LKV Realty
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Steven FischerNorthmarq Multifamily, LLC
$3,650,000
1016 NE 86th Street, Vancouver, WA 98665Listing ID 2564972

1016 NE 86th Street, Vancouver, WA 98665

Active
Hazel Dell
Last updated: Aug 5, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Square Feet
Square Feet
17,400
Acres
Acres
0.48
Cooling
Cooling
None
Heating
Heating
Baseboard, Wall Furnace
Year Built
Year Built
1968

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.

Property Information

Property Details

Location

Address
1016 NE 86th Street
County
Clark
City
Vancouver
Zip Code
98665
Subdivision
Hazel Dell
School District
Vancouver
High School
Skyview High
Elementary School
Eisenhower Elementary
MLS Area
1043 - City Center West

Interior Features

Heating and Cooling

Cooling
None
Heating
Baseboard, Wall Furnace

Building

Building Information

Square Feet
17,400
Year Built
1968
Construction
Wood
Foundation
Poured Concrete
Roof
Flat
Condition
Updated/Remodeled

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$30,074
Tax Year
2026
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 11:06 PM UTC. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. 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. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM54887 • NWM147280

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.