Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 398221983MLS Provider

4202 NE MORROW RDVancouver, WA 98682

Multi-Family · 15,465 Sq. ft. | 0.92 Acres
$5,600,000 Active

4202 NE MORROW RD Overview

Time on Site:
26 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

4202 NE MORROW RD Facts & Features

  • Type Multi-Family
  • Sq. ft. 15,465
  • Price/Sq.ft. $362
  • Lot 0.92 Acres

Details

General

School Information

  • Elementary School: Orchards
  • Middle Or Junior School: Covington
  • High School: Heritage

Income/Expenses

  • Gross Income: 395580.0
  • Net Operating Income: 296843.0
  • Operating Expense: 85542.0

Building Information

  • Year Built: 2025

Location/Region

  • Country: US
  • County Or Parish: Clark
  • MLS Area Major: 21 - Vancouver: Walnut Grove / W. Orchards
  • Subdivision Name: KEVANNA PARK

Community/Development

  • Community Features: Gym,Weight Room

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 32584.0
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 986070818
  • Property Condition: New Construction
  • Property Type: Multi Family
  • Zoning: R18

Interior

Building Interior

  • Building Area Total: 15465.0

General Information

  • Basement: None
  • Cooling: Heat Pump,Mini Split
  • Foundation Details: Slab
  • Heating: Mini Split
  • Security Features: Sidewalk
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Off Street
  • Parking Total: 30.0

Lot Information

  • Lot Features: Level,Public Road
  • Lot Size Acres: 0.92
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 40075.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 17
  • Sewer: Public Sewer

4202 NE MORROW RD Neighborhood

Community

98682 (Vancouver) Demographics

35
Median Age
2,114
Population Density (per sq. mile)
35%
College Educated
$76,299
Estimated Median Income
15,100
Estimated Total Home Owners
6,917
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4202 NE MORROW RD Market Data

Based on the last 30 days in this zip code

$577,773
Average List Price
$294
Average Price per Square Foot
61
Properties Sold
88
Average Days on Market
343
Properties for Sale
Calculations provided by Reliance Network

4202 NE MORROW RD History

Date Event Value Agent
6/3/2026Source: Regional MLS Added to Database
June 03, 2026