Townhome-Style Duplex with
For Sale
$725,000
11912 SE 7TH ST, Vancouver, WA 98683
Two separately configured residences offer private outdoor areas, individual laundry spaces, and attached parking in Cascade Park.
Property Size2,976 SF
Days on Market101
Property Features for 11912 SE 7TH ST
General Information
Standard status
Active
Size
2,976 SF
Total Parking Spaces
4
Property subtype
MULTI_FAMILY
Units
Unit Mix
1 x 3BR/2.5BA, 1 x 2BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,896
Amenities
private fenced backyards
dedicated laundry spaces
Building Details
Building Size
2,976 SF
Year Built
1987
Buildings
1
Listing Agency:
Windermere Northwest Living
Listed By:
Dale Chumbley
(360) 260-3253
Source:
Eleeterealestate
Added: Jul 10
Changed: Oct 16
Last Checked: Oct 16 at 2:34PM
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 Windermere Northwest Living
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Investment Insights
Based on property information with market context.
Built in 1987, this townhome-style duplex contains 2,976 square feet across two separately arranged residences. Unit 1 measures approximately 1,536 square feet with 3 bedrooms and 2.5 bathrooms, while Unit 2 measures approximately 1,440 square feet with 2 bedrooms and 2.5 bathrooms. Each layout places the living room, kitchen, dining area, and half bath on the main level, with bedrooms and full bathrooms upstairs.
Both residences include dedicated laundry areas, forced-air heating, low-maintenance vinyl siding, attached two-car garages, and fenced backyards finished with easy-care turf. Long-term tenants are in place. The property is located near shopping, restaurants, parks, and schools, with freeway access nearby. The address is 11912 SE 7th St, Vancouver, WA 98683, in the Cascade Park area.
Both residences include dedicated laundry areas, forced-air heating, low-maintenance vinyl siding, attached two-car garages, and fenced backyards finished with easy-care turf. Long-term tenants are in place. The property is located near shopping, restaurants, parks, and schools, with freeway access nearby. The address is 11912 SE 7th St, Vancouver, WA 98683, in the Cascade Park area.
Key Highlights
- 2,976‑square‑foot duplex built in 1987
- Unit 1: approximately 1,536 square feet, 3 bedrooms, and 2.5 bathrooms
- Unit 2: approximately 1,440 square feet, 2 bedrooms, and 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,764
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,280
$795.3K
Cap Rate 7%
$568,057
$568.1K
Cap Rate 9%
$441,822
$441.8K
Market Conditions
NOI Build-Up for 2,976 SF
Gross rent
$59.6K $20.04/SF
− Vacancy
−$2.8K −$0.95/SF
EGI
$56.8K $19.09/SF
− OpEx
−$17.0K −$5.73/SF
NOI
$39.8K $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%
$795,280
Cap Rate 7%
$568,057
Cap Rate 9%
$441,822
Alternative Uses
Best Use
Multifamily LT 5
$568.1K
$497.1K – $662.7K
NOI $39,764 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$493.1K
$431.5K – $575.3K
NOI $34,520 @ 7.0% cap · market cap 4.76%
Theoretical Best
Office A
$728.1K
$637.1K – $849.5K
NOI $50,970 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,361
Businesses Nearby
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Business Placement
Demographics for 98683, WA
33,884
Population
14,352
Households
2.4
Avg Household Size
42
Median Age
42%
College-Educated
94%
High-School Grad
7.3 sq mi
ZIP Area
4,642
Density / Sq Mi
$83,821
Median Household Income
$47,862
Median Earnings
$1,783
Median Rent
$501,500
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 separately configured residences offer private outdoor areas, individual laundry spaces, and attached parking in Cascade Park.
Where is this duplex located?
The property is located at 11912 SE 7TH ST Vancouver, WA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2,976‑square‑foot duplex built in 1987; Unit 1: approximately 1,536 square feet, 3 bedrooms, and 2.5 bathrooms; Unit 2: approximately 1,440 square feet, 2 bedrooms, and 2.5 bathrooms
