301 5th Ave SW

Kelso, WA 98626

$325,000
Price
3
Beds
2
Baths
1,606 Sq. Ft.
$202 / Sq. Ft.
1,606
Sq. Ft.
$202
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Listing provided courtesy of RE/MAX Premier Group
Source: Northwest MLS

Description

Unlock immediate cash flow and substantial upside with this versatile duplex, perfectly positioned for the savvy investor or house-hacker. Features two units, each equipped with in-suite laundry and access to a 2-car detached garage to maximize tenant retention and convenience. The second-floor unit (872 sq. ft.) offers a 2-bedroom, 1-bathroom layout currently leased by a reliable, long-term tenant, while the main-floor unit (804 sq. ft.) —a spacious 1-bedroom plus a versatile bonus room—sits vacant...Unlock immediate cash flow and substantial upside with this versatile duplex, perfectly positioned for the savvy investor or house-hacker. Features two units, each equipped with in-suite laundry and access to a 2-car detached garage to maximize tenant retention and convenience. The second-floor unit (872 sq. ft.) offers a 2-bedroom, 1-bathroom layout currently leased by a reliable, long-term tenant, while the main-floor unit (804 sq. ft.) —a spacious 1-bedroom plus a versatile bonus room—sits vacant and move-in ready. Whether you choose to set market rents for a proforma CAP rate or occupy the vacant unit and let the rental income offset your mortgage, this well-located asset delivers the rare combination of day-one stability and a clear path to increased returns. Call your realtor for showing and more details.
  1. Listed by Thomas Gray • RE/MAX Premier Group

Property Details for 301 5th Avenue Southwest

Community Name
Kelso
School District
Kelso
Total Covered Parking
2
Entry Date
03-05-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 03/05/2026 10:47 AM

Property Details for 301 5th Avenue Southwest

StatusActive
MLS #2487338
Days on Market24
Cumulative Days on Market24
Taxes$2,946 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1900
Lot Size0.11 AC / 5,001 SF
CountyCowlitz County
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Location

Listing Courtesy of RE/MAX Premier Group
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Building Information for 301 5th Avenue Southwest

Stories2Residences2Year Built1900Building Size-Lot Size0.11 AC / 5,001 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$1,823 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,577

Property Taxes

$246

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 301 5th Avenue Southwest

Summary
Location and General Information
  • Style: 52 - Duplex
  • Area: 416 - North Kelso
  • Directions: 301 SW 5th Ave, Kelso WA
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Garage Spaces: 2.0
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 1710
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 18
Lot Information
  • Lot Details: Corner Lot
  • Lot Size Source: Realist
  • Parcel Number Free Text: 20943
  • Calculated Square Footage: 1606
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1606.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 6180
  • Gross Adjusted Income: 25200
  • Gross Rent Multiplier: 12.9
  • Gross Scheduled Income: $25,200
  • Insurance Expense: $1,524
  • Net Operating Income: $19,020
  • Other Expenses: $0
  • Total Monthly Income: 1050
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 301
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 804
  • Rent Unit 1: $1,050.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 301A
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 872
  • Rent Unit 2: $1,050.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1676.0

Property History for 301 5th Avenue Southwest

DateEvent & SourcePriceAppreciation
Mar 5, 2026

Listed (Active)

NWMLS #2487338

$325,000—
DateEvent & SourcePrice
03/05/2026

Listed (Active)

NWMLS #2487338

$325,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 301 5th Avenue Southwest

Taxable ValueLand$22,050Additions$271,430Total$293,480
Tax Record2024$3,263 ($272 / month)
Home Facts
Baths2Total Finished SqFt804 SqFtAbove Ground SqFt804 SqFtStories2StyleMulti-Family Dwelling (2-4)Year Built1900CountyCOWLITZAPN20943

Schools near 301 5th Avenue Southwest

This home is within Kelso School District.
Rating
School
Type
Grades
Distance
Lexington Elementary
Public - K to 5
Huntington Middle School
Public - 6 to 8
Kelso High School
Public - 9 to 12
Loowit High School
Public - 6 to 12
Rating
School
Distance
Lexington Elementary
PublicK to 5

Huntington Middle School
Public6 to 8

Kelso High School
Public9 to 12

Loowit High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 301 5th Avenue Southwest, Kelso, WA 98626

301 5th Avenue Southwest is a multi-family home for sale in Kelso, WA 98626. This property was listed for sale on March 5, 2026 by RE/MAX Premier Group, it's currently listed at $325,000. This listing's school district is Kelso School District. Nearby schools include Lexington Elementary, Huntington Middle School and Kelso High School. 301 5th Avenue Southwest is a 3-bed, 2-bath, 1,606 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Premier Group

Based on information submitted to the MLS GRID as of 03/05/2026 10:47 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.