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$695,000
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Property Description
Fantastic investment opportunity just blocks from Lake Sacajawea! This well-maintained five-plex offers 4,000 SF of total living space on a 6,000 SF lot, featuring 5 spacious 2-bed/1-bath units. Each unit offers comfortable layouts, with select units featuring fireplaces & in-unit laundry hookups. Additional features include a 5-car carport, exterior storage, & coin-operated laundry machines that transfer with sale. Property generates solid income & offers strong upside potential through increased occupancy, value-add improvements, & rent adjustments to current market rates. Offered at a 5.7% CAP rate & connected to Longview utilities. Occupied interior tours available upon mutual acceptance.
Full Property Details
Full Property Details for 1023 16th Ave
General
- Sold For: $695,000
- Taxes: $5,247 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2441946
- Added to Site: 317 day(s) ago
Interior
- Flooring: Laminate, Carpet
Parking
- Carport Spaces: 5
- Uncovered Spaces: 1
Location
- Area: 404 - Westside
- County: Cowlitz
- Subdivision: Longview
- Driving Directions: I-5 North, Exit WA-432 onto Tennnant Way, Right on 7th, Left on Florida, Left on 16th Ave, Destination will be on the right.
School Information
- High School District: Longview
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Heating & Cooling
- Cooling Type: None
- Heating Type: See Remarks
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Multi Family
- Exterior Const.: Brick, Wood Products
- Roof: Composition
- Stories in Building: 2
- Square Feet: 4,000
- Year Built: 1966
- Property Condition: Average
Unit Information
- Units in Building: 5
Lot Features
- Lot Size (Acres): 0.1377
- Lot Size (Sq. Ft.): 6,000
- Lot Size Source: county
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $5,247
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 1067
Listed and Sold by Chris Roewe | Woodford Commercial RE | (360) 501-5500
Get Pre-Approved Today
Schools
Schools serving 1023 16th Ave
School District:Longview Public Schools
| Name | Grades | Distance |
|---|---|---|
Kessler Elementary School 1902 East Kessler Boulevard, Longview, WA 98632 | K-5 | 0.3 mi |
Monticello Middle School 1225 28th Avenue, Longview, WA 98632 | 6-8 | 1 mi |
R A Long High School 2903 Nichols Boulevard, Longview, WA 98632 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1023 16th Ave
Date
Details
Price
Change
Source
6/17/2026
Sold
$695,000
-4.14%
MLS
10/06/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1023 16th Avenue, Longview, WA 98632 (MLS# 2441946) is a Multi-Family property that was sold at $695,000 on June 17, 2026. Want to learn more about 1023 16th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Longview? You can browse all Longview real estate or contact a Coldwell Banker agent to request more information.

