101 SW 2nd St, Chehalis, WA 98532
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101 SW 2nd St, Chehalis, WA 98532
101 SW 2nd St, Chehalis, WA 98532
101 SW 2nd St, Chehalis, WA 98532
101 SW 2nd St, Chehalis, WA 98532
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Listed by:Lee & Associates Commercial RE • Nisha A Tomar
Listed by:Lee & Associates Commercial RE • Nisha A Tomar
$ 10,250,000
Est. payment /mo
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Active

101 SW 2nd St Chehalis, WA 98532

7 Beds

6 Baths

32,560 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 32,560 sqft

Price per Sqft $314

Subdivision Chehalis

MLS Listing ID 2495226

Style 56 - 10+ Units

Bedrooms 7

Year Built 1922

Annual Tax Amount $14,724

Lot Size 2.080 Acres

Property Sub-Type Multi Family

Property Description

Cascade School Apartments is a 51-unit historic adaptive-reuse multifamily community originally built in 1922 and thoughtfully redeveloped through 2024–2025, blending timeless architecture with modern residential upgrades. Designed by Tacoma-based firm Hill, Mock & Griffin, the property features high ceilings, expansive windows, and durable construction that create a distinctive living environment rarely found in today's market. Supported by federal historic tax credits and a property tax reduction, the asset offers an attractive basis, reduced near-term Cap Ex, and improved long-term cash flow stability. Located in the heart of downtown Chehalis along the I-5 corridor between Seattle and Portland, the property benefits from strong regional connectivity, walkable access to local amenities, and a supply-constrained market supported by ongoing downtown revitalization. With four-sided site access, dual entry points, future development potential on the 2.08-acre site, and possible expansion through additional unit development (buyer to verify), Cascade School Apartments presents a rare opportunity to acquire a stabilized, tax-advantaged historic asset with differentiated product and embedded upside.

Location

State WA

County Lewis

Area 430 - Chehalis

Interior

Fireplace false

Appliance Tankless Water Heater

Exterior

Exterior Feature Brick

Amenities Available High Speed Internet

View Y/N Yes

View City, Mountains, Partial, Territorial

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Available

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Chehalis Mid

High Schools W F West High

School District Chehalis

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Northwest MLS (NWMLS)

Nearby Locations

Our Story


From Humble Beginnings to a Nationwide Movement


At simpliHŌM, we know firsthand that real estate is about more than houses — it’s about people, families, and the places they call home. Our journey didn’t begin in a boardroom or with limitless resources. It began with adversity.

 

Our Founder & CEO, Sean Miku, once found himself on food stamps, without a home, and forced to pick the lock on a water meter just to give his baby girl her first bath. Out of those struggles came a relentless determination to build something better — not only for his own family, but for every agent and client who deserved a simpler, more supportive way to experience real estate.

 

With just $30,000 and four agents, simpliHŌM was launched in 2018. From those humble beginnings, we’ve grown into a thriving, people-first brokerage spanning multiple states and serving thousands of agents nationwide — all driven by the same mission: Making Real Estate Simple.

 
Our Mission: Making Real Estate Simple


We believe real estate should be transparent, efficient, and personal. At simpliHŌM, relationships are at the heart of every transaction. Our mission is to remove the unnecessary complexity and stress, creating a seamless experience for clients and empowering agents to thrive.

 
Innovative Technology Meets Human

Anthony Dang

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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