106 & 108 W Pleasant Avenue, Cashmere, WA 98815 (MLS # 2410907)
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Listing provided courtesy of Northwest MLS; RE/MAX Advantage
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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!
| LAST UPDATED | 7/22/2025 | TRACT | Cashmere |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Cashmere |
| COUNTY | Chelan | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Vale Elem |
|---|---|
| Jr. High School | Cashmere Mid |
| High School | Cashmere High |
| ADDITIONAL DETAILS | |
| AREA | 963 - Cashmere |
|---|---|
| GARAGE | Yes |
| HEAT | None |
| LOT | 0.59 acre(s) |
| LOT DESCRIPTION | Dead End Street, Paved |
| LOT DIMENSIONS | 150' Frontage 173' Depth |
| MLS STATUS | Active |
| PARKING | Garage |
| STYLE | 40 - Res-Less thn 1 Ac |
| SUBDIVISION | Cashmere |
| TAXES | 1598.89 |
| UTILITIES | Electricity Connected, Sewer Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Territorial |
| ZONING | Multi-Family,Residential |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 7/23/25 12:23 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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