302 3rd Street, Woodland, WA 98674
- $990,000
- 3,062
- SqFt
Listing courtesy of Pellego, Inc..
- List Price
- $990,000
- Status
- ACTIVE
- MLS#
- 2543571
- Price Change
- ▼ $5,000 1784711937
- Days on Market
- 35
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,062
- Lot Size (sq ft)
- 10,019
Property Description
Modern, low-maintenance fourplex in the heart of Woodland, offering immediate stability and strong, proven income. Offered at its current appraised value, this property represents a secure investment from day one. The building has been beautifully remodeled with high-quality finishes, efficient mechanical systems, and a durable metal roof designed to keep ongoing capital expenditures minimal. Each unit is currently leased and performing, generating a reliable $6,645/month with remarkably low operational expenses. Situated in a prime, highly rentable location, tenants enjoy being just a short walk to Horseshoe Lake Park and under 20 minutes to Vancouver, WA. This is a rare opportunity to acquire a fully stabilized asset combining immediate cash flow, premium design quality, and predictable performance in one of SW Washington’s steadiest growth markets. Buyer to verify all information. Please do not disturb tenants; interior showings are available after an accepted offer. Owner/Broker.
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Additional Information
- List Date
- 2026-06-22 04:13:12
- Community
- Woodland
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1971
- Roof
- Metal
- School District
- Woodland
- Total Monthly Income
- $6,645
- Gross Scheduled Income
- $79,740
- Gross Adjusted Income
- $79,740
- Tax Year
- 2026
- Insurance Expense
- $3,648
- W/S/G Expenses
- $6,308
- Total Expenses
- $15,418
- Net Operating Income
- $64,321
- Gross Rent Multiplier
- 12.5
- Cap Rate
- 6.46
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.