Duplex Portfolio with Ten
13003 Northeast 25th Street Vancouver, WA 98682
13003 Northeast 25th Street, Vancouver, WA, 98682
$3,950,000
For Sale
$3,950,000
Five duplexes totaling ten leased units within a town-home community with exterior maintenance through the HOA.
Property Size15,390 SF
Price / SF$256.66
Days on Market180
Property Features for 13003 Northeast 25th Street
General Information
- Standard status
- Active
- Size
- 15,390 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2008
Listing Agency
Windermere Northwest Living
(360) 903-6085
Listed by
Rick Jenkins · License #26617
(360) 903-6085
Source
Compass
Added: Jan 22 Updated: Jul 20 at 5:35 pm Checked: Jul 20 at 5:35 pm
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
Investment Insights
Based on property information with market context.
This offering includes a portfolio of five duplexes totaling ten residential units, all currently leased. Several units have been updated with new flooring, interior paint, and appliances, and the property is described as being in good condition throughout.
The duplexes are located within a well-maintained town-home community. For ownership convenience, exterior maintenance is provided through the HOA, including building exteriors, landscaping/yards, and sewer.
For financing, the properties were combined at the county level by consolidating tax lots, and this sale includes all ten units.
The duplexes are located within a well-maintained town-home community. For ownership convenience, exterior maintenance is provided through the HOA, including building exteriors, landscaping/yards, and sewer.
For financing, the properties were combined at the county level by consolidating tax lots, and this sale includes all ten units.
Key Highlights
- Portfolio of five duplexes totaling 10 residential units, all currently leased
- HOA provides exterior maintenance including building exteriors, landscaping/yards, and sewer
- 2008 construction with 2‑story layout; concrete perimeter and stem wall foundation; crawl space basement
Local 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 | $308.4k | $20.04 |
| − Vacancy | −$14.6k | −$0.95 |
| EGI | $293.8k | $19.09 |
| − OpEx | −$88.1k | −$5.73 |
| NOI | $205.6k | $13.36 |
15,390 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.94M
$2.57M – $3.43M
NOI $205,636 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$2.55M
$2.23M – $2.98M
NOI $178,516 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$3.77M
$3.29M – $4.39M
NOI $263,585 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Five duplexes totaling ten leased units within a town-home community with exterior maintenance through the HOA.
Where is this duplex located?
The property is located at 13003 Northeast 25th Street Vancouver, WA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: Portfolio of five duplexes totaling 10 residential units, all currently leased; HOA provides exterior maintenance including building exteriors, landscaping/yards, and sewer; 2008 construction with 2‑story layout; concrete perimeter and stem wall foundation; crawl space basement
