Sold

Listed by: Woodford Commercial RE

Bought with: Woodford Commercial RE

$695,000

1023 16th Avenue, Longview, WA 98632

10beds

5baths

4,000sqft

Multi Family

Built in 1966

-- sqft lot

$694,900 Zestimate^®

$174/sqft

$1,384 Estimated rent

Home value

$694,900

$660,000 - $730,000

$1,384/mo

Zestimate^® history

Owner options

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$1,384/mo

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$1,384/mo

Rent Zestimate^®

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$4,089/mo

Est. payment

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$4,089/mo

Est. payment

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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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 5

Heating

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 sqft
Features: Curbs, Paved, Sidewalk

Details

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

Construction

Type & style

Home type: MultiFamily
Architectural style: 5-9 Units
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 & neighborhood

Location

Region: Longview
Subdivision: Longview

Other

Other facts

Listing terms: Conventional
Cumulative days on market: 234 days

Price history

Date	Event	Price
6/17/2026	Sold	$695,000-4.1%$174/sqft
Source: NWMLS as distributed by MLS GRID #2441946 Report a problem
5/27/2026	Pending sale	$725,000$181/sqft
Source: NWMLS as distributed by MLS GRID #2441946 Report a problem
10/6/2025	Listed for sale	$725,000+156.2%$181/sqft
Source: NWMLS as distributed by MLS GRID #2441946 Report a problem
2/9/2010	Sold	$283,000$71/sqft
Source: NWMLS as distributed by MLS GRID #29097706 Report a problem