2308 NE Minnehaha St, Vancouver, WA 98665


Property Overview & Purchase Structure

2308 NE Minnehaha St, Vancouver, WA 98665
Portion of Lot 99430000

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The portion being offered for sale is a clearly defined 1.5-acre section of Lot 99430000. The area has been identified at three reference points and is approximately 292 feet deep by 224 feet wide. The sale will include an easement for access to the properties located to the north. There is also an existing 60-foot easement along the east side of Lot 99430000, although use of that full easement may not be necessary if a smaller easement can provide suitable access to the property.
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This is a rare opportunity to acquire a close-in 1.5-acre vacant land site in Vancouver, Washington, just 8 minutes from Portland, with access to utilities on Minnehaha Street and strong residential development potential.

The property is located within R-6 zoning. Based on a preliminary zoning read, the site may support approximately 7–9 units under base zoning. If the parcel qualifies under Vancouver infill standards, there may be potential for more than 9 units, possibly into the low teens, subject to frontage, access, setbacks, stormwater requirements, critical areas, utility layout, and final subdivision design.
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Potential Uses in R-6 Zoning:

  • Single-family detached homes permitted

  • ADUs possible as a limited use

  • Duplexes possible as a limited use

  • Apartments / traditional multifamily not permitted under base R-6 zoning

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Purchase Price & Purchase Structure
Seller Finance / Land Sale Contract

  • Purchase Price: $1,200,000

  • Down Payment: $200,000

  • Seller-Carry Balance: $1,000,000

  • Interest Rate: 6.5%

  • Monthly Payment: $6,320.68 (based on 30-year amortization)

  • Balloon Term: 15 years

  • Deferred Payments: First 12 months deferred for stabilization

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Proposed Structure Summary:
The transaction is being offered as a Seller Finance / Land Sale Contract with a purchase price of $1,200,000 and $200,000 down. The remaining $1,000,000 would be seller-financed at 6.5% interest, with payments based on a 30-year amortization schedule and a 15-year balloon. Monthly payments are projected at approximately $6,320.68, with the first 12 months of payments deferred to allow time for stabilization and development planning.
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Vancouver Infill Land Opportunity | Seller Financing Available

For additional information or to discuss the opportunity in more detail, please contact:
Ronald Exconde
Exconde Realty Solutions LLC
(503) 908-3376
ronald@exconderealtysolutions.com