509 W Cherry Street #507, Centralia, WA, 98531
About This Home
Great Investment Opportunity! This duplex in Centralia offers strong income potential and flexibility for investors or owner-occupants. Each unit features comfortable living spaces, functional kitchens, and spacious bedrooms. Kitchen updates provide added appeal, while the generous lot offers fenced yard space and off-street parking. Conveniently located near shopping, dining, schools, and everyday amenities with easy access to major commuter routes. Whether you're looking to expand your portfolio, or live in one unit while renting the other, this property presents a valuable opportunity in a growing market. Don't miss the chance to invest in Centralia real estate. | Updated Kitchens | Newer Roof | Updated Flooring |Quartz Countertops | 1800 SQFT | 4 Beds | 2 Baths |
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1954
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Duplex,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Flooring: Laminate
Heating & Cooling
- Heating features: Wall Furnace,Electric
- Cooling features: None
Interior Area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Details
- Parcel number: 000444001000
- Special condition: Standard
Features
- Has view: Yes
- View description: City
Lot
- Lot size: 4,791 sqft
- Features: Paved,Sidewalk,Fenced-Partially,Patio
Parking
- Total spaces: 2
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Lewis County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,098 | $25,176 |
| Home Insurance * | $125 | $1,500 |
| Property Taxes | $235 | $2,820 |
| Electricity | $149 | $1,793 |
| Total | $2,607 | $31,284 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Price change | $414,950 |
| 2026-07-03 | Price change | $429,950 |
| 2026-06-05 | Listed for sale | $439,950 |
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