1409 1412, 1413, 1414 Nora Lane Centralia, WA $ 3,749,000
1409 1412, 1413, 1414 Nora Lane
$ 3,749,000
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1409 1412, 1413, 1414 Nora Lane

Centralia, WA, 98531
$ 3,749,000
Baths0.0 Sq 13,816

Monthly Estimate*

$ 23,083

Listed by RE/MAX Premier Group
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Studio

Multi-Family Home for sale in Centralia, WA

for $3,749,000. This 13,816 square foot home was built in 2021 on a lot size of 0.98.

Stabilized 11 unit Class A townhome style multifamily portfolio consisting of three triplexes and one duplex, constructed in 2021 and offered together as a single asset. The property has a consistent operating history with strong rental demand, predictable cash flow, and is fully occupied with historically zero vacancy. Clean, verifiable financials.Units feature modern layouts and finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, LED lighting throughout, ductless mini split heating and air conditioning, high speed internet, private garages, and private patios for each unit. Low near term capital requirements due to newer construction. 18 on site parking spaces and well maintained landscaping supported by an automated irrigation system.High quality, low maintenance multifamily portfolio with convenient I-5 corridor access, centrally located between Seattle and Portland, and close to schools, hospital, college, and everyday amenities. Detailed financials available upon execution of NDA.

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Multi-Family Active

Price

$ 3,749,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 27,518

Style

10+ Units

Lot Size

0.98

Year Built

2021

Town/City

Centralia

County/Region

Lewis

MLS | Web ID

2473278

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless Heat Pump Wall Unit(s)
Cooling Ductless Heat Pump
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 11
Security Features Partially Fenced
Year Built 2021
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Lewis
Net Operating Income 207712
Insurance Expense 7800
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Centralia
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions From I-5 in Centralia take Exit 82 go west on Harrison Ave turn left on Russell Rd then turn onto Nora Ln. (GPS works)
High School Buyer To Verify
City Centralia
Senior Community Y/N N
High School District Centralia
Zoning Description Multi-Family Residential
Number Of Units Total 4
MLS Area 426 - Centralia
Lot Size Units Square Feet
Lot Size Square Feet 42689
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional See Remarks
Elementary School Buyer To Verify
Tax Annual Amount 27518.17
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Very Good
Public Remarks Stabilized 11 unit Class A townhome style multifamily portfolio consisting of three triplexes and one duplex constructed in 2021 and offered together as a single asset. The property has a consistent
Leasable Area 13816
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company City Of Centralia
Units Below Grade false
Units In Building Total 11
Water Sewer Garbage 18016.04
Property Style 56 - 10+ Units
Cap Rate 5.54
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Exterior
Exterior Amenities Cement/Concrete
Lot Features Dead End Street Paved Secluded
Water Source Public
Foundation Details Slab
Building Area Total 13816
Lot Size Acres 0.98
Waterfront Y/N N
Covered Spaces 11
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet Outbuildings Patio Sprinkler System
Parking Uncovered Total 18
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
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 NWM2473278
Street Number 1 1409
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* Excluded Features
List By
Israel Jimenez

Listing Agent

Re/Max Premier Group

Broker

Affordability Calculator

$25,376
Per Month
91%
9%
0%
Monthly Principal & Interest
$23,083
Monthly Property Taxes
$2,293
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
3100492 Elementary School
3100157 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
1/28/2026$3,749,000 Listed Price

Map


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1409 1412, 1413, 1414 Nora Lane, Centralia, WA, 98531 is a Multi-Family Home for sale at $3,749,000 with 13,816 sqft and a lot size of 0.98. 1409 1412, 1413, 1414 Nora Lane is a studio with 0.0 baths and was built in 2021. The property's zip code is 98531 which is in Centralia, WA