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    116 S Chehalis St Montesano, WA 98563

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    For Sale
    $675,000

    Eight units across four buildings on a large lot.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Portfolio on Large Lot

    This property features eight units situated on a large lot of almost 20,000 square feet. The property includes four separate buildings: a four-plex, a duplex, and two single-family residences. Located in a sought-after location, this portfolio offers investment potential. The versatile portfolio presents opportunities for income generation.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Montesano
    County
    Grays Harbor
    State
    Washington
    Longitude
    -123.595007
    Latitude
    46.981338

    Nearby Similar for Sale

    • $1,000,000
      0.59 Acres

      Prime Montesano Commercial Building

      Historic Downtown Gem, Exceptional Condition
      116 Marcy Ave, Montesano, WA 98563
      View Details
    • $389,900
      2,362 SF

      Montesano Duplex Investment

      Prime location, two-unit rental property.
      418 Pioneer Ave, Montesano, WA 98563
      View Details

    FAQs

    What type of property is this?
    Apartment building - Eight units across four buildings on a large lot.
    Where is this apartment building located?
    The property is located at 116 S Chehalis St Montesano, WA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Large 20,000 sq ft lot.; - Consists of 8 units across 4 separate buildings.; - Includes a 4-plex, a duplex, and two single-family residences.
    Request Owner's contact information
    116 S Chehalis St Montesano, WA 98563
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 S Chehalis St Montesano, WA 98563
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