713 N Tower Avenue Unit #A/B, Centralia, WA 98531

$350,000
640
SqFt

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Listing courtesy of John L. Scott CNT.

List Price
$350,000
Status
ACTIVE
MLS#
2491682
Days on Market
124
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
640
Area Total SqFt
640
Annual Tax Ammount
1386.59
Lot Size (sq ft)
5,663
Sewer
Sewer Connected

Property Description

Investment Opportunity – Charming Duplex Near DowntownDon’t miss this fantastic investment opportunity! This property features two adorable studio-style duplex units, each approximately 350 sq. ft. Despite their compact size, both units offer a spacious kitchen, large bathroom, and a comfortable living area—perfectly designed for efficient, cozy living.Enjoy relaxing on the front porch, surrounded by a fully fenced yard that includes an amazing greenhouse, multiple raised garden beds, and a large outbuilding—ideal for storage, a workshop, or even a chicken coop.With a strong rental history, these well-maintained units could make excellent long-term rentals or a great Airbnb opportunity. Recent updates include a new roof and gutters, adding peace of mind for years to come.Located on a large lot within walking distance to downtown shopping, restaurants, schools, and conveniently on the bus line—this property combines comfort, convenience, and versatility at an affordable price.

Additional Information

List Date
2026-03-25 00:13:10
Community
Centralia
Net Operating Income
$16,189
Gross Adjusted Income
$16,189
Gross Scheduled Income
$20,400
Total Monthly Income
$1,700
Insurance Expenses
$1,100
Water/Sewer/Garbage Expenses
$1,724
Gross Rent Multiplier
17.16
Total Expenses
$4,211
Cap Rate
5.12
Total Number of Units
2
Unit Name
713
Potential Terms
Cash, Conventional, VA Loan
Year Built
1925
Roof
Metal
Site Features
Fenced-Fully, Green House, Outbuildings
Energy Source
Electric
School District
Centralia
Elementary School
Buyer To Verify
Middle School
Centralia Mid
High School
Centralia High
Total Monthly Income
$1,700
Gross Scheduled Income
$20,400
Gross Adjusted Income
$16,189
Tax Year
2026
Insurance Expense
$1,100
W/S/G Expenses
$1,724
Total Expenses
$4,211
Net Operating Income
$16,189
Gross Rent Multiplier
17.16
Cap Rate
5.12
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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