Duplex with Fenced
For Sale
$519,900
1107 E 30th St, Vancouver, WA 98663
Two fully leased units offer private outdoor space, storage areas, and tenant washer and dryer hookups.
Property Size1,920 SF
Price / SF$270.78
Days on Market50
Property Features for 1107 E 30th St
General Information
Standard status
Active
Size
1,920 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Rose Village
Public Transit
Yes
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Additional Details
Gross Income
$44,988
Amenities
washer and dryer hookups
fenced backyards
patios
separate storage areas
Building Details
Year Built
1971
Buildings
1
Tenancy
Multi
Listing Agency:
Harcourts Real Estate Network Group
Listed By:
John McClung · License #940300096
(503) 807-5711
Source:
Foxrealestategroups
Added: Sep 6
Changed: Oct 6
Last Checked: Oct 5 at 10:38PM
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 Harcourts Real Estate Network Group
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Investment Insights
Based on property information with market context.
This 1,920-square-foot duplex, built in 1971, contains two residential units of approximately 960 square feet each. Every unit includes three bedrooms, one full bathroom, washer and dryer hookups, a private patio, and an oversized fenced backyard with separate storage. The property is currently 100% occupied, with leases extending through 10/31/2027 and 3/10/2027.
Set on a corner lot in Vancouver, the property is near shopping, restaurants, public transportation, and everyday amenities. The current expense arrangement has the landlord paying water, sewer, and garbage, while tenants handle the remaining utilities and expenses. The configuration combines established occupancy with practical tenant features and separate outdoor areas for each unit.
Set on a corner lot in Vancouver, the property is near shopping, restaurants, public transportation, and everyday amenities. The current expense arrangement has the landlord paying water, sewer, and garbage, while tenants handle the remaining utilities and expenses. The configuration combines established occupancy with practical tenant features and separate outdoor areas for each unit.
Key Highlights
- Two‑unit duplex totaling 1,920 SF
- Each unit offers 3 bedrooms, 1 full bathroom, and approximately 960 sq. ft.
- 100% occupied with leases extending through 10/31/2027 and 3/10/2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,654
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,080
$513.1K
Cap Rate 7%
$366,486
$366.5K
Cap Rate 9%
$285,044
$285.0K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$38.5K $20.04/SF
− Vacancy
−$1.8K −$0.95/SF
EGI
$36.6K $19.09/SF
− OpEx
−$11.0K −$5.73/SF
NOI
$25.7K $13.36/SF
Area
Vancouver, WA
Vacancy
4.75%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,080
Cap Rate 7%
$366,486
Cap Rate 9%
$285,044
Alternative Uses
Best Use
Multifamily LT 5
$366.5K
$320.7K – $427.6K
NOI $25,654 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$318.2K
$278.4K – $371.2K
NOI $22,271 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$469.8K
$411.1K – $548.1K
NOI $32,884 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,503
Businesses Nearby
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Business Placement
Demographics for 98663, WA
15,188
Population
6,753
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,704
Density / Sq Mi
$84,590
Median Household Income
$47,747
Median Earnings
$1,538
Median Rent
$430,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two fully leased units offer private outdoor space, storage areas, and tenant washer and dryer hookups.
Where is this duplex located?
The property is located at 1107 E 30th St Vancouver, WA.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,920 SF; Each unit offers 3 bedrooms, 1 full bathroom, and approximately 960 sq. ft.; 100% occupied with leases extending through 10/31/2027 and 3/10/2027
