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Listing provided courtesy of Woodford Commercial Real EstateMLS# 703365MLS Provider
  • 266 days on site
  • 0 views

Prime Investment Opportunity in Longview???s Old West Side! This charming townhouse-style five-plex offers approximately 4,243 SF of living space on a 6,000 SF lot, ideally located just half a block from St. John???s Hospital and a few blocks from beautiful Lake Sacajawea. Each of the five units is thoughtfully designed across two levels, offering around 800 SF with 2 bedrooms and 1.5 bathrooms. Tenants enjoy the added convenience of individual exterior storage units and dedicated covered parking. With stable, long-term tenants already in place, the property provides steady income and strong upside potential through value-add improvements and rent adjustments in line with current market rates. Currently offered at a 6% CAP rate and serviced by Longview utilities, this is a rare opportunity for

Source: Seattle Commercial, MLS#: 703365

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  • Property Type
    Residential Income

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  • Median Age
    40
  • Population Density
    382
  • College Educated
    28%
  • Estimated Median Income
    $51,188
  • Estimated Total Home Owners
    12,254
  • Estimated Total Renters
    8,588
  • Owner / Renter Divide
    59% / 41%
  • Estimated Average Household Size
    2
  • Total Population
    52,489
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 935 16th Ave

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
10/6/2025Source: Seattle Commercial Added to Database
October 06, 2025