$1,200,000

Estimated payment $6,529/month

Total Views 23,104
9 Beds
9 Baths
7,044 Sq Ft
$170 Price per Sq Ft

Highlights

  • 0.28 Acre Lot
  • Level Lot
  • 3-minute walk to Seventh Avenue Park Development Committee
  • Storage
  • Heating System Mounted To A Wall or Window

About This Home

This could be the perfect 12 unit apartment complex for you to add to your portfolio. All 12 units are 1 bed 1 bath units. The complex has some updated features including newer; roof, decks, porches, exterior paint, plumbing, water main line, and sewer main line. 8 of the 12 units have been completely updated. Coin-op laundry for additional income. Outside you will have alley parking, on street parking, and a storage shed for each unit. Complex is also located directly across the street from a park.

Listing Agent

Jesse Cope

RE/MAX Premier Group License #21024875 Listed on: 11/06/2025

RE/MAX Premier Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,161

Year Built

  • Built in 1967

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Wood Composite

Interior Spaces

  • 7,044 Sq Ft Home
  • 2-Story Property
  • Storage

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Parking

  • 12 Parking Spaces
  • Assigned Parking

Schools

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

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 08548

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $35,619
  • Gross Income $100,248
  • Net Operating Income $64,629

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,161

Year Built

Built in 1967

Lot Details

0.28 Acres

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1967
  • Property Attached Yn: No
  • Current Price For Status: 1200000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: IndividualStorageUnits
  • Total Bedrooms: 9
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Brick,WoodComposite
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Total Parking Spaces: 12.0

Utilities

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

Schools

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

Lot Info

  • Zoning: .
  • Lot Size Acres: 0.275
  • Lot Size Sq Ft: 11979.0
  • Parcel #: 08548

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4161.44

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8, UnitTypeType9
  • Number Of Units Total: 12
  • Gross Rent Multiplier: 11.97
  • Annual Gross Income: 100248.0
  • Property Net Operating Income: 64629.0
  • Annual Operating Expense: 35619.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $4,174 $482,210 $67,090 $415,120
2023 $4,161 $482,210 $67,090 $415,120
2022 $3,841 $450,280 $67,090 $383,190
2021 $3,702 $386,420 $67,090 $319,330
2020 $3,481 $335,430 $67,090 $268,340
2019 $2,768 $331,067 $51,410 $279,657
2018 $3,369 $257,040 $51,410 $205,630
2017 $2,816 $257,040 $51,410 $205,630
2016 $2,755 $218,490 $43,700 $174,790
2015 $2,989 $218,490 $43,700 $174,790
2013 -- $218,490 $43,700 $174,790
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2025 12/26/25 For Sale $1,200,000 +92.0% $170 / Sq Ft
12/26/2025 12/26/25 For Sale $625,000 -47.9% --
12/02/2025 12/02/25 Pending -- -- --
12/02/2025 12/02/25 Pending -- -- --
11/06/2025 11/06/25 For Sale $1,200,000 +92.0% $170 / Sq Ft
11/05/2025 11/05/25 For Sale $625,000 -- --
Source: Regional Multiple Listing Service (RMLS)

About the Listing Agent

Jesse Cope

RE/MAX Premier Group

(360) 529-3750

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Jesse grew up in Cowlitz County and absolutely enjoys everything the area has to offer like Hunting, Fishing, Backpacking, Camping ext.. He is passionate about his work and enjoys it like a hobby. If you are buying or selling he can assure that he will do everything possible to make the transaction as easy as possible.

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    • 3,972 Sq Ft
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    $399,900

    • Land
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    Come see these 6 parcels totaling nearly 36 acres situated near town with so many possibilities. Most of land is in timber classification, but 2 of the parcels have addresses of 115 and 117 alpha drive and could possibly be built on. The other 2 larger parcels are in timber classification. There is some marketable timber on land. So possibly develop, log, or just build on your own private oasis.

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  • 4057 Sunset Way, Longview, WA 98632

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  • 4043 Sunset Way, Longview, WA 98632

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  • 116 Noreen Ln, Kelso, WA 98626

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 493954441

Regional Multiple Listing Service (RMLS)
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