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$3,150,000
8 Days On Site
522 N Iron StreetCentralia, WA 98531
For Sale|Residential Income|Active
0
Beds
0
Total Baths
23,641
SqFt
$133
/SqFt
1926
Built
Cumulative Days On Market:
8
Subdivision:
Centralia
County:
Lewis
Courtesy of NWMLS
Listing courtesy of Brian Richardson of Kidder Mathews
Listing courtesy of Brian Richardson of Kidder Mathews
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Monthly Payment (Est.)
$14,372Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
HILLVIEW TERRACE APTS. is a lucrative investment opportunity with a current cap rate of 6.53%. Featuring a mix of studios, 1-bed, and 2-bed units, this value-add property offers ample parking and full sprinkler coverage. Situated in a desirable location and walking distance to many shops, restaurants, and more, HILLVIEW TERRACE boasts the potential for increased revenue with just simple rent raises, and minor cosmetic improvements to an est. 8.52% cap rate. The well-maintained units and favorable unit mix is an excellent choice for investors seeking steady returns. Don't miss out on this chance to acquire a promising multi-family asset and capitalize on its current success while unlocking further value in this dynamic market
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Listing Snapshot
Price
$3,150,000
Days On Site
8 Days
Bedrooms
N/A
Inside Area (SqFt)
23,641 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.68 Acres
Year Built
1926
MLS® Number
2396701
Status
Active
Property Tax
$15,960
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a week ago | Listing updated with changes from the MLS® | |
| a week ago | Listing first seen on site |
General Features
Acres
0.68
Additional Property Use
CommercialMulti-FamilyResidential
Carport
37
Number Of Stories
3
Parking Spaces
37
Security
Security GateFire Sprinkler System
SqFt Total
23641
Utilities
Cable AvailableSewer Connected
Water Source
Public
Zoning
Commercial,Multi-Family,Residential
Interior Features
Flooring
LaminateCarpet
Heating
ElectricBaseboard
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Exterior Features
Construction Details
StuccoConcrete
Fencing
Partial
Lot Features
Corner LotPaved
Roof
Composition
View
CityTerritorial
Waterview
CityTerritorial
Community Features
Association Amenities
Coin Laundry
Financing Terms Available
Conventional
MLS Area
426 - Centralia
School District
Centralia
Schools
School District
Centralia
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Brian Richardson of Kidder Mathews
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-07-01 01:34 PM PDT
Listing courtesy of Brian Richardson of Kidder Mathews
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-07-01 01:34 PM PDT
Neighborhood & Commute
Source: Walkscore
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