1921 Teresa Way Kelso, WA $ 585,000
1921 Teresa Way
$ 585,000
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1921 Teresa Way

Kelso, WA, 98626
$ 585,000
Baths0.0 Sq 3,984

Monthly Estimate*

$ 3,650

Listed by Woodford Commercial RE
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Studio

Multi-Family Home for sale in Kelso, WA

for $585,000. This 3,984 square foot home was built in 1968 on a lot size of 0.59.

Rare investment opportunity with this double duplex package in Kelso, situated on a spacious 25,700 SF lot with a serene, wooded backdrop, at the end of a dead-end road. The lower duplex features a classic oversized side-by-side layout with two 1-bed/1-bath units, each offering a covered patio & carport parking. The upper duplex offers a multilevel design, including one 2-bed/2-bath unit & one 2-bed/1-bath unit, with three car garage for covered parking. Each unit is equipped with laundry hook-ups for added convenience. Currently offered at a 6% cap rate & presents strong upside potential through value-add improvements and rent adjustments to match current market rates.

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Multi-Family Active

Price

$ 585,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,195

Style

4-Plex

Lot Size

0.59

Year Built

1968

Town/City

Kelso

County/Region

Cowlitz

MLS | Web ID

2410438

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject to Tenant Rights
Roof Composition
HOA Fee 0
Year Built 1968
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Cowlitz
Net Operating Income 35201
Insurance Expense 1126
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Kelso
Possible Use Residential
Special Listing Conditions None
Status Active
Directions I-5 N Exit Allen St Turn Right on Allen St Left on N Minor Rd Right on Teresa Way Destination will be at the end of gravel road
High School Buyer To Verify
City Kelso
Senior Community Y/N N
High School District Kelso
Zoning Description Residential
Open Parking Spaces 2
Number Of Units Total 4
MLS Area 415 - Ostrander
Lot Size Units Square Feet
Lot Size Square Feet 25700
Carport Spaces 2
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 4195
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Rare investment opportunity with this double duplex package in Kelso situated on a spacious 25 700 SF lot with a serene wooded backdrop at the end of a dead-end road. The lower duplex features a clas
Leasable Area 3984
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Longview
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 3529
Property Style 54 - 4-Plex
Cap Rate 6
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Dead End Street Secluded
Water Source Public
Total Parking 6
Building Area Total 3984
Lot Size Acres 0.59
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Deck
Parking Uncovered Spaces 2
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2410438
Street Number 1 1921
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* Excluded Features
List By
Chris Roewe

Listing Agent

Woodford Commercial Re

Broker

Affordability Calculator

$3,999
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,650
Monthly Property Taxes
$350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100253 Elementary School
3100579 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2025$550,000 Listed Price

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1921 Teresa Way, Kelso, WA, 98626 is a Multi-Family Home for sale at $585,000 with 3,984 sqft and a lot size of 0.59. 1921 Teresa Way is a studio with 0.0 baths and was built in 1968. The property's zip code is 98626 which is in Kelso, WA