Centralia Homes with 56 - 10+ Units Style

Welcome to Centralia, Washington – a charming city nestled in Lewis County, where history meets modern living. Known for its rich heritage, Centralia boasts a captivating blend of small-town charm and vibrant community spirit. With its picturesque streets lined with historic buildings, Centralia is a delightful place for families, professionals, and retirees alike.

The city is conveniently located between Seattle and Portland, making it an ideal spot for those seeking a peaceful retreat while remaining connected to urban amenities. Centralia is surrounded by breathtaking natural beauty, from lush forests to serene rivers, offering plenty of opportunities for outdoor enthusiasts to explore hiking, fishing, and camping activities.

When it comes to housing, Centralia presents an array of options, particularly for those interested in homes with 56 to 10+ units. These multi-family properties are perfect for investors or those looking to create a vibrant living community. The diverse styles and layouts cater to a variety of lifestyles, whether you’re searching for a cozy duplex or a larger apartment complex. With a growing demand for rental properties in the area, investing in multi-family units can be a lucrative decision.

Centralia's strong sense of community is reflected in its local events, farmers' markets, and festivals that bring residents together throughout the year. With a focus on family-friendly activities and a welcoming atmosphere, Centralia is not just a place to live; it's a place to call home. Explore the potential of multi-family living in this enchanting city and discover the perfect blend of comfort, community, and opportunity in Centralia, WA!

Newest Centralia Homes with 56 - 10+ Units Style

$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.

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