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(360) 901-2280
Real Estate Company
1951 Louisiana Street, Longview, WA 98632
- $1,090,000
Listing Broker: John L Scott LVW; Dean P Gehrman; ; Selling Office: RE/MAX Northwest.
- Sold Price
- $1,090,000
- List Price
- $1,250,000
- Status
- SOLD
- MLS#
- 2411164
- Closing Date
- Mar 13, 2026
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Lot Size (sq ft)
- 12,001
Property Description
A rare opportunity to own a prime 8 plex in the heart of the Old Westside overlooking Vandercook Park. The Park Vista has one unit with 3 Bedrooms, 2 baths and 2 woodburning fireplaces. The other 7 units have 2 bedrooms, 1 bath and a woodburning fireplace in each unit. The units have exterior balconies overlooking the Park, One enclosed garage space per unit and one storage closet in the basement per unit. Some units have been nicely updated. There is a utility room in the basement with one washer and dryer for the tenants convenience. Maintenance storage. Water, Sewer, Garbage are paid by the Landlord all other utilities are paid by the tenants. Gated private courtyard. Long Term Tenants in place. New Garage roof just installed.
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Additional Information
- List Date
- 2025-11-30 00:00:00
- Community
- Old West Side
- Potential Terms
- Cash, Conventional
- Year Built
- 1959
- View
- See Remarks, Territorial
- Roof
- See Remarks
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet
- School District
- Longview
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $7,450
- Gross Scheduled Income
- $89,400
- Gross Adjusted Income
- $89,400
- Tax Year
- 2025
- Insurance Expense
- $5,620
- W/S/G Expenses
- $11,611
- Total Expenses
- $25,796
- Net Operating Income
- $63,604
- Gross Rent Multiplier
- 14.23
- Cap Rate
- 5
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Based on information submitted to the MLS GRID as of . 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.