👑 Prime Downtown Washougal | 5 Bed | True Master on Main | Flip, Rent, or BRRRR 👑
956 14th St, Washougal, WA 98671
Asking Price: $374,000
ARV: $550,000 – $575,000
5 Beds (1 Non-Conforming) | 2 Baths | 2,149 Sq Ft | Bonus Room | True Master on Main
Vacant at Close
🔑 The Opportunity
Right in the heart of Downtown Washougal — walkable to shops, dining, and daily amenities — and sitting directly across from a newer neighborhood where homes sell in the mid-$600s. At $374K with an ARV of $550K–$575K.
2,149 sq ft, true master on main, bonus room, and an oversized garage/basement — the bones are there. Bring it up to the standard of the homes next door and the margin follows. Washougal continues to draw buyers priced out of Camas, Vancouver, and Portland, making this location a long-term winner for flippers and landlords alike.
📋 Property Details
5 Beds (1 Non-Conforming) | 2 Baths | 2,149 Sq Ft
Bonus room (additional flex/living space)
True master on main
Freestanding wood stove in the living room
Brand-new water heater (installed 2 years ago)
Large rear deck
0.13-acre lot with terraced front yard
Oversized garage/basement with storage and workbench
Long driveway parking
Location Highlights:
Directly across from a newer neighborhood (comps in the mid-$600s)
Close to parks, grocery stores, dining, and downtown Washougal
Near top-rated schools and the Columbia River Gorge
🔨 Rehab Scope (Moderate Rehab)
Not a quick paint-and-list, but far from a gut job. Scope is clear, surprises are minimal:
New flooring and trim throughout
New countertops
Paint cabinets
Interior and exterior paint
Deck repair
Minor siding repair
Landscaping / yard work
Small fence repair
The goal: elevate finishes to match the caliber of the homes directly adjacent and capture the upper end of the ARV range.
💰 The Numbers
Asking Price: $374,000
ARV: $550,000 – $575,000
Exit Strategies: Flip · Long-Term Rental · BRRRR
Occupancy at Close: Vacant
🏃 Exit Strategies
Flip: Strong ARV support from adjacent comps, 5 beds, true master on main, and a bonus room — well-positioned for a retail resale in the $550K–$575K range.
Rental / BRRRR: Solid rental demand driven by proximity to Camas and PDX. A stabilized asset this size with a garage/basement offers strong long-term equity and cash flow.
🗓️ Public Walkthrough
Friday, June 5th at 1:00 PM
956 14th St, Washougal, WA 98671
Closing date: 6/30/2026 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
