4202 NE MORROW RD, Vancouver, WA 98682

$5,600,000
15,465
SqFt

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List Price
$5,600,000
Days on Market
54
MLS#
398221983
Property Type
Multifamily
Sqft. of Residence
15,465
Lot Size
20, 000 SqFt to .99 Acres
Region
Vancouver: Walnut Grove / W. Orchards
Status
ACTIVE

Property Description

Constructed in 2025 by a respected local builder, Sparrow Landing presents a rare opportunity to acquire a recently completed 17-unit multifamily asset comprised of a diverse mix of 1, 2, and 3 bedroom residences. The property was thoughtfully designed to maximize resident appeal, featuring spacious floor plans, lofty ceilings, abundant natural light, quality finishes, full appliance packages, window coverings, dedicated off-street parking, and privately fenced patio areas. Newly constructed, Sparrow Landing benefits from modern construction, durable building materials, and thoughtfully selected finishes designed to support long-term ownership. The property's quality construction helps reduce maintenance demands, limit future capital expenditure requirements, and promote operational efficiency, while its desirable unit mix and resident-focused amenities position it well for long-term occupancy and tenant retention. Additional community amenities include expansive shared greenspace and a highly accessible location near Vancouver Mall, major retailers, dining, recreation, and key commuter corridors. Combining quality construction, strong resident appeal, and the advantages of modern vintage, Sparrow Landing represents a compelling opportunity to acquire a low-maintenance asset with long-term ownership appeal in the growing Vancouver market.

Additional Information

Tax Amount
$32,584
Year Built
2025
High School
Heritage
Elementary School
Orchards
Middle School
Covington
Acres
0.92
Living Area
15,465
Stories
2
Subdivision
KEVANNA PARK
Lot Size Dimension
Irregular
Terms
Cash, Conventional
Cooling Description
Heat Pump, Mini Split
Fuel Description
Electricity
Heating Description
Mini Split
Hoa Rent Includes
None
Hot Water Description
Electricity, Tank
Exterior Description
Cement Siding, Lap Siding, Panel
Roof Type
Composition
Sewer Description
Public Sewer
View
Trees/Woods
Parking
Off Street
Security Or Entry
Sidewalk
Parking Description
Off Street
Covenants/Restrictions
Yes
Road Surface
Paved
Number Of Units Total
17
Unit Type One Baths Total
2
Unit Type One Beds Total
3
Unit Type One Rent
2345
Unit Type One Sq Ft
1155
Unit Type One Units Total
3
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
10
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1795
Unit Type Three Sq Ft
720
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
1545
Unit Type Four Sq Ft
690
Unit Type Four Units Total
3

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

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