#2333172, Lyndsay Walker, Listing office: Realty One Group Bold
#2396701·
Listing office: Kidder Mathews·
Listing agent: Brian Richardson·
Listing office phone: 360-705-2800
$3,150,000 List price
522 N Iron St Centralia, WA 98531
23,641 sqft
0.7 acres
$133 / sqft
House
Property details
About 522 N Iron St
HILLVIEW TERRACE APTS. is a lucrative investment opportunity with a current cap rate of 6.53%. Featuring a mix of studios, 1-bed, and 2-bed units, this value-add property offers ample parking and full sprinkler coverage. Situated in a desirable location and walking distance to many shops, restaurants, and more, HILLVIEW TERRACE boasts the potential for increased revenue with just simple rent raises, and minor cosmetic improvements to an est. 8.52% cap rate. The well-maintained units and favorable unit mix is an excellent choice for investors seeking steady returns. Dont miss out on this chance to acquire a promising multi-family asset and capitalize on its current success while unlocking further value in this dynamic market
Highlights
HeatingBaseboard
StatusActive
Size23,641 sqft
Lot size0.68 Acres
Year built1926
MLS #2396701
ViewCity, Territorial
Summary
- Flooring Type: Laminate, Carpet
- Interior: Laminate
- View: City, Territorial
- Exterior: Cement/Concrete, Stucco
- Heating: Baseboard
- Cooling: None
- List Price: $3,150,000
- Price/SqFt: $133
- HOA Amount: $0
- Annual Tax Amount: $11,545
- Tax Year: 2023
- Lot: Corner Lot, Curbs, Paved, Sidewalk
- Directions: From I-5, take Harrison Ave Exit, exit #82, take Harrison Ave toward W 1st St, turn right on F St, turn left on W Hanson St, then immediately turn right onto N Iron St.
- Year Built: 1926
- Stories: 3
- Living Area: 23,641 SqFt
- Lot Size: 0.68 Acres
- MLS Number: 2396701
- MLS Name: NWMLS
- Office Name: Kidder Mathews
- Office Phone: (360) 705-2800
- Listing Agent: Brian Richardson
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 2:47:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 12, 2018 | Home Sold | $1,796,300 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,765,100 | $11,545 |
| 2022 | $1,765,100 | $14,475 |
| 2021 | $1,765,000 | $17,428 |
| 2019 | $1,480,200 | $19,629 |
| 2018 | $1,480,200 | $17,304 |
| 2017 | $989,500 | $13,209 |
History based on county public records data.
Nearby schools
5
Edison Elementary School
Public District PK-3
0.2 mi
•607 H St
4
Washington Elementary School
Public District 4-6
0.9 mi
•800 Field Ave
3
Jefferson Lincoln Elementary School
Public District PK-3
1.1 mi
•400 W Summa St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,599. Most Centralia, WA residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
16%
<35k
64%
35k-100k
19%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
49%
Single, No Kids
14%
Single, with Kids
21%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
College Football
NASCAR
Pro Wrestling
Where do the neighbors shop?
Express/Express For Men
Dollar General
Wal-Mart
Where do the neighbors go to eat?
Sonic
Cracker Barrel
Bob Evans
What do the neighbors drive?
Kia
Ram
Oldsmobile
What do the neighbors listen to?
New Country
Classic Country
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 522 N Iron St
The listing price of 522 N Iron St property is $3,150,000.
The property 522 N Iron St is a house located in Centralia, Washington, 98531.
Active Listing: 522 N Iron St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 522 N Iron St are: Edison Elementary School (GreatSchools Rating 5/10), Washington Elementary School (GreatSchools Rating 4/10), Jefferson Lincoln Elementary School (GreatSchools Rating 3/10), Centralia Middle School (GreatSchools Rating 4/10), Chehalis Middle School (GreatSchools Rating 5/10), Rochester Middle School (GreatSchools Rating 6/10), Futurus High School (GreatSchools Rating 3/10), Centralia High School (GreatSchools Rating 3/10), Green Hill Academic School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $11,545 (source: MLS/based on county public records data).
The last sale was on April 12, 2018 for $1,796,300 (source: MLS/tax record).
The property at 522 N Iron St has 0 bathroom.
The property 522 N Iron St is 23,641 SqFt (source: MLS/tax record).
The year of construction for 522 N Iron St is 1926.
This home is located at 522 N Iron St in Centralia, WA and zip code 98531. This 23,641 square foot home, which was built in 1926, sits on a 0.68 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 23, 2025 and is currently priced at $3,150,000.
Centralia, WA housing market in June 2025 saw over 8 listings sold above listed price, more than 8 sold at listed price and over 8 sold below. In June 2025 in Centralia, WA there were 17.7% more homes for sale than in May. While the average time on the market in June 2025 was 42 days, the median list price was $375,000.
From Rocket Homes Real Estate and based on county public records data.