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Sold on 03/22/2022
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302 16th Ave, Longview, WA 98632

  • $280,000

    Last sold 03/22/2022 for $265K

  • —

    bed

  • —

    bath

  • 2,016

    Sqft ($131/Sqft)

House not for sale
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About 302 16th Ave

Property type House
Neighborhood
Year built 1926
HOA fee $0/month
Lot size 6,373 Sqft
Movoto estimate
Property description
Investor Alert! 4-plex with full occupancy needs a new owner! Features one 2 bedroom unit, two 1 bedroom units, and one studio. New roof and new porch decking. Net operating income is $13,695 with a 5.0% cap rate. Invest in your future today! Check it out!!
Listed by
Listing Agent - Frederick M. Sanchez
Listing Office - Redfin
Source: NWMLS mls logo
MLS#1883260 • last updated 1 year ago
Movoto checked NWMLS for data 16 minutes ago
Overview
Levels/Style Quadruplex
MLS # 1883260
SubType Multi-Family
Type Residential Income
SqFt 2016
Status Sold
Lot Size (SqFt) 6373
Lot Size (Acres) 0.1463
Property Tax 2177
Buying Office Realty One Group Cascadia
Year Built 1926
Buying Office Phone 360-891-0100
Exterior
Roof Composition
Exterior Features Wood
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
Elementary School Kessler Elem
Middle School Cascade Mid
High School District Longview
High School Mark Morris High
APN 3024915
Directions Oregon Way To Alabama Street To 16th Avenue (corner Of Alabama St And 16th Ave)
Multifamily Details
Net Operating Income 13695
Capitalization Rate 5
Expense: Insurance 799
Expense: Electricity 150.69
Gross Scheduled Income 30980
Expense: Other 9549.4
Gross Adjusted Income 30980
Total Expenses 16671.94
Gross Rent Multiplier 8.55
Nwm_Totalmonthlyincome 2650
$280K
Range: $154K-$406K
Last 30 days 
Powered By Movoto
  • Mar 2022
    mls logo MLS # 22243539
  • Mar 22, 2022 Sold
    $265,000
  • Mar 22, 2022 Sold
    —
  • Feb 11, 2022 Pending
    —
  • Feb 10, 2022 Listed
    $265,000
  • Mar 2022
    mls logo MLS # 1883260
  • Mar 22, 2022 Sold
    $265,000
  • Feb 11, 2022 Pending
    —
  • Feb 10, 2022 Listed
    $265,000 (+100.8%)
  • Jun 2016
    mls logo MLS # 888537
  • Jun 30, 2016 Listed
    —
  • Jun 29, 2016 Pending
    —
  • Feb 29, 2016 Listed
    —
  • Feb 22, 2016 Pending
    —
  • Jan 31, 2016 Listed
    $132,000
  • 302 16th Ave
    $265K
  • 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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3/10
Kessler Elementary School
public Grades K-5
Longview School District
5/10
Cascade Middle School
public Grades 6-8
Longview School District
6/10
Mark Morris High School
public Grades 9-12
Longview School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • WA
  • Cowlitz County
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  • 302 16th Ave
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