Property Details

2623 Sandra Avenue
Centralia, WA 98531
$879,900
MLS# 2540485 courtesy of NWMLS Listing firm: Dove Realty, Inc.

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2623 Sandra Avenue , Centralia, WA 98531, Centralia

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2623 Sandra Avenue , Centralia, WA 98531, Centralia

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Multi-Family
Property Type
2,124
Bldg Sq Ft
2
Units
12.20%
Cap Rate
1983
Year Built

Property Overview

Versatile property offering a well-maintained duplex and expansive shop on nearly one acre in Centralia. Each single-story unit features 2 bedrooms, 2 bathrooms, updated windows, all appliances, separate septic systems, and individual power meters. The impressive 30' x 48' shop with a 24' x 36' extension is separately metered and equipped with two 14-foot doors, two 12-foot doors, and one 8-foot door, providing flexibility for storage, workspace, equipment, vehicles, RVs, or other permitted uses. Attractive landscaping, a partially fenced yard, and independent utilities enhance the functionality of this unique property. Whether seeking multi-unit housing, additional space for business or hobby needs, or future rental opportunities, this property offers a variety of potential uses in a peaceful Centralia setting.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Lewis
Neighborhood Centralia
Listed Jun 15, 2026
Structure Type Duplex
Parcel Number 023933001005

Tax & HOA

Annual Property Tax $5,081 (2026)
Est. Monthly Tax $423/mo

Financial Summary

Cap Rate 12.20%
Net Operating Income $71,919
Gross Scheduled Income $88,800
Gross Rent Multiplier 9.90
Total Expenses $8,081
Vacancy Rate 10.0%

Building & Use

Building Sq Ft 2,124
Leasable Area 4,428 sqft
Total Units 2
Zoning Industrial
Possible Use Industrial
Lot Size 39,640 sqft
Year Built 1983

Exterior & Lot

Lot Size 0.91 sqft
Year Built 1983
Garage 6 spaces
Exterior Materials Wood
Parking RV Parking
Sewer Septic Tank
Water Source Well Needed
Lot Features Dead End Street, Paved
Exterior Features Wood

Community & Access

Directions GPS works fine

Location

City Centralia
County Lewis
Coordinates 46.74768, -122.99870

Additional Information

Tax Year 2026
Annual Taxes $5,081
Possession Array
Listed By
Kyle Graham
Dove Realty, Inc.

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