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Well-Cared-For Duplex with Attached Garages
New
For Sale
$529,900

1101 NE 142ND AVE, Vancouver, WA 98684

Two bed, one bath duplex units with attached garages and fenced backyards, built in 1977.

Days on Market4

Property Features for 1101 NE 142ND AVE

General Information

Standard status Active
Property subtype MULTI_FAMILY

Building Details

Building Size 1,570 SF
Year Built 1977
Listing Agency: FBR Realty, Inc.
Listed By: Travis Glendenning
Source: Eleeterealestate
Added: Jul 28 Changed: Jul 31 Last Checked: Jul 31 at 6:38AM

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 FBR Realty, Inc.

Investment Insights

Based on property information with market context.

This well-cared-for duplex offers two bed, one bath attached-garage units. Each unit includes a fenced backyard, supporting outdoor privacy and everyday convenience. The property has seen some updates within the past 10 years and is currently home to long-time tenants.

The duplex is located at 1101 NE 142ND AVE in Vancouver, WA 98684. Built in 1977, it presents a straightforward residential income configuration for buyers seeking a two-unit setup with attached parking and yard space.

With its consistent unit layout and on-site outdoor areas, the property is designed for tenant usability and practical day-to-day living.

Key Highlights

  • Duplex with two bed, one bath attached‑garage units
  • Fenced backyards for tenant use
  • Some updates completed within the past 10 years

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 $31.5k $20.04
− Vacancy −$1.5k −$0.95
EGI $30.0k $19.09
− OpEx −$9.0k −$5.73
NOI $21.0k $13.36
1,570 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$299.7K
$262.2K – $349.6K (±1% cap)
NOI $20,978 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$260.2K
$227.6K – $303.5K (±1% cap)
NOI $18,211 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$384.1K
$336.1K – $448.2K (±1% cap)
NOI $26,889 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Barber Shop Gym & Fitness Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby

Demographics for 98684, WA

33,659
Population
14,355
Households
2.3
Avg Household Size
37
Median Age
29%
College-Educated
90%
High-School Grad
7.1 sq mi
ZIP Area
4,741
Density / Sq Mi
$88,044
Median Household Income
$48,108
Median Earnings
$1,847
Median Rent
$442,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two bed, one bath duplex units with attached garages and fenced backyards, built in 1977.
Where is this duplex located?
The property is located at 1101 NE 142ND AVE Vancouver, WA.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Duplex with two bed, one bath attached‑garage units; Fenced backyards for tenant use; Some updates completed within the past 10 years
More about this property
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