Property Details
1409 1412, 1413, 1414 Nora Lane
Centralia, WA 98531
$3,495,000
Active
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Property Overview
Stabilized 11 unit Class A townhome style multifamily portfolio consisting of three triplexes and one duplex, constructed in 2021 and offered together as a single asset. The property has a consistent operating history with strong rental demand, predictable cash flow, and is fully occupied with historically zero vacancy. Clean, verifiable financials.Units feature modern layouts and finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, LED lighting throughout, ductless mini split heating and air conditioning, high speed internet, private garages, and private patios for each unit. Low near term capital requirements due to newer construction. 18 on site parking spaces and well maintained landscaping supported by an automated irrigation system.High quality, low maintenance multifamily portfolio with convenient I-5 corridor access, centrally located between Seattle and Portland, and close to schools, hospital, college, and everyday amenities. Detailed financials available upon execution of NDA.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Lewis
Neighborhood
Centralia
Listed
Jan 28, 2026
Original Price
$3,749,000
Financial Summary
Cap Rate
5.94%
Net Operating Income
$207,712
Gross Scheduled Income
$282,675
Gross Rent Multiplier
13.26
Total Expenses
$74,962
Building & Use
Building Sq Ft
13,816
Leasable Area
13,816 sqft
Total Units
4
Zoning
Multi-Family,Residential
Possible Use
Multi-Family, Residential
Lot Size
42,689 sqft
Year Built
2021
Exterior & Lot
Lot Size
0.98 sqft
Year Built
2021
Garage
11 spaces
Exterior Materials
Cement
Sewer
Sewer Connected
Water Source
Public
Lot Features
Dead End Street, Paved, Secluded
Exterior Features
Cement/Concrete
Location
City
Centralia
County
Lewis
Coordinates
46.73238, -122.98991
Additional Information
Tax Year
2025
Annual Taxes
$27,518
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 4:34 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
