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  • Listed by: Real Broker LLC • Daniel Belza
    $3,600,000

    950 Walnut Street, Kelso, WA 98626

    30beds
    30baths
    16,200sqft
    : 
    $22,535/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 2023
    -- sqft lot
    $-- Zestimate®
    $222/sqft
    $-- HOA

    What's special

    Walk-in showersStainless steel appliancesQuartz countertopsSpacious walk-in closets
    Exceptional investment opportunity to acquire a portfolio of five newer (2023-built) duplexes, totaling 10 fully occupied units in the growing Kelso market. With every unit currently leased at fair market rents, this turnkey investment offers immediate, consistent cash flow without the hassle of securing new tenants. Three duplexes feature a well-designed 1,494 SF floor plan per unit, while the remaining two offer the larger 1,809 SF plan per unit. Every unit includes 3 bedrooms, 2.5 bathrooms, quartz countertops, stainless steel appliances, spacious walk-in closets, walk-in showers, fully fenced & usable backyards, heat pumps with mini-split heating and cooling systems, garage and extended driveways providing ample tenant and guest parking. Ideally located with quick access to I-5, Longview, grocery stores, shopping, dining, schools, nearby golf course, and everyday amenities, this portfolio combines modern construction with a convenient location that continues to attract tenants. Whether you're expanding an existing portfolio or making your next multifamily investment, this rare offering delivers strong rental income, low-maintenance ownership, and outstanding long-term investment potential. All offers are subject to interior inspection.
    23 days
    |
    301
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Belza,

    Real Broker LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2562636MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 30
      • Bathrooms: 30
      Heating
      • Ductless, Forced Air, Heat Pump, Electric
      Cooling
      • Ductless, Forced Air, Heat Pump
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 16,200
      • Total interior livable area: 16,200 sqft

      Property

      Parking
      • Total spaces: 15
      • Parking features: Garage
      • Garage spaces: 10
      • Uncovered spaces: 15
      Lot
      • Size: 0.94 Acres
      Details
      • Parcel number: 2364701
      • Zoning description: Multi-Family,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      Materials
      • Cement Planked, See Remarks, Cement Plank
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Very Good
      • Year built: 2023
      • Major remodel year: 2023

      Utilities & green energy

      • Sewer: Sewer Connected

      Community & HOA

      Community
      • Subdivision: Kelso
      Location
      • Region: Kelso

      Financial & listing details

      • Price per square foot: $222/sqft
      • Tax assessed value: $573,300
      • Annual tax amount: $36,000
      • Date on market: 7/30/2026
      • Cumulative days on market: 25 days
      • Listing terms: Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,760/mo

        Price history

        DateEventPrice
        7/31/2026Listed for sale$3,600,000+900%$222/sqft
        Source: RMLS (OR) #378224095 Report a problem
        5/15/2026Listing removed$2,100
        Source: Zillow Rentals Report a problem
        5/6/2026Listed for rent$2,100
        Source: Zillow Rentals Report a problem
        3/25/2026Listing removed$2,100
        Source: Zillow Rentals Report a problem
        3/19/2026Listed for rent$2,100
        Source: Zillow Rentals Report a problem
        7/2/2025Listing removed$2,100
        Source: Zillow Rentals Report a problem
        2/17/2025Listed for rent$2,100
        Source: Zillow Rentals Report a problem
        11/13/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/21/2023Listed for rent$2,100
        Source: Zillow Rentals Report a problem
        3/31/2022Sold$360,000-10%$22/sqft
        Source: NWMLS as distributed by MLS GRID #1849425 Report a problem
        12/17/2021Pending sale$400,000$25/sqft
        Source: NWMLS as distributed by MLS GRID #1849425 Report a problem
        11/4/2021Listed for sale$400,000$25/sqft
        Source: NWMLS as distributed by MLS GRID #1849425 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,252 +2.6%$573,300 +1.2%
        2024$7,071 +133.4%$566,740 +128%
        2023$3,030 +425.3%$248,610 +775.4%
        2022$577 $28,400 -33.2%
        2021$577 +8.4%$42,500 +15%
        2020$532 +1%$36,960
        2019$527 -2.6%$36,960
        2018$540 +1.7%$36,960 +10%
        2017$532 +1.1%$33,600
        2016$526 -31.4%$33,600 -32.7%
        2015$766 -2.2%$49,960 -10%
        2013$784 $55,510 +48.8%
        2005-- $37,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 98626

        Getting around

        25 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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