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  • Listed by: 

    Hartwell T Saunders,

    Coldwell Banker Bain

    $5,000,000

    1100 S Pearl Street, Centralia, WA 98531

    36beds
    36baths
    21,216sqft
    : 
    Multi Family
    Built in 1970
    -- sqft lot
    $4,660,900 Zestimate®
    $236/sqft
    $-- HOA

    What's special

    Tenant parkingOn-site laundryWell-maintained groundsSpacious lot
    Turnkey Multi-family property. All one level strong rental income. An incredibly rare offering - this 36 unit apartment complex features a single-level design spread over a spacious lot, ideal for low-maintenance management and broad tenant appeal. All one bedroom units, on-site laundry, tenant parking, well-maintained grounds. This is a solid income-producing property. The single-level design minimizes maintenance and maximizes efficiency-making this a smart choice for investors seeking stability and scale. All units currently rented.
    6 days
    on Zillow
    |
    134
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 29, 2025 at 07:13pm

    Listed by:

    Hartwell T Saunders,

    Coldwell Banker Bain

    Source: NWMLS,MLS#: 2409142MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1100 S Pearl Street.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 36
    • Bathrooms: 36
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Flooring: Laminate
    • Has fireplace: No
    Interior area
    • Total structure area: 21,216
    • Total interior livable area: 21,216 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 56
    • Parking features: Open
    • Uncovered spaces: 56
    Lot
    • Size: 1.24 Acres
    • Features: Corner Lot
    Details
    • Parcel number: 001934014000
    • Zoning description: Commercial,Jurisdiction: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1970
    • Major remodel year: 1976

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Centralia
    Location
    • Region: Ridgefield

    Financial & listing details

    • Price per square foot: $236/sqft
    • Tax assessed value: $2,537,200
    • Annual tax amount: $19,857
    • Date on market: 7/28/2025
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 7 days
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