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Listing provided courtesy of Real Estate Marketing GroupNWMLSas Distributed by MLSGrid- MLS# NWM2531852MLS Provider

1877 Ahlers AvenueCentralia, WA 98531

Multi-Family · 14 Beds · 6,944 Sq. ft. | 0.46 Acres
$1,200,000 Active

1877 Ahlers Avenue Overview

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Turnkey 2019 Quadplex with Bonus Storage Income! Rare investment opportunity to own a high-performing, modern 4-plex built in 2019. Designed for maximum tenant retention and low maintenance, this property features an incredible unit mix of spacious 4-bedroom and 3-bedroom floor plans, each equipped with 2.5 bathrooms. Tenants love the premium amenities, including fully fenced backyards for private outdoor living, and an attached 2-car garage plus additional on-site parking for guests or extra vehicles. In addition to strong residential rent, this property includes 2 storage units providing additional monthly income.

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1877 Ahlers Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,944
  • Price/Sq.ft. $173
  • Lot 0.46 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Centralia
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 110100
  • Insurance Expense: 2700
  • Net Operating Income: 90789
  • Total Expenses: 19311
  • Total Monthly Income: 9175
  • Water/Sewer/Garbage: 5750

Building Information

  • New Construction: No
  • Year Built: 2019

Location/Region

  • Country: US
  • County Or Parish: Lewis
  • MLS Area Major: 426 - Centralia
  • Subdivision Name: Centralia

Tax Information

  • Tax Annual Amount: $10,861.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 023645013004
  • Possible Use: Multi-Family
  • Property Condition: Very Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 4

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 6944
  • Building Area Units: Square Feet
  • Calculated Square Footage: 6944
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank, Carpet
  • Foundation Details: Slab
  • Heating: Yes
  • Leasable Area: 6944
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 8
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.462
  • Lot Size Square Feet: 20124
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Partially
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 4
  • Exterior Features: Cement Planked
  • Number Of Units Total: 6
  • Sewer: Sewer Connected

Unit Information

Unit 5 Details

  • Actual Rent: 125
  • Beds Total: 0
  • Baths Total: 0

Unit 6 Details

  • Actual Rent: 125
  • Beds Total: 0
  • Baths Total: 0

Unit 3 Details

  • Actual Rent: 2100
  • Beds Total: 3
  • Baths Total: 3

Unit 4 Details

  • Actual Rent: 2100
  • Beds Total: 3
  • Baths Total: 3

Unit 2 Details

  • Actual Rent: 2150
  • Beds Total: 4
  • Baths Total: 3

Unit 1 Details

  • Actual Rent: 2200
  • Beds Total: 4
  • Baths Total: 3

1877 Ahlers Avenue Neighborhood

Community

98531 (Centralia) Demographics

39
Median Age
190
Population Density (per sq. mile)
29%
College Educated
$45,972
Estimated Median Income
6,278
Estimated Total Home Owners
4,275
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1877 Ahlers Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1877 Ahlers Avenue Market Data

Based on the last 30 days in this zip code

$449,156
Average List Price
$252
Average Price per Square Foot
31
Properties Sold
92
Average Days on Market
177
Properties for Sale
Calculations provided by Reliance Network

1877 Ahlers Avenue History

Date Event Value Agent
6/7/2026Source: NWMLS Added to Database
June 07, 2026