1833 C St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1833 C St
8 Unit Apartment Building $1,581,360 CAD ($197,670 CAD/Unit) 5.52% Cap Rate Washougal, WA 98671
Executive Summary
This charming eight-unit complex, located at 1833 C Street, offers both historic character and modern touches—positioning it perfectly to capitalize on Washougal’s dynamic growth and revitalization efforts.
Washougal is rapidly emerging as a hub for outdoor recreation, local commerce, and quality housing. The city’s highly anticipated Washougal Towncenter Revitalization (WTR) project promises a vibrant community space, Washougal’s first off-leash dog park, a pocket park, a splash pad, and more—creating a family-friendly environment that attracts residents and businesses alike. Adding to Washougal’s appeal is its strategic location just 20 minutes from Portland, close to the Portland International Airport, and near the scenic Columbia River Gorge National Scenic Area. This ideal combination of accessibility, natural beauty, and community growth has already spurred strong tenant demand.
Favorable Financial & Tax Environment
Property Taxes: Washougal’s property tax rate of $14.22 per $1,000 is competitive, especially relative to the greater Portland area.
No State Income Tax: Washington’s business-friendly climate means both residents and investors benefit from no state income tax.
Stable Rents: Clark County’s average monthly rent ($1,710) remains higher than Portland’s ($1,650), reinforcing the area’s robust demand for quality rental units.
Future Growth Potential
While Washougal is experiencing a wave of new developments, it retains a small-town charm that continues to attract renters looking for a balance between urban convenience and scenic surroundings. The WTR project’s planned improvements—including additional park space, public amenities, and expanded parking—are expected to further uplift property values and rental demand.
An investment in 1833 C Street means tapping into a vibrant, evolving market that combines steady cash flow potential with the promise of long-term appreciation. The property’s strategic location, modern upgrades, and proximity to Washougal’s new developments create a compelling addition to any investor’s portfolio seeking stability and growth.
Washougal is rapidly emerging as a hub for outdoor recreation, local commerce, and quality housing. The city’s highly anticipated Washougal Towncenter Revitalization (WTR) project promises a vibrant community space, Washougal’s first off-leash dog park, a pocket park, a splash pad, and more—creating a family-friendly environment that attracts residents and businesses alike. Adding to Washougal’s appeal is its strategic location just 20 minutes from Portland, close to the Portland International Airport, and near the scenic Columbia River Gorge National Scenic Area. This ideal combination of accessibility, natural beauty, and community growth has already spurred strong tenant demand.
Favorable Financial & Tax Environment
Property Taxes: Washougal’s property tax rate of $14.22 per $1,000 is competitive, especially relative to the greater Portland area.
No State Income Tax: Washington’s business-friendly climate means both residents and investors benefit from no state income tax.
Stable Rents: Clark County’s average monthly rent ($1,710) remains higher than Portland’s ($1,650), reinforcing the area’s robust demand for quality rental units.
Future Growth Potential
While Washougal is experiencing a wave of new developments, it retains a small-town charm that continues to attract renters looking for a balance between urban convenience and scenic surroundings. The WTR project’s planned improvements—including additional park space, public amenities, and expanded parking—are expected to further uplift property values and rental demand.
An investment in 1833 C Street means tapping into a vibrant, evolving market that combines steady cash flow potential with the promise of long-term appreciation. The property’s strategic location, modern upgrades, and proximity to Washougal’s new developments create a compelling addition to any investor’s portfolio seeking stability and growth.
Property Facts
| Price | $1,581,360 CAD | Apartment Style | Low Rise |
| Price Per Unit | $197,670 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 5.52% | Building Size | 3,269 SF |
| Gross Rent Multiplier | 10.31 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $1,581,360 CAD |
| Price Per Unit | $197,670 CAD |
| Sale Type | Investment |
| Cap Rate | 5.52% |
| Gross Rent Multiplier | 10.31 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,269 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 073351-000 | Improvements Assessment | $885,458 CAD |
| Land Assessment | $156,227 CAD | Total Assessment | $1,041,685 CAD |
PROPERTY TAXES
Parcel Number
073351-000
Land Assessment
$156,227 CAD
Improvements Assessment
$885,458 CAD
Total Assessment
$1,041,685 CAD
zoning
| Zoning Code | TC-C, Washougal (Town Center Core) |
| TC-C, Washougal (Town Center Core) |
1 of 13
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1833 C St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.