Listed by Redfin
$685,000
$50K PRICE DROP

223 S Tower Ave Unit A,B,C Centralia, WA 98531

Estimated payment $3,957/month

Total Views 24,526
3 Beds
4 Baths
3,507 Sq Ft
$195 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Centralia Recreational Space
  • No HOA
  • Property is Fully Fenced

About This Home

Located in the heart of town, this iconic property offers a rare chance to own a piece of history w/ multiple revenue streams, flexible zoning, & no preservation restrictions -GREAT for investors, business owners, & creative souls seeking a unique home/business space w/ long-term potential. If you want to live here, great! Residential property as well!! Designed w/ style & functionality, refinished floors, updated windows, new int/ext. paint, AC, new appliances, & elegant lighting seamlessly blend the modern comforts of this 3br, 3.5ba w/ classic character. Enjoy added peace of mind w/ updated plumbing & electrical, & a new insulated roof. Outside, relax in the fenced private courtyards. Don’t miss this once in a lifetime opportunity!

Listing Agent

Matthew Williamson

Redfin License #112630 Listed on: 04/16/2025

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2357450

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Triplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,507 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 1 Covered Space
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Centralia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000174000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,686

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1915
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3507
  • Special Features: VirtualTour
  • Cumulative Days on Market: 134

Interior Features

  • Possible Use: Commercial
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement

Exterior Features

  • Roof: Flat
  • Lot Features: Alley, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless
  • Heating Yn: Yes
  • PowerCompany: City of Centralia
  • SewerCompany: City of Centralia
  • WaterCompany: City of Centralia
  • WaterSewerGarbage: 800

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Centralia
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 000174000000
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Zoning Description: Commercial
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • MLSLotSizeSource: Realist - Buyer to Verify
  • MLSSquareFootageSource: Realist - Buyer to Verify

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.92
  • LeasedItems: None
  • TotalMonthlyIncome: 4400

Multi Family

  • Gross Scheduled Income: 52800
  • Net Operating Income: 6
  • Number Of Units Total: 3
  • Electric Expense: 3000
  • Leasable Area: 3400
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2686.37

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,138 $325,600 $75,600 $250,000
2024 $2,138 $325,600 $75,600 $250,000
2023 $1,077 $130,300 $75,600 $54,700
2022 $1,045 $105,000 $63,000 $42,000
2021 $938 $105,000 $63,000 $42,000
2020 $1,187 $105,000 $63,000 $42,000
2019 $1,235 $105,000 $63,000 $42,000
2018 $1,402 $105,000 $63,000 $42,000
2017 $1,061 $105,000 $63,000 $42,000
2016 $897 $105,000 $63,000 $42,000
2015 $985 $87,400 $50,400 $37,000
2013 $985 $87,400 $50,400 $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $685,000 -1.4% $195 / Sq Ft
05/07/2025 05/07/25 Price Changed $695,000 -5.4% $198 / Sq Ft
04/16/2025 04/16/25 For Sale $735,000 -- $210 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 None Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2357450

Northwest Multiple Listing Service (NWMLS)

APN: 000174-000-000