$3,749,000

0 Beds 0 Baths 13,816 SQFT 0.98 Acres

Type: Multi-Family

1409 1412, 1413, 1414 Nora Lane
Centralia, WA 98531

MLS#: 2473278

Presented by: RE/MAX Premier Group and NWMLS

Property Description

Stabilized 11 unit Class A townhome style multifamily portfolio consisting of three triplexes and one duplex, constructed in 2021 and offered together as a single asset. The property has a consistent operating history with strong rental demand, predictable cash flow, and is fully occupied with historically zero vacancy. Clean, verifiable financials.Units feature modern layouts and finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, LED lighting throughout, ductless mini split heating and air conditioning, high speed internet, private garages, and private patios for each unit. Low near term capital requirements due to newer construction. 18 on site parking spaces and well maintained landscaping supported by an automated irrigation system.High quality, low maintenance multifamily portfolio with convenient I-5 corridor access, centrally located between Seattle and Portland, and close to schools, hospital, college, and everyday amenities. Detailed financials available upon execution of NDA.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes

Fireplace Y/NNo

FlooringVinyl Plank, Carpet

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories2

General

Building Area Units0 sqft

Cap Rate5.54

Carport Spaces0

Carport Y/NNo

CityCentralia

CoolingDuctless, Heat Pump

CountyLewis

DirectionsFrom I-5 in Centralia, take Exit 82, go west on Harrison Ave, turn left on Russell Rd, then turn onto Nora Ln. (GPS works)

Electric Expense0

Elementary SchoolBuyer To Verify

Fuel Expense0

Garage Spaces11

HOANo

HOA Fee$0

HeatingDuctless, Heat Pump, Wall Unit(s)

High SchoolBuyer To Verify

High School DistrictCentralia

Insurance Expense7800

Leasable Area13,816 sqft

Listing TermsCash Out, Conventional, See Remarks

Living Area0 sqft

Lot Size Square Feet42,689 sqft

Lot Size UnitsSquare Feet

MLS Area426 - Centralia

Middle/Junior High SchoolBuyer To Verify

NWM_ShowMapLinkY

Net Operating Income207712

New ConstructionNo

Number Of Units Total4

PossessionClosing

Possible UseMulti-Family, Residential

Property ConditionVery Good

Property Style56 - 10+ Units

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksStabilized 11 unit Class A townhome style multifamily portfolio consisting of three triplexes and one duplex, constructed in 2021 and offered together as a single asset. The property has a consistent

RoofComposition

Security FeaturesPartially Fenced

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeMulti Family

Subdivision NameCentralia

Tax Annual Amount$27,518

Tax Year2025

Units Below Gradefalse

Units In Building Total11

ViewTerritorial

Water CompanyCity Of Centralia

Water Sewer Garbage18016.04

Year Built2021

Zoning DescriptionMulti-Family, Residential

Exterior

Building Area Total13,816 sqft

Covered Spaces11

Exterior AmenitiesCement/Concrete

Foundation DetailsSlab

Irrigation Water Rights Y/NNo

Lot FeaturesDead End Street, Paved, Secluded

Lot Size Acres0.98

Parking Uncovered Total18

Site FeaturesCable TV, Fenced-Partially, High Speed Internet, Outbuildings, Patio, Sprinkler System

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Buyer To Verify Middle School

High School Buyer To Verify High School

Elementary School Buyer To Verify Elementary School

Similar Properties

$3,749,000

0 Beds 0 Baths 13,816 SQFT 0.98 Acres

Type: Multi-Family

1409 1412, 1413, 1414 Nora Lane
Centralia, WA 98531

MLS#: 2473278

Email Address (Must be valid)

My information will be handled in accordance with Premiere Property Group, LLC's Privacy Policy and Premiere Property Group, LLC's Terms and Conditions.

Give yourself a better position in the competitive home buying market. Complete the form to get started on your journey to purchase your dream home. Our lending partner has a wide variety of lending options available and advanced mortgage technology. As a result, our lending partner's clients enjoy a flawless experience through impeccable execution and timely communication throughout the process.

First Name

Last Name

Phone

Preferred Contact Method

None

Phone

How can we assist you?

Message

* I consent to receive text messages and phone calls

Property

$3,749,000

1409 1412, 1413, 1414 Nora LaneCentralia, WA 98531

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$3,749,000

1409 1412, 1413, 1414 Nora LaneCentralia, WA 98531

Login & Get Full Access

Personalize Your Home Search

Thank you for registering.

Ask A Question

Get Pre-Approved Now!

1409 1412, 1413, 1414 Nora Lane
Centralia, WA 98531

1409 1412, 1413, 1414 Nora Lane
Centralia, WA 98531