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Four-Unit Townhome Community

6803 NE 15th Ct Vancouver, WA 98665

6803 NE 15th Ct, Vancouver, WA, 98665
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For Sale
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Newly constructed four townhomes under construction for 2026 delivery, each featuring 3 bedrooms, 2.1 baths, and an attached garage.

Property Size5,888 SF
Price / SF$302.29
Days on Market43

Property Features for 6803 NE 15th Ct

General Information

Standard status
Active
Size
5,888 SF
Property subtype
Multifamily

Building Details

Year Built
2026
Listing agency Keller Williams Realty Portland Premiere
Listed by Darryl Bodle · License #199910100
Source Crexi
Added: Jun 10 Updated: Jul 21 at 8:53PM Checked: Jul 21 at 8:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Portland Premiere


Investment Insights

Based on property information with market context.

Under construction and coming soon in 2026, this boutique four-unit townhome community offers new rental housing designed for long-term occupancy. The property will include four residences, each with a spacious 3-bedroom layout and 2.1 baths, along with an attached garage for each unit. Interior features are planned to include open-concept floor plans and contemporary finishes intended to create functional living spaces.

The community is located at 6803 NE 15th Ct in Vancouver, WA 98665, with the overall offering scheduled for completion in 2026 by a local builder.

As a newly built multifamily asset with modern building systems and durable construction materials, the property is positioned to support efficient ownership and day-to-day operations with limited near-term capital needs.

Key Highlights

  • Boutique four‑unit townhome community under construction with 2026 delivery
  • Each unit offers 3 bedrooms and 2.1 bathrooms
  • Attached garages included with every townhome unit

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $118.0k $20.04
− Vacancy −$5.6k −$0.95
EGI $112.4k $19.09
− OpEx −$33.7k −$5.73
NOI $78.7k $13.36
5,888 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.12M
$983.4K – $1.31M (±1% cap)
NOI $78,674 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$975.7K
$853.7K – $1.14M (±1% cap)
NOI $68,298 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,844 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm HVAC Service Electrical Service Auto Repair Shop Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Parking Lot & Garage Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Newly constructed four townhomes under construction for 2026 delivery, each featuring 3 bedrooms, 2.1 baths, and an attached garage.
Where is this quadplex located?
The property is located at 6803 NE 15th Ct Vancouver, WA.
What is the asking price?
The asking price for this property is $1,779,900.
What are key features of this property?
This property features: Boutique four‑unit townhome community under construction with 2026 delivery; Each unit offers 3 bedrooms and 2.1 bathrooms; Attached garages included with every townhome unit
Contact an agent
(503) 597-2444 Call to check price and availability
More about this property
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