225 W Highland Avenue

Chelan, WA 98816

About this property

Rare opportunity to own a well maintained triplex in the heart of Lake Chelan, offering an exceptional investment opportunity or the flexibility to live in one unit while generating income from the other two. Ideally located just blocks from the crystal clear waters of Lake Chelan and the vibrant downtown district, this property provides easy access to boutique shopping, restaurants, tasting rooms, parks, and year round community events. Each of the three spacious units features 3 bedrooms, 1.5 bathrooms, and convenient laundry hookups, making them highly desirable for long term tenants. Residents and visitors alike will appreciate being just minutes from world renowned wineries and vineyards, championship golf, boat launches and marinas, hiking and biking trails, fishing, water sports, skiing at Echo Valley, and countless outdoor recreation opportunities that make the Lake Chelan Valley one of Washington's premier destinations. Whether you are looking to expand your investment portfolio, generate strong rental income, or offset your mortgage by occupying one unit while leasing the others, this is a versatile property in an unbeatable location.

About this property

Rare opportunity to own a well maintained triplex in the heart of Lake Chelan, offering an exceptional investment opportunity or the flexibility to live in one unit while generating income from the other two. Ideally located just blocks from the crystal clear waters of Lake Chelan and the vibrant downtown district, this property provides easy access to boutique shopping, restaurants, tasting rooms, parks, and year round community events. Each of the three spacious units features 3 bedrooms, 1.5 bathrooms, and convenient laundry hookups, making them highly desirable for long term tenants. Residents and visitors alike will appreciate being just minutes from world renowned wineries and vineyards, championship golf, boat launches and marinas, hiking and biking trails, fishing, water sports, skiing at Echo Valley, and countless outdoor recreation opportunities that make the Lake Chelan Valley one of Washington's premier destinations. Whether you are looking to expand your investment portfolio, generate strong rental income, or offset your mortgage by occupying one unit while leasing the others, this is a versatile property in an unbeatable location.

Features and Additional Information

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$1,275,000 Active
3,956 sqft

Presented By Coldwell Banker 360 Team

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Get in touch today! Phone: 1-360-675-5915
Brokerage
Nick McLean Real Estate Group
1-509-670-5532
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Area Information

961 Lake Chelan | Chelan County | Chelan

$ 1,275,000
This listing is play_arrow 131.9% higher than the average in the area
$ 549,900 in the area
3,956 SqFt
This listing is play_arrow 145.0% larger than the average in the area
1,615 SqFt in the area
$ 322 $/SqFt
This listing is play_arrow 5.3% less than the average in the area
$ 340 $/SqFt in the area
100 days on site
This listing is play_arrow 49.3% above the average in the area
67 days on site in the area

Schools in the Area

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Listed By Trevor King
Brokerage: Nick McLean Real Estate Group

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