Property Details
1202 21st Avenue
Longview, WA 98632
$569,999
Active
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Property Overview
Back on Market, No Fault of Seller. Great investment opportunity in the desirable Old West side of Longview, just 4 blocks from the picturesque Lake Sacajawea. This well maintained 2-story 4 plex with basement offers diverse income potential. The property features a spacious 2 bedroom/1 bath unit with a wood burning fireplace on the main floor, two 1 bedroom, 1 bath units on the upper floor and 1 bedroom 1 bath studio in the basement. Basement unit may be non-conforming. New paint & carpet in Unit 2 and new paint, new cadet heaters and updated bathroom in Unit 4. Shared laundry in basement and commons area on main. Location of this 4 plex is a key advantage in a scenic neighborhood and close proximity to the lake. Fantastic opportunity for investor looking to capitalize on a multi-unit investment in a growing area.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Cowlitz
Neighborhood
Old West Side
Listed
Apr 2, 2026
Financial Summary
Net Operating Income
$43,344
Gross Scheduled Income
$54,900
Gross Rent Multiplier
10.38
Total Expenses
$11,556
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
3,835
Leasable Area
3,835 sqft
Total Units
4
Zoning
Multi-Family,Residential
Possible Use
Multi-Family, Residential
Lot Size
5,998 sqft
Year Built
1924
Exterior & Lot
Lot Size
0.14 sqft
Year Built
1924
Garage
4 spaces
Exterior Materials
Metal/Vinyl
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Sidewalk
Exterior Features
Metal/Vinyl
Location
City
Longview
County
Cowlitz
Coordinates
46.13722, -122.94563
Additional Information
Tax Year
2026
Annual Taxes
$4,480
Possession
Array
Based on information submitted to the MLS GRID as of April 27, 2026 3:15 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.
