Listed by Matt Bailey • Coldwell Banker United Brokers.
For sale
$450,000
Est. $2,675/mo
4
bd
•
2 ba
•
1,584
sq ft
2807 Caples Ave, Vancouver, WA 98661
About this home
Investment Opportunity!! Well cared for Duplex in Bagley Downs, near community swimming center and park. Both units have 2 bedrooms and 1 bath each with a private fenced yard. Newer flooring. Newer roof. All units are occupied with the same tenants for 3+ years. Positive cash flow investment opportunity.
Multi-familyProperty Type
1972Year Built
5,663 sq ftLot Size
$284Price/Sq.Ft.
Listed by Matt Bailey• Coldwell Banker United Brokers
Bagley Downs, located between Fourth Plain Boulevard and NE 18th Street, is a residential and commercial Vancouver neighborhood with mid-century ranch homes and a grid of walkable side streets. The neighborhood’s character concentrates around the Fourth Plain Blvd corridor near NE 65th Ave, where taquerias, panaderías, small grocers, and service storefronts keep the sidewalks active. Single-story houses and modest infill sit behind mature street trees, with larger arterials framing the edges. Bagley Community Park adds open lawns and play areas that shape daily routines. Nearby, Clark College and the Clark County Historical Museum anchor local culture and learning. The feel is practical and grounded, with errands and recreation centered on the main corridors.
Provided by Walk Score and Local Logic
Offer insights
2807 Caples Ave · $450,000
$456K and above
75% chance or better to win
Why $456K+ is a strong offer
DAYS ON MARKET
33 days
The average home goes pending in 60 days.
SALE-TO-LIST
98.8%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Laminate flooring
Bedrooms
Two 2-bedroom units
Bathrooms
Each unit has 1 bathroom
Kitchen
Each unit includes a range/oven
Each unit includes a refrigerator
Each unit includes a dishwasher
Laundry & utility
No in-unit washer/dryer (per unit information)
Flooring
Laminate
Heating & cooling
Baseboard heating
No cooling
Exterior features
Wood products exterior
Fully and partially fenced yard areas
Cable TV available
Curbed and paved site
Home design
Duplex (residential income, multi-family)
Single-story structure
Average condition
Building name: Lorries Lot
Parking
Six uncovered parking spaces
Security
Fully fenced and partially fenced
Construction
Wood construction
Composition roof
Block foundation
Built as a duplex
Utilities
Electric energy source
Public water (City of Vancouver)
Sewer available (City of Vancouver)
Power provided by Clark Public Utilities
Financial info
Gross scheduled income $35,520 annually
Total monthly income $2,960
Net operating income $28,293
Total expenses $7,226.06
Insurance expense $1,195.54
Gross rent multiplier 7.8
Listing terms: Conventional, FHA, VA loan
Other
Property used as multi-family (duplex)
Two units total; no units below grade
Each unit listed with actual rent $1,480
Electricity and solar
View estimated energy costs and solar savings for this home
Investment Opportunity!! Well cared for Duplex in Bagley Downs, near community swimming center and park. Both units have 2 bedrooms and 1 bath each with a private fenced yard. Newer flooring. Newer roof. All units are occupied with the same tenants for 3+ years. Positive cash flow investment opportunity.
The R-18 zoning district is designed to accommodate attached homes such as duplexes and rowhouses, and garden-type apartments at a minimum lot size of 1,800 sq ft per unit. Professional office uses are permitted under certain circumstances. Some retail, civic and institutional uses are allowed conditionally. This zone consolidates the R-18 and OR-18 zones as of March 11, 2004.
Zone overlays
Fourth Plain Corridor Overlay Dist : VAN
Transit Overlay District
Permitted uses
Include but are not limited to:
Agriculture
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
20 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Vancouver, WA • 98661
Average low and high temperatures (°F)
47
34
49
36
56
41
64
43
69
49
74
52
81
57
82
59
75
55
62
46
52
43
49
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.9 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2807 Caples Ave
$444,095
$5,905 under list price of $450K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $410K to $451K.