About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

227 24th Ave, Longview, WA 98632

$448,962

Last sold 07/25/2025 for $275K

—
bed
—
bath
1,652
Sqft ($166/Sqft)

House not for sale

About 227 24th Ave

Property type House

Neighborhood

Year built 1967

HOA fee $0/month

Lot size 5,998 Sqft

Movoto estimate

Property description

Good Investment Property DUPLEX Now Available. Offered at a 5% CAP Rate. This Tenant-Occupied Duplex features Two 2 Bedroom 1 Bathroom Units. Long Term Tenants Desire to Stay. NEWER Roof. Rents are presently $1,050.00 Each Unit. Separately Metered Electrical and Water Meters. Tenants Pay All Utilities. Total Annual Gross Rents of $25,200.00. Total Annual Expenses of $6,129.00, $19,071 NOI.

Listed by

Listing Agent - Mike Wallin

Listing Office - Keller Williams-Premier Prtnrs

Source: NWMLS

MLS#2323410 • last updated 1 year ago

Movoto checked NWMLS for data 10 minutes ago

Overview
Cooling/AC	None
Heating	Wall Unit(s)
Levels/Style	Duplex
MLS #	2323410
SubType	Multi Family
Type	Residential Income
SqFt	1652
Status	Sold
Lot Size (SqFt)	5998
Lot Size (Acres)	0.1377
Property Tax	2133
Buying Office	Keller Williams-Premier Prtnrs
Year Built	1967
Buying Office Phone	360-693-3336
Condition	Fair

Interior
Flooring	Vinyl

Exterior
Foundation	Poured Concrete
Roof	Composition
Construction	Wood, Standard Frame
# Open Parking Spaces	4
# Parking Spaces	4
# Uncovered Spaces	4

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

Location
County	Cowlitz
Subdivision	Highlands
Area	402 - Highlands
Elementary School	Saint Helens Elem
Middle School	Monticello Mid
High School District	Longview
High School	R A Long High
APN	3486
Zoning	Multi-Family

Multifamily Details
Net Operating Income	19070
Capitalization Rate	5
Expense: Insurance	720
Gross Scheduled Income	25200
Expense: Other	3276
Gross Adjusted Income	25200
Total Expenses	6129
Gross Rent Multiplier	15
Nwm_Totalmonthlyincome	2100

$448K

Range: $404K-$493K

Last 30 days

Rental est.: $1,442/month

• Gross rent multiplier: 15.9

Lower your payment with the loan terms that fit you.

Jul 2025
MLS # 415390427
Jul 25, 2025 Sold
$275,000
Jul 14, 2025 Pending
—
Jul 8, 2025 Price Change
$299,900 (-7.7%)
Jun 16, 2025 Price Change
$325,000 (-7.1%)
Mar 27, 2025 Price Change
$350,000 (-6.7%)
Jan 23, 2025 Listed
$375,000
Jul 2025
Public Records
Jul 25, 2025 Sold
$275,000
Jul 2025
MLS # 2323410
Jul 25, 2025 Sold
$275,000 (-8.3%)
Jul 14, 2025 Pending
—
Jan 23, 2025 Listed
$375,000

Year Property taxes Tax assessment
2024
$2,133 -2.6%

$267,490 +8.55%
2023
$2,190 +13.6%

$246,410 +27.39%
2022
$1,927 +31.0%

$193,430
2021
$1,471 +17.5%

$193,430 +63.25%
2020
$1,252

$118,486

227 24th Ave
$275K
Highlands
$309K +16% y/y
98632
$409K 0% y/y
Longview
$409K 0% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
225 24th Ave, Longview, WA 98632	$238,000	2/1	768	0.01
235 24th Ave, Longview, WA 98632	$327,000	3/1	1,172	0.01
211 24th Ave, Longview, WA 98632	$233,000	2/1	736	0.02
228 24th Ave, Longview, WA 98632	$219,000	2/1	698	0.03
230 24th Ave, Longview, WA 98632	$223,000	2/1	698	0.03
243 24th Ave, Longview, WA 98632	$288,000	2/1	1,040	0.03
224 24th Ave, Longview, WA 98632	$216,000	2/1	698	0.03
234 24th Ave, Longview, WA 98632	$281,000	2/1	1,016	0.03

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