15702 SE 3rd Street, Vancouver, WA 98684
- $975,000
- 5,083
- SqFt
Listing courtesy of Windermere Northwest Living.
- List Price
- $975,000
- Status
- ACTIVE
- MLS#
- 2582821
- Days on Market
- 0
- Style
- 54 - 4-Plex
- Finished SqFt
- 5,083
- Lot Size (sq ft)
- 15,246
Property Description
Townhome-style fourplex on a spacious .35-acre corner lot in the desirable Hearthwood neighborhood. Three units offer 1,152 square feet with two bedrooms and one-and-a-half bathrooms. The larger 1,627-square-foot unit features three bedrooms and one-and-a-half bathrooms, creating an appealing mix of unit sizes. Each residence includes an interior utility room and a private patio directly off the main-floor living area, giving every tenant dedicated outdoor space. The larger unit also enjoys an upstairs deck with a recently rebuilt tile surface, providing an additional place to relax outdoors. The vinyl-sided property includes four garages, offering covered parking or extra storage, plus a separate storage unit on the property. A large parking area accommodates at least 10 vehicles beyond the garage spaces, an uncommon convenience for a multifamily property. Mature trees enhance the generous corner setting and provide a more established residential feel. Conveniently located close to shopping, dining, services, schools and major transportation routes. With spacious townhome-style units, abundant off-street parking, garages, private outdoor areas and a convenient Vancouver location, this property offers a compelling combination of everyday tenant amenities and long-term investment potential.
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Additional Information
- List Date
- 2026-09-15 17:33:15
- Community
- Hearthwood
- Potential Terms
- Cash, Conventional
- Year Built
- 1973
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, Outbuildings
- School District
- Evergreen
- Elementary School
- Mill Plain Elem
- Middle School
- Pacific Mid
- High School
- Evergreen High
- Total Monthly Income
- $7,035
- Gross Scheduled Income
- $78,106
- Vacancy Rate
- 4
- Gross Adjusted Income
- $78,106
- Tax Year
- 2025
- Insurance Expense
- $2,369
- W/S/G Expenses
- $227
- Total Expenses
- $35,777
- Net Operating Income
- $37,054
- Gross Rent Multiplier
- 12.48
- Cap Rate
- 3.8
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.