301 SW 5th Avenue Kelso, WA $ 325,000
301 SW 5th Avenue
$ 325,000
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301 SW 5th Avenue

Kelso, WA, 98626
$ 325,000
Baths0.0 Sq 1,606

Monthly Estimate*

$ 2,001

Listed by RE/MAX Premier Group
301 SW 5th Avenue, Kelso, WA 98626 - Image 1
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Studio

Multi-Family Home for sale in Kelso, WA

for $325,000. This 1,606 square foot home was built in 1900 on a lot size of 0.1148.

Unlock immediate cash flow and substantial upside with this versatile duplex, perfectly positioned for the savvy investor or house-hacker. Features two units, each equipped with in-suite laundry and access to a 2-car detached garage to maximize tenant retention and convenience. The second-floor unit (872 sq. ft.) offers a 2-bedroom, 1-bathroom layout currently leased by a reliable, long-term tenant, while the main-floor unit (804 sq. ft.)—a spacious 1-bedroom plus a versatile bonus room—sits vacant and move-in ready. Whether you choose to set market rents for a proforma CAP rate or occupy the vacant unit and let the rental income offset your mortgage, this well-located asset delivers the rare combination of day-one stability and a clear path to increased returns. Call your realtor for showing and more details.

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Multi-Family Active

Price

$ 325,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,946

Style

Duplex

Lot Size

0.1148

Year Built

1900

Town/City

Kelso

County/Region

Cowlitz

MLS | Web ID

2487338

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 2
Year Built 1900
Property Subtype Multi Family
Tax Year 2026
County Cowlitz
Net Operating Income 19020
Insurance Expense 1524
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Kelso
Special Listing Conditions None
Status Active
Directions 301 SW 5th Ave Kelso WA
City Kelso
Senior Community Y/N N
High School District Kelso
Number Of Units Total 2
MLS Area 416 - North Kelso
Lot Size Units Square Feet
Lot Size Square Feet 5001
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 2946
Electric Expense 0
Fuel Expense 0
Public Remarks Unlock immediate cash flow and substantial upside with this versatile duplex perfectly positioned for the savvy investor or house-hacker. Features two units each equipped with in-suite laundry and ac
Leasable Area 1676
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 1710
Property Style 52 - Duplex
Cap Rate 5.8
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Exterior
Exterior Amenities Wood Products
Lot Features Corner Lot
Foundation Details Poured Concrete
Building Area Total 1606
Lot Size Acres 0.1148
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Parking Uncovered Total 2
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Interior
Flooring Vinyl 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 NWM2487338
Street Number 1 301
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* Excluded Features
List By
Thomas Gray

Listing Agent

Re/Max Premier Group

Broker

Affordability Calculator

$2,247
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,001
Monthly Property Taxes
$246
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
257840 Elementary School
258294 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2026$325,000 Listed Price

Map


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301 SW 5th Avenue, Kelso, WA, 98626 is a Multi-Family Home for sale at $325,000 with 1,606 sqft and a lot size of 0.1148. 301 SW 5th Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 98626 which is in Kelso, WA