Listed by Woodford Commercial RE
$435,000

107 Carrolls Ave Carrolls, WA 98609

Estimated payment $2,576/month

Total Views 791
9 Beds
6 Baths
2,760 Sq Ft
$158 Price per Sq Ft

Highlights

  • Deck
  • Partially Fenced Property
  • Carpet
  • No HOA
  • Wood Siding

About This Home

Discover a unique investment opportunity with this rural 4-plex located in the heart of Carrolls. This well-maintained property offers a diverse unit mix, including two 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one spacious 2-bedroom/1.75-bath unit, all thoughtfully arranged across two levels. With long-term tenants in place, the property already provides stable income, and there’s significant upside potential through value-add improvements and adjusting rents to current market rates. Currently offered at a 7.3% cap rate, the property is served by Carrolls water and septic systems. Whether you're looking to expand your portfolio or secure a steady income-producing asset, this 4-plex is a compelling opportunity.

Last Listed By

Chris Roewe

Woodford Commercial RE License #23495 Listed on: 05/23/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2381073

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,218

Year Built

  • Built in 1926

Lot Details

  • 5,663 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Schools

  • Carrolls Elementary School

Additional Features

  • Deck
  • Septic Tank

Community Details

  • No Home Owners Association
  • Carrolls Subdivision

Listing and Financial Details

  • Assessor Parcel Number 60081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,218

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1926
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 2760
  • EffectiveYearBuiltSource: See Remarks
  • SOCComments: Must be present to receive compensation
  • Special Features: None
  • Cumulative Days on Market: 9

Interior Features

  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • PowerCompany: Cowlitz PUD
  • SewerCompany: City of Kelso
  • WaterCompany: City of Kelso
  • WaterSewerGarbage: 2000

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Kelso
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 60081
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: county
  • MLSSquareFootageSource: county
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 9.8
  • LeasedItems: None
  • TotalMonthlyIncome: 3785

Multi Family

  • Gross Scheduled Income: 45420
  • Net Operating Income: 31859
  • Number Of Units Total: 4
  • Insurance Expense: 3780
  • Leasable Area: 2760
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3218

MLS Schools

  • Elementary School: Carrolls Elem

Map

Range of Values:

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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
05/23/2025 05/23/25 For Sale $435,000 +56.5% $158 / Sq Ft
08/24/2020 08/24/20 Sold $278,000 +11.2% $101 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $250,000 -- $91 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2381073

Northwest Multiple Listing Service (NWMLS)

Washington Cowlitz County Carrolls

107 Carrolls Ave, Carrolls, WA

This home is located at 107 Carrolls Ave, Carrolls, WA 98609 and is currently priced at $435,000, approximately $157 per square foot. This property was built in 1926. 107 Carrolls Ave is a home located in Cowlitz County with nearby schools including Carrolls Elementary School, Coweeman Middle School, and Kelso High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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Chris Roewe
Listing Agent
Chris Roewe
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Woodford Commercial RE
(360) 585-0076