

2700 FALK RDVancouver, WA 98661
Multi-Family · 21,040 Sq. ft. | 2.02 Acres2700 FALK RD Overview
- Time on Site:
- 39 days
- Visits:
- 0
Cottonwood Court presents a compelling opportunity to acquire a20-unit value-add multifamily community in the growing Vancouvermarket, positioned to benefit from continued regional demand andstrong connectivity to Portland.Constructed in 1965, the property consists entirely of well-designed 2-bedroom, 1-bath units, each featuring a consistent and efficient floor plan. Units average ?? 727 SF and are complemented by ?? 325 SF attached garages, a rare amenity that, combined with in-unit washer and dryer, enhances tenant appeal and supports long-term retention. Vaulted, sloped ceilings and charming fireplaces add architectural character and create a warm, inviting living environment that differentiates the property from typical vintage product.Cottonwood Court offers a clear and executable path to valuecreation. Ownership has begun renovating units as they turn, withthree units already upgraded to include modern finishes such asshaker-style cabinetry, updated countertops, and stainless steelappliances. These improvements provide a proven blueprint forcontinued renovations, allowing a new owner to systematicallyenhance the remaining units and capture meaningful rental upside.
2700 FALK RD Facts & Features
- Type Multi-Family
- Sq. ft. 21,040
- Price/Sq.ft. $181
- Lot 2.02 Acres
Details
General
School Information
- Elementary School: Marshall
- Middle Or Junior School: McLoughlin
- High School: Fort Vancouver
Income/Expenses
- Gross Income: 403305.0
- Net Operating Income: 246548.0
- Operating Expense: 155757.0
Building Information
- Year Built: 1965
Location/Region
- Country: US
- County Or Parish: Clark
- MLS Area Major: 13 - Vancouver: The Heights [SW]
- Subdivision Name: Bagley Downs
Rent/Lease Information
- Rent Includes: Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 32837.0
- Tax Year: 2025
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 030240030, 030240190
- Property Condition: Updated/Remodeled
- Property Type: Multi Family
- Zoning: R-18
Interior
Building Interior
- Building Area Total: 21040.0
General Information
- Cooling: Other
- Heating: Mini Split
- Security Features: Security Lights
- Stories: 1
Exterior
Parking Information
- Parking Features: Assigned,Garage
- Parking Total: 40.0
Lot Information
- Lot Features: Level
- Lot Size Acres: 2.02
- Lot Size Square Feet: 87991.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Built-Up,Composition,Flat
General Information
- Number Of Units Total: 20
- Sewer: Shared Septic,Standard Septic
2700 FALK RD Neighborhood
Community
98661 (Vancouver) Demographics
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.2700 FALK RD Monthly Cost
2700 FALK RD Market Data
Based on the last 30 days in this zip code
2700 FALK RD History
| Date | Value | Agent |
|---|---|---|
| 5/21/2026Source: Regional MLS | May 21, 2026 |

