$534,800
Est. $2,898/moPrice reduced $13,200 from the original $548,000 asking price
5 bd•2.75 ba•3,628 sq ft
1016 N Pearl Street, Centralia, WA 98531
• Listed May 8, 2026•185 days active · 185 cumulative
Listing Broker: Windermere Centralia; Melissa R. Wallace; 360-880-0626; mwallace@windermere.com
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Listing Broker: Windermere Centralia; Melissa R. Wallace; 360-880-0626; mwallace@windermere.com
About this home
Attention Investors! Don't miss your opportunity to own this turn-key cash cow. City of Centralia allows up to 6 Bds to be rented individually and this 5BD-3BTH home has potential to be easily converted to 6 bds for maximum cash flow. This 3928 sq ft Victorian Era home features 10ft ceilings, dome ceilings, stunning hardwood floors & elegant marble tile and new electrical, plumbing, windows, & insulation. Stay comfortable year-round with 2 heat pumps w/separate thermostats on each floor to ensure energy savings. The heart of the home is a redesigned kitchen boasting granite countertops, custom cabinetry, large walk-in pantry & sleek, black stainless appliances. Designed for every phase of life, the main floor features 2 spacious bedrooms, bath w/walk-in shower & convenient laundry access. The second level includes 2 massive primary suites, each featuring original dome ceilings and expansive walk-in closets. Explore the tower bedroom with separate private entrance. 24x24 2 car garage is sized large enough to hold your full-size pickup truck. Additional off-street parking for 3 vehicles beside the garage. Near historic downtown amenities, Amtrack, college, hospital & parks. Easy I-5 access & 90 min from Seattle & Portland. Floorplans available. Check out Video & 3D tour. Seller Offering up to $10,000 Buyer Credit for Rate Buy-Down or Closing costs!
Listed by Melissa R. Wallace • Windermere Centralia
Listing updated: October 31, 2026 at 04:27pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2519440
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
1016 N Pearl Street, Centralia, WA 98531
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Interior features
- Bath Off Primary
- Ceiling Fan(s)
- Dbl Pane/Storm Window
- Dining Room
- French Doors
- Pantry
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Water Heater
- Unfinished basement
Kitchen
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Stove(s)/Range(s)
Bedrooms
- 5 bedrooms total
- 2 on the main level
- 3 upstairs
Bathrooms
- 2 full bathrooms
- 1 three-quarter bathroom (shower, no tub)
- 2.75 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 2 Stories w/Bsmnt
- 3,628 sq ft finished, 300 sq ft unfinished
- 576 sq ft garage
Flooring
- Engineered Hardwood
- Marble
- Carpet
Heating & cooling
- Forced Air heating
- Heat Pump heating
- High Efficiency (Unspecified) heating
- Forced Air cooling
- Heat Pump cooling
- High Efficiency (Unspecified) cooling
Schools
Ratings via SchoolDiggerCentralia School District
- Edison ElementaryPublic · Grades K-6 · State rank 667 of 1,1384/10
- Centralia Middle SchoolPublic · Grades 7-8 · State rank 413 of 5142/10
- Centralia High SchoolPublic · Grades 9-12 · State rank 283 of 3962/10
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level
- Vegetation
- Garden Space
- Zoning jurisdiction
- City
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Water heater location
- Closet in Main floor Bd
- Power company
- City of Centralia
- Water company
- City of Centralia
- Sewer company
- City of Centralia
- Garbage service
- LeMay
- Irrigation water rights
- No
- Internet connected
- Comcast
- Cable connected
- Comcast
Rooms & extras
- Bathtubs
- 2
- Showers
- 3
- Excluded items
- No
New construction
- Square footage source
- Seller
- Lot size source
- Public Records
- Effective year built source
- See Remarks
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Down payment assistance
6 programs may be available to provide you with up to $26,740 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$3,365 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: Windermere Centralia; Melissa R. Wallace; 360-880-0626; mwallace@windermere.com
Market pulse
Centralia is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 74 days.
Recent sales nearby
Within 1 mile · last 6 months$235,275 Sold
5 days ago
2 bd•0.75 ba•~780 sq ft•Single Family
1811 Beach Street, Centralia, WA 98531
0%
Over list
89
Days on market
0.7 mi
Distance
$135,000 Sold
1 week ago
2 bd•0.75 ba•~901 sq ft•Single Family
1320 Delaware Avenue, Centralia, WA 98531
10%
Under list
70
Days on market
0.4 mi
Distance
$348,000 Sold
1 week ago
3 bd•2 ba•~1,500 sq ft•Single Family
1128 H Street, Centralia, WA 98531
4%
Under list
121
Days on market
0.3 mi
Distance
$450,000 Sold
3 weeks ago
3 bd•1.75 ba•~1,500 sq ft•Single Family
405 W 4th Street, Centralia, WA 98531
1%
Under list
103
Days on market
0.2 mi
Distance
$375,000 Sold
4 weeks ago
2 bd•1 ba•~1,300 sq ft•Single Family
811 Euclid Way, Centralia, WA 98531
3%
Over list
26
Days on market
0.6 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 Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 10:47 AM PT (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.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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