Property Details
504 N 7th Avenue
Kelso, WA 98626
$720,000
Active
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Property Overview
Fantastic Investment Opportunity! This 4-Plex will make the perfect addition to your property portfolio! The property maintains a 7.2 CAP rate and has excellent cash flow. All units are currently rented, with a strong long-term tenant history. All units are well-maintained and in great shape! All units have 2 bedrooms, 1 bath, as well as a dedicated storage unit and covered parking space. The complex has a huge balcony, and the laundry room has a new electrical panel and a dedicated hot water tank. The coin-operated laundry produces additional income! Don't miss out on your chance to obtain this wonderful asset!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Cowlitz
Neighborhood
Old Kelso Hill
Listed
Feb 12, 2026
Original Price
$725,000
Financial Summary
Cap Rate
7.20%
Net Operating Income
$52,318
Gross Scheduled Income
$64,140
Gross Rent Multiplier
11.30
Total Expenses
$11,180
Vacancy Rate
1.0%
Building & Use
Building Sq Ft
3,326
Leasable Area
3,326 sqft
Total Units
4
Zoning
Residential
Possible Use
Residential
Lot Size
5,001 sqft
Year Built
1966
Exterior & Lot
Lot Size
0.11 sqft
Year Built
1966
Garage
4 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Wood
Location
City
Kelso
County
Cowlitz
Coordinates
46.14735, -122.90490
Additional Information
Tax Year
2025
Annual Taxes
$5,807
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 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.
