👑 5 Acres in Toutle, WA | Creekside Fixer with Room to Grow 👑
Asking Price: $230,000
Five acres in Toutle with a manufactured home already on site, and a creek running through it — this one’s about the land as much as the house. Septic and rehab budget already built in, so the next owner isn’t guessing.
🏠 Property Snapshot
3 bed / 2 bath, ~1,378 sqft
5 acres
Built 1997
ARV: $399,000
⭐ Highlights
5-acre lot with multiple usable outdoor spaces
Wood-burning stove in the living room
Primary bedroom with a walk-in closet
Fenced dog run
Creek running through the property
Scenic Pacific Northwest forest setting with privacy
Located within the Toutle Lake School District
Close to shopping, dining, medical services, and outdoor recreation
Gateway to the Mount St. Helens Recreation Area
✅ What’s Already Done
The house is mostly updated and only needs modest updates. The kitchen is newer and in great shape.
🔧 What’s Left
New septic system (bid included in the inspections link below)
Recommend tearing down the old shop (see photos)
Minor house renovations
Flooring repairs
Painting
Minor siding repairs
💵 Flip Numbers
Purchase Price: $230,000
Est. Rehab: $65,000 ($30K – septic, $10K – building removal, and $25K – house renovations)
Buy Side Closing (title/escrow): $4,000
Holding Costs (1%/mo x 4 months): $9,200
Listing Commission (1.5% of Sales Price): $3,450
Buyer’s Agent Commission (2.5% of Sales Price): $5,750
Total All-In: ~$317,400
ARV: $399,000
💰 Est. Profit (w/ Hard Money): ~$81,600
💰 Est. Profit (Cash/Own Funds): ~$90,800
🔗 Link to Inspections: https://tinyurl.com/inspectionsToutle
📌 CIK Terms: $10K non-refundable EMD due within 24 hours of mutual acceptance. Buyer pays all closing costs. AS-IS sale — informational inspections only, no renegotiations. No assignments. Brokers welcome with pre-disclosed representation.
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Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
