Listed by Realogics Sotheby's Int'l Rlty
$399,950
PENDING $25K PRICE DROP

228 G St SE Unit 222 Quincy, WA 98848

Estimated payment $2,258/month

Total Views 12,615
4 Beds
4 Baths
2,256 Sq Ft
$177 Price per Sq Ft

Highlights

  • RV Access or Parking
  • No HOA
  • Vinyl Flooring
  • Corner Lot
  • High Speed Internet
  • 1-Story Property

About This Home

Price reduced! 8% Cap Rate! Quincy's rise as the "Center of the Cloud" ensures economic stability and abundant sunshine, making it an ideal investment hub. The Columbia Apartments epitomize a landlord's dream with low maintenance and constant occupancy. Featuring vinyl windows, updated plumbing, newer water tanks, modern flooring, and a sturdy metal roof, alongside ample parking. The complex includes a central utility room, prepped with newer washer and dryer. Strategically located near markets, restaurants, and cafes on F Street SE & Central Ave S, this turnkey 4-plex investment offers fully-rented units with potential for rent increases or conversion to STR. Recent updates include paint, flooring, shared laundry room and more!

Listing Agent

Chris Bierrum

Realogics Sotheby's Int'l Rlty License #96359 Listed on: 05/05/2025

Realogics Sotheby's Int'l Rlty

Co-Listing Agent

Tracy Vaughn

Realogics Sotheby's Int'l Rlty License #100507

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2370958

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,748

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,256 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • High Speed Internet

Community Details

  • No Home Owners Association
  • Quincy Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040728000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,748

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1950
  • MLS Status: Pending - Backup Offer Requested
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 2256
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: See Remarks,Storage

Exterior Features

  • Roof: Metal
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • PowerCompany: Grant County PUD
  • SewerCompany: City of Quincy
  • WaterCompany: City of Quincy
  • WaterSewerGarbage: 3960

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Quincy

Lot Info

  • Parcel Number: 040728000
  • Lot Size Acres: 0.2842
  • Lot Size Sq Ft: 12381
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3100

Multi Family

  • Gross Scheduled Income: 37200
  • Net Operating Income: 29391
  • Number Of Units Total: 4
  • Electric Expense: 600
  • Insurance Expense: 1501
  • Leasable Area: 2000
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1748

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
06/27/2025 06/27/25 Pending -- -- --
05/31/2025 05/31/25 Price Changed $399,950 -5.9% $177 / Sq Ft
05/05/2025 05/05/25 For Sale $425,000 -- $188 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

About the Listing Agent

Chris Bierrum

Realogics Sotheby's Int'l Rlty

(509) 213-0166

Section Image

Chris Bierrum strives for excellence in everything he does. As a real estate leader in the Greater Seattle Area, Chris’s expertise and tenacious attitude make him a competitive choice. His clients enjoy seamless transactions backed by a calm demeanor and take refuge in knowing Chris will always be there. His alignment with Realogics Sotheby’s International Realty allows Chris to open doors around the world as a local expert with global reach.
Growing up Chris’s father was an architect and

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2370958

Northwest Multiple Listing Service (NWMLS)