WA > Cashmere > Cashmere
Cashmere, WA 98815,106 & 108 W Pleasant AVE
Cashmere, WA 98815,106 & 108 W Pleasant AVE
Cashmere, WA 98815,106 & 108 W Pleasant AVE
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Mike Farrell

Mike Farrell

+1(360) 910-1926
Listed by RE/MAX Advantage
$525,000
Est. payment /mo
0.59 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Cashmere

MLS Listing ID 2410907

Style 40 - Res-Less thn 1 Ac

Annual Tax Amount $1,598

Lot Size 0.590 Acres

Lot Dimensions 150' Frontage 173' Depth

Property Sub-Type Land

Property Description

Rare Multifamily Development Opportunity in Cashmere! Two adjacent parcels totaling 0.59 acres (Parcel #s: 231904790055 & 231904790005) with zoning that allows up to 12 total units—two 4-plexes on the larger parcel and one 4-plex on the smaller. Excellent location with easy access to Hwy 2 & Hwy 97 for commuting. Nearby 4-plex units rent for approx. $1,900/month, offering strong income potential. Based on stabilized rents and a 6.5% cap rate, the projected value of a completed 12-unit development exceeds $2.8M. One of the last build-ready multifamily sites in this high-demand area—don't miss this investment opportunity!

Location

State WA

County Chelan

Area 963 - Cashmere

Interior

Fireplace false

Exterior

Utilities Available Electricity Connected

View Y/N Yes

View Mountain(s), Territorial

Garage Yes

Building

Lot Description Dead End Street, Paved

Sewer Available

Water Available

Schools

Elementary Schools Vale Elem

Middle Schools Cashmere Mid

High Schools Cashmere High

School District Cashmere

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)
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Mike Farrell

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(360) 910-1926

mikehomecenter@gmail.com

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106 & 108 W Pleasant AVE

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