Property Details

572 Columbia Street
Cathlamet, WA 98612
$699,900
MLS# 2340755 courtesy of NWMLS Listing firm: RE/MAX Premier Group

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572 Columbia Street , Cathlamet, WA 98612, Cathlamet

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572 Columbia Street , Cathlamet, WA 98612, Cathlamet

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Multi-Family
Property Type
2,924
Bldg Sq Ft
3
Units
5.30%
Cap Rate
2024
Year Built

Property Overview

*UNIQUE OPPORTUNITY ALERT* This is a new construction Triplex built in 2024 situated on a rivers edge with amazing VIEWS! Watch the boats float by and the sunsets from every level. Every unit consists of high end finishes, quarts counters, and all appliances owned by seller. Top 2 units are 2 bed 2bath units and the bottom unit is a 1bd 1ba. This could be a great long term investment, you could live in one unit and collect rent on the other 2 units, or maybe you need to utilize all 3 units to yourself? Triplexs can sometimes be finaced as a single family residence. Talk to your local lender today!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Wahkiakum
Neighborhood Cathlamet
Listed Mar 6, 2025
Original Price $875,000
Structure Type Duplex
New Construction Yes
Parcel Number 110806110070

Tax & HOA

Annual Property Tax $1,596 (2025)
Est. Monthly Tax $133/mo

Financial Summary

Cap Rate 5.30%
Net Operating Income $37,189
Gross Scheduled Income $52,800
Gross Rent Multiplier 13.25
Total Expenses $15,611

Building & Use

Building Sq Ft 2,924
Leasable Area 3,100 sqft
Total Units 3
Lot Size 12,537 sqft
Year Built 2024

Exterior & Lot

Lot Size 0.29 sqft
Year Built 2024
Exterior Materials Cement Plank
Sewer Sewer Connected
Exterior Features Cement Planked

Community & Access

Directions Ocean Beach, left Columbia St, property on left

Location

City Cathlamet
County Wahkiakum
Coordinates 46.19696, -123.37869

Additional Information

New Construction Yes
Tax Year 2025
Annual Taxes $1,596
Possession Array
Listed By
Jesse Cope
RE/MAX Premier Group

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