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    Centralia, WA
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    Centralia, WA Multifamily Properties for Sale

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    Chehalis, WA Rochester, WA Bucoda, WA Grand Mound, WA Tenino, WA Onalaska, WA Olympia, WA Winlock, WA
    Two-Story Brick Mixed-Use Building
    Updated: Jul 9
    Two-Story Brick Mixed-Use Building

    208 Centralia College Blvd, Centralia, WA 98531

    $900,000
    6,945 sqft
    Two‑story masonry building in the walkable Historic Downtown District with classic brick exterior
    Flexible main‑level layout suitable for retail, office, healthcare, or creative commercial uses
    Generates immediate supplemental income from two existing residential apartments
    Located on Centralia College Boulevard with prominent street frontage and exposure to pedestrian and vehicle traffic near Pearl Street corridor
    Available for possession at closing; vacancy expected in late October
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Centralia, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Income Property
    Residential Income Property

    6146 Waldrick Road Southeast, Tenino, WA 98589

    $959,000
    4,808 sqft

    For-sale residential income multifamily property at 6146 Waldrick Road Southeast in Tenino, WA.

    View details
    Iconic Tavern with Apartments Above
    Iconic Tavern with Apartments Above

    210 4th Ave E, Olympia, WA

    $1,825,000
    10,800 sqft 0.12 AC lot

    Tavern with commercial kitchen and 12 apartments above.

    View details
    Well-Maintained Duplex in Tumwater Neighborhood
    Well-Maintained Duplex in Tumwater Neighborhood

    261 65th Court SW #263, Olympia, WA 98501

    $510,000
    0.21 AC lot

    Duplex with two units, garages, fenced yards, great location.

    View details
    Turnkey Mobile Home Park Investment
    Turnkey Mobile Home Park Investment

    1098 Old Highway 99, Tenino, WA 98589

    $745,000

    Well-maintained mobile home park with immediate income and growth potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lexington Westside Highway RV Resort
    Lexington Westside Highway RV Resort

    1820 West Side Hwy, Kelso, WA 98626

    Contact for pricing
    20.00 AC lot

    Proposed 184-space RV resort with river access in Lexington.

    View details
    RV-Ready Lot Near Pacific Ocean
    RV-Ready Lot Near Pacific Ocean

    33702 G Street, Ocean Park, WA 98640

    $109,000

    RV-ready lot with canal frontage near the Pacific Ocean.

    View details
    Vernonia Land with Development Potential
    Vernonia Land with Development Potential

    Cougar St, Vernonia, OR 97064

    $899,000
    10.43 AC lot

    10.43 acres in Vernonia, OR, ideal for residential development.

    View details
    Sequim Land with Panoramic Views
    Sequim Land with Panoramic Views

    463 Miller Road, Sequim, WA 98382

    $1,199,000
    9.90 AC lot

    9.9 acres with saltwater, mountain, and city views.

    View details

    Off-Market Properties in Centralia, WA

    Consider similar Off-Market properties in Centralia, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3316 Harrison Ave
    MOBILE HOME PARK, TRAILER PARK

    3316 Harrison Ave, Centralia, WA 98531

    $7,730,000
    Estimated value
    0.61 AC lot
    View details
    1104 Scammon Crk Rd
    APARTMENT HOUSE (5+ UNITS)

    1104 Scammon Crk Rd, Centralia, WA 98531-8814

    $895,000
    Estimated value
    1,660 sqft 4.89 AC lot
    View details
    21612 Oregon Trl
    MOBILE HOME PARK, TRAILER PARK

    21612 Oregon Trl, Centralia, WA 98531-9617

    $840,000
    Estimated value
    1,419 sqft 5.24 AC lot
    View details
    701 Tower Ave
    APARTMENT HOUSE (5+ UNITS)

    701 Tower Ave, Centralia, WA 98531-2510

    Value Estimation by Request
    1,920 sqft 0.30 AC lot
    View details
    1208 Alder St
    MOBILE HOME PARK, TRAILER PARK

    1208 Alder St, Centralia, WA 98531-1017

    Value Estimation by Request
    1.63 AC lot
    View details
    21621 Old Hwy 99th SW
    MOBILE HOME PARK, TRAILER PARK

    21621 Old Hwy 99th SW, Centralia, WA 98531-8608

    $850,000
    Estimated value
    3.72 AC lot
    View details
    2700 Colonial Dr
    BOARDING/ROOMING HOUSE

    2700 Colonial Dr, Centralia, WA 98531-8869

    $2,655,000
    Estimated value
    33,988 sqft 3.77 AC lot
    View details
    1009 Tower Ave
    APARTMENT HOUSE (5+ UNITS)

    1009 Tower Ave, Centralia, WA 98531-4904

    Value Estimation by Request
    2,483 sqft 0.15 AC lot
    View details
    724 Pearl St
    APARTMENT HOUSE (5+ UNITS)

    724 Pearl St, Centralia, WA 98531-4701

    Value Estimation by Request
    2,207 sqft 0.22 AC lot
    View details
    303 Pne St
    APARTMENT HOUSE (5+ UNITS)

    303 Pne St, Centralia, WA 98531-4201

    $1,320,000
    Estimated value
    17,796 sqft 0.45 AC lot
    View details
    Brotherson Rd
    APARTMENT HOUSE (5+ UNITS)

    Brotherson Rd, Centralia, WA 98531

    Value Estimation by Request
    6,560 sqft 0.62 AC lot
    View details
    1414 Alexander St
    APARTMENT HOUSE (5+ UNITS)

    1414 Alexander St, Centralia, WA 98531

    Value Estimation by Request
    View details
    1419 Alexander St
    APARTMENT HOUSE (5+ UNITS)

    1419 Alexander St, Centralia, WA 98531-1307

    Value Estimation by Request
    View details
    1100 Pearl St
    APARTMENT HOUSE (5+ UNITS)

    1100 Pearl St, Centralia, WA 98531-2346

    $1,885,000
    Estimated value
    12,000 sqft 1.24 AC lot
    View details
    1014 Scheuber Rd
    APARTMENT HOUSE (5+ UNITS)

    1014 Scheuber Rd, Centralia, WA 98531-1509

    $8,780,000
    Estimated value
    4,420 sqft 3.91 AC lot
    View details
    20333 Old Hwy 99th SW
    MOBILE HOME PARK, TRAILER PARK

    20333 Old Hwy 99th SW, Centralia, WA 98531-9680

    $525,000
    Estimated value
    0.77 AC lot
    View details
    20333 Old Hwy 99th SW
    APARTMENT HOUSE (5+ UNITS)

    20333 Old Hwy 99th SW, Centralia, WA 98531-9680

    $545,000
    Estimated value
    3,084 sqft 0.57 AC lot
    View details
    20333 Old Hwy 99th SW
    MOBILE HOME PARK, TRAILER PARK

    20333 Old Hwy 99th SW, Centralia, WA 98531-9680

    $550,000
    Estimated value
    352 sqft 0.87 AC lot
    View details
    Harrison Ave
    MOBILE HOME PARK, TRAILER PARK

    Harrison Ave, Centralia, WA 98531

    $1,375,000
    Estimated value
    0.29 AC lot
    View details
    125 Sawall W Ave
    APARTMENT HOUSE (5+ UNITS)

    125 Sawall W Ave, Centralia, WA 98531-9203

    Value Estimation by Request
    1,407 sqft 1.40 AC lot
    View details
    215 Rock St
    APARTMENT HOUSE (5+ UNITS)

    215 Rock St, Centralia, WA 98531-4366

    Value Estimation by Request
    2,673 sqft 0.16 AC lot
    View details
    509 Rock St
    APARTMENT HOUSE (5+ UNITS)

    509 Rock St, Centralia, WA 98531-4672

    $2,705,000
    Estimated value
    1,372 sqft 0.34 AC lot
    View details
    3515 Ives Rd
    MOBILE HOME PARK, TRAILER PARK

    3515 Ives Rd, Centralia, WA 98531-9398

    $1,940,000
    Estimated value
    7.94 AC lot
    View details

    Centralia, WA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Centralia, WA on our real estate platform. These investment opportunities span a total of 6,945 square feet of properties for sale, with an estimated market value of $900,000.

    Sale prices for multifamily properties in Centralia, WA start at $900,000, averaging $900,000, and reaching up to $900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) +8.3%
    Median Household Income $61,963
    College Educated 28.7%

    Taxes & Financing

    Tax Rate (average for all types) 0.76%
    Property Tax per SF $8.31 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Centralia fall within the 100,000+ square foot range.

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