Well-Maintained Duplex with 6-Car
601 AYERS St Kelso, WA 98626
For Sale
$369,000
MULTI_FAMILY - Kelso, WA
Property Size2,460 SF
Price / SF$150
Days on Market104
Property Features for 601 AYERS St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R02
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1
- 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
Listing Agency:
Kelly Right Real Estate Vancouver
(503) 719-6056
Listed By:
Rosilee Smith
(360) 901-5735
Added: Apr 13
Changed: Jul 21
Last Checked: Jul 25 at 6:06PM
MLS# 539996528
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.
Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- 1910 duplex with two units: main level 1,120 SF (3 bedrooms, 1.5 bathrooms) and upper unit 864 SF (2 bedrooms, 1 bathroom)
- Each unit includes a fireplace
- Oversized 6‑car garage for parking and storage
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
NOI $28,315 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$371.4K
$325.0K – $433.3K
NOI $26,000 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$810.5K
$709.2K – $945.6K
NOI $56,735 @ 7.0% cap · market cap 15.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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: 1910 duplex with two units: main level 1,120 SF (3 bedrooms, 1.5 bathrooms) and upper unit 864 SF (2 bedrooms, 1 bathroom); Each unit includes a fireplace; Oversized 6‑car garage for parking and storage
