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Centralia, WA Multifamily Homes & Duplexes for Sale

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  • /40

    $685,000

    • 3 Beds
    • 4 Baths
    • 3,507 Sq Ft

    223 S Tower Ave Unit A,B,C, Centralia, WA 98531

    Located in the heart of town, this iconic property offers a rare chance to own a piece of history w/ multiple revenue streams, flexible zoning, & no preservation restrictions -GREAT for investors, business owners, & creative souls seeking a unique home/business space w/ long-term potential. If you want to live here, great! Residential property as well!! Designed w/ style & functionality,

    Matthew Williamson Redfin

    223 S Tower Ave Unit A,B,C, Centralia, WA 98531
  • /25

    $5,000,000

    • 6 Beds
    • 6 Baths
    • 21,216 Sq Ft

    1100 S Pearl St, Centralia, WA 98531

    Turnkey Multi-family property. All one level strong rental income. An incredibly rare offering - this 36 unit apartment complex features a single-level design spread over a spacious lot, ideal for low-maintenance management and broad tenant appeal. All one bedroom units, on-site laundry, tenant parking, well-maintained grounds. This is a solid income-producing property. The single-level

    Hartwell Saunders Coldwell Banker Bain

    1100 S Pearl St, Centralia, WA 98531
  • /11

    $1,090,000

    • 11 Beds
    • 6 Baths
    • 6,636 Sq Ft

    125 Sawall Ave W, Centralia, WA 98531

    GREAT INVESTMENT OPPORTUNITY! This is a turn-key five-place which includes 2-duplexes and 1-home located on a quiet dead-end street. All units have lovely private patios and garage parking. The home is separately metered and includes an RV parking space with electricity, water and sewer hookup! Don't wait long as these opportunities like this don't show up often. Currently offered at a projected

    Todd Wade Woodford Commercial RE

    125 Sawall Ave W, Centralia, WA 98531
  • /40

    $892,500

    • 4 Beds
    • 4 Baths
    • 2,124 Sq Ft

    2623 Sandra Ave, Centralia, WA 98531

    Turnkey income-producing duplex located on a quiet road in Centralia, WA. Each well-maintained, single-story unit features 2 bedrooms, 2 bathrooms, updated windows, and includes all appliances. Independent septic systems and a partially fenced backyard add convenience and privacy. Sitting on just under an acre with attractive landscaping, the property also boasts a spacious 30' x 48' shop with a

    Kaitlin McFarland American Forest Management Inc

    2623 Sandra Ave, Centralia, WA 98531
  • /18

    $3,050,000

    • 23,641 Sq Ft

    522 N Iron St, Centralia, WA 98531

    HILLVIEW TERRACE APTS. is a lucrative investment opportunity with a current cap rate of 6.53%. Featuring a mix of studios, 1-bed, and 2-bed units, this value-add property offers ample parking and full sprinkler coverage. Situated in a desirable location and walking distance to many shops, restaurants, and more, HILLVIEW TERRACE boasts the potential for increased revenue with just simple

    Brian Richardson Kidder Mathews

    522 N Iron St, Centralia, WA 98531
  • /28

    $549,990

    • 4 Beds
    • 5 Baths
    • 2,214 Sq Ft

    230 S Diamond St, Centralia, WA 98531

    Incredible Investment Opportunity – Beautiful Quadplex in Prime Location! Don’t miss your chance to own this well-maintained quadplex situated in a desirable neighborhood. Each of the four units features 1 bedroom and 1 bathroom, with three units recently receiving tasteful cosmetic upgrades. All units are equipped with a refrigerator, stove/range, and dishwasher. This property offers immediate

    Indy Basra Every Door Real Estate

    230 S Diamond St, Centralia, WA 98531
  • /24

    $1,175,000

    • 8 Beds
    • 8 Baths
    • 4,176 Sq Ft

    20107 Blair Ln SW, Centralia, WA 98531

    Turnkey Investment – Fully occupied and professionally managed, ensuring immediate cash flow with reliable tenants in place. Strong Rental Income – Each 2-bed, 2-bath unit rents for an average of $1,750, with additional revenue from utility reimbursements and fees. Newer Construction (2020) – Modern, energy-efficient design with durable materials, reducing maintenance costs and enhancing

    Zach Strong Prime Locations Inc.

    20107 Blair Ln SW, Centralia, WA 98531
  • /15

    $990,000

    • 9 Beds
    • 4 Baths
    • 4,538 Sq Ft

    1125 Eckerson Rd, Centralia, WA 98531

    Great investment potential, three homes on a little over an acre. This property is also considered commercial for a possible in home business or hotel. Right next to the King Oscar Motel. Excellent location, close to the factory outlets, restaurants, grocery stores, and freeway. Also possible owner financing.

    Tom Dipola Frank Dipola Realty

    1125 Eckerson Rd, Centralia, WA 98531

Why Live in Centralia

Centralia, Washington, known as "Hub City," is centrally located approximately 80 miles from Seattle, Portland, the coast, and the Cascades. With nearly 19,000 residents, the population is expected to grow by 31% in the next 20 years, prompting plans to enhance safety, community identity, and economic opportunities. The Historic Downtown Centralia District, dating back to 1885, features vibrant shops, restaurants, and galleries along S Tower Avenue, and is listed on the National Register of Historic Places. The Centralia Farmers Market operates from May to September, and the Centralia Factory Outlets offer name-brand shopping. Annual events include the Seattle to Portland Bicycle Classic, Antique Fest, Hub City Car Show, Ghost Tour, Dark Market, Lighted Tractor Parade, and Tree Lighting Ceremony. Entertainment venues like the Evergreen Playhouse, Fox Theatre, and Centralia College’s theater host various performances. Fort Borst Park offers athletic fields, a historic home, and a lake for fishing derbies, while Seminary Hill Natural Area provides scenic walking trails. Housing styles range from ranch-style and Craftsman homes to duplexes, with properties spanning from turn-of-the-century buildings to modern constructions. Centralia College, the oldest community college in Washington, offers 57 areas of study. The city is accessible via I-5 and State Route 6, with public bus services provided by Twin Transit. Centralia is 54 miles from Tacoma, and 80 miles from both Seattle and Portland. Centralia faces moderate risks for floods, wildfires, intense heat, and major air quality concerns.

Home Trends in Centralia, WA

Housing Trends

Median Sale Price
$495,000
Median Single Family Sale Price
$486,750
Average Price Per Sq Ft
$225
Number of Homes for Sale
2
Last 12 months Home Sales
3
Months of Supply
8.00
Median List Price
$486,750
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
18%
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