500 Hillkress Street, Centralia, WA 98531

Local realty services provided by:Tucker Realty ERA Powered
Listed by: brian richardson
Office: kidder mathews
MLS#:2589266
Source:NWMLS
500 Hillkress Street,Centralia, WA 98531
$719,000
  • - Beds
  • - Baths
  • 3,827 sq. ft.
  • Multi-family
  • First Look

Price summary

  • Price:$719,000
  • Price per sq. ft.:$187.88

About this home

500 Hillkress combines renovated apartments, a convenient Centralia location, and several avenues for income growth. The two-story building features brick veneer, four approximately 750-square-foot apartments, a basement, shared on-site laundry, off-street parking, and a separately rented garage. Improvements include a comprehensive 2016 remodel with updated kitchens and bathrooms, full electrical rewiring and new panels, approximately 98% new plumbing, a replacement membrane roof, thermal double-pane windows, and two gas water heaters installed in 2020. Residents benefit from a very walkable setting with access to downtown shops and dining, Centralia College, parks, and the Amtrak station, while nearby I-5 connects the property to regional employment centers. Healthcare, education, manufacturing, and distribution employers provide a broad potential renter base. An investor will benefit from opportunities from lease-timed rent increases, utility recovery, and additional use of...

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Home facts

  • Year built:1935
  • Subdivision & Development:Edison
  • Listing ID #:2589266
  • Updated:October 01, 2026 at 12:04 PM

Rooms and interior

  • Living area:3,827 sq. ft.

Heating and cooling

  • Heating:Radiant

Structure and exterior

  • Roof:Flat Roof
  • Year built:1935
  • Building area:3,827 sq. ft.
  • Lot area:0.12 Acres
  • Construction Materials:Brick Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$719,000
  • Price per sq. ft.:$187.88
  • Tax amount:$5,600 (2026)

Features and amenities

  • Amenities:Cable TV, Gas Available, High Speed Internet

Parking

  • Total parking spaces:2
  • Garage:Yes
  • Garage spaces:1
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