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.
Active
$697,997
4520 Nicholson Rd, Vancouver, WA 98661
5beds
2,200sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$317/sqft
$-- HOA
What's special
- 3 days
- 188
- 10
Zillow last checked:
Listing updated:
Listed by:
Tyler Sundby 360-601-7118,
Huston Realty DBA Arete Properties
Source: RMLS (OR),MLS#: 419968934
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Electric Water Heater
Features
- Basement: Finished
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
- Has view: Yes
- View description: Park/Greenbelt
Lot
- Size: 9,147 Square Feet
- Features: Gentle Sloping, SqFt 7000 to 9999
Details
- Parcel number: 161660000
- Zoning: MSN
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar
Condition
- Updated/Remodeled
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Vancouver
Financial & listing details
- Price per square foot: $317/sqft
- Tax assessed value: $493,709
- Annual tax amount: $4,792
- Date on market: 11/4/2026
- Listing terms: Cash,Conventional
- Total actual rent: 3414
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2026 | Listed for sale | $697,997+86.1%$317/sqft |
Source:  RMLS (OR) #419968934 Report a problem | ||
| 5/5/2021 | Sold | $375,000-19.4%$170/sqft |
Source: Public Record Report a problem | ||
| 11/12/2020 | Pending sale | $465,000$211/sqft |
Source: Owner Report a problem | ||
| 11/2/2020 | Price change | $465,000+3.3%$211/sqft |
Source: Owner Report a problem | ||
| 10/31/2020 | Listed for sale | $450,000$205/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,793 +8.6% | $493,709 +9.2% |
| 2024 | $4,414 +7% | $451,965 +2.5% |
| 2023 | $4,126 +10.1% | $441,036 +1.5% |
| 2022 | $3,747 -6.5% | $434,419 +16% |
| 2021 | $4,009 +14.9% | $374,543 -0.9% |
| 2020 | $3,490 | $377,785 +10.9% |
| 2019 | $3,490 -0.6% | $340,780 -4% |
| 2018 | $3,510 -4.5% | $354,998 +15.1% |
| 2017 | $3,674 +12% | $308,526 +7.3% |
| 2016 | $3,281 +7.5% | $287,504 +12.5% |
| 2015 | $3,050 +8.2% | $255,469 +14.5% |
| 2014 | $2,819 | $223,173 +21.9% |
| 2013 | $2,819 +8.3% | $183,044 +6.6% |
| 2012 | $2,604 -1.9% | $171,721 -14.1% |
| 2010 | $2,654 -1.6% | $200,007 -15.5% |
| 2009 | $2,698 | $236,643 -10.9% |
| 2008 | -- | $265,700 |
| 2007 | -- | $265,700 +44.2% |
| 2005 | -- | $184,200 |
| 2004 | -- | $184,200 +13.7% |
| 2001 | $2,261 +7.1% | $162,000 +6.4% |
| 2000 | $2,110 | $152,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Bagley Downs
Nearby schools
Schools provided by the listing agent
- Elementary: Roosevelt
- Middle: Mcloughlin
- High: Fort Vancouver
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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