Property Details
1521 9th Avenue
Longview, WA 98632
$750,000
Active
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Property Overview
Excellent Multi-Family investment opportunity! This fully updated 5-plex features four spacious 2-bedroom, 1- bathroom units, and one 3-bedroom, 1-bathroom unit. Every apartment has been completely remodeled from top to bottom, including upgraded light fixtures and with two units boasting premium quartz countertops. New Exterior paint makes this 5-plex pop! Designed with comfortable, functional layouts, the property includes covered parking, individual exterior storage units, and a communal laundry facility. With strong rental history and consistent revenue, this turnkey property is a solid addition to any portfolio.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Cowlitz
Neighborhood
Longview
Listed
Jun 8, 2026
Structure Type
Multi Family
Parcel Number
0060701
Tax & HOA
Annual Property Tax
$5,350 (2026)
Est. Monthly Tax
$446/mo
Financial Summary
Cap Rate
7.00%
Net Operating Income
$54,792
Gross Scheduled Income
$73,200
Gross Rent Multiplier
10.25
Total Expenses
$17,676
Vacancy Rate
1.0%
Building & Use
Leasable Area
4,100 sqft
Total Units
5
Year Built
1979
Exterior & Lot
Lot Size
0.14 sqft
Year Built
1979
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Brick, Wood
Community & Access
Directions
From 7th Ave, Turn North on Maple, East on 9th Ave, property is on the left.
Location
City
Longview
County
Cowlitz
Coordinates
46.13927, -122.92836
Additional Information
Tax Year
2026
Annual Taxes
$5,350
Possession
Array
Based on information submitted to the MLS GRID as of August 2, 2026 8:00 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.
