NOT LISTED FOR SALE
4 Beds
3 Baths
8,209 Sq Ft
10,019 Sq Ft Lot

Last Sold January 03, 2025

Last sale price $1,170,000 $143 Per Sq Ft

363 Days on Market

Highlights

  • Waterfront
  • Landscaped with Trees
  • Lap Siding
  • Corner Lot
  • High Speed Internet
  • Heat Pump System

About This Home

As of January 2025

Excellent investment property in downtown Vancouver. Total of six apartments on lot. Farmhouse divided into three units, duplex and ADU/Cottage with one unit. Main building has fresh paint and duplex & cottage have recent remodeling. Lot is zoned CX with good prospects for redevelopment. Fantastic downtown location makes property easy to rent at market rates. Do not disturb renters.

Last Agent to Sell the Property

William Hruby

Premiere Property Group, LLC License #73331 Listed on: 11/16/2023

Premiere Property Group, LLC

Last Buyer's Agent

Kali Zadok

Knipe Realty ERA Powered License #21027628

Knipe Realty ERA Powered

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,507

Year Built

  • Built in 1901

Lot Details

  • Waterfront
  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Composition Roof
  • Lap Siding
  • Vinyl Siding

Parking

  • 5 Parking Spaces
  • Off-Site Parking
  • Assigned Parking

Schools

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

Utilities

  • No Cooling
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 041260000

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $18,996
  • Gross Income $90,000
  • Net Operating Income $71,004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,507

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1901
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 1170000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding,VinylSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Waterfront: Yes
  • Foundation Details: Other
  • View: No
  • Lot Features: CornerLot, Level, Trees
  • Road Surface Type: Paved
  • Water Body Name: not waterfront
  • Waterfront Features: Other
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, OffSite
  • Attached Garage: No
  • Total Parking Spaces: 5.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,DSL
  • Cooling Y N: No
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: CX
  • Parcel #: 041260000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 7507.18

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 14.33
  • Annual Gross Income: 90000.0
  • Property Net Operating Income: 71004.0
  • Annual Operating Expense: 18996.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2025 01/03/25 Sold $1,170,000 -9.3% $143 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $1,290,000 -7.2% $157 / Sq Ft
11/28/2023 11/28/23 For Sale $1,390,000 +135.6% $169 / Sq Ft
07/07/2017 07/07/17 Sold $590,000 -0.8% $72 / Sq Ft View Prior Sale
04/30/2017 04/30/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $595,000 -- $72 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $8,655 $887,000 $205,700 $681,300
2024 $8,287 $887,000 $205,700 $681,300
2023 $7,507 $806,400 $187,000 $619,400
2022 $6,300 $806,400 $187,000 $619,400
2021 $6,367 $630,300 $185,850 $444,450
2020 $6,145 $600,300 $177,000 $423,300
2019 $4,739 $600,300 $177,000 $423,300
2018 $4,860 $479,500 $0 $0
2017 $4,158 $408,200 $0 $0
2016 $4,029 $364,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23186525

Regional Multiple Listing Service (RMLS)

APN: 041260-000