21021 old highway 9 SW Centralia, WA $ 2,200,000
21021 old highway 9 SW
$ 2,200,000
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21021 old highway 9 SW

Centralia, WA, 98531
$ 2,200,000
Baths0.0 Sq 89,289

Monthly Estimate*

$ 13,546

Listed by COMPASS
21021 old highway 9 SW, Centralia, WA 98531 - Image 1
21021 old highway 9 SW, Centralia, WA 98531 - Image 2
21021 old highway 9 SW, Centralia, WA 98531 - Image 3
21021 old highway 9 SW, Centralia, WA 98531 - Image 4
21021 old highway 9 SW, Centralia, WA 98531 - Image 5
21021 old highway 9 SW, Centralia, WA 98531 - Image 6
21021 old highway 9 SW, Centralia, WA 98531 - Image 7
21021 old highway 9 SW, Centralia, WA 98531 - Image 8
21021 old highway 9 SW, Centralia, WA 98531 - Image 9
21021 old highway 9 SW, Centralia, WA 98531 - Image 10
Studio

Multi-Family Home for sale in Centralia, WA

for $2,200,000. This 89,289 square foot home was built in 1940 on a lot size of 2.0498.

Grand Mound MH & RV Park | 25-pad mobile home and RV park generating $233,775 NOI at a 10.63% cap rate, with a projected pre-tax cash flow of $103,161 at current rents. The mix includes 10 dry pads with electrical hookups, six park-owned homes, and one stick-built home. The property operates on well water with newly installed equipment and four septic tanks, with an onsite building featuring two bathrooms, laundry, and owner's office. Additional upside through rent increases and 10 large storage units.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,415

Style

10+ Units

Lot Size

2.0498

Year Built

1940

Town/City

Centralia

County/Region

Lewis

MLS | Web ID

2522085

Features
General
Living Area 0
Sewer Septic Tank
Heating Baseboard
Cooling None
Possession Closing
Roof See Remarks
HOA Fee 0
Garage Spaces 0
Year Built 1940
Property Subtype Multi Family
Tax Year 2026
Waterfront Features Low Bank
County Lewis
Net Operating Income 233775
Insurance Expense 2691
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Grand Mound
Possible Use See Remarks
Special Listing Conditions None
Status Active
Directions GPS
City Centralia
Senior Community Y/N N
High School District Centralia
Zoning Description See Remarks
Number Of Units Total 25
MLS Area 426 - Centralia
Lot Size Units Square Feet
Lot Size Square Feet 89289
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 5415
Electric Expense 0
Fuel Expense 0
Property Condition Fixer
Public Remarks Grand Mound MH & RV Park 25-pad mobile home and RV park generating $233 775 NOI at a 10.63% cap rate with a projected pre-tax cash flow of $103 161 at current rents. The mix includes 10 dry pads wi
Leasable Area 0
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company Private
Units Below Grade false
Units In Building Total 25
Water Sewer Garbage 19907
Property Style 56 - 10+ Units
Cap Rate 10.63
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Exterior
Exterior Amenities See Remarks
Parking Features RV Parking
Total Parking 45
Foundation Details See Remarks
Building Area Total 89289
Lot Dimensions 89 298
Lot Size Acres 2.0498
Waterfront Y/N Y
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features RV Parking
Parking Uncovered Total 45
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Interior
Flooring See Remarks
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type See Remarks
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2522085
Street Number 1 21021
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* Excluded Features
List By
Erich Bubbel

Listing Agent

Compass

Broker

Affordability Calculator

$13,997
Per Month
97%
3%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$451
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
256826 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$2,200,000 Listed Price

Map


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21021 old highway 9 SW, Centralia, WA, 98531 is a Multi-Family Home for sale at $2,200,000 with 89,289 sqft and a lot size of 2.0498. 21021 old highway 9 SW is a studio with 0.0 baths and was built in 1940. The property's zip code is 98531 which is in Centralia, WA