Pnwcasas.com Search Results

$1,195,000

Exceptional Ballard duplex investment opportunity in one of Seattle’s most sought-after neighborhoods. Originally built in 1900 and thoughtfully renovated, this property blends historic character with modern upgrades, offering a unique combination of charm, functionality, and long-term value. Located in the heart of Ballard, residents enjoy a highly walkable lifestyle with easy access to restaurants, coffee shops, breweries, grocery stores, parks, public transit, and neighborhood amenities. The property features two well-designed units, including a spacious 4-bedroom, 3-bath upper residence and a 2-bedroom, 1-bath lower unit, creating multiple income-producing opportunities. Ideal for investors seeking strong rental demand, house hackers looking to offset their mortgage with rental income, or owner-occupants wanting a multigenerational living arrangement. LR2-RC zoning provides valuable flexibility for both residential and commercial uses, enhancing future redevelopment and appreciation potential. This low-maintenance Seattle duplex offers an attractive combination of current cash flow, long-term equity growth, and investment versatility in a prime Ballard location. Conveniently located near Downtown Ballard, Golden Gardens, major employment centers, and transit routes, this is a rare opportunity to acquire a renovated multifamily property in one of Seattle’s strongest rental markets. Please do not disturb tenants.

2513661 MLS ⋅ ACTIVE Status

Exceptional Ballard duplex investment opportunity in one of Seattle’s most sought-after neighborhoods. Originally built in 1900 and thoughtfully renovated, this property blends historic character with modern upgrades, offering a unique combination of charm, functionality, and long-term value. Located in the heart of Ballard, residents enjoy a highly walkable lifestyle with easy access to restaurants, coffee shops, breweries, grocery stores, parks, public transit, and neighborhood amenities. The property features two well-designed units, including a spacious 4-bedroom, 3-bath upper residence and a 2-bedroom, 1-bath lower unit, creating multiple income-producing opportunities. Ideal for investors seeking strong rental demand, house hackers looking to offset their mortgage with rental income, or owner-occupants wanting a multigenerational living arrangement. LR2-RC zoning provides valuable flexibility for both residential and commercial uses, enhancing future redevelopment and appreciation potential. This low-maintenance Seattle duplex offers an attractive combination of current cash flow, long-term equity growth, and investment versatility in a prime Ballard location. Conveniently located near Downtown Ballard, Golden Gardens, major employment centers, and transit routes, this is a rare opportunity to acquire a renovated multifamily property in one of Seattle’s strongest rental markets. Please do not disturb tenants.

6753 14th Avenue NW, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$1,950,000

Great investment opportunity to own four duplexes (8 Units), all 2 bed/1 bath (748 sq. ft.) with happy long-term tenants and no vacancies for over two years. Each unit has its own storage shed, covered patio, updated vinyl windows, dishwasher and washer/dryer. The complex is on a quiet street with plenty of parking for tenants/guests and it backs up to a public park that is well maintained by City of Pacific. All four buildings have low maintenance metal roofs, five of the units have new kitchen cabinets and the other three have been purchased but not installed.

2520404 MLS ⋅ ACTIVE Status

Great investment opportunity to own four duplexes (8 Units), all 2 bed/1 bath (748 sq. ft.) with happy long-term tenants and no vacancies for over two years. Each unit has its own storage shed, covered patio, updated vinyl windows, dishwasher and washer/dryer. The complex is on a quiet street with plenty of parking for tenants/guests and it backs up to a public park that is well maintained by City of Pacific. All four buildings have low maintenance metal roofs, five of the units have new kitchen cabinets and the other three have been purchased but not installed.

109 4th Avenue SE, Pacific

Listing courtesy of WeLakeside.

$10,500,000

This 1.13-acre development site in the heart of City of Woodinville is fully entitled and approved for 161 units, allowing you to skip years of permitting - with the heavy lifting already done. The development site spans across five contiguous lots consisting of a strong multifamily submarket demand drivers with high desirable community in the city. Woodinville is consistently ranked as Washington’s best place to live, offering a wealthy resident base and easy access to major employers like Microsoft, SpaceX, and the Bothell University of Washington and biotech hub. With a massive shortage of housing in the area and quick access to I-405, this project is perfectly positioned to meet the high demand for luxury living. This is a rare, high-reward opportunity to enter a top-tier market with all the heavy lifting already finished.

2519748 MLS ⋅ ACTIVE Status

This 1.13-acre development site in the heart of City of Woodinville is fully entitled and approved for 161 units, allowing you to skip years of permitting - with the heavy lifting already done. The development site spans across five contiguous lots consisting of a strong multifamily submarket demand drivers with high desirable community in the city. Woodinville is consistently ranked as Washington’s best place to live, offering a wealthy resident base and easy access to major employers like Microsoft, SpaceX, and the Bothell University of Washington and biotech hub. With a massive shortage of housing in the area and quick access to I-405, this project is perfectly positioned to meet the high demand for luxury living. This is a rare, high-reward opportunity to enter a top-tier market with all the heavy lifting already finished.

12461 NE Woodinville Drive, Woodinville

Listing courtesy of Realty One Group Enterprise.

$780,000

Prime investment opportunity in the heart of Georgetown, Seattle! This duplex offers two 2-bedroom, 1-bath units totaling 1,440 square feet, with each unit spanning 720 square feet and designed for practical, income-producing living. Built in 1985 and fully fenced, this property is well-suited for investors seeking stable cash flow with upside potential. Each unit includes essential appliances for tenant use. Unit 1 features an oven, refrigerator, washer, and dryer. Unit 2 includes an oven, refrigerator, dishwasher, washer, and dryer. Zoned LR2(M); value in land. One unit offers a value-add opportunity through cosmetic updates, giving investors the ability to increase rents and build equity over time. Located in the sought-after Georgetown neighborhood with strong rental demand, proximity to major employment hubs, and easy access to downtown Seattle and key commuter routes, this property checks key boxes for long-term portfolio growth. Solid income now with room to improve. Don’t miss this value-add multifamily opportunity in a high-demand Seattle market.

2517528 MLS ⋅ ACTIVE Status

Prime investment opportunity in the heart of Georgetown, Seattle! This duplex offers two 2-bedroom, 1-bath units totaling 1,440 square feet, with each unit spanning 720 square feet and designed for practical, income-producing living. Built in 1985 and fully fenced, this property is well-suited for investors seeking stable cash flow with upside potential. Each unit includes essential appliances for tenant use. Unit 1 features an oven, refrigerator, washer, and dryer. Unit 2 includes an oven, refrigerator, dishwasher, washer, and dryer. Zoned LR2(M); value in land. One unit offers a value-add opportunity through cosmetic updates, giving investors the ability to increase rents and build equity over time. Located in the sought-after Georgetown neighborhood with strong rental demand, proximity to major employment hubs, and easy access to downtown Seattle and key commuter routes, this property checks key boxes for long-term portfolio growth. Solid income now with room to improve. Don’t miss this value-add multifamily opportunity in a high-demand Seattle market.

6919 Carleton Avenue S, Seattle

Listing courtesy of KW Mountains to Sound Realty.

$975,000

First time on the market in 33 years, and it shows. This turnkey West Queen Anne fourplex has been quietly held under single ownership for over three decades and is ready for a new investor to step in and collect. Four one-bedroom units, hardwood floors throughout, dishwashers in every unit, and Unit 4 comes with its own in-unit washer and dryer. Large basement storage accessible to all tenants. Off-street parking and a fenced backyard round it out. Live in one and rent the rest, this is a classic owner-occupy setup in one of Seattle's strongest residential neighborhoods. Queen Anne continues to command premium rents, attract long-term tenants, and hold its value through every market cycle. Current rents are below market with a clear upside path to $6,980/month. Zoned LR3(M) with long-term redevelopment optionality and potential to convert existing space into additional units, a value-add angle that is increasingly rare to find in this submarket. Steps from Metro Route 2, the RapidRide D Line, Seattle Center, Climate Pledge Arena, Kerry Park, and some of the best dining and retail in the city. Median household income within one mile exceeds $151,000. Strong bones, great location, proven demand. Priced at $262,500 per unit — bring your buyers.

2519144 MLS ⋅ ACTIVE Status

First time on the market in 33 years, and it shows. This turnkey West Queen Anne fourplex has been quietly held under single ownership for over three decades and is ready for a new investor to step in and collect. Four one-bedroom units, hardwood floors throughout, dishwashers in every unit, and Unit 4 comes with its own in-unit washer and dryer. Large basement storage accessible to all tenants. Off-street parking and a fenced backyard round it out. Live in one and rent the rest, this is a classic owner-occupy setup in one of Seattle's strongest residential neighborhoods. Queen Anne continues to command premium rents, attract long-term tenants, and hold its value through every market cycle. Current rents are below market with a clear upside path to $6,980/month. Zoned LR3(M) with long-term redevelopment optionality and potential to convert existing space into additional units, a value-add angle that is increasingly rare to find in this submarket. Steps from Metro Route 2, the RapidRide D Line, Seattle Center, Climate Pledge Arena, Kerry Park, and some of the best dining and retail in the city. Median household income within one mile exceeds $151,000. Strong bones, great location, proven demand. Priced at $262,500 per unit — bring your buyers.

2258 14th Avenue W, Seattle

Listing courtesy of Westlake Associates, Inc..

$945,000

Rare and versatile opportunity in the highly desirable Ballard / West Woodland neighborhood. This well-located triplex at 4903 3rd Ave NW offers a unique combination of immediate rental income and future flexibility. The property currently operates as a triplex but presents a rare and relatively straightforward opportunity to convert the structure back into a spacious single-family residence if desired. The building’s layout and single-structure configuration make it well suited for a buyer looking to reimagine the property as a large custom home, while still maintaining the option to generate rental income in the meantime. For investors, the existing units provide steady income potential in one of Seattle’s strongest rental markets. For owner-occupants or builders, the property offers the chance to create a substantial single-family home in a premier neighborhood without starting from the ground up. Ideally located just minutes from Ballard, Fremont, Green Lake, and Woodland Park, with easy access to shops, restaurants, parks, and major commuter routes. Opportunities like this—combining location, income potential, and future conversion flexibility—are increasingly rare in this sought-after Seattle neighborhood. A truly flexible property with long-term upside for investors, developers, or homeowners looking to create their dream residence.

2518454 MLS ⋅ ACTIVE Status

Rare and versatile opportunity in the highly desirable Ballard / West Woodland neighborhood. This well-located triplex at 4903 3rd Ave NW offers a unique combination of immediate rental income and future flexibility. The property currently operates as a triplex but presents a rare and relatively straightforward opportunity to convert the structure back into a spacious single-family residence if desired. The building’s layout and single-structure configuration make it well suited for a buyer looking to reimagine the property as a large custom home, while still maintaining the option to generate rental income in the meantime. For investors, the existing units provide steady income potential in one of Seattle’s strongest rental markets. For owner-occupants or builders, the property offers the chance to create a substantial single-family home in a premier neighborhood without starting from the ground up. Ideally located just minutes from Ballard, Fremont, Green Lake, and Woodland Park, with easy access to shops, restaurants, parks, and major commuter routes. Opportunities like this—combining location, income potential, and future conversion flexibility—are increasingly rare in this sought-after Seattle neighborhood. A truly flexible property with long-term upside for investors, developers, or homeowners looking to create their dream residence.

4903 3rd Avenue NW, Seattle

Listing courtesy of Synergy Mrgrs & Acq. LLC.

$1,260,000

Turnkey four-unit investment opportunity in Seattle’s sought-after Ravenna neighborhood, offering strong in-place income, tenant appeal, and future redevelopment upside. This rare “Rambler style” features four corner units with identical floor plans in a single-level building, creating efficient management, broad rental appeal, and long-term flexibility. Located on a quiet residential street with easy access to the University of Washington, downtown Seattle, Ballard, and I-5, this property sits in one of North Seattle’s most desirable rental corridors. Three units feature brand-new kitchens and bathrooms, while restored original wood floors and added LVP flooring enhance durability and appeal. Each unit includes a private garden entry, with shared laundry and 4+ parking spaces, adding convenience for tenants. Set on a 4,460 SF lot with L3(M) zoning and upzoned potential for additional units, this asset offers both immediate income and future upside. Preferred lender financing on the investment, not your W-2's - 25% down 5/6 ARM interest only giving you $757/mo positive cashflow - naturally subject to change based on rates.

2506572 MLS ⋅ ACTIVE Status

Turnkey four-unit investment opportunity in Seattle’s sought-after Ravenna neighborhood, offering strong in-place income, tenant appeal, and future redevelopment upside. This rare “Rambler style” features four corner units with identical floor plans in a single-level building, creating efficient management, broad rental appeal, and long-term flexibility. Located on a quiet residential street with easy access to the University of Washington, downtown Seattle, Ballard, and I-5, this property sits in one of North Seattle’s most desirable rental corridors. Three units feature brand-new kitchens and bathrooms, while restored original wood floors and added LVP flooring enhance durability and appeal. Each unit includes a private garden entry, with shared laundry and 4+ parking spaces, adding convenience for tenants. Set on a 4,460 SF lot with L3(M) zoning and upzoned potential for additional units, this asset offers both immediate income and future upside. Preferred lender financing on the investment, not your W-2's - 25% down 5/6 ARM interest only giving you $757/mo positive cashflow - naturally subject to change based on rates.

2110 NE 85th Street, Seattle

Listing courtesy of Bentley Properties.

$3,095,000

The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).

2518111 MLS ⋅ ACTIVE Status

The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).

2318 Yale Avenue E, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,495,000

Opportunity for Development in Prime Leschi Location Rare 8,000 sq. ft. double lot in the highly sought-after Leschi neighborhood, offering partial views of Lake Washington. Exceptional opportunity for investors, builders, or developers seeking strong land value and future upside. Property is zoned LR1, presenting potential for redevelopment or reconfiguration (Buyer to verify). Existing 1901 Victorian structure has been converted into four residential units, providing interim income while planning your project. Value is primarily in the land and development potential. Owner occupies one unit—subject to landlord/tenant laws. Do not disturb tenants or access property without an appointment. Possible seller financing. Buyer to verify all information to their own satisfaction.

2517241 MLS ⋅ ACTIVE Status

Opportunity for Development in Prime Leschi Location Rare 8,000 sq. ft. double lot in the highly sought-after Leschi neighborhood, offering partial views of Lake Washington. Exceptional opportunity for investors, builders, or developers seeking strong land value and future upside. Property is zoned LR1, presenting potential for redevelopment or reconfiguration (Buyer to verify). Existing 1901 Victorian structure has been converted into four residential units, providing interim income while planning your project. Value is primarily in the land and development potential. Owner occupies one unit—subject to landlord/tenant laws. Do not disturb tenants or access property without an appointment. Possible seller financing. Buyer to verify all information to their own satisfaction.

3004 E Yesler Way, Seattle

Listing courtesy of KR Brokers.

$1,749,500

4-Unit Investment Opportunity | 3.5 Assumable VA Loan @3.5% | Perfect Owner-Occupant / House Hack | Beacon Hill Views | Exceptional opportunity to own a well-located 4-unit property on North Beacon Hill with sweeping Sound, city, and mountain views. This classic 1900-built building offers character, flexibility, and strong appeal for investors, owner-occupants, and potential short-term rental use. Unit mix includes a 3-bedroom view penthouse, 2-bedroom unit, studio, 1-bedroom garden unit, plus a non-conforming caretaker unit. With units coming available, this is a prime opportunity for an owner-user to step in while maintaining rental income. The top unit also benefits from solar offset for electric use. Located on a quiet street near light rail, Downtown Seattle, SODO, and major commuter routes. A standout North Beacon Hill asset with income, views, flexible living options, and long-term upside. Ideal for house hacking, multi-generational living, or long-term investment.

2516840 MLS ⋅ ACTIVE Status

4-Unit Investment Opportunity | 3.5 Assumable VA Loan @3.5% | Perfect Owner-Occupant / House Hack | Beacon Hill Views | Exceptional opportunity to own a well-located 4-unit property on North Beacon Hill with sweeping Sound, city, and mountain views. This classic 1900-built building offers character, flexibility, and strong appeal for investors, owner-occupants, and potential short-term rental use. Unit mix includes a 3-bedroom view penthouse, 2-bedroom unit, studio, 1-bedroom garden unit, plus a non-conforming caretaker unit. With units coming available, this is a prime opportunity for an owner-user to step in while maintaining rental income. The top unit also benefits from solar offset for electric use. Located on a quiet street near light rail, Downtown Seattle, SODO, and major commuter routes. A standout North Beacon Hill asset with income, views, flexible living options, and long-term upside. Ideal for house hacking, multi-generational living, or long-term investment.

1745 12th Avenue S Unit #1 - 4, Seattle

Listing courtesy of Keller Williams Downtown Sea.

$975,000

NEW PRICE! Exceptional investment opportunity featuring a 4-plex in a heart of Auburn w/ all identical 2-bedroom, 1-bath units—two upper units with decks and two lower units with patios and Large backyards! Each unit includes in-unit washer/dryer, dishwasher, and a cozy living room with fireplace. Recent updates include Fresh Exterior Paint and new Perimeter Fencing. Unit A has been recently updated, ideal for a new tenant or owner-occupant looking to House Hack! Each unit has a dedicated covered carport spot, plus two additional surface spaces, street parking, and a gravel area that can be turned into more parking (Buyer to verify). Three units are occupied by long-term tenants with below-market rents, offering clear potential for increased cash flow! Convenient Downtown Auburn location close to amenities. Add to your portfolio or start a new one! Sale subject to tenant rights.

2514381 MLS ⋅ ACTIVE Status

NEW PRICE! Exceptional investment opportunity featuring a 4-plex in a heart of Auburn w/ all identical 2-bedroom, 1-bath units—two upper units with decks and two lower units with patios and Large backyards! Each unit includes in-unit washer/dryer, dishwasher, and a cozy living room with fireplace. Recent updates include Fresh Exterior Paint and new Perimeter Fencing. Unit A has been recently updated, ideal for a new tenant or owner-occupant looking to House Hack! Each unit has a dedicated covered carport spot, plus two additional surface spaces, street parking, and a gravel area that can be turned into more parking (Buyer to verify). Three units are occupied by long-term tenants with below-market rents, offering clear potential for increased cash flow! Convenient Downtown Auburn location close to amenities. Add to your portfolio or start a new one! Sale subject to tenant rights.

2810 D Place SE, Auburn

Listing courtesy of Pellego, Inc..

$1,650,000

Perched on the coveted west slope of Queen Anne, this view triplex delivers space, flexibility, and long-term upside. Each residence feels like its own private home, complete with individual entries and generous floorplans. The lower unit offers 2 bedrooms and 1 bath across 1,200 sq ft, while the middle and upper units expand to 1,300 sq ft with 2 bedrooms, 1.75 baths, and stunning wrap-around decks capturing territorial and sunset views. Four garage parking spots, quiet residential setting, and a 6,000 sq ft L1-zoned lot create multiple pathways—hold as a strong rental, live in one unit while generating income, or explore development potential. Minutes to Queen Anne shops, Interbay conveniences, and commuter routes. A versatile investment in one of Seattle’s most desirable neighborhoods.

2514329 MLS ⋅ PENDING INSPECTION Status

Perched on the coveted west slope of Queen Anne, this view triplex delivers space, flexibility, and long-term upside. Each residence feels like its own private home, complete with individual entries and generous floorplans. The lower unit offers 2 bedrooms and 1 bath across 1,200 sq ft, while the middle and upper units expand to 1,300 sq ft with 2 bedrooms, 1.75 baths, and stunning wrap-around decks capturing territorial and sunset views. Four garage parking spots, quiet residential setting, and a 6,000 sq ft L1-zoned lot create multiple pathways—hold as a strong rental, live in one unit while generating income, or explore development potential. Minutes to Queen Anne shops, Interbay conveniences, and commuter routes. A versatile investment in one of Seattle’s most desirable neighborhoods.

1318 W Barrett Street, Seattle

Listing courtesy of Horizon Real Estate.

$2,595,000

GREAT ENUMCLAW LOCATION! VALUE-ADD INVESTMENT WITH MULTIPLE OPTIONS! 15 separately deeded units: 14 residential condos & 1 vacant lot of 9,581sf. Condos currently rented long-term under market. Vacant lot not rented. Potential to convert units to mid-term or short-term rentals. Or sell each condo individually at about $250K+ each (no inventory in town). Potential to build on vacant lot. Deeded parking to each unit. Condos and complex have been nicely upgraded, maintained and well managed. Additional income from 5 storage units plus updated laundry room. Lots of grass areas, a spacious common courtyard, and, plentiful parking make this a highly desirable home for tenants. Very nice, high quality tenants. Great location walking distance to downtown Enumclaw.

2513957 MLS ⋅ PENDING Status

GREAT ENUMCLAW LOCATION! VALUE-ADD INVESTMENT WITH MULTIPLE OPTIONS! 15 separately deeded units: 14 residential condos & 1 vacant lot of 9,581sf. Condos currently rented long-term under market. Vacant lot not rented. Potential to convert units to mid-term or short-term rentals. Or sell each condo individually at about $250K+ each (no inventory in town). Potential to build on vacant lot. Deeded parking to each unit. Condos and complex have been nicely upgraded, maintained and well managed. Additional income from 5 storage units plus updated laundry room. Lots of grass areas, a spacious common courtyard, and, plentiful parking make this a highly desirable home for tenants. Very nice, high quality tenants. Great location walking distance to downtown Enumclaw.

2054 Roosevelt Avenue, Enumclaw

Listing courtesy of eXp Realty.

$900,000

Investor Opportunity in Seattle’s Lakeridge Neighborhood – Duplex with Lake & Territorial Views + Deeded Waterfront Access Well-located duplex in the Lakeridge area of Seattle offering strong long-term investment potential. This one-story multi-family property with an unfinished basement features approximately 1,750 square feet on a 7,040 square foot lot, with two separate 1bed/1bath units providing flexibility for rental income, multigenerational living, or future repositioning. Property includes hardwood, vinyl, and carpet flooring, basement storage, and patio space. Multiple uncovered parking spaces provide convenient off-street parking. Situated on a paved, dead-end street with sidewalks, curbs, and established residential surroundings. Enjoy territorial, city, and lake views along with deeded access to community waterfront/private beach, a rare amenity that enhances long-term desirability. Built in 1943, this property offers value-add potential for investors looking to renovate, optimize rents, or as a long-term hold. Close proximity to major commuter routes, employment centers, and neighborhood amenities.

2513692 MLS ⋅ PENDING Status

Investor Opportunity in Seattle’s Lakeridge Neighborhood – Duplex with Lake & Territorial Views + Deeded Waterfront Access Well-located duplex in the Lakeridge area of Seattle offering strong long-term investment potential. This one-story multi-family property with an unfinished basement features approximately 1,750 square feet on a 7,040 square foot lot, with two separate 1bed/1bath units providing flexibility for rental income, multigenerational living, or future repositioning. Property includes hardwood, vinyl, and carpet flooring, basement storage, and patio space. Multiple uncovered parking spaces provide convenient off-street parking. Situated on a paved, dead-end street with sidewalks, curbs, and established residential surroundings. Enjoy territorial, city, and lake views along with deeded access to community waterfront/private beach, a rare amenity that enhances long-term desirability. Built in 1943, this property offers value-add potential for investors looking to renovate, optimize rents, or as a long-term hold. Close proximity to major commuter routes, employment centers, and neighborhood amenities.

10451 Rainier Avenue S, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$2,995,000

6.26% CURRENT CAP RATE | Capri Apartments is a meticulously maintained 15-unit, courtyard-style apartment community located in the bustling Lake City neighborhood of Northeast Seattle. Originally constructed in 1962, Capri features copper plumbing and has undergone significant capital improvements over the past decade, including a new PVC roof (2024), updated electrical breaker panels (2016), luxury vinyl plank flooring and stone countertops in all units, double-pane vinyl windows, and a renovated exterior staircase, positioning the asset as both a desirable community for residents and a low-maintenance investment for ownership. The property offers an ideal unit mix, comprised of nine 2-bedroom units averaging 783 square feet and five 1-bedroom units averaging 683 square feet. Residents benefit from a central courtyard setting with lush greenery, on-site communal laundry (two washers & two dryers), 14 large storage lockers, and 16 off-street parking stalls available on a first-come, first-served basis. A new investor can capitalize on Capri’s current operations, which generate a 6.26% cap rate on in-place income, or execute a value-add business plan by converting the common laundry room into a 16th studio apartment (buyer to verify) and installing ventless, all-in-one washer/dryer combo units in each apartment to capture a 7.25% cap rate post renovation.

2503489 MLS ⋅ ACTIVE Status

6.26% CURRENT CAP RATE | Capri Apartments is a meticulously maintained 15-unit, courtyard-style apartment community located in the bustling Lake City neighborhood of Northeast Seattle. Originally constructed in 1962, Capri features copper plumbing and has undergone significant capital improvements over the past decade, including a new PVC roof (2024), updated electrical breaker panels (2016), luxury vinyl plank flooring and stone countertops in all units, double-pane vinyl windows, and a renovated exterior staircase, positioning the asset as both a desirable community for residents and a low-maintenance investment for ownership. The property offers an ideal unit mix, comprised of nine 2-bedroom units averaging 783 square feet and five 1-bedroom units averaging 683 square feet. Residents benefit from a central courtyard setting with lush greenery, on-site communal laundry (two washers & two dryers), 14 large storage lockers, and 16 off-street parking stalls available on a first-come, first-served basis. A new investor can capitalize on Capri’s current operations, which generate a 6.26% cap rate on in-place income, or execute a value-add business plan by converting the common laundry room into a 16th studio apartment (buyer to verify) and installing ventless, all-in-one washer/dryer combo units in each apartment to capture a 7.25% cap rate post renovation.

11521 26th Avenue NE, Seattle

Listing courtesy of Blake Investment Advisors.

$1,250,000

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.6! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.

2484138 MLS ⋅ ACTIVE Status

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.6! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.

621 Houser Way S, Renton

Listing courtesy of Best Choice Realty LLC.

$2,795,000

Marine Vista -- a premier 11-unit apartment community located at 840 W Nickerson St, Seattle, WA 98119. Situated in the highly sought-after North Queen Anne submarket, Marine Vista offers an exceptional location overlooking the Lake Washington Ship Canal, providing residents with a unique blend of maritime charm and urban convenience. This offering presents a rare opportunity to acquire a boutique asset in one of Seattle’s most resilient and supply-constrained neighborhoods. Marine Vista is ideally positioned within walking distance to Seattle Pacific University and the vibrant Fremont tech hub, ensuring a consistent and high-quality tenant base. The investment provides a clear path for a strategic value-add program. A new investor will have the ability to implement targeted interior renovations and modern amenity upgrades to capture significant rental upside, bringing the property in line with top-of-market competitors. With its irreplaceable location and strong fundamentals, Marine Vista is poised to deliver robust long-term appreciation and enhanced cash flow for a sophisticated investor.

2508089 MLS ⋅ ACTIVE Status

Marine Vista -- a premier 11-unit apartment community located at 840 W Nickerson St, Seattle, WA 98119. Situated in the highly sought-after North Queen Anne submarket, Marine Vista offers an exceptional location overlooking the Lake Washington Ship Canal, providing residents with a unique blend of maritime charm and urban convenience. This offering presents a rare opportunity to acquire a boutique asset in one of Seattle’s most resilient and supply-constrained neighborhoods. Marine Vista is ideally positioned within walking distance to Seattle Pacific University and the vibrant Fremont tech hub, ensuring a consistent and high-quality tenant base. The investment provides a clear path for a strategic value-add program. A new investor will have the ability to implement targeted interior renovations and modern amenity upgrades to capture significant rental upside, bringing the property in line with top-of-market competitors. With its irreplaceable location and strong fundamentals, Marine Vista is poised to deliver robust long-term appreciation and enhanced cash flow for a sophisticated investor.

840 W Nickerson Street, Seattle

Listing courtesy of Pacific Crest.

$799,000

Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath Loft style townhome units and two bedroom /one bath lower units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,.Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance

2501184 MLS ⋅ ACTIVE Status

Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath Loft style townhome units and two bedroom /one bath lower units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,.Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance

34019 1st Circle S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$1,550,000

LIMITED TIME 4.99% INTEREST RATE. Modern Georgetown triplex offering flexibility for rentals or STR strategies. Built by a 2025 Best Homebuilder in the Pacific Northwest, each unit features private en-suite baths, energy-efficient systems, abundant natural light, EV-ready parking, and private outdoor space. Located just steps from Georgetown’s restaurants, breweries, and shops, with quick access to downtown Seattle, I-5, and Hwy 99. Well-positioned for stable in-place income today with additional upside potential through mid-term or short-term rental strategies during major events, including World Cup. Clean, low-maintenance asset in one of Seattle’s most dynamic urban neighborhoods. Agent on site Thursday & Friday 3pm-6pm

2510937 MLS ⋅ ACTIVE Status

LIMITED TIME 4.99% INTEREST RATE. Modern Georgetown triplex offering flexibility for rentals or STR strategies. Built by a 2025 Best Homebuilder in the Pacific Northwest, each unit features private en-suite baths, energy-efficient systems, abundant natural light, EV-ready parking, and private outdoor space. Located just steps from Georgetown’s restaurants, breweries, and shops, with quick access to downtown Seattle, I-5, and Hwy 99. Well-positioned for stable in-place income today with additional upside potential through mid-term or short-term rental strategies during major events, including World Cup. Clean, low-maintenance asset in one of Seattle’s most dynamic urban neighborhoods. Agent on site Thursday & Friday 3pm-6pm

6725 Carlton Avenue Unit #A,B,C, Seattle

Listing courtesy of Real Broker LLC.

$1,700,000

Rare opportunity to acquire Soundview II, a turn-key, six-unit multifamily asset in Federal Way's coveted Redondo neighborhood. This condo-style complex features expansive 1,170 SF 2-bed/1.5-bath floor plans designed for high-retention ccupancy. Units boast premium amenities including private west-facing balconies with partial Puget Sound views, fireplaces, in-unit full-size W/D, LVP flooring, and stainless appliances. With the December 2025 Link Extension opening, residents enjoy rapid light rail access to SEATAC and Downtown Seattle while maintaining a significant affordability advantage. Historically self-managed with little deferred maintenance, the property offers a clear value-add runway; implement targeted cosmetic upgrades to countertops and cabinetry to capture immediate rent premiums. Positioned in a supply-constrained submarket with local development moratoriums and a median household income projected to grow 53% by 2030, Soundview Il is a high-yield, low-risk addition to any portfolio. Proximity to Dash Point State Park and I-5 ensures durable demand for years to come.

2510472 MLS ⋅ ACTIVE Status

Rare opportunity to acquire Soundview II, a turn-key, six-unit multifamily asset in Federal Way's coveted Redondo neighborhood. This condo-style complex features expansive 1,170 SF 2-bed/1.5-bath floor plans designed for high-retention ccupancy. Units boast premium amenities including private west-facing balconies with partial Puget Sound views, fireplaces, in-unit full-size W/D, LVP flooring, and stainless appliances. With the December 2025 Link Extension opening, residents enjoy rapid light rail access to SEATAC and Downtown Seattle while maintaining a significant affordability advantage. Historically self-managed with little deferred maintenance, the property offers a clear value-add runway; implement targeted cosmetic upgrades to countertops and cabinetry to capture immediate rent premiums. Positioned in a supply-constrained submarket with local development moratoriums and a median household income projected to grow 53% by 2030, Soundview Il is a high-yield, low-risk addition to any portfolio. Proximity to Dash Point State Park and I-5 ensures durable demand for years to come.

28426 S 16th Ave, Federal Way

Listing courtesy of Real Broker LLC.

$925,000

Fantastic Ravenna location, close to light rail and Greenlake. Walking distance to great shopping and dining. Two big 2 bedroom units and One big 1 bedroom unit. All units with washer and dryer. Off street parking for each unit. Turnkey units in great condition. Great value here.

2507424 MLS ⋅ PENDING Status

Fantastic Ravenna location, close to light rail and Greenlake. Walking distance to great shopping and dining. Two big 2 bedroom units and One big 1 bedroom unit. All units with washer and dryer. Off street parking for each unit. Turnkey units in great condition. Great value here.

809 NE 62nd Street, Seattle

Listing courtesy of Madison Partners Real Estate.

$925,000

TOWNHOUSE REDEVELOPMENT OPPORTUNITY NEAR FREMONT/WALLINGFORD/GREENLAKE | 4,000 SF LOT WITh LR2 (M) ZONING 807 N 49th St is located just blocks from the Woodland Park Zoo, this 4,000 square foot lot is zoned LR2 (M), a highly desirable zoning code for townhome and small-scale multifamily development. Historically, LR-zoned sites were subject to unit-count density caps that limited overall development potential. However, with the implementation of HB 1110 in June 2025, those constraints have been removed in favor of a building envelope driven by FAR, height, and setback standards, meaning the total buildable size is now the primary limitation rather than the number of units. This shift allows developers to increase unit count through more efficient design, creating a more compelling development opportunity for 4+ luxury townhomes (buyer to verify) with skyline views in one of Seattle’s most sought-after neighborhoods. The existing structure on the site currently operates as a 5 Unit apartment building producing $50,311 in annual net operating income.

2503470 MLS ⋅ ACTIVE Status

TOWNHOUSE REDEVELOPMENT OPPORTUNITY NEAR FREMONT/WALLINGFORD/GREENLAKE | 4,000 SF LOT WITh LR2 (M) ZONING 807 N 49th St is located just blocks from the Woodland Park Zoo, this 4,000 square foot lot is zoned LR2 (M), a highly desirable zoning code for townhome and small-scale multifamily development. Historically, LR-zoned sites were subject to unit-count density caps that limited overall development potential. However, with the implementation of HB 1110 in June 2025, those constraints have been removed in favor of a building envelope driven by FAR, height, and setback standards, meaning the total buildable size is now the primary limitation rather than the number of units. This shift allows developers to increase unit count through more efficient design, creating a more compelling development opportunity for 4+ luxury townhomes (buyer to verify) with skyline views in one of Seattle’s most sought-after neighborhoods. The existing structure on the site currently operates as a 5 Unit apartment building producing $50,311 in annual net operating income.

807 N 49th Street, Seattle

Listing courtesy of Blake Investment Advisors.

$1,600,000

Perfectly positioned on a corner lot in coveted Capitol Hill, this colonial-style property offers an exceptional blend of character and location. Just steps from iconic Volunteer Park and within easy reach of vibrant shops and restaurants, it embodies the best of urban living. Each of the five one-bedroom, one-bath residences features hardwood floors, leaded-glass built-ins, and expansive windows that invite in abundant natural light. Four of the units have been thoughtfully updated with refreshed kitchens (4) and baths (3), complemented by improvements to plumbing, electrical systems, and appliances. Most windows have been replaced. A spacious basement provides shared laundry and additional storage, while three garage bays offer the convenience of off-street parking. With close proximity to light rail, bus lines, and freeway access, getting around is effortless. Rich in original detail and meaningful upside potential, this is a compelling investment opportunity in one of Seattle’s most sought-after neighborhoods.

2506604 MLS ⋅ ACTIVE Status

Perfectly positioned on a corner lot in coveted Capitol Hill, this colonial-style property offers an exceptional blend of character and location. Just steps from iconic Volunteer Park and within easy reach of vibrant shops and restaurants, it embodies the best of urban living. Each of the five one-bedroom, one-bath residences features hardwood floors, leaded-glass built-ins, and expansive windows that invite in abundant natural light. Four of the units have been thoughtfully updated with refreshed kitchens (4) and baths (3), complemented by improvements to plumbing, electrical systems, and appliances. Most windows have been replaced. A spacious basement provides shared laundry and additional storage, while three garage bays offer the convenience of off-street parking. With close proximity to light rail, bus lines, and freeway access, getting around is effortless. Rich in original detail and meaningful upside potential, this is a compelling investment opportunity in one of Seattle’s most sought-after neighborhoods.

746 10th Avenue E, Seattle

Listing courtesy of COMPASS.

$1,795,000

Turnkey North Capitol Hill 6 Plex Investment in the heart of a Vibrant Community. This well-maintained property features 6 spacious corner units w/views of the Space Needle, DT Seattle & Olympic Mountains. 6 units w/1-bed, 1-bath + den/bedroom, large living rooms/dining areas, full kitchens, hardwood floors throughout & secure entry with lobby. This building includes a 12-car parking lot for tenants & income. The lot has a high value with MR-M1 MID-RISE Zoning. Common laundry area in the large daylight basement & may offer the opportunity to add 2 additional 1-bed units for additional income. Prime location minutes to DT Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta. Near Broadway, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, & Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset in one of Seattle’s strongest rental markets. Solid cash-flowing property for Investors & 1031 Exchange. Future development potential with MR-M1 MID-RISE Zoning. Google MR-M1 Zoning. Tax assessed at $2,398,000 - The lot has a high value with the MR-M1 MID-RISE Zoning. Possible Owner Financing.

2505422 MLS ⋅ ACTIVE Status

Turnkey North Capitol Hill 6 Plex Investment in the heart of a Vibrant Community. This well-maintained property features 6 spacious corner units w/views of the Space Needle, DT Seattle & Olympic Mountains. 6 units w/1-bed, 1-bath + den/bedroom, large living rooms/dining areas, full kitchens, hardwood floors throughout & secure entry with lobby. This building includes a 12-car parking lot for tenants & income. The lot has a high value with MR-M1 MID-RISE Zoning. Common laundry area in the large daylight basement & may offer the opportunity to add 2 additional 1-bed units for additional income. Prime location minutes to DT Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta. Near Broadway, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, & Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset in one of Seattle’s strongest rental markets. Solid cash-flowing property for Investors & 1031 Exchange. Future development potential with MR-M1 MID-RISE Zoning. Google MR-M1 Zoning. Tax assessed at $2,398,000 - The lot has a high value with the MR-M1 MID-RISE Zoning. Possible Owner Financing.

315 12th Avenue E, Seattle

Listing courtesy of Skyline Properties, Inc..

$1,649,950

Classic, well-maintained SIX-plex on a NR3 lot in coveted Capitol Hill with a proven record of high occupancy rates. Each of the four 1 bed/1 bath units features hardwood floors. Updates in 2 units include refreshed kitchen + bath, updated plumbing + electrical and hardwood floors. Upstairs units have large windows that bathe the interiors in natural light. Spacious basement with shared coin operated laundry + storage and bike racks. Four prized off-street parking in back of units. Close to iconic Volunteer Park and bustling Broadway full of shopping, restaurant's and close to light rail. All 6 units have renters who would like to stay, some M2M and some on year leases. Rent rolls and deposits, available upon mutual acceptance.

2505207 MLS ⋅ PENDING Status

Classic, well-maintained SIX-plex on a NR3 lot in coveted Capitol Hill with a proven record of high occupancy rates. Each of the four 1 bed/1 bath units features hardwood floors. Updates in 2 units include refreshed kitchen + bath, updated plumbing + electrical and hardwood floors. Upstairs units have large windows that bathe the interiors in natural light. Spacious basement with shared coin operated laundry + storage and bike racks. Four prized off-street parking in back of units. Close to iconic Volunteer Park and bustling Broadway full of shopping, restaurant's and close to light rail. All 6 units have renters who would like to stay, some M2M and some on year leases. Rent rolls and deposits, available upon mutual acceptance.

317 17th Avenue E, Seattle

Listing courtesy of John L. Scott, Inc..

$1,400,000

Located in the up and coming neighborhood north of Green Lake. This offering contains 6 spacious apartments, including two, 2-story townhouse style units. The units contain washer/dryers and various other updates. The basement contains a secure parking garage with one space per unit. Located less than 2-blocks from major transit, near Green Lake, as well as Northgate shopping center and light rail station. The property offers a value add opportunity via full renovations, with some work already done for you. Easy building to maintain, has a refreshed landscape, new fence, all the decks and roof were replaced roughly 5-years ago. Rents are slightly below market, with room to increase.

2499829 MLS ⋅ PENDING Status

Located in the up and coming neighborhood north of Green Lake. This offering contains 6 spacious apartments, including two, 2-story townhouse style units. The units contain washer/dryers and various other updates. The basement contains a secure parking garage with one space per unit. Located less than 2-blocks from major transit, near Green Lake, as well as Northgate shopping center and light rail station. The property offers a value add opportunity via full renovations, with some work already done for you. Easy building to maintain, has a refreshed landscape, new fence, all the decks and roof were replaced roughly 5-years ago. Rents are slightly below market, with room to increase.

8830 Nesbit Avenue N, Seattle

Listing courtesy of Westland Realty.

$4,495,000

A rare 10-unit apartment portfolio in Green Lake, spanning three buildings across two parcels totaling 8,600 SF of LR2 zoning.The portfolio features a desirable mix of one-, two-, and three-bedroom units, all with private washers and dryers. Seven units are spacious townhome-style layouts (900–1,100 SF) with attached garages, laundry, and storage. A private courtyard garden sits between the buildings, creating a quiet residential feel.Over the past decade, ownership has replaced all wiring and plumbing, fully renovated kitchens and baths, and installed new gas furnaces.This central Green Lake location earns a Walk Score of 96 and is within walking distance of the Roosevelt Light Rail Station, Green Lake Park & Ride, PCC Market, the library, and neighborhood dining.

2503530 MLS ⋅ ACTIVE Status

A rare 10-unit apartment portfolio in Green Lake, spanning three buildings across two parcels totaling 8,600 SF of LR2 zoning.The portfolio features a desirable mix of one-, two-, and three-bedroom units, all with private washers and dryers. Seven units are spacious townhome-style layouts (900–1,100 SF) with attached garages, laundry, and storage. A private courtyard garden sits between the buildings, creating a quiet residential feel.Over the past decade, ownership has replaced all wiring and plumbing, fully renovated kitchens and baths, and installed new gas furnaces.This central Green Lake location earns a Walk Score of 96 and is within walking distance of the Roosevelt Light Rail Station, Green Lake Park & Ride, PCC Market, the library, and neighborhood dining.

8001 Densmore Avenue N, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$1,425,000

Well positioned in Seattle’s premier North Capitol Hill neighborhood at the corner of 15th Ave E and E Galer St, this fourplex offers an exceptional investment opportunity directly across from iconic Volunteer Park, renowned for its Olmsted-designed landscape. The property benefits from a highly walkable, transit-oriented location with convenient access to South Lake Union, Downtown Seattle, and the Eastside, making it especially attractive to tenants seeking both connectivity and neighborhood charm. The building features classic mid-century architecture and a preferable unit mix comprised of three one-bedroom units and one two-bedroom unit, appealing to a broad renter base. Residents enjoy desirable amenities including four off-street parking spaces, on-site laundry, dedicated storage, and updated dual-pane windows that enhance comfort and efficiency. In addition to its stable and profitable current operations and income upside, the property presents a compelling redevelopment opportunity. Situated on a 4,640 square foot LR3-zoned parcel, the site offers significant upside potential for future townhome development, allowing investors to capitalize on the area’s continued growth and demand. This is a unique opportunity to acquire a well-located, income-producing asset with immediate stability, income upside, and long-term development potential in one of Seattle’s desirable neighborhoods.

2503402 MLS ⋅ ACTIVE Status

Well positioned in Seattle’s premier North Capitol Hill neighborhood at the corner of 15th Ave E and E Galer St, this fourplex offers an exceptional investment opportunity directly across from iconic Volunteer Park, renowned for its Olmsted-designed landscape. The property benefits from a highly walkable, transit-oriented location with convenient access to South Lake Union, Downtown Seattle, and the Eastside, making it especially attractive to tenants seeking both connectivity and neighborhood charm. The building features classic mid-century architecture and a preferable unit mix comprised of three one-bedroom units and one two-bedroom unit, appealing to a broad renter base. Residents enjoy desirable amenities including four off-street parking spaces, on-site laundry, dedicated storage, and updated dual-pane windows that enhance comfort and efficiency. In addition to its stable and profitable current operations and income upside, the property presents a compelling redevelopment opportunity. Situated on a 4,640 square foot LR3-zoned parcel, the site offers significant upside potential for future townhome development, allowing investors to capitalize on the area’s continued growth and demand. This is a unique opportunity to acquire a well-located, income-producing asset with immediate stability, income upside, and long-term development potential in one of Seattle’s desirable neighborhoods.

1505 E Galer Street Unit #1-4, Seattle

Listing courtesy of Kidder Mathews.

$950,000

We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, L VP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.

2503231 MLS ⋅ ACTIVE Status

We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, L VP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.

3842 D Place SE, Auburn

Listing courtesy of Northmarq Multifamily, LLC.

$650,000

PRIME RMF DEVELOPMENT SITE | 4-UNIT POTENTIAL | 2022 TURNKEY RENO Unrivaled investment potential in the heart of the Renton Highlands. Strategically positioned for the forward-thinking developer, 1409 Union Ave NE offers a rare, level ~8,200 SF lot zoned RMF (Residential Multi-Family). Capitalize on Renton’s 2026 density updates with a site primed for a 4-unit project or high-density boutique multi-family stack (Buyer to verify yield and density with City). THE ASSET: Eliminate holding cost headaches. The existing 1,475 SF structure was fully renovated in 2022 with modern laminate flooring, a full contemporary kitchen, and updated systems. This is a turnkey "holding asset" capable of generating immediate rental income while you navigate the entitlement and permitting phase. COMMERCIAL POTENTIAL: The property features 4 dedicated parking spaces and has a long history of professional use. The RMF zoning allows for "Civic and Limited Commercial" uses that support the neighborhood. This is a standout for business owners seeking a standalone office hub or a unique live-work setup. NOTE: Buyer must verify current land use and permit status with the City of Renton for intended commercial occupancy or rental. PRIME LOCATION: Seconds from I-405, Sunset Blvd, and The Landing. Enjoy rapid access to Bellevue and Seattle in a sub-market seeing massive redevelopment. Level lot, RMF zoning, and 2022 high-end renovations. Priced competitively for a swift sale.

2498022 MLS ⋅ ACTIVE Status

PRIME RMF DEVELOPMENT SITE | 4-UNIT POTENTIAL | 2022 TURNKEY RENO Unrivaled investment potential in the heart of the Renton Highlands. Strategically positioned for the forward-thinking developer, 1409 Union Ave NE offers a rare, level ~8,200 SF lot zoned RMF (Residential Multi-Family). Capitalize on Renton’s 2026 density updates with a site primed for a 4-unit project or high-density boutique multi-family stack (Buyer to verify yield and density with City). THE ASSET: Eliminate holding cost headaches. The existing 1,475 SF structure was fully renovated in 2022 with modern laminate flooring, a full contemporary kitchen, and updated systems. This is a turnkey "holding asset" capable of generating immediate rental income while you navigate the entitlement and permitting phase. COMMERCIAL POTENTIAL: The property features 4 dedicated parking spaces and has a long history of professional use. The RMF zoning allows for "Civic and Limited Commercial" uses that support the neighborhood. This is a standout for business owners seeking a standalone office hub or a unique live-work setup. NOTE: Buyer must verify current land use and permit status with the City of Renton for intended commercial occupancy or rental. PRIME LOCATION: Seconds from I-405, Sunset Blvd, and The Landing. Enjoy rapid access to Bellevue and Seattle in a sub-market seeing massive redevelopment. Level lot, RMF zoning, and 2022 high-end renovations. Priced competitively for a swift sale.

1409 Union Avenue NE, Renton

Listing courtesy of Keller Williams Eastside.