10701 NE 59th St

Vancouver, WA 98662
  • $3,749,900

    Price
  • 32

    Bed
  • 16

    Bath
  • 12,000

    SqFt

About the Listing 4KLW01 - BODLEDA,BRAZIEJR

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.

Listing Highlights

Status Active
Days on Site 172
Property Type Multi-Family
MLS ® 401196332
Year Built 1968
Total Square Footage 12,000
Lot/Acreage 0.67
County Clark
Elementary School Orchards
Middle School Covington
High School Heritage

Interior Details

  • Bedrooms: 32
  • Bathrooms: 16 Full
  • Appliances:
  • Air Cond: Heat Pump
  • Heating: Mini Split
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Corner Lot,Level
  • Garage Capacity: N/A
  • Zoning: GC
  • Roof:
  • Others: Updated/Remodeled
  • Sewer: Public Sewer
  • Parking Features: Paved

Financial Details

  • Tax Amount: $22,614
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 106970000
  • Tax Year: N/A

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Questions About..

10701 NE 59th St Vancouver, WA 98662

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Originating MLS: Regional Multiple Listing Service, Inc.

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