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Listed by Real Broker LLC • danbrealtor@gmail.com
$3,600,000
Est. payment /mo
16,200 SqFt
New
950 WALNUT ST Kelso, WA 98626
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 16,200 sqft
Price per Sqft $222
MLS Listing ID 378224095
Year Built 2023
Annual Tax Amount $7,071
Tax Year 2025
Property Description
Exceptional investment opportunity to acquire a portfolio of five newer (2023-built) duplexes, totaling 10 fully occupied units in the growing Kelso market. With every unit currently leased at fair market rents, this turnkey investment offers immediate, consistent cash flow without the hassle of securing new tenants. Three duplexes feature a well-designed 1,494 SF floor plan per unit, while the remaining two offer the larger 1,809 SF plan per unit. Every unit includes 3 bedrooms, 2.5 bathrooms, quartz countertops, stainless steel appliances, spacious walk-in closets, walk-in showers, fully fenced & usable backyards, heat pumps with mini-split heating and cooling systems, garage and extended driveways providing ample tenant and guest parking. Ideally located with quick access to I-5, Longview, grocery stores, shopping, dining, schools, nearby golf course, and everyday amenities, this portfolio combines modern construction with a convenient location that continues to attract tenants. Whether you're expanding an existing portfolio or making your next multifamily investment, this rare offering delivers strong rental income, low-maintenance ownership, and outstanding long-term investment potential. All offers are subject to interior inspection.
Location
State WA
County Cowlitz
Area _82
Zoning Multi
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Heat Pump, Mini Split
Cooling Heat Pump, Mini Split
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Wallace
Middle Schools Coweeman
High Schools Kelso
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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