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Apartment Buildings with Townhouse Layout
For Sale
$1,899,999

A-h-157 Nevada Dr, Longview, WA 98632

Eight rental units feature private courtyards, carports, storage rooms, and washer/dryer hookups in a wooded setting.

Property SizeContact for details
Days on Market96

Property Features for A-h-157 Nevada Dr

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 8 x 2BR/1.5BA
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $14,009
Listing Agency: John L. Scott, Inc.
Listed By: Dean Gehrman · License #80562
Source: Exprealty
Added: May 9 Changed: Aug 10 Last Checked: Aug 11 at 10:25AM

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, Inc.

Investment Insights

Based on property information with market context.

This multifamily property comprises four townhouse-style duplex buildings, providing eight units across four tax parcels. Each approximately 1,093-square-foot residence includes two bedrooms, 1.5 baths, vaulted ceilings, walk-in closets, washer/dryer hookups, a carport, two storage rooms, and a private courtyard. Recent property improvements include exterior painting, new roofs, updated windows, and new flooring.

A separate 32x40 garage/shop adds functional value, with 200-amp service, a loft, and a half bath. The building is currently used for income and is partially owner occupied. The residential buildings sit back from the road in a wooded setting, providing separation from the surrounding roadway. The property is located on Nevada Dr in Longview, WA.

Key Highlights

  • Eight units arranged as four townhouse duplex buildings
  • Each unit is approximately 1,093 square feet with 2 bedrooms and 1.5 baths
  • Four separate tax parcels are included in the sale

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage HVAC Service Auto Repair Shop Nail Salon

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

66
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 - Eight rental units feature private courtyards, carports, storage rooms, and washer/dryer hookups in a wooded setting.
Where is this apartment building located?
The property is located at A-h-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 units arranged as four townhouse duplex buildings; Each unit is approximately 1,093 square feet with 2 bedrooms and 1.5 baths; Four separate tax parcels are included in the sale
More about this property
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