1100 S Pearl Street

Centralia, WA 98531

  • Bed

  • Bath

  • 21216 SqFt

  • 221 DOM

  • Built: 1970

  • Status: Active

$4,250,000

X

1100 S Pearl Street

Centralia 98531

$4250000

  • Bed

  • Bath

  • 21216 SqFt

  • 221 DOM

  • Built: 1970

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

Excellent investment opportunity to purchase a 36-unit, single-story, garden-style apartment complex in Centralia, WA. All units consist of 1-bedroom units, which are both well-maintained and have strong historic rental history. Increases in several recently rented units indicate potential for additional rental income. On-site laundry to provide additional income (equipment is owned rather than leased and included in the sale). Property is centrally located in the Centralia-Chehalis area, with I-5 a short 5-minute drive away. Ample parking with both assigned spaces and street parking. All the roofs were replaced and windows upgraded to vinyl double-pane windows in 2015. Priced at $4.45M (or less than 124k/unit), which provides a cap rate of 6.82% based on the current actuals.

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Residence Information

  • 21216

  • Composition

  • 56 - 10+ Units

  • 1970

  • Coin Op Laundry

Features and Utilities

  • Wood Products

  • Sewer Connected

  • 0

Financial

  • 22097

  • Cash, Conventional

  • 03-16-2026

Comparable Information

  • 221

  • 221

  • Cash, Conventional

  • $4,450,000

  • $4,450,000

  • Apr 27, 2026 21:25

Schools

Map

Listing courtesy of Windermere Northwest Living.

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 © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: May 01, 2026 15:15 | Listing last modified Apr 27, 2026 21:25. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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