1409 1412, 1413, 1414 Nora Lane, Centralia, WA 98531
- $3,159,000
- 13,816
- SqFt
Listing courtesy of RE/MAX Premier Group.
- List Price
- $3,159,000
- Status
- ACTIVE
- MLS#
- 2473278
- Price Change
- ▼ $302,866 1782011073
- Days on Market
- 183
- Style
- 56 - 10+ Units
- Building Condition
- Very Good
- Finished SqFt
- 13,816
- Area Total SqFt
- 13816
- Annual Tax Ammount
- 27518.17
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 42,689
- Sewer
- Sewer Connected
Property Description
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.
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Additional Information
- List Date
- 2026-01-28 21:55:21
- Community
- Centralia
- Net Operating Income
- $207,712
- Gross Adjusted Income
- $282,675
- Gross Scheduled Income
- $282,675
- Total Monthly Income
- $23,556
- Insurance Expenses
- $7,800
- Water/Sewer/Garbage Expenses
- $18,016
- Gross Rent Multiplier
- 13.26
- Total Expenses
- $74,962
- Cap Rate
- 6
- Total Number of Units
- 4
- Unit Name
- 1409
- Potential Terms
- Cash, Conventional, See Remarks
- Year Built
- 2021
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio, Sprinkler System
- Other Expenses
- 21627
- Energy Source
- Electric
- School District
- Centralia
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $23,556
- Gross Scheduled Income
- $282,675
- Gross Adjusted Income
- $282,675
- Tax Year
- 2025
- Insurance Expense
- $7,800
- W/S/G Expenses
- $18,016
- Total Expenses
- $74,962
- Net Operating Income
- $207,712
- Gross Rent Multiplier
- 13.26
- Cap Rate
- 6
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.