2700 Falk Rd, Vancouver, WA 98661
Local realty services provided by:CENTURY 21 Northstar
2700 Falk Rd,Vancouver, WA 98661
$3,800,000
- - Beds
- - Baths
- 21,040 sq. ft.
- Multi-family
- Pending
Listed by: jordan fezler
Office: apex residential503-595-2840
MLS#:756222554
Source:PORTLAND
Price summary
- Price:$3,800,000
- Price per sq. ft.:$180.61
About this home
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....
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Home facts
- Year built:1965
- Subdivision & Development:Bagley Downs
- Listing ID #:756222554
- Added:153 day(s) ago
- Updated:October 22, 2026 at 08:31 AM
Rooms and interior
- Living area:21,040 sq. ft.
Heating and cooling
- Heating:Mini Split
Structure and exterior
- Roof:Built Up, Composition, Flat
- Year built:1965
- Building area:21,040 sq. ft.
- Lot area:2.02 Acres
- Lot Features:Level
- Levels:1 Story
Schools
- High school:Fort Vancouver
- Middle school:McLoughlin
- Elementary school:Marshall
Utilities
- Water:Public Water
- Sewer:Shared Septic, Standard Septic
Finances and disclosures
- Price:$3,800,000
- Price per sq. ft.:$180.61
- Tax amount:$32,837 (2025)
Parking
- Total parking spaces:40
- Parking description:Assigned, Garage
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