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1403 Northeast 65th Street, Vancouver, WA, 98665
Remodeled Duplex with Attached Garage

1403 Northeast 65th Street Vancouver, WA 98665

For Sale
$575,000

Fully remodeled duplex offering separate interior access, two wood-burning features, vinyl windows, and a fenced, terraced yard.

Property Size2,160 SF
Price / SF$266.20
Days on Market103

Property Features for 1403 Northeast 65th Street

General Information

Standard status
Active
Size
2,160 SF
Property subtype
Multi Family

Building Details

Year Built
1956
Listing Agency: Redfin
Listed By: Kelly Primerano · License #138609
Source: Compass
Added: Apr 16 Changed: Jul 23 Last Checked: Jul 23 at 7:53AM

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 Redfin


Investment Insights

Based on property information with market context.

This fully remodeled duplex includes extensive updates throughout, highlighted by a newer roof installed about three years ago. Interior improvements include updated plumbing and electrical systems and vinyl windows installed throughout. The upper unit offers three bedrooms and an attached one-car garage, along with a wood-burning stove and open sightlines with elevated views.

The lower unit features two bedrooms, a wood-burning fireplace, and both exterior access and additional interior access through the garage.

Set on a large lot, the property includes a terraced yard with full fencing, providing usable outdoor space and added privacy.

Key Highlights

  • Fully remodeled 2‑story duplex with separate interior access and a daylight basement
  • Upper unit: 3 bedrooms with an attached one‑car garage, wood‑burning stove, and open sightlines with elevated views
  • Lower unit: 2 bedrooms with a wood‑burning fireplace and exterior access plus interior access through the garage

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 $43.3k $20.04
− Vacancy −$2.1k −$0.95
EGI $41.2k $19.09
− OpEx −$12.4k −$5.73
NOI $28.9k $13.36
2,160 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$412.3K
$360.8K – $481.0K (±1% cap)
NOI $28,861 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$357.9K
$313.2K – $417.6K (±1% cap)
NOI $25,055 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$528.5K
$462.4K – $616.6K (±1% cap)
NOI $36,994 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Furniture & Home Goods Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Catering Service Grocery & Convenience Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully remodeled duplex offering separate interior access, two wood-burning features, vinyl windows, and a fenced, terraced yard.
Where is this duplex located?
The property is located at 1403 Northeast 65th Street Vancouver, WA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Fully remodeled 2‑story duplex with separate interior access and a daylight basement; Upper unit: 3 bedrooms with an attached one‑car garage, wood‑burning stove, and open sightlines with elevated views; Lower unit: 2 bedrooms with a wood‑burning fireplace and exterior access plus interior access through the garage
More about this property
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