Property Details
1 Teal Street
Longview, WA 98632
$575,000
Active
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Property Overview
A turnkey opportunity to generate income from day one with this beautifully updated duplex in West Longview. offering space, flexibility, and strong investment potential. Each unit features over 1,100 sq ft with 2 bedrooms, 1 bath, a dedicated laundry room, with a layout designed for comfortable everyday living. Recent updates include new flooring, updated countertops, new LG appliances including washers and dryers, refreshed bathrooms, and fresh interior paint. New 50 gallon hot water tanks and new energy-efficient mini split heat pumps provide year-round comfort and lower utility bills. Additional improvements over the past few years include a newer roof, exterior paint, and a newer concrete driveway and more. One unit is currently owner-occupied, while the second is vacant perfect for immediate rental income or the opportunity to live in one unit while offsetting your payment. With a strong past rental history, this property offers both stability and future potential. Set on a spacious corner lot with mature landscaping, each unit includes its own single car garage plus additional off-street parking. Located in an established neighborhood with a convenient location and welcoming setting. Investors, owner-occupants, and savvy buyers—this is one you won’t want to miss.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Cowlitz
Neighborhood
West Longview
Listed
Apr 30, 2026
Financial Summary
Cap Rate
6.60%
Net Operating Income
$38,102
Gross Scheduled Income
$42,000
Gross Rent Multiplier
13.69
Total Expenses
$3,898
Building & Use
Building Sq Ft
2,208
Leasable Area
2,208 sqft
Total Units
2
Lot Size
8,459 sqft
Year Built
1978
Exterior & Lot
Lot Size
0.19 sqft
Year Built
1978
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac, Curbs, Sidewalk
Exterior Features
Wood, Wood Products
Location
City
Longview
County
Cowlitz
Coordinates
46.17677, -123.01178
Additional Information
Tax Year
2026
Annual Taxes
$2,698
Possession
Array
Based on information submitted to the MLS GRID as of May 14, 2026 4:15 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
