$1,999,000

Estimated payment $12,007/month

Total Views 651
16 Beds
16 Baths
8,744 Sq Ft
$229 Price per Sq Ft

Highlights

  • Home fronts a creek
  • Storage
  • 3 Car Garage
  • Territorial View
  • Landscaped with Trees
  • Level Lot

About This Home

Well maintained 8 Plex. 4 townhouse duplex units each on its own tax parcel. Units are approx 1093 square feet with 2 bedrooms, 1.5 baths, Vaulted ceilings, walk in closets and washer/dryer hookups. Each unit has a carport and 2 storage rooms. Private courtyards. Recent updates include Painting, New Roofs, Updated windows and flooring. 32x40 garage/shop with 200 amp service and a loft with 1/2 bath also on the property currently used for income and partially owner occupied. Four tax parcels are included in the sale. Most of the units are private and secluded set back off the road in a quiet wooded setting. Rents will be increased for 7 of the 8 units in July reflecting cap rate of over 5%.

Listing Agent

Dean Gehrman

John L. Scott Real Estate Brokerage Email: peggyd@johnlscott.com License #80562 Listed on: 05/08/2026

John L. Scott Real Estate

Co-Listing Agent

Diane Lokan

John L. Scott Real Estate Brokerage Email: peggyd@johnlscott.com License #96432

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,009

Year Built

  • Built in 1978

Lot Details

  • 13,503 Sq Ft Lot
  • Home fronts a creek
  • Level Lot
  • Landscaped with Trees

Parking

  • 3 Car Garage
  • Carport

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,744 Sq Ft Home
  • 2-Story Property
  • Storage
  • Territorial Views

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Schools

  • Lexington Elementary School
  • Huntington Middle School
  • Kelso High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6121101

Community Details

Overview

  • 8 Units
  • Columbia Heights Subdivision

Building Details

  • Operating Expense $53,554
  • Gross Income $145,800
  • Net Operating Income $92,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,009

Year Built

Built in 1978

Lot Details

0.31 Acres

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1978
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 1999000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: IndividualStorageUnits
  • Total Bedrooms: 16
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: GentleSloping, Level, Trees
  • Road Surface Type: Paved
  • Waterfront Features: Creek
  • Disclosures: Disclosure
  • Roof: Composition, Other
  • View: Territorial

Garage/Parking

  • Parking Description: Carport, Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Lexington
  • High School: Kelso
  • Middle Or Junior School: Huntington

Lot Info

  • Zoning: URO
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503.0
  • Parcel #: 6121101

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 14009.04

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 13.71
  • Annual Gross Income: 145800.0
  • Property Net Operating Income: 92246.0
  • Annual Operating Expense: 53554.0

Map

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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 $3,520 $340,970 $44,690 $296,280
2024 $3,520 $341,900 $44,690 $297,210
2023 $3,689 $322,730 $44,690 $278,040
2022 $2,947 $361,020 $44,690 $316,330
2021 $2,862 $264,680 $43,820 $220,860
2020 $2,048 $237,710 $38,100 $199,610
2019 $1,838 $169,860 $32,000 $137,860
2018 $2,013 $145,000 $32,000 $113,000
2017 $2,013 $145,000 $32,000 $113,000
2016 $1,978 $145,000 $32,000 $113,000
2015 $2,067 $145,000 $32,000 $113,000
2013 -- $127,990 $32,000 $95,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2026 05/08/26 For Sale $1,999,000 -- $229 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 507741229

Regional Multiple Listing Service (RMLS)
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