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48-Unit Apartment Buildings
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4714 Ocean Beach Hwy, Longview, WA 98632

Two matching three-story buildings offer updated apartment interiors with private outdoor space and in-unit laundry.

Property SizeContact for details
Days on Market142

Property Features for 4714 Ocean Beach Hwy

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 12 x 1BR/1BA, 24 x 2BR/1BA, 12 x 2BR/2BA
Multifamily Units 48

Amenities

LVP flooring
quartz counter tops
plywood cabinets
balcony or patio
storage
air conditioning
garbage disposals
in unit washer and dryer

Building Details

Buildings 2
Stories 3
Listing Agency: Real Broker LLC
Listed By: Kristen Spellman · License #139767
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 7:12AM

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 Real Broker LLC

Investment Insights

Based on property information with market context.

This multifamily property includes two matching three-story apartment buildings with 48 units overall. Each building contains six one-bedroom, one-bath units; twelve two-bedroom, one-bath units; and six two-bedroom, two-bath units. Average unit sizes are 725 SF, 890 SF, and 961 SF, respectively. Interior features include LVP flooring, quartz countertops, plywood cabinetry, air conditioning, garbage disposals, and in-unit washers and dryers. Every apartment also includes a balcony or patio and storage.

The development was delivered in two phases. Phase one was completed in 2022 and is fully occupied, while phase two is scheduled for completion in June 2024. The buildings are located at 4714 Ocean Beach Hwy, Longview, WA 98632, on separate tax lots with separate loans. The purchase includes both phases, with the seller continuing to collaborate on phase-two completion.

Key Highlights

  • 48 units across two identical three‑story apartment buildings
  • Each building includes six 1‑bedroom/1‑bath, twelve 2‑bedroom/1‑bath, and six 2‑bedroom/2‑bath units
  • Average unit sizes of 725 SF, 890 SF, and 961 SF

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Hair Salon Parking Lot & Garage Nail Salon Building Supply Kitchen & Bath Showroom Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48
Residential units

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two matching three-story buildings offer updated apartment interiors with private outdoor space and in-unit laundry.
Where is this apartment building located?
The property is located at 4714 Ocean Beach Hwy Longview, WA.
What are key features of this property?
This property features: 48 units across two identical three‑story apartment buildings; Each building includes six 1‑bedroom/1‑bath, twelve 2‑bedroom/1‑bath, and six 2‑bedroom/2‑bath units; Average unit sizes of 725 SF, 890 SF, and 961 SF
More about this property
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