101 Spencer Creek RD Pending Save Request In-Person Tour Request Virtual Tour
Kalama,WA 98625
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $155
Subdivision Kalama
MLS Listing ID 2418490
Style 54 - 4-Plex
Bedrooms 12
Year Built 1966
Annual Tax Amount $4,485
Lot Size 0.540 Acres
Property Sub-Type Multi Family
Property Description
This fourplex, located in the beautiful hills of Kalama, is approx. 4,500 SF & sits on a large corner lot with approx. 23,522 SF. Features four 3 Bed/1 Bath units, patios on bottom units, decks for the upper units, & a four-car carport. Shared laundry room & hook-up in one of the units for added convenience. With stable, long-term tenants already in place, this property generates consistent income & presents strong upside potential through continued value-add improvements & rent adjustments to match current market rates. Currently offered at a 7% CAP Rate & served by Kalama water & septic, 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
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot,Paved
Sewer Septic Tank
New Construction No
Schools
Elementary Schools Kalama Elem
Middle Schools Kalama Jnr Snr High
High Schools Kalama Jnr Snr High
School District Kalama
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional