Duplex with Fenced
For Sale
$450,000
2807 CAPLES Ave, Vancouver, WA 98660
MultiFamily, Vancouver, WA
Property Size1,584 SF
Lot Size0.13 Acres
Price / SF$284.09
Days on Market102
Property Features for 2807 CAPLES Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-18
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3
Subdivision
Vancouver
Elementary school
Roosevelt
Middle school
McLoughlin
High school
Fort Vancouver
Directions
East on E Fourth Plain, North on Caples
Standard status
Active
APN
030251230
Size
1,584 SF
Lot size
0.13 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
LORRIES LOTS LOT 5 FOR ASSESSOR USE ONLY LORRIES LOTS LOT 5
Tax Annual Amount
3668
Legal Description
LORRIES LOTS LOT 5 FOR ASSESSOR USE ONLY LORRIES LOTS LOT 5
Utilities
Heating system
Baseboard
Amenities
private fenced yard
Building Details
Year built
1972
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
Coldwell Banker United Brokers · Coldwell Banker Real Estate
(360) 687-3183
Listed By:
Matthew Bailey
(503) 810-1769
Added: Jul 16
Changed: Oct 24
Last Checked: Oct 25 at 9:06PM
MLS# 187360684
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 1,584-square-foot duplex contains two units, each configured with 2 bedrooms and 1 bath. Both residences include private fenced yards, newer flooring, and composition roofing. The property was built in 1972 and uses baseboard heating, with R-18 zoning supporting its residential configuration.
Located in Vancouver, the property is near a community swimming center and park. Both units are occupied by the same tenants, who have each remained in place for more than 3 years.
Located in Vancouver, the property is near a community swimming center and park. Both units are occupied by the same tenants, who have each remained in place for more than 3 years.
Key Highlights
- Two‑unit duplex with 1,584 square feet of property size
- Each unit includes 2 bedrooms and 1 bath
- Private fenced yard for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,165
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,300
$423.3K
Cap Rate 7%
$302,357
$302.4K
Cap Rate 9%
$235,167
$235.2K
Market Conditions
NOI Build-Up for 1,584 SF
Gross rent
$31.7K $20.04/SF
− Vacancy
−$1.5K −$0.95/SF
EGI
$30.2K $19.09/SF
− OpEx
−$9.1K −$5.73/SF
NOI
$21.2K $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%
$423,300
Cap Rate 7%
$302,357
Cap Rate 9%
$235,167
Alternative Uses
Best Use
Multifamily LT 5
$302.4K
$264.6K – $352.8K
NOI $21,165 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$262.5K
$229.7K – $306.2K
NOI $18,374 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$387.6K
$339.1K – $452.2K
NOI $27,129 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Explore this area
Business Placement
Demographics for 98660, WA
12,735
Population
7,048
Households
1.8
Avg Household Size
39
Median Age
38%
College-Educated
91%
High-School Grad
15.3 sq mi
ZIP Area
832
Density / Sq Mi
$65,147
Median Household Income
$51,895
Median Earnings
$1,408
Median Rent
$444,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Occupied two-bedroom units offer private outdoor space and updated flooring in a residential setting.
Where is this duplex located?
The property is located at 2807 CAPLES Ave Vancouver, WA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,584 square feet of property size; Each unit includes 2 bedrooms and 1 bath; Private fenced yard for both units
