1016 NE 86th Street, Vancouver, WA 98665

Vancouver
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: steve fischer, brendan greenheck
Office: northmarq multifamily, llc.952-356-0100
MLS#:2564972
Source:NWMLS
1016 NE 86th Street,Vancouver, WA 98665
$3,400,000
  • - Beds
  • - Baths
  • 17,400 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$3,400,000
  • Price per sq. ft.:$195.4

About this home

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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Home facts

  • Year built:1968
  • Subdivision & Development:Hazel Dell
  • Listing ID #:2564972
  • Updated:November 13, 2026 at 01:28 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor, Vinyl Plank
  • Living area:17,400 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Flat Roof
  • Year built:1968
  • Building area:17,400 sq. ft.
  • Lot area:0.48 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish

Schools

  • High school:Skyview High
  • Middle school:Jefferson Middle
  • Elementary school:Eisenhower Elementary

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$3,400,000
  • Price per sq. ft.:$195.4
  • Tax amount:$30,074 (2026)

Parking

  • Total parking spaces:21
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of November 13, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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