Centralia, WA 98531 1100 S Pearl Street
$5,000,000
20 more
Presented By: Coldwell Banker Bain and NWMLS
- MLS# 2409142
- 07/29/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 21,216
Home Details
Turnkey Multi-family property. All one level strong rental income. An incredibly rare offering – this 36 unit apartment complex features a single-level design spread over a spacious lot, ideal for low-maintenance management and broad tenant appeal. All one bedroom units, on-site laundry, tenant parking, well-maintained grounds. This is a solid income-producing property. The single-level design minimizes maintenance and maximizes efficiency-making this a smart choice for investors seeking stability and scale. All units currently rented.
Presented By: Coldwell Banker Bain and NWMLS
Interior Features for 1100 S Pearl Street
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 1100 S Pearl Street
AmenitiesCoin Op Laundry
Building Area UnitsSquare Feet
Cap Rate4.7
Carport Spaces
Carport Y/NNo
CityCentralia
CoolingNone
CountyLewis
DirectionsI-5 to Main St east towards Downtown. Stay on Main St. to S. Tower 10 blocks or so to South
Electric Expense5067
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High SchoolCentralia High
High School DistrictCentralia
Insurance Expense13400
Leasable Area21216
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet54014
Lot Size UnitsSquare Feet
MLS Area426 – Centralia
Middle/Junior High SchoolCentralia Mid
ModificationTimestamp2025-08-08T18:43:12.770Z
NWM_ShowMapLinkY
Net Operating Income234919
New ConstructionNo
Number Of Units Total36
Open Parking Spaces56
PossessionSubject to Tenant Rights
Possible UseCommercial
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksTurnkey 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
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameCentralia
Tax Annual Amount19857
Tax Year2024
Units Below Gradefalse
Units In Building Total36
Virtual TourClick here
Water Sewer Garbage41417
Year Built1970
Zoning DescriptionCommercial
Exterior for 1100 S Pearl Street
Building Area Total21216
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot
Lot Number1-15
Lot Size Acres1.24
Parking Uncovered Spaces56
Total Parking56
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Centralia Mid
Elementary School
N/A
High School
Centralia High
Josh QA1
REALTOR ® SRES ®