Share this with your friends
(253) 209-4200
Real Estate Company
352 Cemetery Road, Castle Rock, WA 98611
- $520,000
- 3,026
- SqFt
Listing Broker: Windermere Northwest Living; David Thelin; 360-749-5667; davidthelin@windermere.com
- List Price
- $520,000
- Status
- ACTIVE
- MLS#
- 2585360
- Days on Market
- 0
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 3,026
- Area Total SqFt
- 3026
- Annual Tax Ammount
- 5298
- Internet Provider
- XFinity
- Lot Size (sq ft)
- 81,892
- Sewer
- Septic Tank
Property Description
Fantastic investment opportunity! This recently built townhouse-style duplex offers two well-appointed units, each featuring 3 bedrooms, 2.5 baths, and 1,513 square feet. High ceilings and recessed lighting enhance the main living areas, while the kitchens showcase quartz countertops, shaker cabinetry, and stainless steel appliances. Each primary suite includes a walk-in closet, recessed lighting, and an adjoining full bathroom. Both units feature double-pane vinyl windows, forced-air heating with heat pumps, concrete patios, fully fenced yards, and an attached single-car garage. Conveniently located near I-5, schools, parks, and everyday amenities, this property combines modern finishes with practical features. Well and septic service help limit utility expenses, supporting the advertised 8% capitalization rate. You may be able to build additional units on this parcel. Don’t miss the opportunity to add this duplex to your investment portfolio!
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2026-10-13 19:43:11
- Community
- Castle Rock
- Net Operating Income
- $41,821
- Gross Adjusted Income
- $49,302
- Gross Scheduled Income
- $49,800
- Total Monthly Income
- $4,150
- Insurance Expenses
- $2,183
- Gross Rent Multiplier
- 10.4
- Total Expenses
- $7,481
- Cap Rate
- 8
- Vacancy Rate
- 1
- Total Number of Units
- 2
- Unit Name
- 352
- Potential Terms
- Cash, Conventional, FHA, State Bond, VA Loan
- Year Built
- 2023
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Fully, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Castle Rock
- Elementary School
- Castle Rock Elem
- Middle School
- Castle Rock Mid
- High School
- Castle Rock High
- Total Monthly Income
- $4,150
- Gross Scheduled Income
- $49,800
- Vacancy Rate
- 1
- Gross Adjusted Income
- $49,302
- Tax Year
- 2026
- Insurance Expense
- $2,183
- Total Expenses
- $7,481
- Net Operating Income
- $41,821
- Gross Rent Multiplier
- 10.4
- Cap Rate
- 8
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.