Kalama, WA 98625,264 N 2nd ST
Demba & Aisha Baldeh
Demba & Aisha Baldeh

Brokers, REALTORS | Lic# 20114290

+1(425) 319-0884

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Listed by Woodford Commercial RE
Bought with Woodland Real Estate LLC

$ 655,000

$ 599,900 9.2%

Est. payment | /mo

8 Beds

4 Baths

10,498 Sqft Lot


$ 655,000

$ 599,900 9.2%

Est. payment | /mo

8 Beds

4 Baths

10,498 Sqft Lot

Key Details

Sold Price $655,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Kalama

MLS Listing ID 2416672

Sold Date 09/05/25

Style 54 - 4-Plex

Bedrooms 8

Year Built 1990

Annual Tax Amount $4,492

Lot Size 10,498 Sqft

Property Sub-Type Multi Family

Property Description

Rare multifamily fourplex opportunity in Kalama! Sits on a 10,498 SF lot two blocks from downtown & features four 2 Bed/1 Bath units with parking in the back. Each unit is equipped with laundry hook-ups, vaulted ceilings & balconies on upper floor units, patios on bottom units, large bedrooms, & oversized living rooms. Historically stable, long-term tenants in place, this property generates consistent income & presents strong upside potential through value-add improvements & rent adjustments to match current market rates. Offered at a 6.7% cap rate & served by Kalama utilities, this is a solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance.

Location

State WA

County Cowlitz

Area 420 - South County/Woodland

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Kalama Elem

Middle Schools Kalama Jnr Snr High

High Schools Kalama Jnr Snr High

School District Kalama

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)

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agent
Demba & Aisha Baldeh

Brokers, REALTORS | Lic# 20114290

+1(425) 319-0884

19515 North Creek Parkway Suite 214, Bothell, WA, 98011

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264 N 2nd ST