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.