Cashmere, WA 98815 106 & 108 W Pleasant Avenue
$525,000
31 more
Presented By: RE/MAX Advantage and NWMLS
- MLS# 2410907
- 07/22/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Garage • 1
Home Details
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 $2.8M. One of the last build-ready multifamily sites in this high-demand area—don’t miss this investment opportunity!
Presented By: RE/MAX Advantage and NWMLS
Interior Features for 106 & 108 W Pleasant Avenue
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Fireplaces
General for 106 & 108 W Pleasant Avenue
Building Area UnitsSquare Feet
Carport Y/NNo
CityCashmere
CountyChelan
DirectionsHighway 2, take exit on Aplets Way. Right on W Pleasant or turn right on Prospect Street and approach property from back street.
Elementary SchoolVale Elem
Garage Y/NYes
Gas StatusNot Available
HOANo
HOA Fee$
High SchoolCashmere High
High School DistrictCashmere
Irrigration TypeNone
Listing TermsCash Out, Conventional
Lot Size Square Feet25700
Lot Size UnitsSquare Feet
MLS Area963 – Cashmere
Middle/Junior High SchoolCashmere Mid
ModificationTimestamp2025-08-21T17:07:11.388Z
NWM_ShowMapLinkY
PossessionClosing
Possible UseMulti-Family, Residential
Property Style40 – Res-Less thn 1 Ac
Property SubtypeLand
Property TypeLand
Public RemarksRare Multifamily Development Opportunity in Cashmere! Two adjacent parcels totaling 0.59 acres (Parcel #s: 231904790055 & 231904790005) with zoning that allows up to 12 total unitstwo 4-plexes on the
Senior Community Y/NNo
SewerAvailable
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameCashmere
Tax Annual Amount1598.89
Tax Year2025
TopographyLevel
UtilitiesElectricity Connected
ViewMountain(s), Territorial
Zoning DescriptionMulti-Family, Residential
Exterior for 106 & 108 W Pleasant Avenue
Building Area Total
Irrigation Water Rights Y/NNo
Lot Dimensions150′ Frontage 173′ Depth
Lot FeaturesDead End Street, Paved
Lot Size Acres0.59
Parking FeaturesGarage
Road ResponsibilityCounty
Road Surface TypePaved
Water SourceAvailable
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Vale Elem
High School
Cashmere High
Middle School
Cashmere Mid
Josh QA1
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