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Listed by Keller Williams Realty Portland Premiere
$ 1,799,900
Est. payment | /mo
5,888 SqFt
$ 1,799,900
Est. payment | /mo
5,888 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,888 sqft
Price per Sqft $305
Subdivision Hazel Dell
MLS Listing ID 382330851
Year Built 2026
Lot Size 10,890 Sqft
Property Description
An exceptional investment opportunity in the established and consistently sought-after Hazel Dell neighborhood of Vancouver, Washington, this newly constructed four-plex delivers strong projected returns at a strong cap rate — and as a brand-new build, minimal near-term maintenance overhead keeps cash flow predictable and capital expenditure risk reassuringly low, a stark contrast to the unexpected repair bills and aging infrastructure that so often quietly erode returns on older rental stock. New construction also positions this property favorably for cost segregation strategies, and potentially generate significant tax savings that further enhance overall returns. Each of the four generously proportioned units features a three-bedroom and two and one-half baths with desirable garages,, open Great Room floor plan bathed in abundant natural light from large picture windows, complemented by soaring high ceilings that lend an airy, expansive feel far beyond what tenants typically find at this price point. The gourmet kitchen is appointed with designer cabinetry, solid surface countertops, a spacious walk-in pantry, and a full suite of stainless steel appliances including a built-in microwave, dishwasher, freestanding range, and refrigerator, all anchored by a generous island perfect for meal prep and casual everyday seating. A spacious and inviting living and dining area flows naturally from the kitchen, creating a connected, comfortable space tenants are proud to call home. The primary bedroom retreat offers a walk-in closet and a private en suite bath featuring dual vanities, a walk-in shower, and a secluded water closet for added privacy. Two additional well-sized bedrooms, a full bath, a versatile loft space equally suited as a home office, sitting area, or play room, and a convenient in-unit laundry closet round out each unit — delivering the upscale finishes and highly functional layout that command premium rents in today's competitive Vancouver rental market.
Location
State WA
County Clark
Area _15
Zoning R1-5
Interior
Heating Forced Air
Cooling Heat Pump
Exterior
View Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Hazel Dell
Middle Schools Jason Lee
High Schools Hudsons Bay
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/8_pqdYvK6kQ
Nearby Locations
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