$249,999
 $1,342 est/mo Sourced by Back At You

720 W Chestnut Street,Centralia, WA 98531

Centralia, WA 98531

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Description

A golden opportunity to own rent or flip this 3 bed charmer. space to add primary bath in 3rd bedroom or utility room for sure. Not financeable in current ran down state. if you buy AS IS \with a rehabilitation loan ALL YOUR LABOR AND MATERIALS can be financed above the low asking price listed above. Not a fake news loss leader, simply a solid shell that needs your creative and or stylish touch, Rare chance to go ALL IN on your skills and most loans allow 12 months to do repairs. 1 catch you do repairs and then re draw the money. Preference to cash offers. open floor plan allows addition of real fancy kitchen and Long Island, 1 bath currently needs makeover, some LVP new flooring, minor concessions of paint, flooring, and landscaping should be a cinch for even Home Depot level remodelers to get this rental grade ready. its a transformation just waiting to be won. Do you have the vision to pull this off with a streamline rehab or full blown FHA 203k budget in Lewis county allows Roughly $540,000 for materials, labor, and AS IS acquisition. Google this now, its like flipping your own home to yourself if owner occupied intentions for the same 12 month minimum occupancy. you're probably going to rip off the roof anyway, doubling the square footage should be very profitable and enjoyable. dont miss the long fenced backyard, bunny house, and extra storage shacks. Enclosed porch would make an awesome backyard kitchen, spend all the rehab money in style to enjoy for decades.

Details

MLS #2571194
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1950
Days On Site17
Listing Provided ByMichael J Real Estate LLC | Michael J Jerabek

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,056
Story(s)1
ZoningR8
Acreage0.13

Taxes

Property2276

Area Information

StateWA
CountyLewis
CityCentralia
Zip Code98531
Area426 Centralia
Community NameCentralia
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Centralia)
Price:
$249,999
low | high
Med:
$414,925
15.970663882656% of Average
sqft:
1,056
low | high
Med:
2,072
46.212121212121% of Average
$ / sqft:
$237
low | high
Med:
$204
63.928707819496% of Average
On site:
17
low | high
Med:
64
26.5625% of Average
Sourced by Back At You

Market Activity 98531

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Learn More About This Property

StateWA
CountyLewis
CityCentralia
Zip Code98531
Area426 Centralia
Community NameCentralia
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Centralia)
Price:
$249,999
low | high
Med:
$414,925
15.970663882656% of Average
sqft:
1,056
low | high
Med:
2,072
46.212121212121% of Average
$ / sqft:
$237
low | high
Med:
$204
63.928707819496% of Average
On site:
17
low | high
Med:
64
26.5625% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $187K - $312K
sqft: 792 - 1,000
Nearby Listings Property ImageNearby Listings Details
701 S Silver Street Property Photo 1
$300,000
701 S Silver Street
Centralia, WA 98531
Listing Updated: August 20, 2026 at 4:15:58 AM PDT