$575,000

1002 Cedar St Kalama, WA 98625

Estimated payment $3,402/month

Total Views 179
4 Beds
2 Baths
1,656 Sq Ft
$347 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Board and Batten Siding
  • Heat Pump System
  • Cooling Available
  • Level Lot
  • 1-Story Property

About This Home

Welcome to 1002 Cedar St, Kalama, WA – a beautifully remodeled duplex offering the perfect opportunity for investors or owner-occupants looking to live in one unit while generating rental income from the other. Each unit features 2 bedrooms and 1 bathroom with a bright, comfortable, and open floorplan that feels like home. Nearly everything has been updated for low-maintenance living: newer HVAC systems, cabinets, appliances, water heaters, showers, trim, paint, counters, landscaping, electrical – and much more! This truly is a turn-key property, ready for tenants or immediate occupancy. Situated on a spacious lot, you'll appreciate abundant parking options including a large driveway, off-street parking, and dedicated RV/boat parking on one side. Whether you're expanding your rental portfolio or looking for a home that pays you back, this duplex is a rare find in a great location. Don’t miss your chance to own a high-quality, low-hassle property in growing Kalama!

Last Listed By

Jake Barakat

Opt Real Estate Brokerage Phone: 503-330-4772 License #22022793 Listed on: 06/12/2025

Opt Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 4,791 Sq Ft Lot
  • Level Lot

Home Design

  • Metal Roof
  • Board and Batten Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 9 Parking Spaces
  • Driveway
  • RV Access or Parking

Schools

  • Kalama Elementary And Middle School
  • Kalama High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 40402

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $9,422
  • Gross Income $39,000
  • Net Operating Income $29,578

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,282

Year Built

Built in 1965 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1965
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 4
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: BoardBattenSiding,LapSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, Terraced
  • Road Surface Type: Paved
  • Roof: Metal

Garage/Parking

  • Parking Description: Driveway, RVAccessParking
  • Attached Garage: No
  • Total Parking Spaces: 9.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump, MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Kalama
  • High School: Kalama
  • Middle Or Junior School: Kalama

Lot Info

  • Zoning: MF
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 40402

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2281.79

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.74
  • Annual Gross Income: 39000.0
  • Property Net Operating Income: 29578.0
  • Annual Operating Expense: 9422.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $575,000 +90.4% $347 / Sq Ft
11/16/2021 11/16/21 Sold $302,000 -5.6% $182 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $320,000 0.0% $193 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $320,000 -- $193 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 783641388

Regional Multiple Listing Service (RMLS)

APN: 40402