264 N 2nd Street Kalama, WA 98625
264 N 2nd Street
Kalama, WA 98625
$599,900
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
Rare multifamily fourplex opportunity in Kalama! Sits on a 10,498 SF lot two blocks from downtown & features four 2 Bed/1 Bath units with parking in the back. Each unit is equipped with laundry hook-ups, vaulted ceilings & balconies on upper floor units, patios on bottom units, large bedrooms, & oversized living rooms. Historically stable, long-term tenants in place, this property generates consistent income & presents strong upside potential through value-add improvements & rent adjustments to match current market rates. Offered at a 6.7% cap rate & served by Kalama utilities, this is a solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance.
Property Features
Community: Kalama
4-Plex
Exterior: Wood Products
Roof: Composition
Year Built: 1990
2025 Taxes: $4492.00
Buyer Broker Compensation: 2.5%
Listing #: 2416672
Lot Details
Lot Size: 0.24 acres
Curbs
Paved
Sidewalk
No. of Units: 4
Interior
Cooling: None
Heating: Baseboard
Electric
Schools
District: Kalama
Elem: Kalama Elem
Middle: Kalama Jnr Snr High
High: Kalama Jnr Snr High
Call or Email:
Grace Wamwere
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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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