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1905 Norris Rd
Vancouver, WA 98661

DULPLEX 1905 NORRIS RD · Multifamily Property For Sale · 2 Units

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Executive Summary

Fully occupied.NEW siding. current rent ($1695+$1400)/m; Each unit has a garage and two parking spots. One unit is a 3 bedroom unit w/ an attached 1 car garage, & one unit is a 2 bedroom unit w/ a detached 1 car garage. RARE OPPORTUNITY to own a 4 plex- purchase together, the duplex next door at 1901 Norris Rd. 1907 occupied. The seller prefers to sell with a duplex next door at 1901 Norris Rd. MLS#: 24063907;
NO HOA.

PROPERTY FACTS

Price Per Unit	$249,900	Building Class	C
Sale Type	Investment	Lot Size	0.12 AC
Cap Rate	5.94%	Building Size	1,550 SF
Sale Conditions	1031 Exchange	Average Occupancy	100%
No. Units	2	No. Stories	1
Property Type	Multifamily	Year Built/Renovated	1976/2018
Property Subtype	Apartment Multifamily Dormitory	Parking Ratio	1.29/1,000 SF
Apartment Style	Single Family Home

Price Per Unit	$249,900
Sale Type	Investment
Cap Rate	5.94%
Sale Conditions	1031 Exchange
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Single Family Home
Building Class	C
Lot Size	0.12 AC
Building Size	1,550 SF
Average Occupancy	100%
No. Stories	1
Year Built/Renovated	1976/2018
Parking Ratio	1.29/1,000 SF

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
3+1	1	$1,695	775
2+1	1	$1,400	775

zoning

Zoning Code	R-18 (Higher Density Residential (R-18))
R-18 (Higher Density Residential (R-18))

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Listing ID: 32112035
Date on Market: 6/12/2024
Last Updated:
Address: 1905 Norris Rd, Vancouver, WA 98661

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