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About the Listing 4WNW05 - THELIDOA
Fantastic investment opportunity! This well-maintained 4-plex is a strong, turnkey addition to any rental portfolio, offering solid income and a current cap rate of approximately 7.5% with excellent cash flow. The property has a history of stable, long-term tenants and shows pride of ownership throughout. Three units feature 2 bedrooms and 1 bath, each with a dedicated storage unit and covered parking space. The fourth unit has been thoughtfully converted to a 3-bedroom, expanding rental potential and versatility. Residents enjoy a large shared balcony, and the on-site laundry room has been updated with a new electrical panel and its own hot water tank. The coin-operated laundry provides reliable additional income. Opportunities like this don’t come along often—secure this high-performing asset for your portfolio today.
Listing Highlights
Status
Active
Days on Site
159
Property Type
Multi-Family
MLS ®
274357666
Year Built
1966
Total Square Footage
3,326
Lot/Acreage
0.12
County
Cowlitz
Neighborhood
Old Kelso Hill
Elementary School
Barnes
Middle School
Huntington
High School
Kelso
Interior Details
- Bedrooms: 23
- Bathrooms: 10 Full
- Appliances:
- Air Cond:
- Heating: WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Commons,Level,Public Road
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 50x100
- Zoning: R2
- Roof: Flat,Tar/Gravel
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Carport,Covered
Financial Details
- Tax Amount: $5,471
- Taxes w/Assessments: N/A
- Tax/Property ID: 20223
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
504 N 7th Ave Kelso, WA 98626
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