Property Details
1877 Ahlers Avenue
Centralia, WA 98531
$1,200,000
Active
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Property Overview
Turnkey 2019 Quadplex with Bonus Storage Income! Rare investment opportunity to own a high-performing, modern 4-plex built in 2019. Designed for maximum tenant retention and low maintenance, this property features an incredible unit mix of spacious 4-bedroom and 3-bedroom floor plans, each equipped with 2.5 bathrooms. Tenants love the premium amenities, including fully fenced backyards for private outdoor living, and an attached 2-car garage plus additional on-site parking for guests or extra vehicles. In addition to strong residential rent, this property includes 2 storage units providing additional monthly income.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Lewis
Neighborhood
Centralia
Listed
Jun 7, 2026
Structure Type
Quadruplex
Parcel Number
023645013004
Tax & HOA
Annual Property Tax
$10,861 (2026)
Est. Monthly Tax
$905/mo
Financial Summary
Cap Rate
7.56%
Net Operating Income
$90,789
Gross Scheduled Income
$110,100
Gross Rent Multiplier
10.90
Total Expenses
$19,311
Building & Use
Building Sq Ft
6,944
Leasable Area
6,944 sqft
Total Units
6
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
20,125 sqft
Year Built
2019
Exterior & Lot
Lot Size
0.46 sqft
Year Built
2019
Garage
4 spaces
Exterior Materials
Cement Plank
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Cement Planked
Community & Access
Directions
North on Pearl Street, left on Alaska, left on Ahlers
Location
City
Centralia
County
Lewis
Coordinates
46.73797, -122.95551
Additional Information
Tax Year
2026
Annual Taxes
$10,861
Possession
Array
Based on information submitted to the MLS GRID as of June 8, 2026 1:15 AM. 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.
