$815,000
SOLD NOV 3, 2025

878 I St Washougal, WA 98671

8 Beds
8 Baths
4,320 Sq Ft
7,840 Sq Ft Lot

Recently Sold

$189 Per Sq Ft

4% Below List Price

55 Days on Market

Highlights

  • Baseboard Heating
  • High Speed Internet
  • Level Lot

About This Home

As of November 2025

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!

Last Agent to Sell the Property

Byeloth Hermanson

Keller Williams Realty Brokerage Phone: 360-521-7729 License #89218 Listed on: 06/20/2025

Keller Williams Realty

Last Buyer's Agent

Karen Higgins

Premiere Property Group, LLC License #25017379

Premiere Property Group, LLC

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: Closed
  • MLS Status: Sold
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Oct 7, 2015
Sold by
Red Cat Properties Llc
Bought by
Williams Clayon J and Williams Shirley A
Seller's Agent
Janice Hall-Matteo
Keller Williams Realty
Buyer's Agent
Jane Cooper Stinson
MORE Realty, Inc
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$402,573
Outstanding Balance
$315,336
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$527,534

Purchase Details

Closed on
Jun 27, 2013
Sold by
Strabel Douglas and Strabel Kathleen L
Bought by
Red Cat Properties Llc

Purchase Details

Closed on
Jul 3, 2012
Sold by
Red Cat Properties Llc
Bought by
Strabel Douglas and Strabel Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,694
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2008
Sold by
Strabel Douglas
Bought by
Red Cat Properties Llc

Purchase Details

Closed on
Nov 6, 2007
Sold by
Wagner Barry L and Fitzgerald Deborah A
Bought by
Strabel Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2007
Sold by
Strabel Kathy
Bought by
Strabel Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2003
Sold by
Brown Brock L
Bought by
King Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,460
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2003
Sold by
Weist Charles B and Weist Patricia C
Bought by
King Lisa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,460
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 1999
Sold by
Piche Denise and Piche Denise M
Bought by
Wiest Charles B and Wiest Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,800
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 1996
Sold by
Quigley William L and Quigley Monica T
Bought by
Piche Denise and Piche Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
8.25%
Mortgage Type
FHA
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $410,000 Fidelity Title Dt Vancouver
Quit Claim Deed -- None Available
Quit Claim Deed -- Fidelity National Title
Quit Claim Deed -- None Available
Warranty Deed $386,250 Stewart Title
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Cascade Title Of Clark Count
Warranty Deed $244,325 Cascade Title Of Clark Count
Warranty Deed -- Transnation Title Insurance
Warranty Deed $184,000 Clark County Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,573 FHA
Previous Owner $276,694 Commercial
Previous Owner $289,600 Commercial
Previous Owner $195,460 Commercial
Previous Owner $199,800 Commercial
Previous Owner $168,300 FHA
Closed $48,865 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2025 11/03/25 Sold $815,000 -1.8% $189 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
07/17/2025 07/17/25 Price Changed $829,900 -2.4% $192 / Sq Ft
06/20/2025 06/20/25 For Sale $849,900 +107.3% $197 / Sq Ft
10/09/2015 10/09/15 Sold $410,000 -3.5% $95 / Sq Ft View Prior Sale
08/10/2015 08/10/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $425,000 -- $98 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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 $7,254 $765,100 $91,840 $673,260
2024 $6,930 $765,100 $126,739 $638,361
2023 $5,900 $637,600 $105,616 $531,984
2022 $5,912 $637,600 $105,616 $531,984
2021 $5,778 $554,400 $91,840 $462,560
2020 $5,688 $508,420 $77,408 $431,012
2019 $4,891 $508,420 $77,408 $431,012
2018 $5,538 $462,200 $0 $0
2017 $4,892 $432,000 $0 $0
2016 $4,776 $419,100 $0 $0
2015 $4,365 $374,220 $0 $0
2014 -- $340,200 $0 $0
2013 -- $340,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 384435021

Regional Multiple Listing Service (RMLS)

APN: 075358-567