1023 16th Avenue, Longview, WA 98632

Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by:chris roewe
Office:woodford commercial re
MLS#:2441946
Source:NWMLS
1023 16th Avenue,Longview, WA 98632
$725,000
  • - Beds
  • - Baths
  • 4,000 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$725,000
  • Price per sq. ft.:$181.25

About this home

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.

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Home facts

  • Year built:1966
  • Listing ID #:2441946
  • Updated:October 08, 2025 at 10:53 PM

Rooms and interior

  • Living area:4,000 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1966
  • Building area:4,000 sq. ft.
  • Lot area:0.14 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$725,000
  • Price per sq. ft.:$181.25
  • Tax amount:$5,247 (2025)
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