Listing provided courtesy of Realty Pro, Inc.- MLS# 550990900
Contact Information: 360-281-7467
Contact Information: 360-281-7467Images
Request Info11111 NE 48TH CIRVancouver, WA 98682
Multi-Family · 0.30 Acres$1,995,000
Active
11111 NE 48TH CIR Overview
- Time on Site:
- 13 days
- Visits:
- 0
Excellent investment opportunity! This well-maintained 8-plex offers a turnkey addition to any portfolio, blending strong rental demand with immediate cash flow. Ideally situated for high tenant retention, the property is conveniently located directly on a major bus line, just minutes from shopping centers, dining, and easy freeway access. The property features plenty of parking for each unit, ensuring hassle-free parking for all residents. Tenants will enjoy the outdoor common space perfect for gatherings, while the owner will appreciate the attached coin-operated laundry room that provides a steady stream of increased ancillary revenue. Inside, pride of ownership shines with most units boasting newer laminate flooring, updated kitchens, and modernized bathrooms. With major capital expenditures already addressed and a location that practically rents itself, this asset is primed for long-term appreciation and consistent returns.
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11111 NE 48TH CIR Facts & Features
- Type Multi-Family
- Lot 0.30 Acres
Details
General
School Information
- Elementary School: Orchards
- Middle Or Junior School: Covington
- High School: Heritage
Income/Expenses
- Gross Income: 195300.0
- Net Operating Income: 0
- Operating Expense: 0
Building Information
- Year Built: 1982
Location/Region
- Country: US
- County Or Parish: Clark
- MLS Area Major: 22 - Vancouver: Evergreen
- Subdivision Name: KEVANNA PARK
Community/Development
- Community Features: Laundry
Rent/Lease Information
- Rent Includes: Trash Collection,Water
Tax Information
- Tax Annual Amount: 12448.1
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional
- Parcel Number: 108472046
- Property Condition: Approximately
- Property Type: Multi Family
- Zoning: R6
Interior
General Information
- Heating: Wall Heater
- Stories: 2
Exterior
Lot Information
- Lot Features: Cul-de-sac,Level,On Busline
- Lot Size Acres: 0.3
- Lot Size Square Feet: 13068.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 8
- Sewer: Public Sewer
11111 NE 48TH CIR Neighborhood
Community
98682 (Vancouver) Demographics
35
Median Age
2,114
Population Density (per sq. mile)
35%
College Educated
$76,299
Estimated Median Income
15,100
Estimated Total Home Owners
6,917
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.11111 NE 48TH CIR Monthly Cost
11111 NE 48TH CIR Market Data
Based on the last 30 days in this zip code
$577,773
Average List Price
$294
Average Price per Square Foot
61
Properties Sold
88
Average Days on Market
343
Properties for Sale
11111 NE 48TH CIR History
| Date | Value | Agent |
|---|---|---|
| 6/16/2026Source: Regional MLS | June 16, 2026 |