Victorian-Style Duplex with
481 S Wynne St Colville, WA 99114
For Sale
$269,000
Victorian-style duplex offering two 2-bedroom, 1-bath units with wood floors, each including a refrigerator and electric range.
Property Size1,688 SF
Price / SF$159.36
Days on Market11
Property Features for 481 S Wynne St
General Information
Standard status
Active
Size
1,688 SF
Property subtype
Multi Family Home
Building Details
Year Built
1907
Listing Agency:
Windermere North/Deer Park
(509) 599-4475
Listed By:
Sharma Meckelson · License #21013151
Source:
Clearwaterproperties
Added: Jul 17
Changed: Jul 23
Last Checked: Jul 26 at 9:54AM
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 Windermere North/Deer Park
Investment Insights
Based on property information with market context.
Charming Victorian-style duplex with character and practical income potential. The property features two separate units, each with 2 bedrooms and 1 bathroom, along with beautiful wood floors. Each unit also includes a refrigerator and electric range, supporting straightforward move-in readiness. Recent improvements include a new roof and fresh exterior paint.
The duplex is conveniently located near downtown, with easy walking access to shopping, the library, and the park.
This is an owner-occupied opportunity setup: one unit can be lived in while the other unit generates rental income, with a classic duplex configuration and tenant-ready appliances included.
The duplex is conveniently located near downtown, with easy walking access to shopping, the library, and the park.
This is an owner-occupied opportunity setup: one unit can be lived in while the other unit generates rental income, with a classic duplex configuration and tenant-ready appliances included.
Key Highlights
- Victorian‑style duplex built in 1907 with 2 units total
- Each unit has 2 bedrooms and 1 bathroom with wood floors
- Each unit includes a refrigerator and electric range
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 | $29.4k | $17.40 |
| − Vacancy | −$1.8k | −$1.06 |
| EGI | $27.6k | $16.34 |
| − OpEx | −$8.3k | −$4.90 |
| NOI | $19.3k | $11.44 |
1,688 SF · lease $17.40/SF/yr · vacancy 6.08% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$275.9K
$241.4K – $321.8K
NOI $19,310 @ 7.0% cap · market cap 7.18%
Second Best
Apartment 5plus
$239.8K
$209.9K – $279.8K
NOI $16,789 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$435.5K
$381.1K – $508.1K
NOI $30,485 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Victorian-style duplex offering two 2-bedroom, 1-bath units with wood floors, each including a refrigerator and electric range.
Where is this duplex located?
The property is located at 481 S Wynne St Colville, WA.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Victorian‑style duplex built in 1907 with 2 units total; Each unit has 2 bedrooms and 1 bathroom with wood floors; Each unit includes a refrigerator and electric range
