About This Home
This 9-bedroom, 4-bathroom residential multi family at 504 N 7TH Ave in Kelso, WA is listed for $700,000 ($210 per sqft). Built in 1966, the home offers 3,326 sqft of living space on a 0.12 acres lot.
Key Features
- Built in 1966
- 0.12 acre lot
- 2 stories
Property Details
Amenities
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.
Monthly Cost Estimate
$3,744/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
504 N 7TH Ave
Kelso, WA 98626
Old Kelso Hill
Property Details
Views
Questions & Answers
This 9-bedroom, 4-bathroom residential multi family at 504 N 7TH Ave is listed at $700,000 ($210/sqft). The estimated monthly payment is $3,744 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1966, 0.12 acre lot, 2 stories.
This property is listed by David Thelin and can be reached at 3607495667.