3201 - 3203 Laurel Lane, Centralia, WA 98531

$485,000
1,924
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Gateway Real Estate.

List Price
$485,000
Status
ACTIVE
MLS#
2484270
Days on Market
129
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,924
Area Total SqFt
1924
Annual Tax Ammount
3991
Lot Size (sq ft)
18,731
Sewer
Septic Tank

Property Description

Discover the perfect blend of comfort, flexibility, and investment potential with this charming and well-maintained duplex. Whether you're looking to offset your mortgage by living in one unit and renting out the other, or expand your portfolio by leasing both sides, this property offers exceptional versatility to fit your goals. With a combined total of 1,924 square feet of living space, each thoughtfully designed unit features 2 spacious bedrooms, 1 full bathroom, and its own private garage — providing convenience and added value for both owners and tenants alike. The functional layouts offer comfortable living areas, ample natural light, and practical use of space throughout. Situated on a generous, level 18,731 square foot lot, the property offers abundant outdoor space with endless possibilities — from gardening and recreation to potential future enhancements (buyer to verify). The expansive yard adds privacy, usability, and long-term value that is hard to find. Meticulously cared for over the years, this duplex also had a new roof installed in 2019, providing added peace of mind and minimizing future maintenance concerns. Whether you're an investor seeking reliable rental income or a homeowner wanting built-in earning potential, this property presents a rare opportunity you won’t want to miss!

Additional Information

List Date
2026-03-19 13:41:12
Community
Fords Prairie
Net Operating Income
$28,946
Gross Adjusted Income
$34,680
Gross Scheduled Income
$34,680
Total Monthly Income
$2,890
Insurance Expenses
$1,843
Total Expenses
$5,834
Total Number of Units
2
Unit Name
3201
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1968
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Patio, RV Parking
Energy Source
Electric
School District
Centralia
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,890
Gross Scheduled Income
$34,680
Gross Adjusted Income
$34,680
Tax Year
2026
Insurance Expense
$1,843
Total Expenses
$5,834
Net Operating Income
$28,946
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks