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(253) 256-5270
My Q Homes with Wilcox Real Estate
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
- Days on Market
- 4
- Style
- 52 - Duplex
- Finished SqFt
- 3,512
- Area Total SqFt
- 3512
- Annual Tax Ammount
- 9938.23
- Lot Size (sq ft)
- 20,038
- Sewer
- Septic Tank
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.
Additional Information
- List Date
- 2026-10-13 15:26:13
- Community
- Lincoln
- Net Operating Income
- $33,030
- Gross Adjusted Income
- $59,380
- Gross Scheduled Income
- $65,190
- Total Monthly Income
- $5,780
- Insurance Expenses
- $2,375
- Gross Rent Multiplier
- 15.32
- Total Expenses
- $16,462
- Cap Rate
- 3.3
- Total Number of Units
- 4
- Unit Name
- 3400
- Potential Terms
- Cash, Conventional
- Year Built
- 1966
- Roof
- Composition
- Other Expenses
- 4148
- Energy Source
- Electric
- 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
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.