Real Estate Investment Properties for Sale in Kelso, WA

Looking for investment property in Kelso, WA with high ROI ?

Explore a variety of short-term homes & houses in Kelso, WA. Invest wisely with VRBO & Kelso, WA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Kelso, WA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
504 N 7TH Ave Kelso, WA Fantastic Investment Opportunity! This 4-Plex will make the perfect addition to your prope...	8 beds \| 4 baths \| 3,326 sq.ft.	$720,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.68% Airbnb Rental Income: $null Traditional Rental Income: $3067 Airbnb ROI: N/A Traditional ROI: 2.68%
3031 ALLEN St Kelso, WA Charming Country Retreat on 1.5 Acres - Move-In Ready!Enjoy the space, comfort, and peacef...	3 beds \| 2 baths \| 1,528 sq.ft.	$430,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 5.37% Airbnb Rental Income: $1209 Traditional Rental Income: $2968 Airbnb ROI: 0.04% Traditional ROI: 5.37%
803 ELIZABETH St Kelso, WA New Carpet and a large price drop. Seller says SELL!! Excellent value for this 1976 sq ft ...	4 beds \| 2 baths \| 1,976 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.5% Airbnb Rental Income: $null Traditional Rental Income: $3597 Airbnb ROI: N/A Traditional ROI: 7.5%
2040 S RIVER Rd Kelso, WA Chase the sunsets from this extraordinary riverfront retreat. With frontage along Three Ri...	4 beds \| 3 baths \| 2,702 sq.ft.	$879,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $3748 Airbnb ROI: N/A Traditional ROI: 3.32%
605 MILL St Kelso, WA Charming 3 bed, 1 bath home offering 1,092 sqft of updated living space in the heart of Ke...	3 beds \| 1 baths \| 1,092 sq.ft.	$319,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 6.3% Airbnb Rental Income: $1209 Traditional Rental Income: $2603 Airbnb ROI: 0.37% Traditional ROI: 6.3%
2340 KELSO Dr Kelso, WA Tucked in a wooded setting and very close to I-5, this spacious and versatile home offers ...	3 beds \| 3 baths \| 2,980 sq.ft.	$525,000	Airbnb cash on cash: -0.56% Traditional cash on cash: 6% Airbnb Rental Income: $1209 Traditional Rental Income: $4038 Airbnb ROI: -0.56% Traditional ROI: 6%
203 Williams Finney Rd Kelso, WA Welcome to this beautifully updated 3-bedroom, 3-bathroom home boasting stunning city view...	3 beds \| 3 baths \| 2,104 sq.ft.	$450,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 7.17% Airbnb Rental Income: $1209 Traditional Rental Income: $3864 Airbnb ROI: -0.06% Traditional ROI: 7.17%
1604 TARA Ct Kelso, WA Welcome to this spacious 4 bedroom 3 bath 3,108 sq. ft. home located in the desirable Kels...	4 beds \| 2 baths \| 3,108 sq.ft.	$579,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.48% Airbnb Rental Income: $null Traditional Rental Income: $4111 Airbnb ROI: N/A Traditional ROI: 5.48%
709 S 9th Ave Kelso, WA New Construction in Kelso WA. Flex credit/closing cost incentive available when financing ...	3 beds \| 3 baths \| 1,379 sq.ft.	$349,900	Airbnb cash on cash: 0.34% Traditional cash on cash: 6.45% Airbnb Rental Income: $1209 Traditional Rental Income: $2828 Airbnb ROI: 0.34% Traditional ROI: 6.45%
551 HAUSSLER Rd Kelso, WA MOTIVATED SELLER!!! Home needs some TLC. Welcome to a residence with solid design and spac...	4 beds \| 3 baths \| 2,487 sq.ft.	$524,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.04% Airbnb Rental Income: $null Traditional Rental Income: $4039 Airbnb ROI: N/A Traditional ROI: 6.04%
801 COWLITZ Way Kelso, WA Welcome to this beautifully updated, single-level home featuring 3 bedrooms and 1.5 baths....	3 beds \| 2 baths \| 1,402 sq.ft.	$369,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 6.27% Airbnb Rental Income: $1209 Traditional Rental Income: $2900 Airbnb ROI: 0.26% Traditional ROI: 6.27%
49 ESSEX Dr Kelso, WA Experience breathtaking river, territorial, and city views from nearly every room of this ...	4 beds \| 4 baths \| 3,228 sq.ft.	$865,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $5142 Airbnb ROI: N/A Traditional ROI: 4.32%
805 WILLOW St Kelso, WA The convenience on one level living. One owner custom-built 2003 ranch style home with cov...	3 beds \| 2 baths \| 1,504 sq.ft.	$475,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 4.05% Airbnb Rental Income: $1209 Traditional Rental Income: $2456 Airbnb ROI: 0.37% Traditional ROI: 4.05%
311 N 19TH Ave Kelso, WA Opportunity knocks! Fixer opportunity! One level home with new roof and foundation.3 bedro...	3 beds \| 1 baths \| 1,334 sq.ft.	$250,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 8.61% Airbnb Rental Income: $1209 Traditional Rental Income: $2625 Airbnb ROI: 0.96% Traditional ROI: 8.61%
107 MISSION Rd Kelso, WA Turn-Key and Ready for Someone to Call it Home! You will love this 3-bedroom, 2-bath, one-...	3 beds \| 2 baths \| 1,576 sq.ft.	$410,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 5.28% Airbnb Rental Income: $1209 Traditional Rental Income: $2966 Airbnb ROI: -0.3% Traditional ROI: 5.28%
215 NORTH Ave Kelso, WA Lots of potential to own a hobby farm just outside of town. Bring your tools and your imag...	3 beds \| 3 baths \| 1,344 sq.ft.	$461,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 4.62% Airbnb Rental Income: $1209 Traditional Rental Income: $2640 Airbnb ROI: 0.4% Traditional ROI: 4.62%
830 KOOL Rd Kelso, WA Gorgeous 2022 Skyline home on over 1/2 an acre surrounded by trees for added privacy PLUS ...	3 beds \| 2 baths \| 1,493 sq.ft.	$449,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.56% Airbnb Rental Income: $1209 Traditional Rental Income: $2846 Airbnb ROI: -0.26% Traditional ROI: 4.56%
27 LINE Dr Kelso, WA elso - UPDATED Home w/ Shop on 1.77 acres -- 3 Bedroom / 2 Bathroom -- 1836 Sqft - Living ...	3 beds \| 2 baths \| 1,836 sq.ft.	$499,900	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.72% Airbnb Rental Income: $1209 Traditional Rental Income: $2996 Airbnb ROI: 0.06% Traditional ROI: 4.72%
1106 S 11TH Ave Kelso, WA Well-maintained 2-bedroom, 1-bath home with 1,020 sq ft of living space and an attached ex...	2 beds \| 1 baths \| 1,020 sq.ft.	$310,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 5.27% Airbnb Rental Income: $1154 Traditional Rental Income: $2183 Airbnb ROI: 0.44% Traditional ROI: 5.27%
118 BALBOA Loop Kelso, WA Welcome to this one level traditional ranch home in the Lexington area of Kelso. Offering ...	3 beds \| 2 baths \| 1,176 sq.ft.	$345,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 5.7% Airbnb Rental Income: $1209 Traditional Rental Income: $2669 Airbnb ROI: -0.01% Traditional ROI: 5.7%
105 ISLAND VIEW Ln Kelso, WA Spacious and beautifully maintained 5 bedroom, 3 bathroom home nestled on a large lot in t...	5 beds \| 3 baths \| 3,617 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.37% Airbnb Rental Income: $null Traditional Rental Income: $4479 Airbnb ROI: N/A Traditional ROI: 7.37%
506 S 5TH Ave Kelso, WA Looks like a flip, lives like a HOME. Welcome to 506 S 5th Ave-formerly "a project," now a...	3 beds \| 2 baths \| 1,147 sq.ft.	$324,900	Airbnb cash on cash: 1.11% Traditional cash on cash: 8.28% Airbnb Rental Income: $1209 Traditional Rental Income: $3008 Airbnb ROI: 1.11% Traditional ROI: 8.28%
4105 PLEASANT HILL Rd Kelso, WA Discover a wonderful opportunity to own 1.25 acres of flat, usable land paired with a char...	3 beds \| 2 baths \| 1,600 sq.ft.	$450,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 4.94% Airbnb Rental Income: $1209 Traditional Rental Income: $2916 Airbnb ROI: -0.04% Traditional ROI: 4.94%
300 CROSS CREEK Rd Kelso, WA Privately gated and thoughtfully designed, this custom built 2022 home offers a rare combi...	3 beds \| 3 baths \| 2,834 sq.ft.	$1,374,900	Airbnb cash on cash: -1.17% Traditional cash on cash: 1.36% Airbnb Rental Income: $1209 Traditional Rental Income: $4050 Airbnb ROI: -1.17% Traditional ROI: 1.36%
301 COLUMBIA St Kelso, WA Beautifully updated 2-bedroom cottage offers a perfect blend of comfort and modern style. ...	2 beds \| 2 baths \| 1,800 sq.ft.	$318,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 8.1% Airbnb Rental Income: $1154 Traditional Rental Income: $3080 Airbnb ROI: 0.39% Traditional ROI: 8.1%
103 RAINBOW Way unit: 2 Kelso, WA Move-in ready 3 bed, 2.5 bath, 1,502 sq ft condo with attached garage in the desirable Lex...	3 beds \| 3 baths \| 1,502 sq.ft.	$299,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 7.17% Airbnb Rental Income: $1209 Traditional Rental Income: $2724 Airbnb ROI: 0.4% Traditional ROI: 7.17%
601 AYERS St Kelso, WA Charming and well-maintained duplex on a quiet corner lot, offering excellent investment o...	5 beds \| 3 baths \| 2,460 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.2% Airbnb Rental Income: $null Traditional Rental Income: $4018 Airbnb ROI: N/A Traditional ROI: 9.2%
903 S 3RD Ave Kelso, WA Fully paid-for solar panels transferred to buyer upon closing at no cost to buyer! Fresh u...	3 beds \| 2 baths \| 1,347 sq.ft.	$325,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 6.94% Airbnb Rental Income: $1209 Traditional Rental Income: $2795 Airbnb ROI: 0.47% Traditional ROI: 6.94%

Real Estate investment in Kelso, WA

There are 29 properties for sale in the city of Kelso . The median list price in Kelso is $449,000 and the average price per square foot is $243. In April 2026, the average monthly cash on cash return in Kelso is 6.00%. The average monthly rental income in Kelso is $2,996.

Kelso, WA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 29 investment properties available for sale in Kelso.

In 2026, the best neighborhood to buy investment property is Kelso.

The ROI for Short-Term is higher than the Long-Term in Kelso with average rental income of $1,209.

Your search for investment property begins and ends here

Investment Property for Sale in Kelso, WA

504 N 7TH Ave

Kelso, WA

8 beds | 4 baths | 3,326 sq.ft.

$720,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.68%

Airbnb Rental Income: $null

Traditional Rental Income: $3067

Airbnb ROI: N/A

Traditional ROI: 2.68%

3031 ALLEN St

Kelso, WA

3 beds | 2 baths | 1,528 sq.ft.

$430,000

Airbnb cash on cash: 0.04%

Traditional cash on cash: 5.37%

Airbnb Rental Income: $1209

Traditional Rental Income: $2968

Airbnb ROI: 0.04%

Traditional ROI: 5.37%

803 ELIZABETH St

Kelso, WA

4 beds | 2 baths | 1,976 sq.ft.

$399,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.5%

Airbnb Rental Income: $null

Traditional Rental Income: $3597

Airbnb ROI: N/A

Traditional ROI: 7.5%

2040 S RIVER Rd

Kelso, WA

4 beds | 3 baths | 2,702 sq.ft.

$879,999

Airbnb cash on cash: N/A

Traditional cash on cash: 3.32%

Airbnb Rental Income: $null

Traditional Rental Income: $3748

Airbnb ROI: N/A

Traditional ROI: 3.32%

605 MILL St

Kelso, WA

3 beds | 1 baths | 1,092 sq.ft.

$319,900

Airbnb cash on cash: 0.37%

Traditional cash on cash: 6.3%

Airbnb Rental Income: $1209

Traditional Rental Income: $2603

Airbnb ROI: 0.37%

Traditional ROI: 6.3%

2340 KELSO Dr

Kelso, WA

3 beds | 3 baths | 2,980 sq.ft.

$525,000

Airbnb cash on cash: -0.56%

Traditional cash on cash: 6%

Airbnb Rental Income: $1209

Traditional Rental Income: $4038

Airbnb ROI: -0.56%

Traditional ROI: 6%

203 Williams Finney Rd

Kelso, WA

3 beds | 3 baths | 2,104 sq.ft.

$450,000

Airbnb cash on cash: -0.06%

Traditional cash on cash: 7.17%

Airbnb Rental Income: $1209

Traditional Rental Income: $3864

Airbnb ROI: -0.06%

Traditional ROI: 7.17%

1604 TARA Ct

Kelso, WA

4 beds | 2 baths | 3,108 sq.ft.

$579,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.48%

Airbnb Rental Income: $null

Traditional Rental Income: $4111

Airbnb ROI: N/A