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    Vancouver, WA Apartment Buildings for Sale

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    5-Unit Multifamily Property
    Updated: Jul 8
    5-Unit Multifamily Property

    1000 W 23RD St, Vancouver, WA 98660

    $985,000
    5,025 sqft 0.25 AC lot
    5‑unit multifamily asset built in 1964
    $78,642 gross rental income (2025) with $54,775 NOI (2025)
    Cap rate of 5.56%
    Fully occupied with 12‑month agreements (fully occupied per public remarks)
    All units are 1‑bedroom units (five total)
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    This listing looks promising.

    Here's a quick look at some key insights for

    1000 W 23RD St, Vancouver, WA 98660

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    • Est. Cap Rate

      5.9%
      Above avg (5.9%)

    • Est. NOI

      $58K
      Annual

    • Mortgage

      $130K
      Oct 2005

    • Last Sold

      Sep 2019
      $800K

    • Property Type

      Apartment House
      Built 1900
    View Property Analytics
    Three Duplex Residential Portfolio
    Updated: Jul 15
    Three Duplex Residential Portfolio

    3812 E 14TH St, Vancouver, WA 98661

    $1,299,000
    5,456 sqft 0.42 AC lot
    Bundle of 3 duplexes at 3812‑3814, 3816‑3818, and 3820‑3822 E 14th St
    All units are 2 bed, 1 bath, with approx. 900 SF per unit
    Parking for at least 8 vehicles based on the property’s parking configuration
    Flat roofs were redone approx. 2 years ago
    Laundry room attached to 3820‑3822: 2 washers and 2 dryers are metered (coins)
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    Three-Unit Residential Building
    Three-Unit Residential Building

    3316 GRAND Blvd, Vancouver, WA 98661

    $675,000
    2,850 sqft 0.14 AC lot

    Well-maintained three-unit building with 2-bed/1-bath layouts and private fenced yards for each unit.

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    Newly Constructed 40-Unit Apartment Community
    Newly Constructed 40-Unit Apartment Community

    1416 Northeast 68th Street, Vancouver, WA 98665

    $13,798,800
    39,217 sqft

    Modern 40-unit residential community with triplex and fourplex layouts, including attached garages and attached ADUs.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    8-Plex Apartment Building
    8-Plex Apartment Building

    11111 NE 48TH Cir, Vancouver, WA 98682

    $1,995,000
    0.30 AC lot

    Well-maintained 8-unit building with on-site parking, outdoor common space, and coin-operated laundry.

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    Office Building with Approved Apartments
    Office Building with Approved Apartments

    3506 MAIN St, Vancouver, WA 98663

    $989,000
    0.28 AC lot

    Fully leased office building with 2023/2024 permits for a 9-unit apartment project plus ground-floor commercial space.

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    New Multi-Family Apartment Community
    New Multi-Family Apartment Community

    7011 Northeast 126th Street, Vancouver, WA 98686

    Contact for pricing
    972 sqft

    Newly completed community with 1-, 2-, and 3-bedroom units, in-unit laundry, and resident amenities including pool and gym.

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    Vancouver Multifamily Investment Opportunity
    Vancouver Multifamily Investment Opportunity

    10701 NE 59th St, Vancouver, WA 98662

    $3,499,900
    12,000 sqft

    Fully renovated, 16-unit multifamily property with stabilized income.

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    Multifamily Property with Development Potential
    Multifamily Property with Development Potential

    2615 Neals Ln, Vancouver, WA 98661

    $9,500,000
    1,700 sqft 2.78 AC lot

    Multifamily property featuring duplexes, apartments, and office space.

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    Shorewood East Condo with Views
    Shorewood East Condo with Views

    5575 E EVERGREEN BLVD #4212, Vancouver, WA 98661

    $345,000
    1,093 sqft

    Condo with city views, balcony, and convenient complex amenities.

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    Vancouver Condo with Modern Amenities
    Vancouver Condo with Modern Amenities

    10800 SE 17TH CIR #D46, Vancouver, WA 98664

    $310,000

    Move-in ready 2-bedroom, 2-bathroom condo near downtown Vancouver.

    View details
    Based on your search, we've compiled 73 Potential Opportunities for your consideration. Besides 11 Active listings in Vancouver, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 54 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Modern Multifamily Investment in Portland
    Modern Multifamily Investment in Portland

    7070 N MONTANA Ave, Portland, OR 97217

    $2,170,000
    6,792 sqft 0.12 AC lot

    Six-unit apartment building in Arbor Lodge neighborhood.

    View details
    Remodeled Victorian Condo with Charm
    Remodeled Victorian Condo with Charm

    6817 NE 7TH AVE, Portland, OR 97211

    $375,000

    Charming, remodeled Victorian condo with modern amenities and sweeping views.

    View details
    New Construction Home in Concordia
    New Construction Home in Concordia

    6013 NE 30th AVE, Portland, OR 97211

    $394,000

    New construction home in NE Portland's Concordia neighborhood with modern features.

    View details
    Mixed-Use Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    8212 N DENVER AVE, Portland, OR 97217

    $3,500,000

    Remodeled mixed-use building with three fully leased storefront spaces and 11 upstairs residential units.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details

    Off-Market Properties in Vancouver, WA

    Consider similar Off-Market properties in Vancouver, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2220 192nd Avea
    APARTMENT HOUSE (5+ UNITS)

    2220 192nd Avea, Vancouver, WA 98683-1403

    $2,330,000
    Estimated value
    29,220 sqft 0.49 AC lot
    View details
    2220 192nd Aveb
    APARTMENT HOUSE (100+ UNITS)

    2220 192nd Aveb, Vancouver, WA 98683-1403

    $2,475,000
    Estimated value
    102,128 sqft 1.94 AC lot
    View details
    1110 Columbia Way
    APARTMENT HOUSE (100+ UNITS)

    1110 Columbia Way, Vancouver, WA 98660-3640

    $8,660,000
    Estimated value
    0.89 AC lot
    View details
    Vancouver, WA 98661
    APARTMENT HOUSE (5+ UNITS)

    Vancouver, WA 98661

    $520,000
    Estimated value
    16,850 sqft 0.23 AC lot
    View details
    2605 Ml Pln Blvd, Unit 42
    APARTMENT HOUSE (5+ UNITS)

    2605 Ml Pln Blvd, Vancouver, WA 98661-4872

    Unit 42
    Value Estimation by Request
    9,600 sqft 0.20 AC lot
    View details
    2829 6th St
    APARTMENT HOUSE (5+ UNITS)

    2829 6th St, Vancouver, WA 98661-4908

    $660,000
    Estimated value
    17,600 sqft 1.00 AC lot
    View details
    811 Reserve St
    APARTMENT HOUSE (5+ UNITS)

    811 Reserve St, Vancouver, WA 98661-4264

    $540,000
    Estimated value
    7,200 sqft 0.46 AC lot
    View details
    2474 Rossiter Ln, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    2474 Rossiter Ln, Vancouver, WA 98661-5793

    Unit 1
    $11,570,000
    Estimated value
    35,688 sqft 1.23 AC lot
    View details
    2609 Neals Ln
    APARTMENT HOUSE (5+ UNITS)

    2609 Neals Ln, Vancouver, WA 98661-5192

    $11,475,000
    Estimated value
    34,104 sqft 2.00 AC lot
    View details
    6900 154th Ave
    APARTMENT HOUSE (100+ UNITS)

    6900 154th Ave, Vancouver, WA 98682-5053

    Value Estimation by Request
    100,476 sqft 5.51 AC lot
    View details
    4242 18th St
    APARTMENT HOUSE (5+ UNITS)

    4242 18th St, Vancouver, WA 98661-6209

    $7,080,000
    Estimated value
    25,860 sqft 1.68 AC lot
    View details
    2409 Ml Pln Blvd
    APARTMENT HOUSE (5+ UNITS)

    2409 Ml Pln Blvd, Vancouver, WA 98661-4377

    Value Estimation by Request
    4,280 sqft 0.39 AC lot
    View details
    4601 Washington St
    APARTMENT HOUSE (5+ UNITS)

    4601 Washington St, Vancouver, WA 98663-3809

    Value Estimation by Request
    1,770 sqft 0.40 AC lot
    View details

    Vancouver, WA Apartment Buildings Market Trends and Statistics

    Explore 65 apartment buildings for sale in Vancouver, WA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 60,007 square feet of properties for sale, with an estimated market value of $78,264,440.

    Sale prices for two-family homes in Vancouver, WA start at $345,000, averaging $13,044,073, and reaching up to $50,135,740 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Small apartment buildings 1

    Demographics Overview

    Population 357K
    Population Growth (5Y) +8.5%
    Median Household Income $89,919
    College Educated 33.0%

    High-Yield Neighborhoods for Investment

    Identify Vancouver submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98664 $310K
    98682 $2.7M
    98662 $3.7M
    98661 $9.9M
    98665 $13.8M

    Taxes & Financing

    Tax Rate (average for all types) 0.92%
    Property Tax per SF $6.52 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Clark County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Vancouver fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Vancouver, WA

    • 98661
    • 98665
    • 98660
    • 98662
    • 98664
    • 98682
    • 98686

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