About 5409 Ne St Johns Rd
Fantastic investment! A rare opportunity for a mixed use property along Vancouver's bustling NE St. John's Rd. Building boasts 7 residential apartment units PLUS commercial space! No vacancies & all leases are current! High traffic corridor & great exposure. Rent role available. Building has seen updates in 2022 & 2023. New roof installed October 2023. New exterior paint! Most units updated & commercial space remodeled. Some photos are outdated. 5 of 7 apartments have newer laminate flooring, paint, refinished cabinets. 2 apartments have had the same tenants for multiple decades. Plenty of parking. Please do not disturb tenants! Interior inspection only with accepted offer.
Features of 5409 Ne St Johns Rd
| MLS® # | 23389130 |
|---|---|
| Price | $1,250,000 |
| Units | 8 |
| Square Footage | 5,690 |
| Year Built | 1946 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 5409 Ne St Johns Rd |
|---|---|
| Area | 15 - Vancouver: E Hazel Dell / Minnehaha |
| Subdivision | MINNEHAHA |
| City | Vancouver |
| County | Clark |
| State | WA |
| Zip Code | 98661 |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
| Basement | Crawl Space |
Exterior
| Exterior | Stucco, Wood Siding |
|---|---|
| Lot Description | Level, On Busline |
| Roof | Flat |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Minnehaha |
|---|---|
| Middle | Jason Lee |
| High | Hudsons Bay |
Additional Information
| Date Listed | November 29th, 2023 |
|---|---|
| Days on Market | 151 |
| Zoning | CC |
| Short Sale | No |
| RE / Bank Owned | No |
| Cap Rate | 7.38 |
Unit 2 Details
| Baths | 1 |
|---|---|
| Rent | $2,266 |
| Features | AirConditioning, Storage |
Unit 3 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,150 |
| Features | Range, Refrigerator |
Unit 4 Details
| Beds | 2 |
|---|---|
| Baths | 1 |
| Rent | $1,000 |
| Features | Range, Refrigerator |
Unit 5 Details
| Beds | 1 |
|---|---|
| Baths | 1 |
| Rent | $900 |
| Features | Range, Refrigerator |
Unit 6 Details
| Baths | 1 |
|---|---|
| Rent | $825 |
| Features | Range, Refrigerator |
Unit 7 Details
| Baths | 1 |
|---|---|
| Rent | $825 |
| Features | Range, Refrigerator |
Unit 8 Details
| Baths | 1 |
|---|---|
| Rent | $875 |
| Features | Range, Refrigerator |
Unit 9 Details
| Beds | 1 |
|---|---|
| Baths | 1 |
| Rent | $850 |
| Features | Range, Refrigerator |
Listing Details
| Office | Realty One Group Prestige |
|---|---|
| Contact Info | teamwa@rogprestige.com |