Log In/Sign Up
Your email has been sent.
3334 Kauffman Ave 4 Unit Apartment Building $975,000 ($243,750/Unit) 6.03% Cap Rate Vancouver, WA 98660
Investment Highlights
- Seller financing available
- Highly sought after four-plex in Vancouver's Lincoln neighborhood with excellent shopping & dining options nearby
- Dedicated covered parking with additional storage units
- Turn-key opportunity with rental upside
- Large, desirable townhouse layouts - 2 bed/1.5 bath units at ±1,016 SF
- Partially updated bathrooms and kitchens
Executive Summary
Seller financing available, please contact brokers for more information.
Nestled in Vancouver’s desirable Lincoln neighborhood, this 1985-built four-plex offers an ideal balance of low operational friction and premium tenant demand. This attractive four-unit townhouse-style complex offers approximately ±4,064 SF of living space with spacious 2-bedroom, 1.5-bath townhouse units, averaging over 1,000 SF each, designed for comfortable everyday living. Residents enjoy functional floor plans, large bedrooms, private patios, covered parking with additional storage units, full kitchens, and washer/dryer hookups.
Units feature cozy wood-burning fireplaces and updated finishes, including newer flooring, creating strong tenant appeal. Situated on a generous lot with easy access to I-5, downtown Vancouver, shopping, dining, parks, and public transit, this property presents an opportunity for investors seeking stable rental income in a desirable and centrally located area.
The asset's strategic positioning allows investors to capture downtown-level rental demand without the premium downtown acquisition price. Located less than a mile from the vibrant Uptown Village corridor, tenants enjoy excellent neighborhood walkability with a Safeway blocks away and New Seasons Market nearby. Positioned in a quiet R-18 zone, the property seamlessly blends suburban peace with quick access to Interstate 5, local employment hubs, and the booming Vancouver Waterfront.
Constructed in 1985, this asset avoids the maintenance liabilities of older vintage buildings while remaining highly cost-effective to operate. Units are separately metered for electricity, shifting heating and utility expenses directly to residents and insulating your cash flow. With immediate submarket rents for this specific layout commanding premium rates, this property presents a highly predictable path to maximizing your cap rate through light cosmetic upgrades on natural turns.
Nestled in Vancouver’s desirable Lincoln neighborhood, this 1985-built four-plex offers an ideal balance of low operational friction and premium tenant demand. This attractive four-unit townhouse-style complex offers approximately ±4,064 SF of living space with spacious 2-bedroom, 1.5-bath townhouse units, averaging over 1,000 SF each, designed for comfortable everyday living. Residents enjoy functional floor plans, large bedrooms, private patios, covered parking with additional storage units, full kitchens, and washer/dryer hookups.
Units feature cozy wood-burning fireplaces and updated finishes, including newer flooring, creating strong tenant appeal. Situated on a generous lot with easy access to I-5, downtown Vancouver, shopping, dining, parks, and public transit, this property presents an opportunity for investors seeking stable rental income in a desirable and centrally located area.
The asset's strategic positioning allows investors to capture downtown-level rental demand without the premium downtown acquisition price. Located less than a mile from the vibrant Uptown Village corridor, tenants enjoy excellent neighborhood walkability with a Safeway blocks away and New Seasons Market nearby. Positioned in a quiet R-18 zone, the property seamlessly blends suburban peace with quick access to Interstate 5, local employment hubs, and the booming Vancouver Waterfront.
Constructed in 1985, this asset avoids the maintenance liabilities of older vintage buildings while remaining highly cost-effective to operate. Units are separately metered for electricity, shifting heating and utility expenses directly to residents and insulating your cash flow. With immediate submarket rents for this specific layout commanding premium rates, this property presents a highly predictable path to maximizing your cap rate through light cosmetic upgrades on natural turns.
Property Facts
| Price | $975,000 | Building Class | C |
| Price Per Unit | $243,750 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 4,064 SF |
| Cap Rate | 6.03% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1985 |
| Property Subtype | Apartment | Parking Ratio | 1.97/1,000 SF |
| Zoning | R-18 | ||
| Price | $975,000 |
| Price Per Unit | $243,750 |
| Sale Type | Investment |
| Cap Rate | 6.03% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 4,064 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 1.97/1,000 SF |
| Zoning | R-18 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
3334 Kauffman Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.