Property Details
1337 10th Avenue
Longview, WA 98632
$735,000
Pending
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Property Overview
Great opportunity to build your investment portfolio with this 6-unit property located in a prime downtown area. With a bit of elbow grease, this building has tons of upside. It's close to everything—hospitals, schools, parks, amenities—and sits right on the bus line, making it convenient for tenants. The property has potential to add value through updates, especially with the laundry area. It could be refreshed for tenant use or possibly converted into a small studio unit for additional income. Whether you're expanding your holdings or jumping into multi-family ownership, this property is well worth a look.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Cowlitz
Neighborhood
Longview
Listed
Aug 5, 2025
Original Price
$790,000
Financial Summary
Cap Rate
4.40%
Net Operating Income
$34,630
Gross Scheduled Income
$53,280
Gross Rent Multiplier
14.80
Total Expenses
$18,650
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
3,550
Leasable Area
3,550 sqft
Total Units
6
Lot Size
5,998 sqft
Year Built
1965
Exterior & Lot
Lot Size
0.14 sqft
Year Built
1965
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Curbs, Paved, Sidewalk
Exterior Features
Wood Products
Location
City
Longview
County
Cowlitz
Coordinates
46.13732, -122.93052
Additional Information
Tax Year
2025
Annual Taxes
$4,790
Possession
Array
Based on information submitted to the MLS GRID as of May 8, 2026 2:15 PM. 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.
