Three-Unit Residential
3316 GRAND Blvd Vancouver, WA 98661
New
3316 GRAND Blvd, Vancouver, WA, 98661
$675,000
For Sale
$675,000
MULTI_FAMILY - Vancouver, WA
Property Size2,850 SF
Lot Size0.14 Acres
Price / SF$236.84
Days on Market2
Property Features for 3316 GRAND Blvd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-18
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 4, Bedroom 1
- 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
1710 W Main Street Ste 110, Battle Ground, WA
Listed by
Matthew Bailey
(503) 810-1769
Added: Jul 16 Checked: Jul 17 at 10:06 am
MLS# 719704719
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.
Investment Insights
Based on property information with market context.
This well-cared-for tri-plex offers three separate units, each with two bedrooms and one bathroom. Each unit includes a private fenced yard, and the property has newer flooring. All units are currently occupied by the same tenants for 3+ years.
The property is located at 3316 Grand Blvd in Vancouver, WA (Clark County), near Minnehaha Park. The site is zoned R-18.
For investors seeking a stabilized, residential income property with consistent tenancy, this three-unit building presents a straightforward operating setup with comparable unit layouts across all three homes.
The property is located at 3316 Grand Blvd in Vancouver, WA (Clark County), near Minnehaha Park. The site is zoned R-18.
For investors seeking a stabilized, residential income property with consistent tenancy, this three-unit building presents a straightforward operating setup with comparable unit layouts across all three homes.
Key Highlights
- 1972‑built tri‑plex near Minnehaha Park
- All units feature 2 bedrooms and 1 bathroom
- Each unit includes a private fenced yard
Local Financial Insights For Apartment 5plus
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 | $63.3k | $22.20 |
| − Vacancy | −$3.2k | −$1.11 |
| EGI | $60.1k | $21.09 |
| − OpEx | −$27.0k | −$9.49 |
| NOI | $33.1k | $11.60 |
2,850 SF · lease $22.20/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$472.3K
$413.2K – $551.0K
NOI $33,059 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
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?
Apartment building - Well-maintained three-unit building with 2-bed/1-bath layouts and private fenced yards for each unit.
Where is this apartment building 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: 1972‑built tri‑plex near Minnehaha Park; All units feature 2 bedrooms and 1 bathroom; Each unit includes a private fenced yard
