Property Details

3007 E 33rd Street
Vancouver, WA 98661
$1,100,000
MLS# 2538358 courtesy of NWMLS Listing firm: Redfin

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3007 E 33rd Street , Vancouver, WA 98661, Vancouver

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3007 E 33rd Street , Vancouver, WA 98661, Vancouver

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Multi-Family
Property Type
3,120
Bldg Sq Ft
4
Units
4.62%
Cap Rate
1972
Year Built

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
Listed By
Fred Sanchez
Redfin

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