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$585,000

  • For Sale
  • Active
  • Multi-Family

Listed by Chris Roewe | Woodford Commercial RE | (360) 501-5500

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Rare investment opportunity with this double duplex package in Kelso, situated on a spacious 25,700 SF lot with a serene, wooded backdrop, at the end of a dead-end road. The lower duplex features a classic oversized side-by-side layout with two 1-bed/1-bath units, each offering a covered patio & carport parking. The upper duplex offers a multilevel design, including one 2-bed/2-bath unit & one 2-bed/1-bath unit, with three car garage for covered parking. Each unit is equipped with laundry hook-ups for added convenience. Currently offered at a 6% cap rate & presents strong upside potential through value-add improvements and rent adjustments to match current market rates.

Full Property Details for 1921 Teresa Way

General

  • Price: $585,000
  • Taxes: $4,195 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2410438
  • Updated: 10/30/2025
  • Added to Site: 180 day(s) ago

Interior

  • Flooring: Laminate, Carpet

Additional Information

  • Amenities: Cable TV, Deck

Parking

  • Carport Spaces: 2
  • Covered Spaces: 2
  • Uncovered Spaces: 2

Location

  • Area: 415 - Ostrander
  • County: Cowlitz
  • Subdivision: Kelso
  • Driving Directions: I-5 N, Exit Allen St, Turn Right on Allen St, Left on N Minor Rd, Right on Teresa Way, Destination will be at the end of gravel road

School Information

  • High School District: Kelso
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood, Wood Products
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 3,984
  • Year Built: 1968
  • Property Condition: Good

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.59
  • Lot Size (Sq. Ft.): 25,700
  • Lot Size Source: Public Records
  • Lot Features: Dead End Street, Secluded
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $4,195
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 24300200

Listed by Chris Roewe | Woodford Commercial RE | (360) 501-5500

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Schools serving 1921 Teresa Way

School District:Kelso School District
NameGradesDistance
Barnes Elementary School, Kelso, WA
401 Barnes Street, Kelso, WA 98626
K-50.4 mi
Huntington Middle School
500 Redpath Street, Kelso, WA 98626
6-80.4 mi
Kelso High School
1904 Allen Street, Kelso, WA 98626
9-121.3 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 1921 Teresa Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/30/2025
Price Increased
$585,000
6.36%
MLS
7/21/2025
Listed
$550,000
129.17%
MLS
9/21/2015
Sold
$240,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1921 Teresa Way

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,952
16%
$423,470
22%
2021
$3,394
-13%
$347,490
-11%
2023
$3,882
14%
$390,930
37%
2021
$3,394
-11%
$285,440
-11%
2020
$3,804
26%
$320,468
32%
2019
$3,010
-9%
$242,780
—
2018
$3,304
25%
$242,780
25%
2017
$2,641
-1%
$194,220
—
2016
$2,658
-3%
$194,220
—
2014
$2,754
—
$194,220
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Chris Roewe | Woodford Commercial RE | (360) 501-5500

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1921 Teresa Way, Kelso, WA 98626 (MLS# 2410438) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1921 Teresa Way is currently listed for $585,000 and was received on July 21, 2025. Want to learn more about 1921 Teresa Way? Do you have questions about finding other Multi-Family real estate for sale in Kelso? You can browse all Kelso real estate or contact a Coldwell Banker agent to request more information.

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