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22-Unit Townhome Community
New
For Sale
$8,706,000

13102 NE 72ND Ave, Vancouver, WA 98686

MultiFamily, Vancouver, WA

Property Size30,060 SF
Lot Size1.43 Acres
Price / SF$289.62
Days on Market3

Property Features for 13102 NE 72ND Ave

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning R-30
Bedrooms 9
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 4, Bathroom 6, Bedroom 2, Bedroom 6, Bedroom 8, Bedroom 4, Bedroom 1, Bedroom 9, Bedroom 3, Bathroom 8, Bathroom 7, Bathroom 9, Bathroom 1, Bedroom 5, Bathroom 5, Bathroom 3, Bedroom 7, Bathroom 2
Elementary school Pleasant Valley
Middle school Pleasant Valley
High school Prairie
Directions NE 72nd Ave / NE 131st Way
Subdivision _44
Standard status Active
APN 198884000
Size 30,060 SF
Lot size 1.43 Acres

Taxes and HOA fees

Tax Description #114 SEC 30 T3NR2E 1.43A (PEND 1929 MANZURA TOWNHOMES) FOR ASSESS
Legal Description #114 SEC 30 T3NR2E 1.43A (PEND 1929 MANZURA TOWNHOMES) FOR ASSESS

Utilities

Heating system Heat Pump (Heating), Forced Air
Cooling system Heat Pump

Building Details

Year built 2026
Floors in Building 2
Number of units 22
Roof type Composition
Listing Agency: Kelly Right Real Estate Vancouver
Listed By: Dmitriy Manzhura
Added: Oct 14 Last Checked: Oct 16 at 2:06PM
MLS# 616308698

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1.43-acre multifamily property comprises 22 townhomes, each with three bedrooms, three bathrooms and an attached garage. The residences feature custom cabinetry, quartz counters and triple-pane windows, with heat-pump heating and cooling and forced-air heating also specified. The property totals 30,060 square feet and is under construction. Zoning is R-30.

Units may be purchased separately or in groups of two, three, four or eight. Washington State University Vancouver is approximately eight minutes away, with Costco, parks, schools, shopping, dining and major highways also identified in the surrounding area.

Key Highlights

  • 22 townhomes, each with 3 bedrooms, 3 bathrooms and an attached garage
  • 30,060 square feet on 1.43 acres; R‑30 zoning
  • Triple‑pane windows, quartz countertops and custom cabinetry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$348,681
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,973,620 $7.0M
Cap Rate 7%
$4,981,157 $5.0M
Cap Rate 9%
$3,874,233 $3.9M
Market Conditions
NOI Build-Up for 30,060 SF
Gross rent
$667.3K $22.20/SF
− Vacancy
−$33.4K −$1.11/SF
EGI
$634.0K $21.09/SF
− OpEx
−$285.3K −$9.49/SF
NOI
$348.7K $11.60/SF
Area
Vancouver, WA
Vacancy
5.00%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,973,620
Cap Rate 7%
$4,981,157
Cap Rate 9%
$3,874,233

Alternative Uses

Best Use
Apartment 5plus
$4.98M
$4.36M – $5.81M (±1% cap)
NOI $348,681 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.35M
$6.44M – $8.58M (±1% cap)
NOI $514,838 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Law Firm Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

45
Businesses Nearby

Demographics for 98686, WA

21,462
Population
8,348
Households
2.6
Avg Household Size
43
Median Age
37%
College-Educated
96%
High-School Grad
11.7 sq mi
ZIP Area
1,834
Density / Sq Mi
$101,866
Median Household Income
$57,423
Median Earnings
$1,836
Median Rent
$546,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - R-30-zoned residences can be acquired individually or in multi-unit groupings.
Where is this multifamily property located?
The property is located at 13102 NE 72ND Ave Vancouver, WA.
What is the asking price?
The asking price for this property is $8,706,000.
What are key features of this property?
This property features: 22 townhomes, each with 3 bedrooms, 3 bathrooms and an attached garage; 30,060 square feet on 1.43 acres; R‑30 zoning; Triple‑pane windows, quartz countertops and custom cabinetry
More about this property
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