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302 17th Ave, Longview, WA 98632

$525,000
  • —

    bed

  • —

    bath

Multi-family for sale 37 days
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About 302 17th Ave

Property type Multi-family
Neighborhood
Year built 1928
HOA fee $0/month
Rental estimate
Property description
Great investment opportunity in the heart of Longview with five 1-bedroom, 1-bath units, long-term tenants in place, and the potential for instant cash flow from day one. Each unit offers bright living spaces, neutral finishes, and functional kitchens. Coin-operated laundry on site adds convenience for residents while providing an additional income stream. The distinctive 1928 building brings classic character, while the central location offers easy access to everyday Longview amenities. A strong opportunity for an investor looking to add an established income-producing property to their portfolio.
Listed by
Listing Agent - Jacqueline Smith
Listing Office - Keller Williams Realty
Source: RMLS mls logo
MLS#131964060 • last updated 1 month ago
Movoto checked RMLS for data 2 minutes ago
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Overview
Cooling/AC None
Heating Wall Furnace
MLS # 131964060
Type Multi Family
Status Active
Property Tax 3260.34
Year Built 1928
Exterior
Roof Composition
Exterior Features Vinyl Siding
Lot Desc CornerLot, Level, Trees
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Cowlitz
Community Features Laundry
Subdivision MULTI-FAMILY COUNTYWIDE
Area 82 - Cowlitz County Not In Woodland City Limits Or Scho
Elementary School Kessler
Middle School Cascade
High School Mark Morris
Zoning R04
Directions From Oregon Way, Take A Right On Beech, Left On 17th.
APN 3927
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 1
Unit Type 1 : Total Baths 1
Unit Type 5: # Bedrooms 1
Unit Type 2: # Bedrooms 1
Unit Type 3: # Bedrooms 1
Unit Type 4: Total Baths 1
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 1
Unit Type 5: Total Baths 1
Unit Type 1: Rent 900
Unit Type 4: Rent 795
Unit Type 3: Rent 1095
Unit Type 2: Rent 820
Unit Type 5: Rent 995
Total # of Units 5
Gross Rent Multiplier 11.09
Operating Expense Scheduled 17238
Net Operating Income 28608
Operating Expense 18723
Gross Scheduled Income 55260
Gross Income 47331
Cap Rate 5.45
Net Scheduled Income 38022
Lot/ Land Details
Road Surface Concrete, Paved
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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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36/100
Walk
72/100
Family
38/100
Dining
72/100
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  • Real Estate
  • WA
  • Cowlitz County
  • Longview
  • 98632
  • Highlands
  • 302 17th Ave

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