264 N 2nd ST Kalama, WA 98625

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.