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Vancouver Duplex Near I-5

3709 M St Vancouver, WA 98663

3709 M St, Vancouver, WA, 98663
$600,000
For Sale
Claim this Listing
$600,000

MULTI_FAMILY - Vancouver, WA

Property Size1,724 SF
Lot Size0.13 Acres
Price / SF$348.03
AddedMay 4
Days on Market73
Last RefreshJul 15 at 2:06 pm

Property Features for 3709 M St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-9
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2
Standard status
Active
APN
019120000
Size
1,724 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Description
LAYS SUB DIV LOT 15 BLK 11 FOR ASSESSOR USE ONLY LAYS SUB DIV LOT
Tax Annual Amount
4197

Utilities

Heating system
Forced Air

Building Details

Year built
1965
Floors in Building
1
Number of units
2

Listing agent Amy Asivido

Listing office Keller Williams Realty 2211 E Mill Plain Blvd, Vancouver, WA

Listing date May 4, 2026

MLS# 710939001 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 is located in Vancouver, WA, and offers convenient access to I-5, Clark College, downtown employment centers, restaurants, and shopping. Each single-level unit features 2 bedrooms and 1 bathroom, updated hard-surface flooring, refrigerator, and washer/dryer hookups. The property has practical, comfortable layouts. Recent upgrades include new flooring and subfloor work, full interior paint, plumbing updates, and some newer appliances. The property offers four dedicated off-street parking spaces behind the building, along with additional parking available in front. Two electrical panels were replaced in May 2023. The property sits on a lot of 0.13 acres. The property is zoned R-9. The property size is 1724 square feet.

Key Highlights

  • Duplex with two single‑level units; each unit has 2 bedrooms and 1 bathroom.
  • Recent upgrades include new flooring and subfloor work, full interior paint, and plumbing updates.
  • Includes updated hard‑surface flooring plus refrigerator and washer/dryer hookups in each unit.

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 $34.5k $20.04
− Vacancy −$1.6k −$0.95
EGI $32.9k $19.09
− OpEx −$9.9k −$5.73
NOI $23.0k $13.36
1,724 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$329.1K
$288.0K – $383.9K (±1% cap)
NOI $23,036 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$285.7K
$250.0K – $333.3K (±1% cap)
NOI $19,998 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$421.8K
$369.1K – $492.1K (±1% cap)
NOI $29,527 @ 7.0% cap · market cap 4.92%
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

HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store Food Market Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Duplex - Well-located duplex with easy access to amenities and I-5.
Where is this duplex located?
The property is located at 3709 M St Vancouver, WA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Duplex with two single‑level units; each unit has 2 bedrooms and 1 bathroom.; Recent upgrades include new flooring and subfloor work, full interior paint, and plumbing updates.; Includes updated hard‑surface flooring plus refrigerator and washer/dryer hookups in each unit.
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More about this property
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