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About the Listing 2383 - 98890,125543
Opportunity rings in Cashmere! Two adjacent parcels totaling 0.59 acres offer multi-family zoning for up to 12 units, ideal for long-term or short-term rentals in this high-demand area. Current storage facility provides immediate income with room to expand on the vacant lot, creating strong cash flow potential. Excellent location with easy Hwy 2 & Hwy 97 access—perfect for travelers and tenants alike. Nearby 4-plex units rent for approx. $1,900/month, and with a 6.5% cap rate, the projected value of a completed 12-unit development exceeds $2.8M. Build, expand storage, or combine both strategies for maximum return!
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Available
Exterior Details
- Lot Description: Dead End Street,Paved,Zoning: Multi-Family,Residential
- Garage Capacity: N/A
- Lot Dimensions: 150' Frontage 173' Depth
- Zoning: Multi-Family,Residential
- Roof:
- Others:
- Sewer: Available
- Parking Features: Garage
Financial Details
- Tax Amount: $1,599
- Taxes w/Assessments: N/A
- Tax/Property ID: 231904790055
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
106 & 108 W Pleasant Ave Cashmere, WA 98815
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