Listed by Blade Realty LLC
$389,000

507 S Rock St Centralia, WA 98531

Estimated payment $2,302/month

Total Views 2,027
3 Beds
3 Baths
1,616 Sq Ft
$241 Price per Sq Ft

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Vinyl Plank Flooring
  • No HOA
  • Patio
  • Property is Fully Fenced

About This Home

Fantastic investment opportunity in the heart of Centralia! Just two blocks from Centralia College and walking distance to shopping and downtown amenities, this well-maintained duplex offers strong rental appeal. The front unit features 2 bedrooms, 1.5 baths, garage, laundry, storage, and a covered deck. Retro character with a built-in dining nook and original hardwoods (under newer LVP) add charm and value. The updated back unit is a desirable 1 bedroom, 1 bath with living room and storage. Tenants share the fenced backyard. A ductless heat pump, Viking chef’s stove with range hood, and quality upgrades throughout, including newer electrical, cedar siding, and new roof are all features making this investment a winner!

Listing Agent

Heather Stewart

Blade Realty LLC License #134965 Listed on: 10/02/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2440712

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,979

Year Built

  • Built in 1915

Lot Details

  • 6,970 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Propane

Community Details

  • No Home Owners Association
  • Centralia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000441000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,979

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1915
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 1616
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Pillar/Post/Pier
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Sewer: Sewer Connected
  • Security: Fully Fenced
  • Cooling: Ductless, Forced Air
  • Cooling Y N: Yes
  • Heating: Ductless, Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Centralia

Lot Info

  • Parcel Number: 000441000000
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Outbuildings,Patio,Propane
  • MLSLotSizeSource: Assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.5
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2979

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 1800
  • EnergySource: Electric
  • UnitsBelowGrade: false

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

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 $2,158 $328,700 $70,000 $258,700
2024 $2,158 $328,700 $70,000 $258,700
2023 $2,274 $276,300 $70,000 $206,300
2022 $2,281 $230,200 $45,300 $184,900
2021 $1,769 $230,200 $45,300 $184,900
2020 $1,882 $198,900 $43,600 $155,300
2019 $1,675 $167,000 $38,100 $128,900
2018 $1,753 $142,700 $32,300 $110,400
2017 $1,397 $131,300 $32,300 $99,000
2016 $1,353 $138,200 $34,000 $104,200
2015 $1,252 $131,900 $36,400 $95,500
2013 $1,252 $131,900 $36,400 $95,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 For Sale $389,000 -- $241 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $187,500 Lewis County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,531 VA
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2440712

Northwest Multiple Listing Service (NWMLS)

APN: 000441-000-000