Property Details
360 24th Avenue
Longview, WA 98632
$350,000
Pending
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Property Overview
Excellent Investment Or Owner Occupied Opportunity With This Well Maintained Single Level Duplex Featuring Two 2 Bedroom, 1 Bath Units. One Unit Is Vacant And Move In Ready, Making It Ideal For An Owner Occupant Seeking Rental Income To Help Offset Expenses Or An Investor Looking To Lease Immediately. The Vacant Unit 362 Has Recently Been Made Ready With Updates And Improvements Including New Flooring, New Cabinets, Quartz Counters and More, While Unit 360 Is Occupied By A Month To Month Tenant Paying $1,150 Per Month Plus Utilities. Both Units Are Separately Metered, Providing Convenience And Flexibility For Ownership And Management. Additional Features Include Covered Carport Parking For Two Vehicles, Dedicated Storage Space, A Newer Roof, And Vinyl Windows. Conveniently Located Near Parks, Schools, Shopping, And Public Transportation. This Property Offers A Desirable Combination Of Comfort, Income Potential, And Long Term Investment Value. Whether You Are Expanding Your Investment Portfolio Or Looking For A Home With Built In Rental Income, This Duplex Is A Fantastic Opportunity.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Cowlitz
Neighborhood
Highlands
Listed
Jun 24, 2026
Structure Type
Duplex
Parcel Number
03468
Tax & HOA
Annual Property Tax
$2,409 (2026)
Est. Monthly Tax
$201/mo
Financial Summary
Cap Rate
6.70%
Net Operating Income
$23,645
Gross Scheduled Income
$27,600
Gross Rent Multiplier
12.00
Total Expenses
$3,955
Building & Use
Building Sq Ft
1,770
Leasable Area
1,770 sqft
Total Units
2
Zoning
Multi-Family,Residential
Possible Use
Multi-Family, Residential
Lot Size
4,800 sqft
Year Built
1979
Exterior & Lot
Lot Size
0.11 sqft
Year Built
1979
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Curbs, Paved, Sidewalk
Exterior Features
Wood, Wood Products
Community & Access
Directions
I-5 Exit 36, SR432/Tennant Way W to Nichols Blvd W to S on 24th Ave.
Location
City
Longview
County
Cowlitz
Coordinates
46.12541, -122.95674
Additional Information
Tax Year
2026
Annual Taxes
$2,409
Possession
Array
