Six-Unit Apartment
For Sale
$1,200,000
908 NE 1ST Ave, Battle Ground, WA 98604
MultiFamily, BattleGround, WA
Property Size4,372 SF
Lot Size0.54 Acres
Price / SF$274.47
Days on Market271
Property Features for 908 NE 1ST Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R7
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 8, Bathroom 5, Bedroom 7, Bathroom 2, Bedroom 5
Subdivision
ERICKSONS SUB-DIVISION
Elementary school
Captain Strong
Middle school
Chief Umtuch
High school
Battle Ground
Directions
W Main St and N Parkway Ave to NE 1st Ave
Standard status
Active
APN
091052030
Size
4,372 SF
Lot size
0.54 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
ERICKSONS SUB-DIV LOT 15 FOR ASSESSOR USE ONLY ERICKSONS SUB-DIV
Tax Annual Amount
3600
Legal Description
ERICKSONS SUB-DIV LOT 15 FOR ASSESSOR USE ONLY ERICKSONS SUB-DIV
Amenities
laundry hook ups
storage sheds
yards
Building Details
Year built
1996
Floors in Building
1
Number of units
6
Roof type
Composition
Buildings
3
Listing Agency:
Windermere Northwest Living · Windermere Real Estate
(360) 993-2222
Listed By:
Stefanie Foster
(360) 903-7200
Added: Jan 28
Changed: Oct 25
Last Checked: Oct 26 at 6:06AM
MLS# 423211847
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.
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Investment Insights
Based on property information with market context.
This six-unit apartment property consists of three duplex buildings situated on two separate tax lots. The unit mix includes four two-bedroom, one-bath residences and two one-bedroom, one-bath residences, totaling 4,372 square feet. Each unit includes laundry hookups, with heating provided by mini-split systems or wall units. Carpet is installed in bedrooms and living areas, while kitchens and bathrooms have linoleum flooring.
The 0.54-acre property provides 10 parking spots, along with backyards or side yards for most residences. Detached storage sheds serve some units. Built in 1996, the property is zoned R7 and is located at 908 NE 1st Ave in BattleGround, Washington, within a short walk of Main Street. All units are currently rented, with long-time tenants in place. Offers are subject to interior inspection.
The 0.54-acre property provides 10 parking spots, along with backyards or side yards for most residences. Detached storage sheds serve some units. Built in 1996, the property is zoned R7 and is located at 908 NE 1st Ave in BattleGround, Washington, within a short walk of Main Street. All units are currently rented, with long-time tenants in place. Offers are subject to interior inspection.
Key Highlights
- 6 units across 3 duplexes on 2 separate tax lots
- Unit mix includes four 2 bed/1 bath units and two 1 bed/1 bath units
- 4,372 square feet on 0.54 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,180
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,063,600
$1.1M
Cap Rate 7%
$759,714
$759.7K
Cap Rate 9%
$590,889
$590.9K
Market Conditions
NOI Build-Up for 4,372 SF
Gross rent
$101.8K $23.28/SF
− Vacancy
−$5.1K −$1.16/SF
EGI
$96.7K $22.12/SF
− OpEx
−$43.5K −$9.95/SF
NOI
$53.2K $12.16/SF
Area
Clark County, WA
Vacancy
5.00%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,063,600
Cap Rate 7%
$759,714
Cap Rate 9%
$590,889
Alternative Uses
Best Use
Apartment 5plus
$759.7K
$664.8K – $886.3K
NOI $53,180 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.07M
$932.0K – $1.24M
NOI $74,559 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
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Business Placement
Demographics for 98604, WA
38,245
Population
13,557
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
72.1 sq mi
ZIP Area
530
Density / Sq Mi
$108,616
Median Household Income
$58,693
Median Earnings
$1,492
Median Rent
$543,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Three duplex buildings comprise a fully occupied residential rental property with varied unit layouts and individual laundry hookups.
Where is this apartment building located?
The property is located at 908 NE 1ST Ave Battle Ground, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6 units across 3 duplexes on 2 separate tax lots; Unit mix includes four 2 bed/1 bath units and two 1 bed/1 bath units; 4,372 square feet on 0.54 acres
