1023 16th Avenue, Longview, WA 98632
Local realty services provided by:CENTURY 21 Tri-Cities
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:March 18, 2026 at 10:58 AM
Rooms and interior
- Flooring:Carpet, Laminate
- 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
- Lot Features:Alley, Curbed Lot, Paved, Sidewalk
- Construction Materials:Brick Exterior Finish, Wood Products Exterior Finish
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)
Parking
- Total parking spaces:6
- Parking description:Uncovered Space(s) : 1
- Carport spaces:5
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