180 2nd St - Apartments FOR SALE


Cathlamet, WA 98612
$535,000 USD
360-795-3636
180 2nd St, Cathlamet, WA for Sale
$535,000 USD
Apartments - FOR SALE
1/36
null | 6.7% Cap Rate

180 2nd St
Cathlamet, WA 98612


HIGHLIGHTS

  • Corner Lot, One Large Lower Unit, Two Upper Units
  • Updated Mult Family Tri Plex near Elochoman Marina
  • Desirable Downtown/Walkable Location, close to services, restaurants & shopping

OVERVIEW

Step back in time with this 1920s triplex overlooking the Columbia River. Perfectly positioned on a corner lot in the heart of downtown Cathlamet, this vintage gem combines historic character with modern amenities and income potential. Enjoy river views and a vibrant, stroll-able lifestyle - just steps away from local shops, art gallery, craft brewery, dining options and the marina. Whether you're looking for multi-generational estate or turnkey investment, this property's charm and unbeatable location make it a rare find in Wahkiakum County. Well maintained and updated units with onsite laundry and BRAND SPANKING NEW ROOF professionally installed 3/2026! Short distance from the market, library, riverfront and services such as baking & pharmacy - it's a dream for tenants or for that owner-occupant seeking a peaceful yet connected community. Steady rental appeal with strong tenants and solid rents. Great house-hack potential, live in one unit and let the rents pay the way or step into this turnkey performer and build your rental portfolio. Larger, street level, unit has a yard with mature landscaping, additional storage and laundry. Two upper units have been recently renovated and share a laundry. Don't miss a chance to own a piece of history in one of the river's most picturesque towns, just a quick trip across the ferry to the Oregon Coast or head west to the Long Beach Peninsula and its array of clamming, crabbing, charter fishing, kite festivals & more!

FOR SALE DETAILS

PRICE

$535,000 USD

PRICE/SF

$126 USD /SF

# OF UNITS

3

PRICE/UNIT

$178,333

CAP RATE

6.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,009 SF

ZONING

Multi Family/Mixed

APN/PARCEL ID

20806420022

ASK ABOUT THIS PROPERTY

Debi TrullRealty WestMore Info
360-795-3636

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Debi TrullRealty WestMore Info
360-795-3636

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.