Duplex with Owner-Occupy
2413 Markle Avenue Vancouver, WA 98660
2413 Markle Avenue, Vancouver, WA, 98660
$464,000
For Sale
$464,000
Duplex with updated exterior paint, interior updates, and landscaping, offering flexibility with a month-to-month tenant.
Property Size1,516 SF
Price / SF$306.07
Days on Market27
Property Features for 2413 Markle Avenue
General Information
- Standard status
- Active
- Size
- 1,516 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1980
Listing agency
Real Broker LLC
(503) 908-4643
Listed by
Andrea Hand · License #25005211
(503) 908-4643
Source
Compass
Added: Jun 26 Updated: Jul 21 at 5:14PM Checked: Jul 22 at 11:06AM
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.
This duplex offers a flexible setup for an owner-occupant or an investor. The property has received new exterior paint, interior updates, and landscaping improvements.
Located near downtown Vancouver, the duplex is described as conveniently close to shopping, dining, parks, schools, and commuter routes. City road paving improvements are currently underway in the area.
One tenant is currently month-to-month, which may provide additional flexibility for the next owner.
Located near downtown Vancouver, the duplex is described as conveniently close to shopping, dining, parks, schools, and commuter routes. City road paving improvements are currently underway in the area.
One tenant is currently month-to-month, which may provide additional flexibility for the next owner.
Key Highlights
- Duplex with 1 story, slab foundation, and crawl space basement
- Year built 1980
- New exterior paint, plus interior updates and landscaping
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 | $30.4k | $20.04 |
| − Vacancy | −$1.4k | −$0.95 |
| EGI | $28.9k | $19.09 |
| − OpEx | −$8.7k | −$5.73 |
| NOI | $20.3k | $13.36 |
1,516 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.4K
$253.2K – $337.6K
NOI $20,256 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$251.2K
$219.8K – $293.1K
NOI $17,585 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$370.9K
$324.6K – $432.8K
NOI $25,965 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex with updated exterior paint, interior updates, and landscaping, offering flexibility with a month-to-month tenant.
Where is this duplex located?
The property is located at 2413 Markle Avenue Vancouver, WA.
What is the asking price?
The asking price for this property is $464,000.
What are key features of this property?
This property features: Duplex with 1 story, slab foundation, and crawl space basement; Year built 1980; New exterior paint, plus interior updates and landscaping
