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Sold on 03/20/2017
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1955 33rd Ave, Longview, WA 98632

  • $1,230,000

    Last sold 03/20/2017 after 5 Days

  • —

    bed

  • —

    bath

  • 22,000

    Sqft ($56/Sqft)

Multi-family not for sale
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About 1955 33rd Ave

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Property description
25 unit apartment community with 12 garages. Desirable unit mix of One and Two bedroom units, including a number of townhomes. Current occupancy is 96% and property is professionally managed. Priced well below replacement cost at $50,000 per unit. Please do not disturb tenants. Owners are licensed real estate brokers in Oregon, but not affiliated with Pounder Realty LLC.
Listed by
Listing Agent - Grayson Pounder
Listing Office - Pounder Realty LLC
Source: RMLS mls logo
MLS#17617249 • last updated 8 years ago
Movoto checked RMLS for data 4 minutes ago
Overview
Heating Wall Furnace
MLS # 17617249
Type Multi Family
Status Sold
Property Tax 11042.52
Year Built 1968
Exterior
Roof Composition
Exterior Features Lap Siding, Wood Siding
Lot Desc Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Cowlitz
Area 82 - Cowlitz County Not In Woodland City Limits Or Scho
Zoning Multi
Directions West Hwy 4, Lft On 32nd Ave, Right On Maple And Right On 33rd
APN 6763149
Multifamily Details
Unit Type 3: Total Baths 2
Unit Type 1: # Bedrooms 1
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 3: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 525
Unit Type 3: Rent 625
Unit Type 2: Rent 595
Total # of Units 25
Gross Rent Multiplier 7.62
Operating Expense Scheduled 79254
Net Operating Income 84185
Operating Expense 84185
Gross Scheduled Income 183847
Gross Income 163973
Cap Rate 6.73
Net Scheduled Income 104593
We are not permitted to show value estimates for this property.
  • May 2017
    mls logo MLS # 17617249
  • May 31, 2017 Sold
    $1,230,000 (-1.6%)
  • Mar 20, 2017 Pending
    —
  • Mar 15, 2017 Listed
    $1,250,000
  • 1955 33rd Ave
    $1.23M
  • Olympic West
    $329K -9% y/y
  • 98632
    $399K 0% y/y
  • Longview
    $399K 0% y/y
No chart available
Statistics calculated by Movoto

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5/10
Olympic 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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