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Sold on 04/11/2014

1160 16th Ave, Longview, WA 98632

  • $1,419,000

    Last sold 04/11/2014 for $645K

  • —

    bed

  • —

    bath

  • 12,262

    Sqft ($53/Sqft)

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About 1160 16th Ave

Property type House
Neighborhood
Year built 1959
HOA fee $0/month
Lot size 0.41 Acre
Movoto estimate
Property description
Very good rental property. Close in and convenient 13 plex near Safeway, Hospital, Downtown, and on a bus line. Offers 11-2 bed units, 1-1 bed unit, and 1 studio unit. Some units with patios and balconies. Rents are just a little below market but units are full and building is nicely profitable, includes multiple long-term tenants. Extra income from well-utilized on-site coin operated laundry and rented garage space. Some plumbing updating has been completed. Well maintained property.
Listed by
Listing Agent - Mike Wallin
Listing Office - RE/MAX Premier Group
Source: NWMLS mls logo
MLS#573354 • last updated 1 year ago
Movoto checked NWMLS for data 12 minutes ago
Overview
Levels/Style Multi Family
MLS # 573354
SubType Multi-Family
Type Residential Income
SqFt 12262
Status Sold
Lot Size (SqFt) 17999
Lot Size (Acres) 0.4132
Property Tax 7132
Buying Office ZNonMember-Office-MLS
Year Built 1959
Buying Office Phone 425-820-9200
Condition Good
Interior
Interior Features Wall To Wall Carpet
Exterior
Foundation Poured Concrete
Roof Torch Down
# Open Parking Spaces 1
# Covered Spaces 8
# Parking Spaces 9
# Uncovered Spaces 1
Exterior Features Wood
Amenities / Utilities
Sewer/ Septic Sewer Connected, City Of Longview
Water Public
Water Company City Of Longview
Power Company Cowlitz PUD
Power Production: Type Electric
Security Features FullyFenced
HOA Amenities Basement, Coin Op Laundry, Storage
Location
View City
County Cowlitz
Subdivision New West Side
Area 404 - Westside
Elementary School Kessler Elem
Middle School Monticello Mid
High School District Longview
High School R A Long High
APN 9399
Zoning Multi-Family, Residential
Multifamily Details
Net Operating Income 52491
Capitalization Rate 7.85
Expense: Insurance 2701
Expense: Electricity 2018
Gross Scheduled Income 87900
Expense: Other 11417
Gross Adjusted Income 79110
Total Expenses 26619
Gross Rent Multiplier 7
Nwm_Totalmonthlyincome 5162
Vacancy Rate 10
Lot/ Land Details
Site Features Cable TV, Deck, Fenced-Partially, Patio
$1.41M
Range: $823K-$2.01M
Last 30 days 
Powered By Movoto
  • 1160 16th Ave
    $645K
  • New West Side
    $346K
  • 98632
    $399K 0% y/y
  • Longview
    $399K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Kessler Elementary School
public Grades K-5
Longview School District
7/10
Monticello Middle School
public Grades 6-8
Longview School District
5/10
R A Long High School
public Grades 9-12
Longview School District
Source: GreatSchools.org © 2026. All rights reserved.

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