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New Construction Triplex
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6807 NE 15th Ct, Vancouver, WA 98665

Three-residence configuration combines a primary home with two attached accessory dwelling units and separate living areas.

Property Size2,959 SF
Price / SF$331.16
Days on Market129

Property Features for 6807 NE 15th Ct

General Information

Standard status Active
Size 2,959 SF
Class A
Property subtype Multifamily
Zoning R1-5
Investment Type Value Add

Units

Unit Mix 1 x 3BR/2.1BA, 2 x 1BR/1BA
Multifamily Units 3

Building Details

Year Built 2026
Buildings 1
Units 3
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Source: Crexi
Added: Jun 11 Changed: Oct 7 Last Checked: Oct 16 at 8:33AM

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

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Investment Insights

Based on property information with market context.

This triplex contains 2,959 square feet across three residences. The primary residence offers three bedrooms, 2.1 baths, an open-concept layout, loft space, high ceilings, substantial natural light, a gourmet kitchen, and designer finishes. Two attached one-bedroom, one-bath accessory dwelling units add full kitchens, stainless steel appliances, in-unit laundry, and individual living areas.

Located at 6807 NE 15th Ct in Vancouver’s Hazel Dell area, the property provides access to nearby shopping, dining, employment centers, and commuter routes serving Vancouver and the greater Portland metropolitan area. R1-5 zoning supports the recorded residential configuration.

Key Highlights

  • 2,959 SF triplex with three distinct residences
  • Primary residence includes 3 bedrooms, 2.1 baths, loft space, and open‑concept living
  • Two attached 1‑bedroom, 1‑bath accessory dwelling units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,537
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,740 $790.7K
Cap Rate 7%
$564,814 $564.8K
Cap Rate 9%
$439,300 $439.3K
Market Conditions
NOI Build-Up for 2,959 SF
Gross rent
$59.3K $20.04/SF
− Vacancy
−$2.8K −$0.95/SF
EGI
$56.5K $19.09/SF
− OpEx
−$16.9K −$5.73/SF
NOI
$39.5K $13.36/SF
Area
Vancouver, WA
Vacancy
4.75%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,740
Cap Rate 7%
$564,814
Cap Rate 9%
$439,300

Alternative Uses

Best Use
Multifamily LT 5
$564.8K
$494.2K – $659.0K (±1% cap)
NOI $39,537 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$490.3K
$429.0K – $572.1K (±1% cap)
NOI $34,323 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$724.0K
$633.5K – $844.7K (±1% cap)
NOI $50,679 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Parking Lot & Garage Catering Service Grocery & Convenience Store Home Appliance Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby

Demographics for 98665, WA

28,780
Population
11,894
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,889
Density / Sq Mi
$83,750
Median Household Income
$46,000
Median Earnings
$1,678
Median Rent
$447,700
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?
Triplex - Three-residence configuration combines a primary home with two attached accessory dwelling units and separate living areas.
Where is this triplex located?
The property is located at 6807 NE 15th Ct Vancouver, WA.
What is the asking price?
The asking price for this property is $979,900.
What are key features of this property?
This property features: 2,959 SF triplex with three distinct residences; Primary residence includes 3 bedrooms, 2.1 baths, loft space, and open‑concept living; Two attached 1‑bedroom, 1‑bath accessory dwelling units
(503) 597-2444 Call to check price and availability
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