1803 E 6TH St
Property Description
A rare opportunity to own a classic 1958 duplex offering approximately 2,165 square feet of finished living space across two residences-1,317 and 848 square feet-with three bedrooms and two full bathrooms overall. With separate living areas, mid-century character, and proximity to Clark College and Vancouver employment, shopping, education, and transportation, the property offers flexibility for investors, owner-occupants, or multigenerational living. Estimated combined market rents of $3,150-$3,400 per month could generate approximately $37,800-$40,800 in annual gross scheduled rental income, representing an estimated GRM of 14.9-15.6. Assuming operating expenses of 30%-35% for taxes, insurance, vacancy, maintenance, reserves, utilities, and other expenses, projected NOI is approximately $24,600-$27,700 annually. The two-residence configuration provides multiple possibilities, including renting both units or occupying one while generating income from the other, with separate living spaces providing additional privacy and independence. Rental amounts, GRM, NOI, and capitalization-rate figures are estimates and projections only and are not representations of actual or guaranteed performance. Buyer should independently verify permitted use, unit configuration, square footage, rents, expenses, and all investment calculations.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $590,000 |
| No. of Units: | 2 |
| Year Built: | 1958 |
| Lot Size: | 2,165.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $295,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 3 |
| Number of Bathrooms: | 2 |
ID: 3yd-RMLSOR-737064487
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