Property Details
1511 NE 141st Avenue
Vancouver, WA 98684
$575,000
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Property Overview
Well-cared-for duplex in the Hearthwood neighborhood with a comfortable, established feel. Each unit offers 2 bedrooms, 1.75 bathrooms, single-level living, and an attached one-car garage. Both sides feature fireplaces and exceptionally large private backyards with plenty of space to enjoy. Brick accents and mature trees throughout the area add to the classic Hearthwood character. One side is currently vacant and was just freshly painted, and updated inside. The other unit is occupied by a long-term tenant, providing consistent rental income from day one. You also have the option to lease the vacant side and operate the property as a full investment. Convenient location close to shopping, restaurants, and everyday services.Listing agent related to sellers.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Clark
Neighborhood
Hearthwood
Listed
Mar 27, 2026
Original Price
$600,000
Structure Type
Duplex
Parcel Number
110185364
Tax & HOA
Annual Property Tax
$4,696 (2025)
Est. Monthly Tax
$391/mo
Financial Summary
Cap Rate
4.47%
Net Operating Income
$26,799
Gross Scheduled Income
$42,305
Gross Rent Multiplier
14.18
Total Expenses
$15,506
Building & Use
Building Sq Ft
1,808
Leasable Area
2,384 sqft
Total Units
2
Lot Size
11,299 sqft
Year Built
1976
Exterior & Lot
Lot Size
0.26 sqft
Year Built
1976
Garage
2 spaces
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved
Exterior Features
Brick, Wood Products
Community & Access
Directions
From WA-500 E Take the NE 112th Ave ramp. Turn left onto NE 18th St. Turn right onto NE 141st Ave. Property is on the left. Signed.
Location
City
Vancouver
County
Clark
Coordinates
45.63357, -122.52749
Additional Information
Tax Year
2025
Annual Taxes
$4,696
Possession
Array
