517 Center Street, Centralia, WA 98531

$424,900
2,344
SqFt

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Listing courtesy of BHGRE - Northwest Home Team.

List Price
$424,900
Status
ACTIVE
MLS#
2562786
Days on Market
0
Style
52 - Duplex
Finished SqFt
2,344
Area Total SqFt
2344
Annual Tax Ammount
3449
Lot Size (sq ft)
7,841
Sewer
Sewer Connected

Property Description

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!

Additional Information

List Date
2026-07-31 19:12:14
Community
Centralia
Net Operating Income
$35,683
Gross Adjusted Income
$45,600
Gross Scheduled Income
$45,600
Total Monthly Income
$3,261
Insurance Expenses
$2,628
Water/Sewer/Garbage Expenses
$3,840
Gross Rent Multiplier
9.3
Total Expenses
$9,917
Cap Rate
8.4
Total Number of Units
2
Unit Name
517
Potential Terms
Cash, Conventional, FHA, State Bond, USDA Loan, VA Loan
Year Built
1930
Roof
Composition
Site Features
Gas Available, High Speed Internet, RV Parking
Energy Source
Electric, Natural Gas
School District
Centralia
Middle School
Centralia Mid
High School
Centralia High
Total Monthly Income
$3,261
Gross Scheduled Income
$45,600
Gross Adjusted Income
$45,600
Tax Year
2026
Insurance Expense
$2,628
W/S/G Expenses
$3,840
Total Expenses
$9,917
Net Operating Income
$35,683
Gross Rent Multiplier
9.3
Cap Rate
8.4
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.

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