$560,000

Estimated payment $3,396/month

Total Views 5,195
4 Beds
3 Baths
2,496 Sq Ft
$224 Price per Sq Ft

Highlights

  • City View
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

Fantastic 2 Unit Income Opportunity in a Mid Century Property located in the heart of Vancouver. This Updated Property provides 2 Separate Units with a total of 2,236sf of Living Space, 4 Bedrooms, and 3 Full Bathrooms. UPSTAIRS UNIT: 3 Bedrooms, 2 Full Bathrooms, Kitchen, Dining Area, Living Room with Fireplace, plus Sunroom. DOWNSTAIRS UNIT: 1 Extra Large Bedroom, 1 Full Bathroom, Kitchen, Living Room with Gas Fireplace, Laundry and Extra Large Storage Area plus Carport. Property is serviced by NW Gas, Furnace with AC. Great Area that is close to Clark College and Various Schools, and Popular Downtown Vancouver.

Listing Agent

Alex Hart

Knipe Realty ERA Powered License #85262 Listed on: 08/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,418

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,496 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement
  • Basement Storage

Schools

  • Harney Elementary School
  • Discovery Middle School
  • Hudsons Bay High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 035269000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $7,418
  • Gross Income $37,800
  • Net Operating Income $30,382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,418

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Year Built: 1956
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit
  • Storage: Basement
  • Total Bedrooms: 4
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Harney
  • High School: Hudsons Bay
  • Middle Or Junior School: Discovery

Lot Info

  • Zoning: R-9
  • Parcel #: 035269000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Gas, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 4418.3

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.81
  • Annual Gross Income: 37800.0
  • Property Net Operating Income: 30382.0
  • Annual Operating Expense: 7418.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,362 $464,109 $162,437 $301,672
2024 $4,418 $446,560 $162,437 $284,123
2023 $4,121 $472,358 $169,821 $302,537
2022 $4,028 $442,179 $165,390 $276,789
2021 $4,372 $402,755 $147,670 $255,085
2020 $4,049 $412,068 $128,403 $283,665
2019 $3,655 $395,434 $111,283 $284,151
2018 $3,867 $369,686 $0 $0
2017 $3,259 $324,750 $0 $0
2016 $3,183 $285,615 $0 $0
2015 $2,847 $266,587 $0 $0
2014 -- $225,417 $0 $0
2013 -- $193,676 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $560,000 +31.8% $224 / Sq Ft
03/31/2021 03/31/21 Sold $425,000 0.0% $190 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $425,000 0.0% $190 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $425,000 -- $190 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 Clark County Title Company
Interfamily Deed Transfer -- Clark County Title Company
Bargain Sale Deed $240,400 Stewart Title
Warranty Deed $291,305 Stewart Title
Interfamily Deed Transfer -- Stewart Title
Warranty Deed $294,000 Cascade Title
Warranty Deed $145,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 New Conventional
Previous Owner $192,320 Purchase Money Mortgage
Previous Owner $69,000 Credit Line Revolving
Previous Owner $204,000 Purchase Money Mortgage
Previous Owner $53,250 Credit Line Revolving
Previous Owner $203,250 Unknown
Previous Owner $85,000 Credit Line Revolving
Previous Owner $105,000 No Value Available
Closed $40,000 No Value Available
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 701614831

Regional Multiple Listing Service (RMLS)

APN: 035269-000