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3205 Pacific Way, Longview, WA 98632

Longview
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: travis newton
Office: cascade hasson sotheby's int'l
MLS#:2541624
Source:NWMLS
3205 Pacific Way,Longview, WA 98632
$999,900
  • - Beds
  • - Baths
  • 4,208 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$999,900
  • Price per sq. ft.:$237.62

About this home

Twin NNN Leased Care Homes at 7.44% CAP rate! 3205 & 3215 Pacific Way, Longview, WA. Rare package offering two identical, purpose-built 6-bedroom adult family homes, each independently licensed and operated since construction by separate businesses. Both on NNN leases at $3,100/month each ($74,400 combined annual NOI) — approx. 7.44% cap rate. Each lease has 4 years remaining plus a 5-year renewal option, offering up to 9 years of contracted income visibility. Tenants cover taxes, insurance, and maintenance, leaving ownership largely passive. Two separate operators reduce tenant-concentration risk versus a single-tenant net lease. Purpose-built construction means no costly retrofitting for licensing or accessibility. Both homes sit on a large third of an acre. Both homes were designed from the ground up for residential care use. New roofs on both buildings (2019) minimize near-term capital needs. Located in Longview, WA, along the I-5 corridor between Portland and Seattle, serving a...

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Home facts

  • Year built:1999
  • Listing ID #:2541624
  • Updated:June 18, 2026 at 12:45 AM

Rooms and interior

  • Flooring:Laminate
  • Living area:4,208 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1999
  • Building area:4,208 sq. ft.
  • Lot area:0.68 Acres
  • Construction Materials:Cement/Concrete Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$999,900
  • Price per sq. ft.:$237.62
  • Tax amount:$3,300 (2026)

Parking

  • Total parking spaces:8
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 18, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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