Single-Level Duplex with
For Sale
$575,000
1614 SE 146th Ct, Vancouver, WA 98683
Two residential units feature garage access and a series of documented exterior and interior updates.
Property Size2,032 SF
Price / SF$282.97
Days on Market79
Property Features for 1614 SE 146th Ct
General Information
Standard status
Active
Size
2,032 SF
Property subtype
Multi-Family
Building Details
Year Built
1979
Listing Agency:
Realty One Group Prestige
Listed By:
Amanda Newton
(503) 728-8262
Source:
Evergreenrealestatepartners
Added: Aug 2
Changed: Oct 7
Last Checked: Oct 7 at 2:48PM
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 Realty One Group Prestige
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Investment Insights
Based on property information with market context.
This 2,032-square-foot duplex was built in 1979 and offers a single-level layout with two units in a private cul-de-sac setting. The property includes rear-load two-car garages. Capital improvements completed in 2017 included a roof replacement, new flooring, garage doors, and updates to most appliances and plumbing fixtures.
The exterior was repainted in 2021. More recent work includes a new washer in one unit, along with a water heater and bathroom sink replacement in the other. The address is 1614 SE 146th Ct in Vancouver, Washington, within the McGillivray Highlands neighborhood and near amenities and commuter routes.
The exterior was repainted in 2021. More recent work includes a new washer in one unit, along with a water heater and bathroom sink replacement in the other. The address is 1614 SE 146th Ct in Vancouver, Washington, within the McGillivray Highlands neighborhood and near amenities and commuter routes.
Key Highlights
- 2,032‑square‑foot duplex with two residential units
- Single‑level configuration in a private cul‑de‑sac
- Rear‑load two‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,151
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,020
$543.0K
Cap Rate 7%
$387,871
$387.9K
Cap Rate 9%
$301,678
$301.7K
Market Conditions
NOI Build-Up for 2,032 SF
Gross rent
$40.7K $20.04/SF
− Vacancy
−$1.9K −$0.95/SF
EGI
$38.8K $19.09/SF
− OpEx
−$11.6K −$5.73/SF
NOI
$27.2K $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%
$543,020
Cap Rate 7%
$387,871
Cap Rate 9%
$301,678
Alternative Uses
Best Use
Multifamily LT 5
$387.9K
$339.4K – $452.5K
NOI $27,151 @ 7.0% cap · market cap 4.72%
Second Best
Apartment 5plus
$336.7K
$294.6K – $392.8K
NOI $23,570 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$497.2K
$435.0K – $580.0K
NOI $34,802 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Explore this area
Business Placement
Demographics for 98683, WA
33,884
Population
14,352
Households
2.4
Avg Household Size
42
Median Age
42%
College-Educated
94%
High-School Grad
7.3 sq mi
ZIP Area
4,642
Density / Sq Mi
$83,821
Median Household Income
$47,862
Median Earnings
$1,783
Median Rent
$501,500
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 - Two residential units feature garage access and a series of documented exterior and interior updates.
Where is this duplex located?
The property is located at 1614 SE 146th Ct 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: 2,032‑square‑foot duplex with two residential units; Single‑level configuration in a private cul‑de‑sac; Rear‑load two‑car garages
