1023 16th Avenue

Longview, WA 98632

  • Bed

  • Bath

  • 4000 SqFt

  • 8 DOM

  • Built: 1966

  • Status: Active

$725,000

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1023 16th Avenue

Longview 98632

$725000

  • Bed

  • Bath

  • 4000 SqFt

  • 8 DOM

  • Built: 1966

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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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