101 Spencer Creek RD, Kalama, WA 98625 - MLS#2418490

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Palmer Sather IV

palmer@1realty.com +1(206) 557-9985

Listed by Woodford Commercial RE

$699,900

Est. payment - /mo

12 Beds

4 Baths

4,500 SqFt

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UPDATED:

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

Fireplace false

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

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Palmer Sather IV

+1(206) 557-9985

Broker

101 Spencer Creek RD Kalama, WA 98625

Palmer Sather IV

Key Details

Location

Interior

Exterior

Building

Schools

Others

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