Property Details
2916 Russell Road
Centralia, WA 98531
$800,000
Active
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Property Overview
Right in the very heart of Ford's Prairie !! Two 3 bedroom 2 bath units plus a craft room (or storage room) inside the fenced patio. No wonder the existing tenants have been there for years. This is a quiet residential neighborhood, but just minutes away from I-5, schools, the Port of Centralia, Borst Park, Safeway, restaurants etc. Everything your tenants need to stay put in these units. Pocket the 4.4% cap rate income and take advantage of real estate appreciation and income tax depreciation allowance. We don't want to unduly disturb the tenants, so viewing and inspections must be scheduled after mutual agreement on price and terms.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Lewis
Neighborhood
Fords Prairie
Listed
Jul 21, 2026
Structure Type
Duplex
Parcel Number
009727005000
Tax & HOA
Annual Property Tax
$5,129 (2026)
Est. Monthly Tax
$427/mo
Financial Summary
Cap Rate
4.40%
Net Operating Income
$35,468
Gross Scheduled Income
$43,620
Gross Rent Multiplier
18.34
Total Expenses
$8,152
Building & Use
Building Sq Ft
3,014
Leasable Area
3,014 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
12,197 sqft
Year Built
2004
Exterior & Lot
Lot Size
0.28 sqft
Year Built
2004
Garage
4 spaces
Exterior Materials
Cement Plank, Wood
Sewer
Sewer Connected
Lot Features
Paved
Exterior Features
Cement Planked, Wood Products
Community & Access
Directions
From Harrison, west on Russell Road.
Location
City
Centralia
County
Lewis
Coordinates
46.73172, -122.99045
Additional Information
Tax Year
2026
Annual Taxes
$5,129
Possession
Array
Based on information submitted to the MLS GRID as of July 29, 2026 2:21 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.
