Property Details

1403 N 4th Avenue
Kelso, WA 98626
$360,000
MLS# 2498890 courtesy of NWMLS Listing firm: CENTURY 21 Lund, Realtors

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1403 N 4th Avenue , Kelso, WA 98626, Kelso

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1403 N 4th Avenue , Kelso, WA 98626, Kelso

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Multi-Family
Property Type
1,664
Bldg Sq Ft
2
Units
6.90%
Cap Rate
1997
Year Built

Property Overview

This charming duplex is rich with opportunity, appealing to everyone from first-time homebuyers to savvy investors or hands-on renovators seeking income potential. A purchase like this offers remarkable versatility, including the rare advantage of multi-generational living. Move in with ease and explore flexible options that blend comfortable living with long-term value and financial upside. As shown in the photos, one side of the duplex is fully complete, while the other offers the opportunity for light updating. The seller is open to working with the buyer in several ways, assisting with finishing the renovation, completing improvements prior to closing, or leaving the space as is so the new owner can personalize and complete the other side at their own pace.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Pending
County Cowlitz
Neighborhood Kelso
Listed Mar 29, 2026

Financial Summary

Cap Rate 6.90%
Net Operating Income $24,936
Gross Scheduled Income $36,000
Gross Rent Multiplier 10.00
Total Expenses $922
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 1,664
Leasable Area 1,664 sqft
Total Units 2
Lot Size 5,702 sqft
Year Built 1997

Exterior & Lot

Lot Size 0.13 sqft
Year Built 1997
Exterior Materials Wood
Sewer Sewer Connected
Exterior Features Wood Products

Location

City Kelso
County Cowlitz
Coordinates 46.15672, -122.90765

Additional Information

Tax Year 2026
Annual Taxes $297
Possession Array
Listed By
Nicholas Gehrman
CENTURY 21 Lund, Realtors

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