Two-Story
For Sale
$1,275,000
3916 G St, Vancouver, WA 98663
New multifamily construction combines private bedroom suites, central HVAC, and appliances across four residential units.
Property Size4,800 SF
Price / SF$265.63
Days on Market11
Property Features for 3916 G St
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
2026
Listing Agency:
Premiere Property Group, LLC
(360) 702-0700
Listed By:
Isaac Kieffer
Source:
Rosecityrealtygroup
Added: Aug 19
Changed: Aug 28
Last Checked: Aug 28 at 12:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premiere Property Group, LLC
Investment Insights
Based on property information with market context.
Located at 3916 G St in Vancouver, Washington, this 4,800-square-foot quadplex contains four residential units. Each unit is arranged across two levels, with a main living area and a half bathroom on the lower floor. Two bedroom suites are located upstairs, and each includes a full private bathroom.
The property includes central heating and air conditioning in every unit, along with a complete appliance package. New construction and modern building systems are part of the offering, with estimated completion in March or April 2027. The configuration provides four separately arranged residences within one multifamily property.
The property includes central heating and air conditioning in every unit, along with a complete appliance package. New construction and modern building systems are part of the offering, with estimated completion in March or April 2027. The configuration provides four separately arranged residences within one multifamily property.
Key Highlights
- Four‑unit quadplex at 3916 G St, Vancouver, WA 98663
- 4,800 SF multifamily property
- Each unit features a two‑story layout with a main living area and half bath
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,136
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,282,720
$1.3M
Cap Rate 7%
$916,229
$916.2K
Cap Rate 9%
$712,622
$712.6K
Market Conditions
NOI Build-Up for 4,800 SF
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.
Gross rent
$96.2K $20.04/SF
− Vacancy
−$4.6K −$0.95/SF
EGI
$91.6K $19.09/SF
− OpEx
−$27.5K −$5.73/SF
NOI
$64.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,282,720
Cap Rate 7%
$916,229
Cap Rate 9%
$712,622
Alternative Uses
Best Use
Multifamily LT 5
$916.2K
$801.7K – $1.07M
NOI $64,136 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$795.4K
$696.0K – $928.0K
NOI $55,678 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,210 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
Demographics for 98663, WA
15,188
Population
6,753
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,704
Density / Sq Mi
$84,590
Median Household Income
$47,747
Median Earnings
$1,538
Median Rent
$430,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - New multifamily construction combines private bedroom suites, central HVAC, and appliances across four residential units.
Where is this quadplex located?
The property is located at 3916 G St Vancouver, WA.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Four‑unit quadplex at 3916 G St, Vancouver, WA 98663; 4,800 SF multifamily property; Each unit features a two‑story layout with a main living area and half bath
