620 South Chelan Avenue

Wenatchee WA 98801

704 sq. ft.

6534 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

INVESTMENT OPPORTUNITY! Property features two homes on one lot. The front home offers 2 bedrooms and 1 bathroom with updated electrical and is currently rented for $650 per month, providing immediate income potential. The second home at 620 1/2, 1 bedroom 1 bath built in 1950's - it did experienced a fire in 2026 and is ready for a new owner to restore, renovate, or reimagine. Great opportunity for investors, contractors, or buyers looking to add value and build equity. Bring your vision and explore the possibilities! Convenient location close to schools, shopping, and downtown Wenatchee amenities. Residential Mixed Use District (RMU) zone promotes primarily residential development with some supportive, small-scale commercial uses while keeping a neighborhood feel. Uses: Chapter 10.20 Purpose: The residential mixed use land use classification is a district suited to residential activities from single-family to high-intensity multifamily configurations. Limited commercial activities are allowed at a scale and intensity that maintain the residential scale and character of the neighborhood while providing for a mix of supportive uses.