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Sold on 11/24/2021

277 22nd Ave, Longview, WA 98632

  • $513,000

    Last sold 11/24/2021 for $325K

  • —

    bed

  • —

    bath

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About 277 22nd Ave

Property type House
Neighborhood
Year built 1949
HOA fee $0/month
Lot size 9,601 Sqft
Movoto estimate
Property description
Opportunity to invest! 4-plex located in the Highlands with 4 spacious garage/storage units. 1 bed 1 bath units. Rents under market. 100% occupied, tenants all longer term (3+ years). All tenants are on month to month. Roof was replaced in 2017. 2/4 garages currently being rented, 2 available for potential additional income.
Listed by
Listing Agent - Bailey Merkley
Listing Office - Rodman Realty, Inc
Source: NWMLS mls logo
MLS#1842016 • last updated 1 year ago
Movoto checked NWMLS for data 8 minutes ago
Overview
Levels/Style Quadruplex
MLS # 1842016
SubType Multi-Family
Type Residential Income
Status Sold
Lot Size (SqFt) 9601
Lot Size (Acres) 0.2204
Property Tax 2112
Buying Office EXp Realty
Year Built 1949
Buying Office Phone 888-421-2531
Interior
Interior Features Wall To Wall Carpet
Exterior
Roof Composition
# Open Parking Spaces 4
# Covered Spaces 4
# Parking Spaces 4
# Uncovered Spaces 4
Exterior Features Wood Products
Amenities / Utilities
Sewer/ Septic Sewer Connected
Water Public
Power Production: Type Electric
HOA Amenities Storage
Location
County Cowlitz
Subdivision Highlands
Area 402 - Highlands
High School District Longview
APN 0-4247
Multifamily Details
Net Operating Income 15556
Capitalization Rate 0.47
Expense: Insurance 2633
Expense: Electricity 315
Gross Scheduled Income 27780
Expense: Other 4620
Gross Adjusted Income 27780
Total Expenses 14202
Gross Rent Multiplier 11
Nwm_Totalmonthlyincome 2315
$513K
Range: $302K-$723K
Last 30 days 
Powered By Movoto
  • Nov 2021
    mls logo MLS # 1842016
  • Nov 24, 2021 Sold
    $325,000
  • Sep 24, 2021 Pending
    —
  • Sep 18, 2021 Listed
    $325,000
  • 277 22nd Ave
    $325K
  • 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
  • 277 22nd Ave
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