Well-Maintained Duplex with Two Occupied
2027 THOMPSON Ave Vancouver, WA 98660
2027 THOMPSON Ave, Vancouver, WA, 98660
$485,000
For Sale
$485,000
MULTI_FAMILY - Vancouver, WA
Property Size1,560 SF
Lot Size0.12 Acres
Price / SF$310.90
Days on Market96
Property Features for 2027 THOMPSON Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-9
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 1
- Standard status
- Active
- APN
- 062335000
- Size
- 1,560 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Description
- HOME ADDN LOT 3 BLK 6 FOR ASSESSOR USE ONLY HOME ADDN LOT 3 BLK 6
- Tax Annual Amount
- 4261
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Number of units
- 2
Listing Agency
Premiere Property Group, LLC
(360) 693-6139
7700 NE Parkway Drive Suite 125, Vancouver, WA
Listed by
Tracy Owen
(360) 567-5500
Added: Apr 17 Updated: Jul 11 at 2:30 am Checked: Jul 21 at 5:06 am
MLS# 676117182
Listing URL
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 well-maintained duplex at 2027 THOMPSON Ave, Vancouver, WA 98660 includes two residential units in a 1,560-square-foot configuration on a 0.12-acre lot. The property is presented as consistently cared for, with each unit providing a comfortable living space. The offering is subject to an interior inspection as part of the purchase process. Tenants are currently in place.
Both units are occupied, and the property should be shown in a way that respects the existing tenancies; please do not disturb the occupants. The listing is identified within R-9 zoning, providing a residential framework for the property’s duplex use in Clark County.
For buyers seeking a straightforward duplex acquisition, this asset offers a simple two-unit structure with current occupancy at the time of sale. The combination of documented upkeep and occupied units can fit buyers looking for an income-generating residential investment while they complete due diligence. As noted, an interior inspection is required as part of any offer, so prospective buyers can verify unit condition and details directly.
Both units are occupied, and the property should be shown in a way that respects the existing tenancies; please do not disturb the occupants. The listing is identified within R-9 zoning, providing a residential framework for the property’s duplex use in Clark County.
For buyers seeking a straightforward duplex acquisition, this asset offers a simple two-unit structure with current occupancy at the time of sale. The combination of documented upkeep and occupied units can fit buyers looking for an income-generating residential investment while they complete due diligence. As noted, an interior inspection is required as part of any offer, so prospective buyers can verify unit condition and details directly.
Key Highlights
- Well‑maintained duplex built in 1974
- Both units are currently occupied
- Heating: baseboard
Local 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 | $31.3k | $20.04 |
| − Vacancy | −$1.5k | −$0.95 |
| EGI | $29.8k | $19.09 |
| − OpEx | −$8.9k | −$5.73 |
| NOI | $20.8k | $13.36 |
1,560 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$297.8K
$260.6K – $347.4K
NOI $20,844 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$258.5K
$226.2K – $301.6K
NOI $18,095 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$381.7K
$334.0K – $445.3K
NOI $26,718 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex in R-9 zoning with both units occupied, offering stable residential income for a buyer.
Where is this duplex located?
The property is located at 2027 THOMPSON Ave Vancouver, WA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Well‑maintained duplex built in 1974; Both units are currently occupied; Heating: baseboard
