$1,275,000
Est. $6,752/mo225 W Highland Avenue, Chelan, WA 98816
• Listed 2026-08-03•47 days on market
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Rare opportunity to own a well maintained triplex in the heart of Lake Chelan, offering an exceptional investment opportunity or the flexibility to live in one unit while generating income from the other two. Ideally located just blocks from the crystal clear waters of Lake Chelan and the vibrant downtown district, this property provides easy access to boutique shopping, restaurants, tasting rooms, parks, and year round community events. Each of the three spacious units features 3 bedrooms, 1.5 bathrooms, and convenient laundry hookups, making them highly desirable for long term tenants. Residents and visitors alike will appreciate being just minutes from world renowned wineries and vineyards, championship golf, boat launches and marinas, hiking and biking trails, fishing, water sports, skiing at Echo Valley, and countless outdoor recreation opportunities that make the Lake Chelan Valley one of Washington's premier destinations. Whether you are looking to expand your investment portfolio, generate strong rental income, or offset your mortgage by occupying one unit while leasing the others, this is a versatile property in an unbeatable location.
Listed by Trevor King • Nick McLean Real Estate Group
Listing updated: August 3, 2026 at 05:28pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2564062
Open houses
No upcoming open houses scheduled for this property.
225 W Highland Avenue, Chelan, WA 98816
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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.
$7,362 per month
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Chelan is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 3% below list price.
Time on market: The average home goes pending in around 10 days.
$140,000 Sold
3 days ago
•Single Family
919 E Johnson(lot 11) Avenue, Chelan, WA 98816
12%
Under list
—
Days on market
0.9 mi
Distance
$780,000 Sold
3 weeks ago
2 bd•3 ba•~1,092 sq ft•Single Family
117 Bluebell Lane, Chelan, WA 98816
2%
Under list
—
Days on market
0.8 mi
Distance
$1,157,500 Sold
5 weeks ago
4 bd•4 ba•~2,124 sq ft•Single Family
217 Bluebell Lane, Chelan, WA 98816
11%
Under list
—
Days on market
0.8 mi
Distance
$685,000 Sold
6 weeks ago
5 bd•3.25 ba•~2,778 sq ft•Single Family
417 N Columbia Street, Chelan, WA 98816
2%
Under list
—
Days on market
0.2 mi
Distance
$79,000 Sold
7 weeks ago
•Single Family
1350 Woodin Avenue #a-08, Chelan, WA 98816
1%
Under list
—
Days on market
1.0 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 3, 2026 at 05:28pm (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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