Property Details

360 24th Avenue
Longview, WA 98632
$350,000
MLS# 2543812 courtesy of NWMLS Listing firm: Keller Williams-Premier Prtnrs

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360 24th Avenue , Longview, WA 98632, Longview

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360 24th Avenue , Longview, WA 98632, Longview

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Multi-Family
Property Type
1,770
Bldg Sq Ft
2
Units
6.70%
Cap Rate
1979
Year Built

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
Listed By
Mike Wallin
Keller Williams-Premier Prtnrs

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