Back to Search
Duplex with Private Fenced Yards

2811 CAPLES Ave Vancouver, WA 98661

New
2811 CAPLES Ave, Vancouver, WA, 98661
$450,000
For Sale
$450,000

MULTI_FAMILY - Vancouver, WA

Property Size1,585 SF
Lot Size0.12 Acres
Price / SF$283.91
Days on Market2

Property Features for 2811 CAPLES Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-18
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 1
Standard status
Active
APN
030251232
Size
1,585 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Description
LORRIES LOTS LOT 6 FOR ASSESSOR USE ONLY LORRIES LOTS LOT 6
Tax Annual Amount
3668

Utilities

Heating system
Baseboard

Building Details

Year built
1972
Floors in Building
1
Number of units
3
Roof type
Composition
Listing Agency Coldwell Banker United Brokers
1710 W Main Street Ste 110, Battle Ground, WA
Listed by Matthew Bailey
Added: Jul 16 Checked: Jul 17 at 12:06 pm
MLS# 385087206 Listing URL

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 duplex offers two separate units, each featuring two bedrooms and one bathroom, along with a private fenced yard. The property has newer flooring and a newer roof. Both units are currently occupied by the same tenants for more than three years.

Located at 2811 CAPLES Ave in Vancouver, WA, the duplex is described as being in Bagley Downs and near a community swimming center and park.

Zoned R-18. Lot size is listed as 0.12 acres, and the property size is listed as 1,585 square feet.

Key Highlights

  • Duplex built in 1972 in Bagley Downs
  • 2‑bed, 1‑bath layout in each unit with a private fenced yard
  • Newer flooring

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 $31.8k $20.04
− Vacancy −$1.5k −$0.95
EGI $30.3k $19.09
− OpEx −$9.1k −$5.73
NOI $21.2k $13.36
1,585 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$302.5K
$264.7K – $353.0K (±1% cap)
NOI $21,178 @ 7.0% cap · market cap 4.71%
Second Best
Apartment 5plus
$262.6K
$229.8K – $306.4K (±1% cap)
NOI $18,385 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$387.8K
$339.3K – $452.4K (±1% cap)
NOI $27,146 @ 7.0% cap · market cap 6.03%
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

Real Estate Agency Dental Office Law Firm Hair Salon Skin Care Clinic Parking Lot & Garage Nail Salon Hotel & Motel Barber Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two 2-bedroom, 1-bath units each include a private fenced yard, with newer flooring and a newer roof.
Where is this duplex located?
The property is located at 2811 CAPLES Ave Vancouver, WA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Duplex built in 1972 in Bagley Downs; 2‑bed, 1‑bath layout in each unit with a private fenced yard; Newer flooring
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message