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 Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
General Information
401196332
195
DOM
2
0.67 acres
1
12000
1968
GC
Clark
106970000
Orchards
Covington
Heritage
MultiFamily
FRUITLAWN #6 #7 LOT 52 .67A FOR ASSESSOR USE ONLY BAAP OF INTERSE
Listing Provided Courtesy of Darryl Bodle, Keller Williams Realty Portland Premiere
Krishna Realty data last checked: Feb 22, 2026 01:47 | Listing last modified Feb 19, 2026 19:42,
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Residence Information
12000
2
1
Paved
2
1968
No
LapSiding
Features and Utilities
HeatPump
MiniSplit
PublicSewer
Electricity
Financial
22613.92
None
Cash,Conventional
08-11-2025
No
No
Comparable Information
195
195
Cash,Conventional
$4,399,900
$3,749,900
Feb 19, 2026 19:42
Schools
Elementary : OrchardsN/ARatings Middle : Covington N/ARatings High : HeritageN/ARatings
Map
Listing courtesy of Keller Williams Realty Portland Premiere.
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.
