Longview, WA 98632,1023 16th AVE
Longview, WA 98632,1023 16th AVE
Longview, WA 98632,1023 16th AVE
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Listed by Woodford Commercial RE Chris Roewe 
$725,000
Est. payment /mo
10 Beds
5 Baths
4,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $181

Subdivision Longview

MLS Listing ID 2441946

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1966

Annual Tax Amount $5,247

Lot Size 6,000 Sqft

Property Sub-Type Multi Family

Property Description

Fantastic investment opportunity just blocks from Lake Sacajawea! This well-maintained five-plex offers 4,000 SF of total living space on a 6,000 SF lot, featuring 5 spacious 2-bed/1-bath units. Each unit offers comfortable layouts, with select units featuring fireplaces & in-unit laundry hookups. Additional features include a 5-car carport, exterior storage, & coin-operated laundry machines that transfer with sale. Property generates solid income & offers strong upside potential through increased occupancy, value-add improvements, & rent adjustments to current market rates. Offered at a 5.7% CAP rate & connected to Longview utilities. Occupied interior tours available upon mutual acceptance.

Location

State WA

County Cowlitz

Area 404 - Westside

Interior

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Wood Products

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Longview

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional


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Northwest MLS (NWMLS)

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 15
  • 6

    Columbia Valley Garden Elementary School

    Public | KG - 5

  • 5

    Wallace Elementary School

    Public | KG - 5

  • 5

    Catlin Elementary School

    Public | KG - 5

  • 5

    Barnes Elementary School

    Public | KG - 5

  • 4

    Olympic Elementary School

    Public | KG - 5

  • 3

    Columbia Heights Elementary School

    Public | KG - 5

  • 1

    Saint Helens Elementary School

    Public | PK - 5

  • 1

    Kessler Elementary School

    Public | KG - 5

  • 1

    Northlake Elementary School

    Public | KG - 5

  • 1

    Mint Valley Elementary School

    Public | KG - 5

  • 0

    St Rose School

    Private | PK - 8

  • 0

    Gateway Learning Center

    Private | KG - 12

  • 0

    Special Education

    Public | PK - 12

  • 0

    Three Rivers Christian School

    Private | PK - 12

  • 0

    Montessori Childrens House of Long View

    Private | PK - KG

Middle Schools 6
  • 5

    Monticello Middle School

    Public | 6 - 8

  • 4

    Cascade Middle School

    Public | 6 - 8

  • 3

    Huntington Middle School

    Public | 6 - 8

  • 1

    North Columbia Academy

    Public | 7 - 12

  • 0

    Cowlitz County Youth Services Center

    Public | 6 - 12

  • 0

    Kelso Virtual Academy

    Public | 8 - 12

High Schools 3
  • 6

    R a Long High School

    Public | 9 - 12

  • 5

    Mark Morris High School

    Public | 9 - 12

  • 0

    On Track Academy

    Public | 9 - 12

School and business data provided by Attom Data.
Eric Young

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1023 16th AVE