Fantastic Four-Plex Investment Opportunity in Washougal!This fully-occupied four-plex features four spacious townhome-style units, each offering 1,100 SF of comfortable living space with 2 bedrooms and 1 full bath. Three of the four units boast beautifully remodeled kitchens. All appliances are included, making it turnkey for tenants and owners alike.Each unit enjoys a private, fenced 16x20 backyard with a patio—perfect for outdoor relaxation. Professionally managed by TMG, the property offers hassle-free ownership with established leases already in place.Cash flow positive and poised for long-term growth—don’t miss this rare chance to invest in a stable, income-producing property in the heart of Washougal. Contact broker for more info!
Keller Williams RealtyBrokerage Phone: 360-521-7729License #89218Listed on: 06/20/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,930
Year Built
Built in 1978 | Remodeled
Lot Details
7,840 Sq Ft Lot
Level Lot
Home Design
Metal Roof
Plywood Siding Panel T1-11
Interior Spaces
2-Story Property
Bedrooms and Bathrooms
8 Bedrooms
8 Bathrooms
Parking
4 Parking Spaces
Paved Parking
Assigned Parking
Schools
Hathaway Elementary School
Jemtegaard Middle School
Washougal High School
Utilities
No Cooling
Baseboard Heating
Electric Water Heater
High Speed Internet
Listing and Financial Details
Assessor Parcel Number 075358567
Community Details
Overview
4 Units
Property managed by TMG
Building Details
Operating Expense $7,200
Gross Income $71,760
Net Operating Income $64,560
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,930
Year Built
Built in 1978 | Remodeled
Lot Details
0
Listing Details
Standard Status: Active
MLS Status: Active
Property Type: MultiFamily
Stories: 2
Year Built: 1978
Property Condition: UpdatedRemodeled
Property Attached Yn: No
Open House: No
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Total Bedrooms: 8
Lot Size Range: SqFt7000to9999
Exterior Features
Exterior Description: T111Siding
Lot Size: 7,000 to 9,999 SqFt
View: No
Lot Features: Level
Road Surface Type: Paved
Roof: Metal
Garage/Parking
Parking Description: Assigned, Paved
Attached Garage: No
Total Parking Spaces: 4.0
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Internet Service Type: Cable,DSL
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
Sewer: PublicSewer
Water Source: PublicWater
Condo/Co-op/Association
Management Name: TMG
Schools
Elementary School: Hathaway
High School: Washougal
Middle Or Junior School: Jemtegaard
Lot Info
Zoning: R1-7.5
Lot Size Acres: 0.18
Lot Size Sq Ft: 7840.0
Parcel #: 075358567
Green Features
Green Certification: No
Rental Info
Rent Includes: None
Tax Info
Tax Deferral: No
Tax Year: 2024
Tax Annual Amount: 6929.84
Multi Family
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
Number Of Units Total: 4
Gross Rent Multiplier: 11.56
Annual Gross Income: 71760.0
Property Net Operating Income: 64560.0
Annual Operating Expense: 7200.0
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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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 AssessmentTax 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.
Investor opportunity! This 2192 sqft duplex is currently tenant occupied and features 3 bedrooms, 2 bathrooms and 1096 sqft per side, NEW roof in 2023, tile floors, electric range, built in microwave, built in dishwasher, vinyl windows, walk in closet, forced air heat pump, fiber cement siding, concrete patio and more!
This home is located at 878 I St, Washougal, WA 98671 and is currently priced at $829,900. This property was built in 1978. 878 I St is a home located in Clark County with nearby schools including Hathaway Elementary School, Jemtegaard Middle School, and Washougal High School.
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