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$985,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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Acquire a rare opportunity to purchase a fully stabilized, low-maintenance 5-unit multifamily asset in a high-demand Vancouver, Washington submarket, located within one of the city's most supply-constrained infill corridors and supported by consistent in-place income and demonstrated long-term NOI performance. Investment Highlights: $54,775 NOI (2025) with strong historical performance; Gross rental income of $78,642 (2025); Fully occupied, 12-month agreements. Five, 1-bedroom units with consistent demand profile. Individual yard space for select units (rare for this asset class); Located near Downtown Vancouver, major freeways, and retail amenities; Attractive to both first-time investors and 1031 exchange buyers. Offering Price: $985,000Cap Rate: 5.56%; Number of Units: 5

Full Property Details for 1000 W 23rd St

General

  • Price: $985,000
  • Taxes: $7,602 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 784732521
  • Updated: 7/8/2026
  • Added to Site: 4 day(s) ago

Rental Information

  • Rent Includes: Maintenance Grounds, Sewer, Water

Parking

  • Total Spaces: 5
  • Parking Features: Assigned

Location

  • County: Clark
  • Driving Directions: Kauffman Ave and 23rd st.

School Information

  • Elementary School: Hough
  • Middle School: Discovery
  • High School: Hudsons Bay

Community

  • Community Name: 11 - Vancouver: Downtown

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Stories/Levels: 1
  • Square Feet: 5,025
  • Year Built: 1964

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 10,890
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Frontage: Concrete

Financial Considerations

  • Operating Expenses: $24,096
  • Tax Amount: $7,602.68
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: PORTLAND ADD ANNEX LOT 7 & 8 BLK A FOR ASSESSOR USE ONLY PORTLAND
  • Property ID: 61880000

Listed by List4FlatFee.com, LLC (425) 344-6779, Stacie Whitfield (425) 344-6779

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Listing agent

— 1000 W 23rd St —

  • Stacie Whitfield

    List4FlatFee.com, LLC

    425-344-6779

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1000 W 23rd St

School District:Vancouver Public Schools
NameGradesDistance
Hough Elementary School
1900 Daniels Street, Vancouver, WA 98660
K-50.4 mi
Discovery Middle School
800 East 40th Street, Vancouver, WA 98663
6-81.3 mi
Hudson's Bay High School
1601 East McLoughlin Boulevard, Vancouver, WA 98663
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1000 W 23rd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/08/2026
Listed
$985,000
23.12%
MLS
9/05/2019
Sold
$800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1000 W 23rd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,649
—
$783,800
—
2024
$7,649
4%
$783,800
—
2023
$7,324
10%
$783,800
10%
2023
$6,634
—
$712,500
31%
2023
$6,634
21%
$543,400
5%
2021
$5,489
4%
$517,500
—
2020
$5,298
27%
$517,500
22%
2019
$4,184
-10%
$423,300
8%
2018
$4,666
17%
$391,900
12%
2017
$3,992
3%
$349,900
8%
2016
$3,868
13%
$324,000
20%
2015
$3,409
-8%
$270,000
—
2014
$3,690
—
$270,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by List4FlatFee.com, LLC (425) 344-6779, Stacie Whitfield (425) 344-6779

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1000 W 23rd St, Vancouver, WA 98660 (MLS# 784732521) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 1000 W 23rd St is currently listed for $985,000 and was received on July 08, 2026. Want to learn more about 1000 W 23rd St? Do you have questions about finding other Multi-Family real estate for sale in Hough? You can browse all Hough real estate or contact a Coldwell Banker agent to request more information.

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