Welcome to 125 & 129 Chelan Ave! 2 parcels consisting of a small 1 bed 1 bath home, duplex with a 2 bed 2 bath unit, 2 bed 1 bath unit, & separately rented garage space accessed by rear alley (4 "units" in total). There are 4 storage lockers in rear of property providing some added rental income & space for renters. This fully occupied property currently has long term tenants in each space, but is also zoned Downtown Mixed Use which allows for Short Term Rentals providing additional flexibility and alternative future rental income options. Approx 2,200 of total living space, 450sqft garage space (buyer to verify), and $4,500/mo rental income. Prime location in downtown Chelan just two blocks from the main strip and the lake itself!
The median home value in Chelan, WA is $650,000. This is higher than the county median home value of $454,100. The national median home value is $338,100. The average price of homes sold in Chelan, WA is $650,000. Approximately 33.93% of Chelan homes are owned, compared to 28.45% rented, while 37.62% are vacant. Chelan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chelan real estate agent to arrange a tour today!
Chelan, Washington has a population of 4,237. Chelan is less family-centric than the surrounding county with 24.43% of the households containing married families with children. The county average for households married with children is 29.86%.
The median household income in Chelan, Washington is $62,905. The median household income for the surrounding county is $64,895 compared to the national median of $69,021. The median age of people living in Chelan is 44.3 years.
The average high temperature in July is 86.3 degrees, with an average low temperature in January of 22.3 degrees. The average rainfall is approximately 12.4 inches per year, with 33.8 inches of snow per year.