Pending

MLS: #NWM2564544, Listed By: Shelli Churchill, Kelly Right RE of Spokane LLC, Source:NWMLS - Northwest Multiple Listing Service

15029 State Route 97a

Entiat, WA 98822
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

Acres1.61

Acres(Lot)

Exceptional value-add investment opportunity featuring 13 two-bedroom, one-bath apartment units situated on approximately 1.6 acres overlooking the Columbia River aka Lake Entiat. The property currently generates income from 11 occupied units, while two units are occupied by on-site maintenance personnel and one additional space is utilized for storage. Several residents have called this property home for more than 20 years, resulting in long-term tenancy and stable occupancy. While many units have not been updated during those long tenancies, several units have been improved in recent years, creating an opportunity for a new owner to continue renovations as units become available. Existing rents are below market, offering significant upside through thoughtful updates and future rent adjus tments. Conveniently located just 20 minutes from Wenatchee and Lake Chelan, the property also offers Columbia River views and long-term investment potential. The generous parcel and highly visible location provide additional future development possibilities, subject to buyer verification of zoning and local regulations.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $1,200,000

AD Id : 89135864

MLS Id : NWM2564544

Lot Size : 1.61 Acres

Year Built : 1944

County : Chelan

Subdivision: Owen Burns

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Roof: Composition

    Roofing Information

    Composition
  • Flooring Information

    Flooring: Vinyl, Carpet Construction Materials: Wood
  • Heating & Cooling

    Heating: Wall Furnace Has Heating: Yes Cooling: See Remarks Has Cooling: Yes WaterSource: Individual Well

  • Building Information

    Year Built: 1944
  • Exterior Features

    Wood Construction Materials: Wood Foundation Details: Pillar/Post/Pier

  • Lot Information

    Lot Square Feet: 70132 Lot Acres: 1.61

    Property Information

    Property Type: Residential Income Sub Type: Multi Family Structure Type: Multi Family

  • Listing Price Information

    Original List Price:$1200000

  • Tax Information

    Annual Tax: $5112.04 Tax Year: 2025 Parcel Number: 252104130250

  • Parking Information

    Total Parking: 20

  • School Information

    Elementary School: Paul Rumburg Elem Junior High School: Entiat Jnr Snr High Senior High School: Entiat Jnr Snr High
  • Utility Information

    Sewer: Septic Tank Water Source: Individual Well
  • Location Information

    Subdivision: Entiat City: Entiat Direction: GPS will get you there.
Sell a home like this and save $71,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...
Broker Logo

Disclaimer: The information being provided courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the NWMLS - Northwest Multiple Listing Service. ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of NWMLS - Northwest Multiple Listing Service. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 08/06/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the 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.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 08/06/2026 @ 18:20. 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. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.


DMCA Notice

ByOwner last updated this listing 08/06/2026 @ 18:20

MLS: NWMLS #2564544 LISTED BY: Shelli Churchill, Kelly Right RE of Spokane LLC 509-489-7000 SOURCE: NWMLS - Northwest Multiple Listing Service (Listings courtesy of NWMLS - Northwest Multiple Listing Service as distributed by MLS GRID)

Homes around $1,200,000

Selling? Save $71,501 when you sell a home like this

Tour with a ByOwner Agent