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Sold on 11/10/2022
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2015 42nd Ave, Longview, WA 98632

  • $605,000

    Last sold 11/10/2022 for $470K

  • —

    bed

  • —

    bath

  • 7,601

    Sqft ($62/Sqft)

House not for sale
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About 2015 42nd Ave

Property type House
Neighborhood
Year built 1967
HOA fee $0/month
Lot size 7,601 Sqft
Movoto estimate
Property description
4 PLEX, desirable rental building location in west Longview, Investors bring offers, great investment opportunity! Good rental history with a low vacancy rate, great cap rate to. The rents are reasonable but are lower than market and have room for raising closer or up to market. 4 two bedroom 1 bath apartments fully rented and maintained, coin op laundry room with 4 tenant storage closets. Buyer to verify all to satisfaction. Add this one to your portfolio today!
Listed by
Listing Agent - Troy Savelli
Listing Office - Arrow Real Estate & Prop Mgmt
Source: NWMLS mls logo
MLS#2009621 • last updated 1 year ago
Movoto checked NWMLS for data 13 minutes ago
Overview
Levels/Style Quadruplex
MLS # 2009621
SubType Multi-Family
Type Residential Income
SqFt 7601
Status Sold
Lot Size (SqFt) 7601
Lot Size (Acres) 0.1745
Property Tax 3383
Buying Office Keller Williams Realty Bothell
Year Built 1967
Buying Office Phone 425-482-6100
Condition Good
Interior
Interior Features Wall To Wall Carpet
Exterior
# Carport Spaces 4
# Parking Spaces 4
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected, City Of Longview
Water Public
Water Company City Of Longview
Power Company Cowlitz PUD
Power Production: Type Electric
HOA Amenities Coin Op Laundry, Storage, Thermal Windows
Location
View See Remarks
County Cowlitz
Subdivision West Longview
Area 411 - Robert Gray/Mint Valley
Elementary School Buyer To Verify
Middle School Buyer To Verify
High School District Longview
High School Buyer To Verify
APN 0-312102
Zoning Multi-Family
Multifamily Details
Net Operating Income 21724
Capitalization Rate 4.34
Expense: Insurance 2800
Expense: Electricity 683
Gross Scheduled Income 44688
Expense: Other 9656
Gross Adjusted Income 44241
Total Expenses 22517
Gross Rent Multiplier 11.18
Nwm_Totalmonthlyincome 3724
Vacancy Rate 1
Lot/ Land Details
Site Features Cable TV, High Speed Internet
$605K
Range: $369K-$840K
Last 30 days 
Powered By Movoto
  • Nov 2022
    Public Records
  • Nov 10, 2022 Sold
    $470,000
  • Nov 2022
    mls logo MLS # 2009621
  • Nov 10, 2022 Sold
    $470,000 (-6.0%)
  • Oct 21, 2022 Pending
    —
  • Oct 20, 2022 Listed
    $500,000 (+156.4%)
  • Mar 2016
    Public Records
  • Mar 15, 2016 Sold
    $195,000
  • Mar 2016
    mls logo MLS # 865999
  • Mar 15, 2016 Sold
    $195,000 (-13.3%)
  • Jan 26, 2016 Pending
    —
  • Dec 17, 2015 Listed
    —
  • Dec 6, 2015 Pending
    —
  • Nov 19, 2015 Listed
    —
  • Nov 9, 2015 Pending
    —
  • Nov 6, 2015 Listed
    $225,000
  • Nov 5, 2015 Listed
    $225,000
  • 2015 42nd Ave
    $470K
  • 411 - Robert Gray/mint Valley
    —
  • 98632
    $399K -2% y/y
  • Longview
    $399K -2% y/y
No chart available
Statistics calculated by Movoto

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5/10
Mint Valley Elementary School
public Grades K-5
Longview School District
6/10
Mt. Solo 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.

Around 411 - Robert Gray/mint Valley

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  • Real Estate
  • WA
  • Cowlitz County
  • Longview
  • 98632
  • 2015 42nd Ave
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