1518 Z ST

Vancouver, WA 98661

$539,000

Fantastic 2 Unit Income Opportunity in a Mid Century Property located in the heart of Vancouver. This Updated Property provides 2 Separate Units with a total of 2,236sf of Living Space, 4 Bedrooms, and 3 Full Bathrooms. UPSTAIRS UNIT: 3 Bedrooms, 2 Full Bathrooms, Kitchen, Dining Area, Living Room with… Read MoreRead Less

Listing courtesy of Knipe Realty ERA Powered.

Listing Snapshot

Days Online

193

Last Updated

Feb 11, 2026

Square Ft.

2,496

Year Built

1956

MLS Number

701614831

30 Days Snapshot Of 98661

$499k

-9%

(avg) sold price

+3%

homes sold

+32%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Paved

Basement

Basement: Finished, FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit

Building

Building Area Total: 2496, Built in 1956, Storage: Basement, Unit Type Type: UnitTypeType1, UnitTypeType2

Cooling

Cooling: CentralAir

Expenses

Operating Expense: $7,418

Exterior Features

Exterior Description: Cedar

Foundation

Foundation Details: ConcretePerimeter

Garage

Garage Spaces: 2

Heating

Heating: ForcedAir

Income

CAP Rate: 5.64, Gross Income: $37,800, Gross Rent Multiplier: 14.26, Net Operating Income: $30,382

Lot

Features: CornerLot, Size Range: SqFt5000to6999, Size: 5,000 to 6,999 SqFt

Miscellaneous

Investor Information: RentRecords

Parking

Features: Driveway, OnStreet, 2 total parking spots

Property

Number Of Units Total: 2, Property Condition: UpdatedRemodeled, Zoning: R-9

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $4,418, Legal Description

Unit One

Actual Rent: $1,850, Area: 1508, Features: AirConditioning, Dishwasher, Fireplace, HardwoodFloors, Units Total: 1, 2 total bathrooms, 3 total bedroom

Unit Two

Actual Rent: $1,300, Area: 988, Features: AirConditioning, Dishwasher, Refrigerator, WasherDryer, Units Total: 1, 1 total bathroom, 1 total bedroom

Utilities

Fuel Description: Electricity, Gas, Hot Water Description: Gas, Water Source: PublicWater

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than eXp Realty, LLC are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Feb 11, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Feb 11, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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