350 16th Avenue, Longview, WA 98632

$269,900
1,080
SqFt

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Listing Broker: Woodford Commercial RE; Chris Roewe; 360-501-5500; chris@woodfordcre.com

List Price
$269,900
Status
ACTIVE
MLS#
2595467
Days on Market
0
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,080
Area Total SqFt
1080
Annual Tax Ammount
1748
Internet Provider
Buyer to Verify
Lot Size (sq ft)
4,800
Sewer
Sewer Connected

Property Description

Don’t miss this excellent investment opportunity in Longview, WA! This 1,080 SF single-story duplex features two separate units, each offering 2 bedrooms, 2 bathrooms and separate utility meters on a 4,800 SF lot. With long-term tenants already in place, this property provides immediate rental income and an opportunity to increase returns by adjusting rents to current market rates. Whether you’re an experienced investor looking to expand your portfolio or a first-time investor ready to build wealth through real estate, this income-producing property offers exciting potential. Take advantage of this opportunity to invest in Longview real estate. Call today for more information.

Additional Information

List Date
2026-10-16 21:13:11
Community
Highlands
Net Operating Income
$17,022
Gross Adjusted Income
$20,370
Gross Scheduled Income
$21,000
Total Monthly Income
$1,750
Insurance Expenses
$1,000
Gross Rent Multiplier
13.8
Total Expenses
$3,348
Cap Rate
6
Vacancy Rate
3
Total Number of Units
2
Unit Name
350
Potential Terms
Cash, Conventional
Year Built
1925
Roof
Composition
Site Features
Fenced-Partially
Other Expenses
600
Energy Source
Electric
School District
Longview
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$1,750
Gross Scheduled Income
$21,000
Vacancy Rate
3
Gross Adjusted Income
$20,370
Tax Year
2026
Insurance Expense
$1,000
Total Expenses
$3,348
Net Operating Income
$17,022
Gross Rent Multiplier
13.8
Cap Rate
6
Based on information submitted to the MLS GRID as of . 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.
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