Duplex with Independent
For Sale
$799,900
1530 Northwest 29th Place, Battle Ground, WA 98604
Nearly new duplex combining a spacious primary residence with a separate, tenant-occupied accessory dwelling unit.
Property Size2,823 SF
Price / SF$283.35
Days on Market153
Property Features for 1530 Northwest 29th Place
General Information
Standard status
Active
Size
2,823 SF
Total Parking Spaces
3
Property subtype
Multi Family
Zoning
R7
Taxes and HOA fees
Annual Taxes
$4,463
Amenities
2
Composition
Lap Siding, Stone
Building Details
Year Built
2022
Listing Agency:
Real Broker LLC
(360) 776-9599
Listed By:
Hannah Dubyne · License #25003829
(360) 776-9599
Source:
Compass
Added: Apr 1
Changed: Aug 31
Last Checked: Aug 31 at 1:17AM
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 Real Broker LLC
Investment Insights
Based on property information with market context.
Built in 2022, this duplex pairs a primary home with a fully independent accessory dwelling unit. The main residence offers approximately 2,010 square feet with four bedrooms, 2.1 bathrooms, an open great-room layout, laminate flooring, a gas fireplace, quartz kitchen counters, an island, pantry, stainless steel appliances, covered-patio access, and an upstairs laundry room. The owner's suite includes vaulted ceilings, double sinks, a walk-in shower, and a walk-in closet.
The 813-square-foot ADU includes two bedrooms, one bathroom, a private entrance, separate laundry with washer and dryer, and an attached private one-car garage. Both residences have private access and fenced outdoor areas backing to open land. The property is zoned R7, has no HOA or CC&Rs, and is located in Battle Ground, Washington.
The 813-square-foot ADU includes two bedrooms, one bathroom, a private entrance, separate laundry with washer and dryer, and an attached private one-car garage. Both residences have private access and fenced outdoor areas backing to open land. The property is zoned R7, has no HOA or CC&Rs, and is located in Battle Ground, Washington.
Key Highlights
- 2022‑built duplex with approximately 2,823 square feet combined
- Primary residence includes 4 bedrooms, 2.1 bathrooms, and approximately 2,010 sq ft
- Standalone 813 sq ft ADU with 2 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,779
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$735,580
$735.6K
Cap Rate 7%
$525,414
$525.4K
Cap Rate 9%
$408,656
$408.7K
Market Conditions
NOI Build-Up for 2,823 SF
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.
Gross rent
$55.9K $19.80/SF
− Vacancy
−$3.4K −$1.19/SF
EGI
$52.5K $18.61/SF
− OpEx
−$15.8K −$5.58/SF
NOI
$36.8K $13.03/SF
Area
Clark County, WA
Vacancy
6.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$735,580
Cap Rate 7%
$525,414
Cap Rate 9%
$408,656
Alternative Uses
Best Use
Multifamily LT 5
$525.4K
$459.7K – $613.0K
NOI $36,779 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$490.5K
$429.2K – $572.3K
NOI $34,338 @ 7.0% cap · market cap 4.29%
Theoretical Best
Specialty Retail
$687.8K
$601.8K – $802.4K
NOI $48,143 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 98604, WA
38,245
Population
13,557
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
72.1 sq mi
ZIP Area
530
Density / Sq Mi
$108,616
Median Household Income
$58,693
Median Earnings
$1,492
Median Rent
$543,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Nearly new duplex combining a spacious primary residence with a separate, tenant-occupied accessory dwelling unit.
Where is this duplex located?
The property is located at 1530 Northwest 29th Place Battle Ground, 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: 2022‑built duplex with approximately 2,823 square feet combined; Primary residence includes 4 bedrooms, 2.1 bathrooms, and approximately 2,010 sq ft; Standalone 813 sq ft ADU with 2 bedrooms and 1 bathroom
