Listed by David Thelin • Windermere Northwest Living.
For sale
$490,000
Est. $3,223/mo —
6
bd
•
6 ba
•
3,026
sq ft
364 Cemetery Rd, Castle Rock, WA 98611
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About this home
Fantastic investment opportunity! This recently built townhouse-style duplex offers two well-appointed units, each featuring 3 bedrooms, 2.5 baths, and 1,513 square feet. High ceilings and recessed lighting enhance the main living areas, while the kitchens showcase quartz countertops, shaker cabinetry, and stainless steel appliances. Each primary suite includes a walk-in closet, recessed lighting, and an adjoining full bathroom. Both units feature double-pane vinyl windows, forced-air heating with heat pumps, concrete patios, fully fenced yards, and an attached single-car garage. Conveniently located near I-5, schools, parks, and everyday amenities, this property combines modern finishes with practical features. Well and septic service help limit utility expenses, supporting the advertised 7.7% capitalization rate. Also, very strong tenant history! You may be able to build additional units on this parcel. Don’t miss the opportunity to add this duplex to your investment portfolio!
Multi-familyProperty Type
2023Year Built
1.9 acresLot Size
$162Price/Sq.Ft.
2 car garageParking
Listed by David Thelin• Windermere Northwest Living
Fantastic investment opportunity! This recently built townhouse-style duplex offers two well-appointed units, each featuring 3 bedrooms, 2.5 baths, and 1,513 square feet. High ceilings and recessed lighting enhance the main living areas, while the kitchens showcase quartz countertops, shaker cabinetry, and stainless steel appliances. Each primary suite includes a walk-in closet, recessed lighting, and an adjoining full bathroom. Both units feature double-pane vinyl windows, forced-air heating with heat pumps, concrete patios, fully fenced yards, and an attached single-car garage. Conveniently located near I-5, schools, parks, and everyday amenities, this property combines modern finishes with practical features. Well and septic service help limit utility expenses, supporting the advertised 7.7% capitalization rate. Also, very strong tenant history! You may be able to build additional units on this parcel. Don’t miss the opportunity to add this duplex to your investment portfolio!
Jun 12, 2025
Rental Removed
APPFOLIO #2
$1,850
$1/sq ft
May 2, 2025
Price Changed
APPFOLIO #2
$1,850
$1/sq ft
Apr 26, 2025
Price Changed
APPFOLIO #2
$1,900
$1/sq ft
Feb 7, 2025
Listed for Rent
APPFOLIO #2
$1,975
$1/sq ft
Jun 11, 2024
Rental Removed
APPFOLIO #1
$1,950
$1/sq ft
Jun 8, 2024
Price Changed
APPFOLIO #1
$1,950
$1/sq ft
Jun 1, 2024
Price Changed
APPFOLIO #1
$2,000
$1/sq ft
May 11, 2024
Listed for Rent
APPFOLIO #1
$2,100
$1/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,298 (+45.5%)
$57,200 + $564,060
$621,260
2025
$3,642 (+10.4%)
$57,200 + $564,060
$621,260
2024
$3,298 (+539.5%)
$57,200 + $369,830
$427,030
2023
$516
$57,200 + $342,440
$399,640
Public record
Beds
6
Baths
5
Stories
—
Lot width
—
Lot depth
—
Lot size
1.9 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
2023
Style
Multi-Family (2-4 Unit)
County
Cowlitz County
APN
309300101
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 89° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
8 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Castle Rock, WA • 98611
Average low and high temperatures (°F)
44
33
46
34
53
38
62
39
67
45
74
49
79
52
78
56
73
51
59
43
49
40
46
38
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.2 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 364 Cemetery Rd
$510,487
$20K over list price of $490K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $386K to $485K.