$875,000
Est. $4,742/mo1887 S Market Boulevard, Chehalis, WA 98532
• Listed Oct 22, 2026•18 days active · 18 cumulative
Listing Broker: On Point Real Estate; Jordan Dixon; 360-740-4101; jordanwithonpoint@gmail.com
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Listing Broker: On Point Real Estate; Jordan Dixon; 360-740-4101; jordanwithonpoint@gmail.com
About this home
Investment Opportunity! Here is a property fronting on Market Street in Chehalis that has the civil engineering complete for a Multi-Family Development and draft site plans for 15 Townhomes. Great location for rental units. Only 5-blocks to grocery store, on bus line, walking distance to large city park complex and schools. There is a 1,900 sq ft home on the site that could provide return while you are finalizing your plans and timing for construction. Seller recently had the house rented for $1,800 / month. Current price reflects work seller has or is completing that includes: demolition of metal pole building, demolition of detached garage, fill material installed and brought to grade, construction of retaining walls, GPS model is complete and paid for, Civil engineering approved and paid. Existing permits and draft plans of the proposed 15 townhouse units are available. This could be a great investment property for a sole owner or multiple investors.
Listed by Jordan Dixon • On Point Real Estate
Listing updated: October 22, 2026 at 03:08pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2596919
Around this home
How much should you offer?
1887 S Market Boulevard, Chehalis, WA 98532
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
Layout
- Comm Bldg Und 10K
Flooring
- Laminate
- Carpet
Heating & cooling
- Heat Pump heating
- Heat Pump cooling
Schools
Ratings via SchoolDigger- James W Lintott Elementary SchoolPublic · Grades PK-2 · 0.6 mi—
- Chehalis Middle SchoolPublic · Grades 6-8 · 0.5 mi · State rank 250 of 5146/10
- W F West High SchoolPublic · Grades 9-12 · 0.2 mi · State rank 110 of 3968/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Year built
- 1935
Parking & site
- Acres
- 1.04 acres
- Lot square feet
- 45,302 sq ft
- Zoning jurisdiction
- City
Taxes & terms
- Annual taxes
- $3,754
- Tax year
- 2026
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 $43,750 in down payment assistance, depending on your specific information.
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
$5,274 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
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: On Point Real Estate; Jordan Dixon; 360-740-4101; jordanwithonpoint@gmail.com
Market pulse
Chehalis is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
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 81 days.
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 11:29 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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