Duplex with Single-Car
For Sale
$605,000
15813 SE 1st St, Vancouver, WA 98684
R-9 zoning, a private backyard, and recent paint complement this residential income property.
Property Size2,096 SF
Price / SF$288.65
Days on Market220
Property Features for 15813 SE 1st St
General Information
Standard status
Active
Size
2,096 SF
Total Parking Spaces
1
Property subtype
Multi-Family
Amenities
large backyard
Building Details
Year Built
1976
Listing Agency:
Location Realty
Listed By:
Gary Koppert
(360) 718-2998
Source:
Evokepropertypartners
Added: Mar 13
Changed: Oct 3
Last Checked: Oct 7 at 5:25PM
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 Location Realty
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Investment Insights
Based on property information with market context.
This duplex offers 2,096 square feet of residential space with a single-car garage and a backyard. Recent paint provides an updated finish, while the exterior includes composition materials with lap, T1-11, and wood siding. The property was built in 1976 and includes a crawl space with a concrete perimeter and stem-wall foundation.
Located at 15813 Southeast 1st Street in Vancouver, Washington, the property carries R-9 zoning. Its duplex configuration, garage, outdoor area, and established construction provide a straightforward residential income property profile.
Located at 15813 Southeast 1st Street in Vancouver, Washington, the property carries R-9 zoning. Its duplex configuration, garage, outdoor area, and established construction provide a straightforward residential income property profile.
Key Highlights
- 2,096‑square‑foot duplex built in 1976
- Single‑car garage included
- Backyard provides private outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,006
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,120
$560.1K
Cap Rate 7%
$400,086
$400.1K
Cap Rate 9%
$311,178
$311.2K
Market Conditions
NOI Build-Up for 2,096 SF
Gross rent
$42.0K $20.04/SF
− Vacancy
−$2.0K −$0.95/SF
EGI
$40.0K $19.09/SF
− OpEx
−$12.0K −$5.73/SF
NOI
$28.0K $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%
$560,120
Cap Rate 7%
$400,086
Cap Rate 9%
$311,178
Alternative Uses
Best Use
Multifamily LT 5
$400.1K
$350.1K – $466.8K
NOI $28,006 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$347.3K
$303.9K – $405.2K
NOI $24,313 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$512.8K
$448.7K – $598.3K
NOI $35,898 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Explore this area
Business Placement
Demographics for 98684, WA
33,659
Population
14,355
Households
2.3
Avg Household Size
37
Median Age
29%
College-Educated
90%
High-School Grad
7.1 sq mi
ZIP Area
4,741
Density / Sq Mi
$88,044
Median Household Income
$48,108
Median Earnings
$1,847
Median Rent
$442,100
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 - R-9 zoning, a private backyard, and recent paint complement this residential income property.
Where is this duplex located?
The property is located at 15813 SE 1st St Vancouver, WA.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: 2,096‑square‑foot duplex built in 1976; Single‑car garage included; Backyard provides private outdoor space
