1100 S Pearl Street Centralia, WA $ 5,000,000
1100 S Pearl Street
$ 5,000,000
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1100 S Pearl Street

Centralia, WA, 98531
$ 5,000,000
Baths0.0 Sq 21,216

Monthly Estimate*

$ 30,786

Listed by Coldwell Banker Bain
1100 S Pearl Street, Centralia, WA 98531 - Image 1
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View a Virtual Tour
Studio

Multi-Family Home for sale in Centralia, WA

for $5,000,000. This 21,216 square foot home was built in 1970 on a lot size of 1.24.

Turnkey Multi-family property. All one level strong rental income. An incredibly rare offering - this 36 unit apartment complex features a single-level design spread over a spacious lot, ideal for low-maintenance management and broad tenant appeal. All one bedroom units, on-site laundry, tenant parking, well-maintained grounds. This is a solid income-producing property. The single-level design minimizes maintenance and maximizes efficiency-making this a smart choice for investors seeking stability and scale. All units currently rented.

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Multi-Family Active

Price

$ 5,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 19,857

Style

10+ Units

Lot Size

1.24

Year Built

1970

Town/City

Centralia

County/Region

Lewis

MLS | Web ID

2409142

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Subject to Tenant Rights
Roof Composition
HOA Fee 0
Year Built 1970
Property Subtype Multi Family
Tax Year 2024
County Lewis
Net Operating Income 234919
Insurance Expense 13400
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Centralia
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions I-5 to Main St east towards Downtown. Stay on Main St. to S. Tower 10 blocks or so to South
High School Centralia High
City Centralia
Senior Community Y/N N
High School District Centralia
Zoning Description Commercial
Open Parking Spaces 56
Number Of Units Total 36
MLS Area 426 - Centralia
Lot Size Units Square Feet
Lot Size Square Feet 54014
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 19857
Electric Expense 5067
Fuel Expense 0
Middle/Junior High School Centralia Mid
Property Condition Updated/Remodeled
Public Remarks Turnkey Multi-family property. All one level strong rental income. An incredibly rare offering - this 36 unit apartment complex features a single-level design spread over a spacious lot ideal for low
Leasable Area 21216
Virtual Tour https://visithome.ai/efg8wT7ktJSPkSJn6uCpwn?mu=ft
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade false
Units In Building Total 36
Water Sewer Garbage 41417
Property Style 56 - 10+ Units
Cap Rate 4.7
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Exterior
Exterior Amenities Wood
Lot Features Corner Lot
Water Source Public
Total Parking 56
Foundation Details Poured Concrete
Building Area Total 21216
Lot Size Acres 1.24
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 56
Lot Number 1-15
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Interior
Flooring Laminate
Total Fireplaces 0
Total Stories 1
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 NWM2409142
Street Number 1 1100
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* Excluded Features
List By
Hartwell T Saunders

Listing Agent

Coldwell Banker Bain

Broker

Affordability Calculator

$32,441
Per Month
95%
5%
0%
Monthly Principal & Interest
$30,786
Monthly Property Taxes
$1,655
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
257058 Elementary School
256580 Middle School
Centralia High High School
Pricing History
DatePricePrice ChangeDescription
7/30/2025$5,000,000 Listed Price

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1100 S Pearl Street, Centralia, WA, 98531 is a Multi-Family Home for sale at $5,000,000 with 21,216 sqft and a lot size of 1.24. 1100 S Pearl Street is a studio with 0.0 baths and was built in 1970. The property's zip code is 98531 which is in Centralia, WA