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Listed by: Steve Fischer (425) 830-2254 , Brendan Greenheck (425) 749-9593 | Northmarq Multifamily, LLC (952) 356-0100
$3,400,000
Monthly Est:$16,923
41 Beds
21 Baths
17,400sqft
1016 NE 86th Street, Vancouver, WA 98665
$3,400,000
$16,923/moEst:
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Multi Family
Built in 1968
$-- HOA
20,909 sqft lot
$195/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 23, 2026 at 1:45 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2564972
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1968
HOA Fees
-
Finished Area
17,400 sqft
Lot Size
20,909 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2564972
MLS Status
Active
Days on Market
59
Cumulative Days on Market
58
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 41
Bathrooms: 21
Interior
Exterior Features
Wood
Heating
Baseboard, Wall Furnace
Sewer
Sewer Connected
Cooling
None
Flooring
Vinyl, Vinyl Plank, Carpet
Construction
Year Built
Year Built: 1968
Home type
Multi Family
Construction Materials
Wood
Foundation Details
Poured Concrete
Property Condition
Updated/remodeled
Roof
Flat
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Curbs, Paved, Sidewalk
Subdivision Name
Hazel Dell
Price History
| Date | Event | Price |
|---|---|---|
08/05/2026 Source: | Price Increased | $3,650,000 +7.35% $210/sqft |
08/05/2026 Source: | Listed for Sale | $3,400,000 $195/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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