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  • $3,315,000

    10701 NE 59th St, Vancouver, WA 98662

    32beds
    12,000sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $3,315,200 Zestimate®
    $276/sqft
    $1,653 Estimated rent

    Home value

    $3,315,200

    $3.15M - $3.48M

    $1,653/mo

    Zestimate® history
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    $1,653/mo

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    $20,228/mo

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    What's special

    Onsite parkingContemporary finishesDurable hard-surface flooringOpen light-filled layoutsNearby parksSolid surface countertops
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Darryl Bodle 503-709-4632,

    Keller Williams Realty Portland Premiere,

    Michael Brazie 503-317-3557,

    Keller Williams Realty Portland Premiere

    Bought with:

    Allison Stanisel, 23023031

    Skyline Real Estate

    Source: RMLS (OR),MLS#: 401196332MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 32
    • Bathrooms: 16
    • Full bathrooms: 16
    Heating
    • Mini Split
    Cooling
    • Heat Pump, Air Conditioning
    Appliances
    • Included: Dishwasher, Microwave, Range
    Interior area
    • Total structure area: 12,000
    • Total interior livable area: 12,000 sqft

    Property

    Parking
    • Parking features: Paved
    Features
    • Stories: 2
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 0.67 Acres
    • Features: Corner Lot, Level, SqFt 20000 to Acres1
    Details
    • Parcel number: 106970000
    • Zoning: GC

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Lap Siding
    Condition
    • Updated/Remodeled
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Vancouver

    Financial & listing details

    • Price per square foot: $276/sqft
    • Annual tax amount: $22,613
    • Date on market: 8/11/2025
    • Cumulative days on market: 313 days
    • Listing terms: Cash,Conventional
    • Total actual rent: 26400

    Price history

    DateEventPrice
    7/9/2026Pending sale$3,499,900+5.6%$292/sqft
    Source: RMLS (OR) #401196332 Report a problem
    7/8/2026Sold$3,315,000-5.3%$276/sqft
    Source: RMLS (OR) #401196332 Report a problem
    5/26/2026Price change$3,499,900-2.8%$292/sqft
    Source: RMLS (OR) #401196332 Report a problem
    3/17/2026Price change$3,599,900-4%$300/sqft
    Source: RMLS (OR) #401196332 Report a problem
    2/20/2026Listed for sale$3,749,900$312/sqft
    Source: RMLS (OR) #401196332 Report a problem
    7/30/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/27/2024Price change$1,150-3.8%
    Source: Zillow Rentals Report a problem
    7/6/2024Price change$1,195-14.3%
    Source: Zillow Rentals Report a problem
    5/21/2024Listed for rent$1,395
    Source: Zillow Rentals Report a problem
    12/30/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/18/2023Listed for rent$1,395
    Source: Zillow Rentals Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Five Corners

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Orchards
    • Middle: Covington
    • High: Heritage

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,315,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,315,200