MLS# 24648981 – 10811 Ne 7th St, Vancouver, WA 98664 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Keller Williams Realty.

Property Description

Description

4 Units

Status: Active

Year Built: 1968

Days on Website: 48

Completely Remodeled Fourplex – A Prime Investment Opportunity! Discover this stunning, fully remodeled fourplex that’s been thoughtfully upgraded to the studs, offering a perfect blend of modern amenities and comfort. Each unit boasts 2 spacious bedrooms and a full bath, ideal for families or professionals seeking a stylish living space. Enjoy brand-new electrical and plumbing systems, ensuring peace of mind for years to come. Each unit features contemporary cabinets, elegant countertops, and beautiful floor coverings that elevate everyday living. Each unit comes with a small fenced backyard and a cozy patio, perfect for relaxation or outdoor entertaining. The property is currently in the process of being rented out and is managed by a professional team, making it a hassle-free investment.Don’t miss this opportunity to own a fully updated fourplex in a desirable location. Whether you’re an experienced investor or looking to start your real estate journey, this property offers exceptional value and a strong rental potential! Contact us today to learn more or schedule a viewing!

Property Details and Features

Basement

Basement:

None

Building

Built in 1968

Storage:

Attached

Stories:

Unit Type Type:

UnitTypeType1

Expenses

Operating Expense:

$10,540

Exterior Features

Exterior Description:

Brick,CementSiding

Foundation

Foundation Details:

Slab

Heating

Heating:

WallHeater

Income

CAP Rate:

7.18

Gross Income:

$93,120

Gross Rent Multiplier:

12.35

Gross Scheduled Income:

$90,960

Net Operating Income:

$82,580

Listing

Contract Status Change Date:

2024-10-04

Days On Market:

Last Transaction Date:

2024-11-08 14:35:50

List Price:

$1,150,000

Listing Contract Date:

2024-10-04

Listing Id:

24648981

Mls Status:

Active

Modification Timestamp:

2024-11-08 14:35:50

On Market Date:

2024-10-04

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_20

County Or Parish:

Clark

Lot

Size Acres:

0.36

Size Range:

SqFt15000to19999

Size Square Feet:

15,681

Size:

15,000 to 19,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

8 total parking spots

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Zoning:

R-18

Roof

Roof:

Composition

Schools

High School:

Mountain View

Middle Or Junior School:

Wy East

Elementary School:

Ellsworth

Sewer

Sewer:

SepticTank

Taxes

Annual Amount:

$5,272

Legal Description

Tax Year:

2024

Unit One

Actual Rent:

$1,895

Area:

914

Features:

Dishwasher,Range,Refrigerator,WasherDryerHookup

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity,Tank

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$1,150,000 -

10811 Ne 7th St Vancouver , WA 98664

MLS Area Major: _20

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 12:47PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.