$799,900

6 Beds 6 Baths 3,816 SQFT 0.23 Acres
Type: Multi-Family

14017 NE 14th Circle
Vancouver, WA 98684

MLS#: 2520983
Presented by: Southwest Washington Realty and NWMLS

Property Description

 

Positioned in a high-demand rental corridor, this well-maintained Tri-Plex presents a compelling opportunity for investors seeking dependable cash flow and long-term appreciation. Each unit features practical, tenant-friendly layouts with in-unit washers and dryers, attached garages, and generous living spaces designed to support strong occupancy and tenant retention. The property benefits from abundant natural light, private living areas, and a large shared backyard—amenities that consistently appeal to long-term renters. Pride of ownership is evident throughout, with ongoing maintenance and a proven rental history contributing to operational stability and reduced turnover risk. Strategically located just minutes from shopping, dining, schools, and quick access to I-205, this asset sits in a prime commuter-friendly location that supports continued rental demand. Whether you're adding to an established portfolio or entering the multi-family space, this Tri-Plex offers three income streams on a single parcel, making it an efficient and scalable investment. A solid blend of location, condition, and income potential—ideal for investors focused on both immediate returns and future growth in the expanding Vancouver market.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate5.84
Carport Spaces0
Carport Y/NNo
CityVancouver
CoolingNone
CountyClark
DirectionsFrom the North on I-5 Take WA500 East, Take the NE 112th Exit Go East, Left on NE18th, Right on 141st Ave, Left onto NE 14th Circle.
Electric Expense0
Elementary SchoolHearthwood Elem
Fuel Expense0
Garage Spaces3
HOANo
HOA Fee$0
HeatingRadiant, Wall Furnace
High SchoolEvergreen High
High School DistrictEvergreen
Insurance Expense1400
Leasable Area3,816 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet10,019 sqft
Lot Size UnitsSquare Feet
MLS Area1047 - West Orchard
Middle/Junior High SchoolCascade Mid
NWM_ShowMapLinkY
Net Operating Income46739
New ConstructionNo
Number Of Units Total3
PossessionClosing
Possible UseMulti-Family
Property ConditionGood
Property Style53 - Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksPositioned in a high-demand rental corridor, this well-maintained Tri-Plex presents a compelling opportunity for investors seeking dependable cash flow and long-term appreciation. Each unit features p
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameHearthwood
Tax Annual Amount$6,881
Tax Year2026
Units Below Gradefalse
Units In Building Total3
Water Sewer Garbage0
Year Built1979
Zoning DescriptionMulti-Family

Exterior

Building Area Total3,816 sqft
Covered Spaces3
Exterior AmenitiesMetal/Vinyl
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCul-De-Sac, Curbs
Lot Size Acres0.23
Parking Uncovered Total4
Site FeaturesDeck, High Speed Internet
Total Parking7
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Evergreen High
Middle School Cascade Mid
Elementary School Hearthwood Elem

  

Similar Properties

$799,900

6 Beds 6 Baths 3,816 SQFT 0.23 Acres
Type: Multi-Family

14017 NE 14th Circle
Vancouver, WA 98684

MLS#: 2520983