Listed by Blade Realty LLC
$345,000
PENDING - BACKUP OFFER REQUESTED $30K PRICE DROP

317 1/2 N Iron St Centralia, WA 98531

Estimated payment $2,013/month

Total Views 12,279
-- Bed
-- Bath
1,080 Sq Ft
$319 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

Heather Stewart

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

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
  • 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: Pending
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 1080
  • Special Features: None
  • Cumulative Days on Market: 219

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 Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: City of Centralia
  • SewerCompany: City of Centralia
  • WaterCompany: City of Centralia
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 2640

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

Multi Family

  • Gross Scheduled Income: 25200
  • Net Operating Income: 19482
  • Number Of Units Total: 2
  • Insurance Expense: 1800
  • Leasable Area: 1080
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 1278.3

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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

Property History

Date Event Price Change Sq Ft Price
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
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)

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Open $181,700 New Conventional
Closed $5,352 FHA
Previous Owner $136,555 FHA
Previous Owner $100,750 Commercial
Previous Owner $100,000 Commercial
Previous Owner $20,430 Future Advance Clause Open End Mortgage
Source: Public Records

Similar Home in Centralia, WA

  • 902 N Pearl St, Centralia, WA 98531

    $422,500

    • 2 Beds
    • 4 Baths
    • 1,861 Sq Ft
    • 902 N Pearl St
    • Centralia, WA

    Rambler 4 plex comprised of 2 units that are 1 bed, 1 bath and 2 studio units with a detached 2 car garage. Each unit has a small patio area at the rear. Detached 2 car garage. Oak trees line the front. New roof and exterior painted in 2022. This is a solid rental for a first time or savvy real estate investor. Long term tenants in all of the units. Please do not disturb tenants- no real

    Lyndsay Walker Realty One Group Bold

    Section Image

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2316265

Northwest Multiple Listing Service (NWMLS)

APN: 001177-002-000