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1615 9th Ave, Longview, WA 98632

$420,000
Last sold 09/04/2025 after 181 Days
—
bed
—
bath
2,084
Sqft ($202/Sqft)

House not for sale

Movoto is helping 19 homebuyers near you

About 1615 9th Ave

Property type House

Neighborhood

Year built 1952

HOA fee $0/month

Lot size 7,440 Sqft

Movoto estimate

Property description

Don’t miss out on this incredible investment opportunity in the heart of Longview! This centrally located 3-plex features two 2-bed/1-bath units and one 1-bed/1-bath unit, along with three separately rented garages, providing excellent rental income potential. The middle unit has just undergone a stylish interior renovation with updated flooring, fresh paint, and more, while the exterior was recently repainted in 2025. With an attractive 6% CAP rate and the potential for future rent increases, this property offers significant upside for any investor, whether you're expanding your portfolio or making your first investment. Schedule a tour today and see the potential for yourself—interior showings available upon mutual acceptance!

Listed by

Listing Agent - Chris Roewe

Listing Office - Woodford Commercial RE

Source: NWMLS

MLS#2341467 • last updated 11 months ago

Movoto checked NWMLS for data 18 minutes ago

Overview
Cooling/AC	None
Heating	Wall Unit(s)
Levels/Style	Triplex
MLS #	2341467
SubType	Multi Family
Type	Residential Income
SqFt	2084
Status	Sold
Lot Size (SqFt)	7440
Lot Size (Acres)	0.1708
Property Tax	2728
Buying Office	Woodford Commercial RE
Year Built	1952
Buying Office Phone	360-501-5500
Condition	Good

Interior

Exterior
Roof	Composition
Construction	Wood
# Open Parking Spaces	1
# Covered Spaces	3
# Parking Spaces	4
# Uncovered Spaces	1
Exterior Features	Wood Products

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Longview
Water	Public
Water Company	City Of Longview
Power Company	Cowlitz PUD
Power Production: Type	Electric

Location
County	Cowlitz
Subdivision	Longview
Area	401 - West Kelso
High School District	Longview
APN	600

Multifamily Details
Net Operating Income	26488
Capitalization Rate	6
Expense: Insurance	1536
Gross Scheduled Income	35700
Expense: Other	1500
Gross Adjusted Income	35700
Total Expenses	9004
Gross Rent Multiplier	12
Nwm_Totalmonthlyincome	3020

$421K

Range: $379K-$463K

Last 30 days

Lower your payment with the loan terms that fit you.

Sep 2025
Public Records
Sep 4, 2025 Sold
$420,000
Sep 2025
MLS # 2341467
Sep 4, 2025 Sold
$420,000 (-5.6%)
Jun 25, 2025 Pending
—
Jun 11, 2025 Price Change
$445,000 (-1.1%)
Mar 7, 2025 Listed
$450,000

1615 9th Ave
$420K
Broadway
$302K -13% y/y
98632
$399K -2% y/y
Longview
$399K -2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1616 10th Ave, Longview, WA 98632	$395,000	4/1	1,623	0.03
908 Michigan St, Longview, WA 98632	$362,000	—/—	720	0.03
1622 10th Ave, Longview, WA 98632	$322,000	3/2	1,180	0.03
1616 9th Ave, Longview, WA 98632	$329,000	3/1	1,083	0.03
1622 9th Ave, Longview, WA 98632	$302,000	2/1	892	0.03
1610 9th Ave, Longview, WA 98632	$354,000	4/2	1,260	0.04
1628 9th Ave, Longview, WA 98632	$311,000	3/1	948	0.04
852 Michigan St, Longview, WA 98632	$399,000	5/1	1,276	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.