111 West 3rd Street
Centralia, WA 98531
- – beds
- – baths
- – sqft
- 8,712 sqft lot
- 1984 build
Turnkey 5-unit multifamily investment property in Centralia, WA, near the desirable Edison District. This well-maintained property is in a high-demand area with long-term value. Just minutes from downtown shopping, dining, and amenities. Features four spacious identical 1-bedroom units and one smaller 1-bedroom unit, high ceilings, big windows, on-site laundry, ample parking as well as a large fenced yard with possibility for expansion. Strong rental history with reliable tenants. Ideal for new or seasoned investors seeking steady income. Financials available upon request. Significant upgrades completed between 2017-2019, including new roof, siding, paint, plumbing, electrical, windows, and doors.
Last checked:
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Last updated Mar 21, 2025
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MLS# 2346325 —
The Building
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Year Built:1935
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Year Built:1984
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Year Built Source:Public Records
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New Construction:false
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Building Name:Railroad Add
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Structure Type:Multi Family
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Roof:Composition
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Foundation Details:Poured Concrete
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Exterior Features:Cement Planked
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# of Units Total:5
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Building Area Units:Square Feet
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Construction Materials:Cement Plank
Interior
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:46.725325
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Longitude:-122.953099
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Directions:South bound on I5 us exit 82. L at stoplight onto Harrison Ave. L on W 1st St. L on N Tower Ave. 2nd L on W 3rd St. Property is on the R.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Parcel Number:001648000000
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Lot Number:12-16
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Lot Features:Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Dimensions:68 X 125
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Lot Size Acres:0.2
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Lot Size SqFt:8712
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Lot Size Source:TAX ASSESSOR
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Zoning Jurisdiction:City
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View:Territorial
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View:true
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 971-2400
- Office phone:
- (206) 971-2400
Taxes
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Tax Year:2024
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Tax Annual Amount:3143
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:true
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Heating:true
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Cooling:Wall Unit(s)
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Heating:Wall Unit(s)
Utilities
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Sewer:Sewer Connected
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Water Sewer Garbage:7714
Schools
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High School District:Centralia
The Community
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Subdivision Name:Centralia
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Senior Community:false
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Association:false
Parking
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Parking Total:8
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Parking Uncovered Spaces:4
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Open Parking:true
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Open Parking Spaces:4
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Carport:false
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Covered Spaces:4
Listing courtesy of NWMLS / TRELORA Realty, Inc.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/21/25
Mar 21, 2025
|
Listed / Active | NWMLS | $640,000 | 24.3% (6.8% / YR) |
|
8/31/21
Aug 31, 2021
|
NWMLS | $515,000 | -2.8% | |
|
7/6/21
Jul 6, 2021
|
NWMLS | $529,900 |
