Turn-Key Four-Plex
1715 SE 9TH Ave Camas, WA 98607
1715 SE 9TH Ave, Camas, WA, 98607
$1,125,000
For Sale
$1,125,000
MULTI_FAMILY - Camas, WA
Property Size3,286 SF
Lot Size0.17 Acres
Price / SF$342.36
Days on Market49
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 8, Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 6, Bedroom 1
- 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
Listing agency
Windermere Northwest Living
(360) 993-2222
Listed by
Taylor Anderson · License #120507
(360) 910-1979
Added: Jun 3 Updated: Jul 14 at 6:50PM Checked: Jul 21 at 1:06PM
MLS# 458299304
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 turn-key four-plex investment includes four spacious units, each featuring two bedrooms and one bathroom with a central living area for everyday living. The property also offers a shared community laundry facility serving all four units, along with ample on-site parking for residents’ convenience.
Located in Camas, the property sits within LI zoning. The area provides quick access to downtown Camas and Highway 14, with nearby shopping, dining, and local amenities. Outdoor recreation is also within reach, including Washougal Waterfront Park (approximately a 4-minute drive) and the Columbia River Gorge National Scenic Area.
Located in Camas, the property sits within LI zoning. The area provides quick access to downtown Camas and Highway 14, with nearby shopping, dining, and local amenities. Outdoor recreation is also within reach, including Washougal Waterfront Park (approximately a 4-minute drive) and the Columbia River Gorge National Scenic Area.
Key Highlights
- 1977‑built 4‑plex investment property with four units
- Each unit features 2 bedrooms and 1 bathroom
- Shared community laundry facility serving all four units
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 | $65.1k | $19.80 |
| − Vacancy | −$3.9k | −$1.19 |
| EGI | $61.2k | $18.61 |
| − OpEx | −$18.3k | −$5.58 |
| NOI | $42.8k | $13.03 |
3,286 SF · lease $19.80/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$611.6K
$535.1K – $713.5K
NOI $42,811 @ 7.0% cap · market cap 3.81%
Second Best
Apartment 5plus
$571.0K
$499.6K – $666.2K
NOI $39,970 @ 7.0% cap · market cap 3.55%
Theoretical Best
Specialty Retail
$800.6K
$700.5K – $934.0K
NOI $56,039 @ 7.0% cap · market cap 4.98%
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 - Four 2-bedroom, 1-bath units with shared laundry and ample on-site parking.
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 $1,125,000.
What are key features of this property?
This property features: 1977‑built 4‑plex investment property with four units; Each unit features 2 bedrooms and 1 bathroom; Shared community laundry facility serving all four units
