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Two-Unit Duplex with Yard Space
For Sale
$500,000

907 NE 1st Ave, Battle Ground, WA 98604

Fully rented property with laundry hookups, outdoor areas, and detached storage serving select units.

Property Size1,536 SF
Price / SF$325.52
Days on Market83

Property Features for 907 NE 1st Ave

General Information

Standard status Active
Size 1,536 SF
Total Parking Spaces 4
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Amenities

laundry hook ups
backyards or side yards
detached storage sheds

Building Details

Year Built 1969
Tenancy Multi
Listing Agency: Windermere Northwest Living
Listed By: Stefanie Foster
Source: Wyndeekono
Added: Jul 24 Changed: Oct 9 Last Checked: Oct 5 at 8:08PM

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 Northwest Living

Investment Insights

Based on property information with market context.

This 1,536-square-foot duplex contains two 2-bedroom, 1-bath units, with each residence measuring 768 square feet. Built in 1969, the property includes laundry hookups, mini-split or wall heat, carpeted bedrooms and living areas, and linoleum flooring in the kitchens and bathrooms. Four parking spaces serve the property, while most units have backyard or side-yard areas and some include detached storage sheds.

Both units are currently rented to long-term tenants. The property is a short walk from Main Street in Battle Ground, WA. Offers are subject to interior inspection, and tenant privacy is requested during any exterior visit or showing coordination.

Key Highlights

  • Two 2‑bedroom, 1‑bath units, each measuring 768 square feet
  • 1,536‑square‑foot duplex built in 1969
  • Both units currently rented to long‑term tenants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,012
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,240 $400.2K
Cap Rate 7%
$285,886 $285.9K
Cap Rate 9%
$222,356 $222.4K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$30.4K $19.80/SF
− Vacancy
−$1.8K −$1.19/SF
EGI
$28.6K $18.61/SF
− OpEx
−$8.6K −$5.58/SF
NOI
$20.0K $13.03/SF
Area
Clark County, WA
Vacancy
6.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,240
Cap Rate 7%
$285,886
Cap Rate 9%
$222,356

Alternative Uses

Best Use
Multifamily LT 5
$285.9K
$250.2K – $333.5K (±1% cap)
NOI $20,012 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$266.9K
$233.6K – $311.4K (±1% cap)
NOI $18,684 @ 7.0% cap · market cap 3.74%
Theoretical Best
Specialty Retail
$374.2K
$327.4K – $436.6K (±1% cap)
NOI $26,195 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

663
Businesses Nearby

Demographics for 98604, WA

38,245
Population
13,557
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
94%
High-School Grad
72.1 sq mi
ZIP Area
530
Density / Sq Mi
$108,616
Median Household Income
$58,693
Median Earnings
$1,492
Median Rent
$543,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Fully rented property with laundry hookups, outdoor areas, and detached storage serving select units.
Where is this duplex located?
The property is located at 907 NE 1st Ave Battle Ground, WA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units, each measuring 768 square feet; 1,536‑square‑foot duplex built in 1969; Both units currently rented to long‑term tenants
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