1016 N Pearl Street · Centralia, WA 98531
Source: NWMLS · Windermere Centralia · Melissa R. Wallace #NWM2519440
About this home
Attention Investors! Don't miss your opportunity to own this turn-key cash cow. City of Centralia allows up to 6 Bds to be rented individually and this 5BD-3BTH home has potential to be easily converted to 6 bds for maximum cash flow. This 3928 sq ft Victorian Era home features 10ft ceilings, dome ceilings, stunning hardwood floors & elegant marble tile and new electrical, plumbing, windows, & insulation. Stay comfortable year-round with 2 heat pumps w/separate thermostats on each floor to ensure energy savings. The heart of the home is a redesigned kitchen boasting granite countertops, custom cabinetry, large walk-in pantry & sleek, black stainless appliances. Designed for every phase of life, the main floor features 2 spacious bedrooms, bath w/walk-in shower & convenient laundry access. The second level includes 2 massive primary suites, each featuring original dome ceilings and expansive walk-in closets. Explore the tower bedroom with separate private entrance. 24x24 2 car garage is sized large enough to hold your full-size pickup truck. Additional off-street parking for 3 vehicles beside the garage. Near historic downtown amenities, Amtrack, college, hospital & parks. Easy I-5 access & 90 min from Seattle & Portland. Floorplans available. Check out Video & 3D tour. Seller Offering up to $10,000 Buyer Credit for Rate Buy-Down or Closing costs!
Location
Basics
- Property type
- Single Family Residence
- Style
- Victorian
- Stories
- 2 stories
- Condition
- Very Good
- Year built
- 1900 (renovated 2020)
- Building area
- 3,928 sq ft
- Lot size
- 6,534 sq ft (0.15 acres)
- County
- Lewis
- MLS #
- NWM2519440
Interior
- Heating
- Forced Air, Heat Pump, High Efficiency (Unspecified)
- Cooling
- Forced Air, Heat Pump, High Efficiency (Unspecified)
- Flooring
- Engineered Hardwood, Marble, Carpet
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s)
- Interior features
- Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, French Doors, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Entry level
- Main
Exterior & lot
- Exterior features
- Cement Planked
- Roof
- Composition
- Foundation
- Concrete Ribbon, Pillar/Post/Pier
- Lot features
- Alley, Curbs, Paved, Sidewalk
- Topography
- Level
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 5
- Garage
- Yes
- Covered spaces
- 2
- Parking features
- Detached Garage, Off Street
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Edison
- Property tax
- $3,995 (2022)
Transaction
- Original list price
- $548,000 (2.4% price cut)
- Listed on
- May 8, 2026
- Days active
- 169
- Price per sq ft
- $147
- Listing terms
- Cash, Conventional, FHA, State Bond, VA Loan
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2018-02-28
- Sold$55,000
Schools
School district: Centralia
- Elementary
- Edison Elem
- Middle
- Centralia Mid
- High
- Centralia High SchoolSchoolDigger 2 stars · Top 66% in WA

Listing provided courtesy of: Windermere Centralia
Listing agent: Melissa R. Wallace.
Based on information submitted to the MLS GRID as of —. 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. IDX information 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. Information is deemed reliable but not guaranteed.
Data last updated 2026-10-15.