NOT LISTED FOR SALE

3024 Washington Way Longview, WA 98632

Olympic West Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.8 Acres

Last Sold December 15, 2017

Last sale price $575,000

67 Days on Market

Highlights

  • 0.8 Acre Lot
  • Wall to Wall Carpet
  • 4-minute walk to Cloney Park
  • Corner Lot

About This Home

As of December 2017

Great value in this 10 unit complex that sits on approx. 35,000 SF spread over three parcels with potential to add more units. This complex is made up of nine one bedroom units and one three bedroom unit. In addition there is laundry on site and covered parking. This complex is offered at a 7.59% CAP Rate and 7.09% GRM with room for rent increases. Financials available upon request. Perfect starter investment or add to your existing portfolio.

Last Agent to Sell the Property

Chris Roewe

Woodford Commercial RE License #23495 Listed on: 09/06/2017

Last Buyer's Agent

Chris Roewe

Woodford Commercial RE License #23495 Listed on: 09/06/2017

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1189907

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,999

Year Built

  • Built in 1938

Lot Details

  • 0.8 Acre Lot
  • Corner Lot

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Community Details

  • Longview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06197

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,999

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1938
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Must show to receive.
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 10
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 9959

Schools

  • Junior High Dist: Longview

Lot Info

  • Parcel Number: 06197
  • Lot Size Acres: 0.8035
  • Lot Size Sq Ft: 35000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 6088

Multi Family

  • Gross Scheduled Income: 78600
  • Net Operating Income: 41756
  • Number Of Units Total: 1
  • Electric Expense: 1485
  • Insurance Expense: 2933
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5999

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
12/15/2017 12/15/17 Sold $575,000 +4.5% --
11/13/2017 11/13/17 Pending -- -- --
10/24/2017 10/24/17 For Sale $550,000 0.0% --
10/09/2017 10/09/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $550,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris Roewe

    Seller's Agent in 2017

    Chris Roewe

    Woodford Commercial RE

    (360) 556-5101

    4 in this area

    101 Total Sales

    Chris Roewe
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1189907

Northwest Multiple Listing Service (NWMLS)
Washington Cowlitz County Longview 98632 Olympic West

3024 Washington Way, Longview, WA

This home is located at 3024 Washington Way, Longview, WA 98632 since 06 September 2017. This property was built in 1938. 3024 Washington Way is a home located in Cowlitz County with nearby schools including Olympic Elementary School, Monticello Middle School, and R.A. Long High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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