New Triplex Townhome-Style
9916 Northeast 28th Place Vancouver, WA 98686
9916 Northeast 28th Place, Vancouver, WA, 98686
$1,323,000
For Sale
$1,323,000
Newly constructed triplex with three townhome-style units, each featuring 2 bedrooms, 2 baths, an attached garage, and private backyards.
Property Size3,273 SF
Price / SF$404.22
Days on Market60
Property Features for 9916 Northeast 28th Place
General Information
- Standard status
- Active
- Size
- 3,273 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2026
Listing agency
MORE Realty, Inc
(360) 624-4335
Listed by
Scott Eversaul · License #116902
(360) 624-4335
Source
Compass
Added: May 24 Updated: Jul 21 at 10:13AM Checked: Jul 22 at 7:21AM
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 MORE Realty, Inc
Investment Insights
Based on property information with market context.
Newly constructed triplex investment property featuring three townhome-style units. Each unit offers an open-concept layout with 2 bedrooms and 2 bathrooms, quartz countertops, laminate flooring in the main living areas, luxury vinyl plank flooring in the bathrooms, and stainless-steel appliances including a refrigerator. Additional in-unit convenience includes a washer and dryer. Each home also includes an attached single-car garage with storage space and a private fenced backyard.
The property is located at 9916 Northeast 28th Place in Vancouver, WA, with convenient access to I-205 and SR-500. The surrounding area offers proximity to shopping, dining, and schools, as well as major employers.
Designed for modern living, the three separate residences provide both privacy and functional everyday space for tenant occupancy or owner occupancy with supplemental rental income.
The property is located at 9916 Northeast 28th Place in Vancouver, WA, with convenient access to I-205 and SR-500. The surrounding area offers proximity to shopping, dining, and schools, as well as major employers.
Designed for modern living, the three separate residences provide both privacy and functional everyday space for tenant occupancy or owner occupancy with supplemental rental income.
Key Highlights
- Brand‑new triplex (3 stories) with three townhome‑style units built in 2026
- Each unit features 2 bedrooms, 2 bathrooms, and an attached single‑car garage with storage space
- Private fenced backyard in each unit, plus in‑unit washer and dryer
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 | $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
NOI $43,733 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$542.4K
$474.6K – $632.8K
NOI $37,965 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$800.8K
$700.7K – $934.3K
NOI $56,057 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Newly constructed triplex with three townhome-style units, each featuring 2 bedrooms, 2 baths, an attached garage, and private backyards.
Where is this triplex located?
The property is located at 9916 Northeast 28th Place 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 (3 stories) with three townhome‑style units built in 2026; Each unit features 2 bedrooms, 2 bathrooms, and an attached single‑car garage with storage space; Private fenced backyard in each unit, plus in‑unit washer and dryer
