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504 N 7th Ave, Kelso, WA 98626

Kelso
Local realty services provided by:CENTURY 21 Agate Realty
504 N 7th Ave,Kelso, WA 98626
$700,000
  • - Beds
  • - Baths
  • 3,326 sq. ft.
  • Multi-family
  • Active
Listed by: david thelin
Office: windermere northwest living360-993-2222
MLS#:274357666
Source:PORTLAND

Price summary

  • Price:$700,000
  • Price per sq. ft.:$210.46

About this home

Fantastic investment opportunity! This well-maintained 4-plex is a strong, turnkey addition to any rental portfolio, offering solid income and a current cap rate of approximately 7.5% with excellent cash flow. The property has a history of stable, long-term tenants and shows pride of ownership throughout. Three units feature 2 bedrooms and 1 bath, each with a dedicated storage unit and covered parking space. The fourth unit has been thoughtfully converted to a 3-bedroom, expanding rental potential and versatility. Residents enjoy a large shared balcony, and the on-site laundry room has been updated with a new electrical panel and its own hot water tank. The coin-operated laundry provides reliable additional income. Opportunities like this don’t come along often—secure this high-performing asset for your portfolio today.

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Home facts

  • Year built:1966
  • Subdivision & Development:Old Kelso Hill
  • Listing ID #:274357666
  • Added:243 day(s) ago
  • Updated:October 14, 2026 at 12:07 PM

Rooms and interior

  • Basement Description:Crawl Space
  • Living area:3,326 sq. ft.

Structure and exterior

  • Roof:Flat, Tar Gravel
  • Year built:1966
  • Building area:3,326 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Commons, Level, Public Road
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Kelso
  • Middle school:Huntington
  • Elementary school:Barnes

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$210.46
  • Tax amount:$5,471 (2024)

Parking

  • Total parking spaces:4
  • Parking description:Carport, Covered
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than CENTURY 21 Agate Realty are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: October 14, 2026 PORTLAND Member Broker: Rebecca Watwood PC

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