Listed by RE/MAX Advantage
$525,000
$20K PRICE DROP

106 & 108 W Pleasant Ave Cashmere, WA 98815

Estimated payment $2,906/month

Total Views 2,345
0.59 Acre
$889,831 Price per Acre
25,700 Sq Ft Lot

Highlights

  • 0.59 Acre Lot
  • Mountain View
  • Garage
  • Vale Elementary School Rated A
  • No HOA
  • Level Lot

About This Lot

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!

Listing Agent

Nick Bowler

RE/MAX Advantage License #117542 Listed on: 07/22/2025

RE/MAX Advantage

Co-Listing Agent

Ashley Stanaway

RE/MAX Advantage License #117125

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2410907

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,599

Lot Details

  • 0.59 Acre Lot
  • Street terminates at a dead end
  • Level Lot
  • 231904790005
  • Zoning described as Multi-Family,Residential

Parking

  • Garage

Property Views

  • Mountain
  • Territorial

Schools

  • Vale Elementary School
  • Cashmere Mid Middle School
  • Cashmere High School

Community Details

  • No Home Owners Association
  • Cashmere Subdivision

Listing and Financial Details

  • Assessor Parcel Number 231904790055

Property Details

Property Type

Land

Est. Annual Taxes

$1,599

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Improvements: Fenced-Partially,Garage,Outbuilding(s)
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Mountain(s), Territorial
  • Lot Features: Dead End Street, Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: County Maintained,Paved
  • RoadOnWhichSide: Both Sides
  • WaterJurisdiction: City of Cashmere

Garage/Parking

  • Carport Y N: No
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Sewer: Available
  • Water Source: Available
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: Not Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Cashmere
  • High School: Cashmere High
  • Middle Or Junior School: Cashmere Mid

Lot Info

  • Parcel Number: 231904790055
  • Topography: Level
  • Lot Size Acres: 0.59
  • Lot Size: 150' Frontage 173' Depth
  • Lot Size Sq Ft: 25700
  • Additional Parcels Description: 231904790005
  • Zoning Description: Multi-Family,Residential
  • Zoning: DB-Downtown Business
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • IrrigationType: None

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 1598.89

MLS Schools

  • Elementary School: Vale Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $525,000 -3.7% --
07/22/2025 07/22/25 For Sale $545,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2410907

Northwest Multiple Listing Service (NWMLS)
Washington Chelan County Cashmere 98815

106 & 108 W Pleasant Ave, Cashmere, WA

This home is located at 106 & 108 W Pleasant Ave, Cashmere, WA 98815 and is currently priced at $525,000. 106 & 108 W Pleasant Ave is a home located in Chelan County with nearby schools including Vale Elementary School, Cashmere Middle School, and Cashmere High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. 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, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Nick Bowler
Listing Agent
Nick Bowler
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RE/MAX Advantage
(509) 281-5977