Well-Maintained Duplex
2807 CAPLES Ave Vancouver, WA 98660
For Sale
$450,000
MULTI_FAMILY - Vancouver, WA
Property Size1,584 SF
Lot Size0.13 Acres
Price / SF$284.09
Days on Market10
Property Features for 2807 CAPLES Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-18
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 3
- Standard status
- Active
- APN
- 030251230
- Size
- 1,584 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Description
- LORRIES LOTS LOT 5 FOR ASSESSOR USE ONLY LORRIES LOTS LOT 5
- Tax Annual Amount
- 3668
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 3
- Roof type
- Composition
Listing Agency:
Coldwell Banker United Brokers
(360) 687-3183
Listed By:
Matthew Bailey
(503) 810-1769
Added: Jul 16
Changed: Jul 22
Last Checked: Jul 25 at 6:06PM
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.
Investment Insights
Based on property information with market context.
Well-maintained duplex at 2807 CAPLES Ave in Vancouver, WA 98660, currently configured with two units, each offering 2 bedrooms and 1 bathroom. Each unit also includes a private fenced yard. The property has newer flooring and a newer roof, and both units are occupied with the same tenants for more than three years.
Zoned R-18, the duplex is located in Bagley Downs, near a community swimming center and a park. This setup supports a straightforward two-unit rental configuration with consistent unit occupancy.
From a layout standpoint, the property is designed for separate living space within a duplex structure, with independent outdoor areas provided by the private fenced yards for each unit.
Zoned R-18, the duplex is located in Bagley Downs, near a community swimming center and a park. This setup supports a straightforward two-unit rental configuration with consistent unit occupancy.
From a layout standpoint, the property is designed for separate living space within a duplex structure, with independent outdoor areas provided by the private fenced yards for each unit.
Key Highlights
- Duplex built in 1972 with composition roof and baseboard heating
- Each unit offers 2 bedrooms and 1 bath
- Units include private fenced yards
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 | $31.7k | $20.04 |
| − Vacancy | −$1.5k | −$0.95 |
| EGI | $30.2k | $19.09 |
| − OpEx | −$9.1k | −$5.73 |
| NOI | $21.2k | $13.36 |
1,584 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex features two 2-bed, 1-bath units, each with a private fenced yard and newer flooring and roof.
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: Duplex built in 1972 with composition roof and baseboard heating; Each unit offers 2 bedrooms and 1 bath; Units include private fenced yards
