Listed by CB Cascade RE - Lake Chelan
$2,250,000

340 Pear Ln Unit 1-8 Wenatchee, WA 98801

Estimated payment $13,078/month

3 Beds
2 Baths
8,308 Sq Ft
$271 Price per Sq Ft

Highlights

  • Territorial View
  • No HOA
  • Patio
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

SELLER FINACNING! Excellent investment opportunity with proven cash flow and strong long-term stability! This 8-unit complex is ideally located near Wenatchee Valley College and centrally positioned for easy access to shopping, dining, and public transportation—supporting consistent tenant demand and strong occupancy. The property features a desirable unit mix of one 1-bedroom unit and seven 2-bedroom units, creating a balanced and reliable rent roll. All units are single-level flats with no units above or below, offering enhanced privacy and strong tenant appeal. Each unit includes a fireplace and in-unit washer and dryer, with select units featuring private patios. Additional amenities include covered parking for tenants and ample street parking for additional vehicles. The property has an exceptionally strong rental history, making it an ideal asset for investors seeking dependable income and long-term performance.

Listing Agent

Jolene Baker

CB Cascade RE - Lake Chelan License #23634 Listed on: 06/15/2026

CB Cascade RE - Lake Chelan

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2540788

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,662

Year Built

  • Built in 1976

Lot Details

  • 30,242 Sq Ft Lot
  • Corner Lot
  • Sprinkler System

Home Design

  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 8,308 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222004421450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,662

Year Built

Built in 1976

Lot Details

0.69 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1976
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 8308
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 8
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Chelan County PUD
  • SewerCompany: City of Wenatchee
  • WaterCompany: City of Wenatchee

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Wenatchee
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 222004421450
  • Lot Size Acres: 0.6943
  • Lot Size Sq Ft: 30242
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio,Sprinkler System
  • MLSLotSizeSource: Assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 165986

Tax Info

  • Year: 2026
  • Tax Annual Amount: 10662

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 800
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/15/2026 06/15/26 For Sale $2,250,000 -- $271 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2540788

Northwest Multiple Listing Service (NWMLS)
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