Discover a unique investment opportunity with this rural 4-plex located in the heart of Carrolls. This well-maintained property offers a diverse unit mix, including two 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one spacious 2-bedroom/1.75-bath unit, all thoughtfully arranged across two levels. With long-term tenants in place, the property already provides stable income, and there's significant upside potential through value-add improvements and adjusting rents to current market rates. Currently offered at a 7.3% cap rate, the property is served by Carrolls water and septic systems. Whether you're looking to expand your portfolio or secure a steady income-producing asset, this 4-plex is a compelling opportunity.
LAST UPDATED
|
5/23/2025
|
NEIGHBORHOOD
|
Carrolls
|
YEAR BUILT
|
1926
|
COMMUNITY
|
Carrolls
|
COUNTY
|
Cowlitz
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
Elementary School |
Carrolls Elem |
Jr. High School |
Buyer To Verify |
High School |
Buyer To Verify |
AIR |
None |
AREA |
419 - East County |
CONSTRUCTION |
Wood Siding |
HEAT |
Electric |
LOT |
5663 sq ft |
LOT DESCRIPTION |
Dead End Street, Paved |
MLS STATUS |
Active |
SEWER |
Septic Tank |
STORIES |
2 |
STYLE |
54 - 4-Plex |
SUBDIVISION |
Carrolls |
TAXES |
3218 |
WATER |
Public |
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