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220 E Chelan Ave, Chelan, WA 98816

$628,000
Last sold 11/22/2023 for $742K
—
bed
—
bath
1,604
Sqft ($463/Sqft)

House not for sale

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About 220 E Chelan Ave

Property type House

Neighborhood

Year built 1941

HOA fee $0/month

Lot size 8,400 Sqft

Movoto estimate

Property description

LOCATION! Newly remodeled duplex in very rare DMU Zoning which allows SHORT TERM RENTALS, ADU, B&B, business, etc. Walking distance to downtown Chelan, restaurants, parks and public boat launch. Brand new HVAC, appliances, flooring, interior and exterior paint, windows, fencing, plumbing and all new fixtures. Each unit is 2 beds/1.5 baths, 2 story units with washers/dryers in basement w/storage space. Fully fenced backyards for privacy, ample parking. Chelan has a zero percent vacancy rate for long term rentals. Don't miss the opportunity to own this rent ready duplex with double lot conveniently located with so many options for use.

Listed by

Listing Agent - Jamie Mason

Listing Office - Windermere RE/Lake Chelan

Source: NWMLS

MLS#2175889 • last updated 1 year ago

Movoto checked NWMLS for data 12 minutes ago

Overview
Levels/Style	Duplex
MLS #	2175889
SubType	Multi-Family
Type	Residential Income
SqFt	1604
Status	Sold
Lot Size (SqFt)	8400
Lot Size (Acres)	0.1928
Property Tax	2946
Buying Office	Windermere RE/Lake Chelan
Year Built	1941
Buying Office Phone	509-682-4211
Condition	Remodeled

Interior
Interior Features	Hardwood

Exterior
Foundation	Slab
Roof	Composition
# Open Parking Spaces	2
# Parking Spaces	2
# Uncovered Spaces	2

Amenities / Utilities
Sewer/ Septic	Sewer Connected, LCRD
Water	Public
Water Company	LCRD
Power Company	Chelan County PUD
Power Production: Type	Electric
Security Features	FullyFenced
HOA Amenities	Basement

Location
County	Chelan
Subdivision	Chelan
Area	961 - Lake Chelan
Elementary School	Morgen Owings Elem
Middle School	Chelan Mid
High School District	Lake Chelan
High School	Chelan High
APN	272213512292
Zoning	See Remarks

Multifamily Details
Net Operating Income	43200
Capitalization Rate	6
Expense: Insurance	1200
Gross Scheduled Income	43200
Expense: Fuel	1200
Gross Adjusted Income	43200
Total Expenses	5638
Gross Rent Multiplier	17
Nwm_Totalmonthlyincome	3600

Lot/ Land Details
Site Features	Fenced-Partially, High Speed Internet

$628K

Range: $383K-$872K

Last 30 days

Lower your payment with the loan terms that fit you.

Nov 2023
Public Records
Nov 22, 2023 Sold
$742,000
Nov 2023
MLS # 2175889
Nov 22, 2023 Sold
$742,000 (-0.9%)
Nov 4, 2023 Pending
—
Nov 1, 2023 Listed
$749,000 (+57.7%)
Aug 2022
Public Records
Aug 24, 2022 Sold
$475,000
Aug 2022
MLS # 1918262
Aug 24, 2022 Sold
$475,000 (-9.5%)
Aug 9, 2022 Pending
—
Aug 5, 2022 Active
—
May 3, 2022 Pending
—
Apr 18, 2022 Listed
$525,000 (+16.9%)
Aug 2018
Public Records
Aug 3, 2018 Sold
$449,000

220 E Chelan Ave
$742K
961 - Lake Chelan
—
98816
$724K -19% y/y
Chelan
$734K -18% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
222 E Chelan Ave, Chelan, WA 98816	$374,973	2/1	1,004	0.01
214 E Chelan Ave, Chelan, WA 98816	$357,866	1/1	750	0.01
226 E Chelan Ave, Chelan, WA 98816	$346,042	2/2	1,019	0.02
221 N Sanders St, Chelan, WA 98816	$374,841	2/1	1,176	0.03
217 N Sanders St, Chelan, WA 98816	$337,683	2/1	1,028	0.03
217 E Chelan Ave, Chelan, WA 98816	$660,257	2/2	936	0.03
229 E Chelan Ave, Chelan, WA 98816	$951,233	4/2	1,846	0.04
214 E Allen Ave, Chelan, WA 98816	$417,559	3/—	1,636	0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.