Active

Listed by:

Chris Roewe,

Woodford Commercial RE

$725,000

1023 16th Avenue, Longview, WA 98632

10beds

5baths

4,000sqft

Est.:

Multi Family

Built in 1966

-- sqft lot

$698,800 Zestimate^®

$181/sqft

$-- HOA

What's special

Exterior storageCoin-operated laundry machinesComfortable layoutsIn-unit laundry hookups

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.

65 days

234

15

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 5

Heating

Other – See Remarks, Electric

Cooling

None

Features

Flooring: Laminate, Carpet
Has fireplace: No

Interior area

Total structure area: 4,000
Total interior livable area: 4,000 sqft

Property

Parking

Total spaces: 6
Parking features: Open
Carport spaces: 5
Uncovered spaces: 1

Lot

Size: 5,998.21 Square Feet
Features: Curbs, Paved, Sidewalk

Details

Parcel number: 01067
Zoning description: Multi-Family,Jurisdiction: City
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Wood Products
Roof: Composition

Condition

Average
Year built: 1966
Major remodel year: 1966

Utilities & green energy

Electric: Company: Cowlitz PUD
Sewer: Sewer Connected, Company: City of Longview
Water: Public, Company: City of Longview

Community & HOA

Community

Subdivision: Longview

Location

Region: Longview

Financial & listing details

Price per square foot: $181/sqft
Annual tax amount: $5,247
Date on market: 10/5/2025
Cumulative days on market: 89 days
Listing terms: Cash Out,Conventional

Estimated market value

$698,800

$664,000 - $734,000

$1,529/mo

Price history

Date	Event	Price
10/6/2025	Listed for sale	$725,000+156.2%$181/sqft
Source: NWMLS #2441946 Report a problem
2/9/2010	Sold	$283,000+1.4%$71/sqft
Source: NWMLS #29097706 Report a problem
12/12/2005	Sold	$279,000$70/sqft
Source: NWMLS #25155190 Report a problem