Craftsman Duplex with Separate Lower-Level
New
For Sale
$499,900
3809 H St, Vancouver, WA 98663
Two living areas, each with a kitchen and bathroom, offer flexibility for occupancy or rental use.
Property Size1,867 SF
Price / SF$267.76
Days on Market5
Property Features for 3809 H St
General Information
Standard status
Active
Size
1,867 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
2
Amenities
gas fireplace
deck
fenced backyard
detached garage
gas forced-air heat
A/C
Building Details
Year Built
1928
Buildings
1
Construction
brick Craftsman
Listing Agency:
Front Door Realty
Listed By:
Julie Baldino · License #24504
(360) 910-3586
Source:
Evokepropertypartners
Added: Oct 7
Last Checked: Oct 7 at 1:57PM
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 Front Door Realty
Investment Insights
Based on property information with market context.
Built in 1928, this 1,867-square-foot Craftsman duplex has finished living areas on two levels. The main floor includes a bedroom with a walk-in closet, full bathroom, kitchen with breakfast nook, woodwork, built-ins, and a gas fireplace. An enclosed porch extends the living area, with doors leading to a deck and fenced backyard.
The finished lower level has its own entrance, an updated kitchen and bathroom, a family room with a gas fireplace, a second primary bedroom, and additional flexible space. The property also includes gas forced-air heat wired for A/C, a new roof, an oversized detached garage, and extra parking. Uptown Village, downtown Vancouver, the waterfront, parks, and I-5 are a short drive away.
The finished lower level has its own entrance, an updated kitchen and bathroom, a family room with a gas fireplace, a second primary bedroom, and additional flexible space. The property also includes gas forced-air heat wired for A/C, a new roof, an oversized detached garage, and extra parking. Uptown Village, downtown Vancouver, the waterfront, parks, and I-5 are a short drive away.
Key Highlights
- 1,867‑square‑foot duplex built in 1928
- Finished lower level has a separate entrance, kitchen, bathroom, family room, and bedroom
- Main level includes a bedroom, full bathroom, kitchen with breakfast nook, and gas fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,946
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,920
$498.9K
Cap Rate 7%
$356,371
$356.4K
Cap Rate 9%
$277,178
$277.2K
Market Conditions
NOI Build-Up for 1,867 SF
Gross rent
$37.4K $20.04/SF
− Vacancy
−$1.8K −$0.95/SF
EGI
$35.6K $19.09/SF
− OpEx
−$10.7K −$5.73/SF
NOI
$24.9K $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%
$498,920
Cap Rate 7%
$356,371
Cap Rate 9%
$277,178
Alternative Uses
Best Use
Multifamily LT 5
$356.4K
$311.8K – $415.8K
NOI $24,946 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$309.4K
$270.7K – $360.9K
NOI $21,656 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$456.8K
$399.7K – $532.9K
NOI $31,976 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
Demographics for 98663, WA
15,188
Population
6,753
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,704
Density / Sq Mi
$84,590
Median Household Income
$47,747
Median Earnings
$1,538
Median Rent
$430,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two living areas, each with a kitchen and bathroom, offer flexibility for occupancy or rental use.
Where is this duplex located?
The property is located at 3809 H St Vancouver, WA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1,867‑square‑foot duplex built in 1928; Finished lower level has a separate entrance, kitchen, bathroom, family room, and bedroom; Main level includes a bedroom, full bathroom, kitchen with breakfast nook, and gas fireplace
