10701 NE 59TH ST, Vancouver, WA 98662

  • $3,499,900
  • $3,599,900

Overview

  • 12000 Sqft
    Property Size
  • 1968
    Year Built
  • MultiFamily
    Property Type
  • 401196332
    MLS#
  • 0.67 Acres
    Land Area
  • Keller Williams Realty Portland Premiere
    Office Name
  • Darryl Bodle
    Agent Name

Description

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.

Details

Updated on May 26, 2026 at 10:22 pm
  • MLS# 401196332
  • Price $3,499,900
  • Property Size 12000 Sqft
  • Land Area 0.67 Acres
  • Garage Size x x
  • Year Built 1968
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Keller Williams Realty Portland Premiere
  • Agent Name Darryl Bodle
  • Office Phone 503-597-2444

Additional details

  • Listing Terms Cash, Conventional
  • Sewer Public Sewer
  • Cooling Heat Pump
  • Heating Mini Split
  • County Clark
  • Property Type MultiFamily
  • Parking Paved
  • Elementary School Orchards
  • Middle School Covington
  • High School Heritage

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