Property Details

10133 183rd Way SW
Rochester, WA 98579
$445,900
MLS# 2526462 courtesy of NWMLS Listing firm: Capitol Real Estate LLC

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10133 183rd Way SW, Rochester, WA 98579, Rochester

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10133 183rd Way SW, Rochester, WA 98579, Rochester

1 / 2
Multi-Family
Property Type
6
Units
9.15%
Cap Rate
1953
Year Built

Property Overview

Rare investment opportunity in fast-growing Rochester! This well-maintained 6-lot mobile home park offers strong cash flow with great space rents and a stable tenant base. Low-maintenance operation with consistent occupancy makes this an ideal addition to any investment portfolio. Convenient location with easy access to shopping, schools, and I-5. Plenty of upside potential while enjoying steady income from day one. A hard-to-find smaller park with solid returns and long-term value. Not a better cap rate out there under $500k!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Thurston
Neighborhood Rochester
Listed May 20, 2026

Financial Summary

Cap Rate 9.15%
Net Operating Income $40,829
Gross Scheduled Income $51,000
Gross Rent Multiplier 9.61
Total Expenses $2,971
Vacancy Rate 83.0%

Building & Use

Leasable Area 520 sqft
Total Units 6
Zoning Commercial
Possible Use Commercial
Year Built 1953

Exterior & Lot

Lot Size 0.37 sqft
Year Built 1953
Exterior Materials See Remarks
Sewer Septic Tank
Water Source Individual Well
Exterior Features See Remarks

Location

City Rochester
County Thurston
Coordinates 46.82126, -123.09605

Additional Information

Tax Year 2025
Annual Taxes $1,941
Possession Array
Listed By
Justin W Hjelm
Capitol Real Estate LLC

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