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 transit—driving 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.
NE Fourth Plain Blvd, N on NE 107th Ave, E on NE 59th St
Dwelling Type: MultiFamily
Subdivision: N/A
Year Built: 1968, County: US
NE Fourth Plain Blvd, N on NE 107th Ave, E on NE 59th St
Listing is courtesy of Keller Williams Realty Portland Premiere