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About the Listing 181 - 59546
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.
Listing Highlights for 1023 16th Ave
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
2441946
Year Built
1966
Total Square Footage
4,000
Lot/Acreage
0.14
Interior Details
- Bedrooms: 10
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Longview
Exterior Details
- Lot Description: Alley,Curbs,Paved,Sidewalk,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: Multi-Family
- Roof: Composition
- Others: Brick,Wood Products,Average
- Sewer: City of Longview
Financial Details
- Tax Amount: $5,247
- Taxes w/Assessments: N/A
- Tax/Property ID: 01067
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
1023 16th Ave Longview, WA 98632
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