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101 Spencer Creek Road, 
Kalama, WA 98625

$699,900


Bed


Bath


4,500

Sq Ft


Multi-Family

Pending

Listed by

Chris Roewe

Woodford Commercial Re

Last updated:

August 15, 2025, 07:55 AM

MLS#

2418490

Source:

NWMLS

About This Home

101 Spencer Creek Road

This fourplex, located in the beautiful hills of Kalama, is approx. 4,500 SF & sits on a large corner lot with approx. 23,522 SF. Features four 3 Bed/1 Bath units, patios on bottom units, decks for the upper units, & a four-car carport. Shared laundry room & hook-up in one of the units for added convenience. With stable, long-term tenants already in place, this property generates consistent income & presents strong upside potential through continued value-add improvements & rent adjustments to match current market rates. Currently offered at a 7% CAP Rate & served by Kalama water & septic, solid opportunity for investors looking to grow their portfolio or secure a dependable income-producing asset. Interior tours upon mutual acceptance.

Home Facts

Multi-Family

Built in 1966

Price Summary

699,900

$155 per Sq. Ft.

MLS #:

2418490

Last Updated:

August 15, 2025, 07:55 AM


Rooms & Interior

Interior

Living Area:

4,500 Sq. Ft.


Structure

Structure

Building Area:

4,500 Sq. Ft.

Year Built:

1966


Lot

Lot Size (Sq. Ft):

23,522


Finances & Disclosures

Finances

Price:

$699,900

Price per Sq. Ft:

$155 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 20, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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