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1016 NE 86th Street Vancouver, WA $ 3,650,000
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$ 3,650,000 Get more info
1016 NE 86th Street
$ 3,650,000
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1016 NE 86th Street

Vancouver, WA, 98665
$ 3,650,000
Bedrooms41 Baths21.0 Sq 17,400

Monthly Estimate*

$ 23,046

Listed by Northmarq Multifamily, LLC
1016 NE 86th Street, Vancouver, WA 98665 - Image 1
1016 NE 86th Street, Vancouver, WA 98665 - Image 2
1016 NE 86th Street, Vancouver, WA 98665 - Image 3
1016 NE 86th Street, Vancouver, WA 98665 - Image 4
1016 NE 86th Street, Vancouver, WA 98665 - Image 5
1016 NE 86th Street, Vancouver, WA 98665 - Image 6
1016 NE 86th Street, Vancouver, WA 98665 - Image 7
1016 NE 86th Street, Vancouver, WA 98665 - Image 8
1016 NE 86th Street, Vancouver, WA 98665 - Image 9
1016 NE 86th Street, Vancouver, WA 98665 - Image 10
1016 NE 86th Street, Vancouver, WA 98665 - Image 11
1016 NE 86th Street, Vancouver, WA 98665 - Image 12
1016 NE 86th Street, Vancouver, WA 98665 - Image 13

Multi-Family Home for sale in Vancouver, WA

for $3,650,000 with 41 bedrooms and 21 full baths. This 17,400 square foot home was built in 1968 on a lot size of 0.48.

We are pleased to present Sydney Court, a 20-unit apartment community in the Hazel Dell neighborhood of Vancouver, Washington. Built in 1968 across two buildings, the property offers two-bedroom, one-bath and three-bedroom, two-bath floor plans averaging 870 square feet, with full-size in-unit washers and dryers in every home. Offered at $3,650,000 ($183,000 per unit / $210 per NRSF), the property delivers a 6.53% in-place cap rate with current rents approximately 7.89% below market. Eighteen of the twenty units have been extensively renovated with stainless appliances, quartz counters, new cabinets, flooring, trim, doors, and lighting, and the roof was replaced in 2022, minimizing near-term capital needs. The Hazel Dell location offers convenient access to a major retail corridor anchored by Walmart, Target, and Kohl’s, plus Hazel Dell Marketplace, area employment centers, and regional transportation.

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Multi-Family Active

Price

$ 3,650,000

Bedrooms

41

Full Bath

21

Property Type

Multi-Family

Taxes

$ 30,074

Style

10+ Units

Lot Size

0.48

Year Built

1968

Town/City

Vancouver

County/Region

Clark

MLS | Web ID

2564972
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Wall Furnace
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Garage Spaces 0
Year Built 1968
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Clark
Net Operating Income 238356
Insurance Expense 11285
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Hazel Dell
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-5 take Exit 4 (NE 78th St) and head east. Turn north on NE Hwy 99 east on NE 88th St then south on NE 10th Ave to NE 86th St. Property is on the south side.
High School Skyview High
City Vancouver
Senior Community Y/N N
High School District Vancouver
Zoning Description Multi-Family
Number Of Units Total 20
MLS Area 1043 - City Center West
Lot Size Units Square Feet
Lot Size Square Feet 20909
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Eisenhower Elementary
Tax Annual Amount 30074
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Jefferson Middle
Property Condition Updated/Remodeled
Public Remarks We are pleased to present Sydney Court a 20-unit apartment community in the Hazel Dell neighborhood of Vancouver Washington. Built in 1968 across two buildings the property offers two-bedroom one-bat
Leasable Area 17400
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company Clark Public Utilities
Units Below Grade false
Units In Building Total 20
Water Sewer Garbage 17778
Property Style 56 - 10+ Units
Cap Rate 6.53
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Exterior
Exterior Amenities Wood
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 21
Foundation Details Poured Concrete
Building Area Total 17400
Lot Size Acres 0.48
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 21
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Interior
Flooring Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2564972
Street Number 1 1016
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* Excluded Features
List By
Steve Fischer

Listing Agent

Northmarq Multifamily, Llc

Broker

Affordability Calculator

$25,553
Per Month
90%
10%
0%
Monthly Principal & Interest
$23,046
Monthly Property Taxes
$2,506
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5409681 Elementary School
3952562 Middle School
Skyview High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/5/2026$3,650,000 Listed Price

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1016 NE 86th Street, Vancouver, WA, 98665 is a Multi-Family Home for sale at $3,650,000 with 17,400 sqft and a lot size of 0.48. 1016 NE 86th Street has 41 bedrooms, 21.0 baths, and was built in 1968. The property's zip code is 98665 which is in Vancouver, WA

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