Updated Duplex with Hardwood
For Sale
$649,900
1068 9TH St, Washougal, WA 98671
MultiFamily, Washougal, WA
Property Size2,144 SF
Price / SF$303.13
Days on Market52
Property Features for 1068 9TH St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1-7.5
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4
Elementary school
Hathaway
Middle school
Jemtegaard
High school
Washougal
Directions
From River rd exit off 14 go west on E st to 12th st.noto 1stwest to 9th st and property
Subdivision
_33
Standard status
Active
APN
075358689
Size
2,144 SF
Taxes and HOA fees
Tax Description
MIDLAND ACRES #3 LOT 15 BLOCK 5 FOR ASSESSOR USE ONLY BEGINNING A
Tax Annual Amount
2778
Legal Description
MIDLAND ACRES #3 LOT 15 BLOCK 5 FOR ASSESSOR USE ONLY BEGINNING A
Utilities
Heating system
Ductless (Heating), Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1947
Floors in Building
2
Number of units
2
Roof type
Composition
Listing Agency:
Premiere Property Group, LLC
(360) 693-6139
Listed By:
Steve Lloid
(360) 921-7959
Added: Aug 28
Changed: Oct 13
Last Checked: Oct 18 at 4:06AM
MLS# 655646114
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,144-square-foot duplex was built in 1947 and includes four bedrooms and three bathrooms. Interior features include hardwood flooring, coved ceilings, and an updated kitchen. The upper level of the main residence also has a full bathroom and a compact cooking area, adding flexibility to the layout.
Heating is provided by a heat pump and ductless systems, while central air serves the property. A composition roof completes the exterior improvements. Zoned R1-7.5, the property offers a configuration that can accommodate living in one side while leasing the other, subject to applicable requirements.
Heating is provided by a heat pump and ductless systems, while central air serves the property. A composition roof completes the exterior improvements. Zoned R1-7.5, the property offers a configuration that can accommodate living in one side while leasing the other, subject to applicable requirements.
Key Highlights
- 2,144 SF duplex built in 1947
- Four bedrooms and three bathrooms
- Updated kitchen with 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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - R1-7.5 zoning, central air, and flexible living arrangements support the property’s two-unit configuration.
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 SF duplex built in 1947; Four bedrooms and three bathrooms; Updated kitchen with hardwood floors and coved ceilings
