Sold230d on marketHistoric · 91 yrs
111 West 3rd Street
Centralia, WA, 98531 • 98531 • Lewis County
$625,000
0.2 acLot
1935Built
Property DNA
Territorial Views
Territorial
Character Home
Built 1935 · 91 years of history
Centralia
98531
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
230 days on market
Established listing
About this home
Multi Family · Built 1935 · Historic
Turnkey 5-unit multifamily investment property in Centralia, WA, near the desirable Edison District. This well-maintained property is in a high-demand area with long-term value. Just minutes from downtown shopping, dining, and amenities. Features four spacious identical 1-bedroom units and one smaller 1-bedroom unit, high ceilings, big windows, on-site laundry, ample parking as well as a large fenced yard with possibility for expansion. Strong rental history with reliable tenants. Ideal for new or seasoned investors seeking steady income. Financials available upon request. Significant upgrades completed between 2017-2019, including new roof, siding, paint, plumbing, electrical, windows, and doors.
Standout features identified
Our analysis highlights ample parking, high ceilings, and big windows as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,890/month
Principal & Interest$3,056
Property Tax$625
Insurance$208
Down payment20% ($125,000)
3%50%
Est. 6.18% rate · 30yr fixed · $500,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1935
HeatingWall Unit(s), Electric
CoolingWall Unit(s)
Parking4 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1935
Systems
HeatingWall Unit(s), Electric
CoolingWall Unit(s)
RoofComposition
ConstructionCement Planked, Cement Plank
Water / SewerSewer Connected
Parking & Outdoor
ParkingOpen
Lot8,712 sqft
Location & Tax
Neighborhood98531
Annual tax$3,143
Parcel001648000000
Features & details
6 categories of property features
Interior Features
Heating
Wall Unit(s)
Electric
Cooling
Wall Unit(s)
Exterior Features
Parking
Open
Construction
Cement Planked
Cement Plank
Lot Features
Paved
Sidewalk
Views
Territorial
Listing insights
Market data and value estimates
StatusSold
Days on market230
Est. value$624,500
Est. rent$1,527/mo
Tax rate0.64%
On marketMay 26, 2025
PostedMar 21, 2025
Last sold$625,000
MLS statusSold
MLS updatedSep 19, 2025
Tour days6
Views6
How are the schools in Centralia?
3 schools rated nearby
Location
Centralia, WA, 98531
Price history
19 events
DateEventPrice$/sqftSource
Aug 19, 2025Sold$625,000—NWMLS as distributed by MLS GRID
Jul 28, 2025Pending Sale$640,000—NWMLS as distributed by MLS GRID
Apr 30, 2025Listed For Sale$640,000—NWMLS as distributed by MLS GRID
Apr 23, 2025Pending Sale$640,000—NWMLS as distributed by MLS GRID
Apr 17, 2025Contingent$640,000—NWMLS as distributed by MLS GRID
Apr 11, 2025Pending Sale$640,000—NWMLS as distributed by MLS GRID
Mar 21, 2025Listed For Sale$640,000—NWMLS as distributed by MLS GRID
Oct 9, 2022Listing Removed——Zillow Rental Manager
Oct 7, 2022Listed For Rent$850—Zillow Rental Manager
Jun 7, 2022Listing Removed——Zillow Rental Manager
Jun 5, 2022Listed For Rent$1,050—Zillow Rental Manager
Aug 31, 2021Sold$515,000—NWMLS as distributed by MLS GRID
Jul 6, 2021Pending Sale$529,900—NWMLS as distributed by MLS GRID
Jun 2, 2021Listed For Sale$529,900—NWMLS as distributed by MLS GRID
May 27, 2021Pending Sale$529,900—NWMLS as distributed by MLS GRID
May 17, 2021Listed For Sale$529,900—NWMLS as distributed by MLS GRID
Jun 21, 2018Sold$195,000—NWMLS as distributed by MLS GRID
Feb 23, 2018Pending Sale$230,000—CENTURY 21 Lund, Realtors
Feb 23, 2018Listed For Sale$230,000—CENTURY 21 Lund, Realtors
Sold$625,000
Aug 19, 2025•NWMLS as distributed by MLS GRID
Pending Sale$640,000
Jul 28, 2025•NWMLS as distributed by MLS GRID
Listed For Sale$640,000
Apr 30, 2025•NWMLS as distributed by MLS GRID
Pending Sale$640,000
Apr 23, 2025•NWMLS as distributed by MLS GRID
Contingent$640,000
Apr 17, 2025•NWMLS as distributed by MLS GRID
Pending Sale$640,000
Apr 11, 2025•NWMLS as distributed by MLS GRID
Listed For Sale$640,000
Mar 21, 2025•NWMLS as distributed by MLS GRID
Listing Removed—
Oct 9, 2022•Zillow Rental Manager
Listed For Rent$850
Oct 7, 2022•Zillow Rental Manager
Listing Removed—
Jun 7, 2022•Zillow Rental Manager
Listed For Rent$1,050
Jun 5, 2022•Zillow Rental Manager
Sold$515,000
Aug 31, 2021•NWMLS as distributed by MLS GRID
Pending Sale$529,900
Jul 6, 2021•NWMLS as distributed by MLS GRID
Listed For Sale$529,900
Jun 2, 2021•NWMLS as distributed by MLS GRID
Pending Sale$529,900
May 27, 2021•NWMLS as distributed by MLS GRID
Listed For Sale$529,900
May 17, 2021•NWMLS as distributed by MLS GRID
Sold$195,000
Jun 21, 2018•NWMLS as distributed by MLS GRID
Pending Sale$230,000
Feb 23, 2018•CENTURY 21 Lund, Realtors
Listed For Sale$230,000
Feb 23, 2018•CENTURY 21 Lund, Realtors
Nearby homes
Neighborhood details
Local context around this listing
Centralia, WA • Lewis County
Nearby cities
CentraliaChehalisLaceyOlympiaRainierRochesterTeninoTumwater
Nearby zip codes
985319853298544
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 08:28:28 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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