Property Details
285 20th Avenue
Longview, WA 98632
$525,000
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Property Overview
Excellent Investment Opportunity. Triplex just completely renovated down to the studs. New electrical, new plumbing, new roof and new Hardie Plank Siding. New insulation, drywall, freshly painted, New carpet and Vinyl Plank flooring throughout. New Appliances and fixtures. Two units main level with one bedroom, one bath each. Upstairs is a two bedroom, one bath unit. All units have Washer and Dryer hookups. Parking off street. Perfect to live in one and rent the other two units or as an addition to your investment portfolio.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Cowlitz
Neighborhood
Highlands
Listed
Apr 10, 2026
Financial Summary
Cap Rate
7.00%
Net Operating Income
$33,728
Gross Scheduled Income
$46,200
Gross Rent Multiplier
11.97
Total Expenses
$10,162
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
1,748
Leasable Area
1,748 sqft
Total Units
3
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
4,800 sqft
Year Built
1928
Exterior & Lot
Lot Size
0.11 sqft
Year Built
1928
Exterior Materials
Cement Plank
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Cement Planked
Location
City
Longview
County
Cowlitz
Coordinates
46.12205, -122.95481
Additional Information
Tax Year
2026
Annual Taxes
$1,462
Possession
Array
