Renovated Fourplex with Private
2211 Y St Vancouver, WA 98661
2211 Y St, Vancouver, WA, 98661
$1,099,000
For Sale
$1,099,000
MULTI_FAMILY - Vancouver, WA
Property Size3,504 SF
Lot Size0.27 Acres
Price / SF$313.64
Days on Market70
Property Features for 2211 Y St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-18
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 7, Bedroom 6, Bedroom 8, Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 3
- Standard status
- Active
- APN
- 030165010
- Size
- 3,504 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Description
- LAWN HAVEN LOT 5 BLK 1 FOR ASSESSOR USE ONLY LAWN HAVEN LOT 5 BLK
- Tax Annual Amount
- 6985
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1966
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Metal
Listing agency
Keller Williams Realty
(360) 693-3336
Listed by
Jeff Wunder · License #104052
(360) 931-1178
Added: May 14 Updated: Jul 22 at 5:03AM Checked: Jul 22 at 7:06PM
MLS# 219167316
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.
Investment Insights
Based on property information with market context.
This completely renovated fourplex consists of four residential units configured to include each unit’s own yard and patio. Improvements noted include HardiPlank siding, a metal roof, newer luxury vinyl plank floors, vinyl windows, and stainless steel appliances. Some plumbing has also been updated. The property provides four covered parking spaces and additional parking, along with a private storage unit for each resident.
The building sits on a 0.27-acre supersize lot in close-in Vancouver, Washington. The listing notes the lot is large enough that additional units or tiny homes may be possible depending on what the city requires. Please do not disturb tenants, and there is no sign on the property.
For buyers seeking a small-scale, turnkey residential income property, this asset combines recent renovations with unit-level outdoor space, covered parking, and individual storage. The fourplex layout and the noted rarity of vacancy support a practical, low-management approach for an owner-operator or investor, while the lot size may offer flexibility for future development subject to city approval under the R-18 zoning designation.
The building sits on a 0.27-acre supersize lot in close-in Vancouver, Washington. The listing notes the lot is large enough that additional units or tiny homes may be possible depending on what the city requires. Please do not disturb tenants, and there is no sign on the property.
For buyers seeking a small-scale, turnkey residential income property, this asset combines recent renovations with unit-level outdoor space, covered parking, and individual storage. The fourplex layout and the noted rarity of vacancy support a practical, low-management approach for an owner-operator or investor, while the lot size may offer flexibility for future development subject to city approval under the R-18 zoning designation.
Key Highlights
- Completely renovated four‑plex built in 1966 with baseboard heat
- HardiPlank siding and metal roof
- Each unit has its own yard and patio
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.2k | $20.04 |
| − Vacancy | −$3.3k | −$0.95 |
| EGI | $66.9k | $19.09 |
| − OpEx | −$20.1k | −$5.73 |
| NOI | $46.8k | $13.36 |
3,504 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$668.8K
$585.2K – $780.3K
NOI $46,819 @ 7.0% cap · market cap 4.26%
Second Best
Apartment 5plus
$580.6K
$508.1K – $677.4K
NOI $40,645 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$857.3K
$750.2K – $1.00M
NOI $60,013 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Completely renovated fourplex offers in-unit yards and patios plus covered parking for each unit.
Where is this quadplex located?
The property is located at 2211 Y St Vancouver, WA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Completely renovated four‑plex built in 1966 with baseboard heat; HardiPlank siding and metal roof; Each unit has its own yard and patio
