Bought with Cano Real Estate LLC
$400,000
$349,900
14.3%For more information regarding the value of a property, please contact us for a free consultation.
1,788 SqFt
SOLD DATE : 03/05/2026
Key Details
Sold Price $400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,788 sqft
Price per Sqft $223
Subdivision Lincoln
MLS Listing ID 755991737
Sold Date 03/05/26
Year Built 1942
Annual Tax Amount $4,423
Lot Size 6,969 Sqft
Property Description
Prime value add duplex opportunity in the highly desirable Lincoln neighborhood. Both units are vacant and ready for renovations - ideal for investors seeking repositioning, rental upside, or redevelopment potential. Each unit is 1 bedroom 1 bathroom (approx. 537 & 731 SQ FT). Additional 510 SQ FT unfinished basement includes two storage spaces and shared washer/dryer hookups, offering further utility and tenant appeal. Per seller, there may be potential to add additional units, zoning may allow up to 6 total - Buyer to complete all due diligence regarding zoning, density, and development options. Property sold as-is; seller to make no repairs. Strong location fundamentals with proximity to employment, transit, and amenities support long-term rental demand and exit flexibility. Excellent opportunity to acquire in a sought after neighborhood with plenty of upside.
Location
State WA
County Clark
Community Laundry
Area _14
Zoning R-6
Rooms
Basement Exterior Entry, Partial Basement, Unfinished
Interior
Heating Radiant, Wall Furnace, Wall Heater
Cooling None
Exterior
Community Features Laundry
View City
Roof Type Composition,Metal
Garage No
Building
Lot Description Cleared, Corner Lot, Level, On Busline
Story 1
Foundation Block, Concrete Perimeter, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Lincoln
Middle Schools Discovery
High Schools Hudsons Bay
Others
Acceptable Financing Cash, Conventional, Rehab
Listing Terms Cash, Conventional, Rehab
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