1016 NE 86th Street, Vancouver, WA 98665

Vancouver
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: steve fischer, brendan greenheck
Office: northmarq multifamily, llc.
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:September 25, 2026 at 11:43 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
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