1000 W 23rd St

Vancouver, WA 98660
  • $985,000

    Price
  • 5

    Bed
  • 5

    Bath
  • 5,025

    SqFt

About the Listing 4LST01 - WHITFIEL

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

Listing Highlights

Status Active
Days on Site 11
Property Type Multi-Family
MLS ® 784732521
Year Built 1964
Total Square Footage 5,025
Lot/Acreage 0.25
County Clark
Elementary School Hough
Middle School Discovery
High School Hudsons Bay

Interior Details

  • Bedrooms: 5
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Crawl Space
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Zoning: R-9
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Assigned

Financial Details

  • Tax Amount: $7,603
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 061880000
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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Questions About..

1000 W 23rd St Vancouver, WA 98660

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Originating MLS: Regional Multiple Listing Service, Inc.

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KWES Leader

| Keller Williams Eugene Springfield

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