Vancouver Multifamily Property For
15813 SE 1ST St Vancouver, WA 98684
15813 SE 1ST St, Vancouver, WA, 98684
$615,000
For Sale
$615,000
MULTI_FAMILY - Vancouver, WA
Property Size2,096 SF
Price / SF$293.42
Days on Market336
Property Features for 15813 SE 1ST St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-9
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bathroom 1
- Standard status
- Active
- APN
- 115301151
- Size
- 2,096 SF
Taxes and HOA fees
- Tax Description
- CAMELOT CREST #2 #2 LOT 45 & #1 LOT 44 FOR ASSESSOR USE ONLY LOTS
- Tax Annual Amount
- 4511
Building Details
- Year built
- 1976
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Composition
Listing agency
Location Realty
(360) 718-2998
Listed by
Gary Koppert
(360) 521-3659
Added: Aug 22, 2025 Updated: Jul 11 at 9:34AM Checked: Jul 23 at 2:06AM
MLS# 220901166
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property is located in Vancouver, WA. The property has been freshly painted and includes a large backyard and a single-car garage. The property is zoned R-9 and has a size of 2096 square feet.
Key Highlights
- Built in 1976
- Composition roof
- Freshly painted
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.0k | $20.04 |
| − Vacancy | −$2.0k | −$0.95 |
| EGI | $40.0k | $19.09 |
| − OpEx | −$12.0k | −$5.73 |
| NOI | $28.0k | $13.36 |
2,096 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$400.1K
$350.1K – $466.8K
NOI $28,006 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$347.3K
$303.9K – $405.2K
NOI $24,313 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$512.8K
$448.7K – $598.3K
NOI $35,898 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Multifamily property in Vancouver, WA, featuring a large backyard.
Where is this duplex located?
The property is located at 15813 SE 1ST St Vancouver, WA.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Built in 1976; Composition roof; Freshly painted
