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$599,900
264 N 2nd Street, Kalama, WA 98625
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264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625
264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625 264 N 2nd Street, Kalama, WA 98625

MLS #2416672 / Listing provided by NWMLS & Woodford CRE.

$599,900

264 N 2nd Street
Kalama, WA 98625

Active 1 day ago
1970
Year Built

Rare multifamily fourplex opportunity in Kalama! Sits on a 10,498 SF lot two blocks from downtown & features four 2 Bed/1 Bath units with parking in the back. Each unit is equipped with laundry hook-ups, vaulted ceilings & balconies on upper floor units, patios on bottom units, large bedrooms, & oversized living rooms. Historically stable, long-term tenants in place, this property generates consistent income & presents strong upside potential through value-add improvements & rent adjustments to match current market rates. Offered at a 6.7% cap rate & served by Kalama utilities, this is a solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0
  • Possible Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Parking Total: 6
  • Uncovered Parking Spaces: 6
  • Open Parking Spaces: 6

Structure

  • Roof: Composition
  • Exterior Features: Wood Products
  • Foundation: Block

Lot Details

  • Lot Features: Curbs, Paved, Sidewalk
  • Acres: 0.241
  • Foundation: Block
Area Features

Schools

  • High School District: Kalama
  • High School: Kalama Jnr Snr High
  • Middle School: Kalama Jnr Snr High
  • Elementary School: Kalama Elem

Lot Details

  • Lot Features: Curbs, Paved, Sidewalk
  • Acres: 0.241
  • Foundation: Block
Utilities

Power

  • Energy Source: Electric
  • Power Company: Cowlitz PUD

Water, Sewer, and Garbage

  • Sewer Company: City of Kalama
  • Sewer: Sewer Connected
  • Water Company: City of Kalama
  • Water, Sewer, and Garbage: 7175
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Mitch Baldridge

Mitch Baldridge
Broker | REALTOR®

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