Battle Ground Multifamily Investment
908 NE 1ST Ave Battle Ground, WA 98604
908 NE 1ST Ave, Battle Ground, WA, 98604
$774,900
For Sale
$774,900
MULTI_FAMILY - BattleGround, WA
Property Size2,736 SF
Lot Size0.36 Acres
Price / SF$283.22
Days on Market99
Property Features for 908 NE 1ST Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R7
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 1
- Standard status
- Active
- APN
- 091052030
- Size
- 2,736 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Description
- ERICKSONS SUB-DIV ADJ LOT 15 G317 FOR ASSESSOR USE ONLY BEGINNING
- Tax Annual Amount
- 3600
Building Details
- Year built
- 1996
- Floors in Building
- 1
- Number of units
- 4
- Roof type
- Composition
Listing agency
Windermere Northwest Living
(360) 993-2222
Listed by
Stefanie Foster
(360) 903-7200
Added: Apr 15 Updated: Jul 22 at 5:03AM Checked: Jul 22 at 10:06PM
MLS# 283597269
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 multifamily property in Battle Ground, Washington, features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Each unit is designed for comfort and convenience. The units include laundry hook-ups, mini-split or wall heat, carpeted bedrooms and living areas, and linoleum flooring in the kitchens and bathrooms. The property provides 6 parking spots, backyards or side yards for most units, and detached storage sheds for some units. It is located a short walk from Main Street in Battle Ground. The property is situated on a 0.36-acre lot. The building size is 2736 square feet. All units are currently rented with long-term tenants.
Key Highlights
- 1996‑built property with four units: two 2 bed/1 bath and two 1 bed/1 bath units
- All units are currently rented with long‑time tenants; interior inspection required for offers
- Each unit includes laundry hookups and either mini split or wall heat
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 | $54.2k | $19.80 |
| − Vacancy | −$3.3k | −$1.19 |
| EGI | $50.9k | $18.61 |
| − OpEx | −$15.3k | −$5.58 |
| NOI | $35.6k | $13.03 |
2,736 SF · lease $19.80/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$509.2K
$445.6K – $594.1K
NOI $35,646 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$475.4K
$416.0K – $554.7K
NOI $33,280 @ 7.0% cap · market cap 4.29%
Theoretical Best
Specialty Retail
$666.6K
$583.2K – $777.7K
NOI $46,659 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Multifamily property with four units in Battle Ground, Washington.
Where is this quadplex located?
The property is located at 908 NE 1ST Ave Battle Ground, WA.
What is the asking price?
The asking price for this property is $774,900.
What are key features of this property?
This property features: 1996‑built property with four units: two 2 bed/1 bath and two 1 bed/1 bath units; All units are currently rented with long‑time tenants; interior inspection required for offers; Each unit includes laundry hookups and either mini split or wall heat
