Property Details
823 8th Avenue
Longview, WA 98632
$469,900
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Property Overview
Investment opportunity! Each unit features 3 spacious bedrooms, 1 bathroom, fireplaces, washer and dryer hookups and a single car garageand parking pad with alley access. Great location downtown close to health care, shopping, restaurants, the fairgrounds and I-5. Long Term tenants in place. The property has potential to increase income if personally managed. Rents are below market. Tenants pay all utilities. Live in one unit and rent the other or add to your portfolio!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Cowlitz
Neighborhood
Broadway
Listed
Aug 15, 2025
Financial Summary
Cap Rate
4.00%
Net Operating Income
$16,778
Gross Scheduled Income
$26,400
Gross Rent Multiplier
17.80
Total Expenses
$9,622
Building & Use
Building Sq Ft
2,288
Leasable Area
2,288 sqft
Total Units
2
Zoning
See Remarks
Possible Use
See Remarks
Lot Size
4,800 sqft
Year Built
1978
Exterior & Lot
Lot Size
0.11 sqft
Year Built
1978
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Paved, Sidewalk
Exterior Features
Wood
Location
City
Longview
County
Cowlitz
Coordinates
46.12785, -122.93152
Additional Information
Tax Year
2025
Annual Taxes
$3,027
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 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.
