James & Angie Smith

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Listing provided courtesy of Pellego, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2543571MLS Provider

302 3rd StreetWoodland, WA 98674

Multi-Family · 6 Beds · 3,062 Sq. ft. | 0.23 Acres
$995,000 Active

302 3rd Street Overview

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Modern, low-maintenance fourplex in the heart of Woodland, offering immediate stability and strong, proven income. Offered at its current appraised value, this property represents a secure investment from day one. The building has been beautifully remodeled with high-quality finishes, efficient mechanical systems, and a durable metal roof designed to keep ongoing capital expenditures minimal. Each unit is currently leased and performing, generating a reliable $6,645/month with remarkably low operational expenses. Situated in a prime, highly rentable location, tenants enjoy being just a short walk to Horseshoe Lake Park and under 20 minutes to Vancouver, WA. This is a rare opportunity to acquire a fully stabilized asset combining immediate cash flow, premium design quality, and predictable performance in one of SW Washington’s steadiest growth markets. Buyer to verify all information. Please do not disturb tenants; interior showings are available after an accepted offer. Owner/Broker.

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302 3rd Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,062
  • Price/Sq.ft. $325
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Woodland

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 684.64
  • Fuel Expense: 0
  • Gross Scheduled Income: 79740
  • Insurance Expense: 3648
  • Net Operating Income: 64321
  • Total Expenses: 15418.84
  • Total Monthly Income: 6645
  • Water/Sewer/Garbage: 6308.92

Building Information

  • New Construction: No
  • Year Built: 1971

Location/Region

  • Country: US
  • County Or Parish: Cowlitz
  • MLS Area Major: 420 - South County/Woodland
  • Subdivision Name: Woodland

Tax Information

  • Tax Annual Amount: $4,777.28
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 5054501
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3062
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3062
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank
  • Heating: Yes
  • Leasable Area: 3062
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 11
  • Parking Uncovered Total: 11

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Dead End Street, Sidewalk
  • Lot Size Acres: 0.23
  • Lot Size Square Feet: 10019
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Methods: Standard Frame
  • Roof: Metal
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Cement/Concrete, Wood, Wood Products
  • Number Of Units Total: 4
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1490
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1490
  • Beds Total: 1
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1790
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1790
  • Beds Total: 2
  • Baths Total: 1

302 3rd Street Neighborhood

Community

98674 (Woodland) Demographics

35
Median Age
170
Population Density (per sq. mile)
31%
College Educated
$75,487
Estimated Median Income
3,596
Estimated Total Home Owners
1,456
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

302 3rd Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

302 3rd Street Market Data

Based on the last 30 days in this zip code

$794,304
Average List Price
$315
Average Price per Square Foot
28
Properties Sold
85
Average Days on Market
188
Properties for Sale
Calculations provided by Reliance Network

302 3rd Street History

Date Event Value Agent
6/21/2026Source: NWMLS Added to Database
June 21, 2026
3/12/2025Source: NWMLS Status Change
Sold
2/4/2025Source: NWMLS Status Change
Pending Inspection
12/16/2024Source: NWMLS Added to Database
December 16, 2024
6/20/2022Source: NWMLS Added to Database
June 01, 2021