1623 8TH AVE Longview, WA98632

$560,000
5 total units
10 total bedrooms
5 total bathrooms
$41,484 annual income
Capitilization Rate: 4.77
3750 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Kessler
Middle School: Cascade
High School: RA Long
Zoning: multi
1510 days on market

VestorFilter™

Price per unit$112K/unit
Price per ft²$149.33/ft²
Recent price drop$39,000
Price per acre$4.77M/ac
Price per bedroom$56K/bed
Time on market1510 days

Property Description

Good clean 5 plex with solid rental history. Well maintained building and low maintenance. All units have 2 bedrooms and 1 bath units. Covered carport in back. Current rents are well below market value. Lots of room for increased income. Call today for more information

{{ compliance-logo }}Listing Provided By RE/MAX Premier Group

Financial Data

Date Sold2020-08-17
Sold Price$560,000
Price ChangeDropped $39,000 on 08/18/2020
Total $59,000 drop
Original Price$619,000
Current Price$560,000
Property Taxes$3,536

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Home Facts

StatusSold
Year Built1968
Exterior Features
MLS ID20574930

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
Unit 5