106 & 108 W Pleasant Avenue, Cashmere, Washington 98815

WA, Cashmere
$476,390
  • 0.59 Acre
  • Land Property Type
  • Closed Status
Property Description

Opportunity rings in Cashmere! Two adjacent parcels totaling 0.59 acres offer multi-family zoning for up to 12 units, ideal for long-term or short-term rentals in this high-demand area. Current storage facility provides immediate income with room to expand on the vacant lot, creating strong cash flow potential. Excellent location with easy Hwy 2 & Hwy 97 access—perfect for travelers and tenants alike. Nearby 4-plex units rent for approx. $1,900/month, and with a 6.5% cap rate, the projected value of a completed 12-unit development exceeds $2.8M. Build, expand storage, or combine both strategies for maximum return!

Source: NWMLS
Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 2410907
  • Price: $476,390
  • View: Mountains,Territorial
  • Lot Area: 0.59 Acre
  • Status: Closed
  • Office Name: RE/MAX Advantage
  • Agent Name: Nick Bowler
  • Property Sub Type: Land
Features
  • Parking Garage
  • Sewer Available
  • Utilities Electricity Connected
Address Map
  • Country US
  • State WA
  • County Chelan
  • City Cashmere
  • Zipcode 98815
  • Street: Pleasant
  • Street Number: 106 & 108
  • Street Suffix: Avenue
  • Longitude: W121° 31' 45.2''
  • Latitude: N47° 31' 25.9''
  • Directions: Highway 2, take exit on Aplets Way. Right on W Pleasant or turn right on Prospect Street and approach property from back street.
  • Mls Area Major: 963 - Cashmere
  • Street Dir Prefix: W
  • Zoning: DB-Downtown Business
Neighborhood
  • Elementary School: Vale Elem
  • High School: Cashmere High
  • High School District: Cashmere
  • Middle School: Cashmere Mid
Additional Information
  • Lot Size Dimensions: 150' Frontage 173' Depth
  • Water Source: Available
  • Possible Use: Multi-Family,Residential
  • On Market Date: 2025-07-22
  • Lot Features: Dead End Street, Paved
Financial
  • Tax Annual Amount: 1598.89
Listing Information
  • Co List Agent Full Name: Ashley Stanaway
  • Co List Agent Mls Id: 125543
  • Co List Office Mls Id: 6465
  • Co List Office Name: RE/MAX Advantage
  • List Agent Mls Id: 98890
  • List Office Mls Id: 2383
  • Listing Term: Cash,Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2026-04-14T21:29:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-14T21:26:51Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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