1921 Teresa Way - Multi-Family FOR SALE


Kelso, WA 98626
$550,000 USD
360-556-5101
1921 Teresa Way, Kelso, WA for Sale
$550,000 USD
Multi-Family - FOR SALE
1/12
null | 6.4% Cap Rate

1921 Teresa Way
Kelso, WA 98626


HIGHLIGHTS

  • 6.4% CAP Rate
  • Two Duplexes -100% Occupied
  • Carport & Garage Parking

OVERVIEW

Explore a rare investment opportunity with this double duplex package in Kelso, ideally situated on a spacious 25,700 SF lot with a serene, wooded backdrop, at the end of a dead-end road. The lower duplex features a classic oversized side-by-side layout with two 1-bedroom, 1-bathroom units, each offering a covered patio and carport parking. The upper duplex offers a multilevel design, including one 2-bedroom, 2-bathroom unit and one 2-bedroom, 1-bathroom unit, with three car garage for covered parking. Each unit is equipped with laundry hook-ups for added convenience. With stable, long-term tenants already in place, this property generates consistent income and presents strong upside potential through value-add improvements and rent adjustments to match current market rates. Currently offered at a 6.4% cap rate and served by Kelso utilities, this is a solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Don’t miss out, contact us today for more information.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

4

PRICE/UNIT

$137,500

CAP RATE

6.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1921 & 1923 Teresa Way

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

24300200

ASK ABOUT THIS PROPERTY

Chris RoeweWoodford Commercial Real EstateMore Info
360-556-5101

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

Chris RoeweWoodford Commercial Real EstateMore Info
360-556-5101

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