1521 9th Avenue, Longview, WA 98632
- $750,000
Listing courtesy of Realty One Group Northstars.
- List Price
- $750,000
- Status
- ACTIVE
- MLS#
- 2533270
- Days on Market
- 52
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Annual Tax Ammount
- 5350
- Lot Size (sq ft)
- 5,998
- Sewer
- Sewer Connected
Property Description
Excellent Multi-Family investment opportunity! This fully updated 5-plex features four spacious 2-bedroom, 1- bathroom units, and one 3-bedroom, 1-bathroom unit. Every apartment has been completely remodeled from top to bottom, including upgraded light fixtures and with two units boasting premium quartz countertops. New Exterior paint makes this 5-plex pop! Designed with comfortable, functional layouts, the property includes covered parking, individual exterior storage units, and a communal laundry facility. With strong rental history and consistent revenue, this turnkey property is a solid addition to any portfolio.
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Additional Information
- List Date
- 2026-06-08 17:43:14
- Community
- Longview
- Net Operating Income
- $54,792
- Gross Adjusted Income
- $72,468
- Gross Scheduled Income
- $73,200
- Total Monthly Income
- $6,100
- Insurance Expenses
- $4,370
- Water/Sewer/Garbage Expenses
- $6,120
- Gross Rent Multiplier
- 10.25
- Total Expenses
- $17,676
- Cap Rate
- 7
- Vacancy Rate
- 1
- Total Number of Units
- 5
- Unit Name
- 1521
- Potential Terms
- Cash, Conventional
- Year Built
- 1979
- View
- City
- Roof
- Composition
- Electric Expenses
- 540
- Other Expenses
- 1296
- Energy Source
- Electric
- School District
- Longview
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,100
- Gross Scheduled Income
- $73,200
- Vacancy Rate
- 1
- Gross Adjusted Income
- $72,468
- Tax Year
- 2026
- Insurance Expense
- $4,370
- W/S/G Expenses
- $6,120
- Total Expenses
- $17,676
- Net Operating Income
- $54,792
- Gross Rent Multiplier
- 10.25
- Cap Rate
- 7
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.