Well-Maintained Triplex with
3316 GRAND Blvd Vancouver, WA 98660
New
3316 GRAND Blvd, Vancouver, WA, 98660
$675,000
For Sale
$675,000
MULTI_FAMILY - Vancouver, WA
Property Size2,850 SF
Lot Size0.14 Acres
Price / SF$236.84
Days on Market7
Property Features for 3316 GRAND Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-18
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 3, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6
- Standard status
- Active
- APN
- 026985000
- Size
- 2,850 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Description
- MINNEHAHA PARK ADDN LOT 5 BLK 13 FOR ASSESSOR USE ONLY MINNEHAHA
- Tax Annual Amount
- 5032
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1972
- Floors in Building
- 2
- Number of units
- 6
- Roof type
- Composition
Listing agency
Coldwell Banker United Brokers
(360) 687-3183
Listed by
Matthew Bailey
(503) 810-1769
Added: Jul 16 Updated: Jul 22 at 5:53PM Checked: Jul 22 at 7:06PM
MLS# 719704719
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 well-maintained triplex includes three separate units, each offering two bedrooms and one bathroom, along with a private fenced yard. The property has newer flooring, and all units are currently occupied.
The address is 3316 GRAND Blvd in Vancouver, Washington, and the property is described as being near Minnehaha Park.
With zoning noted as R-18 and a listed lot size of 0.14 acres, the property presents a residential income configuration with all units under long-term occupancy by the same tenants for 3+ years.
The address is 3316 GRAND Blvd in Vancouver, Washington, and the property is described as being near Minnehaha Park.
With zoning noted as R-18 and a listed lot size of 0.14 acres, the property presents a residential income configuration with all units under long-term occupancy by the same tenants for 3+ years.
Key Highlights
- Tri‑plex investment property built in 1972
- All units have 2 bedrooms and 1 bathroom
- Each unit features a private fenced yard
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 | $57.1k | $20.04 |
| − Vacancy | −$2.7k | −$0.95 |
| EGI | $54.4k | $19.09 |
| − OpEx | −$16.3k | −$5.73 |
| NOI | $38.1k | $13.36 |
2,850 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$544.0K
$476.0K – $634.7K
NOI $38,081 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$472.3K
$413.2K – $551.0K
NOI $33,059 @ 7.0% cap · market cap 4.90%
Theoretical Best
Office A
$697.3K
$610.2K – $813.5K
NOI $48,812 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Triplex offers three 2-bedroom, 1-bath units, each with a private fenced yard.
Where is this triplex located?
The property is located at 3316 GRAND Blvd Vancouver, WA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Tri‑plex investment property built in 1972; All units have 2 bedrooms and 1 bathroom; Each unit features a private fenced yard
