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$569,900   Price Analysis
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528 NE Washington Ave
Chehalis, WA 98532
Unknown bed None bath 2,319 SqFt ($245/SqFt)
8,276SqFt lot. Built 1920
Listed 2024-03-16, Taxes $3,456
USDA Eligible
near Chehalis, WA
 Restrictions may apply
due to home size

Very well-kept

This 4-plex has three 1 bedroom/1 bath units and one 2 bedroom/1 bath unit. Units have been (and are currently) fully rented. Located close to town, bus lines and in a residential neighborhood consisting of predominntly single-family homes.

Vinyl windows, appliances included in each unit, with parking for 9 vehicles. Common laundry area on main floor for all units.


Presented by Brent Taylor at
John L. Scott - Centralia.
Listing Agent Photo

Property MLS #2208949 from NWMLS

Wall to Wall Carpet
Laminate
Flooring: Laminate, Wall to Wall Carpet

Fuel Expense: 1
Heating Features: Wall
Heating Fuel: Electric
Heating: Yes

Cement Planked
Wood
Wood Products

Lot Description: Alley, Sidewalk
Lot Size Acres: 0.1899908
Lot Size Dimensions: 75 X 112
Lot Size Square Feet: 8276

Open Parking Spaces: 9
Open Parking: Yes
Parking Total: 9

View: City, Territorial
Green Energy Efficient: Thermal Windows

Coin Op Laundry
Thermal Windows

Elementary School: Buyer To Verify
High School: W F West High
High School District: Chehalis
Middle School: Chehalis Mid

W F West High School is a public high school located approximately 1.5 miles away.
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Chehalis Middle School is a public middle school located approximately 2 miles away.
directions icon Map directions

R E Bennett Elementary School is a public elementary school located approximately 0.6 miles away.
directions icon Map directions

St Joseph School is a private elementary and middle school located approximately 0.8 miles away.
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Gross Scheduled Income: 40800
Leasable Area: 2319
Leasable Area Units: Square Feet

Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Description: 1
Unit-2 Description: 2
Unit-3 Description: 3
Unit-4 Description: 4
Unit-1 Square Feet: 473
Unit-2 Square Feet: 518
Unit-3 Square Feet: 593
Unit-4 Square Feet: 826
Unit 1 Total Actual Rent: 900
Unit 2 Total Actual Rent: 900
Unit 3 Total Actual Rent: 750
Unit 4 Total Actual Rent: 850

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1943
Source Listing Status: Active
Country Region: US
County: Lewis
Cap Rate: 6
Directions: Exit 79 in Chehalis. Left onto Chamber Way, left on NW Chamber of Commerce Way, right onto National Ave, left onto Pacific Ave, left on Boistfort St, left on Washington Ave to property.
Tax Year: 2024
Other Expense: 600
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1000
Area: 430 - Chehalis
List Development Name: Chehalis
Source Neighborhood: Chehalis
Parcel Number: 004626000000
Street Suffix Modifier: Avenue
Subdivision: Chehalis
Zoning: Multi-Family
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$358,200 + $54,300
$412,500
$3,456
2022$312,500 + $43,200
$355,700
$3,402
2021$136,000 + $41,400
$177,400
$3,494
2020$136,000 + $41,400
$177,400
$1,976
2019$136,000 + $41,400
$177,400
$1,802
2018$131,000 + $41,400
$172,400
$1,953
2017$121,300 + $50,000
$171,300
$2,000
2016$121,300 + $50,000
$171,300
$1,999
2015$121,300 + $50,000
$171,300
$1,765
2014$121,300 + $50,000
$171,300
$1,763
2013$121,300 + $50,000
$171,300
$1,746
2012$121,300 + $50,000
$171,300
$1,638
2011$121,300 + $50,000
$171,300
$1,539
2009$121,300 + $50,000
$171,300
$1,464
2008$121,300 + $50,000
$171,300
$1,568
2007$78,200 + $30,000
$108,200
$1,222

Price Changed 2024-05-20
$569,900
NWMLS
Listed 2024-03-16
$574,900
NWMLS
Listing removed 2019-07-26
$0
NWMLS
Sold 2019-07-25
$350,000
Public Record
Price Changed 2019-05-07
$370,000
NWMLS
Listed 2019-02-18
$395,000
NWMLS
Sold 2010-03-18
$204,000
Public Record
Sold 2005-02-04
$55,000
Public Record

Net Operating Income: 34238
Operating Expense: 7564

Electric Expense: 720
Power Production Type: Electric
Sewer: Available
Water Source: Public

Building Area Total: 2319
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 104
Property Condition: Remodeled
Roof: Composition
Building Total Stories: 2
Structure Type: Quadruplex
House Style: 4-Plex
Elevation Units: Feet
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.