$700,000
Est. $3,599/mo504 N 7th Avenue, Kelso, WA 98626
• Listed 2026-02-12•8 days on market
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Based on information submitted to the MLS GRID as of July 22, 2026 at 03:28pm (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.
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Fantastic investment opportunity! This well-maintained 4-plex is a strong, turnkey addition to any rental portfolio, offering solid income and a current cap rate of approximately 7.5% with excellent cash flow. The property has a history of stable, long-term tenants and shows pride of ownership throughout. Three units feature 2 bedrooms and 1 bath, each with a dedicated storage unit and covered parking space. The fourth unit has been thoughtfully converted to a 3-bedroom, expanding rental potential and versatility. Residents enjoy a large shared balcony, and the on-site laundry room has been updated with a new electrical panel and its own hot water tank. The coin-operated laundry provides reliable additional income. Opportunities like this don’t come along often—secure this high-performing asset for your portfolio today.
Listed by David Thelin • Windermere Northwest Living
Listing updated: July 22, 2026 at 03:28pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2477548
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504 N 7th Avenue, Kelso, WA 98626
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Kelso 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.
Kelso is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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 20 days.
$575,000 Sold
3 days ago
•Single Family
1205 Holly Street, Kelso, WA 98626
3%
Under list
—
Days on market
0.3 mi
Distance
$341,000 Sold
4 weeks ago
3 bd•1 ba•~1,216 sq ft•Single Family
913 S 3rd Avenue, Kelso, WA 98626
0%
Over list
—
Days on market
0.8 mi
Distance
$284,800 Sold
5 weeks ago
3 bd•1 ba•~888 sq ft•Single Family
506 S Maple Street, Kelso, WA 98626
0%
Under list
—
Days on market
0.5 mi
Distance
$404,500 Sold
7 weeks ago
4 bd•2 ba•~1,976 sq ft•Single Family
803 Elizabeth Street, Kelso, WA 98626
1%
Over list
—
Days on market
0.8 mi
Distance
$167,750 Sold
8 weeks ago
2 bd•1 ba•~1,213 sq ft•Single Family
504 S 5th Avenue, Kelso, WA 98626
1%
Under list
—
Days on market
0.5 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
