2 months on rocket

259 20th Ave, Longview, WA, 98632

$1,050,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,600 SqFt
$228/SqFt
House

Location

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259 20th Ave, Longview$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingPaved
Year Built2023
CoolingNone
MLS #24255944
StatusActive

About 259 20th Ave

Incredible turnkey multifamily investment! Professionally managed, newly-built townhouse-style rental units are a passive investor’s dream. Built in 2023 these 4 units, all boasting 3 bedrooms and 1.5 bathrooms 2-story & under builder’s warranty in 2024. Fire sprinklers! Offers a remarkable 6.0% Cap Rate on Year 1 stabilized, 11.67 GRM. 100% occupancy w/ tenant wait list. Mostly market rate tenants but also Section 8 approved, for consistent income. Option for 1-3 more fourplex under devt, if larger portfolio is desired. Offering is for portfolio of 4 fourplexes but open to offers for individual 4plex(es). Addresses: 285 22nd Ave, 263 20th Ave, 259 20th Ave, 257 20th Ave. All separate parcels.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 2
  • Living Area: 4,600 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Email: teamtreacy@gmail.com
  • Listing Agent: April Treacy

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Paved

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: From Seattle/Tacoma, I-5 S to exit 36 WA-432 in Kelso and follow thru Tennant Way and turn L on 22nd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000
  • Price Per SqFt: $228/SqFt

Tax Information:

  • Annual Amount: $246
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Longview, WA.

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Longview, WA

City

Med. Sold Price

$376.2K

Med. Price/SqFt

$254

Avg. Days On Market

46

# of Sold Homes

77

259 20th Ave vs Longview

66 DAYS ON ROCKET

+20 Days

$1,050,000

+$673.7K More

$228/SqFt

-$27 Less

KEY TAKEAWAY

This property is $673.7K more than the Median Sold Price and $27/SqFt less than other homes in Longview, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24255944

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Email: teamtreacy@gmail.com
  • Listing Agent: April Treacy

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 4:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 19, 2019Home Sold
$160,000

Tax History

YEARPROP. TAXASSESSMENT
2020$246$21,500
2019$137$11,815
2017$302$22,500

History based on county public records data.

Payment Calculator

$5,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,214

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1009931
3
/10

  • Saint Helens Elementary School

  • 431 27th Ave

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-1009932
2
/10

  • Kessler Elementary School

  • 1902 E Kessler Blvd

  • 0.83 miles

  • Public District Grades KG-5

school-card-donut-1009933
6
/10

  • Olympic Elementary School

  • 1324 30th Ave

  • 1.31 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,967. Typical income of Longview, WA residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 259 20th Ave

What is the listing price of this property?

The listing price of 259 20th Ave property is $1,050,000.

What type of property is this?

The property 259 20th Ave is a house located in Longview, Washington, 98632.

Is this property for sale now?

Active Listing: 259 20th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $246 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 19, 2019 for $160,000. (source: MLS/tax record).

What is the square footage of this property?

The property 259 20th Ave is 4,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 259 20th Ave is 2023.

Rocket Homes›Washington›Cowlitz County›Longview›98632›259 20th Ave

This home is located at 259 20th Ave in Longview, WA and zip code 98632 in the Highlands neighborhood. This 4,600 square foot home was built in 2023. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $1,050,000.

In November 2024 more than 22 listings in Longview, WA were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 25 were sold below. The inventory of homes for sale in Longview, WA between October 2024 and November 2024 decreased by 5%. In November 2024 median list price was $376,250 and the average listing age was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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