Duplex with Fenced
New
For Sale
$709,000
202 Scott Street #A&B, Centralia, WA 98531
The kitchens feature granite countertops and custom cabinetry, with a two-car garage serving the property.
Property Size3,578 SF
Price / SF$198.16
Days on Market5
Property Features for 202 Scott Street #A&B
General Information
Standard status
Active
Size
3,578 SF
Total Parking Spaces
8
Property subtype
Residential Income
Zoning
Multi-Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,221
Amenities
granite countertops
custom cabinets
fenced backyard
Cement Planked
Building Details
Building Size
3,578 SF
Year Built
2020
Buildings
1
Stories
2
Units
2
Listing Agency:
Real Estate Marketing Group
(360) 748-8800
Listed By:
Trina Homan
(360) 561-9533
Source:
Frosthometeam
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 23 at 5:50PM
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
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Investment Insights
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Built in 2020, this duplex has kitchens finished with granite countertops and custom cabinetry. The property also includes a two-car garage and a fenced backyard.
Zoned Multi-Family, the property is located at 202 Scott Street #A&B in Centralia, Washington.
Zoned Multi-Family, the property is located at 202 Scott Street #A&B in Centralia, Washington.
Key Highlights
- Built in 2020
- Granite countertops and custom cabinetry in the kitchens
- Two‑car garage
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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The kitchens feature granite countertops and custom cabinetry, with a two-car garage serving the property.
Where is this duplex located?
The property is located at 202 Scott Street #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: Built in 2020; Granite countertops and custom cabinetry in the kitchens; Two‑car garage
