3334 Kauffman Ave Vancouver, WA 98660

Nestled in Vancouver’s desirable Lincoln neighborhood, this 1985-built four-plex offers an ideal balance of low operational friction and premium tenant demand. This attractive four-unit townhouse-style complex offers approximately ±4,064 SF of living space with spacious 2-bedroom, 1.5-bath townhouse units, averaging over 1,000 SF each, designed for comfortable everyday living. Residents enjoy functional floor plans, large bedrooms, private patios, covered parking with additional storage units, full kitchens, and washer/dryer hookups. Units feature cozy wood-burning fireplaces and updated finishes, including newer flooring, creating strong tenant appeal. Situated on a generous lot with easy access to I-5, downtown Vancouver, shopping, dining, parks, and public transit, this property presents an opportunity for investors seeking stable rental income in a desirable and centrally located area. The asset's strategic positioning allows investors to capture downtown-level rental demand without the premium downtown acquisition price. Located less than a mile from the vibrant Uptown Village corridor, tenants enjoy excellent neighborhood walkability with a Safeway blocks away and New Seasons Market nearby. Positioned in a quiet R-18 zone, the property seamlessly blends suburban peace with quick access to Interstate 5, local employment hubs, and the booming Vancouver Waterfront. Constructed in 1985, this asset avoids the maintenance liabilities of older vintage buildings while remaining highly cost-effective to operate. Units are separately metered for electricity, shifting heating and utility expenses directly to residents and insulating your cash flow. With immediate submarket rents for this specific layout commanding premium rates, this property presents a highly predictable path to maximizing your cap rate through light cosmetic upgrades on natural turns.