2623 Sandra Avenue, Centralia, WA 98531

$879,900
2,124
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Dove Realty, Inc..

List Price
$879,900
Status
ACTIVE
MLS#
2540485
Days on Market
43
Style
52 - Duplex
Finished SqFt
2,124
Area Total SqFt
2124
Annual Tax Ammount
5081
Lot Size (sq ft)
39,640
Sewer
Septic Tank

Property Description

Versatile property offering a well-maintained duplex and expansive shop on nearly one acre in Centralia. Each single-story unit features 2 bedrooms, 2 bathrooms, updated windows, all appliances, separate septic systems, and individual power meters. The impressive 30' x 48' shop with a 24' x 36' extension is separately metered and equipped with two 14-foot doors, two 12-foot doors, and one 8-foot door, providing flexibility for storage, workspace, equipment, vehicles, RVs, or other permitted uses. Attractive landscaping, a partially fenced yard, and independent utilities enhance the functionality of this unique property. Whether seeking multi-unit housing, additional space for business or hobby needs, or future rental opportunities, this property offers a variety of potential uses in a peaceful Centralia setting.

Additional Information

List Date
2026-06-15 17:54:17
Community
Centralia
Net Operating Income
$71,919
Gross Adjusted Income
$80,000
Gross Scheduled Income
$88,800
Total Monthly Income
$7,400
Insurance Expenses
$2,500
Water/Sewer/Garbage Expenses
$500
Gross Rent Multiplier
9.9
Total Expenses
$8,081
Cap Rate
12.2
Vacancy Rate
10
Total Number of Units
2
Unit Name
2623
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1983
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gated Entry, Green House, High Speed Internet, Outbuildings, RV Parking, Shop, Sprinkler System
Energy Source
Electric
School District
Centralia
Total Monthly Income
$7,400
Gross Scheduled Income
$88,800
Vacancy Rate
10
Gross Adjusted Income
$80,000
Tax Year
2026
Insurance Expense
$2,500
W/S/G Expenses
$500
Total Expenses
$8,081
Net Operating Income
$71,919
Gross Rent Multiplier
9.9
Cap Rate
12.2
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks