Rare multifamily fourplex opportunity in Kalama! Sits on a 10,498 SF lot two blocks from downtown & features four 2 Bed/1 Bath units with parking in the back. Each unit is equipped with laundry hook-ups, vaulted ceilings & balconies on upper floor units, patios on bottom units, large bedrooms, & oversized living rooms. Historically stable, long-term tenants in place, this property generates consistent income & presents strong upside potential through value-add improvements & rent adjustments to match current market rates. Offered at a 6.7% cap rate & served by Kalama utilities, this is a solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance.
Sold
Zillow last checked:
Listing updated:
Offers reviewed: Aug 07
Bought with:
Erica L. Rodman, 18852
Woodland Real Estate LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2416672
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Sold | $655,000+9.2% |
Source:  NWMLS as distributed by MLS GRID #2416672 Report a problem | ||
| 8/8/2025 | Pending sale | $599,900 |
Source: NWMLS as distributed by MLS GRID #2416672 Report a problem | ||
| 8/4/2025 | Listed for sale | $599,900 |
Source: NWMLS as distributed by MLS GRID #2416672 Report a problem | ||
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$649,400
2% more
+$12,988
With Zillow Showcase(estimated)
$662,388
