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$525,000
2563662 MLS ⋅ PENDING Status
Well Laid out 4-plex in desirable location. Property offers 3 units that are 2 bed 1 Bath and one unit 2 Bed 1.25 Bath. Each unit gets one Covered Parking spot, and a large parking lot in front of units gives tenants plenty of extra space for added vehicle. Units are well laid out with spacious rooms and large bathrooms. Tenants have been there several years giving this complex a stable and established income. Three of the units are ground level with one unit located above the covered parking.

604 S Rock Street, Centralia

Listing courtesy of Keller Williams Realty.

$414,900
2562786 MLS ⋅ ACTIVE Status
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!

517 Center Street, Centralia

Listing courtesy of BHGRE - Northwest Home Team.

$800,000
2554279 MLS ⋅ ACTIVE Status
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.

2916 Russell Road, Centralia

Listing courtesy of On Point Real Estate.

$465,000
2540329 MLS ⋅ ACTIVE Status
Great Investment Opportunity! Well maintained Duplex. Excellent opportunity to add a proven income producing property to your portfolio. This well maintained duplex has a strong long term rental history and is ideally located near schools, parks, sports facilities, shopping, and just minutes from I-5, providing convenient access for commuters. Each unit offers 2 bedrooms, 1 bathroom, approximately 946 square feet of living space, a private patio, and an attached single-car garage. Recent improvements include fully renovated in one unit, fresh interior paint, updated flooring, newer exterior paint, and additional updates throughout.With long term tenants already in place, this property provides stability and immediate rental income potential. Don't miss this opportunity to own a quality multifamily investment in a desirable location.Property Highlights:Well-kept duplex with excellent rental history. Two, 2 bedroom, 1 bath, units. Approximately 946 sq. ft. per unit. Newer roof, both units have updated windows, and new garage doors. Private patio for each unit, attached single car garage plus additional parking for guests. Make this one your newest investment.

2718 Mt. Vista Road Unit #A, Centralia

Listing courtesy of John L. Scott CNT.

$867,400
2540485 MLS ⋅ ACTIVE Status
Versatile property offering a well-maintained duplex and expansive shop on nearly one acre in Centralia. Each single-story unit features 2 bedrooms, 2 bathrooms, updated windows, all appliances, separate septic systems, and individual power meters. The impressive 30' x 48' shop with a 24' x 36' extension is separately metered and equipped with two 14-foot doors, two 12-foot doors, and one 8-foot door, providing flexibility for storage, workspace, equipment, vehicles, RVs, or other permitted uses. Attractive landscaping, a partially fenced yard, and independent utilities enhance the functionality of this unique property. Whether seeking multi-unit housing, additional space for business or hobby needs, or future rental opportunities, this property offers a variety of potential uses in a peaceful Centralia setting.

2623 Sandra Avenue, Centralia

Listing courtesy of Dove Realty, Inc..

$1,200,000
2531852 MLS ⋅ PENDING INSPECTION Status
Turnkey 2019 Quadplex with Bonus Storage Income! Rare investment opportunity to own a high-performing, modern 4-plex built in 2019. Designed for maximum tenant retention and low maintenance, this property features an incredible unit mix of spacious 4-bedroom and 3-bedroom floor plans, each equipped with 2.5 bathrooms. Tenants love the premium amenities, including fully fenced backyards for private outdoor living, and an attached 2-car garage plus additional on-site parking for guests or extra vehicles. In addition to strong residential rent, this property includes 2 storage units providing additional monthly income.

1877 Ahlers Avenue, Centralia

Listing courtesy of Real Estate Marketing Group.

$414,950
2534628 MLS ⋅ ACTIVE Status
Great Investment Opportunity! This duplex in Centralia offers strong income potential and flexibility for investors or owner-occupants. Each unit features comfortable living spaces, functional kitchens, and spacious bedrooms. Kitchen updates provide added appeal, while the generous lot offers fenced yard space and off-street parking. Conveniently located near shopping, dining, schools, and everyday amenities with easy access to major commuter routes. Whether you're looking to expand your portfolio, or live in one unit while renting the other, this property presents a valuable opportunity in a growing market. Don't miss the chance to invest in Centralia real estate. | Updated Kitchens | Newer Roof | Updated Flooring |Quartz Countertops | 1800 SQFT | 4 Beds | 2 Baths |

509 W Cherry Street Unit #507, Centralia

Listing courtesy of Windermere Prof Partners.

$2,200,000
2522085 MLS ⋅ PENDING FEASIBILITY Status
Grand Mound MH & RV Park | 25-pad mobile home and RV park generating $233,775 NOI at a 10.63% cap rate, with a projected pre-tax cash flow of $103,161 at current rents. The mix includes 10 dry pads with electrical hookups, six park-owned homes, and one stick-built home. The property operates on well water with newly installed equipment and four septic tanks, with an onsite building featuring two bathrooms, laundry, and owner's office. Additional upside through rent increases and 10 large storage units.

21021 old highway 9 SW, Centralia

Listing courtesy of COMPASS.

$524,900
2509145 MLS ⋅ ACTIVE Status
Rare Centralia Investment Opportunity with Shops & Garages! Hard-to-find duplex in the heart of Centralia offering flexibility, income potential, and exceptional utility. Each unit features 960 sq ft of living space, with one side offering 2 bedrooms and 1 bath, and the other 2 bedrooms and 1.5 baths—ideal for owner-occupants or investors looking to maximize rental appeal. Current rental income is $2,345/month ($1,275 and $1,070) with rents currently below market, creating future upside potential for investors seeking increased cash flow over time. Both units include attached one-car garages, providing convenience and added value. What truly sets this property apart are the two large shops with additional covered parking—a rare bonus in this market. One shop measures 20x30 with an attached 2-car carport, while the second spans 22x32 with an attached 3-car carport—perfect for hobbyists, contractors, storage, or possible additional income opportunities. The shops, garages, and covered parking spaces offer flexibility that is difficult to find in comparable multifamily properties. Recent exterior paint completed in 2026 enhances curb appeal and reduces immediate maintenance costs. Whether you're looking to live in one unit and offset your mortgage, or add a strong income-producing property with future upside to your portfolio, this property delivers versatility and long-term potential.

1807 N Tower Avenue, Centralia

Listing courtesy of Premiere Property Group, LLC.

$525,000
2503163 MLS ⋅ SOLD Status
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

3017 Galvin Road Unit #A, Centralia

Listing courtesy of Olympic Sotheby's Int'l Realty. Selling Office: eXp Realty.

$425,000
2501475 MLS ⋅ SOLD Status
Two-unit income property with single-family charm! 714 & 714.5 G St features two separate living spaces in Centralia's desirable Edison neighborhood. Rent both units for maximum cash flow, live in one and let the other offset your mortgage, or enjoy the flexibility of two distinct living spaces under one ownership. The main residence offers 3 bedrooms, 2 bathrooms, and classic 1910 character with modern updates throughout. Step inside to find a thoughtfully maintained home that blends period details with today's comforts. The detached second unit sits at the rear of the property with its own private entrance, dedicated off-street parking, and a laundry and storage room, giving occupants true independence and a turnkey rental experience. Generous square footage across both units on a spacious lot. Centralia's strong rental demand and prime location along the I-5 corridor between Seattle and Portland make this an attractive long-term hold for investors. Just minutes from Centralia College, Providence Hospital, historic downtown shops, restaurants, cafes, and the Centralia Outlets. Easy freeway access and a local Amtrak station keep you connected to the broader Pacific Northwest. Whether you're building a rental portfolio, looking to house-hack your way to financial freedom, or need the versatility of two separate living spaces on one lot, this property checks every box. Well-located and full of potential! Don't let this rare Edison neighborhood find pass you by.

714 G Street, Centralia

Listing courtesy of Realty One Group Pacifica. Selling Office: Voetberg Hansen Real Estate.

$350,000
2491682 MLS ⋅ ACTIVE Status
Investment Opportunity – Charming Duplex Near DowntownDon’t miss this fantastic investment opportunity! This property features two adorable studio-style duplex units, each approximately 350 sq. ft. Despite their compact size, both units offer a spacious kitchen, large bathroom, and a comfortable living area—perfectly designed for efficient, cozy living.Enjoy relaxing on the front porch, surrounded by a fully fenced yard that includes an amazing greenhouse, multiple raised garden beds, and a large outbuilding—ideal for storage, a workshop, or even a chicken coop.With a strong rental history, these well-maintained units could make excellent long-term rentals or a great Airbnb opportunity. Recent updates include a new roof and gutters, adding peace of mind for years to come.Located on a large lot within walking distance to downtown shopping, restaurants, schools, and conveniently on the bus line—this property combines comfort, convenience, and versatility at an affordable price.

713 N Tower Avenue Unit #A/B, Centralia

Listing courtesy of John L. Scott CNT.

$485,000
2484270 MLS ⋅ ACTIVE Status
Discover the perfect blend of comfort, flexibility, and investment potential with this charming and well-maintained duplex. Whether you're looking to offset your mortgage by living in one unit and renting out the other, or expand your portfolio by leasing both sides, this property offers exceptional versatility to fit your goals. With a combined total of 1,924 square feet of living space, each thoughtfully designed unit features 2 spacious bedrooms, 1 full bathroom, and its own private garage — providing convenience and added value for both owners and tenants alike. The functional layouts offer comfortable living areas, ample natural light, and practical use of space throughout. Situated on a generous, level 18,731 square foot lot, the property offers abundant outdoor space with endless possibilities — from gardening and recreation to potential future enhancements (buyer to verify). The expansive yard adds privacy, usability, and long-term value that is hard to find. Meticulously cared for over the years, this duplex also had a new roof installed in 2019, providing added peace of mind and minimizing future maintenance concerns. Whether you're an investor seeking reliable rental income or a homeowner wanting built-in earning potential, this property presents a rare opportunity you won’t want to miss!

3201 - 3203 Laurel Lane, Centralia

Listing courtesy of Gateway Real Estate.

$3,999,000
2493118 MLS ⋅ ACTIVE Status
Excellent investment opportunity to purchase a 36-unit, single-story, garden-style apartment complex in Centralia, WA. All units consist of 1-bedroom units, which are both well-maintained and have strong historic rental history. Increases in several recently rented units indicate potential for additional rental income. On-site laundry to provide additional income (equipment is owned rather than leased and included in the sale). Property is centrally located in the Centralia-Chehalis area, with I-5 a short 5-minute drive away. Ample parking with both assigned spaces and street parking. All the roofs were replaced and windows upgraded to vinyl double-pane windows in 2015. Priced at $4.45M (or less than 124k/unit), which provides a cap rate of 6.82% based on the current actuals.

1100 S Pearl Street, Centralia

Listing courtesy of Windermere Northwest Living.

$3,159,000
2473278 MLS ⋅ ACTIVE Status
Stabilized 11 unit Class A townhome style multifamily portfolio consisting of three triplexes and one duplex, constructed in 2021 and offered together as a single asset. The property has a consistent operating history with strong rental demand, predictable cash flow, and is fully occupied with historically zero vacancy. Clean, verifiable financials.Units feature modern layouts and finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, LED lighting throughout, ductless mini split heating and air conditioning, high speed internet, private garages, and private patios for each unit. Low near term capital requirements due to newer construction. 18 on site parking spaces and well maintained landscaping supported by an automated irrigation system.High quality, low maintenance multifamily portfolio with convenient I-5 corridor access, centrally located between Seattle and Portland, and close to schools, hospital, college, and everyday amenities. Detailed financials available upon execution of NDA.

1409 1412, 1413, 1414 Nora Lane, Centralia

Listing courtesy of RE/MAX Premier Group.

$280,000
2421429 MLS ⋅ SOLD Status
Great Investment Opportunity. 4-plex in the popular Edison District. Great rental history. With a bit of TLC this place will shine. Plenty of parking, and each unit has a separate storage unit. Close to schools, shopping and minutes to I-5.

815 W 1st Street, Centralia

Listing courtesy of . Selling Office: John L. Scott CNT.

$560,000
2374761 MLS ⋅ SOLD Status
Great opportunity to own a turn-key duplex on over an acre! Rent out both units or live in one and rent the other. Homes have been freshly painted inside and out and a new roof was installed in 2023 on the homes and 2 detached garages. Both units have 2 bedrooms and a 3/4 bath, A/C, fenced-in yards, and come with all the appliances, including washer & dryers. Plenty of parking is available with ample driveway space, 2 large detached garages as well as RV carport with 50amp plug-in - great for storage or an extra income opportunity. Property is beautifully landscaped and has apple, plum, pear, peach, fig & cherry trees! 4 bedroom septic and private well keep utility prices low. Great location being minutes from I-5, but feels a world away

314 Goodrich Road, Centralia

Listing courtesy of Yelm Windermere. Selling Office: ZNonMember-Office-MLS.

$625,000
2346325 MLS ⋅ SOLD Status
Turnkey 5-unit multifamily investment property in Centralia, WA, near the desirable Edison District. This well-maintained property is in a high-demand area with long-term value. Just minutes from downtown shopping, dining, and amenities. Features four spacious identical 1-bedroom units and one smaller 1-bedroom unit, high ceilings, big windows, on-site laundry, ample parking as well as a large fenced yard with possibility for expansion. Strong rental history with reliable tenants. Ideal for new or seasoned investors seeking steady income. Financials available upon request. Significant upgrades completed between 2017-2019, including new roof, siding, paint, plumbing, electrical, windows, and doors.

111 West 3rd Street, Centralia

Listing courtesy of TRELORA Realty, Inc.. Selling Office: On Point Real Estate.

$925,000
2335612 MLS ⋅ SOLD Status
Great income producing property with potential to do better. 5 homes in total including a 3 bed, 2.5 bath home, and 4 stand alone 2 bed 1 bath homes. These homes are in very good condition and the sale includes garages for all units. This 5 acre parcel that includes a year round creek and a park like setting is also in the city limits. Renters pay for utilities and there are 5 additional covered garage spaces that could also be rented. This property has great potential being in the city limits, with city utilities. Let your imagination run with all the possibilities this property has to offer. Great property for 1031 exchange. Call with questions.

1104 Scammon Creek Road, Centralia

Listing courtesy of CENTURY 21 Lund, Realtors. Selling Office: Greene Commercial.

$225,000
2316816 MLS ⋅ SOLD Status

923 N Tower Avenue, Centralia

Listing courtesy of Realty One Group Bold. Selling Office: MORE Realty.

$330,000
2316265 MLS ⋅ SOLD Status
Charming Duplex -Perfect Investment or Owner-Occupied Opportunity! This updated duplex offers a fantastic combination of modern comforts and prime location, just minutes from the college, amenities, and the historic downtown area. With new roof, new flooring, new paint, new plumbing, and new wall heaters, this property is move-in ready with all the heavy lifting already done. Each unit features brand new washer/dryer sets for added convenience, along with some tasteful cosmetic upgrades that enhance the property's appeal. Whether you’re looking for an investment property with strong rental potential or a comfortable home with the option to live in one unit and rent the other, this duplex is the perfect fit.

317 1/2 Iron Street, Centralia

Listing courtesy of Blade Realty LLC. Selling Office: Real Broker LLC.

$225,000
2307860 MLS ⋅ SOLD Status
Opportunity for an owner occupant or investor with this duplex. Unit A is a 2 bedroom, 1 bath and unit B is a 1 bed, 1 bath apartment. Lots of off street parking in the rear. Unit B has a deck that overlooks N Tower Ave. New roof in 2015 and exterior was painted in 2021. Do not disturb the tenants. No real estate sign in yard.

925 N Tower Avenue, Centralia

Listing courtesy of Realty One Group Bold. Selling Office: MORE Realty.

$475,000
2293075 MLS ⋅ SOLD Status
Opportunity awaits with this freshly remodeled tri-plex in Centralia! The top floor consists of 1064 sqft 2 bed/1 bath unit and downstairs has two 532 sqft 1 bed/1 bath units. Take advantage of all the new updates including new flooring, drywall, paint inside & out. New plumbing fixtures, including new hot water tanks & new electrical w/new electrical panels as well! The kitchens all have new cabinets & counter tops with appliances that stay! Lots of opportunity in the back yard w/ driveway & alley access. Put in parking and/or storage sheds for additional storage or income. A new fence offers lots of privacy. Rent out all three units or live in one unit & rent out the other two for additional income! Close to downtown and the college!

114 N Gold Street, Centralia

Listing courtesy of Wilcox Real Estate. Selling Office: RE/MAX Northwest.

$135,000
2259167 MLS ⋅ SOLD Status
Major fixer multifamily building on just shy of a quarter acre lot. Flat corner lot with alley access in the heart of Centralia. Building is currently an 8 unit property, however the City of Centralia will require a reduction in units among other repairs and modifications. Utilites on property city may require connection fees. Please call the city for details. Property is being sold "as is".

724 N Pearl Street, Centralia

Listing courtesy of Realty One Group Bold. Selling Office: Real Estate Marketing Group.

$405,000
2248279 MLS ⋅ SOLD Status
Incredible investment opportunity. Live in one unit, rent the other, or rent both. This duplex has fully fenced private yards and outbuildings. One unit is 3 bed/ 1 bath, and other is 2 bed/ 1 bath. Washer and dryer hookups in each unit. Long term tenants that want to stay and close to the elementary school. Brand New roof, and paint. NO INSIDE ACCESS ON UNIT 311 UNTIL AFTER MUTUAL ACCEPTANCE. Unit 309 is available to view.

309 311 Spruce St, Centralia

Listing courtesy of eXp Realty. Selling Office: eXp Realty.

$435,000
2249118 MLS ⋅ SOLD Status
Downtown Centralia duplex for sale with a strong rental history & consistent cash flow. Commercially zoned. Roof & Plumbing done around 2010. Fresh Paint in 2019. Electrical switched from knob & tube in 1995. Unit 1 offers 1,853 sq ft, 3 beds, 2 baths, 2 living areas, ample storage, parking for 2, laundry, & large unfinished basement, all with great long-term tenants. Unit 2, 1,121 sq ft, 2 beds, 1 bath, walk-in closet, driveway parking, inviting kitchen nook, & fantastic tenants. With a 5% down payment multi-family loan program, it's perfect for house hacking or a solid long term investment. Ask your lender for more details! Walking distance to Centralia Community College, downtown restaurants.

116 W Pear, Centralia

Listing courtesy of eXp Realty. Selling Office: COMPASS.

$800,000
2218003 MLS ⋅ SOLD Status
A Rare opportunity to own this 8 unit Multifamily property in a charming city near all amenities. You can expect a consistent and attractive rental income, bolstering your investment portfolio and supporting your financial goals. You will be pleased with the high occupancy rate as the demand for 1 bedroom units in this area is high, ensuring a low to almost zero Vacancy rate and stable tenant base. Reap the benefit of the appreciation potential as you bring the property up to its potential with cosmetic updates and minor repairs. Secure your financial freedom with this exceptional property that promises ongoing returns and a vibrant community lifestyle for its residents. Don't miss out- Explore this Rare real Estate Opportunity today.

902 B, Centralia

Listing courtesy of eXp Realty. Selling Office: ZNonMember-Office-MLS.

$100,000
2201530 MLS ⋅ SOLD Status
Income property opportunity!! Come and build your Real Estate wealth with this Multi Family Property with UP TO 3 UNITS in Centralia!! This fixer could be a complete Cash Cow on Tower Ave! Fix current building or Build Brand new income property!

1009 N Tower Avenue, Centralia

Listing courtesy of Keller Williams Realty Bothell. Selling Office: BHGRE - Northwest Home Team.

$600,000
2202712 MLS ⋅ SOLD Status
What a perfect opportunity for an investor or perhaps a VA buyer who'd like to live in a BRAND NEW duplex while the other unit is currently rented out. This makes financing a dream! Extremely energy efficient with ductless AC/heat units and heat pump water heater. Gorgeous Lifeproof flooring, and granite counter tops in the bathrooms and kitchen really gives the home a classy feel. Fully fenced backyard makes it great for entertainment or the critters. Move in and turn key duplexes don't pop up like this very often. Neighboring duplex available as well, for an ambitious investor!

916 B Street Unit #A&B, Centralia

Listing courtesy of CENTURY 21 Lund, Realtors. Selling Office: Columbia Partners Real Estate.

$600,000
2202720 MLS ⋅ SOLD Status
Possibilities are endless with this adorable BRAND NEW Duplex. VA buyers could live in one side, while a renter could help offset expenses in the other unit (has separate meters too). Very energy efficient with low maintenance make this one ideal for any investment. Beautiful granite counters, vinyl plank flooring, and a fenced backyard makes entertaining easy. Just minutes from the historic downtown of Centralia. All the luxuries at your fingertips. Opportunities like this are hard to find!

914 B Street Unit #A&B, Centralia

Listing courtesy of CENTURY 21 Lund, Realtors. Selling Office: Raintown Realty.

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.
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