504 N 7TH AVE, Kelso, WA 98626

  • $700,000
  • $710,000

Overview

  • 3326 Sqft
    Property Size
  • 1966
    Year Built
  • MultiFamily
    Property Type
  • 274357666
    MLS#
  • 0.12 Acres
    Land Area
  • Windermere Northwest Living
    Office Name
  • David Thelin
    Agent Name

Description

Fantastic investment opportunity! This well-maintained 4-plex is a strong, turnkey addition to any rental portfolio, offering solid income and a current cap rate of approximately 7.5% with excellent cash flow. The property has a history of stable, long-term tenants and shows pride of ownership throughout. Three units feature 2 bedrooms and 1 bath, each with a dedicated storage unit and covered parking space. The fourth unit has been thoughtfully converted to a 3-bedroom, expanding rental potential and versatility. Residents enjoy a large shared balcony, and the on-site laundry room has been updated with a new electrical panel and its own hot water tank. The coin-operated laundry provides reliable additional income. Opportunities like this don’t come along often—secure this high-performing asset for your portfolio today.

Details

Updated on September 13, 2026 at 7:12 am
  • MLS# 274357666
  • Price $700,000
  • Property Size 3326 Sqft
  • Land Area 0.12 Acres
  • Garage Size x x
  • Year Built 1966
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Windermere Northwest Living
  • Agent Name David Thelin
  • Office Phone 360-993-2222

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Roof Flat, Tar Gravel
  • Sewer Public Sewer
  • Cooling None
  • Heating Wall Heater
  • County Cowlitz
  • Property Type MultiFamily
  • Parking Carport, Covered
  • Elementary School Barnes
  • Middle School Huntington
  • High School Kelso
  • Community Features Laundry

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