Bought with: eXp Realty
$525,000
$525,000
For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
3,286 SqFt
SOLD DATE : 06/18/2026
Key Details
Sold Price $525,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,286 sqft
Price per Sqft $159
Subdivision Fords Prairie
MLS Listing ID 2503163
Sold Date 06/18/26
Style 53 - Tri-plex
Bedrooms 5
Year Built 1967
Annual Tax Amount $6,152
Lot Size 0.440 Acres
Property Sub-Type Multi Family
Property Description
Great investment opportunity with strong upside potential! This well-maintained triplex sits on a spacious .44-acre lot in a desirable location, offering flexibility for both investors and owner-occupants. The property features three units including a 2 bed/1 bath with attached garage, a 2 bed/2 bath unit, and a newly constructed 1 bed/1 bath unit providing a versatile unit mix to maximize rental income. Currently rented below market value, this property presents immediate opportunity for increased cash flow. Owner currently pays water/sewer/garbage, electricity, and internet for Units A & C, offering additional upside through expense optimization. Situated on a large, level lot, there is plenty of room for tenant enjoyment, future improvements, or added value potential. Convenient location close to amenities, making it attractive to long-term tenants. Listed below tax assessed value, this is a rare chance to secure a multi-family property with built-in equity and strong income growth potential. Whether you're looking to expand your portfolio or step into multi-family investing, this property checks all the boxes
Location
State WA
County Lewis
Area 426 - Centralia
Interior
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
Garage Spaces 2.0
Amenities Available Fenced-Partially, Gas Available, High Speed Internet, Patio, RV Parking
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Centralia
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Nearby Locations
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Brokers, REALTORS | Lic# 20114290
baldehfamilyrealestate@gmail.com
19515 North Creek Parkway Suite 214, Bothell, WA, 98011

