504 N 7th Ave, Kelso, WA 98626
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
504 N 7th Ave,Kelso, WA 98626
$700,000
- - Beds
- - Baths
- 3,326 sq. ft.
- Multi-family
- Active
Listed by: david thelin
Office: windermere northwest living360-993-2222
MLS#:274357666
Source:PORTLAND
Price summary
- Price:$700,000
- Price per sq. ft.:$210.46
About this home
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.
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Home facts
- Year built:1966
- Listing ID #:274357666
- Added:159 day(s) ago
- Updated:July 22, 2026 at 01:21 AM
Rooms and interior
- Basement Description:Crawl Space
- Living area:3,326 sq. ft.
Structure and exterior
- Roof:Flat, Tar Gravel
- Year built:1966
- Building area:3,326 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Commons, Level, Public Road
- Foundation Description:Concrete Perimeter
- Levels:2 Stories
Schools
- High school:Kelso
- Middle school:Huntington
- Elementary school:Barnes
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$210.46
- Tax amount:$5,471 (2024)
Parking
- Total parking spaces:4
- Parking description:Carport, Covered
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