101 Spencer Creek Road, Kalama, WA 98625

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
#1#2#3
Listed by:chris roewe
Office:woodford commercial re
MLS#:2418490
Source:NWMLS
101 Spencer Creek Road,Kalama, WA 98625
$699,900
  • - Beds
  • - Baths
  • 4,500 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$699,900
  • Price per sq. ft.:$155.53

About this home

This fourplex, located in the beautiful hills of Kalama, is approx. 4,500 SF & sits on a large corner lot with approx. 23,522 SF. Features four 3 Bed/1 Bath units, patios on bottom units, decks for the upper units, & a four-car carport. Shared laundry room & hook-up in one of the units for added convenience. With stable, long-term tenants already in place, this property generates consistent income & presents strong upside potential through continued value-add improvements & rent adjustments to match current market rates. Currently offered at a 7% CAP Rate & served by Kalama water & septic, solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance.

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Home facts

  • Year built:1966
  • Listing Id #:2418490
  • Updated:August 11, 2025 at 10:55 PM

Rooms and interior

  • Living area:4,500 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1966
  • Building area:4,500 sq. ft.
  • Lot area:0.54 Acres

Schools

  • High school:Kalama Jnr Snr High
  • Middle school:Kalama Jnr Snr High
  • Elementary school:Kalama Elem

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$699,900
  • Price per sq. ft.:$155.53
  • Tax amount:$4,485 (2025)
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