New ListingFantastic investment opportunity! This recently built townhouse-style duplex offers two well-appointed units, each featuring 3 bedrooms, 2.5 baths, and 1,513 square feet. High ceilings and recessed lighting enhance the main living areas, while the kitchens showcase quartz countertops, shaker cabinetry, and stainless steel appliances. Each primary suite includes a walk-in closet, recessed lighting, and an adjoining full bathroom. Both units feature double-pane vinyl windows, forced-air heating with heat pumps, concrete patios, fully fenced yards, and an attached single-car garage. Conveniently located near I-5, schools, parks, and everyday amenities, this property combines modern finishes with practical features. Well and septic service help limit utility expenses, supporting the advertised 7.7% capitalization rate. Also, very strong tenant history! You may be able to build additional units on this parcel. Don't miss the opportunity to add this duplex to your investment portfolio!
| MLS # | 2585386 |
|---|---|
| Listing Type | For Sale |
| Building Name | Shortplat |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2023 |
| Days On Site | 5 |
| Listing Provided By | Windermere Northwest Living | David Thelin |
| SQ Feet | 3,026 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Multi-Family,Residential |
| Acreage | 1.90 |
| Property View | Yes |
| Property | 5298 |
|---|
| State | WA |
|---|---|
| County | Cowlitz |
| City | Castle Rock |
| Zip Code | 98611 |
| Area | 414 North County |
| Community Name | Castle Rock |
| School District | Castle Rock High |
| Elementary School | Castle Rock Elem |
| High School | Castle Rock High |
| Listing VS Median (in Castle Rock) | |
Price: $490,000 low | high Med: $499,900 sqft: 3,026 low | high Med: 1,200 $ / sqft: $162 low | high Med: $417 On site: 5 low | high Med: 70 | |
| State | WA |
|---|---|
| County | Cowlitz |
| City | Castle Rock |
| Zip Code | 98611 |
| Area | 414 North County |
| Community Name | Castle Rock |
| School District | Castle Rock High |
| Elementary School | Castle Rock Elem |
| High School | Castle Rock High |
| Listing VS Median (in Castle Rock) | |
Price: $490,000 low | high Med: $499,900 sqft: 3,026 low | high Med: 1,200 $ / sqft: $162 low | high Med: $417 On site: 5 low | high Med: 70 | |