364 Cemetery Road Castle Rock, WA $ 490,000
364 Cemetery Road
$ 490,000
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364 Cemetery Road

Castle Rock, WA, 98611
$ 490,000
Bedrooms6 Baths6.0 Sq 3,026

Monthly Estimate*

$ 3,384

Listed by David Thelin, Windermere Northwest Living, 360-749-5667, davidthelin@windermere.com
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Multi-Family Home for sale in Castle Rock, WA

for $490,000 with 6 bedrooms and 6 full baths. This 3,026 square foot home was built in 2023 on a lot size of 1.9.

Fantastic investment opportunity! This recently built townhouse-style duplex offers two well-appointed units, each featuring 3 bedrooms, 2.5 baths, and 1,513 square feet. High ceilings and recessed lighting enhance the main living areas, while the kitchens showcase quartz countertops, shaker cabinetry, and stainless steel appliances. Each primary suite includes a walk-in closet, recessed lighting, and an adjoining full bathroom. Both units feature double-pane vinyl windows, forced-air heating with heat pumps, concrete patios, fully fenced yards, and an attached single-car garage. Conveniently located near I-5, schools, parks, and everyday amenities, this property combines modern finishes with practical features. Well and septic service help limit utility expenses, supporting the advertised 7.7% capitalization rate. Also, very strong tenant history! You may be able to build additional units on this parcel. Don’t miss the opportunity to add this duplex to your investment portfolio!

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Multi-Family Active

Price

$ 490,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 5,298

Style

Duplex

Lot Size

1.9

Year Built

2023

Town/City

Castle Rock

County/Region

Cowlitz

MLS | Web ID

2585386

Features
General
Living Area 0
Sewer Septic Tank
Heating Forced Air Heat Pump
Cooling Forced Air Heat Pump
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 2
Security Features Partially Fenced
Year Built 2023
View Territorial
Property Subtype Multi Family
Tax Year 2026
Building Name Shortplat
County Cowlitz
Net Operating Income 37663
Insurance Expense 2183
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Castle Rock
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions North on Westside Highway Left on PH 10 Left on Cemetery Rd. The property is on the Left.
High School Castle Rock High
City Castle Rock
Senior Community Y/N N
High School District Castle Rock
Zoning Description Multi-Family Residential
Number Of Units Total 2
MLS Area 414 - North County
Lot Size Units Square Feet
Lot Size Square Feet 82764
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA State Bond USDA Loan VA Loan
Elementary School Castle Rock Elem
Tax Annual Amount 5298
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Castle Rock Mid
Property Condition Good
Public Remarks Fantastic investment opportunity! This recently built townhouse-style duplex offers two well-appointed units each featuring 3 bedrooms 2.5 baths and 1 513 square feet. High ceilings and recessed ligh
Leasable Area 3026
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Well
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 7.7
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Exterior
Exterior Amenities Cement/Concrete
Lot Features Dead End Street Paved
Water Source Shared Well
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 3026
Lot Dimensions Irregular
Lot Size Acres 1.9
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially Patio
Parking Uncovered Total 4
Lot Number 1
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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
Bedrooms Possible 6
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 NWM2585386
Street Number 1 364
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* Excluded Features
List By
David Thelin

Listing Agent

Windermere Northwest Living

Broker

davidthelin@windermere.com

Email

Affordability Calculator

$3,826
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,384
Monthly Property Taxes
$442
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
256930 Elementary School
257883 Middle School
Castle Rock High High School
Pricing History
DatePricePrice ChangeDescription
10/14/2026$490,000 Listed Price

Map


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364 Cemetery Road, Castle Rock, WA, 98611 is a Multi-Family Home for sale at $490,000 with 3,026 sqft and a lot size of 1.9. 364 Cemetery Road has 6 bedrooms, 6.0 baths, and was built in 2023. The property's zip code is 98611 which is in Castle Rock, WA