1209 8TH AVELongview, WA98632

$389,900
4 total units
$33,300 annual income
Capitilization Rate: 6.05
1920 sq. ft
SqFt10000to14999
Elementary School: Columbia Hts
Middle School: Cascade
High School: Mark Morris
Zoning: R04
572 days on market

VestorFilter™

Price per unit$97.5K/unit
Price per ft²$203.07/ft²
Recent price drop$10,000
Time on market572 days

Property Description

Two fully rented duplexes on one lot. Rented below market. Each has their own water line and meter. Two large outbuildings in the back, including a 2 car-sized garage. Outbuildings are not generating income. Potential of $500+ GSI increase.

{{ compliance-logo }}Listing Provided By Coldwell Banker Bain

Financial Data

Price ChangeDropped $10,000 on 02/22/2023
Total $60,100 drop
Original Price$450,000
Current Price$389,900
Property Taxes$3,316

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Home Facts

StatusPending
Year Built1935
Stories1
Exterior Features
MLS ID22110606

Unit Details

Unit 1
Unit 2