Property Details
517 Center Street
Centralia, WA 98531
$424,900
Active
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Property Overview
Whether you're looking to invest or owner-occupy, this charming duplex is full of opportunity! Situated on a spacious corner lot in a highly desirable neighborhood, this well-maintained property offers a strong rental history and an ideal layout. Each unit features 2 generously sized bedrooms, 1 full bath, and comfortable living spaces designed for everyday living. Recent updates include a newer roof and plumbing, providing added peace of mind. A detached garage, ample off-street parking, and close proximity to schools, shopping, restaurants, and everyday amenities make this a standout investment. Live in one unit and rent the other, or add this turnkey duplex to your investment portfolio!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Lewis
Neighborhood
Centralia
Listed
Jul 31, 2026
Structure Type
Duplex
Parcel Number
001155000000
Tax & HOA
Annual Property Tax
$3,449 (2026)
Est. Monthly Tax
$287/mo
Financial Summary
Cap Rate
8.40%
Net Operating Income
$35,683
Gross Scheduled Income
$45,600
Gross Rent Multiplier
9.30
Total Expenses
$9,917
Building & Use
Building Sq Ft
2,344
Leasable Area
2,344 sqft
Total Units
2
Lot Size
7,841 sqft
Year Built
1930
Exterior & Lot
Lot Size
0.18 sqft
Year Built
1930
Garage
2 spaces
Exterior Materials
Wood
Parking
RV Parking
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Paved, Sidewalk
Exterior Features
Wood
Community & Access
Directions
**GPS**
Location
City
Centralia
County
Lewis
Coordinates
46.72125, -122.95827
Additional Information
Tax Year
2026
Annual Taxes
$3,449
Possession
Array
Based on information submitted to the MLS GRID as of July 31, 2026 7:15 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.
