3903 E 18th St Vancouver, WA 98661
Harney Heights NeighborhoodEstimated payment $15,067/month
Highlights
- 2.82 Acre Lot
- Baseboard Heating
- Level Lot
- Security Gate
- Gated Home
- 1-Story Property
About This Home
Exceptional opportunity for investors! Secure an exceptional, fully occupied 14 condo units at 3903 E 18th St, featuring immediate cash flow and the added security of the popular Ravenwood Condo GATED COMMUNITY. This is a true turnkey asset with premium tenant amenities that drive demand and retention.Each of the 14 units is a spacious 2-bedroom, 1-bathroom condo, a highly desirable configuration for renters. The property offers superior convenience: EACH UNIT INCLUDES ITS OWN IN-UNIT LAUNDRY and is conveyed with ASSIGNED PARKING per unit with plenty of guest parking, eliminating common ownership headaches and maximizing tenant satisfaction.Property Highlights:14 Units Total: All desired 2 Bed / 1 Bath floor plans. 906SQFT.Premium Amenities: In-Unit Laundry, Gas Fireplaces, and Assigned Parking for every unit—rare features that command top rents. Gated Community: Provides enhanced security, exclusivity, and strong curb appeal.Strong Financials: High occupancy and established rental history ensure immediate and stable cash flow.Low-Maintenance: Well-maintained property with a freshly painted exterior! Convenient Location: Close to Highways, shopping, restaurants and the airport.A rare opportunity to acquire a well-appointed, multi-family asset of this size in a prime, secure location. This is a must-see for serious portfolio expansion. Please do not disturb tenants.
Listing Agent
Keller Williams Realty Portland Central License #135783 Listed on: 10/03/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,972
Year Built
- Built in 1977
Lot Details
- 2.82 Acre Lot
- Gated Home
- Level Lot
Home Design
- Slab Foundation
- Composition Roof
- Plywood Siding Panel T1-11
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Security Gate
Bedrooms and Bathrooms
- 18 Bedrooms
- 9 Bathrooms
Parking
- 14 Parking Spaces
- Off-Street Parking
- Assigned Parking
Schools
- Mcloughlin Middle School
- Fort Vancouver High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 029293002
Community Details
Overview
- Property has a Home Owners Association
- 14 Units
- Ravenwood Condominiums Association, Phone Number (360) 891-8060
- Harney Heights Subdivision
Building Details
- Operating Expense $102,264
- Gross Income $253,488
- Net Operating Income $151,224
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,972 | $236,153 | -- | $236,153 |
| 2024 | $1,701 | $202,342 | -- | $202,342 |
| 2023 | $1,636 | $72,950 | $0 | $72,950 |
| 2022 | $1,560 | $175,986 | $0 | $175,986 |
| 2021 | $1,560 | $156,272 | $0 | $156,272 |
| 2020 | $1,407 | $146,694 | $25,000 | $121,694 |
| 2019 | $1,084 | $137,129 | $25,000 | $112,129 |
| 2018 | $1,064 | $109,327 | $0 | $0 |
| 2017 | $996 | $89,119 | $0 | $0 |
| 2016 | $910 | $87,085 | $0 | $0 |
| 2015 | $692 | $75,969 | $0 | $0 |
| 2014 | $749 | $54,553 | $0 | $0 |
| 2013 | $749 | $54,553 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2025 10/03/25 | For Sale | $2,800,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Clark County Title Co | |
| Quit Claim Deed | -- | Fidelity National Title |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 530629853
APN: 029293-002
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