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$3,650,000

  • For Sale
  • Active
  • Multi-Family

Listed by Steve Fischer | Northmarq Multifamily, LLC | (952) 356-0100 and Brendan Greenheck | Northmarq Multifamily, LLC | (952) 356-0100

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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.

Full Property Details for 1016 NE 86th St

General

  • Price: $3,650,000
  • Taxes: $30,074 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2564972
  • Updated: 8/5/2026
  • Added to Site: 23 day(s) ago

Interior

  • Flooring: Vinyl, Vinyl Plank, Carpet

Parking

  • Uncovered Spaces: 21

Location

  • Area: 1043 - City Center West
  • County: Clark
  • Subdivision: Hazel Dell
  • Driving Directions: From I-5, take Exit 4 (NE 78th St) and head east. Turn north on NE Hwy 99, east on NE 88th St, then south on NE 10th Ave to NE 86th St. Property is on the south side.

School Information

  • High School District: Vancouver
  • Elementary School: Eisenhower Elementary
  • Middle School: Jefferson Middle
  • High School: Skyview High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Flat
  • Stories in Building: 2
  • Square Feet: 17,400
  • Year Built: 1968
  • Property Condition: Updated/Remodeled

Unit Information

  • Units in Building: 20

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.48
  • Lot Size (Sq. Ft.): 20,909
  • Lot Size Source: Clark County
  • Lot Features: Curbs, Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $30,074
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 97976011

Listed by Steve Fischer | Northmarq Multifamily, LLC | (952) 356-0100 and Brendan Greenheck | Northmarq Multifamily, LLC | (952) 356-0100

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Schools serving 1016 NE 86th St

School District:Vancouver Public Schools
NameGradesDistance
Dwight D Eisenhower Elementary School
9201 Northwest 9th Avenue, Vancouver, WA 98665
K-50.8 mi
Jefferson Middle School, Vancouver, WA
3000 Northwest 119th Street, Vancouver, WA 98685
6-82.5 mi
Skyview High School
1300 Northwest 139th Street, Vancouver, WA 98685
9-122.8 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 1016 NE 86th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/05/2026
Listed
$3,650,000
15.95%
MLS
6/16/2022
Sold
$3,148,000
—
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 1016 NE 86th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,537
—
$2,832,118
—
2024
$30,537
8%
$2,832,118
—
2023
$28,211
27%
$2,832,118
30%
2023
$22,167
—
$2,186,000
15%
2023
$22,167
1%
$1,900,900
5%
2021
$21,963
4%
$1,810,400
-2%
2020
$21,198
14%
$1,855,260
10%
2019
$18,664
-12%
$1,686,600
5%
2018
$21,215
13%
$1,606,300
9%
2017
$18,774
25%
$1,473,700
36%
2016
$15,027
6%
$1,087,570
10%
2015
$14,207
-5%
$988,700
—
2014
$14,935
—
$988,700
—
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 Steve Fischer | Northmarq Multifamily, LLC | (952) 356-0100 and Brendan Greenheck | Northmarq Multifamily, LLC | (952) 356-0100

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1016 NE 86th Street, Vancouver, WA 98665 (MLS# 2564972) is a Multi-Family property with 20 units containing 0 bedrooms and 0 full bathrooms. 1016 NE 86th Street is currently listed for $3,650,000 and was received on August 05, 2026. Want to learn more about 1016 NE 86th Street? Do you have questions about finding other Multi-Family real estate for sale in Northeast Hazel Dell? You can browse all Northeast Hazel Dell real estate or contact a Coldwell Banker agent to request more information.

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