878 I St Washougal, WA 98671
Estimated payment $5,311/month
Highlights
- Baseboard Heating
- High Speed Internet
- Level Lot
About This Home
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 bathrooms. 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!
Listing Agent
Keller Williams Realty Brokerage Email: QuickSoldHomes@gmail.com License #89218 Listed 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
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 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $849,900 | +107.3% | -- |
| 10/09/2015 10/09/15 | Sold | $410,000 | -3.5% | $95 / Sq Ft |
| 08/10/2015 08/10/15 | Pending | -- | -- | -- |
| 04/23/2015 04/23/15 | For Sale | $425,000 | -- | $98 / Sq Ft |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $499,643 | FHA | |
| Closed | $21,500 | Closed End Mortgage | |
| Closed | $401,166 | FHA | |
| Closed | $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: Regional Multiple Listing Service (RMLS)
MLS Number: 384435021
APN: 075358-567
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