$195,000
SOLD JUN 21, 2018

111 W 3rd St Centralia, WA 98531

-- Bed
-- Bath
1,872 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

15% Below List Price

74 Days on Market

About This Home

As of August 2021

Please be respectful of tenants and don't view building without an appointment. Amazing 5 unit rental property! This property is very well maintained, and consistently rented with mostly long-term tenants. Close to the downtown core this building contains 5 one-bdrm units. Coin operated laundry machines generate additional income. More financial information available upon request. This is a great investment property.

Last Agent to Sell the Property

Ed Ingram

The Agency Northwest License #21025158 Listed on: 02/07/2018

The Agency Northwest

Last Buyer's Agent

Ed Ingram

The Agency Northwest License #21025158 Listed on: 02/07/2018

The Agency Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1243012

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 1935

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Community Details

  • Centralia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001648000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,824

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1935
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1872
  • Special Features: None
  • Cumulative Days on Market: 349

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 4067

Schools

  • Junior High Dist: Centralia

Lot Info

  • Parcel Number: 001648000000
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: PATS

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 2560

Multi Family

  • Gross Scheduled Income: 30720
  • Net Operating Income: 14079
  • Number Of Units Total: 5
  • Electric Expense: 5040
  • Insurance Expense: 1877
  • Leasable Area: 1872
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2016
  • Tax Annual Amount: 1824

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
04/30/2025 04/30/25 For Sale $640,000 0.0% --
04/23/2025 04/23/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $640,000 0.0% --
04/11/2025 04/11/25 Pending -- -- --
03/21/2025 03/21/25 For Sale $640,000 +24.3% --
08/31/2021 08/31/21 Sold $515,000 -2.8% $275 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $529,900 0.0% $283 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $529,900 +171.7% $283 / Sq Ft
06/21/2018 06/21/18 Sold $195,000 -15.2% $104 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $230,000 0.0% $123 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $230,000 -- $123 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1243012

Northwest Multiple Listing Service (NWMLS)