11
See all 11 photos
Listed by Woodford Commercial RE
$599,900
Est. payment /mo
8 Beds
4 Baths
10,498 Sqft Lot
New
264 N 2nd ST Kalama, WA 98625
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Kalama
MLS Listing ID 2416672
Style 54 - 4-Plex
Bedrooms 8
Year Built 1970
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
"Three Trees" icon indicates a listing provided courtesy of NWMLS.