101 Spencer Creek Road Kalama, WA 98625
101 Spencer Creek Road
Kalama, WA 98625
$699,900
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
This fourplex, located in the beautiful hills of Kalama, is approx. 4,500 SF & sits on a large corner lot with approx. 23,522 SF. Features four 3 Bed/1 Bath units, patios on bottom units, decks for the upper units, & a four-car carport. Shared laundry room & hook-up in one of the units for added convenience. With stable, long-term tenants already in place, this property generates consistent income & presents strong upside potential through continued value-add improvements & rent adjustments to match current market rates. Currently offered at a 7% CAP Rate & served by Kalama water & septic, 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: 1966
2025 Taxes: $4485.00
Buyer Broker Compensation: 2.5%
Listing #: 2418490
Lot Details
Lot Size: 0.54 acres
Corner Lot
Paved
No. of Units: 4
Interior
Cooling: None
Heating: Other – See Remarks
Electric
Schools
District: Kalama
Elem: Kalama Elem
Middle: Kalama Jnr Snr High
High: Kalama Jnr Snr High
Call or Email:
Grace Wamwere
What's Near 101 Spencer Creek Road Kalama, WA 98625?

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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