WA > Vancouver
Vancouver, WA 98662,10701 NE 59TH ST
Vancouver, WA 98662,10701 NE 59TH ST
Vancouver, WA 98662,10701 NE 59TH ST
16
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$3,999,900
Est. payment /mo
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12,000 SqFt
Price Dropped by $400K

10701 NE 59TH ST Vancouver, WA 98662

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Donna Jo Merrifield

Donna Jo Merrifield

+1(541) 981-1436

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $333

MLS Listing ID 401196332

Year Built 1968

Annual Tax Amount $22,613

Tax Year 2024

Lot Size 0.670 Acres

Property Description

This 16-unit property at 10701 NE 59th St offers investors immediate income with a 6.54% cap rate and the security of full renovations already completed. Each 2BR/1BA apartment showcases contemporary finishes, durable hard-surface flooring, and slab countertops in open, light-filled layouts. The desirable Five Corners location delivers high walkability, onsite parking, and close proximity to employment centers, retail, and transit—driving strong tenant demand. With minimal ongoing capital needs, this property is positioned for stable cash flow and long-term appreciation in one of Vancouver's most active rental markets.

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

Regional Multiple Listing Service (RMLS)

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Donna Jo Merrifield

Donna Jo Merrifield

Principal Broker, South/Central OR Area Leader, Dream & Key Group Team Leader | License ID: 971200102

+1(541) 981-1436

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10701 NE 59TH ST