360 24TH Ave, Longview, WA 98632
MULTI_FAMILY - Longview, WA
- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 360 24TH Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
- Standard status
- Active
- APN
- 03468
- Size
- 1,770 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- 225 (HIGHLANDS 1) -18 -31 5 -7N -2W
- Tax Annual Amount
- 2409
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1979
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing agent Michael Wallin (360) 560-3636
Listing office Keller Williams Realty 2211 E Mill Plain Blvd, Vancouver, WA (360) 693-3336
Listing date Jun 24, 2026
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Single‑level duplex built in 1979 with two 2‑bedroom, 1‑bath units
- Unit 362 is vacant and move‑in ready with recent updates including new flooring, new cabinets, and quartz counters
- Unit 360 is occupied by a month‑to‑month tenant paying $1,150 per month plus utilities
- Separately metered units for convenient ownership and flexible management
- Covered carport parking for two vehicles plus dedicated storage space
- Vinyl windows, baseboard heat, and a newer composition roof
Overview
The property includes covered carport parking for two vehicles and dedicated storage space. Exterior updates include a newer roof and vinyl windows. The site is listed at 0.11 acres, with the duplex totaling 1,770 square feet.
For tenants, buyers, or owner-occupants, the layout supports flexible living and leasing: one side can be occupied while the other generates rental income. The vacant unit’s condition can also reduce turnaround needs for an operator seeking immediate leasing. With convenient proximity to parks, schools, shopping, and public transportation, the property is positioned to support everyday tenant needs in Longview, WA.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.8k | $17.40 |
| − Vacancy | −$1.7k | −$0.96 |
| EGI | $29.1k | $16.44 |
| − OpEx | −$8.7k | −$4.93 |
| NOI | $20.4k | $11.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Longview
- County
- Cowlitz
- State
- Washington
- Longitude
- -122.95674
- Latitude
- 46.125392
