4811 NE 37TH CT, Vancouver, WA 98661

$1,360,000
4,952
SqFt

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List Price
$1,360,000
Days on Market
1
MLS#
403712133
Property Type
Multifamily
Sqft. of Residence
4,952
Lot Size
7, 000 to 9, 999 SqFt
Region
Vancouver: E Hazel Dell / Minnehaha
Status
ACTIVE

Property Description

Built in 2023, this fully rented triplex delivers $7,545 in monthly income the moment you close. Its Vancouver location does much of the leasing work for you — quick, convenient access to both SR-500 and I-5 keeps commute times short in every direction, a major draw for tenants and a steady driver of long-term rental demand. Step inside any of the three units and it's clear why they lease so well. A wide-open floor plan seamlessly connects the kitchen and living room, luxury vinyl plank flooring spans the main level, quartz countertops and stainless-steel appliances lend a polished, contemporary feel, and every home comes fully equipped with an in-unit washer and dryer, refrigerator, and blinds throughout. Every unit enjoys its own private backyard, a two-car garage, and dedicated driveway parking. The HOA covers routine roof and gutter cleaning. What makes this opportunity truly rare is that this triplex was originally platted as three individual tax parcels before being reconfigured into one. That means the upside isn't limited to today's rent roll — it extends to tomorrow's optionality. Once the property is owned free of a mortgage, an owner can file a lot reconfiguration request (GIS form) to restore the three separate parcels, provided property taxes are current. In other words, this isn't just a triplex — it's three individually platted homes, income-producing today, with a clear path to standalone value tomorrow. For investors who want immediate cash flow and a long-term strategic edge, this is a rare find in today's Vancouver market. Buyer to confirm all information with the applicable jurisdiction.

Additional Information

Tax Amount
$12,053
Year Built
2023
High School
Fort Vancouver
Elementary School
Truman
Middle School
Gaiser
Garage Spaces
6
Acres
0.17
Living Area
4,952
Stories
2
Terms
Cash, Conventional
Cooling Description
Heat Pump, Mini Split
Fuel Description
Electricity
Heating Description
Heat Pump, Mini Split
Hoa Rent Includes
None
Hot Water Description
Electricity
Exterior Description
Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Seasonal
Parking
Driveway, Garage
Parking Description
Driveway, Garage
Covenants/Restrictions
Yes
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
3
Unit Type One Beds Total
3
Unit Type One Rent
2500
Unit Type One Sq Ft
1680
Unit Type One Units Total
1
Unit Type Two Baths Total
3
Unit Type Two Beds Total
3
Unit Type Two Units Total
1
Unit Type Three Baths Total
3
Unit Type Three Beds Total
3
Unit Type Three Rent
2500
Unit Type Three Sq Ft
1592
Unit Type Three Units Total
1

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Realty One Group Prestige.

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