Duplex with Updated
For Sale
$649,900
1068 9th St, Washougal, WA 98671
The main residence includes an upstairs full bath and a compact cooking area.
Property Size2,144 SF
Price / SF$303.13
Days on Market63
Property Features for 1068 9th St
General Information
Standard status
Active
Size
2,144 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Zoning
R1-7.5
Taxes and HOA fees
Annual Taxes
$2,777
Amenities
coved ceilings
hardwood floors
updated kitchen
Building Details
Building Size
2,144 SF
Year Built
1947
Stories
2
Units
2
Listing Agency:
Premiere Property Group, LLC
(360) 693-6139
Listed By:
Steve Lloid
(360) 921-7959
Source:
Eaglecaprealty
Added: Aug 28
Changed: Oct 25
Last Checked: Oct 26 at 3:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premiere Property Group, LLC
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Investment Insights
Based on property information with market context.
This 2,144-square-foot duplex was built in 1947 and features hardwood floors and coved ceilings. An updated kitchen serves the main residence, while its upper level has a full bath and a small cooking area. The two-unit configuration allows for separate living and rental use. The property is zoned R1-7.5.
Key Highlights
- 2,144 square feet
- Built in 1947
- Hardwood floors and coved ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,933
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,660
$558.7K
Cap Rate 7%
$399,043
$399.0K
Cap Rate 9%
$310,367
$310.4K
Market Conditions
NOI Build-Up for 2,144 SF
Gross rent
$42.5K $19.80/SF
− Vacancy
−$2.5K −$1.19/SF
EGI
$39.9K $18.61/SF
− OpEx
−$12.0K −$5.58/SF
NOI
$27.9K $13.03/SF
Area
Clark County, WA
Vacancy
6.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,660
Cap Rate 7%
$399,043
Cap Rate 9%
$310,367
Alternative Uses
Best Use
Multifamily LT 5
$399.0K
$349.2K – $465.6K
NOI $27,933 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$372.6K
$326.0K – $434.7K
NOI $26,079 @ 7.0% cap · market cap 4.01%
Theoretical Best
Specialty Retail
$522.3K
$457.0K – $609.4K
NOI $36,563 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
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Business Placement
Demographics for 98671, WA
24,857
Population
9,090
Households
2.7
Avg Household Size
42
Median Age
30%
College-Educated
94%
High-School Grad
81.1 sq mi
ZIP Area
306
Density / Sq Mi
$104,498
Median Household Income
$51,722
Median Earnings
$1,566
Median Rent
$532,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The main residence includes an upstairs full bath and a compact cooking area.
Where is this duplex located?
The property is located at 1068 9th St Washougal, WA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 2,144 square feet; Built in 1947; Hardwood floors and coved ceilings
