404 S 3rd Street

Chelan, WA 98816

  • Bed

  • Bath

  • 4064 SqFt

  • 37 DOM

  • Built: 1960

  • Status: Active

$850,000

X

404 S 3rd Street

Chelan 98816

$850000

  • Bed

  • Bath

  • 4064 SqFt

  • 37 DOM

  • Built: 1960

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Rare downtown Chelan triplex offering solid investment potential! Neat and tidy with a low-maintenance brick exterior, this 4,064 sq ft property features three larger-than-average rental units (864, 1,600 & 1,600 sq ft), each with its own washer/dryer and updated baths. A small lake view enhances the upstairs unit. A two garage bay, 864 sf basement storage area could create added revenue. Bonus side lot offers future condo development possibilities. Prime location just blocks from the lake, dining, and shopping. With a projected 5.4% cap rate with market rents (buyer to verify), this is a strong income property in one of Chelan’s most desirable areas.

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Residence Information

  • 4064

  • Composition

  • 53 - Tri-plex

  • 1960

  • Poured Concrete

Features and Utilities

  • Brick, Wood

  • Public

  • Sewer Connected

  • 0

Financial

  • 3099

  • Cash Out, Conventional

  • 09-03-2025

Comparable Information

  • 37

  • 37

  • Cash Out, Conventional

  • $895,000

  • $895,000

  • Oct 10, 2025 21:24

Schools

Map

Listing courtesy of Guy Evans Lake Chelan Real Est.

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: Oct 21, 2025 17:16 | Listing last modified Oct 10, 2025 21:24. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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