1921 & 1923 Teresa Way

1921 & 1923 Teresa Way, Kelso, WA 98626

  • For Sale $550,000
  • Property Type Multi-Family
  • Property Size 3,984 SF
  • Units 4
  • Lot Size 25,700 SF
  • Cap Rate % 6.4
  • Rental Income / YR $49,980.00
  • NOI / YR $35,201.00
  • Taxes / YR $4,195.00
  • Parking Spaces Avail. 4
  • Parking Ratio 1.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1968
  • Date Updated Jul 22, 2025

Explore a rare investment opportunity with this double duplex package in Kelso, ideally situated on a spacious 25,700 SF lot with a serene, wooded backdrop, at the end of a dead-end road. The lower duplex features a classic oversized side-by-side layout with two 1-bedroom, 1-bathroom units, each offering a covered patio and carport parking. The upper duplex offers a multilevel design, including one 2-bedroom, 2-bathroom unit and one 2-bedroom, 1-bathroom unit, with three car garage for covered parking. Each unit is equipped with laundry hook-ups for added convenience. With stable, long-term tenants already in place, this property generates consistent income and presents strong upside potential through value-add improvements and rent adjustments to match current market rates. Currently offered at a 6.4% cap rate and served by Kelso utilities, this is a solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Don’t miss out, contact us today for more information.

 

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broker

Woodford Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    28/100 Car-Dependent
  • Transit Score ®

    30/100 Some Transit
  • Bike Score ®

    65/100 Bikeable
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  • City Kelso, WA
  • Neighborhood Longmont
  • Zip Code 98626
  • Market Portland

Frequently Asked Questions

How much does 1921 & 1923 Teresa Way cost?

The space currently listed for sale at 1921 & 1923 Teresa Way asks for $550,000.

What is the total square footage of 1921 & 1923 Teresa Way?

1921 & 1923 Teresa Way totals 3,984 square feet.

When was this property built?

1921 & 1923 Teresa Way was built in 1968.

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broker

Woodford Commercial Real Estate

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