Remodeled Duplex with Tandem
813 NE 106TH AVE Vancouver, WA 98664
813 NE 106TH AVE, Vancouver, WA, 98664
$750,000
For Sale
$750,000
Remodeled duplex with separate entrances, updated interiors, fenced yards, and tandem garages for each unit.
Property Size3,120 SF
Price / SF$240.38
Days on Market318
Property Features for 813 NE 106TH AVE
General Information
- Standard status
- Active
- Size
- 3,120 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1971
Listing agency
Realty One Group Pacifica
(503) 974-4520
Listed by
Will Murphy
(503) 974-4520
Source
Premierepropertygroup
Added: Sep 8, 2025 Updated: Jul 22 at 2:18PM Checked: Jul 22 at 2:18PM
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 Realty One Group Pacifica
Investment Insights
Based on property information with market context.
This remodeled duplex offers two updated units designed for low-maintenance occupancy. Each unit features modern finishes including durable flooring and fresh paint, along with upgraded kitchens and bathrooms. The property includes separate entrances and separate utilities, supporting flexible day-to-day living arrangements. Additional practical value comes from two spacious tandem garages and fully fenced, large yards.
One unit includes plumbing roughed in for a second bathroom. The other unit has an office that can be used as a fifth bedroom, adding versatility to the layout. The duplex is located near schools, shops, and transit, providing convenient access for tenants.
With both units thoughtfully improved and configured with secure parking and outdoor space, this property presents a turnkey option for an owner-operator or an investor seeking a remodeled residential income asset.
One unit includes plumbing roughed in for a second bathroom. The other unit has an office that can be used as a fifth bedroom, adding versatility to the layout. The duplex is located near schools, shops, and transit, providing convenient access for tenants.
With both units thoughtfully improved and configured with secure parking and outdoor space, this property presents a turnkey option for an owner-operator or an investor seeking a remodeled residential income asset.
Key Highlights
- Remodeled duplex with 2 units (5 total beds, 2 total baths across the units) built in 1971
- Each unit offers 1,560 SF of updated interior space with refreshed paint, upgraded kitchens and bathrooms, and durable flooring
- Unit 1: 1,560 SF, 5 bedrooms and 1 bath, currently rented at $2,500 (1 unit)
Local 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 | $62.5k | $20.04 |
| − Vacancy | −$3.0k | −$0.95 |
| EGI | $59.6k | $19.09 |
| − OpEx | −$17.9k | −$5.73 |
| NOI | $41.7k | $13.36 |
3,120 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$595.5K
$521.1K – $694.8K
NOI $41,688 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$517.0K
$452.4K – $603.2K
NOI $36,190 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$763.4K
$668.0K – $890.6K
NOI $53,436 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Remodeled duplex with separate entrances, updated interiors, fenced yards, and tandem garages for each unit.
Where is this duplex located?
The property is located at 813 NE 106TH AVE Vancouver, WA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Remodeled duplex with 2 units (5 total beds, 2 total baths across the units) built in 1971; Each unit offers 1,560 SF of updated interior space with refreshed paint, upgraded kitchens and bathrooms, and durable flooring; Unit 1: 1,560 SF, 5 bedrooms and 1 bath, currently rented at $2,500 (1 unit)
