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Pending
  • Listed by: 

    Chris Roewe,

    Woodford Commercial RE

    $699,900

    101 Spencer Creek Road, Kalama, WA 98625

    12beds
    4baths
    4,500sqft
    : 
    Quadruplex
    Built in 1966
    -- sqft lot
    $691,900 Zestimate®
    $156/sqft
    $-- HOA

    What's special

    Shared laundry roomFour-car carportPatios on bottom unitsCorner lot
    This fourplex, located in the beautiful hills of Kalama, is approx. 4,500 SF & sits on a large corner lot with approx. 23,522 SF. Features four 3 Bed/1 Bath units, patios on bottom units, decks for the upper units, & a four-car carport. Shared laundry room & hook-up in one of the units for added convenience. With stable, long-term tenants already in place, this property generates consistent income & presents strong upside potential through continued value-add improvements & rent adjustments to match current market rates. Currently offered at a 7% CAP Rate & served by Kalama water & septic, solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance.
    21 days
    on Zillow
    |
    489
    |
    31
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 14, 2025 at 04:55pm

    Offers reviewed: Aug 14
    Listed by:

    Chris Roewe,

    Woodford Commercial RE

    Source: NWMLS,MLS#: 2418490MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    Heating
    • Other – See Remarks, Electric
    Cooling
    • None
    Features
    • Flooring: Vinyl, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 4,500
    • Total interior livable area: 4,500 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Open
    • Carport spaces: 4
    • Uncovered spaces: 2
    Lot
    • Size: 0.54 Acres
    • Features: Corner Lot, Paved
    Details
    • Parcel number: 62788
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood Products
    • Foundation: Block
    • Roof: Composition
    Condition
    • Good
    • Year built: 1966
    • Major remodel year: 1966

    Utilities & green energy

    • Electric: Company: Cowlitz PUD
    • Sewer: Septic Tank, Company: septic
    • Water: Company: City of Kalama

    Community & HOA

    Community
    • Subdivision: Kalama
    Location
    • Region: Kalama

    Financial & listing details

    • Price per square foot: $156/sqft
    • Annual tax amount: $4,485
    • Offers reviewed: 08/14/2025
    • Date on market: 8/6/2025
    • Cumulative days on market: 23 days
    • Listing terms: Cash Out,Conventional
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