All homes

$1,275,000

225 Highland Avenue

Chelan, WA 98816

Active
Territorial view

Beds

—

Baths

—

Sq Ft

—

Lot

0.23 ac

Year built

1976

Type

Residential Income

Days listed

50

MLS #

2564062

About this home

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.

Exterior features

Wood Products

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Baseboard
Cooling
Window Unit(s)
Flooring
Ceramic Tile, Laminate, Vinyl, Vinyl Plank
View
Territorial
Lot
Alley, Paved
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$3,497 (2026)

Estimate your monthly payment

$6,739/mo

Principal & interest
$6,447
Property taxes
$291
Loan amount $1,020,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Chelan, WA 98816

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Nick McLean Real Estate Group— Trevor King.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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