Property Details
202 SE 157th Avenue
Vancouver, WA 98684
$550,000
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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
