Listing provided courtesy of Windermere Northwest Living- MLS# 259881625
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Request Info4337 NE 87TH STVancouver, WA 98665
Multi-Family · 3,305 Sq. ft. | 0.06 Acres$800,000
Active
4337 NE 87TH ST Overview
- Time on Site:
- 40 days
- Visits:
- 0
Turn-key investment property with 4.9% CAP rate. Both units occupied with leases running through 2027. Each unit has 3 bedrooms and 2.5 bathrooms with a 2 car garage. Quality finishes including quartz counters in the kitchen and primary bath, stainless steel appliances, and durable laminate floors. Both units are currently leased. Great Central Vancouver location near Costco, Luke Jensen Park, with easy access to Padden Parkway, I-5, and I-205. Financials available upon request. Photos were taken prior to tenants occupancy
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4337 NE 87TH ST Facts & Features
- Type Multi-Family
- Sq. ft. 3,305
- Price/Sq.ft. $242
- Lot 0.06 Acres
Details
General
School Information
- Elementary School: Hazel Dell
- Middle Or Junior School: Gaiser
- High School: Skyview
Income/Expenses
- Gross Income: 56427.0
- Net Operating Income: 39481.0
- Operating Expense: 16945.0
Building Information
- Year Built: 2019
Location/Region
- Country: US
- County Or Parish: Clark
- MLS Area Major: 42 - Vancouver: S Salmon Creek
Rent/Lease Information
- Rent Includes: None
Tax Information
- Tax Annual Amount: 4048.7
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional
- Parcel Number: 986047319
- Property Condition: Existing
- Property Type: Multi Family
- Zoning: R-18
Interior
Parking Information
- Garage Spaces: 4.0
Building Interior
- Building Area Total: 3305.0
General Information
- Basement: Crawl Space
- Cooling: Central Air
- Foundation Details: Concrete Perimeter
- Heating: Forced Air
- Stories: 2
Exterior
Parking Information
- Parking Features: Driveway,Garage
Lot Information
- Lot Features: Cul-de-sac
- Lot Size Square Feet: 2613.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 2
- Sewer: Public Sewer
4337 NE 87TH ST Neighborhood
Community
98665 (Vancouver) Demographics
39
Median Age
3,365
Population Density (per sq. mile)
41%
College Educated
$69,524
Estimated Median Income
6,599
Estimated Total Home Owners
3,967
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.4337 NE 87TH ST Monthly Cost
4337 NE 87TH ST Market Data
Based on the last 30 days in this zip code
$512,442
Average List Price
$269
Average Price per Square Foot
35
Properties Sold
63
Average Days on Market
148
Properties for Sale
4337 NE 87TH ST History
| Date | Value | Agent |
|---|---|---|
| 5/21/2026Source: NWMLS | May 21, 2026 |
|
| 5/21/2026Source: Regional MLS | May 21, 2026 |