Multi Family Real Estate Centralia WA

Centralia WA Multi-Family Properties for Sale

Our website features the best real estate search for multi-family duplexes, triplex, 4-plex and apartment building investment properties available in Centralia WA and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Centralia Multi-Family Homes for Sale

$525,000
2563662 MLS ⋅ PENDING Status
Well Laid out 4-plex in desirable location. Property offers 3 units that are 2 bed 1 Bath and one unit 2 Bed 1.25 Bath. Each unit gets one Covered Parking spot, and a large parking lot in front of units gives tenants plenty of extra space for added vehicle. Units are well laid out with spacious rooms and large bathrooms. Tenants have been there several years giving this complex a stable and established income. Three of the units are ground level with one unit located above the covered parking.

604 S Rock Street, Centralia

Listing courtesy of Keller Williams Realty.

$414,900
2562786 MLS ⋅ ACTIVE Status
Whether you're looking to invest or owner-occupy, this charming duplex is full of opportunity! Situated on a spacious corner lot in a highly desirable neighborhood, this well-maintained property offers a strong rental history and an ideal layout. Each unit features 2 generously sized bedrooms, 1 full bath, and comfortable living spaces designed for everyday living. Recent updates include a newer roof and plumbing, providing added peace of mind. A detached garage, ample off-street parking, and close proximity to schools, shopping, restaurants, and everyday amenities make this a standout investment. Live in one unit and rent the other, or add this turnkey duplex to your investment portfolio!

517 Center Street, Centralia

Listing courtesy of BHGRE - Northwest Home Team.

$800,000
2554279 MLS ⋅ ACTIVE Status
Right in the very heart of Ford's Prairie !! Two 3 bedroom 2 bath units plus a craft room (or storage room) inside the fenced patio. No wonder the existing tenants have been there for years. This is a quiet residential neighborhood, but just minutes away from I-5, schools, the Port of Centralia, Borst Park, Safeway, restaurants etc. Everything your tenants need to stay put in these units. Pocket the 4.4% cap rate income and take advantage of real estate appreciation and income tax depreciation allowance. We don't want to unduly disturb the tenants, so viewing and inspections must be scheduled after mutual agreement on price and terms.

2916 Russell Road, Centralia

Listing courtesy of On Point Real Estate.

$465,000
2540329 MLS ⋅ ACTIVE Status
Great Investment Opportunity! Well maintained Duplex. Excellent opportunity to add a proven income producing property to your portfolio. This well maintained duplex has a strong long term rental history and is ideally located near schools, parks, sports facilities, shopping, and just minutes from I-5, providing convenient access for commuters. Each unit offers 2 bedrooms, 1 bathroom, approximately 946 square feet of living space, a private patio, and an attached single-car garage. Recent improvements include fully renovated in one unit, fresh interior paint, updated flooring, newer exterior paint, and additional updates throughout.With long term tenants already in place, this property provides stability and immediate rental income potential. Don't miss this opportunity to own a quality multifamily investment in a desirable location.Property Highlights:Well-kept duplex with excellent rental history. Two, 2 bedroom, 1 bath, units. Approximately 946 sq. ft. per unit. Newer roof, both units have updated windows, and new garage doors. Private patio for each unit, attached single car garage plus additional parking for guests. Make this one your newest investment.

2718 Mt. Vista Road Unit #A, Centralia

Listing courtesy of John L. Scott CNT.

$867,400
2540485 MLS ⋅ ACTIVE Status
Versatile property offering a well-maintained duplex and expansive shop on nearly one acre in Centralia. Each single-story unit features 2 bedrooms, 2 bathrooms, updated windows, all appliances, separate septic systems, and individual power meters. The impressive 30' x 48' shop with a 24' x 36' extension is separately metered and equipped with two 14-foot doors, two 12-foot doors, and one 8-foot door, providing flexibility for storage, workspace, equipment, vehicles, RVs, or other permitted uses. Attractive landscaping, a partially fenced yard, and independent utilities enhance the functionality of this unique property. Whether seeking multi-unit housing, additional space for business or hobby needs, or future rental opportunities, this property offers a variety of potential uses in a peaceful Centralia setting.

2623 Sandra Avenue, Centralia

Listing courtesy of Dove Realty, Inc..

$1,200,000
2531852 MLS ⋅ PENDING INSPECTION Status
Turnkey 2019 Quadplex with Bonus Storage Income! Rare investment opportunity to own a high-performing, modern 4-plex built in 2019. Designed for maximum tenant retention and low maintenance, this property features an incredible unit mix of spacious 4-bedroom and 3-bedroom floor plans, each equipped with 2.5 bathrooms. Tenants love the premium amenities, including fully fenced backyards for private outdoor living, and an attached 2-car garage plus additional on-site parking for guests or extra vehicles. In addition to strong residential rent, this property includes 2 storage units providing additional monthly income.

1877 Ahlers Avenue, Centralia

Listing courtesy of Real Estate Marketing Group.

$414,950
2534628 MLS ⋅ ACTIVE Status
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 |

509 W Cherry Street Unit #507, Centralia

Listing courtesy of Windermere Prof Partners.

$2,200,000
2522085 MLS ⋅ PENDING FEASIBILITY Status
Grand Mound MH & RV Park | 25-pad mobile home and RV park generating $233,775 NOI at a 10.63% cap rate, with a projected pre-tax cash flow of $103,161 at current rents. The mix includes 10 dry pads with electrical hookups, six park-owned homes, and one stick-built home. The property operates on well water with newly installed equipment and four septic tanks, with an onsite building featuring two bathrooms, laundry, and owner's office. Additional upside through rent increases and 10 large storage units.

21021 old highway 9 SW, Centralia

Listing courtesy of COMPASS.

$524,900
2509145 MLS ⋅ ACTIVE Status
Rare Centralia Investment Opportunity with Shops & Garages! Hard-to-find duplex in the heart of Centralia offering flexibility, income potential, and exceptional utility. Each unit features 960 sq ft of living space, with one side offering 2 bedrooms and 1 bath, and the other 2 bedrooms and 1.5 baths—ideal for owner-occupants or investors looking to maximize rental appeal. Current rental income is $2,345/month ($1,275 and $1,070) with rents currently below market, creating future upside potential for investors seeking increased cash flow over time. Both units include attached one-car garages, providing convenience and added value. What truly sets this property apart are the two large shops with additional covered parking—a rare bonus in this market. One shop measures 20x30 with an attached 2-car carport, while the second spans 22x32 with an attached 3-car carport—perfect for hobbyists, contractors, storage, or possible additional income opportunities. The shops, garages, and covered parking spaces offer flexibility that is difficult to find in comparable multifamily properties. Recent exterior paint completed in 2026 enhances curb appeal and reduces immediate maintenance costs. Whether you're looking to live in one unit and offset your mortgage, or add a strong income-producing property with future upside to your portfolio, this property delivers versatility and long-term potential.

1807 N Tower Avenue, Centralia

Listing courtesy of Premiere Property Group, LLC.

$525,000
2503163 MLS ⋅ SOLD Status
Great investment opportunity with strong upside potential! This well-maintained triplex sits on a spacious .44-acre lot in a desirable location, offering flexibility for both investors and owner-occupants. The property features three units including a 2 bed/1 bath with attached garage, a 2 bed/2 bath unit, and a newly constructed 1 bed/1 bath unit providing a versatile unit mix to maximize rental income. Currently rented below market value, this property presents immediate opportunity for increased cash flow. Owner currently pays water/sewer/garbage, electricity, and internet for Units A & C, offering additional upside through expense optimization. Situated on a large, level lot, there is plenty of room for tenant enjoyment, future improvements, or added value potential. Convenient location close to amenities, making it attractive to long-term tenants. Listed below tax assessed value, this is a rare chance to secure a multi-family property with built-in equity and strong income growth potential. Whether you're looking to expand your portfolio or step into multi-family investing, this property checks all the boxes

3017 Galvin Road Unit #A, Centralia

Listing courtesy of Olympic Sotheby's Int'l Realty. Selling Office: eXp Realty.

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