3007 E 33rd Street, Vancouver, WA 98661
- $1,100,000
- 3,120
- SqFt
Listing courtesy of Redfin.
- List Price
- $1,100,000
- Status
- ACTIVE
- MLS#
- 2538358
- Days on Market
- 40
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,120
- Lot Size (sq ft)
- 10,019
Property Description
Well-maintained four-plex situated on a single tax lot at 3007 & 3009 E 33rd St and 3213 & 3215 Drummond Ave in Vancouver. Each of the four units offers approximately 780 square feet of living space and features a comfortable living room, two bedrooms, one full bathroom, and a kitchen with an eating area. Kitchens are equipped with an electric range, range hood, and refrigerator. Each unit also includes a dedicated laundry closet with washer and dryer hookups for added convenience. The property has benefited from updates throughout all units, including refreshed kitchens and updated flooring. Interior flooring materials include laminate hardwood, laminate, vinyl, and carpet, providing a combination of durability and comfort. Utilities are powered by electricity, including the hot water heaters, and baseboard heating serves each unit. Positioned on a corner lot, this income-producing property offers the advantages of a single tax lot while providing four separate residential units. Exterior improvements include a roof with 30-year composition shingles and gutters installed around 2017. The property is connected to public water and sewer services. This versatile multi-family investment presents an opportunity for stable rental income with functional floor plans, desirable two-bedroom layouts, and convenient access to local amenities, schools, shopping, and transportation throughout central Vancouver. Mortgage savings may be available for buyers of this listing.
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Additional Information
- List Date
- 2026-06-18 15:57:18
- Community
- Heights
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1972
- Roof
- Composition
- Site Features
- Fenced-Partially
- School District
- Vancouver
- Elementary School
- Buyer To Verify
- Middle School
- Discovery Middle
- High School
- Hudson's Bay High
- Total Monthly Income
- $5,540
- Gross Scheduled Income
- $68,520
- Gross Adjusted Income
- $68,520
- Tax Year
- 2026
- Insurance Expense
- $2,413
- W/S/G Expenses
- $5,208
- Total Expenses
- $13,513
- Net Operating Income
- $50,776
- Gross Rent Multiplier
- 16
- Cap Rate
- 4.62
Mortgage Calculator
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.