About this home

Investor opportunity with multiple income streams on 3.32 usable acres! In addition to the 2,233 sq ft, 3-bedroom, 2.5-bath main home, the property features 3 existing rental units currently generating $5,700/month in combined rent. Rentals include a 3-bedroom, 2-bath single-wide at $2,000/month, which also includes use of the shop and covered storage; a 1-bedroom, 1-bath apartment with office/bonus room currently used as a second bedroom at $1,700/month; and a 2-bedroom, 1-bath apartment at $2,000/month. The main residence provides flexibility for an owner-occupant or investor, with a spacious kitchen featuring walnut cabinetry, Corian counters, coffee bar with sink and adjoining eating area. Living room with propane fireplace, formal dining, primary suite with 2 walk-in closets and private bath, heat pump, vinyl windows and newer roof. French doors and sliders provide access to outdoor living spaces with a covered stamped-concrete patio, above-ground pool with deck, pond and sport court. Greenhouse, raised garden beds, fruit trees, chicken coop and goat pen add versatility to the acreage. Large parking area provides room for work vehicles, equipment and RVs. Property borders Coffee Creek. With multiple residences, established rental income, shop, covered storage, acreage and ample parking, this unique property offers a variety of possibilities for investors or buyers looking to combine their own residence with income-producing units. Property just appraised for $750,000

Interior features

Exterior features

Appliances

Schools

Property details

Heating

Forced Air, Heat Pump

Cooling

Heat Pump

Flooring

Ceramic Tile, Slate, Vinyl Plank, Carpet

Parking

Driveway, Attached Garage, Detached Garage, Off Street, RV Parking

View

Territorial

Lot

Paved, Secluded

Water source

Individual Well, Public

Sewer

Septic Tank

Levels

Three Or More

Fireplaces

2

Costs

Price / sq ft

$336

Annual taxes

$7,391 (2026)

Location

Centralia, WA 98531