509 W Cherry Street Unit #507, Centralia, WA 98531
- $414,950
- 1,800
- SqFt
Listing courtesy of Windermere Prof Partners.
- List Price
- $414,950
- Status
- ACTIVE
- MLS#
- 2534628
- Price Change
- ▼ $15,000 1784351156
- Days on Market
- 51
- Style
- 52 - Duplex
- Finished SqFt
- 1,800
- Area Total SqFt
- 1800
- Annual Tax Ammount
- 2915
- Lot Size (sq ft)
- 4,792
- Sewer
- Sewer Connected
Property Description
Great Investment Opportunity! This duplex in Centralia offers strong income potential and flexibility for investors or owner-occupants. Each unit features comfortable living spaces, functional kitchens, and spacious bedrooms. Kitchen updates provide added appeal, while the generous lot offers fenced yard space and off-street parking. Conveniently located near shopping, dining, schools, and everyday amenities with easy access to major commuter routes. Whether you're looking to expand your portfolio, or live in one unit while renting the other, this property presents a valuable opportunity in a growing market. Don't miss the chance to invest in Centralia real estate. | Updated Kitchens | Newer Roof | Updated Flooring |Quartz Countertops | 1800 SQFT | 4 Beds | 2 Baths |
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Additional Information
- List Date
- 2026-06-06 00:13:12
- Community
- Centralia
- Net Operating Income
- $42,350
- Gross Adjusted Income
- $43,200
- Gross Scheduled Income
- $43,200
- Total Monthly Income
- $3,600
- Insurance Expenses
- $850
- Gross Rent Multiplier
- 10.18
- Total Expenses
- $3,765
- Cap Rate
- 8.4
- Total Number of Units
- 2
- Unit Name
- 509
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1954
- View
- City
- Roof
- Composition
- Site Features
- Fenced-Partially, Patio
- Energy Source
- Electric
- School District
- Centralia
- Elementary School
- Jefferson Lincoln El
- Middle School
- Centralia Mid
- High School
- Centralia High
- Total Monthly Income
- $3,600
- Gross Scheduled Income
- $43,200
- Gross Adjusted Income
- $43,200
- Tax Year
- 2025
- Insurance Expense
- $850
- Total Expenses
- $3,765
- Net Operating Income
- $42,350
- Gross Rent Multiplier
- 10.18
- Cap Rate
- 8.4
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.