10701 NE 59th St, Vancouver, WA 98662
Local realty services provided by:ERA Freeman & Associates, Realtors
10701 NE 59th St,Vancouver, WA 98662
$3,749,900
- - Beds
- - Baths
- 12,000 sq. ft.
- Multi-family
- Active
Listed by: darryl bodle, michael brazie
Office: keller williams realty portland premiere
MLS#:401196332
Source:PORTLAND
Price summary
- Price:$3,749,900
- Price per sq. ft.:$312.49
About this home
Fully renovated & fully leased building with a 6.75% cap rate! This price is eligible for any sale that closes on or before 4/31/2026. Located at 10701 NE 59th St in Vancouver, this 16-unit multifamily asset delivers immediate, stabilized income with the added security of comprehensive renovations already completed. Each 2BR/1BA apartment features contemporary finishes, durable hard-surface flooring, and solid surface countertops in open, light-filled layouts designed to support strong tenant retention. The property benefits from a prime Five Corners location offering excellent walkability, onsite parking, and close proximity to major retail and lifestyle amenities including Vancouver Mall, Vancouver Plaza, grocery stores, dining, and everyday services, as well as convenient access to C-TRAN transit routes and key commuter corridors such as SR-500 and I-205. Nearby parks, employment centers, and neighborhood conveniences further enhance tenant demand. With minimal near-term capital expenditure requirements, this asset is positioned for reliable cash flow today and long-term appreciation in one of the Vancouver metro area’s most active and resilient rental submarkets.
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Home facts
- Year built:1968
- Listing ID #:401196332
- Added:191 day(s) ago
- Updated:February 20, 2026 at 04:21 AM
Rooms and interior
- Living area:12,000 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Mini Split
Structure and exterior
- Year built:1968
- Building area:12,000 sq. ft.
- Lot area:0.67 Acres
Schools
- High school:Heritage
- Middle school:Covington
- Elementary school:Orchards
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,749,900
- Price per sq. ft.:$312.49
- Tax amount:$22,614 (2025)
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