$500,000
Est. $2,571/mo200 E Walnut Street, Centralia, WA 98531
• Listed 2024-12-05•45 days on market
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High, dry and ready to build. 2.78 acres right in town zoned R-15. That should yield 41 units. The property is half a block wide and a full block long. Located on the edge of the shopping district it is walking distance to everything. All City utilities at both ends. Additional non-adjacent multi-family property available. Broker/Owner.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
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Open Sat, Aug 1$490,000
-$10,000 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $300K and $340K.
Rental earnings
$1,475/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$340,000Last sold price
800 S Pearl Street, Centralia, WA 98531
$300,000Last sold price
1516 S Scheuber Road, Centralia, WA 98531
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
200 E Walnut Street, Centralia, WA 98531
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 16, 2026 at 10:32am (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Scott Horner • On Point Real Estate
Listing updated: June 16, 2026 at 10:32am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2314972
Open Sat, Aug 1Centralia is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 25 days.
$366,000 Sold
7 weeks ago
2 bd•1 ba•~1,220 sq ft•Single Family
1317 W Main Street, Centralia, WA 98531
1%
Under list
—
Days on market
1.0 mi
Distance
$250,000 Sold
7 weeks ago
•Single Family
827 N Tower, Centralia, WA 98531
29%
Under list
—
Days on market
0.8 mi
Distance
$433,990 Sold
8 weeks ago
3 bd•2.5 ba•~1,907 sq ft•Single Family
655 Salzer Creek Drive, Centralia, WA 98531
3%
Over list
—
Days on market
0.9 mi
Distance
$370,000 Sold
2 months ago
3 bd•2.5 ba•~1,482 sq ft•Single Family
322 S Diamond Street, Centralia, WA 98531
1%
Under list
—
Days on market
0.1 mi
Distance
$404,000 Sold
2 months ago
3 bd•2.25 ba•~1,586 sq ft•Single Family
1356 Salzer Creek Drive, Centralia, WA 98531
7%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Centralia School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
