$525,000

Estimated payment $3,155/month

5 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Laundry Facilities
  • Wall Furnace
  • Landscaped with Trees

About This Home

Great investment opportunity in the heart of Longview with five 1-bedroom, 1-bath units, long-term tenants in place, and the potential for instant cash flow from day one. Each unit offers bright living spaces, neutral finishes, and functional kitchens. Coin-operated laundry on site adds convenience for residents while providing an additional income stream. The distinctive 1928 building brings classic character, while the central location offers easy access to everyday Longview amenities. A strong opportunity for an investor looking to add an established income-producing property to their portfolio.

Listing Agent

Jacqueline Smith

Keller Williams Realty License #26819 Listed on: 09/02/2026

Keller Williams Realty

Co-Listing Agent

Andy Gray

Keller Williams Realty License #26000926

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1928

Lot Details

  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Schools

  • Kessler Elementary School
  • Cascade Middle School
  • Mark Morris High School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03927

Community Details

Overview

  • 5 Units
  • Multi Family Countywide Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $18,723
  • Gross Income $47,331
  • Net Operating Income $28,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,260

Year Built

Built in 1928

Lot Details

0 Sq Ft Lot

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1928
  • Property Attached Yn: No
  • Current Price For Status: 525000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bedrooms: 5
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level, Trees
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Kessler
  • High School: Mark Morris
  • Middle Or Junior School: Cascade

Lot Info

  • Zoning: R04
  • Parcel #: 03927

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Heat, MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3260.34

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 11.09
  • Annual Gross Income: 47331.0
  • Property Net Operating Income: 28608.0
  • Annual Operating Expense: 18723.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,260 $398,710 $56,060 $342,650
2024 $3,260 $376,290 $56,060 $320,230
2023 $3,338 $376,290 $56,060 $320,230
2022 $3,211 $376,290 $56,060 $320,230
2021 $3,095 $322,920 $56,060 $266,860
2020 $2,595 $280,310 $56,060 $224,250
2019 $2,064 $246,574 $38,290 $208,284
2018 $2,064 $191,440 $38,290 $153,150
2017 $2,098 $191,440 $38,290 $153,150
2016 $2,053 $162,730 $32,550 $130,180
2015 $2,227 $162,730 $32,550 $130,180
2013 -- $162,730 $32,550 $130,180
Source: Public Records

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
09/02/2026 09/02/26 For Sale $525,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Purchase 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 Type Sale Price Title Company
Warranty Deed $140,000 Stewart Title
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $100,000 Commercial
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 131964060

Regional Multiple Listing Service (RMLS)
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