Movoto Real Estate
Sold on 12/20/2024
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941 Olson Rd, Longview, WA 98632

  • $762,606

    Last sold 12/20/2024 for $460K

  • bed

  • bath

  • 3,619

    Sqft ($127/Sqft)

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About 941 Olson Rd

Property type House
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Property description
Investor Alert With Great Rental History! Desirable location well-situated in the hills of Columbia Heights. Located conveniently near dining and shopping options. This tri-plex is roomy, with 2 two bedroom townhouse units, each with 1 1/2 baths, and one three bedroom unit with 1 1/2 bath with garage. Small yard off the back. Rented below market value this property is well positioned for steady rental income and long-term appreciation.
Listed by
Listing Agent - Jim Stephens
Listing Office - John L. Scott, Inc.
Source: NWMLS mls logo
MLS#2290444 • last updated 1 year ago
Movoto checked NWMLS for data 23 minutes ago
Overview
Cooling/AC None
Heating Baseboard
Levels/Style Triplex
MLS # 2290444
SubType Multi-Family
Type Residential Income
SqFt 3619
Status Sold
Lot Size (SqFt) 6970
Lot Size (Acres) 0.16
Property Tax 3770
Buying Office Woodford CRE
Year Built 1972
Buying Office Phone 360-501-5500
Condition Good
Interior
Interior Features Wall To Wall Carpet
Exterior
Foundation Poured Concrete
Roof Flat
# Open Parking Spaces 5
# Covered Spaces 1
# Parking Spaces 6
# Uncovered Spaces 5
Exterior Features Wood Products
Amenities / Utilities
Sewer/ Septic Sewer Connected, Beacon Hill
Water Public
Water Company City Of Longview
Power Company Cowlitz PUD
Power Production: Type Electric
Security Features FullyFenced
Location
View Territorial
County Cowlitz
Subdivision Columbia Heights
Area 406 - Columbia Heights
Elementary School Buyer To Verify
Middle School Buyer To Verify
High School District Longview
High School Buyer To Verify
APN 6-198001
Zoning Multi-Family
Multifamily Details
Net Operating Income 29316
Capitalization Rate 6.51
Expense: Insurance 1939
Expense: Electricity 800
Gross Scheduled Income 40320
Expense: Other 816
Gross Adjusted Income 29316
Total Expenses 11004
Gross Rent Multiplier 15.34
Nwm_Totalmonthlyincome 3260
Lot/ Land Details
Site Features Fenced-Partially, High Speed Internet, Patio
$762K
Range: $686K-$838K
Last 30 days 
Powered By Movoto
  • Sep 2024
    mls logo MLS # 2290444
  • Sep 16, 2024 Pending
  • Sep 12, 2024 Listed
    $474,900 (+165.3%)
  • Jun 2016
    mls logo MLS # 905593
  • Jun 13, 2016 Sold
    $179,000 (-5.3%)
  • Mar 18, 2016 Pending
  • Feb 2, 2016 Listed
    $189,000
  • Feb 1, 2016 Listed
    $189,000 (+11.2%)
  • Aug 2005
    mls logo MLS # 25061547
  • Aug 2, 2005 Sold
    $170,000 (+6.3%)
  • May 2, 2005 Listed
    $159,900 (+13.4%)
  • Nov 2001
    mls logo MLS # 21008816
  • Nov 6, 2001 Sold
    $141,000 (-1.3%)
  • Jan 18, 2001 Listed
    $142,900
  • 941 Olson Rd
    $460K
  • 406 - Columbia Heights
  • 98632
    $396K -3% y/y
  • Longview
    $396K -3% y/y
No chart available
Statistics calculated by Movoto

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5/10
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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • WA
  • Cowlitz County
  • Longview
  • 98632
  • 941 Olson Rd
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