Listed by Patty Britcher • Realty One Group Northstars.
For sale
$405,000
Est. $2,449/mo —
4
bd
•
2 ba
•
1,403
sq ft
733 Delaware St, Longview, WA 98632
About this home
Excellent Multi-Family investment opportunity! This fully updated Duplex features two spacious 2-bedroom, 1-bathroom units. Each unit has been completely remodeled from top to bottom, included upgraded light fixtures and exterior paint. Designed for comfortable, functional layouts, the property includes a shared garage with 2 laundry hook-ups, 1 for each unit. Close to hospitals, bus routes, shopping and parks. With strong rental history and consistent revenue, this turnkey property is a solid addition to any portfolio.
Multi-familyProperty Type
1978Year Built
4,800 sq ftLot Size
$289Price/Sq.Ft.
2 car garageParking
Listed by Patty Britcher• Realty One Group Northstars
Broadway, located between the Cowlitz River and Lake Sacajawea, is a historic and commercial Longview neighborhood with a classic downtown grid and a river-to-park backdrop. The neighborhood’s character concentrates around Broadway Ave and 15th Ave, where storefront blocks, marquee lights, and sidewalk patios set a steady, day-to-night rhythm. The Columbia Theatre for the Performing Arts, the Monticello Hotel, and the Merk Building act as cultural anchors with deep local roots. Early-20th-century brick facades and midcentury infill give the streets a layered architectural feel. Cafes, galleries, and small-service shops keep the sidewalks active, while nearby green space softens the urban edges. The flat terrain and compact blocks support a walk-forward lifestyle tied to events and performances.
Provided by Walk Score and Local Logic
Market insights
733 Delaware St · $405,000
SALE-TO-LIST
97.0%
Most homes are selling 3% below list price.
LIST PRICE
$405,000
Median list price in this area is $375,000. (7% lower than this home)
PRICE DROP
1 price drop
36% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Laminate flooring
Radiant heating
Wall furnace
Bedrooms
Two 2-bedroom units (each unit layout: 2 bedrooms)
Bathrooms
Each unit has 1 bathroom
Kitchen
Each unit includes a range/oven
Each unit includes a refrigerator
Each unit includes a dishwasher
Laundry & utility
Has heating (radiant and wall furnace)
Flooring
Laminate
Heating & cooling
Radiant heating
Wall furnace
No cooling
Exterior features
Metal/vinyl exterior
Curb, paved frontage and sidewalk
Has a view
Home design
Duplex (residential income, multi-family)
Single-story
Built effective in 1978
Pillar/post/pier foundation
Parking
Covered parking for 2 vehicles
2-car garage (approximately 437 sq ft)
Construction
Metal/vinyl construction
Composition roof
Utilities
Electric service
Public water (City of Longview)
Sewer connected (City of Longview)
Power provided by Cowlitz PUD
Financial info
Property marketed for cash or conventional financing
Two-unit building with total monthly income reported at $1,850
Gross scheduled income approximately $22,200 annually; gross adjusted income $21,978
Net operating income reported at $12,373; total annual expenses reported at $9,605
Insurance expense reported at $1,403; other expenses reported at $1,953
Gross rent multiplier reported at 20.47
Each unit currently reporting actual rent of $925
Other
Possible use: Multi-family
Zoning jurisdiction: City
Electricity and solar
View estimated energy costs and solar savings for this home
Excellent Multi-Family investment opportunity! This fully updated Duplex features two spacious 2-bedroom, 1-bathroom units. Each unit has been completely remodeled from top to bottom, included upgraded light fixtures and exterior paint. Designed for comfortable, functional layouts, the property includes a shared garage with 2 laundry hook-ups, 1 for each unit. Close to hospitals, bus routes, shopping and parks. With strong rental history and consistent revenue, this turnkey property is a solid addition to any portfolio.
Year
Property tax
Land + Additions
Assessment*
2026
$2,134 (+1.9%)
$25,000 + $226,560
$251,560
2025
$2,094 (−22.1%)
$25,000 + $226,560
$251,560
2024
$2,690 (−6.2%)
$25,000 + $216,180
$241,180
2023
$2,868 (+10.2%)
$25,000 + $286,140
$311,140
2022
$2,603 (+32.5%)
$25,000 + $236,550
$261,550
2021
$1,965 (+10.3%)
$25,000 + $152,620
$177,620
2020
$1,781 (+13.7%)
$25,000 + $143,976
$168,976
2019
$1,567 (+13.0%)
$25,000 + $120,140
$145,140
2018
$1,387 (+1.9%)
$26,000 + $79,460
$105,460
2017
$1,361 (+2.3%)
$26,000 + $79,460
$105,460
2016
$1,331 (−7.8%)
$26,000 + $79,460
$105,460
2015
$1,444 (+0.5%)
$26,000 + $79,460
$105,460
2014
$1,436 (+0.9%)
$26,000 + $79,460
$105,460
2013
$1,423 (−4.0%)
$26,000 + $79,460
$105,460
2012
$1,482 (+5.1%)
$28,050 + $86,310
$114,360
2011
$1,410 (−3.2%)
$28,050 + $86,310
$114,360
2010
$1,456 (+6.2%)
$28,050 + $98,080
$126,130
2009
$1,371
$28,050 + $98,080
$126,130
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
4,800 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,403
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,403
Year built
1978
Style
Multi-Family (2-4 Unit)
County
Cowlitz County
APN
08595
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
R-4
Residential District
It is the city’s intent that residential neighborhoods and uses be developed and preserved against intrusions by incongruous land uses. These zone classifications are established, in order to permit a variety of housing and population densities with minimum conflict. Protection is provided against hazards, objectionable influences, traffic and building congestion, undue strain on municipal services, and lack of light, air and privacy. Certain essential and compatible public service facilities and institutions are permitted in these districts; There are five primary residential zoning districts established for the city, including two lower density designations R-1, TNR, one medium density designation R-2 and two high density zones R-3, R-4. More limited secondary residential development is allowed in some commercial zone designations as provided for in other chapters. This chapter provides standards for residential land use and development and is based on the following principles: Promote the orderly expansion and improvement of neighborhoods; Make efficient use of land and public services and implement the Longview comprehensive plan; Designate land for the range of housing types and densities needed by the community, including owner-occupied and rental housing; Provide flexible lot standards that encourage compatibility between land uses, efficiency in site design, and environmental compatibility; Provide for compatible building and site design at an appropriate neighborhood scale; provide standards that are in character with the landforms and architecture existing in the community; Apply the minimum amount of regulation necessary to ensure compatibility with existing residences, schools, parks, transportation facilities, and neighborhood services. Reduce reliance on the automobile for neighborhood travel and provide options for walking, bicycling, and transit use; and Provide direct and convenient access to schools, parks and neighborhood services.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Infrastructure
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 88° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Longview, WA • 98632
Average low and high temperatures (°F)
47
35
49
37
55
41
64
43
69
48
74
53
80
56
81
59
75
55
61
46
53
43
49
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 733 Delaware St
$392,673
$12K under list price of $405K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $324K to $475K.