Property Details
733 Delaware Street
Longview, WA 98632
$425,000
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Property Overview
Excellent Multi-Family investment opportunity! This fully updated Duplex features two spacious 2-bedroom, 1-bathroom units. Each unit has been completely remodeled from top to bottom, included upgraded light fixtures and exterior paint. Designed for comfortable, functional layouts, the property includes a shared garage with 2 laundry hook-ups, 1 for each unit. Close to hospitals, bus routes, shopping and parks. 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
Duplex
Parcel Number
08595
Tax & HOA
Annual Property Tax
$2,133 (2026)
Est. Monthly Tax
$178/mo
Financial Summary
Cap Rate
2.70%
Net Operating Income
$12,373
Gross Scheduled Income
$22,200
Gross Rent Multiplier
20.47
Total Expenses
$9,605
Vacancy Rate
1.0%
Building & Use
Building Sq Ft
1,403
Leasable Area
1,403 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
4,800 sqft
Year Built
1978
Exterior & Lot
Lot Size
0.11 sqft
Year Built
1978
Garage
2 spaces
Exterior Materials
Metal/Vinyl
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Metal/Vinyl
Community & Access
Directions
From 7th Ave, North on Delaware, home is on the left.
Location
City
Longview
County
Cowlitz
Coordinates
46.12876, -122.93034
Additional Information
Tax Year
2026
Annual Taxes
$2,133
Possession
Array
Based on information submitted to the MLS GRID as of June 19, 2026 9:30 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.
