10-Unit Apartment Building
For Sale
Contact for pricing
Pending
1922 Alabama St, Longview, WA 98632
Two adjacent buildings offer a mix of studio and one- and two-bedroom apartments.
Property SizeContact for details
Days on Market143
Property Features for 1922 Alabama St
General Information
Standard status
Pending
Property subtype
Multifamily
Financials
Asking Price
$995,000
Gross Income
$92,360
Average Monthly Rent
$748
Units
Unit Mix
1 x 2BR/1BA, 4 x 1BR/1BA, 5 x Studio
Multifamily Units
10
Building Details
Buildings
2
Listing Agency:
RareBird Real Estate
(503) 270-5700
Listed By:
Benjamin Ficker · License #OR 200412166
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 12:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RareBird Real Estate
Investment Insights
Based on property information with market context.
This 10-unit apartment property comprises two adjacent buildings at 1922 Alabama Street and 306 20th Avenue in Longview, Washington. The unit mix includes one 2BR/1BA apartment, four 1BR/1BA apartments, and five studio units. Apartments have individual electric meters, electric heat, and appliances. Exterior improvements include newer paint, energy-efficient vinyl windows, and a roof installed 2-3 years ago.
Three units are currently vacant. Occupied apartments are leased through a combination of month-to-month and fixed-term agreements. The property has experienced 70% unit turnover within the past five years, and management is currently in place. The two-building configuration provides a consolidated multifamily asset across two Longview addresses.
Three units are currently vacant. Occupied apartments are leased through a combination of month-to-month and fixed-term agreements. The property has experienced 70% unit turnover within the past five years, and management is currently in place. The two-building configuration provides a consolidated multifamily asset across two Longview addresses.
Key Highlights
- 10 units across two adjacent apartment buildings
- Unit mix: one 2BR/1BA, four 1BR/1BA, and five studio units
- Three units currently vacant
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 98632, WA
50,721
Population
21,787
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
90%
High-School Grad
121.4 sq mi
ZIP Area
418
Density / Sq Mi
$64,705
Median Household Income
$40,928
Median Earnings
$1,142
Median Rent
$355,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two adjacent buildings offer a mix of studio and one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 1922 Alabama St Longview, WA.
What are key features of this property?
This property features: 10 units across two adjacent apartment buildings; Unit mix: one 2BR/1BA, four 1BR/1BA, and five studio units; Three units currently vacant
