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Sold on 10/31/2017

224 228 25th Ave, Longview, WA 98632

  • $813,000

    Last sold 10/31/2017 for $675K

  • —

    bed

  • —

    bath

  • 8,800

    Sqft ($77/Sqft)

House not for sale
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About 224 228 25th Ave

Property type House
Neighborhood
Year built 2000
HOA fee $0/month
Lot size 0.32 Acre
Movoto estimate
Property description
Great investment opportunity or a 1031 exchange. 8 units total. Newer built 2, 4 plex's on 2 separate tax parcels and one water meter. Each unit is 3 bedroom and 1 bath, approximately 1100 square feet each. Low vacancy, good cap rate.
Listed by
Listing Agent - Shelley L. Rinard
Listing Office - RE/MAX Premier Group
Source: NWMLS mls logo
MLS#1204115 • last updated 1 year ago
Movoto checked NWMLS for data 11 minutes ago
Overview
Levels/Style Multi Family
MLS # 1204115
SubType Multi-Family
Type Residential Income
SqFt 8800
Status Sold
Lot Size (SqFt) 13850
Lot Size (Acres) 0.318
Property Tax 5156
Buying Office RE/MAX Premier Group
Year Built 2000
Buying Office Phone 360-636-7378
Exterior
Foundation Poured Concrete
Roof Composition
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 Highlands
Area 402 - Highlands
High School District Longview
APN 3489
Multifamily Details
Net Operating Income 61950
Capitalization Rate 9.53
Expense: Insurance 3922
Gross Scheduled Income 81600
Expense: Other 1200
Gross Adjusted Income 80784
Total Expenses 18834
Gross Rent Multiplier 8
Nwm_Totalmonthlyincome 6800
Vacancy Rate 1
$813K
Range: $626K-$999K
Last 30 days 
Powered By Movoto
  • Oct 2017
    mls logo MLS # 17089171
  • Oct 31, 2017 Sold
    $675,000 (+3.8%)
  • Oct 9, 2017 Pending
    —
  • Oct 6, 2017 Listed
    $650,000
  • Oct 2017
    mls logo MLS # 1204115
  • Oct 6, 2017 Listed
    $650,000 (+13.0%)
  • Jan 2016
    mls logo MLS # 875215
  • Jan 20, 2016 Listed
    —
  • Dec 17, 2015 Pending
    —
  • Dec 9, 2015 Price Change
    $575,000 (+100.0%)
  • Dec 6, 2015 Listed
    $287,500 (+15.5%)
  • Apr 2002
    mls logo MLS # 20103922
  • Apr 10, 2002 Canceled
    —
  • Aug 22, 2000 Listed
    $249,000
  • 224 228 25th Ave
    $675K
  • Highlands
    $334K +7% y/y
  • 98632
    $399K 0% y/y
  • Longview
    $399K 0% y/y
No chart available
Statistics calculated by Movoto

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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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  • Real Estate
  • WA
  • Cowlitz County
  • Longview
  • 98632
  • Highlands
  • 224 228 25th Ave
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