673 SW 20th St, Chehalis, WA, 98532
About This Home
Posted rent increases taking effect make this a true 8.06% cap on in-place income 7 expenses. Madlen Court Rental Homes & Self-Storage blends highly desired single-family type rental homes with the additional benefit of self-storage. Featuring 6 single-family style rentals (all 3BR/2BA, ~1,400 SF avg) plus 14 self-storage units. Tenants pay 100% of utilities; homes feature two-car garages, modern construction, and newer roofs—built for low-drama ownership. The tucked-away, off-street setting is walkable to Chehalis schools, Boys & Girls Club, parks, and athletic facilities, and is less than 10 minutes to I-5 and downtown. Chehalis sits almost exactly halfway between Seattle and Portland on the I-5 corridor, and the market’s recent positive economic activity include an announced Amazon operations facility projected at 500–1,000 jobs and the PSE takeover of the TransAlta power plant creating an estimated 700 jobs. There are two investment approaches an investor can take. Raise residential rents and push storage rents toward market. There is an estimated 87% increase feasible for storage based on rent comps. Alternatively, an investor can add additional units based on 24 du/acre density zoning for the property. Also, an investor subdivide and sell the residential units individually for a profit and keep the storage for pure cash-flow.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2004
Materials
- Roof: Composition
- Construction materials: Cement Planked,Wood Products,Cement Plank
Notable Dates
- Major remodel year: 2005
Type & Style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 18
- Bathrooms: 16
Features
- Window features: Thermal Windows
Heating & Cooling
- Heating features: Baseboard,Fireplace Insert,Wall Furnace,Electric
- Cooling features: None
Interior Area
- Total structure area: 11,720
- Total interior livable area: 11,720 sqft
Property
Details
- Parcel number: 005604183045
- Special condition: Standard
Lot
- Lot size: 0.97 Acres
- Features: Dead End Street,Paved,Secluded,Cable TV,Fenced-Fully,Fenced-Partially,High Speed Internet
Parking
- Total spaces: 28
- Parking features: Garage
- Attached garage spaces: 12
- Covered spaces: 20
- Uncovered spaces: 8
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
- Heat Wave
- Inland Flooding
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 | $9,304 | $111,648 |
| Home Insurance * | $539 | $6,468 |
| Property Taxes | $1,318 | $15,816 |
| Electricity | $801 | $9,619 |
| Total | $11,962 | $143,544 |
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 |
|---|---|---|
| 2026-03-20 | Price change | $1,840,000 |
| 2026-01-21 | Listed for sale | $1,875,000 |
| 2018-05-31 | Listing removed | $1,326,500 |
| 2018-05-31 | Listed for sale | $1,326,500 |
| 2018-05-30 | Sold | $1,155,000 |
| 2018-04-25 | Pending sale | $1,326,500 |
| 2018-04-21 | Listed for sale | $1,326,500 |
| 2018-02-21 | Pending sale | $1,326,500 |
| 2018-02-02 | Price change | $1,326,500 |
| 2017-12-20 | Listed for sale | $1,415,418 |
| 2012-04-29 | Sold | $850,000 |
View on Zillow