11111 NE 48TH CIR, Vancouver, WA 98682
11111 NE 48TH CIR, Vancouver, WA 98682
11111 NE 48TH CIR, Vancouver, WA 98682
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Listed by Realty Pro, Inc. • 360-281-7467
$1,995,000
Est. payment /mo
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0.3 Acres Lot
New

11111 NE 48TH CIR Vancouver, WA 98682

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Kevanna Park

MLS Listing ID 550990900

Year Built 1982

Annual Tax Amount $12,448

Tax Year 2025

Lot Size 0.300 Acres

Property Description

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.

Location

State WA

County Clark

Community Laundry

Area _22

Zoning R6

Interior

Heating Wall Heater

Exterior

Community Features Laundry

Roof Type Composition

Garage No

Building

Lot Description Cul_de_sac, Level, On Busline

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Orchards

Middle Schools Covington

High Schools Heritage

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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11111 NE 48TH CIR