Tri-Plex with Attached
14017 Northeast 14th Circle Vancouver, WA 98684
14017 Northeast 14th Circle, Vancouver, WA, 98684
$799,900
For Sale
$799,900
Well-maintained tri-plex offering three units, each with in-unit washers and dryers, plus attached garages and a shared backyard.
Property Size3,816 SF
Price / SF$209.62
Days on Market76
Property Features for 14017 Northeast 14th Circle
General Information
- Standard status
- Active
- Size
- 3,816 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1979
Listing agency
Southwest Washington Realty
(360) 464-1620
Listed by
John Novak · License #17163
(360) 464-1620
Source
Compass
Added: May 8 Updated: Jul 21 at 9:09PM Checked: Jul 21 at 9:09PM
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 Southwest Washington Realty
Investment Insights
Based on property information with market context.
This well-maintained tri-plex includes three separate residential units, each with practical, tenant-friendly layouts. Units are equipped with in-unit washers and dryers and come with attached garages. The property also features a large shared backyard, providing additional outdoor space for residents.
Located at 14017 Northeast 14th Circle in Vancouver, WA, the property is positioned for convenient daily access, with quick access to I-205 and proximity to shopping, dining, and schools.
Overall, the building presents a professionally maintained, owner-managed configuration with ongoing upkeep and a proven rental history noted in the seller’s remarks.
Located at 14017 Northeast 14th Circle in Vancouver, WA, the property is positioned for convenient daily access, with quick access to I-205 and proximity to shopping, dining, and schools.
Overall, the building presents a professionally maintained, owner-managed configuration with ongoing upkeep and a proven rental history noted in the seller’s remarks.
Key Highlights
- 1979‑built 2‑story tri‑plex with slab foundation and composition roof
- Three rental units on one parcel, providing three income streams
- Each unit includes in‑unit washer and dryer
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 | $76.5k | $20.04 |
| − Vacancy | −$3.6k | −$0.95 |
| EGI | $72.8k | $19.09 |
| − OpEx | −$21.9k | −$5.73 |
| NOI | $51.0k | $13.36 |
3,816 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$728.4K
$637.4K – $849.8K
NOI $50,988 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$632.3K
$553.3K – $737.7K
NOI $44,264 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$933.7K
$817.0K – $1.09M
NOI $65,357 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Well-maintained tri-plex offering three units, each with in-unit washers and dryers, plus attached garages and a shared backyard.
Where is this triplex located?
The property is located at 14017 Northeast 14th Circle Vancouver, WA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 1979‑built 2‑story tri‑plex with slab foundation and composition roof; Three rental units on one parcel, providing three income streams; Each unit includes in‑unit washer and dryer
