Remodeled Duplex with Dual Income
New
For Sale
$575,000
18605 NE CRAMER Rd, Battle Ground, WA 98604
MULTI_FAMILY - BattleGround, WA
Property Size1,444 SF
Lot Size0.37 Acres
Price / SF$398.20
Days on Market1
Property Features for 18605 NE CRAMER Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RC-1
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Elementary school
Maple Grove
Middle school
Daybreak
High school
Prairie
Directions
NE 179th St - Continue to NE Cramer Rd
Subdivision
_62
Standard status
Active
APN
193815000
Size
1,444 SF
Lot size
0.37 Acres
Taxes and HOA fees
Tax Description
#76 SEC 9 T3N R2EWM .37A FOR ASSESSOR USE ONLY BAAP IN CNTR OF CO
Tax Annual Amount
3349
Legal Description
#76 SEC 9 T3N R2EWM .37A FOR ASSESSOR USE ONLY BAAP IN CNTR OF CO
Utilities
Heating system
Baseboard
Cooling system
Window Unit(s)
Building Details
Year built
1938
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
Redfin
(360) 558-3945
Listed By:
Frederick Sanchez
(360) 680-1462
Added: Jul 31
Last Checked: Jul 31 at 6:06PM
MLS# 447458601
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This remodeled duplex at 18605 NE Cramer Rd in BattleGround offers dual income streams with distinct uses on each side. One unit (18603) is operating as an Airbnb, while the other unit (18605) is a long-time rental. The property includes extensive on-site parking and sits on a 0.37-acre lot.
Improvements and updates were completed throughout the units during 2022 through 2024, including flooring, cabinets, counters, stainless appliances, lighting, bathroom vanity, toilet, countertops, plumbing, and electrical. Additional exterior work includes a new roof in 2022, new exterior siding in 2026, and new exterior paint in 2026. The duplex was built in 1938 and is heated with baseboard and cooled with window unit(s). The roof is composition.
With two separate sides, the layout supports an owner-occupant scenario (live on one side while using the other as an Airbnb) or keeping both sides as short-term rental, subject to due diligence and any applicable reservation restrictions. The seller is also offering assistance with Airbnb support and turnover.
Improvements and updates were completed throughout the units during 2022 through 2024, including flooring, cabinets, counters, stainless appliances, lighting, bathroom vanity, toilet, countertops, plumbing, and electrical. Additional exterior work includes a new roof in 2022, new exterior siding in 2026, and new exterior paint in 2026. The duplex was built in 1938 and is heated with baseboard and cooled with window unit(s). The roof is composition.
With two separate sides, the layout supports an owner-occupant scenario (live on one side while using the other as an Airbnb) or keeping both sides as short-term rental, subject to due diligence and any applicable reservation restrictions. The seller is also offering assistance with Airbnb support and turnover.
Key Highlights
- One side operating as an Airbnb (18603) and the other as a long‑time rental (18605)
- 0.37‑acre lot with extensive on‑site parking
- Interior remodels completed in 2022–2024 including flooring, cabinets, counters, stainless appliances, and updated plumbing/electrical
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 | $28.6k | $19.80 |
| − Vacancy | −$1.7k | −$1.19 |
| EGI | $26.9k | $18.61 |
| − OpEx | −$8.1k | −$5.58 |
| NOI | $18.8k | $13.03 |
1,444 SF · lease $19.80/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$268.8K
$235.2K – $313.6K
NOI $18,813 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$250.9K
$219.6K – $292.8K
NOI $17,565 @ 7.0% cap · market cap 3.05%
Theoretical Best
Specialty Retail
$351.8K
$307.8K – $410.4K
NOI $24,626 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
68
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
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Frequently Asked Questions
What type of property is this?
Duplex - Remodeled duplex in RC-1 zoning with extensive on-site parking, including one Airbnb unit and one long-time rental unit.
Where is this duplex located?
The property is located at 18605 NE CRAMER Rd Battle Ground, 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: One side operating as an Airbnb (18603) and the other as a long‑time rental (18605); 0.37‑acre lot with extensive on‑site parking; Interior remodels completed in 2022–2024 including flooring, cabinets, counters, stainless appliances, and updated plumbing/electrical
