285 20th Avenue, Longview, WA 98632

$510,000
1,748
SqFt

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Listing courtesy of John L. Scott, Inc..

List Price
$510,000
Status
ACTIVE
MLS#
2504758
Price Change
▼ $15,000 1779431283
Days on Market
80
Style
53 - Tri-plex
Building Condition
Updated/Remodeled
Finished SqFt
1,748
Area Total SqFt
1748
Annual Tax Ammount
1462
Lot Size (sq ft)
4,800
Sewer
Sewer Connected

Property Description

Excellent Investment Opportunity. Triplex just completely renovated down to the studs. New electrical, new plumbing, new roof and new Hardie Plank Siding. New insulation, drywall, freshly painted, New carpet and Vinyl Plank flooring throughout. New Appliances and fixtures. Two units main level with one bedroom, one bath each. Upstairs is a two bedroom, one bath unit. All units have Washer and Dryer hookups. Parking off street. Perfect to live in one and rent the other two units or as an addition to your investment portfolio.

Additional Information

List Date
2026-05-07 19:43:11
Community
Highlands
Net Operating Income
$33,728
Gross Adjusted Income
$43,890
Gross Scheduled Income
$46,200
Total Monthly Income
$46,200
Insurance Expenses
$900
Water/Sewer/Garbage Expenses
$7,800
Gross Rent Multiplier
11.97
Total Expenses
$10,162
Cap Rate
7
Vacancy Rate
5
Total Number of Units
3
Unit Name
285
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1928
View
Territorial
Roof
Composition
Energy Source
Electric
School District
Longview
Elementary School
Kessler Elem
Middle School
Monticello Mid
High School
R A Long High
Total Monthly Income
$46,200
Gross Scheduled Income
$46,200
Vacancy Rate
5
Gross Adjusted Income
$43,890
Tax Year
2026
Insurance Expense
$900
W/S/G Expenses
$7,800
Total Expenses
$10,162
Net Operating Income
$33,728
Gross Rent Multiplier
11.97
Cap Rate
7
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.
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