706 Laurel St

1.75
Baths
1,572 Sq. Ft.
$223 / Sq. Ft.
1,572
Sq. Ft.
$223
per Sq. Ft.

Description

Don't miss out on this charming corner duplex investment opportunity. This well-maintained property features two units: a spacious 3-bedroom, 1-bath unit with a large laundry room, attached one-car garage, and a generous fenced backyard with side yard. The second unit is a thoughtfully designed 1-bedroom, ¾-bath with private off-street parking. Together, the duplex offers 1,572 SF of living space plus nearly 300 SF of garage space, all situated on a 4,800 SF lot. Long-term tenants are already in...Don't miss out on this charming corner duplex investment opportunity. This well-maintained property features two units: a spacious 3-bedroom, 1-bath unit with a large laundry room, attached one-car garage, and a generous fenced backyard with side yard. The second unit is a thoughtfully designed 1-bedroom, ¾-bath with private off-street parking. Together, the duplex offers 1,572 SF of living space plus nearly 300 SF of garage space, all situated on a 4,800 SF lot. Long-term tenants are already in place, ensuring immediate income, with the opportunity to boost returns by adjusting rents to market value. Whether you're a seasoned investor or just starting out, this turnkey property is a smart addition to any portfolio.
  1. Listed by Chris Roewe • Woodford Commercial RE

Property Details for 706 Laurel Street

Community Name
South Kelso
School District
Kelso
Number of Assigned Spaces
4
Total Covered Parking
1
Entry Date
05-14-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 05/14/2025 04:28 PM

Property Details for 706 Laurel Street

StatusActive
MLS #2376126
Days on Market256
Cumulative Days on Market256
Taxes$3,342 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.11 AC / 4,800 SF
CountyCowlitz County

Location

Listing Courtesy of Woodford Commercial RE
Add your commute

Building Information for 706 Laurel Street

Stories1Residences2Year Built1947Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

$1,984 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,705

Property Taxes

$279

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 706 Laurel Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Area: 418 - South Kelso
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: I-5 North, Exit 36 Kelso Dr, Straight at the traffic circle, Right on S Kelso Dr, Left on Grade St, Left on Mill St, Left on S 7th Ave, Left on Laurel and destination will be on your right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
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
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: Yes
Exterior Features
  • Exterior: Cement/Concrete
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2724
  • Power Company: Cowlitz County PUD
  • Sewer Company: City of Kelso
  • Water Company: City of Kelso
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Block
  • Zoning Remarks: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1947
  • Photos Count: 12
Lot Information
  • Lot Details: Corner Lot, Paved, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 23684
  • Calculated Square Footage: 1572
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1572.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Common Interest: Multi-Family
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 3
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 8723
  • Gross Adjusted Income: 26772
  • Gross Rent Multiplier: 12.7
  • Gross Scheduled Income: $27,600
  • Insurance Expense: $1,277
  • Net Operating Income: $18,049
  • Other Expenses: $1,380
  • Total Monthly Income: 2300
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 706
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Rent Unit 1: $1,000.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 708
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Rent Unit 2: $1,300.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1572.0
  • Leasable Area Units: Square Feet

Property History for 706 Laurel Street

DateEvent & SourcePriceAppreciation
May 14, 2025

Listed (Active)

NWMLS #2376126

$349,900
Oct 19, 2012

Sold (Public Record)

Public Record #342626616

$90,000

+218.0% / yr

Feb 8, 2012

Sold

NWMLS #293277

$40,000
Feb 6, 2012

Sold (Public Record)

Public Record #323650412

$40,000
Jan 3, 2012

Pending

NWMLS #293277

Nov 7, 2011

Listed (Active)

NWMLS #293277

$60,000
Mar 17, 2011

Cancelled

RMLS #10041946

May 19, 2010

Listed (Active)

RMLS #10041946

$59,900
DateEvent & SourcePrice
05/14/2025

Listed (Active)

NWMLS #2376126

$349,900
10/19/2012

Sold (Public Record)

Public Record #342626616

$90,000

+218.0% / yr

02/08/2012

Sold

NWMLS #293277

$40,000
02/06/2012

Sold (Public Record)

Public Record #323650412

$40,000
01/03/2012

Pending

NWMLS #293277

11/07/2011

Listed (Active)

NWMLS #293277

$60,000
03/17/2011

Cancelled

RMLS #10041946

05/19/2010

Listed (Active)

RMLS #10041946

$59,900

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

Public Records for 706 Laurel Street

Taxable ValueLand$32,630Additions$239,060Total$271,690
Tax Record2024$3,128 ($261 / month)
Home Facts
Baths2Total Finished SqFt1,572 SqFtAbove Ground SqFt1,572 SqFtStories1Lot Size4,792 SqFtStyleMulti-Family Dwelling (2-4)Year Built1947CountyCOWLITZAPN23684

Schools near 706 Laurel Street

This home is within Kelso School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Wallace Elementary School
PublicK to 5

Coweeman Middle School
Public6 to 8

Kelso High School
Public9 to 12

Special Education
PublicPK 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.

Similar Homes

Similar Sold Homes

706 Laurel Street is a multi-family home for sale in Kelso, WA 98626. This property was listed for sale on May 14, 2025 by Woodford Commercial RE, it's currently listed at $349,900. It has been on the market for a total of 256 days and was last sold on October 19, 2012. This listing's school district is Kelso School District. Nearby schools include Wallace Elementary School, Coweeman Middle School and Kelso High School. 706 Laurel Street is a 4-bed, 1.75-bath, 1,572 sqft multi-family home built in 1947.

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 Woodford Commercial RE

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/25/2026 01:52 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.