Active · Residential Income

504 N 7th Avenue , Kelso, WA 98626

Kelso, WA 98626

$700,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Windermere Northwest Living · MLS #2477548 · Active

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About this property

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.

Property details

Property type: Multi Family
Year built: 1966
Lot size: 5,000 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $5,807 (2025)
Parking spaces: 4
School district: Kelso

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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