Modern Duplex with Two-Car
For Sale
$709,000
202 Scott St Unit A & B, Centralia, WA 98531
Built in 2020, the property includes granite kitchen countertops, custom cabinetry, and a fenced backyard.
Property Size3,578 SF
Price / SF$198.16
Days on Market9
Property Features for 202 Scott St Unit A & B
General Information
Standard status
Active
Size
3,578 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
fenced backyard
Building Details
Year Built
2020
Listing Agency:
Real Estate Marketing Group
Listed By:
Trina Homan
(360) 748-8800
Source:
Heartandhomesnw
Added: Oct 9
Changed: Oct 16
Last Checked: Oct 16 at 9:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Marketing Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2020-built duplex contains 3,578 square feet and has kitchens finished with granite countertops and custom cabinetry. A two-car garage serves the property, and the fenced backyard provides outdoor space for residents.
Key Highlights
- 3,578‑square‑foot duplex
- Built in 2020
- Granite kitchen countertops and custom cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,262
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,240
$765.2K
Cap Rate 7%
$546,600
$546.6K
Cap Rate 9%
$425,133
$425.1K
Market Conditions
NOI Build-Up for 3,578 SF
Gross rent
$58.0K $16.20/SF
− Vacancy
−$3.3K −$0.92/SF
EGI
$54.7K $15.28/SF
− OpEx
−$16.4K −$4.58/SF
NOI
$38.3K $10.69/SF
Area
Lewis County, WA
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,240
Cap Rate 7%
$546,600
Cap Rate 9%
$425,133
Alternative Uses
Best Use
Multifamily LT 5
$546.6K
$478.3K – $637.7K
NOI $38,262 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$504.2K
$441.2K – $588.3K
NOI $35,295 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$1.09M
$954.9K – $1.27M
NOI $76,392 @ 7.0% cap · market cap 10.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 98531, WA
26,669
Population
11,070
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
129.2 sq mi
ZIP Area
206
Density / Sq Mi
$61,963
Median Household Income
$37,330
Median Earnings
$1,068
Median Rent
$285,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2020, the property includes granite kitchen countertops, custom cabinetry, and a fenced backyard.
Where is this duplex located?
The property is located at 202 Scott St Unit A & B Centralia, WA.
What is the asking price?
The asking price for this property is $709,000.
What are key features of this property?
This property features: 3,578‑square‑foot duplex; Built in 2020; Granite kitchen countertops and custom cabinetry
