1100 S Pearl St Centralia, WA 98531
Estimated payment $28,317/month
Highlights
- Corner Lot
- Laundry Facilities
- 1-Story Property
- Baseboard Heating
- Wood Siding
About This Home
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 design minimizes maintenance and maximizes efficiency-making this a smart choice for investors seeking stability and scale. All units currently rented.
Listing Agent
Coldwell Banker Bain Brokerage Phone: 360-574-5060 License #81069 Listed on: 07/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,938
Year Built
- Built in 1970 | Remodeled
Lot Details
- 1.24 Acre Lot
- Corner Lot
- Level Lot
Home Design
- Composition Roof
- Wood Siding
- Lap Siding
Interior Spaces
- 21,216 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 56 Parking Spaces
- On-Street Parking
- Off-Street Parking
Schools
- Centralia Middle School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 001934014000
Community Details
Overview
- 36 Units
- Rose Galvins Subdivision
Amenities
- Laundry Facilities
Building Details
- Operating Expense $150,370
- Gross Income $386,695
- Net Operating Income $236,325
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/16/2025 11/16/25 | For Sale | $5,000,000 | 0.0% | $236 / Sq Ft |
| 11/09/2025 11/09/25 | Pending | -- | -- | -- |
| 07/29/2025 07/29/25 | For Sale | $5,000,000 | -- | $236 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 440304472
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