1023 16th Avenue, Longview, WA 98632 (MLS # 2441946)

Listing provided courtesy of Northwest MLS; Woodford Commercial RE

PRICE	$725,000
BEDS	0
BATHS	0
HOME SIZE	4,000 sqft
LOT SIZE	5,999 sqft

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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.

LAST UPDATED	10/6/2025	TRACT	Longview
YEAR BUILT	1966	COMMUNITY	Longview
COUNTY	Cowlitz	STATUS	Active
PROPERTY TYPE(S)	Multi Family

SCHOOLS

Elementary School	Buyer To Verify
Jr. High School	Buyer To Verify
High School	Buyer To Verify

ADDITIONAL DETAILS
AIR	None
AREA	404 - Westside
CONSTRUCTION	Brick, Wood Siding
HEAT	Electric
LOT	5998 sq ft
LOT DESCRIPTION	Alley, Curbs, Paved, Sidewalk
MLS STATUS	Active
STORIES	2
STYLE	55 - 5-9 Units
SUBDIVISION	Longview
TAXES	5247
UTILITIES	Sewer Connected
WATER	Public
ZONING	Multi-Family

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/6/25 6:27 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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