1023 16th Avenue

Longview, WA 98632

  • Bed

  • Bath

  • 4000 SqFt

  • 1 DOM

  • Built: 1966

  • Status: Active

$725,000

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1023 16th Avenue

Longview 98632

$725000

  • Bed

  • Bath

  • 4000 SqFt

  • 1 DOM

  • Built: 1966

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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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Residence Information

  • 4000

  • Composition

  • 55 - 5-9 Units

  • 1966

  • Coin Op Laundry, Stor

Features and Utilities

  • Brick, Wood Products

  • Public

  • Sewer Connected

  • 0

Financial

  • 5247

  • Cash Out, Conventional

  • 10-06-2025

Comparable Information

  • 1

  • 1

  • Cash Out, Conventional

  • $725,000

  • $725,000

  • Oct 06, 2025 22:28

Schools

Elementary : Buyer To Verify N/A Ratings
Middle : Buyer To Verify N/A Ratings
High : Buyer To Verify N/A Ratings

Map

Listing courtesy of Woodford Commercial RE.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Oct 07, 2025 06:14 | Listing last modified Oct 06, 2025 22:28. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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