For Sale177d on market
1023 16th Avenue
Longview, WA, 98632 • New West Side • Cowlitz County
$725,000
$181/sqft
10Beds
5Baths
4,000Sqft
0.14 acLot
1966Built
Property DNA
Longview
New West Side
This home is getting attention
Listed 177 days ago · 472 views · 18 saves
Market activity
Demand and pricing signals for this listing
472 views
People checking out this listing
18 saves
Buyers have saved this home
177 days on market
Established listing
$181/sqft
Price per square foot
About this home
Multi Family · Built 1966
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.
Standout features identified
Our analysis highlights exterior storage, coin-operated laundry machines, and comfortable layouts as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,494/month
Principal & Interest$3,527
Property Tax$725
Insurance$242
Down payment20% ($145,000)
3%50%
Est. 6.13% rate · 30yr fixed · $580,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1966
HeatingOther – See Remarks, Electric
CoolingNone
Parking5 Covered Parking spaces
Days on Zillow177 Days
Price/sqft$181
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionAverage
Year built1966
Systems
HeatingOther – See Remarks, Electric
CoolingNone
RoofComposition
ConstructionBrick, Wood Products
Water / SewerPublic, Company: City of Longview / Sewer Connected, Company: City of Longview
Parking & Outdoor
ParkingOpen
Lot5,998 sqft
Location & Tax
NeighborhoodNew West Side
Annual tax$5,247
Parcel01067
Features & details
6 categories of property features
Interior Features
Flooring
Laminate
Carpet
Heating
Other – See Remarks
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Brick
Wood Products
Lot Features
Curbs
Paved
Sidewalk
Listing insights
Market data and value estimates
StatusFor Sale
Days on market177
Est. value$713,700
Est. rent$1,326/mo
Tax rate0.81%
Price/sqft$181
On marketOct 6, 2025
PostedOct 6, 2025
Last sold$283,000
MLS statusActive
MLS updatedOct 14, 2025
Tour days9
Views472
Favorites18
How are the schools in Longview?
3 schools rated nearby
Location
Longview, WA, 98632
Price history
3 events
DateEventPrice$/sqftSource
Oct 6, 2025Listed For Sale$725,000$181NWMLS as distributed by MLS GRID
Feb 9, 2010Sold$283,000$71NWMLS as distributed by MLS GRID
Dec 12, 2005Sold$279,000$70NWMLS as distributed by MLS GRID
Listed For Sale$725,000
Oct 6, 2025•$181/sqft•NWMLS as distributed by MLS GRID
Sold$283,000
Feb 9, 2010•$71/sqft•NWMLS as distributed by MLS GRID
Sold$279,000
Dec 12, 2005•$70/sqft•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Longview, WA • Cowlitz County
Nearby neighborhoods
BroadwayCascade/City ViewColumbia Valley GardensHighlandsNew West SideOld West SideOlympic EastOlympic WestSaint HelensWest Longview
Nearby cities
ArielCastle RockCougarKalamaKelsoLongviewRainierSilverlake
Nearby zip codes
98632
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Based on information submitted to the MLS GRID as of 2026-04-01 17:54:10 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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