11111 NE 48TH CIR Vancouver, WA 98682
Price:
$1,995,000
Units:
8
Acres:
0.3
Unit 1:
2 Bed 1.0 Bath $1,550/mo
Features: Dishwasher, Range, Refrigerator
Unit 2:
2 Bed 1.0 Bath $1,500/mo
Features: Dishwasher, Range, Refrigerator
Unit 3:
2 Bed 1.0 Bath $1,500/mo
Features: Dishwasher, Range, Refrigerator
Unit 4:
2 Bed 1.0 Bath $1,500/mo
Features: Dishwasher, Range, Refrigerator
Unit 5:
2 Bed 1.0 Bath $1,475/mo
Features: Dishwasher, Range, Refrigerator
Unit 6:
2 Bed 1.0 Bath $1,450/mo
Features: Dishwasher, Range, Refrigerator
Unit 7:
2 Bed 1.0 Bath $1,450/mo
Features: Dishwasher, Range, Refrigerator
Unit 8:
1 Bed 1.0 Bath $1,200/mo
Features: Dishwasher, Range, Refrigerator
MLS#:
550990900
Lot Size:
10,000 to 14,999 SqFt
Type:
Multi
Zone:
R6
Yr Built:
1982
Taxe/yr:
$12,448.10
County:
Clark
Status:
Active
Levels:
2
Heat:
WallHeater
Nhood/Bldg:
KEVANNA PARK
Elem:
Orchards
Middle:
Covington
High:
Heritage
Lot Desc:
Cul-de-sac, Level, On Busline
Area:
Vancouver: Evergreen
Courtesy of:
Realty Pro, Inc.
Remarks:
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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