Vancouver, WA 98662,10701 NE 59TH ST
Vancouver, WA 98662,10701 NE 59TH ST
Vancouver, WA 98662,10701 NE 59TH ST
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Jacob Sanders

Jacob Sanders

+1(971) 353-1597
Listed by Keller Williams Realty Portland Premiere
$3,749,900
Est. payment /mo
12,000 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $312

MLS Listing ID 401196332

Year Built 1968

Annual Tax Amount $22,613

Tax Year 2024

Lot Size 0.670 Acres

Property 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.

Location

State WA

County Clark

Area _21

Zoning GC

Interior

Heating Mini Split

Cooling Heat Pump

Exterior

View Trees Woods

Garage No

Building

Lot Description Corner Lot, Level

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Orchards

Middle Schools Covington

High Schools Heritage

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtu.be/JBpkqiWRnRM?si=iZdX7_I8PveIgWWP

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Regional Multiple Listing Service (RMLS)

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 20
  • 7

    Image Elementary School

    Public | KG - 5

  • 6

    Fircrest Elementary School

    Public | KG - 5

  • 6

    Endeavour Elementary School

    Public | KG - 5

  • 6

    Sunset Elementary School

    Public | KG - 5

  • 5

    Burnt Bridge Creek Elementary School

    Public | KG - 5

  • 5

    Walnut Grove Elementary School

    Public | PK - 5

  • 5

    Sifton Elementary School

    Public | KG - 5

  • 5

    Silver Star Elementary School

    Public | KG - 5

  • 4

    Marrion Elementary School

    Public | KG - 5

  • 3

    Hearthwood Elementary School

    Public | KG - 5

  • 3

    Evergreen Flex Academy

    Public | KG - 12

  • 3

    Burton Elementary School

    Public | KG - 5

  • 2

    Northwest Allprep

    Public | KG - 12

  • 1

    Marshall Elementary School

    Public | PK - 5

  • 1

    Peter S. Ogden Elementary School

    Public | PK - 5

  • 1

    Orchards Elementary School

    Public | KG - 5

  • 0

    Vancouver Montessori School

    Private | PK - KG

  • 0

    Cascadia School

    Private | 1 - 8

  • 0

    49th Street Academy

    Public | KG - 12

  • 0

    Skinner Elementary Montessori School

    Private | PK - 6

Middle Schools 3
  • 4

    Covington Middle School

    Public | 6 - 8

  • 1

    Iq Academy Washington

    Public | 6 - 12

  • 1

    Cascade Middle School

    Public | 6 - 8

High Schools 7
  • 9

    Hela High School

    Public | 9 - 12

  • 6

    Prairie High School

    Public | 9 - 12

  • 5

    Evergreen High School

    Public | 9 - 12

  • 3

    Heritage High School

    Public | 9 - 12

  • 0

    Seton Catholic College Preparatory High School

    Private | 9 - 12

  • 0

    Legacy High School

    Public | 9 - 12

  • 0

    Clark County Skills Center

    Public | 9 - 12

School and business data provided by Attom Data.

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Jacob Sanders
Jacob Sanders

Broker | License ID: OR201248058WA24030263FL3600760

+1(971) 353-1597 | jacoblisted@gmail.com

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