Rockhood
$700,000List price
Active

504 N 7th Avenue · Kelso, WA 98626

Source: NWMLS · Windermere Northwest Living · David Thelin #NWM2477548

About this home

Fantastic investment opportunity! This well-maintained 4-plex is a strong, turnkey addition to any rental portfolio, offering solid income and a current cap rate of approximately 7.5% with excellent cash flow. The property has a history of stable, long-term tenants and shows pride of ownership throughout. Three units feature 2 bedrooms and 1 bath, each with a dedicated storage unit and covered parking space. The fourth unit has been thoughtfully converted to a 3-bedroom, expanding rental potential and versatility. Residents enjoy a large shared balcony, and the on-site laundry room has been updated with a new electrical panel and its own hot water tank. The coin-operated laundry provides reliable additional income. Opportunities like this don’t come along often—secure this high-performing asset for your portfolio today.

Location

Basics

Property type
Multi Family
Style
4-Plex
Stories
2 stories
Condition
Good
Year built
1966
Building area
3,326 sq ft
Lot size
5,000 sq ft (0.11 acres)
County
Cowlitz
MLS #
NWM2477548

Interior

Heating
Wall Furnace
Cooling
None
Flooring
Vinyl, Carpet

Exterior & lot

Exterior features
Wood
Roof
Torch Down
Foundation
Poured Concrete
Lot features
Curbs, Paved, Sidewalk
View
Territorial
Waterfront
No

Parking

Parking spaces
4
Garage
4
Covered spaces
4

Utilities

Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Old Kelso Hill
Property tax
$5,807 (2025)

Transaction

Original list price
$725,000 (3.4% price cut)
Listed on
Feb 12, 2026
Days on market
211
Listing terms
Cash, Conventional, FHA, VA Loan
Possession
Closing, Subject To Tenant Rights

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2025-03-10
Sold$624,000

Schools

School district: Kelso

Elementary
Barnes Elem
Middle
Huntington Jnr High
High
Kelso High School
SchoolDigger 1 star · Top 74% in WA

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Listing provided courtesy of: Windermere Northwest Living

Listing agent: David Thelin.

Based on information submitted to the MLS GRID as of . 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. IDX information 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. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-17.