$550,000
Listed at $650,0002 bd•1 ba•968 sq ft
524 E Allen Avenue, Chelan, WA 98816
• Listed 2025-03-18
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Based on information submitted to the MLS GRID as of November 17, 2025 at 04:03am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Development opportunity, Priced well below Assessed Value. Value in the land. Four parcels. Older small rental home and even smaller vacant home on 11 city lots, totally 1.60 acres. The property is zoned for many downtown mixed uses i.e. multifamily homes, apartments or town homes. Can also be boundary adjusted for more options. The property has several terraces, the upper tier offering great views of the city, Lake Chelan and surrounding foothills The property is served by city water, sewer and PUD power. The structures are in fair condition, but not financeable,. Good access off Allen Ave. A portion of Chelan St has also been vacated to expand the acreage to just shy of 2 acres.
Listed by Joe Collins • Windermere RE/Lk Chelan Midtwn
Listing updated: November 17, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2346240
Open houses
No upcoming open houses scheduled for this property.
$412,000
-$138,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $360K and $599K.
Rental earnings
$1,225/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$550,000Last sold price
524 E Allen Avenue, Chelan, WA 98816
$599,000Last sold price
617 E Wapato Avenue, Chelan, WA 98816
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Lake Chelan School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
$137,500 Sold
3 weeks ago
•Single Family
1111 E Allen Street, Chelan, WA 98816
21%
Under list
—
Days on market
0.1 mi
Distance
$475,000 Sold
5 weeks ago
3 bd•2 ba•~1,694 sq ft•Single Family
116 E Raymond Avenue, Chelan, WA 98816
4%
Under list
—
Days on market
0.7 mi
Distance
$635,000 Sold
2 months ago
3 bd•1 ba•~1,732 sq ft•Single Family
479 Sunny Brooke Lane, Chelan, WA 98816
2%
Under list
—
Days on market
0.6 mi
Distance
$259,000 Sold
3 months ago
2 bd•1 ba•~900 sq ft•Single Family
143 E Nixon Avenue, Chelan, WA 98816
0%
Over list
—
Days on market
0.4 mi
Distance
$495,000 Sold
3 months ago
4 bd•1.5 ba•~1,704 sq ft•Single Family
227 E Franklin, Chelan, WA 98816
0%
Over list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data from MLS GRID / NWMLS
