1512 Franklin St Vancouver, WA 98660

This 3,250 square foot, seven-unit apartment building presents a rare investment opportunity in the heart of downtown Vancouver, WA. Located just steps from shops, restaurants, and parks, and a half-mile from the waterfront, this property benefits from its proximity to both the vibrant downtown core and the expanding Vancouver market. Recent major capital improvements include a new roof and gutters, energy-efficient vinyl windows, exterior paint, HVAC system, and appliance replacements in select units. The majority of units have also undergone recent turnover improvements, resulting in a stable tenant base and historically low vacancy. The building comprises studios and one-bedroom apartments, catering to the urban lifestyle. Situated only two miles from the Oregon border, it offers easy access to the Portland market. This well-maintained property is poised for future growth, capitalizing on Vancouver's revitalization and continued development, making it an ideal entry point for investors in the Clark County market. The 0.13-acre lot provides a solid foundation for this thriving investment. This is a unique opportunity to acquire a stable, income-producing asset in a rapidly growing area.