950 WALNUT ST, Kelso, WA 98626
- $3,600,000
- 16,200
- SqFt
- List Price
- $3,600,000
- Days on Market
- 5
- MLS#
- 378224095
- Property Type
- Multifamily
- Sqft. of Residence
- 16,200
- Lot Size
- 20, 000 SqFt to .99 Acres
- Region
- Cowlitz County not in Woodland City Limits or Scho
- Status
- ACTIVE
Property Description
Exceptional investment opportunity to acquire a portfolio of five newer (2023-built) duplexes, totaling 10 fully occupied units in the growing Kelso market. With every unit currently leased at fair market rents, this turnkey investment offers immediate, consistent cash flow without the hassle of securing new tenants. Three duplexes feature a well-designed 1,494 SF floor plan per unit, while the remaining two offer the larger 1,809 SF plan per unit. Every unit includes 3 bedrooms, 2.5 bathrooms, quartz countertops, stainless steel appliances, spacious walk-in closets, walk-in showers, fully fenced & usable backyards, heat pumps with mini-split heating and cooling systems, garage and extended driveways providing ample tenant and guest parking. Ideally located with quick access to I-5, Longview, grocery stores, shopping, dining, schools, nearby golf course, and everyday amenities, this portfolio combines modern construction with a convenient location that continues to attract tenants. Whether you're expanding an existing portfolio or making your next multifamily investment, this rare offering delivers strong rental income, low-maintenance ownership, and outstanding long-term investment potential. All offers are subject to interior inspection.
Additional Information
- Tax Amount
- $7,071
- Year Built
- 2023
- High School
- Kelso
- Elementary School
- Wallace
- Middle School
- Coweeman
- Living Area
- 16,200
- Stories
- 2
- Terms
- Cash, Conventional
- Cooling Description
- Heat Pump, Mini Split
- Fuel Description
- Electricity
- Heating Description
- Forced Air, Heat Pump, Mini Split
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Board & Batten Siding, Cement Siding, Lap Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- Parking
- Driveway, Garage
- Parking Description
- Driveway, Garage
- Road Surface
- Concrete, Paved
- Number Of Units Total
- 10
- Unit Type One Baths Total
- 6
- Unit Type One Beds Total
- 6
- Unit Type One Rent
- 4250
- Unit Type One Sq Ft
- 1494
- Unit Type One Units Total
- 2
- Unit Type Two Baths Total
- 6
- Unit Type Two Beds Total
- 6
- Unit Type Two Units Total
- 2
- Unit Type Three Baths Total
- 6
- Unit Type Three Beds Total
- 6
- Unit Type Three Rent
- 4300
- Unit Type Three Sq Ft
- 1494
- Unit Type Three Units Total
- 2
- Unit Type Four Baths Total
- 6
- Unit Type Four Beds Total
- 6
- Unit Type Four Rent
- 4700
- Unit Type Four Sq Ft
- 1809
- Unit Type Four Units Total
- 2
- Unit Type Five Rent
- 4650
- Unit Type Five Sq Ft
- 1809
- Unit Type Five Units Total
- 2
Mortgage Calculator
Listing courtesy of Real Broker LLC.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.