1149 SW Cascade Avenue Chehalis, WA $ 1,790,000
1149 SW Cascade Avenue
$ 1,790,000
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1149 SW Cascade Avenue

Chehalis, WA, 98532
$ 1,790,000
Baths0.0 Sq 7,552

Monthly Estimate*

$ 11,167

Listed by Voetberg Hansen Real Estate
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View a Virtual Tour
Studio

Multi-Family Home for sale in Chehalis, WA

for $1,790,000. This 7,552 square foot home was built in 1968 on a lot size of 0.3454.

10-unit apartment complex with great rental history. Amazing investment without the headache. So much maintenance and updating has been done. Room to raise rents for additional upside potential. New siding, new insulation. All electrical updated: new exterior meters, new interior panels, new grounding rods. New roofs for both buildings. New main sewage and drainage lines. New windows - vinyl & double-paned. Ductless mini-split heat pumps for all units, providing AC/heat. Fresh landscaping. 22 space parking lot. Walking distance to schools, parks, restaurants, grocery and minutes from I-5. Don't miss this opportunity!

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Multi-Family Active

Price

$ 1,790,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,650

Style

10+ Units

Lot Size

0.3454

Year Built

1968

Town/City

Chehalis

County/Region

Lewis

MLS | Web ID

2442271

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless Heat Pump
Cooling Ductless Heat Pump
Possession Closing
Roof Torch Down
HOA Fee 0
Year Built 1968
Property Subtype Multi Family
Tax Year 2025
County Lewis
Net Operating Income 105765
Insurance Expense 4864
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Chehalis
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions I-5 exit 76 east onto 13th St left on Cascade apartments on the left (two buildings).
High School W F West High
City Chehalis
Senior Community Y/N N
High School District Chehalis
Zoning Description Multi-Family Residential
Open Parking Spaces 20
Number Of Units Total 10
MLS Area 430 - Chehalis
Lot Size Units Square Feet
Lot Size Square Feet 15045
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 5650
Electric Expense 1113
Fuel Expense 0
Middle/Junior High School Chehalis Mid
Property Condition Very Good
Public Remarks 10-unit apartment complex with great rental history. Amazing investment without the headache. So much maintenance and updating has been done. Room to raise rents for additional upside potential. New
Leasable Area 5590
Virtual Tour https://bit.ly/1149cascade
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Storage
Water Company City of Chehalis
Units Below Grade false
Units In Building Total 10
Water Sewer Garbage 12786
Property Style 56 - 10+ Units
Cap Rate 5.91
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Exterior
Exterior Amenities Wood
Lot Features Curbs Paved
Water Source Public
Total Parking 20
Foundation Details Concrete Ribbon
Building Area Total 7552
Lot Size Acres 0.3454
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Deck High Speed Internet
Parking Uncovered Spaces 20
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Interior
Flooring Laminate 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 NWM2442271
Street Number 1 1149
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* Excluded Features
List By
Ben Hansen

Listing Agent

Voetberg Hansen Real Estate

Broker

Affordability Calculator

$11,638
Per Month
96%
4%
0%
Monthly Principal & Interest
$11,167
Monthly Property Taxes
$471
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
3100160 Elementary School
257607 Middle School
W F West High High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$1,790,000 -5.29% Price Down
10/9/2025$1,890,000 Listed Price

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1149 SW Cascade Avenue, Chehalis, WA, 98532 is a Multi-Family Home for sale at $1,790,000 with 7,552 sqft and a lot size of 0.3454. 1149 SW Cascade Avenue is a studio with 0.0 baths and was built in 1968. The property's zip code is 98532 which is in Chehalis, WA