1023 16th Ave Longview, WA 98632
New West Side NeighborhoodEstimated payment $4,365/month
About This Home
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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2441946
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,247
Year Built
- Built in 1966
Lot Details
- 6,000 Sq Ft Lot
- Property is in average condition
Parking
- Open Parking
Home Design
- Brick Exterior Construction
- Composition Roof
- Wood Composite
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Community Details
- No Home Owners Association
- Longview Subdivision
Listing and Financial Details
- Assessor Parcel Number 01067
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,495 | $646,500 | $72,350 | $574,150 |
| 2024 | $5,495 | $635,240 | $72,350 | $562,890 |
| 2023 | $5,247 | $608,440 | $72,350 | $536,090 |
| 2022 | $4,966 | $559,700 | $72,350 | $487,350 |
| 2021 | $3,991 | $499,850 | $72,350 | $427,500 |
| 2020 | $3,331 | $361,730 | $72,350 | $289,380 |
| 2019 | $2,585 | $316,800 | $48,000 | $268,800 |
| 2018 | $3,146 | $240,000 | $48,000 | $192,000 |
| 2017 | $2,578 | $240,000 | $48,000 | $192,000 |
| 2016 | $2,522 | $200,000 | $40,000 | $160,000 |
| 2015 | $2,736 | $200,000 | $40,000 | $160,000 |
| 2013 | -- | $200,000 | $40,000 | $160,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/27/2026 05/27/26 | Pending | -- | -- | -- |
| 10/06/2025 10/06/25 | For Sale | $725,000 | -- | $181 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2441946
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Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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