$465,000 Price Analysis    ♡   Centralia, WA 98531 Unknown bed None bath 2,913 SqFt ($159/SqFt) 7,272SqFt lot. Built 1925 Listed 2024-06-07, Taxes $4,807 | ✓ USDA Eligible near Fords Prairie, WA Restrictions may apply due to home size |
Downtown Centralia duplex for sale with a strong rental history and consistent cash flow.
Commercially zoned. Roof and Plumbing done around 2010. Fresh Paint in 2019. Electrical switched from knob and tube in 1995. Unit 1 offers 1, 853 sq ft, 3 beds, 2 baths, 2 living areas, ample storage, parking for 2, laundry, & large unfinished basement, all with extraordinary long-term tenants. Unit 2, 1, 121 sq ft, 2 beds, 1 bath, walk-in closet, driveway parking, inviting kitchen nook, & fantastic tenants. With a 5% down payment multi-family loan program, it's perfect for hous hacking or a solid long term investment. Ask your lender for more details!
Walking distance to Centralia Community College, downtown restaurants.
Presented by Michael Severeid at
eXp Realty- Main Office.
Property MLS #2249118 from NWMLS
Wall to Wall Carpet
Flooring: Vinyl, Wall to Wall Carpet
Flooring: Vinyl, Wall to Wall Carpet
Heating Features: Forced Air, Wall
Heating Fuel: Electric, Natural Gas
Heating: Yes
Heating Fuel: Electric, Natural Gas
Heating: Yes
Wood
Lot Description: Corner Lot, Curbs, Paved Street, Sidewalk
Lot Size Acres: 0.1669421
Lot Size Square Feet: 7272
Lot Size Acres: 0.1669421
Lot Size Square Feet: 7272
Open Parking Spaces: 3
Open Parking: Yes
Parking Features: RV Parking
Parking Total: 3
Open Parking: Yes
Parking Features: RV Parking
Parking Total: 3
View: Territorial
Security Features: FullyFenced
Security Features: FullyFenced
Basement
Elementary School: Buyer To Verify
High School: Centralia High
High School District: Centralia
Middle School: Centralia Mid
High School: Centralia High
High School District: Centralia
Middle School: Centralia Mid
Centralia Middle School is a public middle school located approximately 1.5 miles away.
Map directions
Map directionsCentralia High School is a public high school located approximately 2.4 miles away.
Map directions
Map directionsEvergreen Academy of Arts & Sciences is a private elementary and middle school located approximately 0.3 miles away.
Map directions
Map directionsWashington Elementary School is a public elementary school located approximately 0.4 miles away.
Map directions
Map directionsGross Scheduled Income: 36300
Leasable Area: 2913
Leasable Area Units: Square Feet
Leasable Area: 2913
Leasable Area Units: Square Feet
Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Unit-1 Description: 1
Unit-2 Description: 2
Unit-1 Square Feet: 1853
Unit-2 Square Feet: 1121
Unit 1 Total Actual Rent: 1775
Unit 2 Total Actual Rent: 1250
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Unit-1 Description: 1
Unit-2 Description: 2
Unit-1 Square Feet: 1853
Unit-2 Square Feet: 1121
Unit 1 Total Actual Rent: 1775
Unit 2 Total Actual Rent: 1250
Calculated Total Monthly Association Fees: 0
Annual Tax Amount: 5133
Source Listing Status: Active
Country Region: US
County: Lewis
Cap Rate: 5.35
Directions: From I-5 Exit 81 to East on Mellen, becomes Alder, becomes Cherry, to Left on Tower to Left on Pear.
Tax Year: 2023
Source Property Type: Multi-Family
Possible Use: Commercial, Multi-Family
Insurance Expense: 1502
Area: 426 - Centralia
List Development Name: Centralia
Source Neighborhood: Centralia
Parcel Number: 001008000000
Subdivision: Centralia
Zoning: Commercial, Multi-Family
Source System Name: C2C
Buyer Agent Commission: 2.5
Source Listing Status: Active
Country Region: US
County: Lewis
Cap Rate: 5.35
Directions: From I-5 Exit 81 to East on Mellen, becomes Alder, becomes Cherry, to Left on Tower to Left on Pear.
Tax Year: 2023
Source Property Type: Multi-Family
Possible Use: Commercial, Multi-Family
Insurance Expense: 1502
Area: 426 - Centralia
List Development Name: Centralia
Source Neighborhood: Centralia
Parcel Number: 001008000000
Subdivision: Centralia
Zoning: Commercial, Multi-Family
Source System Name: C2C
Buyer Agent Commission: 2.5
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $515,300 + $70,000 $585,300 | $4,807 |
| 2022 | $431,300 + $87,700 $519,000 | $5,132 |
| 2021 | $305,800 + $71,300 $377,100 | $3,949 |
| 2020 | $250,000 + $58,000 $308,000 | $4,240 |
| 2019 | $250,000 + $58,000 $308,000 | $3,606 |
| 2018 | $194,000 + $58,000 $252,000 | $3,364 |
| 2017 | $194,000 + $58,000 $252,000 | $2,546 |
| 2016 | $185,100 + $64,000 $249,100 | $2,555 |
| 2015 | $185,100 + $64,000 $249,100 | $2,833 |
| 2014 | $185,100 + $64,000 $249,100 | $2,724 |
| 2013 | $185,100 + $80,000 $265,100 | $2,779 |
| 2012 | $185,100 + $80,000 $265,100 | $2,610 |
| 2011 | $185,100 + $80,000 $265,100 | $2,520 |
| 2009 | $174,700 + $80,000 $254,700 | $2,112 |
| 2008 | $174,700 + $80,000 $254,700 | $2,226 |
| 2007 | $174,700 + $80,000 $254,700 | $2,238 |
Price Changed 2024-07-18
$465,000
NWMLS
Price Changed 2024-07-18
$465,000
NWMLS
Listed 2024-06-07
$475,000
NWMLS
Listed 2024-06-06
$475,000
NWMLS
Listing removed 2024-01-26
$0
NWMLS
Listing removed 2024-01-24
$0
NWMLS
Price Changed 2023-12-15
$474,950
NWMLS
Price Changed 2023-12-15
$474,950
NWMLS
Listed 2023-12-06
$479,950
NWMLS
Listed 2023-11-09
$479,950
NWMLS
Sold 2018-08-22
$234,000
Public Record
Listing removed 2018-01-30
$245,000
NWMLS
Price Changed 2018-01-13
$245,000
NWMLS
Price Changed 2017-11-14
$255,000
NWMLS
Listed 2017-09-19
$265,000
NWMLS
Listing removed 2014-11-22
$995
RentalRoost
Listing removed 2014-11-20
$995
Appfolio
Listed for rent 2014-10-04
$995
RentalRoost
Listed for rent 2014-10-02
$995
Appfolio
Sold 2006-09-18
$296,500
Public Record
$465,000
NWMLS
Price Changed 2024-07-18
$465,000
NWMLS
Listed 2024-06-07
$475,000
NWMLS
Listed 2024-06-06
$475,000
NWMLS
Listing removed 2024-01-26
$0
NWMLS
Listing removed 2024-01-24
$0
NWMLS
Price Changed 2023-12-15
$474,950
NWMLS
Price Changed 2023-12-15
$474,950
NWMLS
Listed 2023-12-06
$479,950
NWMLS
Listed 2023-11-09
$479,950
NWMLS
Sold 2018-08-22
$234,000
Public Record
Listing removed 2018-01-30
$245,000
NWMLS
Price Changed 2018-01-13
$245,000
NWMLS
Price Changed 2017-11-14
$255,000
NWMLS
Listed 2017-09-19
$265,000
NWMLS
Listing removed 2014-11-22
$995
RentalRoost
Listing removed 2014-11-20
$995
Appfolio
Listed for rent 2014-10-04
$995
RentalRoost
Listed for rent 2014-10-02
$995
Appfolio
Sold 2006-09-18
$296,500
Public Record
Net Operating Income: 26747
Operating Expense: 9553
Operating Expense: 9553
Power Production Type: Electric, NaturalGas
Sewer: Sewer Connected
Water Source: Public
Sewer: Sewer Connected
Water Source: Public
Building Area Total: 2913
Building Area Units: Square Feet
Foundation Details: Concrete Block, Poured Concrete
Living Area Units: Square Feet
Property Age: 99
Roof: Composition
Building Total Stories: 2
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet
Building Area Units: Square Feet
Foundation Details: Concrete Block, Poured Concrete
Living Area Units: Square Feet
Property Age: 99
Roof: Composition
Building Total Stories: 2
Structure Type: Duplex
House Style: Duplex
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.