8-Unit Townhouse Multifamily
For Sale
$1,899,999
157 NEVADA DR, Longview, WA 98632
Townhouse apartments include private courtyards, carports, storage rooms and washer/dryer hookups.
Property SizeContact for details
Days on Market8
Property Features for 157 NEVADA DR
General Information
Standard status
Active
Property subtype
MultiFamily
Units
Unit Mix
8 x 2BR/1.5BA
Multifamily Units
8
Amenities
vaulted ceilings
walk-in closets
washer/dryer hookups
private courtyards
storage rooms
Listing Agency:
John L. Scott Real Estate
(360) 309-4904
Listed By:
Dean Gehrman · License #80562
(360) 431-9735
Source:
Braddavisproperties
Added: Sep 28
Last Checked: Oct 2 at 7:38PM
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 John L. Scott Real Estate
Investment Insights
Based on property information with market context.
This eight-unit multifamily property comprises four townhouse duplexes, with each unit measuring approximately 1093 square feet. Units have two bedrooms, one and a half baths, vaulted ceilings, walk-in closets and washer/dryer hookups. Each also has a carport, two storage rooms and a private courtyard. Recent work includes new roofs, updated windows and flooring, and painting.
The property includes four tax parcels and a 32x40 garage/shop with 200 amp service, a loft and a half bath. The garage/shop is used for income and is partially owner-occupied. Most residences are set back from the road in a wooded setting. Rent increases are planned for 7 of the 8 units in July; the remarks cite a cap rate of over 5%.
The property includes four tax parcels and a 32x40 garage/shop with 200 amp service, a loft and a half bath. The garage/shop is used for income and is partially owner-occupied. Most residences are set back from the road in a wooded setting. Rent increases are planned for 7 of the 8 units in July; the remarks cite a cap rate of over 5%.
Key Highlights
- Eight townhouse units across four duplexes and four tax parcels
- Each unit is approximately 1093 square feet, with 2 bedrooms and 1.5 baths
- Each residence has a carport, two storage rooms and a private courtyard
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
53
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Townhouse apartments include private courtyards, carports, storage rooms and washer/dryer hookups.
Where is this multifamily property located?
The property is located at 157 NEVADA DR Longview, WA.
What is the asking price?
The asking price for this property is $1,899,999.
What are key features of this property?
This property features: Eight townhouse units across four duplexes and four tax parcels; Each unit is approximately 1093 square feet, with 2 bedrooms and 1.5 baths; Each residence has a carport, two storage rooms and a private courtyard
