$425,000
SOLD JAN 31, 2012
-- Bed
-- Bath
10,808 Sq Ft
0.4 Acres

Recently Sold

$39 Per Sq Ft

8% Above List Price

7 Days on Market

Highlights

  • 0.4 Acre Lot
  • Ceramic Tile Flooring
  • 1-minute walk to Kellogg Park

About This Home

As of August 2021

Incredible potential for cash flow and rare opportunity with this 12 plex. (Two six unit buildings 1942 and 1950, two tax parcels) Eight 2-bed 1 bath units and Four 3-bed 1 bath units. Many updates and improvements throughout. Many capital improvements and repairs completed. Near city park. Off street paved parking. Coin-operated laundry. Well known on-site manager.

Last Agent to Sell the Property

Michael Wallin

Keller Williams-Premier Prtnrs License #24264 Listed on: 01/12/2012

Keller Williams-Premier Prtnrs

Last Buyer's Agent

Michael Wallin

Keller Williams-Premier Prtnrs License #24264 Listed on: 01/12/2012

Keller Williams-Premier Prtnrs

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 310151

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,417

Year Built

  • Built in 1975

Lot Details

  • 0.4 Acre Lot

Home Design

  • Fixer Upper
  • Flat Roof Shape
  • Poured Concrete
  • Wood Composite

Interior Spaces

  • 10,808 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Community Details

  • Olympic Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06763169

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,417

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1975
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 10808
  • Special Features: None
  • Cumulative Days on Market: 333

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • Lot Features: Alley, Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Cowlitz PUD
  • SewerCompany: City of Longview
  • WaterCompany: City of Longview
  • WaterSewerGarbage: 7400

Schools

  • Junior High Dist: Longview
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 06763169
  • Lot Size Acres: 0.4037
  • Lot Size Sq Ft: 17586
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 5
  • LeasedItems: None
  • TotalMonthlyIncome: 7000

Multi Family

  • Gross Scheduled Income: 84000
  • Net Operating Income: 49294
  • Number Of Units Total: 12
  • Electric Expense: 700
  • Insurance Expense: 2808
  • Leasable Area: 10808
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 10

Tax Info

  • Year: 2010
  • Tax Annual Amount: 4417

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $1,150,000 -23.1% $106 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $1,495,000 +251.8% $138 / Sq Ft
01/31/2012 01/31/12 Sold $425,000 +7.6% $39 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $395,000 -- $37 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 310151

Northwest Multiple Listing Service (NWMLS)