317 1/2 North Iron Street
Centralia, WA 98531
$369,000
Price
2
Beds
2
Baths
1,080 Sq. Ft.
$342 / Sq. Ft.
1,080
Sq. Ft.
$342
per Sq. Ft.
Listing provided courtesy of Blade Realty LLC
Description
Charming Duplex -Perfect Investment or Owner-Occupied Opportunity! This updated duplex offers a fantastic combination of modern comforts and prime location, just minutes from the college, amenities, and the historic downtown area. With new roof, new flooring, new paint, new plumbing, and new wall heaters, this property is move-in ready with all the heavy lifting already done. Each unit features brand new washer/dryer sets for added convenience, along with some tasteful cosmetic upgrades that enhance...Charming Duplex -Perfect Investment or Owner-Occupied Opportunity! This updated duplex offers a fantastic combination of modern comforts and prime location, just minutes from the college, amenities, and the historic downtown area. With new roof, new flooring, new paint, new plumbing, and new wall heaters, this property is move-in ready with all the heavy lifting already done. Each unit features brand new washer/dryer sets for added convenience, along with some tasteful cosmetic upgrades that enhance the property's appeal. Whether you’re looking for an investment property with strong rental potential or a comfortable home with the option to live in one unit and rent the other, this duplex is the perfect fit.
- Listed by Heather Stewart • Blade Realty LLC
Property Details for 317 1/2 North Iron Street
Community Name
Edison
School DistrictCentralia
Number of Assigned Spaces2
Total Covered Parking0
Entry Date12-12-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 02/12/2025 02:41 PM
Property Details for 317 1/2 North Iron Street
| Status | Active |
|---|---|
| MLS # | 2316265 |
| Days on Market | 92 |
| Cumulative Days on Market | 92 |
| Taxes | $1,278 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1945 |
| Lot Size | 0.05 AC / 2,178 SF |
| County | Lewis County |
Building Information for 317 1/2 North Iron Street
Stories2Residences2Year Built1945Building Size-Lot Size0.05 AC / 2,178 SF
Property Information for 317 1/2 North Iron Street
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Deck, High Speed Internet
- Area: 426 - Centralia
- Directions: I-5 Exit 82 east on Harrison turns into Main then left on N Iron. Duplex is in alley between E Magnolia and E Maple, behind Iron St. Actual address is 317 1/2 N Iron St.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 1.0
- Carport: No
- Open Parking Spaces: 1.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Vinyl, Carpet
- Features: Wall to Wall Carpet
- Cooling: Yes
- Cooling: Wall Unit(s)
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 2640
- Power Company: City of Centralia
- Sewer Company: City of Centralia
- Water Company: City of Centralia
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Class: Multi-Family,Residential
- Possible Use: Multi-Family, Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 14
Lot Information
- Lot Details: Alley
- Lot Size Dimensions: 50x40
- Lot Size Source: Assessor
- Parcel Number Free Text: 001177002000
- Building Condition: Good
- Calculated Square Footage: 1080
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1080.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 1
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 5718.3
- Gross Adjusted Income: 25200
- Gross Rent Multiplier: 14.88
- Gross Scheduled Income: $25,200
- Insurance Expense: $1,800
- Net Operating Income: $19,482
- Other Expenses: $0
- Total Monthly Income: 2100
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 540
- Rent Unit 1: $1,050.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 540
- Rent Unit 2: $1,050.00
- Bedrooms Unit 2: 1
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1080.0
- Leasable Area Units: Square Feet
Property History for 317 1/2 North Iron Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 317 1/2 North Iron Street
Taxable ValueLand$38,000Additions$125,600Total$163,600
Tax Record2023$1,342 ($112 / month)
Home Facts
Baths2Total Finished SqFt1,080 SqFtAbove Ground SqFt1,080 SqFtStories2Lot Size2,178 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945Year Renovated1991CountyLEWISAPN001177002000
Schools near 317 1/2 North Iron Street
This home is within Centralia School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 6 |
Rating | School | Distance |
|---|---|---|
Edison Elementary School PublicK to 6 | ||
Centralia Middle School Public7 to 8 | ||
Centralia High School Public9 to 12 | ||
Washington Elementary School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Blade Realty LLC
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
