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Duplex with Fenced Patio
For Sale
$800,000

2916 Russell Road, Centralia, WA 98531

Two three-bedroom residences each include two baths and an additional craft or storage room.

Property SizeContact for details
Days on Market28

Property Features for 2916 Russell Road

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Additional Details

Cap Rate 4.4%
Highway Access Yes

Taxes and HOA fees

Annual Taxes $5,129

Amenities

craft room
fenced patio

Building Details

Tenancy Multi
Listing Agency: On Point Real Estate
Listed By: S Scott Horner · License #11374
Source: Exprealty
Added: Jul 21 Changed: Aug 17 Last Checked: Aug 17 at 5:17AM

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 On Point Real Estate

Investment Insights

Based on property information with market context.

This duplex contains two three-bedroom, two-bath residences. An additional craft or storage room is located within the fenced patio area, providing supplemental space beyond the primary living areas. Existing tenants have remained in place for years.

The property is located at 2916 Russell Road in Centralia, Washington, with access to I-5 and nearby schools, the Port of Centralia, Borst Park, Safeway, and restaurants. The property carries a reported 4.4% cap rate. Viewing and inspections require advance coordination with the parties.

Key Highlights

  • Two‑unit duplex with a 3‑bedroom, 2‑bath layout in each residence
  • Craft or storage room within the fenced patio area
  • Existing tenants have remained in place for years

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Kitchen & Bath Showroom Plumbing Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences each include two baths and an additional craft or storage room.
Where is this duplex located?
The property is located at 2916 Russell Road Centralia, WA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two‑unit duplex with a 3‑bedroom, 2‑bath layout in each residence; Craft or storage room within the fenced patio area; Existing tenants have remained in place for years
More about this property
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