Property Details
208 NE Kirby
Castle Rock, WA 98611
$360,000
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Property Overview
Excellent investment opportunity in the heart of Castle Rock! This well-maintained duplex features two 2-bedroom, 1-bath units, each with an attached one-car garage, in-unit laundry, and generous basement storage. Major updates include a brand-new roof for added peace of mind. One unit offers hardwood floors throughout, while the second has carpet with hardwood flooring underneath ready to be uncovered. Conveniently located just minutes from the river, downtown amenities, and quick access to I-5, this property offers strong rental appeal in a prime location. One side is currently vacant, great for owner occupied investment opportunity!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Cowlitz
Neighborhood
Castle Rock
Listed
May 12, 2026
Financial Summary
Cap Rate
3.33%
Net Operating Income
$11,991
Gross Scheduled Income
$15,800
Gross Rent Multiplier
22.78
Total Expenses
$3,809
Vacancy Rate
1.0%
Building & Use
Building Sq Ft
1,350
Leasable Area
1,350 sqft
Total Units
2
Lot Size
5,227 sqft
Year Built
1940
Exterior & Lot
Lot Size
0.12 sqft
Year Built
1940
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Paved
Exterior Features
Wood Products
Location
City
Castle Rock
County
Cowlitz
Coordinates
46.27686, -122.90608
Additional Information
Tax Year
2025
Annual Taxes
$1,724
Possession
Array
Based on information submitted to the MLS GRID as of May 13, 2026 11:00 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.