Beds
Baths
2,570 Sq. Ft.
$189 / Sq. Ft.
2,570
Sq. Ft.
$189
per Sq. Ft.

Description

Investors, this one's for you! This fully rented fourplex is a hidden gem located on a dead-end street, surrounded by trees and just minutes from downtown with quick freeway access. Two of the four units have been tastefully renovated to include: new LVP flooring, interior paint, new kitchen cabinets, new appliances, new light fixtures, mini split in one-unit, electric heaters, and updated bathrooms. While the other two units remain solid and ready for future updates! Features a community laundry...Investors, this one's for you! This fully rented fourplex is a hidden gem located on a dead-end street, surrounded by trees and just minutes from downtown with quick freeway access. Two of the four units have been tastefully renovated to include: new LVP flooring, interior paint, new kitchen cabinets, new appliances, new light fixtures, mini split in one-unit, electric heaters, and updated bathrooms. While the other two units remain solid and ready for future updates! Features a community laundry room, common area and a storage-utility basement. Laundry room offers new plumbing, new concrete subfloor with new LVP flooring, new sink, new electric heater and new washer and dryer! Unit #1 includes a large private deck. Recent upgrades such as: new sewer line w/a 30 yr transferrable warranty, new water line from meter to property, new concrete: driveway, walkway, stairs, common area and new aluminum handrails. Two new water heaters. All units are rented, providing immediate cash flow. Buyer to verify all information. A solid investment opportunity awaits! Do not disturb tenants or walk property. Ask your favorite Realtor for the property updates sheet!
  1. Listed by Nicole White • eXp Realty LLC

Property Details for 3812 R Street

Parking Features
Driveway, On Street
Zoning
R9
View
Territorial, Trees Woods
Garage Spaces
.00
Parking Total
3.00
LISTING CLOSED: 02/28/2025 12:00 AM

Property Details for 3812 R Street

StatusSold
MLS #24484907
Days on Market116
Taxes$4,322 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.14 AC / 6,098 SF
CountyClark County

Location

Listing Courtesy of eXp Realty LLC

Sold By SMI Commercial Real Estate LLC

Add your commute

Building Information for 3812 R Street

Stories-Residences4Year Built1930Building Size-Lot Size0.14 AC / 6,098 SF

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Principal and Interest

$2,417

Property Taxes

$360

HOA Dues

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Property Information for 3812 R Street

Summary
Location and General Information
  • Country: US
  • Directions: From 33rd St North on R Street. Property at end of street on Left
  • Road Surface: Paved
School Information
  • Elementary School: Washington
  • High School: Hudsons Bay
  • Middle Or Junior School: Discovery
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $4,321.66
  • Parcel Number: 020735002
  • Association Fee: $.00
  • Tax Legal Description: SPARKS & NEILSONS ADDN LOT 1 & #2 LOT 2 BLK 10 FOR ASSESSOR USE O
Property
Lot Information
  • Acres: 0.14
  • Lot Description: Commons, Gentle Sloping, Level, Trees, Wooded
  • Lot Size Square Feet: 6098.0
  • Senior Housing Y/N: No
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 1930
Utilities
  • Cooling Description: Mini Split, Window Unit
  • Fuel Description: Electricity
  • Heating Description: Mini Split, Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Electricity, Maintenance Grounds, Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Metal/Vinyl
  • Roof Type: Composition
  • Water Front Y/N: No
Interior Features
  • Basement: Storage Space
  • Foundation Details: Concrete Perimeter
  • Fireplaces Total: 0
  • View Y/N: Yes
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
Farm
Farm Information
  • Farm Irrigation Rights Y/N: No
Condominium
Condominium Information
  • Condo Total Levels: 3
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Gross Income Actual: $62,599.00
  • Gross Income Projected: $62,700.00
  • Gross Rent Multiplier: $9.57
  • Investor Information: According To Owner, Leases, Profit Loss Statement, Rent Records
  • Net Income Actual: $46,343.00
  • Operating Expense: $16,255.00
  • Security Features: Security Lights
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • Common Amenities: Commons, Laundry
  • SqFt Approximate Building Total: 2570
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Air Conditioning, Deck, Range, Refrigerator
  • Unit Type 1 Rent: $1,500
  • Unit Type 1 SqFt: 672.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator
  • Unit Type 2 Rent: $1,500
  • Unit Type 2 SqFt: 672.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Range, Refrigerator
  • Unit Type 3 Rent: $1,500
  • Unit Type 3 SqFt: 763.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Range, Refrigerator
  • Unit Type 4 Rent: $1,100
  • Unit Type 4 SqFt: 463
  • Unit Type 4 UnitsTotal: 1

Property History for 3812 R Street

DateEvent & SourcePriceAppreciation
Feb 25, 2025

Sold (Public Record)

Public Record #1551780475

$485,000

+0.4% / yr

Sep 26, 2022

Sold (Public Record)

Public Record #1497896458

$480,000

+7.8% / yr

Apr 15, 2016

Sold (Public Record)

Public Record #572950028

$295,000
DateEvent & SourcePrice
02/25/2025

Sold (Public Record)

Public Record #1551780475

$485,000

+0.4% / yr

09/26/2022

Sold (Public Record)

Public Record #1497896458

$480,000

+7.8% / yr

04/15/2016

Sold (Public Record)

Public Record #572950028

$295,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3812 R Street

Taxable ValueLand$172,000Additions$339,200Total$511,200
Tax Record2025$4,512 ($376 / month)
Home Facts
Baths1Total Finished SqFt1,373 SqFtAbove Ground SqFt964 SqFtFinished Basement SqFt409 SqFtStories1Lot Size6,098 SqFtStyleMulti-Family Res (5+ Units)Year Built1930Year Renovated1930ZoningR-9CountyCLARKAPN020735002

Schools near 3812 R Street

This home is within Vancouver School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 5

Discovery Middle School
Public6 to 8

Hudson's Bay High School
Public9 to 12

Vancouver School of Arts and Academics
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty LLC

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass and its related brokerages or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.