1877 Ahlers Avenue, Centralia, WA 98531

$1,200,000
6,944
SqFt

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Listing courtesy of Real Estate Marketing Group.

List Price
$1,200,000
Status
ACTIVE
MLS#
2531852
Days on Market
49
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
6,944
Area Total SqFt
6944
Annual Tax Ammount
10861
Lot Size (sq ft)
20,124
Sewer
Sewer Connected

Property Description

Turnkey 2019 Quadplex with Bonus Storage Income! Rare investment opportunity to own a high-performing, modern 4-plex built in 2019. Designed for maximum tenant retention and low maintenance, this property features an incredible unit mix of spacious 4-bedroom and 3-bedroom floor plans, each equipped with 2.5 bathrooms. Tenants love the premium amenities, including fully fenced backyards for private outdoor living, and an attached 2-car garage plus additional on-site parking for guests or extra vehicles. In addition to strong residential rent, this property includes 2 storage units providing additional monthly income.

Additional Information

List Date
2026-06-08 01:13:11
Community
Centralia
Net Operating Income
$90,789
Gross Adjusted Income
$90,789
Gross Scheduled Income
$110,100
Total Monthly Income
$9,175
Insurance Expenses
$2,700
Water/Sewer/Garbage Expenses
$5,750
Gross Rent Multiplier
10.9
Total Expenses
$19,311
Cap Rate
7.5600000000000005
Total Number of Units
6
Unit Name
1877
Potential Terms
Cash, Conventional
Year Built
2019
Roof
Composition
Site Features
Fenced-Partially
Energy Source
Electric
School District
Centralia
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$9,175
Gross Scheduled Income
$110,100
Gross Adjusted Income
$90,789
Tax Year
2026
Insurance Expense
$2,700
W/S/G Expenses
$5,750
Total Expenses
$19,311
Net Operating Income
$90,789
Gross Rent Multiplier
10.9
Cap Rate
7.5600000000000005
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.
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