Remodeled Duplex with Fenced
908 Pioneer Ridgefield, WA 98642
New
For Sale
$625,000
MULTI_FAMILY - Ridgefield, WA
Property Size2,816 SF
Price / SF$221.95
Days on Market2
Property Features for 908 Pioneer
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RMD-16
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 6
- Standard status
- Active
- APN
- Not Found
- Size
- 2,816 SF
Taxes and HOA fees
- Tax Description
- See Legal attached
- Tax Annual Amount
- 4640
Building Details
- Year built
- 1991
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing Agency:
Knipe Realty ERA Powered
(360) 567-0164
Listed By:
Dineve Ramirez
(503) 729-0065
Added: Jul 22
Changed: Jul 23
Last Checked: Jul 23 at 12:06PM
MLS# 101327724
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 for-sale duplex at 908 Pioneer includes two remodeled, single-story units. Each unit offers three bedrooms and updates such as newer luxury vinyl plank flooring, baseboards, countertops, and newer appliances. Outside, the property includes fenced yards, covered parking, and additional off-street parking.
The duplex is zoned RMD-16 and is positioned for convenient access to downtown Ridgefield and everyday shopping and dining, including nearby Costco and Rosauers, as well as local boutiques and restaurants.
Financing is listed as cash or non-QM only. Please do not disturb tenants.
The duplex is zoned RMD-16 and is positioned for convenient access to downtown Ridgefield and everyday shopping and dining, including nearby Costco and Rosauers, as well as local boutiques and restaurants.
Financing is listed as cash or non-QM only. Please do not disturb tenants.
Key Highlights
- Hard‑to‑find duplex with two remodeled single‑story units
- Each unit offers 3 bedrooms (6 total bedrooms) and 2 bathrooms in the property
- Updates include new luxury vinyl plank flooring, baseboards, countertops, and newer appliances
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 | $55.8k | $19.80 |
| − Vacancy | −$3.3k | −$1.19 |
| EGI | $52.4k | $18.61 |
| − OpEx | −$15.7k | −$5.58 |
| NOI | $36.7k | $13.03 |
2,816 SF · lease $19.80/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$524.1K
$458.6K – $611.5K
NOI $36,688 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$489.3K
$428.2K – $570.9K
NOI $34,253 @ 7.0% cap · market cap 5.48%
Theoretical Best
Specialty Retail
$686.0K
$600.3K – $800.4K
NOI $48,023 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two remodeled single-story units each offer three bedrooms and updated finishes, plus fenced yards and covered parking.
Where is this duplex located?
The property is located at 908 Pioneer Ridgefield, WA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Hard‑to‑find duplex with two remodeled single‑story units; Each unit offers 3 bedrooms (6 total bedrooms) and 2 bathrooms in the property; Updates include new luxury vinyl plank flooring, baseboards, countertops, and newer appliances
