Property Details

202 SE 157th Avenue
Vancouver, WA 98684
$550,000
MLS# 2496505 courtesy of NWMLS Listing firm: Windermere Northwest Living

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202 SE 157th Avenue , Vancouver, WA 98684, Vancouver

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202 SE 157th Avenue , Vancouver, WA 98684, Vancouver

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Multi-Family
Property Type
1,800
Bldg Sq Ft
2
Units
4.89%
Cap Rate
1972
Year Built

Property Overview

Well-kept 1970s duplex in the Hearthwood neighborhood with a comfortable, established feel. Each unit has 2 bedrooms, 1 bathroom, and easy single-level living. Both sides include a fireplace and good-sized private backyards. Outdoor storage sheds add extra functionality, and each driveway offers space for RV parking. You’ll notice the brick accents and mature trees throughout the area that give Hearthwood its character. Property is fully occupied with long-term tenants, making this a steady investment opportunity. 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

Financial Summary

Cap Rate 4.89%
Net Operating Income $26,915
Gross Scheduled Income $37,435
Gross Rent Multiplier 14.69
Total Expenses $10,520

Building & Use

Building Sq Ft 1,800
Leasable Area 1,800 sqft
Total Units 2
Lot Size 8,159 sqft
Year Built 1972

Exterior & Lot

Lot Size 0.19 sqft
Year Built 1972
Exterior Materials Brick, Wood
Parking RV Parking
Sewer Sewer Connected
Water Source Public
Lot Features Curbs, Paved
Exterior Features Brick, Wood Products

Location

City Vancouver
County Clark
Coordinates 45.62030, -122.51209

Additional Information

Tax Year 2025
Annual Taxes $4,343
Possession Array
Listed By
Maria Andrews
Windermere Northwest Living

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