Fantastic investment opportunity! This recently built townhouse-style duplex offers two well-appointed units, each featuring 3 bedrooms, 2.5 baths, and 1,513 square feet. High ceilings and recessed lighting enhance the main living areas, while the kitchens showcase quartz countertops, shaker cabinetry, and stainless steel appliances. Each primary suite includes a walk-in closet, recessed lighting, and an adjoining full bathroom. Both units feature double-pane vinyl windows, forced-air heating with heat pumps, concrete patios, fully fenced yards, and an attached single-car garage. Conveniently located near I-5, schools, parks, and everyday amenities, this property combines modern finishes with practical features. Well and septic service help limit utility expenses, supporting the advertised 7.7% capitalization rate. Also, very strong tenant history! You may be able to build additional units on this parcel. Don’t miss the opportunity to add this duplex to your investment portfolio!
Pending
Listed by: Windermere Northwest Living • David Thelin • 360-749-5667
$490,000
364 Cemetery Road, Castle Rock, WA 98611
6beds
6baths
3,026sqft
Duplex, Multi Family
Built in 2023
-- sqft lot
$-- Zestimate®
$162/sqft
$-- HOA
What's special
Modern finishesAttached single-car garageHigh ceilingsRecessed lightingFully fenced yardsStainless steel appliancesShaker cabinetry
- --
- on Zillow
- 356
- views
- 30
- saves
Zillow last checked:
Listing updated:
Listed by:
David Thelin 360-749-5667 davidthelin@windermere.com,
Windermere Northwest Living
Source: NWMLS as distributed by MLS GRID,MLS#: 2585386
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Forced Air, Heat Pump, Electric
Cooling
- Forced Air, Heat Pump
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,026
- Total interior livable area: 3,026 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.9 Acres
- Features: Dead End Street, Paved, Cable TV, Fenced-Partially, Patio
Details
- Parcel number: 309300101
- Zoning description: Multi-Family,Residential,Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Cement/Concrete
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 2023
Utilities & green energy
- Electric: Company: Cowlitz PUD
- Sewer: Septic Tank, Company: Septic
- Water: Shared Well, Company: Well
- Utilities for property: Xfinity, Xfinity
Community & HOA
Community
- Subdivision: Castle Rock
Location
- Region: Castle Rock
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $621,260
- Annual tax amount: $5,298
- Date on market: 10/14/2026
- Listing terms: Conventional,FHA,State Bond,USDA Loan,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$3,152/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/18/2026 | Pending sale | $490,000$162/sqft |
Source:  RMLS (OR) #134693943 Report a problem | ||
| 10/14/2026 | Listed for sale | $490,000-51%$162/sqft |
Source:  NWMLS as distributed by MLS GRID #2585386 Report a problem | ||
| 9/16/2025 | Sold | $999,125$330/sqft |
Source: Public Record Report a problem | ||
| 6/10/2025 | Listing removed | $1,850$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/1/2025 | Price change | $1,850-2.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/26/2025 | Price change | $1,900-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/8/2025 | Listed for rent | $1,975+1.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/8/2024 | Price change | $1,950-2.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/1/2024 | Price change | $2,000-4.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2024 | Listed for rent | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,298 +45.5% | $621,260 +45.5% |
| 2024 | $3,642 +10.4% | $427,030 +6.9% |
| 2023 | $3,298 | $399,640 +597.7% |
| 2022 | -- | $57,280 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98611
Nearby schools
Schools provided by the listing agent
- Elementary: Castle Rock Elem
- Middle: Castle Rock Mid
- High: Castle Rock 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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