Two-Unit Duplex with Deck and
2614 E 18TH St, Vancouver, WA 98661
For Sale
New
$575,000
MultiFamily, Vancouver, WA
Property Size2,240 SF
Lot Size0.23 Acres
Price / SF$256.70
Days on Market4
Property Features for 2614 E 18TH St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Elementary school
Middle school
High school
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Amenities
fireplaces
patio
deck
Building Details
Year built
Floors in Building
Number of units
Roof type
Listing Agency:
Keller Williams Realty
(360) 693-3336
Listed By:
Haris Hadziselimovic
(360) 521-1615
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 9 at 4:06AM
MLS# 618395576
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.
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Investment Insights
Based on property information with market context.
This 2,240-square-foot duplex contains two separate residences, each with three bedrooms and one bathroom. Both have open floor plans, a fireplace, and a kitchen equipped with a range, refrigerator, microwave, and dishwasher. Outdoor areas include a deck for the upper residence and a patio for the lower one.
The property occupies a 0.23-acre lot with trees. Built in 1978, the building has a composition roof and MSN zoning.
The property occupies a 0.23-acre lot with trees. Built in 1978, the building has a composition roof and MSN zoning.
Key Highlights
- Two residences, each with 3 bedrooms and 1 bathroom
- 2,240‑square‑foot building on a 0.23‑acre lot
- Fireplaces and kitchens with ranges, refrigerators, microwaves, and dishwashers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,930
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$598,600
$598.6K
Cap Rate 7%
$427,571
$427.6K
Cap Rate 9%
$332,556
$332.6K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$44.9K $20.04/SF
− Vacancy
−$2.1K −$0.95/SF
EGI
$42.8K $19.09/SF
− OpEx
−$12.8K −$5.73/SF
NOI
$29.9K $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%
$598,600
Cap Rate 7%
$427,571
Cap Rate 9%
$332,556
Alternative Uses
Best Use
Multifamily LT 5
$427.6K
$374.1K – $498.8K
NOI $29,930 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$371.2K
$324.8K – $433.1K
NOI $25,983 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$548.1K
$479.6K – $639.4K
NOI $38,365 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
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Business Placement
Demographics for 98661, WA
48,983
Population
22,291
Households
2.2
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
10.9 sq mi
ZIP Area
4,494
Density / Sq Mi
$75,037
Median Household Income
$43,920
Median Earnings
$1,440
Median Rent
$424,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Vancouver, WA
Properties on Market for Duplexes in Vancouver
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, a fireplace, a full kitchen, and separate outdoor space.
Where is this duplex located?
The property is located at 2614 E 18TH St 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: Two residences, each with 3 bedrooms and 1 bathroom; 2,240‑square‑foot building on a 0.23‑acre lot; Fireplaces and kitchens with ranges, refrigerators, microwaves, and dishwashers
