3201 - 3203 Laurel Lane Centralia, WA $ 475,000
3201 - 3203 Laurel Lane
$ 475,000
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3201 - 3203 Laurel Lane

Centralia, WA, 98531
$ 475,000
Bedrooms4 Baths2.0 Sq 1,924

Monthly Estimate*

$ 3,281

Listed by Gateway Real Estate
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Multi-Family Home for sale in Centralia, WA

for $475,000 with 4 bedrooms and 2 full baths. This 1,924 square foot home was built in 1968 on a lot size of 0.43.

Duplex with flexibility, income potential, and plenty of space! This well-maintained property offers an excellent opportunity for investors or owner-occupants looking to offset their mortgage. Live in one unit and rent the other, or lease both for potential rental income. With 1,924 sq ft of combined living space, each unit features 2 spacious bedrooms, 1 full bathroom, a comfortable living area, and its own private garage. Set on a generous, level 18,731 sq ft lot, the property provides an expansive outdoor area with room for gardening, recreation, or future possibilities (buyer to verify). Thoughtfully cared for over the years, the duplex also features a newer roof installed in 2019. A versatile property offering space, convenience, and long-term potential—don’t miss this unique investment opportunity!

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Multi-Family Active

Price

$ 475,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,991

Style

Duplex

Lot Size

0.43

Year Built

1968

Town/City

Centralia

County/Region

Lewis

MLS | Web ID

2484270

Features
General
Living Area 0
Sewer Septic Tank
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 2
Security Features Partially Fenced
Year Built 1968
Property Subtype Multi Family
Tax Year 2026
County Lewis
Net Operating Income 28946
Insurance Expense 1843
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Fords Prairie
Possible Use Residential
Special Listing Conditions None
Status Active
Directions I5 South exit 82 Right on Harrison Left on Belmont Right on Borst Left on Scheuber Right on Laurel duplex on right. GPS Friendly!
High School Buyer To Verify
City Centralia
Senior Community Y/N N
High School District Centralia
Zoning Description Residential
Number Of Units Total 2
MLS Area 426 - Centralia
Lot Size Units Square Feet
Lot Size Square Feet 18731
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 3991
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Duplex with flexibility income potential and plenty of space! This well-maintained property offers an excellent opportunity for investors or owner-occupants looking to offset their mortgage. Live in
Leasable Area 1924
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Centralia
Units Below Grade false
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 0
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Exterior
Exterior Amenities Wood
Parking Features RV Parking
Lot Features Cul-De-Sac
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 1924
Lot Size Acres 0.43
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Patio RV Parking
Parking Uncovered Total 4
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Interior
Flooring Vinyl Plank Carpet
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 NWM2484270
Street Number 1 3201
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* Excluded Features
List By
Shelley Hansen

Listing Agent

Gateway Real Estate

Broker

shelley@gatewayre.com

Email

Affordability Calculator

$3,613
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,281
Monthly Property Taxes
$333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
3100492 Elementary School
3100157 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2026$475,000 -2.06% Price Down
3/19/2026$485,000 Listed Price

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3201 - 3203 Laurel Lane, Centralia, WA, 98531 is a Multi-Family Home for sale at $475,000 with 1,924 sqft and a lot size of 0.43. 3201 - 3203 Laurel Lane has 4 bedrooms, 2.0 baths, and was built in 1968. The property's zip code is 98531 which is in Centralia, WA