NEW 9 HRS AGO

For sale

$697,997

Est. $4,254/mo —

•

3 ba

•

2,200

sq ft

4520 Nicholson Rd, Vancouver, WA 98661

About this home

Three Units. One Vancouver Investment.Build your rental portfolio or combine homeownership with rental income in Vancouver’s centrally located Bagley Downs neighborhood. Situated near Bagley Community Park, shopping, and dining, this three-unit property pairs neighborhood living with convenient access throughout Vancouver and the Portland metro. Nearby SR 500 connects residents to I-5 and I-205, while Clark College and downtown Vancouver are within easy reach.Live in one unit and rent the other two to help offset your housing costs, or lease all three as an investment. With three residences in one building, the property offers flexibility for buyers entering multifamily ownership or expanding an established portfolio.Contact the broker for current rental information and showing arrangements.

Multi-familyProperty Type

1950Year Built

9,147 sq ftLot Size

$317Price/Sq.Ft.

4 spacesParking

Listed by Tyler Sundby • Huston Realty DBA Arete Properties

Listing updated: Nov 4, 2026 at 04:14pm

Redfin checked: a minute ago

•Source:RMLS #419968934

Payment calculator

$4,254 per month

Principal and interest$3,762

Property taxes

$399

HOA dues

Home insurance

$93

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN FRI, 3PM TO 5PM
$379,900
2 beds1 bath950 sq ft
3606 NE 44th St, Vancouver, WA 98661
6,082 sq ft lot • Garage • Built 1946
Karly Bordak • The Bordak Group, LLC
OPEN FRI, 4PM TO 6PM
$850,000
4 beds3 baths3,146 sq ft
7108 Topeka Ln, Vancouver, WA 98664
0.34 acre lot • 3 garage spots • Built 1960
Allison Ellermeier • Neighbors Realty LLC
OPEN SAT, 10AM TO 12PM3D WALKTHROUGH
$1,499,500
6 beds5 baths4,140 sq ft
19909 NE 49th St, Vancouver, WA 98682
1.01 acre lot • 3 garage spots • Built 1991
Lori Anderson-Benson • Keller Williams Realty
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$530,000
3 beds2 baths1,695 sq ft
2512 NE 84th Cir, Vancouver, WA 98665
6,098 sq ft lot • Garage • Built 2016
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$335,000
2 beds2 baths1,138 sq ft
13210 SE 7th St Unit N62, Vancouver, WA 98683
$514 HOA • Garage • Built 2002
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$450,000
2 beds1 bath1,266 sq ft
7568 N Gilbert Ave, Portland, OR 97203
5,227 sq ft lot • 2 garage spots • Built 1957
Redfin
REDFIN OPEN SAT, 11AM TO 1PM3D WALKTHROUGH
$350,000
2 beds1 bath768 sq ft
8233 NE Going Pl, Portland, OR 97220
6,098 sq ft lot • Built 1949 • Listed 45 days
Redfin
OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$700,000
3 beds1 bath1,886 sq ft
3415 NE 26th Ave, Portland, OR 97212
5,227 sq ft lot • Garage • Built 1945
Chelsea McAlister • Urban Nest Realty
OPEN SAT, 12PM TO 2PM3D WALKTHROUGH
$474,900
2 beds1 bath1,086 sq ft
4605 N Stafford, Portland, OR 97203
6,098 sq ft lot • Garage • Built 1948
Katelin Wille • Keller Williams Realty Professionals
REDFIN OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$285,000
Studio1 bath857 sq ft
900 NE 81st Ave #402, Portland, OR 97213
$613 HOA • Built 1969 • Listed 27 days
Redfin

Around this home

Schools

K - 12
Preschool & daycare

Roosevelt Elementary School

Public K-5 • Assigned • 0.3mi

2/10

McLoughlin Middle School

Public 6-8 • Assigned • 1.6mi

2/10

Fort Vancouver High School

Public 9-12 • Assigned • 0.8mi

1/10

Provided by GreatSchools

About Bagley

Downs

Bagley Downs, located between Fourth Plain Boulevard and NE 18th Street, is a residential and commercial Vancouver neighborhood with mid-century ranch homes and a grid of walkable side streets. The neighborhood’s character concentrates around the Fourth Plain Blvd corridor near NE 65th Ave, where taquerias, panaderías, small grocers, and service storefronts keep the sidewalks active. Single-story houses and modest infill sit behind mature street trees, with larger arterials framing the edges. Bagley Community Park adds open lawns and play areas that shape daily routines. Nearby, Clark College and the Clark County Historical Museum anchor local culture and learning. The feel is practical and grounded, with errands and recreation centered on the main corridors.

Provided by Walk Score and Local Logic

Market insights

4520 Nicholson Rd · $697,997

DAYS ON MARKET

The average home goes pending in 38 days.

SALE-TO-LIST

Most homes are selling 0% below list price.

LIST PRICE

Median sale price in this area is $573,813. (18% lower than this home)

PRICE DROP

26% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Living

Interior features
Finished basement

Heating & cooling
Wall heater

Sale and tax history for 4520 Nicholson Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2026

$4,793 (+8.6%)

$174,854 + $321,632

$496,486

2025

$4,414 (+7.0%)

$172,122 + $321,587

$493,709

2024

$4,126 (+1.9%)

$159,828 + $292,137

$451,965

2023

$4,048 (+8.1%)

$159,828 + $281,208

$441,036

2022

$3,747 (−6.5%)

$159,828 + $274,591

$434,419

2021

$4,009 (+14.9%)

$136,605 + $237,938

$374,543

2020

$3,490 (−0.6%)

$160,095 + $217,690

$377,785

2019

$3,510 (−4.5%)

$136,310 + $204,470

$340,780

2018

$3,674 (+12.0%)

$113,439 + $195,087

$308,526

2017

$3,280 (+7.5%)

$105,205 + $182,299

$287,504

2016

$3,050 (+8.2%)

$105,205 + $182,299

$287,504

2015

$2,818 (+12.6%)

$91,483 + $163,986

$255,469

2014

$2,503 (+3.1%)

$70,952 + $112,092

$183,044

2013

$2,428 (−6.7%)

$70,952 + $112,092

$183,044

2012

$2,604 (+2.2%)

$66,221 + $105,500

$171,721

2011

$2,548 (−4.0%)

$75,682 + $124,325

$200,007

2010

$2,654 (−1.6%)

$75,682 + $124,325

$200,007

2009

$2,698

$126,800 + $148,500

$275,300

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

9,148 Sq. Ft.

Year renovated

1950

Finished Sq. Ft.

1,635

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,635

Year built

1950

Style

Single Family Residential

County

Clark County

APN

161660000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 28, 2026.

R-18

FOURTH PLAIN CORRIDOR OVERLAY DIST : VAN

FOURTH PLAIN CORRIDOR

TRANSIT OVERLAY TIER TWO 20.550

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

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

3/10 Heat Factor

7 days above 91° expected this year, 15 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

Redfin Estimate for 4520 Nicholson Rd

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $499,999 and $679,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $500K to $679K.

SOLD OCT 5, 2026
3804 NE 41st St, Vancouver, WA 98661
$535,000 Last sold price
4 beds3 baths2,004 sq ft
3804 NE 41st St, Vancouver, WA 98661
$50/sq ft
larger lot
19 years newer
BOUGHT WITH REDFIN SEP 25, 2026
$620,000 Last sold price
4 beds3 baths2,193 sq ft
5810 NE 45th St, Vancouver, WA 98661
$34/sq ft
smaller lot
68 years newer
SOLD AUG 18, 2026
$525,000 Last sold price
4 beds2 baths2,156 sq ft
5312 NE 47th St, Vancouver, WA 98661
$73/sq ft
larger lot
38 years older
SOLD APR 30, 2026
$635,000 Last sold price
3 beds3 baths2,275 sq ft
3909 NE 38th St, Vancouver, WA 98661
$38/sq ft
larger lot
52 years newer
SOLD MAY 29, 2026
$679,000 Last sold price
5 beds3 baths2,678 sq ft
4609 NE 46th St, Vancouver, WA 98661
$63/sq ft
44 years newer
no basement
SOLD MAY 15, 2026
$499,999 Last sold price
4 beds3 baths2,173 sq ft
3514 NE 43rd St, Vancouver, WA 98661
$87/sq ft
smaller lot
55 years newer

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