This vacant 3 bedroom, 1.5 bath single-family home in Vancouver, WA presents a straightforward value-add opportunity for an experienced fix and flip investor. Built in 1975 and sitting on an 11,803 sqft lot with a 2-car garage, the 988 sqft property is priced at $280,500 against an estimated after-repair value (ARV) of $410,000. With an estimated rehab budget of $60,000, the deal offers a potential spread of approximately $69,500 before financing and closing costs. The property is vacant, allowing for immediate access and a faster renovation timeline. This off-market listing is well suited for investors seeking a single-family rehab project with clear upside in a established Pacific Northwest market.

Built in 1975, this single-family home offers 988 sqft of living space with 3 bedrooms and 1.5 bathrooms. The property sits on a generously sized 11,803 sqft lot and includes a 2-car garage, providing room for storage, parking, or future expansion. The home is currently vacant, which allows a buyer to begin renovation work without tenant coordination or delay. As an older property, it is being offered as-is and is expected to require a full interior and possibly systems-level rehab to reach modern market standards and support its estimated after-repair value.
| Location | Hannibal, MO |
|---|---|
| Property type | Duplex–fourplex |
| Bedrooms | 2 bed/1 bath & 1 bed/1 bath (unit mix) |
| Bathrooms | 1 |
| Occupancy | tenant occupied (2 of 4 units) |
| Strategy | Multifamily |
| Asking price | $137,700 |
The property is offered at $280,500 with an estimated after-repair value of $410,000 and an estimated rehab budget of $60,000, producing a potential spread of approximately $69,500 before financing and closing costs. These figures are estimates and should be independently verified by the buyer through inspection and local contractor bids before finalizing an offer. Fix & flip financing is available through Win-Win to qualified borrowers, which can be used to fund both the acquisition and renovation budget.
The property requires a full rehab to bring it up to current market standards, with an estimated renovation budget of $60,000. Given the home's age (built 1975) and vacant status, buyers should anticipate updates to kitchens, bathrooms, flooring, paint, and fixtures, along with inspection of major systems such as roof, plumbing, electrical, and HVAC. Exterior and lot improvements may also be considered given the sizable 11,803 sqft parcel. Final scope and budget should be confirmed through a buyer's own inspection and contractor estimates prior to closing.
Estimates only. Financing figures use Win-Win Capital Funding's published program limits and assume a qualified buyer; actual terms depend on credit, experience and appraisal.
The property is located in Vancouver, WA, part of the broader Pacific Northwest region just north of the Columbia River. Vancouver offers a mix of established single-family neighborhoods that continue to attract renovation and resale activity. The 11,803 sqft lot size is notable for the area and may appeal to buyers and future residents seeking additional outdoor space. As with any rehab investment, buyers are encouraged to review current local market conditions and comparable sales independently to confirm demand for renovated single-family homes in this specific submarket.
The estimated ARV of $410,000 is based on market expectations for renovated single-family homes of comparable size and lot in the Vancouver, WA area. Buyers should independently verify this estimate using recent comparable sales data for fully renovated 3-bedroom homes in the surrounding submarket before finalizing their investment analysis.
This property is offered as-is, with no repairs made by the seller. Interested investors should submit a written offer along with proof of funds or a pre-qualification letter. Fix & flip financing is available through Win-Win for qualified buyers to cover both acquisition and estimated rehab costs. Buyers are encouraged to act promptly, as this off-market opportunity is expected to generate strong investor interest.