4815 NE Hazel Dell Avenue, Vancouver, WA 98663
- $1,100,000
- 5,595
- SqFt
Listing courtesy of TEC Real Estate Inc..
- List Price
- $1,100,000
- Status
- ACTIVE
- MLS#
- 2575909
- Days on Market
- 0
- Style
- 55 - 5-9 Units
- Finished SqFt
- 5,595
- Area Total SqFt
- 5595
- Annual Tax Ammount
- 6571
- Lot Size (sq ft)
- 21,780
- Sewer
- Sewer Connected
Property Description
Rare 6-unit investment opportunity in Vancouver. (4815 - Cottage, 4817 - House & 4819 - 4 Plex) Property includes a two-story four-plex (4819 Hazel Dell Ave), a detached cottage (4815 Hazel Dell Ave) with carport, and a two-story home (4817 Hazel Dell Ave) with an unfinished 1,127 sq ft basement (not counted in total square footage). Two of the units in the 4-plex and the cottage have been updated. All units are occupied with many of the rents well below market, offering significant upside through renovation or repositioning. One unit has been updated; others are in serviceable condition. Owner pays electric for Unit #2, which also supplies hot water to all units. Located on a ½-acre R-18 zoned lot just off Main Street with excellent access to amenities. Strong maintenance and rental history. May qualify for Clark County’s affordable housing rehab tax relief program (up to 7 years of exemption—buyer to verify). Sold AS-IS.
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Additional Information
- List Date
- 2026-08-30 02:43:11
- Community
- Vancouver
- Net Operating Income
- $58,350
- Gross Adjusted Income
- $81,120
- Gross Scheduled Income
- $81,120
- Total Monthly Income
- $6,760
- Insurance Expenses
- $4,862
- Water/Sewer/Garbage Expenses
- $6,497
- Gross Rent Multiplier
- 13.56
- Total Expenses
- $22,769
- Cap Rate
- 5.3
- Total Number of Units
- 6
- Unit Name
- 4815
- Potential Terms
- Cash, Conventional
- Year Built
- 1900
- View
- Territorial
- Roof
- Composition
- Electric Expenses
- 924
- Other Expenses
- 3915
- Energy Source
- Electric
- School District
- Vancouver
- Elementary School
- Lincoln Elementary
- Middle School
- Discovery Middle
- High School
- Hudson's Bay High
- Total Monthly Income
- $6,760
- Gross Scheduled Income
- $81,120
- Gross Adjusted Income
- $81,120
- Tax Year
- 2025
- Insurance Expense
- $4,862
- W/S/G Expenses
- $6,497
- Total Expenses
- $22,769
- Net Operating Income
- $58,350
- Gross Rent Multiplier
- 13.56
- Cap Rate
- 5.3
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.