James & Angie Smith

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Listing provided courtesy of Latham Realty Unlimited IncNWMLSas Distributed by MLSGrid- MLS# NWM2449255MLS Provider

518 E Allen StreetChelan, WA 98816

Vacant Land · 0.10 Acres
$175,000 Active

518 E Allen Street Overview

Visits:
3

Discover the perfect investment opportunity in the heart of Lake Chelan! This 4,200 sq ft vacant lot, located next to 518 E Allen Ave, is zoned DMR (Downtown Multi-Family Residential), allowing for versatile development options including duplex, triplex, or multi-unit potential—buyer to verify. Situated just blocks from downtown Chelan, enjoy easy access to shopping, restaurants, the Riverwalk Park trail system, and the sparkling waters of Lake Chelan. Utilities are connected, making it an ideal spot for a vacation rental project or long-term housing. Embrace the Chelan lifestyle with wineries, boating, and year-round recreation right at your doorstep.

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518 E Allen Street Facts & Features

  • Type Vacant Land
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Lake Chelan

Location/Region

  • Country: US
  • County Or Parish: Chelan
  • MLS Area Major: 961 - Lake Chelan
  • Subdivision Name: Chelan

Tax Information

  • Tax Annual Amount: $2,537.34
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 272213512208
  • Possible Use: Multi-Family,Residential
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Dead End Street, Paved
  • Lot Size Dimensions: 105x40
  • Lot Size Square Feet: 4200
  • Lot Size Units: Square Feet
  • Road Surface Type: Paved
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: In Street

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: No
  • Sewer: In Street
  • Utilities: Electricity Available

518 E Allen Street Neighborhood

Community

98816 (CHELAN) Demographics

41
Median Age
14
Population Density (per sq. mile)
28%
College Educated
$56,582
Estimated Median Income
1,416
Estimated Total Home Owners
879
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

518 E Allen Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

518 E Allen Street Market Data

Based on the last 30 days in this zip code

$934,495
Average List Price
$518
Average Price per Square Foot
19
Properties Sold
106
Average Days on Market
188
Properties for Sale
Calculations provided by Reliance Network

518 E Allen Street History

Date Event Value Agent
6/3/2026Source: NWMLS Price Increase
$175,000 16.7%
11/17/2025Source: NWMLS Price Reduction
$150,000 -16.7%
10/28/2025Source: NWMLS Added to Database
October 28, 2025