106 & 108 W Pleasant Avenue

Cashmere, WA 98815

  • Bed

  • Bath

  • 0 SqFt

  • 30 DOM

  • Built:

  • Status: Active

$525,000

X

106 & 108 W Pleasant Avenue

Cashmere 98815

$525000

  • Bed

  • Bath

  • 0 SqFt

  • 30 DOM

  • Built:

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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!

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Residence Information

  • 0

  • 40 - Res-Less thn 1 Ac

Features and Utilities

  • Available

  • Available

Financial

  • 1598.89

  • Cash Out, Conventional

  • 07-22-2025

Comparable Information

  • 30

  • 30

  • Cash Out, Conventional

  • $545,000

  • $545,000

  • Aug 21, 2025 17:06

Schools

Elementary : Vale Elem N/A Ratings
Middle : Cashmere Mid N/A Ratings
High : Cashmere High N/A Ratings

Map

Listing courtesy of RE/MAX Advantage.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Sep 07, 2025 07:33 | Listing last modified Aug 21, 2025 17:06. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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