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$625,000
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Property Description
Turnkey 5-unit multifamily investment property in Centralia, WA, near the desirable Edison District. This well-maintained property is in a high-demand area with long-term value. Just minutes from downtown shopping, dining, and amenities. Features four spacious identical 1-bedroom units and one smaller 1-bedroom unit, high ceilings, big windows, on-site laundry, ample parking as well as a large fenced yard with possibility for expansion. Strong rental history with reliable tenants. Ideal for new or seasoned investors seeking steady income. Financials available upon request. Significant upgrades completed between 2017-2019, including new roof, siding, paint, plumbing, electrical, windows, and doors.
Full Property Details
Full Property Details for 111 W 3rd St
General
- Sold For: $625,000
- Taxes: $3,143 (2024)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2346325
- Added to Site: 301 day(s) ago
Parking
- Covered Spaces: 4
- Uncovered Spaces: 4
Location
- Area: 426 - Centralia
- County: Lewis
- Subdivision: Centralia
- Building Name: RAILROAD ADD
- Driving Directions: South bound on I5 us exit 82. L at stoplight onto Harrison Ave. L on W 1st St. L on N Tower Ave. 2nd L on W 3rd St. Property is on the R.
School Information
- High School District: Centralia
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Wall Unit(s)
Utilities
- Sewer: Sewer Connected
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Cement Planked
- Foundation: Poured Concrete
- Roof: Composition
- Year Built: 1935
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Size Source: TAX ASSESSOR
- Lot Dimensions: 68 x 125
- Lot Features: Paved, Sidewalk
Financial Considerations
- Tax Amount: $3,143
- Tax Year: 2024
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 1648000000
- Block: 34
- Lot Number: 12-16
Listed by Alexis Martz | TRELORA Realty, Inc. | (206) 971-2400
Sold by Scott Horner | On Point Real Estate
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Schools
Schools serving 111 W 3rd St
School District:Centralia School District
| Name | Grades | Distance |
|---|---|---|
Centralia Middle School 901 Johnson Road, Centralia, WA 98531 | 7-8 | 1.4 mi |
Centralia High School 813 Eshom Road, Centralia, WA 98531 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 W 3rd St
Date
Details
Price
Change
Source
8/19/2025
Sold
$625,000
-2.34%
MLS
3/21/2025
Listed
$640,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
111 West 3rd Street, Centralia, WA 98531 (MLS# 2346325) is a Multi-Family property that was sold at $625,000 on August 19, 2025. Want to learn more about 111 West 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Centralia? You can browse all Centralia real estate or contact a Coldwell Banker agent to request more information.

