MLS #2441946 / Listing provided by NWMLS & Woodford CRE.
$725,000
1023 16th Avenue
Longview,
WA
98632
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 6
- Uncovered Parking Spaces: 1
- Open Parking Spaces: 1
Structure
- Roof: Composition
- Exterior Features: Brick, Wood Products
Lot Details
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Acres: 0.1377
Schools
- High School District: Longview
- High School: Buyer To Verify
- Middle School: Buyer To Verify
- Elementary School: Buyer To Verify
Lot Details
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Acres: 0.1377
Power
- Energy Source: Electric
- Power Company: Cowlitz PUD
Water, Sewer, and Garbage
- Sewer Company: City of Longview
- Sewer: Sewer Connected
- Water Company: City of Longview
- Water Source: Public
- Water, Sewer, and Garbage: 5763
Theresa Lim
Broker | REALTOR®
Send Theresa Lim an email