Rockhood
$3,600,000List price
Active

950 Walnut Street · Kelso, WA 98626

Source: NWMLS · Real Broker LLC · Daniel Belza #NWM2562636

About this home

Exceptional investment opportunity to acquire a portfolio of five newer (2023-built) duplexes, totaling 10 fully occupied units in the growing Kelso market. With every unit currently leased at fair market rents, this turnkey investment offers immediate, consistent cash flow without the hassle of securing new tenants. Three duplexes feature a well-designed 1,494 SF floor plan per unit, while the remaining two offer the larger 1,809 SF plan per unit. Every unit includes 3 bedrooms, 2.5 bathrooms, quartz countertops, stainless steel appliances, spacious walk-in closets, walk-in showers, fully fenced & usable backyards, heat pumps with mini-split heating and cooling systems, garage and extended driveways providing ample tenant and guest parking. Ideally located with quick access to I-5, Longview, grocery stores, shopping, dining, schools, nearby golf course, and everyday amenities, this portfolio combines modern construction with a convenient location that continues to attract tenants. Whether you're expanding an existing portfolio or making your next multifamily investment, this rare offering delivers strong rental income, low-maintenance ownership, and outstanding long-term investment potential. All offers are subject to interior inspection.

Location

Basics

Property type
Multi Family
Style
Duplex
Stories
2 stories
Condition
Very Good
Year built
2023
Building area
16,200 sq ft
Lot size
40,745 sq ft (0.94 acres)
County
Cowlitz
MLS #
NWM2562636

Interior

Heating
Ductless, Forced Air, Heat Pump
Cooling
Ductless, Forced Air, Heat Pump

Exterior & lot

Exterior features
Cement Planked, See Remarks
Roof
Composition
Foundation
Poured Concrete
Waterfront
No

Parking

Parking spaces
15
Garage
10

Utilities

Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Kelso
Property tax
$36,000 (2025)

Transaction

Listed on
Jul 31, 2026
Days on market
51
Listing terms
Cash, Conventional
Possession
See Remarks, Subject To Tenant Rights

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2022-03-31
Sold$360,000

Schools

School district: Kelso

High
Kelso High School
SchoolDigger 1 star · Top 74% in WA

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Listing provided courtesy of: Real Broker LLC

Listing agent: Daniel Belza.

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 2026-08-06.