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9916 NE 28TH Pl, Vancouver, WA, 98686
New Triplex Townhome Residences

9916 NE 28TH Pl Vancouver, WA 98686

For Sale
$1,323,000

MULTI_FAMILY - Vancouver, WA

Property Size3,273 SF
Lot Size0.10 Acres
Price / SF$404.22
Days on Market48

Property Features for 9916 NE 28TH Pl

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning r-18
Bedrooms 2
Bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Standard status Active
APN 118141040
Size 3,273 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description ROYAL RIDGE SUBD LOT 20 SUB 2007 FOR ASSESSOR USE ONLY ROYAL RIDG
Tax Annual Amount 1500

Utilities

Heating system Heat Pump (Heating), Ductless (Heating)
Cooling system Heat Pump

Building Details

Year built 2026
Floors in Building 3
Number of units 3
Roof type Composition
Listing Agency: MORE Realty, Inc
Listed By: Scott Eversaul · License #116902
Added: Jun 13 Changed: Jul 29 Last Checked: Jul 30 at 5:06AM
MLS# 295238563

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.

Investment Insights

Based on property information with market context.

This for-sale property is a newly constructed triplex with three townhome-style units. Each unit is laid out with two bedrooms and two bathrooms, plus an attached single-car garage that includes storage space. The residences also feature private fenced backyards and in-unit washer and dryer hookups. Interior finishes include an open-concept floor plan with quartz countertops, laminate flooring in the main living areas, and luxury vinyl plank flooring in the bathrooms. Stainless-steel appliances are included, including a refrigerator.

The property is located at 9916 NE 28TH Pl in Vancouver, Washington (Clark County). The listing notes convenient access to I-205 and SR-500, along with proximity to shopping, dining, schools, and major employers.

This configuration can suit buyers looking for a multi-unit setup with multiple garages, private fenced outdoor space, and in-unit laundry in every home. With new construction and the inclusion of modern finishes and appliances, it may appeal to either investors seeking a turnkey residential income asset or owner-occupants who plan to live in one unit while renting the others, subject to their financing and operating preferences.

Key Highlights

  • Brand‑new triplex under construction in Vancouver, WA, built in 2026
  • 3 townhome‑style units, each with 2 bedrooms and 2 bathrooms
  • Each unit includes an attached single‑car garage with storage space

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 $65.6k $20.04
− Vacancy −$3.1k −$0.95
EGI $62.5k $19.09
− OpEx −$18.7k −$5.73
NOI $43.7k $13.36
3,273 SF · lease $20.04/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$624.8K
$546.7K – $728.9K (±1% cap)
NOI $43,733 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$542.4K
$474.6K – $632.8K (±1% cap)
NOI $37,965 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$800.8K
$700.7K – $934.3K (±1% cap)
NOI $56,057 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Triplexes

Suggested Use

Top Pick Law Firm HVAC Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Skin Care Clinic Bakery

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Triplex - Newly constructed triplex offers three 2-bedroom, 2-bath townhome-style units with private backyards and in-unit laundry.
Where is this triplex located?
The property is located at 9916 NE 28TH Pl Vancouver, WA.
What is the asking price?
The asking price for this property is $1,323,000.
What are key features of this property?
This property features: Brand‑new triplex under construction in Vancouver, WA, built in 2026; 3 townhome‑style units, each with 2 bedrooms and 2 bathrooms; Each unit includes an attached single‑car garage with storage space
More about this property
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