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Occupied Duplex Investment

2027 THOMPSON Ave Vancouver, WA 98660

2027 THOMPSON Ave, Vancouver, WA, 98660
$475,000
For Sale
$475,000

MULTI_FAMILY - Vancouver, WA

Property Size1,560 SF
Lot Size0.12 Acres
Price / SF$304.49
Days on Market97

Property Features for 2027 THOMPSON Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-9
Bedrooms
2
Bathrooms
1
Rooms
Bedroom 1, Bathroom 1, Bedroom 2
Standard status
Active
APN
062335000
Size
1,560 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Description
HOME ADDN LOT 3 BLK 6 FOR ASSESSOR USE ONLY HOME ADDN LOT 3 BLK 6
Tax Annual Amount
4261

Utilities

Heating system
Baseboard

Building Details

Year built
1974
Floors in Building
1
Number of units
2
Listing agency Premiere Property Group, LLC
Listed by Tracy Owen
Added: Apr 17 Updated: Jul 22 at 2:20PM Checked: Jul 22 at 6:06PM
MLS# 676117182

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 well-maintained duplex offers two separate units, with both units currently occupied. The property is described as consistently cared for and presents a comfortable residential layout in each unit. An offer will be subject to interior inspection, and prospective buyers are asked not to disturb the tenants.

The duplex is located at 2027 THOMPSON Ave in Vancouver, WA 98660, in Clark County. The listed zoning is R-9.

The property is listed for sale as a residential income duplex and totals 1,560 square feet.

Key Highlights

  • Well‑maintained duplex built in 1974
  • Two units currently occupied
  • Heating: baseboard

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 $31.3k $20.04
− Vacancy −$1.5k −$0.95
EGI $29.8k $19.09
− OpEx −$8.9k −$5.73
NOI $20.8k $13.36
1,560 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$297.8K
$260.6K – $347.4K (±1% cap)
NOI $20,844 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$258.5K
$226.2K – $301.6K (±1% cap)
NOI $18,095 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$381.7K
$334.0K – $445.3K (±1% cap)
NOI $26,718 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store Catering Service Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex with both units currently occupied in Vancouver, Washington.
Where is this duplex located?
The property is located at 2027 THOMPSON Ave Vancouver, WA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1974; Two units currently occupied; Heating: baseboard
Contact an agent
More about this property
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