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Single-Level Fourplex with Private Patios
For Sale
$825,000

10905 NE 6TH St, Vancouver, WA 98664

MultiFamily, Vancouver, WA

Property Size3,224 SF
Lot Size0.33 Acres
Price / SF$255.89
Days on Market48

Property Features for 10905 NE 6TH St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-18
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 8, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 7, Bathroom 1, Bathroom 3
Elementary school Ellsworth
Middle school Wy East
High school Mountain View
Directions Mill Plain, to NE 104th, to NE 7th, to NE 108th, to NE 6th
Subdivision _20
Standard status Active
APN 110291418
Size 3,224 SF
Lot size 0.33 Acres

Taxes and HOA fees

Tax Description CONIFER 2ND ADD LOT 2 FOR ASSESSOR USE ONLY CONIFER 2ND ADD LOT 2
Tax Annual Amount 6462
Legal Description CONIFER 2ND ADD LOT 2 FOR ASSESSOR USE ONLY CONIFER 2ND ADD LOT 2

Utilities

Heating system Ceiling

Amenities

private patio
storage space
shared backyard
shared laundry area

Building Details

Year built 1966
Floors in Building 1
Number of units 4
Roof type Shingle
Listing Agency: Keller Williams Realty Portland Central
Listed By: Alexander Johnson
Added: Sep 3 Changed: Oct 18 Last Checked: Oct 20 at 8:06PM
MLS# 509342913

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This single-level fourplex contains 3,224 square feet on a 0.33-acre lot. The four units have been updated, with private patios and storage areas assigned to each residence. Shared amenities include a laundry area and a fully fenced backyard. The roof, siding, brick exterior, and double-pane vinyl windows are in good condition, while low-maintenance landscaping supports straightforward upkeep.

Three units are occupied under month-to-month leases, and one is vacant. Parking includes large two-car driveways and additional street parking. Built in 1966 and zoned R-18, the property offers quick access to I-205 and other major commuter routes serving Downtown Vancouver, Camas, and Portland. The units are described as quiet inside despite their convenient freeway access.

Key Highlights

  • Four‑unit, single‑level property with 3,224 square feet
  • 0.33‑acre lot with large two‑car driveways and additional street parking
  • Three units occupied on month‑to‑month leases; one unit currently vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,078
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$861,560 $861.6K
Cap Rate 7%
$615,400 $615.4K
Cap Rate 9%
$478,644 $478.6K
Market Conditions
NOI Build-Up for 3,224 SF
Gross rent
$64.6K $20.04/SF
− Vacancy
−$3.1K −$0.95/SF
EGI
$61.5K $19.09/SF
− OpEx
−$18.5K −$5.73/SF
NOI
$43.1K $13.36/SF
Area
Vancouver, WA
Vacancy
4.75%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$861,560
Cap Rate 7%
$615,400
Cap Rate 9%
$478,644

Alternative Uses

Best Use
Multifamily LT 5
$615.4K
$538.5K – $718.0K (±1% cap)
NOI $43,078 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$534.2K
$467.5K – $623.3K (±1% cap)
NOI $37,397 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$788.8K
$690.2K – $920.3K (±1% cap)
NOI $55,217 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

819
Businesses Nearby

Demographics for 98664, WA

24,120
Population
9,656
Households
2.5
Avg Household Size
40
Median Age
34%
College-Educated
95%
High-School Grad
5.2 sq mi
ZIP Area
4,638
Density / Sq Mi
$81,697
Median Household Income
$46,754
Median Earnings
$1,670
Median Rent
$442,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Updated units include private storage, shared laundry, and a fully fenced common backyard.
Where is this quadplex located?
The property is located at 10905 NE 6TH St Vancouver, WA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Four‑unit, single‑level property with 3,224 square feet; 0.33‑acre lot with large two‑car driveways and additional street parking; Three units occupied on month‑to‑month leases; one unit currently vacant
More about this property
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