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Robert Laing

robert.laing@engelvoelkers.com +1(206) 552-0599

Listed by:Windermere Northwest Living • David Thelin

$ 700,000

Est. payment -/mo

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Active

504 N 7th AVE Kelso, WA 98626

9 Beds

4 Baths

3,326 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,326 sqft

Price per Sqft $210

Subdivision Old Kelso Hill

MLS Listing ID 2477548

Style 54 - 4-Plex

Bedrooms 9

Year Built 1966

Annual Tax Amount $5,807

Lot Size 5,000 Sqft

Lot Dimensions 50x100

Property Sub-Type Multi Family

Property Description

Fantastic investment opportunity! This well-maintained 4-plex is a strong, turnkey addition to any rental portfolio, offering solid income and a current cap rate of approximately 7.5% with excellent cash flow. The property has a history of stable, long-term tenants and shows pride of ownership throughout. Three units feature 2 bedrooms and 1 bath, each with a dedicated storage unit and covered parking space. The fourth unit has been thoughtfully converted to a 3-bedroom, expanding rental potential and versatility. Residents enjoy a large shared balcony, and the on-site laundry room has been updated with a new electrical panel and its own hot water tank. The coin-operated laundry provides reliable additional income. Opportunities like this don't come along often—secure this high-performing asset for your portfolio today.

Location

State WA

County Cowlitz

Area 416 - North Kelso

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Garage Spaces 4.0

Amenities Available Cable TV, Fenced-Partially

View Y/N Yes

View Territorial

Roof Type Torch Down

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Barnes Elem

Middle Schools Huntington Jnr High

High Schools Kelso High

School District Kelso

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOLS & PROPERTIES

Julie Fontanez

Real Estate Advisor

+1(206) 651-5770