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.
Active
Listed by:
Hartwell T Saunders,
Coldwell Banker Bain
$5,000,000
1100 S Pearl Street, Centralia, WA 98531
36beds
36baths
21,216sqft
Est.:
Multi Family
Built in 1970
-- sqft lot
$4,660,900 Zestimate®
$236/sqft
$-- HOA
What's special
Tenant parkingOn-site laundryWell-maintained groundsSpacious lot
- 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#: 2409142

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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