3017 Galvin Road Unit #A, Centralia, WA 98531
- $525,000
- 3,286
- SqFt
Listing courtesy of Olympic Sotheby's Int'l Realty. Selling Office: eXp Realty.
- Sold Price
- $525,000
- List Price
- $525,000
- Status
- SOLD
- MLS#
- 2503163
- Closing Date
- Jun 18, 2026
- Days on Market
- 20
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 3,286
- Area Total SqFt
- 3286
- Annual Tax Ammount
- 6152
- Lot Size (sq ft)
- 19,166
- Sewer
- Sewer Connected
Property Description
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
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Additional Information
- List Date
- 2026-05-29 00:00:00
- Community
- Fords Prairie
- Net Operating Income
- $29,668
- Gross Adjusted Income
- $51,000
- Gross Scheduled Income
- $51,000
- Total Monthly Income
- $4,250
- Insurance Expenses
- $2,700
- Water/Sewer/Garbage Expenses
- $3,600
- Gross Rent Multiplier
- 10
- Total Expenses
- $21,332
- Cap Rate
- 6
- Total Number of Units
- 3
- Unit Name
- 3017
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1967
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, Gas Available, High Speed Internet, Patio, RV Parking
- Electric Expenses
- 4800
- Other Expenses
- 4080
- Energy Source
- Electric
- School District
- Centralia
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,250
- Gross Scheduled Income
- $51,000
- Gross Adjusted Income
- $51,000
- Tax Year
- 2026
- Insurance Expense
- $2,700
- W/S/G Expenses
- $3,600
- Total Expenses
- $21,332
- Net Operating Income
- $29,668
- Gross Rent Multiplier
- 10
- Cap Rate
- 6
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.