1000 W 23RD ST Vancouver, WA 98660
Price:
$985,000
Units:
5
Acres:
0.25
Unit 1:
1 Bed 1.0 Bath $1,365/mo
Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer
Unit 2:
1 Bed 1.0 Bath $1,195/mo
Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer
Unit 3:
1 Bed 1.0 Bath $1,493/mo
Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer
Unit 4:
1 Bed 1.0 Bath $1,215/mo
Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer
Unit 5:
1 Bed 1.0 Bath $1,345/mo
Features: Hardwood Floors, Range, Refrigerator, Washer/Dryer
MLS#:
784732521
Lot Size:
10,000 to 14,999 SqFt
Type:
Multi
Zone:
R-9
Yr Built:
1964
Taxe/yr:
$7,602.68
County:
Clark
Status:
Active
Levels:
1
Heat:
Wall Furnace
View:
Park/Greenbelt
Elem:
Hough
Middle:
Discovery
High:
Hudsons Bay
Area:
Vancouver: Downtown
Courtesy of:
List4FlatFee.com, LLC
Remarks:
Acquire a rare opportunity to purchase a fully stabilized, low-maintenance 5-unit multifamily asset in a high-demand Vancouver, Washington submarket, located within one of the city’s most supply-constrained infill corridors and supported by consistent in-place income and demonstrated long-term NOI performance. Investment Highlights: $54,775 NOI (2025) with strong historical performance; Gross rental income of $78,642 (2025); Fully occupied, 12-month agreements. Five, 1-bedroom units with consistent demand profile. Individual yard space for select units (rare for this asset class); Located near Downtown Vancouver, major freeways, and retail amenities; Attractive to both first-time investors and 1031 exchange buyers. Offering Price: $985,000Cap Rate: 5.56%; Number of Units: 5
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