Modern Two-Unit
For Sale
$725,000
957 WILLOW St, Kelso, WA 98626
MultiFamily, Kelso, WA
Property Size2,988 SF
Price / SF$242.64
Days on Market49
Property Features for 957 WILLOW St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 6, Bathroom 6, Bathroom 1, Bathroom 5, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 4, Bedroom 2
Elementary school
Wallace
Middle school
Coweeman
High school
Kelso
Directions
Walnut St & Willow St, Kelso
Subdivision
_82
Standard status
Active
APN
23652
Size
2,988 SF
Taxes and HOA fees
Tax Description
595 (WALLACE AC TR 2) -94B, 95A 35 -8N -2W E 64 FT OF S 100 FT OF
Tax Annual Amount
7110
Legal Description
595 (WALLACE AC TR 2) -94B, 95A 35 -8N -2W E 64 FT OF S 100 FT OF
Utilities
Heating system
Forced Air, Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
2023
Floors in Building
2
Number of units
2
Roof type
Composition
Listing Agency:
Real Broker LLC
(855) 450-0442
Listed By:
Daniel Belza · License #132688
(360) 953-9933
Added: Aug 27
Changed: Oct 14
Last Checked: Oct 14 at 11:06AM
MLS# 495678572
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.
Built in 2023, this duplex contains two residences totaling 2,988 square feet, with 1,494 square feet per unit. Each home offers three bedrooms, 2.5 bathrooms, quartz countertops, stainless steel appliances, walk-in closets, walk-in showers, and a heat-pump system with mini-split heating and cooling. Fully fenced backyards, garages, and extended driveways add practical private-use and parking features. The property is zoned Multi and is currently leased.
Located at 957 Willow St in Kelso, Washington, the property provides quick access to I-5 along with grocery stores, shopping, dining, schools, a nearby golf course, and other everyday amenities. The composition roof and recently completed construction contribute to a straightforward physical profile for multifamily ownership.
Located at 957 Willow St in Kelso, Washington, the property provides quick access to I-5 along with grocery stores, shopping, dining, schools, a nearby golf course, and other everyday amenities. The composition roof and recently completed construction contribute to a straightforward physical profile for multifamily ownership.
Key Highlights
- Duplex with 2,988 SF total and 1,494 SF per unit
- Each unit includes 3 bedrooms and 2.5 bathrooms
- Built in 2023; zoned Multi
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,392
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,840
$687.8K
Cap Rate 7%
$491,314
$491.3K
Cap Rate 9%
$382,133
$382.1K
Market Conditions
NOI Build-Up for 2,988 SF
Gross rent
$52.0K $17.40/SF
− Vacancy
−$2.9K −$0.96/SF
EGI
$49.1K $16.44/SF
− OpEx
−$14.7K −$4.93/SF
NOI
$34.4K $11.51/SF
Area
Cowlitz County, WA
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,840
Cap Rate 7%
$491,314
Cap Rate 9%
$382,133
Alternative Uses
Best Use
Multifamily LT 5
$491.3K
$429.9K – $573.2K
NOI $34,392 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$451.2K
$394.8K – $526.4K
NOI $31,581 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$984.5K
$861.4K – $1.15M
NOI $68,912 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Explore this area
Business Placement
Demographics for 98626, WA
26,291
Population
10,642
Households
2.5
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
134.6 sq mi
ZIP Area
195
Density / Sq Mi
$70,058
Median Household Income
$40,996
Median Earnings
$1,169
Median Rent
$339,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Recently built duplex with updated interiors, private fenced yards, garages, and convenient access to daily amenities.
Where is this duplex located?
The property is located at 957 WILLOW St Kelso, WA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Duplex with 2,988 SF total and 1,494 SF per unit; Each unit includes 3 bedrooms and 2.5 bathrooms; Built in 2023; zoned Multi
