Kelso, WA Multifamily Properties for Sale

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Longview, WA Rainier, OR Castle Rock, WA Kalama, WA Toutle, WA Clatskanie, OR Deer Island, OR Silver Lake, WA

Updated: Apr 13

Duplex with Six-Car Garage

601 AYERS St, Kelso, WA 98626

$369,000

2,460 sqft

2,460‑square‑foot duplex with two separate residential units
Main unit: 1,120 SF, 3 bedrooms, 1.5 bathrooms, and a fireplace
Upper unit: 864 SF, 2 bedrooms, 1 bathroom, and a fireplace
Oversized 6‑car garage provides extensive parking and storage
Large unfinished basement offers additional storage space

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This listing looks promising.

Here's a quick look at some key insights for

601 AYERS St, Kelso, WA 98626

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Est. Cap Rate

7.7%
Above avg (5.9%)
Est. NOI

$28K
Annual
Mortgage

$169K
Apr 2019
Last Sold

Apr 2019
$225K
Property Type

Residential Income
Built 1910

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Updated: Jul 31

Duplex Portfolio with 10 Units

950 WALNUT St, Kelso, WA 98626

$3,600,000

16,200 sqft

Five 2023‑built duplexes totaling 10 fully occupied units
Three units feature 1,494 SF floor plans; two units feature 1,809 SF floor plans
Each unit offers 3 bedrooms and 2.5 bathrooms
Quartz countertops and stainless steel appliances in every unit
Heat pumps with mini‑split heating and cooling systems

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Four-Plex Apartment Building

504 N 7TH Ave, Kelso, WA 98626

$700,000

3,326 sqft 0.12 AC lot

Zoned R2 four-plex with updated coin-operated laundry, covered parking, and a shared balcony for residents.

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Five-Duplex Multifamily Portfolio

950 Walnut, Kelso, WA 98626

$3,600,000

16,200 sqft

Modern duplex portfolio with fully leased units, private yards, garages, and convenient access to I-5.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 4 Active listings in Kelso, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 21 Off-Market properties to explore as potential leads, plus 1 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.

Mixed-Use Investment Building

1232 Commerce Ave, Longview, WA 98632

Contact for pricing

14,920 sqft 0.25 AC lot

Fully occupied mixed-use building with five ground-floor commercial tenants and eight one-bedroom units on the upper floor.

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Apartment Buildings with Townhouse Layout

A-h-157 Nevada Dr, Longview, WA 98632

$1,899,999

Eight rental units feature private courtyards, carports, storage rooms, and washer/dryer hookups in a wooded setting.

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All-Age Manufactured Home Community

74866 Doan Road, Rainier, OR 97048

Contact for pricing

Western Hills Mobile Home Park offers 91 manufactured home spaces with its own private utility system.

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55+ Manufactured Home Community

74380 Fern Hill Road, Rainier, OR 97048

Contact for pricing

Fern View Mobile Home Park is a 26-space 55-and-older manufactured home community in Rainier, Oregon.

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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.

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.

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Off-Market Properties in Kelso, WA

Consider similar Off-Market properties in Kelso, 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.

MOBILE HOME PARK, TRAILER PARK

$160,000

Estimated value

2.32 AC lot

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Kelso, WA Multifamily Properties Market Trends and Statistics

Explore 25 multifamily properties for sale in Kelso, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 38,186 square feet of properties for sale, with an estimated market value of $8,269,000.

Sale prices for multifamily properties in Kelso, WA start at $369,000, averaging $2,067,250, and reaching up to $3,600,000 — 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

Demographics Overview

Population 27K

Population Growth (5Y) +12.0%

Median Household Income $70,058

College Educated 18.9%

High-Yield Neighborhoods for Investment

Identify Kelso submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
98626	$1.5M

Taxes & Financing

Tax Rate (average for all types) 1.13%

Property Tax per SF $10.46 per SF

Tax Rate vs County Average 0.31 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cowlitz County

New Delisted

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Kelso, WA Multifamily Properties for Sale

601 AYERS St, Kelso, WA 98626

950 WALNUT St, Kelso, WA 98626

504 N 7TH Ave, Kelso, WA 98626

950 Walnut, Kelso, WA 98626

Opportunities in Nearby Cities

1232 Commerce Ave, Longview, WA 98632

A-h-157 Nevada Dr, Longview, WA 98632

74866 Doan Road, Rainier, OR 97048

74380 Fern Hill Road, Rainier, OR 97048

Potential Development Sites for Consideration

Cougar St, Vernonia, OR 97064

Off-Market Properties in Kelso, WA

1016 11th Ave, Kelso, WA 98626-2847

115 Beauvais Rd, Kelso, WA 98626-9734

214 Holcomb Ave, Kelso, WA 98626-4029

214 Holcomb Ave, Kelso, WA 98626-4029

214 Holcomb Ave, Kelso, WA 98626-4029

214 Holcomb Ave, Kelso, WA 98626-4029

507 Colorado St, Kelso, WA 98626-5528

507 Colorado St, Kelso, WA 98626-5528

507 Colorado St, Kelso, WA 98626-5528

303 Hawthorne St, Kelso, WA 98626-1533

1015 Allen St, Kelso, WA 98626-4400

151 Cowlitz Gdns, Kelso, WA 98626-4018

1965 Westside Hwy, Kelso, WA 98626-1961

1965 Westside Hwy, Kelso, WA 98626-1961

Kelso, WA 98626

1450 Westside Hwy, Kelso, WA 98626-1870

1206 Coweeman Ln, Kelso, WA 98626-3004

2506 Allen St, Kelso, WA 98626-5416

2500 Allen St, Kelso, WA 98626-5416

1635 Westside Hwy, Kelso, WA 98626-1871

Kelso, WA Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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