$799,000

1512 Franklin St , Vancouver, WA 98660

 
Bedrooms:2 beds
Bathrooms:5 baths
(None specified):3,250 sqft
Lot:0.13
Year Built:1910
Listing Status:Active

Listing Agent

Phillip Barry
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

The 7-unit Franklin Street Apartments provide a rare opportunity to invest in a small well-kept apartment community in the heart of downtown Vancouver. Located just steps from the downtown district, the property provides residents with ease of access to local shops, restaurants, parks, and the up-and-coming Vancouver waterfront, located just a half mile away. The property is positioned well for future growth and is on track to benefit alongside the growing sub-market of Vancouver, WA. The property also provides easy access to the Portland market, with being located just 2 miles away from the Oregon border. The community is comprised of studios & one-bedroom apartments, offering a variety of floor plans that appeal to the urban living lifestyle. Much of the heavy lifting has been completed on this asset, with the property undergoing major capital improvements in recent years - including New Roofing/Gutters, All new energy efficient vinyl windows, New Exterior Paint, New HVAC system, and considerable appliance replacement on select units. In addition to the major capex items completed, the majority of the units have undergone turnover improvements in recent years, resulting in a strong and stable tenant base in place. The Vancouver apartment market has seen steady growth in recent years, in particular downtown Vancouver which has seen extensive revitalization and new developments, including upscale apartments, new retail spaces, and improved infrastructure. The Franklin apartments is positioned to benefit from this continued development as Vancouver expands its footprint in the Northwest. A truly rare & unique opportunity to make an initial investment within the Clark County market, and get your investment career started.

Detailed Items

Other Information

1512 Franklin St, Vancouver, WA, 98660 is a (none specified) listing of 3,250 sqft on a lot of 0.13. This (none specified) listing has 2 bedrooms, and 5 baths. The map for this location can be viewed on Google maps at Google maps to property1512 Franklin St, Vancouver, WA
Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask a question

By pressing Request Info, you agree that HousingNow.com and real estate professionals may call, text or email you regarding your inquiry, which may involve the use of automated means.
Learn how to appear as the Local Advisor above