Listed by Blade Realty LLC, Bought with Real Broker LLC
$330,000
SOLD AUG 19, 2025

317 1/2 N Iron St Centralia, WA 98531

-- Bed
-- Bath
1,080 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$306 Per Sq Ft

12% Below List Price

Highlights

  • Deck
  • High Speed Internet
  • Carpet
  • No HOA
  • Wood Siding
  • 4-minute walk to Central Park

About This Home

As of August 2025

Charming Duplex -Perfect Investment or Owner-Occupied Opportunity! This updated duplex offers a fantastic combination of modern comforts and prime location, just minutes from the college, amenities, and the historic downtown area. With new roof, new flooring, new paint, new plumbing, and new wall heaters, this property is move-in ready with all the heavy lifting already done. Each unit features brand new washer/dryer sets for added convenience, along with some tasteful cosmetic upgrades that enhance the property's appeal. Whether you’re looking for an investment property with strong rental potential or a comfortable home with the option to live in one unit and rent the other, this duplex is the perfect fit.

Last Agent to Sell the Property

Heather Stewart

Blade Realty LLC License #134965 Listed on: 12/12/2024

Last Buyer's Agent

Chels Nagel

Real Broker LLC License #21018167

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2316265

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,278

Year Built

  • Built in 1945

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 50x40
  • Property is in good condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Edison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001177002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,278

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1945
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1080
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: City of Centralia
  • SewerCompany: City of Centralia
  • WaterCompany: City of Centralia
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Centralia

Lot Info

  • Parcel Number: 001177002000
  • Lot Size Acres: 0.05
  • Lot Size: 50x40
  • Lot Size Sq Ft: 2178
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet
  • MLSLotSizeSource: Assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.88
  • LeasedItems: None
  • TotalMonthlyIncome: 2100

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1278.3

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Aug 7, 2025
Sold by
Bowers Derek D and Bowers Susan
Bought by
Barrett Jarid
Seller's Agent
Heather Stewart
Blade Realty LLC
Buyer's Agent
Chels Nagel
Real Broker LLC
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%
Views
112
Current Estimated Value
$342,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,000
Avg. Annual Appreciation
15.36%
Original Mortgage
$280,500
Outstanding Balance
$280,255
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$61,745

Purchase Details

Listed on
Mar 13, 2019
Closed on
Oct 11, 2019
Sold by
Blackwell Justin and Young Trisha
Bought by
Bowers Derek D
Seller's Agent
Kennon Maurer
Real Broker LLC
Buyer's Agent
Tania Garrison
Blade Realty LLC
List Price
$150,000
Sold Price
$109,000
Premium/Discount to List
-$41,000
-27.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.85%
Original Mortgage
$136,555
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2008
Sold by
Wilcox Troy H and Wilcox Angela M
Bought by
Young Trisha and Blackwell Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.17%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $330,000 Lewis County Title
Warranty Deed $109,000 Title Guaranty
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,500 New Conventional
Previous Owner $136,555 FHA
Previous Owner $100,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2025 08/19/25 Sold $330,000 -4.3% $306 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
05/20/2025 05/20/25 Price Changed $345,000 -6.5% $319 / Sq Ft
02/12/2025 02/12/25 Price Changed $369,000 -1.6% $342 / Sq Ft
12/12/2024 12/12/24 For Sale $375,000 +244.0% $347 / Sq Ft
10/15/2019 10/15/19 Sold $109,000 -19.3% $101 / Sq Ft View Prior Sale
07/31/2019 07/31/19 Pending -- -- --
06/19/2019 06/19/19 Price Changed $135,000 -10.0% $125 / Sq Ft
03/29/2019 03/29/19 Price Changed $150,000 0.0% $139 / Sq Ft
03/29/2019 03/29/19 For Sale $150,000 -9.1% $139 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/13/2019 03/13/19 For Sale $165,000 -- $153 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

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 $1,278 $194,200 $38,000 $156,200
2024 $1,278 $194,200 $38,000 $156,200
2023 $1,350 $163,600 $38,000 $125,600
2022 $930 $93,400 $10,700 $82,700
2021 $721 $93,400 $10,700 $82,700
2020 $807 $80,500 $10,300 $70,200
2019 $727 $71,200 $9,000 $62,200
2018 $749 $61,500 $7,600 $53,900
2017 $597 $56,100 $7,600 $48,500
2016 $733 $59,100 $8,000 $51,100
2015 $672 $71,400 $7,500 $63,900
2013 $672 $71,400 $7,500 $63,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2316265

Northwest Multiple Listing Service (NWMLS)

APN: 001177-002-000