1933 South Market Blvd, Chehalis, WA 98532
- $1,650,000
- 8,144
- SqFt
Listing courtesy of The Paragon Group. Selling Office: Van Dorm Realty, Inc.
- Sold Price
- $1,650,000
- List Price
- $1,799,000
- Status
- SOLD
- MLS#
- 2418909
- Closing Date
- Dec 11, 2025
- Days on Market
- 64
- Style
- 56 - 10+ Units
- Finished SqFt
- 8,144
- Area Total SqFt
- 8144
- Annual Tax Ammount
- 7776.06
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 33,976
- Sewer
- Sewer Connected
Property Description
Well-maintained 12-unit apartment complex with a stable rental history and strong tenant retention. Each unit offers 2 bedrooms, 1 bathroom, and generous living and dining spaces. Residents enjoy on-site laundry, ample parking, and a convenient location near I-5, shopping, and schools. Significant upside potential exists through rent increases to the current market rate of ~$1,295 and adjustments to the current utility chargebacks. BRAND NEW roof as of June 2025.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2025-10-08 00:00:00
- Community
- Chehalis
- Net Operating Income
- $119,887
- Gross Adjusted Income
- $168,055
- Gross Scheduled Income
- $168,055
- Total Monthly Income
- $14,783
- Insurance Expenses
- $7,077
- Water/Sewer/Garbage Expenses
- $14,651
- Gross Rent Multiplier
- 10.7
- Total Expenses
- $48,168
- Cap Rate
- 6.67
- Total Number of Units
- 12
- Unit Name
- 1933
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1968
- Roof
- Flat, Torch Down
- Electric Expenses
- 1660
- Other Expenses
- 17003
- Energy Source
- Electric
- School District
- Chehalis
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $14,783
- Gross Scheduled Income
- $168,055
- Gross Adjusted Income
- $168,055
- Tax Year
- 2025
- Insurance Expense
- $7,077
- W/S/G Expenses
- $14,651
- Total Expenses
- $48,168
- Net Operating Income
- $119,887
- Gross Rent Multiplier
- 10.7
- Cap Rate
- 6.67
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.