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    Well-Maintained Duplex with 6-Car Garage Title is generated by Realmo AI

    601 AYERS St, Kelso, WA 98626

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    For Sale
    $369,000

    MULTI_FAMILY - Kelso, WA

    Property size:
    2,460 SF
    Price / SF:
    $150/SF
    Added:
    Apr 13, 2026
    Days on Market:
    59
    Last Refresh:
    Jun 10 at 9:06 am

    Property Features for 601 AYERS St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R02
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
    Standard status
    Active
    APN
    20381
    Size
    2,460 SF

    Taxes and HOA fees

    Tax Description
    275 (KELSO OLD TOWN) -57 -5 26 -8N -2W
    Tax Annual Amount
    3198

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    2
    Roof type
    Composition

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    Listing Contact
    Rosilee Smith

    Listing agent Rosilee Smith

    Listing office Kelly Right Real Estate Vancouver 2512 E Evergreen Blvd #1022, Spokane, WA

    Listing date Apr 13, 2026

    MLS# 539996528 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex built in 1910 with composition roof and a quiet corner lot setting
    • Main‑level unit: 1,120 SF with 3 bedrooms and 1.5 bathrooms, plus a cozy fireplace
    • Upper unit: 864 SF with 2 bedrooms and 1 bathroom, also with its own fireplace
    • Oversized 6‑car garage for parking and storage
    • Large unfinished basement for additional storage or future expansion
    • Recent exterior paint and interior updates for modern comfort

    Overview

    This well-maintained two-story duplex, built in 1910, offers a versatile setup for either investment or owner-occupancy. The main level unit features 1,120 square feet with three bedrooms and 1.5 bathrooms, along with a cozy fireplace. The upper unit includes 864 square feet with two bedrooms and one bathroom, and it also has its own fireplace, creating warm living spaces throughout. Recent exterior paint supports strong curb appeal, and interior updates provide modern comfort. Beyond the living areas, the property includes a large unfinished basement that can support storage needs today and allows for future expansion ideas.

    Set on a quiet corner lot, the home is positioned near shopping, dining, and everyday amenities. In addition, a new Amazon distribution center is being developed nearby, which the listing notes as a contributor to local growth and rental demand. The property is zoned R02.

    For tenants and operators, the unit mix offers practical flexibility, with a larger main level layout and a separate upper plan, each with a fireplace and its own bedroom and bathroom configuration. For buyers, the oversized six-car garage adds meaningful value for parking and storage, while the unfinished basement gives room to adapt as needs change.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $42.8k $17.40
    − Vacancy −$2.4k −$0.96
    EGI $40.4k $16.44
    − OpEx −$12.1k −$4.93
    NOI $28.3k $11.51
    2,460 SF · lease $17.40/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $404.5K
    $353.9K – $471.9K (±1% cap)
    NOI $28,315 @ 7.0% cap · market cap 7.67%
    Second Best
    Apartment 5plus
    $371.4K
    $325.0K – $433.3K (±1% cap)
    NOI $26,000 @ 7.0% cap · market cap 7.05%
    Theoretical Best
    Office A
    $810.5K
    $709.2K – $945.6K (±1% cap)
    NOI $56,735 @ 7.0% cap · market cap 15.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Kelso
    County
    Cowlitz
    State
    Washington
    Longitude
    -122.905013
    Latitude
    46.150037

    FAQs

    What type of property is this?
    Duplex - Classic two-story duplex with updated interiors, fireplaces in both units, and an oversized six-car garage for flexible income use.
    Where is this duplex located?
    The property is located at 601 AYERS St Kelso, WA.
    What is the asking price?
    The asking price for this property is $369,000.
    What are key features of this property?
    This property features: Duplex built in 1910 with composition roof and a quiet corner lot setting; Main‑level unit: 1,120 SF with 3 bedrooms and 1.5 bathrooms, plus a cozy fireplace; Upper unit: 864 SF with 2 bedrooms and 1 bathroom, also with its own fireplace
    More about this property
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