11111 NE 48TH CIR Vancouver, WA $ 1,995,000
11111 NE 48TH CIR
$ 1,995,000
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11111 NE 48TH CIR

Vancouver, WA, 98682
$ 1,995,000
Bedrooms9 Baths5.0

Monthly Estimate*

$ 12,284

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Multi-Family Home for sale in Vancouver, WA

for $1,995,000 with 9 bedrooms and 5 full baths. This home was built in 1982 on a lot size of 0.3.

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.

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Multi-Family Active

Price

$ 1,995,000

Bedrooms

9

Full Bath

5

Property Type

Multi-Family

Taxes

$ 12,448

Style

Lot Size

0.3

Year Built

1982

Town/City

Vancouver

County/Region

Clark

MLS | Web ID

550990900

Features
General
Sewer PublicSewer
Heating WallHeater
Roof Composition
Zoning R6
Year Built 1982
Stories Count 2
Tax Year 2025
Parcel Number 108472046
Gross Income 195300.0
Community Features Laundry
County Clark
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Subdivision Name KEVANNA PARK
Rent Includes TrashCollection Water
Status Active
Directions SR 500-South on 112th Ave R on NE 51st Cir L on NE 110th Ave L on NE 48th Cir
High School Heritage
City Vancouver
Disclosures Disclosure
Number Of Units Total 8
MLS Area _22
Lot Size Square Feet 13068.0
Listing Terms Cash Conventional
Elementary School Orchards
Tax Annual Amount 12448.1
Middle/Junior High School Covington
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description KEVANNA LOT 9 FOR ASSESSOR USE ONLY KEVANNA LOT 9
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Exterior
Lot Features Cul_de_sac Level OnBusline
Water Source PublicWater
Exterior Description VinylSiding
Lot Size Acres 0.3
Road Surface Type Paved
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Interior
Hot Water Electricity Tank
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit 5 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5
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Internal Only
Street Number 1 11111
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* Excluded Features
List By
Realty Pro, Inc.

Broker

360-281-7467

Contact

Affordability Calculator

$13,321
Per Month
92%
8%
0%
Monthly Principal & Interest
$12,284
Monthly Property Taxes
$1,037
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949698 Elementary School
1949224 Middle School
Heritage High School High School
Pricing History
DatePricePrice ChangeDescription
6/17/2026$1,995,000 Listed Price

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11111 NE 48TH CIR, Vancouver, WA, 98682 is a Multi-Family Home for sale at $1,995,000 with a lot size of 0.3. 11111 NE 48TH CIR has 9 bedrooms, 5.0 baths, and was built in 1982. The property's zip code is 98682 which is in Vancouver, WA