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 transitdriving 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.
-
0BEDS
-
0.67ACRES
-
0BATHS
-
01/2 BATHS
-
12,000SQFT
-
$333$/SQFT
School Information
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 transitdriving 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.
Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Central Oregon Home Pros | KW are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-06T00:48:46.91.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Central Oregon Home Pros | KW and should be independently verified.
Listing provided courtesy of Keller Williams Realty Portland Premiere: .