Property Details
3007 E 33rd Street
Vancouver, WA 98661
$1,100,000
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Property Overview
Well-maintained four-plex situated on a single tax lot at 3007 & 3009 E 33rd St and 3213 & 3215 Drummond Ave in Vancouver. Each of the four units offers approximately 780 square feet of living space and features a comfortable living room, two bedrooms, one full bathroom, and a kitchen with an eating area. Kitchens are equipped with an electric range, range hood, and refrigerator. Each unit also includes a dedicated laundry closet with washer and dryer hookups for added convenience. The property has benefited from updates throughout all units, including refreshed kitchens and updated flooring. Interior flooring materials include laminate hardwood, laminate, vinyl, and carpet, providing a combination of durability and comfort. Utilities are powered by electricity, including the hot water heaters, and baseboard heating serves each unit. Positioned on a corner lot, this income-producing property offers the advantages of a single tax lot while providing four separate residential units. Exterior improvements include a roof with 30-year composition shingles and gutters installed around 2017. The property is connected to public water and sewer services. This versatile multi-family investment presents an opportunity for stable rental income with functional floor plans, desirable two-bedroom layouts, and convenient access to local amenities, schools, shopping, and transportation throughout central Vancouver. Mortgage savings may be available for buyers of this listing.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Clark
Neighborhood
Heights
Listed
Jun 18, 2026
Structure Type
Quadruplex
Parcel Number
028730000
Tax & HOA
Annual Property Tax
$5,892 (2026)
Est. Monthly Tax
$491/mo
Financial Summary
Cap Rate
4.62%
Net Operating Income
$50,776
Gross Scheduled Income
$68,520
Gross Rent Multiplier
16.00
Total Expenses
$13,513
Building & Use
Building Sq Ft
3,120
Leasable Area
3,120 sqft
Total Units
4
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
10,019 sqft
Year Built
1972
Exterior & Lot
Lot Size
0.23 sqft
Year Built
1972
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Paved
Exterior Features
Wood Products
Community & Access
Directions
E Fourth Plain Blvd – North Watson Ave – Left E 33rd St
Location
City
Vancouver
County
Clark
Coordinates
45.64480, -122.63923
Additional Information
Tax Year
2026
Annual Taxes
$5,892
Possession
Array
