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  • $1,995,000

    11111 NE 48th Cir, Vancouver, WA 98682

    15beds
    6,328sqft
    : 
    $12,495/mo
    Get pre-qualified
    Multi Family
    Built in 1982
    -- sqft lot
    $-- Zestimate®
    $315/sqft
    $-- HOA

    What's special

    Modernized bathroomsNewer laminate flooringAttached coin-operated laundry roomUpdated kitchens
    Excellent investment opportunity! This well-maintained 8-plex offers a turnkey addition to any portfolio, blending strong rental demand with immediate cash flow. Ideally situated for high tenant retention, the property is conveniently located directly on a major bus line, just minutes from shopping centers, dining, and easy freeway access. The property features plenty of parking for each unit, ensuring hassle-free parking for all residents. Tenants will enjoy the outdoor common space perfect for gatherings, while the owner will appreciate the attached coin-operated laundry room that provides a steady stream of increased ancillary revenue. Inside, pride of ownership shines with most units boasting newer laminate flooring, updated kitchens, and modernized bathrooms. With major capital expenditures already addressed and a location that practically rents itself, this asset is primed for long-term appreciation and consistent returns.
    38 days
    |
    138
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jill DeLoach 360-281-7467,

    Realty Pro, Inc.

    Source: RMLS (OR),MLS#: 550990900MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 15
      • Bathrooms: 8
      • Full bathrooms: 8
      Appliances
      • Included: Dishwasher, Range, Refrigerator, Electric Water Heater, Tank Water Heater
      • Laundry: Common Area
      Interior area
      • Total structure area: 6,328
      • Total interior livable area: 6,328 sqft

      Property

      Features
      • Stories: 2
      Lot
      • Size: 0.3 Acres
      • Features: Cul-De-Sac, Level, On Busline, SqFt 10000 to 14999
      Details
      • Parcel number: 108472046
      • Zoning: R6

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • Approximately
      • Year built: 1982

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Laundry
      • Subdivision: Kevanna Park
      Location
      • Region: Vancouver

      Financial & listing details

      • Price per square foot: $315/sqft
      • Annual tax amount: $12,448
      • Date on market: 6/16/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 11625
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/17/2026Listed for sale$1,995,000+262.7%$315/sqft
        Source: RMLS (OR) #550990900 Report a problem
        6/13/2026Listing removed$1,475
        Source: Zillow Rentals Report a problem
        6/2/2026Price change$1,475-1.3%
        Source: Zillow Rentals Report a problem
        5/11/2026Price change$1,495-3.5%
        Source: Zillow Rentals Report a problem
        5/4/2026Price change$1,550-1.3%
        Source: Zillow Rentals Report a problem
        4/25/2026Listed for rent$1,570+1.3%
        Source: Zillow Rentals Report a problem
        1/1/2026Listing removed$1,550
        Source: Zillow Rentals Report a problem
        12/29/2025Price change$1,550-1.6%
        Source: Zillow Rentals Report a problem
        12/7/2025Listed for rent$1,575+6.8%
        Source: Zillow Rentals Report a problem
        7/12/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/8/2023Price change$1,475-1.7%
        Source: Zillow Rentals Report a problem
        6/28/2023Listed for rent$1,500
        Source: Zillow Rentals Report a problem
        9/17/2013Listing removed$550,000$87/sqft
        Source: Keller Williams Premier Partners #13043346 Report a problem
        8/30/2013Listed for sale$550,000$87/sqft
        Source: Keller Williams Premier Partners #13043346 Report a problem

        Public tax history

        Tax history is unavailable.
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Kevanna Park

        Getting around

        53 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        62 / 100
        Bikeable

        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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