Remodeled Duplex With Finished
2615 East McLoughlin Boulevard Vancouver, WA 98661
For Sale
$899,000
Remodeled duplex offers territorial and river views, with spacious finished basements for extra living space and storage.
Property Size2,380 SF
Lot Size0.50 Acres
Price / SF$377.73
Days on Market141
Property Features for 2615 East McLoughlin Boulevard
General Information
- Standard status
- Active
- Size
- 2,380 SF
- Lot size
- 0.50 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1972
Listing Agency:
eXp Realty LLC
(480) 714-5684
Listed By:
Michael Sines · License #125590
(480) 714-5684
Source:
Compass
Added: Mar 4
Changed: Jul 23
Last Checked: Jul 23 at 6:02AM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
This remodeled duplex presents a spacious, move-in-ready setup with updates that include a newer roof, interior and exterior paint, new flooring, fixtures, cabinetry, and stainless-steel appliances. Both units feature territorial views and include spacious finished basements, providing additional living space as well as storage.
The property sits on just under a half-acre lot and is described as being conveniently located near Clark College. A buyer can consider owner-occupant use or tenant occupancy, supported by the duplex layout and separate unit configurations.
The overall offering is positioned as a residential income property with two well-appointed units and expanded finished basement space in each unit.
The property sits on just under a half-acre lot and is described as being conveniently located near Clark College. A buyer can consider owner-occupant use or tenant occupancy, supported by the duplex layout and separate unit configurations.
The overall offering is positioned as a residential income property with two well-appointed units and expanded finished basement space in each unit.
Key Highlights
- Remodeled duplex with territorial and river views
- Newer roof plus new interior/exterior paint, flooring, fixtures, cabinetry, and stainless steel appliances
- Each unit includes a spacious finished basement for extra living space and storage
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 | $47.7k | $20.04 |
| − Vacancy | −$2.3k | −$0.95 |
| EGI | $45.4k | $19.09 |
| − OpEx | −$13.6k | −$5.73 |
| NOI | $31.8k | $13.36 |
2,380 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$454.3K
$397.5K – $530.0K
NOI $31,801 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$394.4K
$345.1K – $460.1K
NOI $27,607 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$582.3K
$509.5K – $679.4K
NOI $40,762 @ 7.0% cap · market cap 4.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Remodeled duplex offers territorial and river views, with spacious finished basements for extra living space and storage.
Where is this duplex located?
The property is located at 2615 East McLoughlin Boulevard Vancouver, WA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Remodeled duplex with territorial and river views; Newer roof plus new interior/exterior paint, flooring, fixtures, cabinetry, and stainless steel appliances; Each unit includes a spacious finished basement for extra living space and storage
