Listed by Mehome Seattle Realty, LLC
$699,000
PENDING - BACKUP OFFER REQUESTED

126 S Chehalis St Montesano, WA 98563

Estimated payment $4,309/month

Total Views 1,321
15 Beds
8 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Wood Siding
  • Carpet

About This Home

8 units on this huge lot property, almost 20,000 sf lot, 4 separate buildings, one 4-plex, one duplex, and two single family residences on this much sought after location. Great investment with nice cap rate! Don't miss this rare opportunity! Wonderful potential to harvest even more income with this versatile portfolio! Buyers are to verify all information to their satisfaction.

Listing Agent

Lilly Xiao

Mehome Seattle Realty, LLC License #26892 Listed on: 05/27/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2382079

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,994

Year Built

  • Built in 1950

Lot Details

  • 0.45 Acre Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Montesano Subdivision

Listing and Financial Details

  • Assessor Parcel Number 076100200201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,994

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1950
  • MLS Status: Pending Feasibility
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 83

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 15
  • Fireplace: No
  • Flooring: Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • WaterSewerGarbage: 17704

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Montesano

Lot Info

  • Parcel Number: 076100200201
  • Lot Size Acres: 0.45
  • Lot Size Sq Ft: 19602
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: matrix
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 7.8
  • LeasedItems: None
  • TotalMonthlyIncome: 7450

Multi Family

  • Gross Scheduled Income: 89400
  • Net Operating Income: 54936
  • Number Of Units Total: 8
  • Electric Expense: 2293
  • Insurance Expense: 5483
  • Leasable Area: 7245
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5994

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,170 $667,400 $96,546 $570,854
2023 $5,995 $547,258 $52,000 $495,258
2022 $4,239 $391,775 $40,000 $351,775
2021 $4,116 $391,775 $40,000 $351,775
2020 $3,988 $345,880 $40,000 $305,880
2019 $3,370 $323,223 $40,000 $283,223
2018 $3,495 $297,475 $40,000 $257,475
2017 $3,131 $242,146 $40,000 $202,146
2016 $2,973 $232,520 $40,000 $192,520
2014 -- $224,250 $40,000 $184,250
2013 -- $224,250 $40,000 $184,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $699,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $283,000 Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,000 Commercial
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2382079

Northwest Multiple Listing Service (NWMLS)

APN: 076100200201