2916 Russell Road, Centralia, WA 98531
- $800,000
- 3,014
- SqFt
Listing courtesy of On Point Real Estate.
- List Price
- $800,000
- Status
- ACTIVE
- MLS#
- 2554279
- Days on Market
- 7
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 3,014
- Area Total SqFt
- 3014
- Annual Tax Ammount
- 5129
- Internet Provider
- ComCast
- Lot Size (sq ft)
- 12,197
- Sewer
- Sewer Connected
Property Description
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.
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Additional Information
- List Date
- 2026-07-21 15:58:17
- Community
- Fords Prairie
- Net Operating Income
- $35,468
- Gross Adjusted Income
- $43,620
- Gross Scheduled Income
- $43,620
- Total Monthly Income
- $3,635
- Insurance Expenses
- $3,023
- Gross Rent Multiplier
- 18.34
- Total Expenses
- $8,152
- Cap Rate
- 4.4
- Total Number of Units
- 2
- Unit Name
- 2916
- Potential Terms
- Cash, Conventional
- Year Built
- 2004
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, Patio
- Energy Source
- Electric
- School District
- Centralia
- Elementary School
- Buyer To Verify
- Middle School
- Centralia Mid
- High School
- Centralia High
- Total Monthly Income
- $3,635
- Gross Scheduled Income
- $43,620
- Gross Adjusted Income
- $43,620
- Tax Year
- 2026
- Insurance Expense
- $3,023
- Total Expenses
- $8,152
- Net Operating Income
- $35,468
- Gross Rent Multiplier
- 18.34
- Cap Rate
- 4.4
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.