264 N 2nd Street

Kalama, WA 98625

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1970

  • Status: Active

$599,900

X

264 N 2nd Street

Kalama 98625

$599900

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built: 1970

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Rare multifamily fourplex opportunity in Kalama! Sits on a 10,498 SF lot two blocks from downtown & features four 2 Bed/1 Bath units with parking in the back. Each unit is equipped with laundry hook-ups, vaulted ceilings & balconies on upper floor units, patios on bottom units, large bedrooms, & oversized living rooms. Historically stable, long-term tenants in place, this property generates consistent income & presents strong upside potential through value-add improvements & rent adjustments to match current market rates. Offered at a 6.7% cap rate & served by Kalama utilities, this is a solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance.

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Residence Information

  • 0

  • Composition

  • 54 - 4-Plex

  • 1970

  • Block

Features and Utilities

  • Wood Products

  • Sewer Connected

  • 0

Financial

  • 4492

  • Cash Out, Conventional

  • 08-04-2025

Comparable Information

  • 1

  • 1

  • Cash Out, Conventional

  • $599,900

  • $599,900

  • Aug 04, 2025 23:50

Schools

Elementary : Kalama Elem N/A Ratings
Middle : Kalama Jnr Snr N/A Ratings
High : Kalama Jnr Snr N/A Ratings

Map

Listing courtesy of Woodford Commercial RE.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Aug 05, 2025 08:27 | Listing last modified Aug 04, 2025 23:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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