James & Angie Smith

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of RE/MAX AdvantageNWMLSas Distributed by MLSGrid- MLS# NWM2535556MLS Provider

620 S Chelan AvenueWenatchee, WA 98801

Multi-Family · 3 Beds · 704 Sq. ft. | 0.15 Acres
$209,900 Pending Inspection

620 S Chelan Avenue Overview

Visits:
3

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

620 S Chelan Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 704
  • Price/Sq.ft. $298
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Wenatchee
  • Middle Or Junior School: Pioneer Mid
  • High School: Wenatchee High

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 7800
  • Insurance Expense: 0
  • Net Operating Income: 7800
  • Total Expenses: 2179
  • Total Monthly Income: 1650
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: No
  • Year Built: 1926

Location/Region

  • Country: US
  • County Or Parish: Chelan
  • MLS Area Major: 971 - Wenatchee
  • Subdivision Name: Wenatchee

Tax Information

  • Tax Annual Amount: $2,179.00
  • Tax Year: 2026

General Information

  • Listing Terms: Conventional, Rehab Loan
  • Parcel Number: 222010815532
  • Possible Use: Commercial,Office,Residential,See Remarks
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 704
  • Building Area Units: Square Feet
  • Calculated Square Footage: 704
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: Yes
  • Leasable Area: 1024
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 2
  • Parking Uncovered Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.15
  • Lot Size Square Feet: 6534
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 2
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1000
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 650
  • Beds Total: 2
  • Baths Total: 1

620 S Chelan Avenue Neighborhood

Community

98801 (Wenatchee) Demographics

36
Median Age
264
Population Density (per sq. mile)
37%
College Educated
$62,595
Estimated Median Income
9,870
Estimated Total Home Owners
6,884
Estimated Total Renters
59% / 41%
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.

620 S Chelan Avenue Monthly Cost

$
$ %
%
$
$
* 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.

620 S Chelan Avenue Market Data

Based on the last 30 days in this zip code

$634,876
Average List Price
$283
Average Price per Square Foot
49
Properties Sold
76
Average Days on Market
191
Properties for Sale
Calculations provided by Reliance Network

620 S Chelan Avenue History

Date Event Value Agent
6/26/2026Source: NWMLS Status Change
Pending Inspection
6/5/2026Source: NWMLS Added to Database
June 05, 2026