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    Turn-Key 4-Plex Residential Property Title is generated by Realmo AI

    1715 SE 9TH Ave, Camas, WA 98607

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    For Sale
    $1,250,000

    MULTI_FAMILY - Camas, WA

    Property size:
    3,286 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $380/SF
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 12:06 pm

    Property Features for 1715 SE 9TH Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    LI
    Bedrooms
    8
    Bathrooms
    4
    Rooms
    Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 8, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 2, Bathroom 3
    Standard status
    Active
    APN
    087129000
    Size
    3,286 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Description
    ORCHARD HOME WASHOUGAL #8 LOT 4 .17A FOR ASSESSOR USE ONLY BAAP 5
    Tax Annual Amount
    6670

    Building Details

    Year built
    1977
    Floors in Building
    2
    Number of units
    10
    Roof type
    Composition

    We can help!

    Listing Contact
    Taylor Anderson

    Listing agent Taylor Anderson

    Listing office Windermere Northwest Living 1404 NE 134th St Ste 100, Vancouver, WA

    Listing date Jun 3, 2026

    MLS# 458299304 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 4‑plex with four units, each unit offers 2 bedrooms and 1 bathroom
    • Built in 1977 with a composition roof
    • Shared community laundry facility serving all four units
    • Ample on‑site parking for residents
    • Located in the Camas School District, just minutes from downtown Camas and Highway 14
    • Washougal Waterfront Park is about a 4‑minute drive away

    Overview

    This turn-key quadplex features four spacious residential units, each configured with 2 bedrooms and 1 bathroom, along with a central living area. The property includes ample on-site parking for residents and a shared community laundry facility serving all four units. The lot is listed at 0.17 acres, with a total property size of 3,286 square feet.

    Located at 1715 SE 9TH Ave in Camas, Washington, the building is described as being just minutes from downtown Camas, Highway 14, shopping, dining, and local amenities. Washougal Waterfront Park is referenced as approximately a 4-minute drive, and the Columbia River Gorge National Scenic Area is also noted as a nearby outdoor recreation option. The property is listed with LI zoning.

    For buyers seeking a multi-family asset for long-term residential use, the consistent 2BR/1BA unit mix and shared laundry setup are practical for everyday operations. On-site parking supports resident convenience, while the turn-key presentation may appeal to investors or owner-operators looking for a ready-to-manage four-plex configuration aligned with the Camas School District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Camas
    County
    Clark
    State
    Washington
    Longitude
    -122.391079
    Latitude
    45.58041

    Nearby Similar for Sale

    • $569,990
      1,891 SF

      Camas Duplex Investment Opportunity

      Well-maintained duplex in Camas with strong rental history.
      922 NW GREELEY St, Camas, WA 98607
      View Details
    • $6,000,000
      38,850 SF

      Camas Shopping Center For Sale

      38,850 SF shopping center on 2.44 acres in Camas, WA.
      3504-3536 NE 3rd Avenue, Camas, WA 98607
      View Details

    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property with 2BR/1BA layouts, on-site parking, and shared laundry in Camas.
    Where is this quadplex located?
    The property is located at 1715 SE 9TH Ave Camas, WA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 4‑plex with four units, each unit offers 2 bedrooms and 1 bathroom; Built in 1977 with a composition roof; Shared community laundry facility serving all four units
    (360) 910-1979
    We can help!
    Listing Contact
    Taylor Anderson
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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