NOT LISTED FOR SALE
5 Beds
5 Baths
3,000 Sq Ft
1930 Built

Last Sold September 12, 2022

Last sale price $546,000 $182 Per Sq Ft

Highlights

  • Storage
  • Level Lot
  • Wall Furnace

About This Home

As of September 2022

Great investment opportunity in Longview! 5 Units all 1 Bed 1 bath, All leases end in less than six months and are currently rented under market value so higher rents can be achieved. Rare location that is close to schools, .2 miles to Olympic, 2 minute bike ride to lake Sacajawea, 5 minute drive to Peace Health/St Johns. Excellent property for Airbnb, Traveling Nurses etc. Roof recently replaced and units have been well maintained. Shared parking area and individual storage sheds for each unit.

Last Agent to Sell the Property

Allen Anderton

Keller Williams Realty License #106011 Listed on: 04/20/2022

Keller Williams Realty

Last Buyer's Agent

Forrest Barrett

Premiere Property Group, LLC License #124106

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,438

Year Built

  • Built in 1930

Lot Details

  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Composition Roof
  • Shake Siding
  • Cedar

Interior Spaces

  • 3,000 Sq Ft Home
  • Storage

Schools

  • Mt Solo Middle School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 0593801

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $10,638
  • Gross Income $48,300
  • Net Operating Income $37,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,438

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1930
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar,ShakeSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Middle Or Junior School: Mt Solo

Lot Info

  • Zoning: R01
  • Parcel #: 0593801

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 3438.08

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 12.19
  • Annual Gross Income: 48300.0
  • Property Net Operating Income: 37662.0
  • Annual Operating Expense: 10638.0

Range of Values:

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Average Value
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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
09/12/2022 09/12/22 Sold $546,000 -7.3% $182 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/18/2022 08/18/22 Price Changed $589,000 -5.7% $196 / Sq Ft
07/28/2022 07/28/22 Price Changed $624,900 -3.7% $208 / Sq Ft
05/25/2022 05/25/22 Price Changed $649,000 -5.3% $216 / Sq Ft
05/10/2022 05/10/22 Price Changed $685,000 -4.7% $228 / Sq Ft
04/20/2022 04/20/22 For Sale $719,000 -- $240 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22076866

Regional Multiple Listing Service (RMLS)