Listed by Jim Stephens • John L. Scott, Inc. Bought with Woodford Commercial RE.
Off Market Dec 2024 for $460K
$538,719
Est. refi paymentEst. refi$1,097/mo
7
bd
•
4.5 ba
•
3,619
sq ft
941 Olson Rd, Longview, WA 98632
About this home
Investor Alert With Great Rental History! Desirable location well-situated in the hills of Columbia Heights. Located conveniently near dining and shopping options. This tri-plex is roomy, with 2 two bedroom townhouse units, each with 1 1/2 baths, and one three bedroom unit with 1 1/2 bath with garage. Small yard off the back. Rented below market value this property is well positioned for steady rental income and long-term appreciation.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
7
Baths
4.5
Stories
2
Lot width
—
Lot depth
—
Lot size
6,970 Sq. Ft.
Year renovated
—
Sq. Ft.
3,619
Year built
1972
Style
Multi-Family (2-4 Unit)
County
Cowlitz County
APN
6198001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 17, 2026.
Dec 2, 2025 • Final
Reroof
Remove existing roofing and install a new roof on a two-family residential building.
Roofing
Jul 8, 2025 • Final
Residential 1 or 2 family dwelling
Remove and replace the back glass door and the front lower window of the unit.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 5
Covered Spaces: 1
Open Parking Spaces: 5
Garage Square Feet: 336
Has Open Parking
Interior
Heating & Cooling
Has Heating
Heating Information: Baseboard
Cooling Information: None
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Electric Expense: $800
Insurance Expense: $1,939
Other Expense: $816
Net Operating Income: $29,316
Gross Adjusted Income: 29316
Gross Scheduled Income: $40,320
Total Monthly Income: 3260
Gross Rent Multiplier: 15.34
Total Expenses: 11004
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 3
# of Units (Total): 3
Unit Type 1 Information
# of Bathrooms: 1.5
# of Bedrooms: 2
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 1,131
Actual Rent: $1,015
Unit Type 2 Information
# of Bathrooms: 1.5
# of Bedrooms: 2
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 1,131
Actual Rent: $1,050
Unit Type 3 Information
# of Bathrooms: 1.5
# of Bedrooms: 3
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 1,357
Actual Rent: $1,195
Exterior
Building Information
Roof: Flat
Exterior Features
Exterior Features: Wood Products
Property Information
Energy Source: Electric
Style Code: 53 - Tri-plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Has View
Land Information
Possible Use: Multi-Family
Lot Information
MLS Lot Size Source: Public Records
Site Features: Fenced-Partially,High Speed Internet,Patio
Lot Features: Open Space, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.16
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $3,770
Tax Year: 2024
Financial Information
Listing Terms: Cash Out, Conventional, FHA, VA Loan
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: City of Longview
Power Company: Cowlitz PUD
Sewer: Sewer Connected
Sewer Company: Beacon Hill
Water Sewer Garbage: 3679
Location
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: Longview
Location Information
Directions: West on Ocean Beach Hwy, Right onto Laurel Rd, Turn Left onto Laurel Rd, At end of road, Turn left onto Columbia Heights Rd, Turn right onto Olson Rd
Public facts
Beds: 7
Baths: 4.5
Sq. Ft.: 3,619
Stories: 2.0
Lot Size: 6,970 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1972
Year Renovated: —
County: Cowlitz County
APN: 6198001
Home facts updated by county records on Jun 17, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Thursday, September 12, 2024
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3619
MLS Square Footage Source: Public Records
Building Area Total: 3619
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1972
Effective Year Built Source: Public Records
Structure Type: Triplex
Stories Total: 2
Around this home
Schools
Lexington Elementary
Public K-5 • Assigned • 1.9mi
6/10
Huntington Middle School
Public 6-8 • Assigned • 2.2mi
4/10
Kelso High School
Public 9-12 • Assigned • 3.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
2/10 Heat Factor
7 days above 90° 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
8 unhealthy days expected this year, 8 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
74
55
62
46
53
43
49
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 1.9 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
1.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$512,000 – $620,000
Reach more buyers when you sell with Redfin. Save up to $5,387 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.