Turnkey 5-unit multifamily investment property in Centralia, WA, near the desirable Edison District. This well-maintained property is in a high-demand area with long-term value. Just minutes from downtown shopping, dining, and amenities. Features four spacious identical 1-bedroom units and one smaller 1-bedroom unit, high ceilings, big windows, on-site laundry, ample parking as well as a large fenced yard with possibility for expansion. Strong rental history with reliable tenants. Ideal for new or seasoned investors seeking steady income. Financials available upon request. Significant upgrades completed between 2017-2019, including new roof, siding, paint, plumbing, electrical, windows, and doors.
Sold
Listed by: TRELORA Realty, Inc.
Bought with: On Point Real Estate
$625,000
111 West 3rd Street, Centralia, WA 98531
--beds
--baths
--sqft
Multi Family
Built in 1935
-- sqft lot
$622,700 Zestimate®
$--/sqft
$1,686 Estimated rent
Home value
$622,700
$548,000 - $710,000
$1,686/mo
Zestimate® history
Owner options
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$1,686/mo
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$1,686/mo
Rent Zestimate®
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$3,638/mo
Est. payment
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$3,638/mo
Est. payment
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List your homeWhat's special
Ample parkingHigh ceilingsBig windowsOn-site laundryLarge fenced yardNew roof
Zillow last checked:
Listing updated:
Listed by:
Alexis Martz,
TRELORA Realty, Inc.
Bought with:
S Scott Horner, 11374
On Point Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2346325
Facts & features
Interior
Heating
- Wall Unit(s), Electric
Cooling
- Wall Unit(s)
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 8
- Parking features: Open
- Covered spaces: 4
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 8,712 sqft
- Dimensions: 68 x 125
- Features: Paved, Sidewalk
Details
- Parcel number: 001648000000
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Planked, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1935
- Major remodel year: 1984
Utilities & green energy
- Sewer: Sewer Connected
Community & neighborhood
Location
- Region: Centralia
- Subdivision: Centralia
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 306 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2025 | Sold | $625,000-2.3% |
Source:  NWMLS as distributed by MLS GRID #2346325 Report a problem | ||
| 7/28/2025 | Pending sale | $640,000 |
Source: NWMLS as distributed by MLS GRID #2346325 Report a problem | ||
| 4/30/2025 | Listed for sale | $640,000 |
Source: NWMLS as distributed by MLS GRID #2346325 Report a problem | ||
| 4/23/2025 | Pending sale | $640,000 |
Source: NWMLS as distributed by MLS GRID #2346325 Report a problem | ||
| 4/17/2025 | Contingent | $640,000 |
Source: NWMLS as distributed by MLS GRID #2346325 Report a problem | ||
| 4/11/2025 | Pending sale | $640,000 |
Source: NWMLS as distributed by MLS GRID #2346325 Report a problem | ||
| 3/21/2025 | Listed for sale | $640,000+24.3% |
Source: NWMLS as distributed by MLS GRID #2346325 Report a problem | ||
| 10/9/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 10/7/2022 | Listed for rent | $850-19% |
Source: Zillow Rental Manager Report a problem | ||
| 6/7/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/5/2022 | Listed for rent | $1,050 |
Source: Zillow Rental Manager Report a problem | ||
| 8/31/2021 | Sold | $515,000-2.8% |
Source: NWMLS as distributed by MLS GRID #1768213 Report a problem | ||
| 7/6/2021 | Pending sale | $529,900 |
Source: NWMLS as distributed by MLS GRID #1768213 Report a problem | ||
| 6/2/2021 | Listed for sale | $529,900 |
Source: NWMLS as distributed by MLS GRID #1768213 Report a problem | ||
| 5/27/2021 | Pending sale | $529,900 |
Source: NWMLS as distributed by MLS GRID #1768213 Report a problem | ||
| 5/17/2021 | Listed for sale | $529,900+171.7% |
Source: NWMLS as distributed by MLS GRID #1768213 Report a problem | ||
| 6/21/2018 | Sold | $195,000-15.2% |
Source: NWMLS as distributed by MLS GRID #1243012 Report a problem | ||
| 2/23/2018 | Pending sale | $230,000 |
Source: CENTURY 21 Lund, Realtors #1243012 Report a problem | ||
| 2/23/2018 | Listed for sale | $230,000 |
Source: CENTURY 21 Lund, Realtors #1243012 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Neighborhood: 98531
Nearby schools
GreatSchools rating
- 5/10Edison Elementary SchoolGrades: K-6Distance: 0.4 mi
- 4/10Centralia Middle SchoolGrades: 7-8Distance: 1.4 mi
- 4/10Centralia High SchoolGrades: 9-12Distance: 2.4 mi
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- Washington
- Lewis County
- Centralia
- 98531
- 111 West 3rd Street
Nearby cities
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