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204 SE 12th St, 
Collegeplace, WA 99324

$995,000


Bed


Bath


5,610

Sq Ft


Multi-Family

Active

Listed by

Brent Barker

360-892-7325

Last updated:

February 5, 2026, 12:17 PM

MLS#

390592208

Source:

PORTLAND

Company Logo

About This Home

204 SE 12th St

TURN-KEY APARTMENT INVESTMENT PROPERTY with professional property management and tenants in place. Eight Unit Apartment includes SIX 2 bedroom & 1 bath units, ONE 1 bedroom one bath unit, and ONE studio unit. Open kitchen with renovated fixtures, paint, floorings and all units have new Heat/AC mini-split systems. Property is 100% rented after 2 years of renovations and stabilization.  Property is conditionally underwritten for a 30 Year - 70% LTV loan.  Excellent 1031 Exchange opportunity!

Home Facts

Multi-Family

Built in 1925

Price Summary

995,000

$177 per Sq. Ft.

MLS #:

390592208

Last Updated:

February 5, 2026, 12:17 PM

Added:

5 month(s) ago


Rooms & Interior

Interior

Living Area:

5,610 Sq. Ft.


Structure

Structure

Building Area:

5,610 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

27,007


Finances & Disclosures

Finances

Price:

$995,000

Price per Sq. Ft:

$177 per Sq. Ft.

204 SE 12th St
MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Bain are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: February 5, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.