1023 16th Avenue Longview, WA 98632
1023 16th Avenue
Longview, WA 98632
$725,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Longview
5-9 Units
Exterior: Brick
Exterior: Wood Products
Roof: Composition
Year Built: 1966
2025 Taxes: $5247.00
Buyer Broker Comp.: 2.5
Listing #: 2441946
Lot Details
Lot Size: 0.14 acres
Alley
Curbs
Paved
Sidewalk
No. of Units: 5
Interior
Cooling: None
Heating: Other – See Remarks
Electric
Common Features
Coin Op Laundry
Storage
Schools
District: Longview
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Buyer To Verify
Call or Email:
Grace Wamwere
What's Near 1023 16th Avenue Longview, WA 98632?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of Woodford Commercial RE
