259 20th Ave Longview, WA 98632
Highlands NeighborhoodEstimated payment $5,632/month
Highlights
- No HOA
- Heating System Mounted To A Wall or Window
- 5-minute walk to Archie Anderson Park
About This Home
Newly built fourplex fully occupied and income-producing from day one! Each unit offers 3 bedrooms, 1.5 baths, and over 1,000 sq. ft. of living space with an open kitchen and family room. All bedrooms are upstairs. Current rents are $1,950, with some Section 8 tenants. Seller financing available with 20–30% down. Perfect for investors seeking strong returns!
Listing Agent
eXp Realty, LLC Brokerage Phone: 253-221-2411 License #201237025 Listed on: 08/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $198
Year Built
- Built in 2023 | Remodeled
Lot Details
- 4,791 Sq Ft Lot
Parking
- Driveway
Home Design
- Concrete Perimeter Foundation
- Wood Composite
Interior Spaces
- 4,600 Sq Ft Home
- 2-Story Property
- Fire Sprinkler System
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Schools
- Kessler Elementary School
- Monticello Middle School
- Ra Long High School
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 042040100
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $4,896
- Gross Income $88,800
- Net Operating Income $83,904
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $7,098 | $821,070 | $101,230 | $719,840 |
| 2023 | $198 | $21,500 | $21,500 | $0 |
| 2022 | $223 | $21,500 | $21,500 | $0 |
| 2021 | $246 | $21,500 | $21,500 | $0 |
| 2020 | $119 | $21,500 | $21,500 | $0 |
| 2019 | $119 | $11,820 | $11,820 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $1,075,000 | +2.4% | $234 / Sq Ft | |
| 05/05/2025 05/05/25 | Sold | $1,050,000 | 0.0% | $228 / Sq Ft | View Prior Sale |
| 01/21/2025 01/21/25 | Pending | -- | -- | -- | |
| 10/16/2024 10/16/24 | For Sale | $1,050,000 | -- | $228 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 610137771
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