$249,999
Est. $1,285/mo3 bd•1 ba•1,056 sq ft
720 W Chestnut Street, Centralia, WA 98531
• Listed 2026-07-24•2 days on market
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A golden opportunity to own rent or flip this 3 bed charmer. space to add primary bath in 3rd bedroom or utility room for sure. Not financeable in current ran down state. if you buy AS IS \with a rehabilitation loan ALL YOUR LABOR AND MATERIALS can be financed above the low asking price listed above. Not a fake news loss leader, simply a solid shell that needs your creative and or stylish touch, Rare chance to go ALL IN on your skills and most loans allow 12 months to do repairs. 1 catch you do repairs and then re draw the money. Preference to cash offers. open floor plan allows addition of real fancy kitchen and Long Island, 1 bath currently needs makeover, some LVP new flooring, minor concessions of paint, flooring, and landscaping should be a cinch for even Home Depot level remodelers to get this rental grade ready. its a transformation just waiting to be won. Do you have the vision to pull this off with a streamline rehab or full blown FHA 203k budget in Lewis county allows Roughly $540,000 for materials, labor, and AS IS acquisition. Google this now, its like flipping your own home to yourself if owner occupied intentions for the same 12 month minimum occupancy. you're probably going to rip off the roof anyway, doubling the square footage should be very profitable and enjoyable. dont miss the long fenced backyard, bunny house, and extra storage shacks. Enclosed porch would make an awesome backyard kitchen, spend all the rehab money in style to enjoy for decades.
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720 W Chestnut Street, Centralia, WA 98531
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Based on information submitted to the MLS GRID as of July 29, 2026 at 11:57am (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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Listed by Michael J Jerabek • Michael J Real Estate LLC
Listing updated: July 29, 2026 at 11:57am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2560150
Centralia 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
0.6 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
1.0 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
0.7 mi
Distance
$483,490 Sold
2 months ago
4 bd•2.25 ba•~2,447 sq ft•Single Family
679 Salzer Creek Drive, Centralia, WA 98531
7%
Over list
—
Days on market
1.0 mi
Distance
$500,000 Sold
2 months ago
5 bd•2.5 ba•~2,621 sq ft•Single Family
643 Salzer Creek Drive, Centralia, WA 98531
5%
Over 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.
