504 North 7th Avenue
Kelso, WA 98626
$639,900
Price
8
Beds
4
Baths
3,326 Sq. Ft.
$192 / Sq. Ft.
3,326
Sq. Ft.
$192
per Sq. Ft.
Listing provided courtesy of Terrafin
Description
Great 4 Plex Investment Opportunity! All units are rented and well-maintained. Each unit has its own fireplace and dedicated on-site storage unit. Plenty of parking, huge balcony for units and laundry room has a new electrical panel and hot water tank. Enjoy covered parking for 4 with large attached carport. Coin operated laundry produces additional income! Don't miss out on this chance to gain instant equity with your new cash flowing asset!Great 4 Plex Investment Opportunity! All units are rented and well-maintained. Each unit has its own fireplace and dedicated on-site storage unit. Plenty of parking, huge balcony for units and laundry room has a new electrical panel and hot water tank. Enjoy covered parking for 4 with large attached carport. Coin operated laundry produces additional income! Don't miss out on this chance to gain instant equity with your new cash flowing asset!
- Listed by Dennis Folk • Terrafin
Property Details for 504 North 7th Avenue
Community Name
Longview
School DistrictKelso
Number of Assigned Spaces4
Total Covered Parking4
Entry Date10-18-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/13/2024 12:17 PM
Property Details for 504 North 7th Avenue
| Status | Active |
|---|---|
| MLS # | 2303023 |
| Days on Market | 35 |
| Cumulative Days on Market | 34 |
| Taxes | $5,471 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1966 |
| Lot Size | 0.12 AC / 5,022 SF |
| County | Cowlitz County |
Building Information for 504 North 7th Avenue
Stories2Residences4Year Built1966Building Size-Lot Size0.12 AC / 5,022 SF
Property Information for 504 North 7th Avenue
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Fenced-Partially
- Area: 411 - Robert Gray/Mint Valley
- Block: 33
- Elementary School: Barnes Elem
- Middle Or Junior School: Buyer To Verify
- High School: Kelso High
- Effective Year Built Source: Public Records
- Directions: From Cowlitz Way, North on Long Ave, West on Clark St, Right on 7th Ave
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 4.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
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
- Amenities: Coin Op Laundry,See Remarks
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Other – See Remarks
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water/Sewer/Garbage: 3100
- Power Company: Cowlitz PUD
- Sewer Company: City of Kelso
- Water Company: City of Kelso
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Foundation: Poured Concrete
- Zoning Class: Multi-Family,Residential
- First Right Of Refusal: false
- Possible Use: Multi-Family, Residential
- MLS Square Footage Source: county records
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1966
- Photos Count: 13
Lot Information
- Lot Details: Paved, Sidewalk
- Lot Number: 4
- Lot Size Source: county records
- Parcel Number Free Text: 2-0223
- Building Condition: Good
- Calculated Square Footage: 3326
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3326.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $500
- Total Expenses: 17852
- Gross Adjusted Income: 63960
- Gross Rent Multiplier: 10
- Gross Scheduled Income: $63,960
- Insurance Expense: $1,587
- Net Operating Income: $46,122
- Other Expenses: $7,194
- Total Monthly Income: 5330
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Square Feet Unit 1: 782
- Rent Unit 1: $1,195.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Square Feet Unit 2: 782
- Rent Unit 2: $1,195.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Square Feet Unit 3: 782
- Rent Unit 3: $1,195.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Square Feet Unit 4: 980
- Rent Unit 4: $1,195.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 1
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3326.0
- Leasable Area Units: Square Feet
Property History for 504 North 7th Avenue
| 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 504 North 7th Avenue
Taxable ValueLand$57,880Additions$487,350Total$545,230
Tax Record2023$5,376 ($448 / month)
Home Facts
Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1966CountyCOWLITZAPN20223
Schools near 504 North 7th Avenue
This home is within Kelso School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Catlin Elementary School PublicK to 5 | ||
Huntington Middle School Public6 to 8 | ||
Kelso High School Public9 to 12 | ||
Special Education PublicPK to 12 |
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 Terrafin
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.
