» Pride-of-Ownership Asset in Established Washougal Neighborhood 742 9th Street is a meticulously maintained four-unit property configured as two duplex-style buildings on a single lot, offering investors a clean, low-density asset in a quiet residential setting. Major systems have been proactively cared for, including exterior paint completed within the last year, copper plumbing throughout, water heaters replaced approximately two years ago, and roofs approximately 15 years old minimizing near-term capital needs and providing a stable income foundation from day one. » Functional Layout with Tenant-Friendly Features Each unit benefits from washer/dryer hookups, cadet heating, and functional floor plans that support long-term tenant retention. The property includes private backyard space, a private driveway, and a detached 4-car garage with individual storage lockers a rare combination of amenities for a small multifamily asset that drives stickier tenancies and supports rent premiums relative to comparable vintage product. » Light Value-Add Through Natural Turnover Three of the four units have already been updated with modern interior finishes, leaving one classic unit as a clear path for additional rental upside through future renovation at turnover. This light-touch business plan allows a new owner to capture incremental rent growth organically without the disruption, capital intensity, or execution risk of a full repositioning. » Strategic Location in the Growing Camas-Washougal Submarket The property sits within the combined Camas-Washougal market, one of Clark County’s most desirable submarkets, anchored by strong household incomes, low unemployment, and steady population growth. Median household income in Camas is estimated between $121,000 and $140,000, and the 2025 unemployment rate of 3.6% outpaces both state and national averages. The area continues to attract residents seeking small-town quality of life with proximity to major metro employment. » Diverse Employment Base Across the Camas-Washougal Corridor The submarket is anchored by a diversified mix of employers including WaferTech (a TSMC subsidiary providing semiconductor contract manufacturing), Sharp Microelectronics, Georgia- Pacific, and Fred Meyer, alongside a growing base of tech, healthcare, and professional services firms. Many residents also commute to nearby Portland or Vancouver, leveraging the area’s quality of life while accessing the broader Silicon Forest tech corridor employment pool providing a deep and resilient renter demand base. » Walkable to Downtown Washougal and Major Waterfront Investment The property is positioned within easy reach of downtown Washougal’s growing restaurant and retail scene (Trap Door Brewery, Washougal Times, Asaka Sushi) and the Evergreen Marketplace/ Safeway anchor center, with downtown Camas’s vibrant dining and shopping district just minutes away. Major investment is reshaping the waterfront: the Hyas Point master-planned community at Washougal Waterfront Park is delivering 276 apartments and 56,000 SF of retail and restaurant space along the Columbia River, designed as a walkable mixed-use destination connecting downtown Washougal and downtown Camas. SR-14 provides direct connectivity west to Vancouver and the I-205 corridor to Portland.