2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 2:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 3:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 4:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 5:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 6:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 7:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 8:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 9:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 10:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 11:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 12:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 13:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 14:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 15:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
Unit 16:
2 Bed1.0 Bath$1,650/mo Features:Air Conditioning, Dishwasher, Microwave, Range
MLS#:
401196332
Lot Size:
20,000 SqFt to .99 Acres
Type:
Multi
Zone:
GC
Yr Built:
1968
Taxe/yr:
$22,613.92
County:
Clark
Status:
Active
Levels:
2
Heat:
Mini Split
View:
Trees/Woods
Elem:
Orchards
Middle:
Covington
High:
Heritage
Lot Desc:
Corner Lot, Level
Area:
Vancouver: Walnut Grove / W. Orchards
Courtesy of:
Keller Williams Realty Portland Premiere
Remarks:
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.
