Four-Unit Duplex
New
For Sale
$999,000
3400 KAUFFMAN Ave, Vancouver, WA 98660
MultiFamily, Vancouver, WA
Property Size3,512 SF
Lot Size0.23 Acres
Price / SF$284.45
Days on Market6
Property Features for 3400 KAUFFMAN Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
msn
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 7, Bedroom 6, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 8, Bathroom 2, Bathroom 3
Subdivision
LINCOLN
Elementary school
Lincoln
Middle school
Discovery
High school
Hudsons Bay
Directions
39th - south on Kauffman
Standard status
Active
APN
001058000
Size
3,512 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
#158 SPARKS & HIDDEN DLC .23A FOR ASSESSOR USE ONLY PTN SW 14 OF
Tax Annual Amount
9938
Legal Description
#158 SPARKS & HIDDEN DLC .23A FOR ASSESSOR USE ONLY PTN SW 14 OF
Utilities
Heating system
Baseboard
Building Details
Year built
1966
Floors in Building
1
Number of units
4
Roof type
Composition
Listing Agency:
Keller Williams Realty
(360) 693-3336
Listed By:
Shelly Schmitz
(360) 903-9420
Added: Oct 9
Changed: Oct 14
Last Checked: Oct 14 at 2:06PM
MLS# 428492572
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.
The property consists of two duplex buildings with a combined 3,512 square feet on a 0.23-acre parcel. Each of the four units has two bedrooms and one bathroom; all are occupied. The buildings date to 1966 and have baseboard heating and composition roofs. Professional management is in place.
Located in Vancouver, the property sits between the Lincoln and Carter Park neighborhoods, half a block north of Carter Park. Zoning is listed as msn.
Located in Vancouver, the property sits between the Lincoln and Carter Park neighborhoods, half a block north of Carter Park. Zoning is listed as msn.
Key Highlights
- Two duplex buildings comprise four occupied units
- Each unit has two bedrooms and one bathroom
- 3,512 square feet on 0.23 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,926
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,520
$938.5K
Cap Rate 7%
$670,371
$670.4K
Cap Rate 9%
$521,400
$521.4K
Market Conditions
NOI Build-Up for 3,512 SF
Gross rent
$70.4K $20.04/SF
− Vacancy
−$3.3K −$0.95/SF
EGI
$67.0K $19.09/SF
− OpEx
−$20.1K −$5.73/SF
NOI
$46.9K $13.36/SF
Area
Vancouver, WA
Vacancy
4.75%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,520
Cap Rate 7%
$670,371
Cap Rate 9%
$521,400
Alternative Uses
Best Use
Multifamily LT 5
$670.4K
$586.6K – $782.1K
NOI $46,926 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$582.0K
$509.2K – $679.0K
NOI $40,737 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$859.3K
$751.9K – $1.00M
NOI $60,150 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
Explore this area
Business Placement
Demographics for 98660, WA
12,735
Population
7,048
Households
1.8
Avg Household Size
39
Median Age
38%
College-Educated
91%
High-School Grad
15.3 sq mi
ZIP Area
832
Density / Sq Mi
$65,147
Median Household Income
$51,895
Median Earnings
$1,408
Median Rent
$444,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - All four residences are occupied and arranged with two bedrooms and one bathroom each.
Where is this duplex located?
The property is located at 3400 KAUFFMAN Ave Vancouver, WA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Two duplex buildings comprise four occupied units; Each unit has two bedrooms and one bathroom; 3,512 square feet on 0.23 acres
