264 N 2nd Street, Kalama, WA 98625 (MLS # 2416672)
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Listing provided courtesy of Northwest MLS; Woodford Commercial RE
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Rare multifamily fourplex opportunity in Kalama! Sits on a 10,498 SF lot two blocks from downtown & features four 2 Bed/1 Bath units with parking in the back. Each unit is equipped with laundry hook-ups, vaulted ceilings & balconies on upper floor units, patios on bottom units, large bedrooms, & oversized living rooms. Historically stable, long-term tenants in place, this property generates consistent income & presents strong upside potential through value-add improvements & rent adjustments to match current market rates. Offered at a 6.7% cap rate & served by Kalama utilities, this is a solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance.
| LAST UPDATED | 8/4/2025 | TRACT | Kalama |
|---|---|---|---|
| YEAR BUILT | 1970 | COMMUNITY | Kalama |
| COUNTY | Cowlitz | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Kalama Elem |
|---|---|
| Jr. High School | Kalama Jnr Snr High |
| High School | Kalama Jnr Snr High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 420 - South County/Woodland |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| LOT | 10498 sq ft |
| LOT DESCRIPTION | Curbs, Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 54 - 4-Plex |
| SUBDIVISION | Kalama |
| TAXES | 4492 |
| UTILITIES | Sewer Connected |
| ZONING | Residential |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/5/25 11:14 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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