OFF MARKET

Off market jun 2020 for $7.5M

—

•

75 ba

•

35,980

sq ft

3525 Nicholson Rd, Vancouver, WA 98661

About this home

Turn-key investment portfolio of 25 units in Central Vancouver. Located in an Opportunity Zone. Approved for Vancouver Multi-Family Tax Exemption. Quality finishes including in each unit: slab counters in kitchen and master bath, luxury vinyl plank flooring, stainless steel appliances, and central air conditioning. Most units have 2-car garages. CAP Rate approximately 4.8%. Now fully stabilized with 100% occupancy.

Multi-familyProperty Type

2019Year Built

$208Price/Sq.Ft.

1 car garageParking

Listed by Patrick Ginn • Ginn Group

Bought with Ian Hopper • Keller Williams Realty Professionals

Redfin checked: 3 minutes ago

•Source:RMLS #20487571

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 98661, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.8%

+0.3% MoM

Median sale price

$475K

$140 MoM

Avg. days on market

29d

6 days MoM

Recently sold homes

119

1 MoM

New listings for sale

NEW 17 HRS AGO
$375,000
3 beds2 baths1,319 sq ft
520 SE Columbia River Dr #216, Vancouver, WA 98661
Heather Speight • eXp Realty LLC
$372,500
2 beds1 bath2,016 sq ft
2320 E 25th St, Vancouver, WA 98661
Craig Frkovich • John L. Scott, Inc.
$260,000
2 beds2 baths1,088 sq ft
6916 NE 43rd St Unit B, Vancouver, WA 98661
Brandon Fox • Keller Williams Realty
$425,000
3 beds2 baths1,515 sq ft
3217 E 26th St, Vancouver, WA 98661
Hannah Dubyne • Real Broker LLC
$499,000
3 beds3 baths1,555 sq ft
5909 NE 56th Cir, Vancouver, WA 98661
Maksim Lopatin • Realty One Group Prestige
3D WALKTHROUGH
$549,000
3 beds2 baths1,619 sq ft
4405 NE 46th Cir, Vancouver, WA 98661
Dayna Nyberg • Kelly Right Real Estate Vancouver
$2,799,900
5 beds5 baths5,131 sq ft
121 S Santa Fe, Vancouver, WA 98661
Brian Jones • Manor Realty Group, LLC
$499,500
3 beds1 bath1,328 sq ft
5811 NE 47th St, Vancouver, WA 98661
Jared English • Congress Realty, Inc
$495,000
3 beds2 baths1,526 sq ft
729 SE Fairwinds Loop, Vancouver, WA 98661
Nate Brantley • Brantley Christianson Real Estate
$288,000
2 beds1 bath986 sq ft
6009 NE 37th St, Vancouver, WA 98661
Pamela McAnally • Realty One Group Prestige
See all

Provided by Redfin

Sale history for 3525 Nicholson Rd

Tax history for 3525 Nicholson Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,546 Sq. Ft.

Year renovated

2019

Sq. Ft.

2,946

Year built

2019

Style

Multi-Family (2-4 Unit)

County

Clark County

APN

986049994

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 14, 2026.

R-18

FOURTH PLAIN CORRIDOR OVERLAY DIST : VAN

TRANSIT OVERLAY TIER TWO 20.550

FOURTH PLAIN CORRIDOR

TRANSIT OVERLAY TIER TWO

Higher-Density Residential District

The R-18 zoning district is designed to accommodate attached homes such as duplexes and rowhouses, and garden-type apartments at a minimum lot size of 1,800 sq ft per unit. Professional office uses are permitted under certain circumstances. Some retail, civic and institutional uses are allowed conditionally. This zone consolidates the R-18 and OR-18 zones as of March 11, 2004.

Zone overlays

Fourth Plain Corridor Overlay Dist : VAN
Transit Overlay District

Permitted uses

Include but are not limited to:

Agriculture
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Park & open space

Property details

Parking

Parking Information
Parking Features: Garage

Interior

Appliances
Hot Water Description: Electricity

Interior Features
Basement: Crawl Space

Multi Unit Information
# Of Units Total: 25

Unit Information
Unit Type: 1, 2, 3, 4, 5

Unit Type 1 Information
Actual Rent: $1,695
Area: 1,366
Baths Total: 3
Beds Total: 3
Features: Dishwasher, Refrigerator, Washer/Dryer, Window Coverings
Units Total: 3

Unit Type 2 Information
Actual Rent: $1,750
Area: 1,421
BathsTotal: 3
Beds Total: 3
Features: Dishwasher, Refrigerator, Washer/Dryer, Window Coverings
Units Total: 12

Unit Type 3 Information
Actual Rent: $1,775
Area: 1,477
Baths Total: 3
Beds Total: 3
Features: Dishwasher, Refrigerator, Washer/Dryer, Window Coverings
Units Total: 1

Unit Type 4 Information
Actual Rent: $1,805
Area: 1,482
Baths Total: 3
Beds Total: 3
Features: Dishwasher, Refrigerator, Washer/Dryer, Window Coverings
Units Total: 8

Unit Type 5 Information
Actual Rent: $1,845
Area: 1,497
Baths Total: 3
Beds Total: 3
Features: Dishwasher, Refrigerator, Washer/Dryer, Window Coverings
Units Total: 1

Exterior

Exterior Features
Roof: Composition
Exterior Description: Cement Siding, Lap Siding

Lot Information
Lot Size Range: 1 to 2.99 Acres
Lot Size: 1 to 2.99 Acres
Lot Features: Cul-de-sac, Private
Parcel Number: 986049994
Road Surface Type: Paved

Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: New Construction
View YN: Yes
View Description: Trees/Woods

Building Information
Year Built: 2019
Building Area Total: 35,980
Foundation Details: Slab

Financial

Tax Information
Tax Year: 2019
Tax Legal Description: NICHOLSON LOT 3 312021
Tax Annual Amount: $15,192

Lease / Rent Information
CAP Rate: 4.83
Gross Rent Multiplier: 17.92

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Heat Pump
Cooling YN: Yes
Cooling: Central Air

Location

School Information
Elementary School: Roosevelt
Middle Or Junior School: McLoughlin
High School: Fort Vancouver

Location Information
Directions: From Fourth Plain Blvd, North on Falk Road, West on Nicholson to development
Unparsed Address: 3525 NICHOLSON RD, Vancouver, WA 98661

Community Information
Zoning: R-18

Public facts

Beds: 6
Baths: 5.0
Sq. Ft.: 2,946
Stories: 2.0
Lot Size: 4,546 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 2019
Year Renovated: 2019
County: Clark County
APN: 986049994

Home facts updated by county records on Oct 14, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

Around this home

Schools

Roosevelt Elementary School

Public K-5 • Assigned • 0.3mi

2/10

McLoughlin Middle School

Public 6-8 • Assigned • 1.8mi

2/10

Fort Vancouver High School

Public 9-12 • Assigned • 1.2mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

6 days above 91° expected this year, 13 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

20 unhealthy days expected this year, 21 days in 30 years

Provided by First Street

Historical weather

Vancouver, WA • 98661

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.7 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.7 hrs

2 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 98661

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Listing provided by NWMLS as Distributed by MLS Grid

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Brandon Fox • Keller Williams Realty

$425,000

3 beds2 baths1,515 sq ft

3217 E 26th St, Vancouver, WA 98661

Hannah Dubyne • Real Broker LLC

$499,000

3 beds3 baths1,555 sq ft

5909 NE 56th Cir, Vancouver, WA 98661

Maksim Lopatin • Realty One Group Prestige

3D WALKTHROUGH

$549,000

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4405 NE 46th Cir, Vancouver, WA 98661

Dayna Nyberg • Kelly Right Real Estate Vancouver

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Brian Jones • Manor Realty Group, LLC

$499,500

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Jared English • Congress Realty, Inc

$495,000

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729 SE Fairwinds Loop, Vancouver, WA 98661

Nate Brantley • Brantley Christianson Real Estate

Home values near 3525 Nicholson Rd

Data from public records.

Address	Redfin Estimate
3500 Nicholson Rd, Vancouver, WA 1 Beds \| 1 Baths \| 1168 Sq. Ft.	$333,635
3605 Nicholson Rd, Vancouver, WA 6 Beds \| 5 Baths \| 3052 Sq. Ft.	$859,435

Address	Redfin Estimate
3609 Nicholson Rd, Vancouver, WA 4 Beds \| 2 Baths \| 1655 Sq. Ft.	$599,238
3601 Nicholson Rd, Vancouver, WA 6 Beds \| 5 Baths \| 3064 Sq. Ft.	$824,605

Address	Redfin Estimate
3412 Nicholson Rd, Vancouver, WA 3 Beds \| 2 Baths \| 1120 Sq. Ft.	$413,989
3513 Nicholson Rd, Vancouver, WA 6 Beds \| 5 Baths \| 2800 Sq. Ft.	$795,904

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 98661, WA

Sale history for 3525 Nicholson Rd

Tax history for 3525 Nicholson Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98661

Home values near 3525 Nicholson Rd

More real estate resources