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Sold for $230,000
  • $230,000

    507 Alder St, Kelso, WA 98626

    3beds
    1,826sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $304,800 Zestimate®
    $126/sqft
    $1,406 Estimated rent

    Home value

    $304,800

    $253,000 - $360,000

    $1,406/mo

    Zestimate® history
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    $1,454/mo

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    $1,454/mo

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    What's special

    Corner lotPark an rv
    This charming home is loaded with possibilities. Undervalued, the property features a workshop with tons of storage space and an upstairs mother-in-law apartment with separate entrance. This corner lot boasts a huge back yard with ample space for a garden, playset, or extra room to relax and hang out. The backyard is alley accessible through a large, sliding gate, with enough room to park an RV. The siding is made of Hardie Board, which is designed to last just about forever so you won't need to worry about patching or replacing anything anytime soon. The mother-in-law apartment upstairs was part of the original design of the house so there will be no need to worry about potential permitting issues for property upgrades that were not filed. An amazing property for a motivated investor willing to put in some sweat equity, this handyman special will be perfect for a variety of situations. From a multi family rental to a home with a private area for a parent or older child living at home, this residence is packed with potential. We have had several offers and have a standing offer but are looking for the right fit. Not all rooms are pictured here yet as we are still going through the house and cleaning up from the former tenants. That said, the more we do, the less we will be willing to negotiate on price. Please note, we are NOT interested in a real estate agent to represent this property. Please do not contact if you are a real estate agent unless you have an investor interested in buying the property.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Wall, Electric
    Cooling
    • None
    Appliances
    • Included: Dryer, Range / Oven, Refrigerator
    Features
    • Flooring: Hardwood, Laminate, Linoleum / Vinyl
    • Basement: None
    Interior area
    • Total interior livable area: 1,826 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street, Garage
    Features
    • Exterior features: Cement / Concrete
    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: 22768

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Kelso

    Price history

    DateEventPrice
    9/24/2025Sold$230,000-17.9%$126/sqft
    Source: Public Record Report a problem
    7/28/2025Price change$280,000-13.8%$153/sqft
    Source: Owner Report a problem
    7/15/2025Price change$325,000+14%$178/sqft
    Source: Owner Report a problem
    7/11/2025Listed for sale$285,000$156/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$825 +2.9%$246,660 +1.2%
    2023$802 -14.9%$243,830 +0.3%
    2022$942 $243,190 -12.9%
    2021$942 $279,110 +11.7%
    2020-- $249,940 +23.6%
    2019$762 +21.2%$202,225
    2018$629 +3.2%--
    2017$610 +3.3%$135,380 +15.7%
    2016$590 +59%$116,990 +41.5%
    2015$371 +2.1%$82,700 -0.2%
    2013$364 $82,870 -18.4%
    2011$364 $101,500 -7.1%
    2010-- $109,250 +13.2%
    2006-- $96,500 +14.3%
    2005-- $84,400

    Find assessor info on the county website

    Neighborhood: 98626

    Nearby schools

    GreatSchools rating
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    $304,800
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    +$6,096
    With Zillow Showcase(estimated)
    $310,896