- – beds
- – baths
- 2,760 sqft
- 5,663 sqft lot
- $157 per sqft
- 1980 build
Discover a unique investment opportunity with this rural 4-plex located in the heart of Carrolls. This well-maintained property offers a diverse unit mix, including two 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one spacious 2-bedroom/1.75-bath unit, all thoughtfully arranged across two levels. With long-term tenants in place, the property already provides stable income, and there’s significant upside potential through value-add improvements and adjusting rents to current market rates. Currently offered at a 7.3% cap rate, the property is served by Carrolls water and septic systems. Whether you're looking to expand your portfolio or secure a steady income-producing asset, this 4-plex is a compelling opportunity.
Last checked:
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Last updated May 29, 2025
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MLS# 2381073 —
The Building
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Year Built:1926
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Year Built:1980
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Year Built Source:See Remarks
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New Construction:false
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Structure Type:Quadruplex
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Roof:Composition
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Foundation Details:Pillar/Post/Pier
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Security Features:Partially Fenced
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Exterior Features:Wood, Wood Products
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Units In Building Total:4
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# of Units Total:4
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Stories Total:2
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Building Area Total:2760
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Building Area Units:Square Feet
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Calculated SqFt:2760
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SqFt Source:county
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Construction Materials:Wood
Interior
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Flooring:Vinyl, Carpet
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:46.071909
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Longitude:-122.863632
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Directions:I-5 North, Exit 32 for Kalama River Rd, Right on Kalama River Rd, 3rd Exit onto Old Hwy 99/Old Pacific Hwy S, Left on Carrolls and destination will be on your left.
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Property Condition:Average
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Parcel Number:60081
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Lot Features:Dead End Street, Paved
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Lot Size Units:Square Feet
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Lot Size Acres:0.13
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Lot Size SqFt:5663
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Lot Size Source:county
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Zoning Jurisdiction:County
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (360) 501-5500
- Office phone:
- (360) 501-5500
Taxes
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Tax Year:2025
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Tax Annual Amount:3218
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
Utilities
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Water Company:City Of Kelso
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Water Source:Public
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Sewer:Septic Tank
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Sewer Company:City Of Kelso
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Power Company:Cowlitz Pud
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Water Sewer Garbage:2000
Schools
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Elementary School:Carrolls Elem
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Middle Or Junior School:Buyer To Verify
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High School:Buyer To Verify
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High School District:Kelso
The Community
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Subdivision Name:Carrolls
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Senior Community:false
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Association:false
Parking
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Open Parking:false
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Carport:false
Listing courtesy of NWMLS / Woodford Commercial RE
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/23/25
May 23, 2025
|
Listed / Active | NWMLS | $435,000 | 56.5% (11.9% / YR) |
8/24/20
Aug 24, 2020
|
NWMLS | $278,000 | 11.2% | |
7/16/20
Jul 16, 2020
|
NWMLS | $250,000 |