1807 N TOWER AVE, Centralia, WA 98531

$524,900
1,920
SqFt

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List Price
$524,900
Price Change
▼ $15,100 1782422058
Days on Market
144
MLS#
597801680
Property Type
Multifamily
Sqft. of Residence
1,920
Lot Size
7, 000 to 9, 999 SqFt
Region
Lewis County
Status
ACTIVE

Property Description

Rare Centralia Investment Opportunity with Shops & Garages. Hard-to-find duplex in the heart of Centralia offering flexibility, income potential, and exceptional utility. Each unit features 960 sq ft of living space, with one side offering 2 bedrooms and 1 bath, and the other 2 bedrooms and 1.5 baths—ideal for owner-occupants or investors looking to maximize rental appeal.Current rental income is $2,345/month ($1,275 and $1,070) with rents currently below market, creating future upside potential for investors seeking increased cash flow over time. Both units include attached one-car garages, providing convenience and added value.What truly sets this property apart are the two large shops with additional covered parking—a rare bonus in this market. One shop measures 20x30 with an attached 2-car carport, while the second spans 22x32 with an attached 3-car carport—perfect for hobbyists, contractors, storage, or possible additional income opportunities. The shops, garages, and covered parking spaces offer flexibility that is difficult to find in comparable multifamily properties.Recent exterior paint completed in 2026 enhances curb appeal and reduces immediate maintenance costs. Whether you're looking to live in one unit and offset your mortgage, or add a strong income-producing property with future upside to your portfolio, this property delivers versatility and long-term potential.Opportunities like this—with multiple garages, shops, covered parking, existing rental income, and value-add potential—are rarely available in Centralia.

Additional Information

Tax Amount
$3,701
Year Built
1972
High School
Centralia
Elementary School
Oakview
Middle School
Centralia
Acres
0.22
Living Area
1,920
Stories
1
Subdivision
Parkland Add 02
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Electricity
Heating Description
Baseboard
Hoa Rent Includes
Sewer, Water
Hot Water Description
Electricity
Exterior Description
Brick
Roof Type
Composition
Sewer Description
Septic Tank, Standard Septic
Parking
Driveway, Garage
Parking Description
Driveway, Garage
Road Surface
Gravel, Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1275
Unit Type One Sq Ft
960
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Premiere Property Group LLC.

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