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    • Listed by: eXp Realty • Michael Severeid
    Bought with: COMPASS
    $435,000

    116 W Pear, Centralia, WA 98531

    5beds
    3baths
    2,913sqft
    Duplex, Multi Family
    Built in 1925
    -- sqft lot
    $481,300 Zestimate®
    $149/sqft
    $1,528 Estimated rent

    Home value

    $481,300

    $433,000 - $539,000

    $1,528/mo

    Zestimate® history
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    What's special

    Inviting kitchen nookLarge unfinished basementWalk-in closetAmple storage
    Downtown Centralia duplex for sale with a strong rental history & consistent cash flow. Commercially zoned. Roof & Plumbing done around 2010. Fresh Paint in 2019. Electrical switched from knob & tube in 1995. Unit 1 offers 1,853 sq ft, 3 beds, 2 baths, 2 living areas, ample storage, parking for 2, laundry, & large unfinished basement, all with great long-term tenants. Unit 2, 1,121 sq ft, 2 beds, 1 bath, walk-in closet, driveway parking, inviting kitchen nook, & fantastic tenants. With a 5% down payment multi-family loan program, it's perfect for house hacking or a solid long term investment. Ask your lender for more details! Walking distance to Centralia Community College, downtown restaurants.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Severeid,

    eXp Realty

    Bought with:

    Gurinder Dhillon, 22024748

    COMPASS

    Source: NWMLS as distributed by MLS GRID,MLS#: 2249118MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air, Wall Unit(s), Electric, Natural Gas
    Cooling
    • None
    Features
    • Flooring: Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 2,913
    • Total interior livable area: 2,913 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: RV Parking
    • Uncovered spaces: 3
    Features
    • Patio & porch: Wall to Wall Carpet
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 7,270 Square Feet
    • Features: Corner Lot, Curbs, Paved, Sidewalk, Cable TV, Dog Run, Fenced-Partially, Gas Available, High Speed Internet, Patio, RV Parking
    Details
    • Parcel number: 001008000000
    • Zoning description: Jurisdiction: See Remarks
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Duplex
    • Property subtype: Duplex, Multi Family
    Materials
    • Wood Siding
    • Foundation: Block, Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1925

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: City of Centralia
    • Water: Public, Company: City of Centralia

    Community & HOA

    Community
    • Subdivision: Centralia
    Location
    • Region: Centralia

    Financial & listing details

    • Price per square foot: $149/sqft
    • Tax assessed value: $518,700
    • Annual tax amount: $5,133
    • Date on market: 9/1/2024
    • Cumulative days on market: 689 days
    • Listing terms: Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    1/6/2025Sold$435,000-6.5%$149/sqft
    Source: NWMLS as distributed by MLS GRID #2249118 Report a problem
    11/12/2024Pending sale$465,000$160/sqft
    Source: NWMLS as distributed by MLS GRID #2249118 Report a problem
    7/18/2024Price change$465,000-2.1%$160/sqft
    Source: NWMLS as distributed by MLS GRID #2249118 Report a problem
    6/7/2024Listed for sale$475,000+103%$163/sqft
    Source: NWMLS as distributed by MLS GRID #2249118 Report a problem
    8/22/2018Sold$234,000-4.5%$80/sqft
    Source: NWMLS as distributed by MLS GRID #1352822 Report a problem
    4/1/2018Listing removed$245,000$84/sqft
    Source: RE/MAX KEY LAND Company #1196154 Report a problem
    1/12/2018Price change$245,000-3.9%$84/sqft
    Source: RE/MAX KEY LAND Company #1196154 Report a problem
    11/13/2017Price change$255,000-3.8%$88/sqft
    Source: RE/MAX KEY LAND Company #1196154 Report a problem
    9/20/2017Listed for sale$265,000-10.6%$91/sqft
    Source: RE/MAX KEY LAND Company #1196154 Report a problem
    11/21/2014Listing removed$995
    Source: Appfolio Report a problem
    10/2/2014Listed for rent$995
    Source: T.J. Guyer, Inc. Report a problem
    9/18/2006Sold$296,500$102/sqft
    Source: NWMLS as distributed by MLS GRID #26037332 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,529 -8.2%$518,700 -5%
    2024$4,935 +34.5%$546,100 -2.7%
    2023$3,670 -28.4%$561,100 +8.1%
    2021$5,125 +30%$519,000 +16.6%
    2020$3,941 -6.9%$445,100 +18%
    2019$4,233 +25.8%$377,100 +22.4%
    2018$3,364 $308,000 +22.2%
    2017$3,364 +32.1%$252,000
    2016$2,547 -0.4%$252,000 +1.2%
    2015$2,556 -2.1%$249,100
    2013$2,610 $249,100 -6%
    2011-- $265,100
    2010-- $265,100
    Find assessor info on the county website

    Neighborhood: 98531

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Centralia Mid
    • High: Centralia High

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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