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(360) 901-2280
Real Estate Company
3400 Kauffman Avenue, Vancouver, WA 98660
- $999,000
- 3,512
- SqFt
Listing Broker: Keller Williams-Premier Prtnrs; Shelly M. Schmitz; 360-903-9420; Broker@kwvancouver.com
- List Price
- $999,000
- Status
- ACTIVE
- MLS#
- 2594262
- Style
- 52 - Duplex
- Finished SqFt
- 3,512
- Lot Size (sq ft)
- 20,038
Property Description
This rare, turn-key multi-family investment features two well-maintained duplexes being sold together in a highly desirable location. Situated on the border of the Lincoln neighborhood and just a half-block north of the Carter Park neighborhood, this fully occupied property offers an exceptional opportunity for investors looking for immediate cash flow. All four units are currently rented and feature a functional two-bedroom, one-bathroom layout. Built in 1966, the property is under professional management with a decades-long campaign of timely maintenance and upkeep. This solid, low-maintenance asset sits in a premium rental market and offers a fantastic addition to any real estate portfolio. Please do not disturb tenants.
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Additional Information
- List Date
- 2026-10-13 15:26:13
- Community
- Lincoln
- Potential Terms
- Cash, Conventional
- Year Built
- 1966
- Roof
- Composition
- School District
- Vancouver
- Elementary School
- Lincoln Elementary
- Middle School
- Discovery Middle
- High School
- Hudson's Bay High
- Total Monthly Income
- $5,780
- Gross Scheduled Income
- $65,190
- Gross Adjusted Income
- $59,380
- Tax Year
- 2025
- Insurance Expense
- $2,375
- Total Expenses
- $16,462
- Net Operating Income
- $33,030
- Gross Rent Multiplier
- 15.32
- Cap Rate
- 3.3
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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.