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1023 16th Avenue

Longview, WA 98632
  • $725,000
  • STATUS: Active
  • MLS #: 2441946
UPDATED: 15 min ago
$725,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,000
    SQFT
  • $181
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Woodford Commercial RE.
Mortgage Calculator is provided by BoomTown.

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.

Monthly Payment Calculator



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-16T09:15:09.693. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-16T09:15:09.693. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.communityrealestategroup.com/homes/168600984
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1023 16th Avenue Longview, WA 98632

  • Price: $725,000
  • Status: Active
  • On Site: Days
  • Updated: 15 min ago
  • MLS #: 2441946
0
Beds
0
Baths
0
½ Baths
0.14
Acres
4,000
SQFT
$181
$/SQFT
1966
Built
Neighborhood:
Longview
County:
Cowlitz
Area:
West Kelso West of 15th
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Longview
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.
Exterior Features

Carport Spaces 5 Carport YN No Covered Spaces 0 Exterior Features BrickWood Products Lot Features AlleyCurbsPavedSidewalk Open Parking Spaces 1 Open Parking YN Yes Parking Total 6 Parking Uncovered Spaces 1 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 4000 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring LaminateCarpet Heating Other – See Remarks Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op LaundryStorage Association Fee 0 Association YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 41525 New Construction YN No Possession ClosingSubject to Tenant Rights Possible Use Multi-Family Power Company Cowlitz PUD Power Production Type Electric Property Condition Average Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Sewer Company City of Longview Special Listing Conditions None Tax Annual Amount 5247 Tax Year 2025 Units In Building Total 5 Water Company City of Longview Water Source Public Year Built Effective 1966 Zoning Description Multi-Family Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-16T09:15:09.693. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-16T09:15:09.693. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Keller Williams Spokane
6515 W Clearwater, Ste 224
Kennewick WA, 99336
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Woodford Commercial RE.
Mortgage Calculator is provided by BoomTown.