Pnwcasas.com Search Results

$999,999

Rare redevelopment opportunity in Burien on Des Moines Memorial Drive South. Two tax parcels sold together totaling 23,784 SF, zoned MU-2 — permitting up to 65 feet in height with no FAR cap. Qualifying mixed-use buildings may achieve up to 85 feet. This corridor zoning is purpose-built for midrise mixed-use development and represents one of the more compelling land opportunities in South King County. Three tenants currently in place: two residential homes and a commercial space leased to a motorcycle business, producing $2,900/month gross. Level street-to-street lot with frontage on both Des Moines Memorial Dr S and Roseberg Ave S. Easy access to Sea-Tac Airport, I-5, and SR-509. Minutes to North Sea-Tac Park, shopping, dining, and transit. Ideal for a developer, investor, or owner-user. Shown by appointment with accepted offer or signed LOI. Do not disturb tenants. All information deemed reliable but buyer to verify to buyer's satisfaction.

2501776 MLS ⋅ ACTIVE Status

Rare redevelopment opportunity in Burien on Des Moines Memorial Drive South. Two tax parcels sold together totaling 23,784 SF, zoned MU-2 — permitting up to 65 feet in height with no FAR cap. Qualifying mixed-use buildings may achieve up to 85 feet. This corridor zoning is purpose-built for midrise mixed-use development and represents one of the more compelling land opportunities in South King County. Three tenants currently in place: two residential homes and a commercial space leased to a motorcycle business, producing $2,900/month gross. Level street-to-street lot with frontage on both Des Moines Memorial Dr S and Roseberg Ave S. Easy access to Sea-Tac Airport, I-5, and SR-509. Minutes to North Sea-Tac Park, shopping, dining, and transit. Ideal for a developer, investor, or owner-user. Shown by appointment with accepted offer or signed LOI. Do not disturb tenants. All information deemed reliable but buyer to verify to buyer's satisfaction.

12644 Des Moines Memorial Dr, Burien

Listing courtesy of John L. Scott, Inc..

$899,950

Well-maintained fourplex in Federal Way. Each unit features 2 bedrooms, 1 bathroom, a functional floor plan, fireplace, private balcony or patio, and in-unit washer and dryer, providing comfort and convenience for tenants.Property includes dedicated covered parking for each unit, additional uncovered parking spaces, and guest parking. Two units have been recently renovated, offering updated interiors and potential for increased rental income.The property has a strong rental history with long-term tenants, supporting stable and consistent income. On-site professional management is in place, and HOA rules do not allow for self-management.Conveniently located near shopping, dining, schools, and parks, with easy access to I-5 and Hwy 18, making it a desirable location for tenants and commuters alike. Ideal for investors seeking stable cash flow, low deferred maintenance, and long-term appreciation.

2500500 MLS ⋅ ACTIVE Status

Well-maintained fourplex in Federal Way. Each unit features 2 bedrooms, 1 bathroom, a functional floor plan, fireplace, private balcony or patio, and in-unit washer and dryer, providing comfort and convenience for tenants.Property includes dedicated covered parking for each unit, additional uncovered parking spaces, and guest parking. Two units have been recently renovated, offering updated interiors and potential for increased rental income.The property has a strong rental history with long-term tenants, supporting stable and consistent income. On-site professional management is in place, and HOA rules do not allow for self-management.Conveniently located near shopping, dining, schools, and parks, with easy access to I-5 and Hwy 18, making it a desirable location for tenants and commuters alike. Ideal for investors seeking stable cash flow, low deferred maintenance, and long-term appreciation.

34214 1st Place S, Federal Way

Listing courtesy of RSVP Brokers ERA.

$3,800,000

Sol Studios presents a rare investment opportunity in Seattle’s highly desirable North Capitol Hill neighborhood, just blocks from the vibrant 19th Ave E retail and restaurant corridor. The property features high-end unit finishes and modern building systems, highlighted by an innovative solar thermal energy system that provides highly efficient heating and hot water. With strong in-place operations delivering immediate, reliable cash flow, Sol Studios offers an ideal 1031 exchange opportunity in a market where few properties match its combination of quality, scale, and performance.

2498544 MLS ⋅ PENDING Status

Sol Studios presents a rare investment opportunity in Seattle’s highly desirable North Capitol Hill neighborhood, just blocks from the vibrant 19th Ave E retail and restaurant corridor. The property features high-end unit finishes and modern building systems, highlighted by an innovative solar thermal energy system that provides highly efficient heating and hot water. With strong in-place operations delivering immediate, reliable cash flow, Sol Studios offers an ideal 1031 exchange opportunity in a market where few properties match its combination of quality, scale, and performance.

1814 E John Street, Seattle

Listing courtesy of Kidder Mathews.

$3,500,000

Strategically positioned along West Seattle’s rapidly evolving Delridge corridor, this rare 5 parcel assemblage (approx. 23,760 SF) delivers scale, zoning, and income in one offering. NC2P 55(M) zoning invites a true midrise vision—up to five stories of residential over active ground floor commercial—right in the path of ongoing growth, infrastructure investment, and neighborhood revitalization. The property currently features 15 apartment units, with a mix of rented and vacant homes that provide immediate cash flow, upside through lease up, and flexibility during design and entitlement. Generous frontage, strong visibility, and easy access to the RapidRide H Line connect future residents to jobs, services, and the core city, while the forthcoming West Seattle light rail will further enhance long term demand and exit strategies. Assemblages of this size and quality are increasingly hard to find. Whether your plan is mixed use, all residential, or a phased redevelopment, this site checks the boxes: scale, zoning, transit, and story. Bring your architect, your vision, and your preferred builder—Delridge’s next signature project starts here.

2495909 MLS ⋅ PENDING FEASIBILITY Status

Strategically positioned along West Seattle’s rapidly evolving Delridge corridor, this rare 5 parcel assemblage (approx. 23,760 SF) delivers scale, zoning, and income in one offering. NC2P 55(M) zoning invites a true midrise vision—up to five stories of residential over active ground floor commercial—right in the path of ongoing growth, infrastructure investment, and neighborhood revitalization. The property currently features 15 apartment units, with a mix of rented and vacant homes that provide immediate cash flow, upside through lease up, and flexibility during design and entitlement. Generous frontage, strong visibility, and easy access to the RapidRide H Line connect future residents to jobs, services, and the core city, while the forthcoming West Seattle light rail will further enhance long term demand and exit strategies. Assemblages of this size and quality are increasingly hard to find. Whether your plan is mixed use, all residential, or a phased redevelopment, this site checks the boxes: scale, zoning, transit, and story. Bring your architect, your vision, and your preferred builder—Delridge’s next signature project starts here.

5222 -36 Delridge Way SW, Seattle

Listing courtesy of John L Scott RE West Seattle.

$749,995

South Park income-producing property featuring a beautifully updated Northwest Contemporary home with a basement apartment and detached DADU, offering excellent potential for rental income. The main home showcases vaulted ceilings with exposed beams, warm wood flooring, and abundant natural light. The chef’s kitchen is designed for both style and function with quartz countertops, stainless appliances, farmhouse sink, live-edge shelving, pantry, breakfast bar, and a huge quartz center island, along with skylights that create a bright, inviting space perfect for entertaining. Flexible living includes a main floor bedroom or office, full bath, and main-level laundry. Upstairs you’ll find a spacious primary suite with a walk-in closet and relaxing bathroom with jetted tub. The property also features two income-producing units: a lower-level apartment with kitchen, living room, den, private laundry and bath, plus a detached industrial-style DADU with loft, kitchen, bath and private laundry. Outdoor spaces include a walkout deck, private patio, and thoughtfully designed garden seating areas, along with RV parking, carport, and parking for up to five vehicles. Located in a central South Park location, this rare opportunity is ideal for investors or buyers seeking rental income to offset their mortgage.

2497011 MLS ⋅ ACTIVE Status

South Park income-producing property featuring a beautifully updated Northwest Contemporary home with a basement apartment and detached DADU, offering excellent potential for rental income. The main home showcases vaulted ceilings with exposed beams, warm wood flooring, and abundant natural light. The chef’s kitchen is designed for both style and function with quartz countertops, stainless appliances, farmhouse sink, live-edge shelving, pantry, breakfast bar, and a huge quartz center island, along with skylights that create a bright, inviting space perfect for entertaining. Flexible living includes a main floor bedroom or office, full bath, and main-level laundry. Upstairs you’ll find a spacious primary suite with a walk-in closet and relaxing bathroom with jetted tub. The property also features two income-producing units: a lower-level apartment with kitchen, living room, den, private laundry and bath, plus a detached industrial-style DADU with loft, kitchen, bath and private laundry. Outdoor spaces include a walkout deck, private patio, and thoughtfully designed garden seating areas, along with RV parking, carport, and parking for up to five vehicles. Located in a central South Park location, this rare opportunity is ideal for investors or buyers seeking rental income to offset their mortgage.

1053 S Southern Street, Seattle

Listing courtesy of RE/MAX Extra Inc..

$2,550,000

Rare University District income property with 8-bed main house + newer 3-bed DADU, generating $15,100/month ($181,200/year) in rental income with true zero vacancy. Tenants pay all utilities and the property has undergone significant upgrades including a nearly new DADU, renovated basement, radiant in-floor heat, mini-split, remodeled kitchen and powder room, new electrical and plumbing, and more. Stabilized NOI ˜ $160K with strong rental demand and minimal near or mid-term cap-ex. Listed at $2.55M (~6.4% cap / 14× GRM). Excellent opportunity for anyone seeking durable income in the University District.

2493978 MLS ⋅ ACTIVE Status

Rare University District income property with 8-bed main house + newer 3-bed DADU, generating $15,100/month ($181,200/year) in rental income with true zero vacancy. Tenants pay all utilities and the property has undergone significant upgrades including a nearly new DADU, renovated basement, radiant in-floor heat, mini-split, remodeled kitchen and powder room, new electrical and plumbing, and more. Stabilized NOI ˜ $160K with strong rental demand and minimal near or mid-term cap-ex. Listed at $2.55M (~6.4% cap / 14× GRM). Excellent opportunity for anyone seeking durable income in the University District.

5230 16th Avenue NE, Seattle

Listing courtesy of Real Property Associates.

$800,000

Turnkey duplex opportunity in the heart of Columbia City that is great for house hacking by living in one of the units or renting out both for cashflow. This well-maintained property features two updated units: Unit A features a 3-bedroom, 1-bath floorplan and Unit B features a 2-bedroom, 1-bath floorplan. Both units are currently tenant-occupied, providing immediate rental income for the next owner. Each unit has been thoughtfully updated with modern finishes with its own individual washer & dryer, helping minimize near-term maintenance while offering comfortable living spaces. Generous interiors and functional floor plans make the property well-suited for long-term rental use. Conveniently located just steps away from the Light Rail, as well as local shops, dining, and parks in Columbia City. A compelling opportunity for investors seeking a well-kept, income-producing property in a central Seattle location. The duplex comes pre-inspected.

2493055 MLS ⋅ ACTIVE Status

Turnkey duplex opportunity in the heart of Columbia City that is great for house hacking by living in one of the units or renting out both for cashflow. This well-maintained property features two updated units: Unit A features a 3-bedroom, 1-bath floorplan and Unit B features a 2-bedroom, 1-bath floorplan. Both units are currently tenant-occupied, providing immediate rental income for the next owner. Each unit has been thoughtfully updated with modern finishes with its own individual washer & dryer, helping minimize near-term maintenance while offering comfortable living spaces. Generous interiors and functional floor plans make the property well-suited for long-term rental use. Conveniently located just steps away from the Light Rail, as well as local shops, dining, and parks in Columbia City. A compelling opportunity for investors seeking a well-kept, income-producing property in a central Seattle location. The duplex comes pre-inspected.

5045 37th Avenue S, Seattle

Listing courtesy of COMPASS.

$2,975,000

Rare opportunity to acquire a 6-unit waterfront multifamily asset in one of West Seattle’s most iconic locations. Situated on Alki Ave SW, this property offers unobstructed Puget Sound and Olympic Mountain views just steps from Alki Beach, the Alki Trail, dining, and neighborhood amenities. The property consists of 2 buildings with a strong unit mix, including spacious renovated units averaging approximately 1,200 SF, in-unit laundry, and off-street parking for 8-10 cars. Located on a 12,000 SF LR2(M) zoned lot, the asset presents multiple value-add angles including continued rent growth, long-term hold potential, and possible future redevelopment optionality. Current rents provide upside with renovated units and a premier location that continues to drive strong tenant demand. An irreplaceable Alki waterfront offering with income, scale, and land value in a highly sought-after coastal submarket. Buyer to verify all information to their satisfaction.

2493770 MLS ⋅ ACTIVE Status

Rare opportunity to acquire a 6-unit waterfront multifamily asset in one of West Seattle’s most iconic locations. Situated on Alki Ave SW, this property offers unobstructed Puget Sound and Olympic Mountain views just steps from Alki Beach, the Alki Trail, dining, and neighborhood amenities. The property consists of 2 buildings with a strong unit mix, including spacious renovated units averaging approximately 1,200 SF, in-unit laundry, and off-street parking for 8-10 cars. Located on a 12,000 SF LR2(M) zoned lot, the asset presents multiple value-add angles including continued rent growth, long-term hold potential, and possible future redevelopment optionality. Current rents provide upside with renovated units and a premier location that continues to drive strong tenant demand. An irreplaceable Alki waterfront offering with income, scale, and land value in a highly sought-after coastal submarket. Buyer to verify all information to their satisfaction.

1788 Alki Avenue SW, Seattle

Listing courtesy of Kidder Mathews.

$2,890,000

Multi Gen Living! ~ Also zoned (CB) Commercial Business [Private Elevator] ~ [6,927] Magnificent SF. [7] Bedrooms, including [6] w/private ensuites. [12] Baths total. The panorama is permanent, the address irreplaceable. Two residences. One address. Positioned high above Lake Washington, the water doesn't frame the room. It fills it. From every floor, through every window: shimmering open water, the Olympic Mountains on the western horizon, and Kenmore Air floatplanes tracing arcs across the surface below. The building's height is grandfathered under current zoning. It cannot be built again. Two complete luxury residences, one above the other, both with 11ft crafted tray ceilings with crown molding. Each residence features master-level laundry and a second W/D on the lower level. The Upper Res has a private 3-stop elevator. The Lower Res has the shaft, fully framed, structurally prepped. The bones are there. The decision is yours. The Upper Residence (3,902 SF | 3 bed | 4.25 bath): travertine marble floors with radiant heat, a fully equipped lake-view kitchen served by 2 additional lake-view wet bars, a gas fireplace, a vaulted pavilion with classical columns open to the water, a curved five-window gallery, and a five-piece marble spa bath, Velux skylights, soaking tub, and walk-in shower. The Lower Residence (3,025 SF | 4 bed | 4.50 bath): cherry cabinets, granite countertops, SS appliances, gas range, a gas fireplace, HW floors, and a glass-railed lake-view deck.

2492756 MLS ⋅ ACTIVE Status

Multi Gen Living! ~ Also zoned (CB) Commercial Business [Private Elevator] ~ [6,927] Magnificent SF. [7] Bedrooms, including [6] w/private ensuites. [12] Baths total. The panorama is permanent, the address irreplaceable. Two residences. One address. Positioned high above Lake Washington, the water doesn't frame the room. It fills it. From every floor, through every window: shimmering open water, the Olympic Mountains on the western horizon, and Kenmore Air floatplanes tracing arcs across the surface below. The building's height is grandfathered under current zoning. It cannot be built again. Two complete luxury residences, one above the other, both with 11ft crafted tray ceilings with crown molding. Each residence features master-level laundry and a second W/D on the lower level. The Upper Res has a private 3-stop elevator. The Lower Res has the shaft, fully framed, structurally prepped. The bones are there. The decision is yours. The Upper Residence (3,902 SF | 3 bed | 4.25 bath): travertine marble floors with radiant heat, a fully equipped lake-view kitchen served by 2 additional lake-view wet bars, a gas fireplace, a vaulted pavilion with classical columns open to the water, a curved five-window gallery, and a five-piece marble spa bath, Velux skylights, soaking tub, and walk-in shower. The Lower Residence (3,025 SF | 4 bed | 4.50 bath): cherry cabinets, granite countertops, SS appliances, gas range, a gas fireplace, HW floors, and a glass-railed lake-view deck.

6404 NE 181st Street Unit #A&B, Kenmore

Listing courtesy of KW Everett.

$1,300,000

Turn-key 8-unit asset with strong income potential and multiple operating strategies. Property is currently configured as hotel-style studio units, each fully furnished with a full bath and kitchenette, and was previously operated as overflow lodging for a nearby hotel. Units are separately metered for electric, providing flexibility to continue as short-term or extended-stay lodging, or reposition as long-term rentals for more traditional multifamily cash flow. Strong rent-per-square-foot potential with additional value-add upside. Property features 8 ground-level parking spaces plus a second-floor storage room already plumbed for future laundry installation. First time on the market — owned by the original owner with recent roof replacement and major capital improvements already completed. Excellent access to I-5 and Hwy 99, with close proximity to downtown supporting consistent rental demand and long-term investment appeal.

2492452 MLS ⋅ ACTIVE Status

Turn-key 8-unit asset with strong income potential and multiple operating strategies. Property is currently configured as hotel-style studio units, each fully furnished with a full bath and kitchenette, and was previously operated as overflow lodging for a nearby hotel. Units are separately metered for electric, providing flexibility to continue as short-term or extended-stay lodging, or reposition as long-term rentals for more traditional multifamily cash flow. Strong rent-per-square-foot potential with additional value-add upside. Property features 8 ground-level parking spaces plus a second-floor storage room already plumbed for future laundry installation. First time on the market — owned by the original owner with recent roof replacement and major capital improvements already completed. Excellent access to I-5 and Hwy 99, with close proximity to downtown supporting consistent rental demand and long-term investment appeal.

1120 N 91st Street, Seattle

Listing courtesy of Real Broker LLC.

$899,000

Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom, 1-bath units, each offering 1,000 square feet of comfortable living space. Functional layouts, generous unit sizes, and consistent rental demand support strong long-term performance. Property currently offers a cap rate of over 6%, making it an attractive addition to an investment portfolio. Significant capital improvement completed with a new tile roof installed in 2022, providing durability and reducing future maintenance concerns. Conveniently located near major commuting routes, shopping, dining, and everyday amenities. Large unit sizes, solid income potential, and key updates make this a compelling multi-family investment opportunity in a strong rental market. Excellent opportunity for investors seeking stable cash flow and long-term value.

2491971 MLS ⋅ ACTIVE Status

Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom, 1-bath units, each offering 1,000 square feet of comfortable living space. Functional layouts, generous unit sizes, and consistent rental demand support strong long-term performance. Property currently offers a cap rate of over 6%, making it an attractive addition to an investment portfolio. Significant capital improvement completed with a new tile roof installed in 2022, providing durability and reducing future maintenance concerns. Conveniently located near major commuting routes, shopping, dining, and everyday amenities. Large unit sizes, solid income potential, and key updates make this a compelling multi-family investment opportunity in a strong rental market. Excellent opportunity for investors seeking stable cash flow and long-term value.

34120 1st Place S, Federal Way

Listing courtesy of Real Broker LLC.

$830,000

Side-by-Side Duplex in Prime Location Near Carkeek Park. Situated on a quiet street, this solid duplex features two spacious units: 10452 with 2 bedrooms/1 bath and 10450 with 3 bedrooms/1 bath. Both offer kitchens with eating areas, hardwood floors, and daylight basements with laundry and ample storage. The basements provide excellent potential for additional finished living space. Strong structure with opportunity for cosmetic updates to maximize value. Currently leased at below-market rents, presenting an exceptional value-add opportunity for investors seeking upside in a desirable neighborhood.

2491963 MLS ⋅ ACTIVE Status

Side-by-Side Duplex in Prime Location Near Carkeek Park. Situated on a quiet street, this solid duplex features two spacious units: 10452 with 2 bedrooms/1 bath and 10450 with 3 bedrooms/1 bath. Both offer kitchens with eating areas, hardwood floors, and daylight basements with laundry and ample storage. The basements provide excellent potential for additional finished living space. Strong structure with opportunity for cosmetic updates to maximize value. Currently leased at below-market rents, presenting an exceptional value-add opportunity for investors seeking upside in a desirable neighborhood.

10450 Alderbrook Place NW, Seattle

Listing courtesy of Windermere RE Greenwood.

$1,995,000

Watson Manor Apartments is a 10-unit apartment building located in the heart of Kent. Situated just south of Kent Station and minutes from SR-516, the property offers tenants suburban livability with seamless access to major employment centers throughout the region. Watson Manor is a rare opportunity to acquire a 100% vacant asset, providing investors with complete operational flexibility from day one. Unlike typical acquisitions encumbered by legacy leases, below-market rents, or deferred repositioning timelines, this property allows a new owner to immediately execute their business plan and fully capture current market dynamics. The asset represents a true “choose your own adventure” opportunity — whether the strategy is a light cosmetic refresh and lease-up, a comprehensive interior renovation to achieve premium rents, or a thoughtful reconfiguration to maximize unit efficiency. With no tenant rollover risk or displacement considerations. Beyond the immediate ability to re-tenant at today’s market rates, the property offers compelling upside through strategic improvements and potential reconfiguration. Explore converting the existing laundry area into an additional unit, or redesigning select layouts to create larger sized units, increasing rentable square footage and overall revenue potential. NOTE - All income and expense items are based on proforma - property will be delivered vacant at close.

2491414 MLS ⋅ PENDING INSPECTION Status

Watson Manor Apartments is a 10-unit apartment building located in the heart of Kent. Situated just south of Kent Station and minutes from SR-516, the property offers tenants suburban livability with seamless access to major employment centers throughout the region. Watson Manor is a rare opportunity to acquire a 100% vacant asset, providing investors with complete operational flexibility from day one. Unlike typical acquisitions encumbered by legacy leases, below-market rents, or deferred repositioning timelines, this property allows a new owner to immediately execute their business plan and fully capture current market dynamics. The asset represents a true “choose your own adventure” opportunity — whether the strategy is a light cosmetic refresh and lease-up, a comprehensive interior renovation to achieve premium rents, or a thoughtful reconfiguration to maximize unit efficiency. With no tenant rollover risk or displacement considerations. Beyond the immediate ability to re-tenant at today’s market rates, the property offers compelling upside through strategic improvements and potential reconfiguration. Explore converting the existing laundry area into an additional unit, or redesigning select layouts to create larger sized units, increasing rentable square footage and overall revenue potential. NOTE - All income and expense items are based on proforma - property will be delivered vacant at close.

739 3rd Avenue S, Kent

Listing courtesy of Lee & Associates Commercial RE.

$1,216,800

Investor-Ready Cash-Flowing Triplex in Meadowbrook’s LR3(M) Growth Zone Fully stabilized 1960 triplex in northeast Seattle’s Meadowbrook neighborhood. Each of the three identical 3-bed/1-bath units is 1,100 SF and leased through 2026-2028. Tenants pay all utilities (electric directly; sewer/water/garbage via RUBS). Each unit has separate laundry, and the property includes seven off-street parking spaces. Capital Improvements (2019–2026): New SquareD panels, GFCI bath/kitchen upgrades, dedicated appliance/bath circuits, targeted heater replacements, PEX refit in Apts. A/C, bathtub re-plumbing, new toilets, new water heaters, new carpet/vinyl flooring, newer kitchen/bath cabinets, appliances, window coverings, interior paint, redirected drainage, and vinyl windows. Deferred maintenance addressed; capex schedule available. Location & Zoning Upside: Meadowbrook (98125) offers residential character and LR3(M) density upside. Rapid bus lines are within a 5-minute walk, Northgate light rail is about a 10-minute drive, and the Burke-Gilman Trail is nearby. Lake City Way adds nearby retail and dining convenience. Target Buyer: Small investor seeking stable cash flow or portfolio buyer consolidating LR3(M)-zoned assets. Clean title, clean books, clean systems. Boundary survey completed in 2018, adding due diligence value.

2489986 MLS ⋅ ACTIVE Status

Investor-Ready Cash-Flowing Triplex in Meadowbrook’s LR3(M) Growth Zone Fully stabilized 1960 triplex in northeast Seattle’s Meadowbrook neighborhood. Each of the three identical 3-bed/1-bath units is 1,100 SF and leased through 2026-2028. Tenants pay all utilities (electric directly; sewer/water/garbage via RUBS). Each unit has separate laundry, and the property includes seven off-street parking spaces. Capital Improvements (2019–2026): New SquareD panels, GFCI bath/kitchen upgrades, dedicated appliance/bath circuits, targeted heater replacements, PEX refit in Apts. A/C, bathtub re-plumbing, new toilets, new water heaters, new carpet/vinyl flooring, newer kitchen/bath cabinets, appliances, window coverings, interior paint, redirected drainage, and vinyl windows. Deferred maintenance addressed; capex schedule available. Location & Zoning Upside: Meadowbrook (98125) offers residential character and LR3(M) density upside. Rapid bus lines are within a 5-minute walk, Northgate light rail is about a 10-minute drive, and the Burke-Gilman Trail is nearby. Lake City Way adds nearby retail and dining convenience. Target Buyer: Small investor seeking stable cash flow or portfolio buyer consolidating LR3(M)-zoned assets. Clean title, clean books, clean systems. Boundary survey completed in 2018, adding due diligence value.

12317 35th Avenue NE, Seattle

Listing courtesy of MLS4owners.com.

$699,000

Beautiful property in the heart of Tukwila featuring a 4-bedroom, 2-bath primary home plus a detached 1-bedroom, 1-bath ADU, offering excellent flexibility for investors or owner-occupants. The 1,170 sq ft main home and 600 sq ft DADU are both tenant occupied, providing immediate rental income. The detached ADU has been recently renovated with modern LVP flooring and upgraded finishes, creating a comfortable and stylish living space. Situated on a generous 8,696 sq ft corner lot, the property features a spacious, level backyard with plenty of room for outdoor recreation, entertaining, or future possibilities. Ideally located with easy access to I-5 and I-405, making commuting throughout the Seattle area simple and convenient. Just steps from the Light Rail station, providing quick transit access to downtown Seattle, SeaTac Airport, and surrounding cities. A rare opportunity to own a versatile property in a highly accessible location with strong rental potential.

2488606 MLS ⋅ ACTIVE Status

Beautiful property in the heart of Tukwila featuring a 4-bedroom, 2-bath primary home plus a detached 1-bedroom, 1-bath ADU, offering excellent flexibility for investors or owner-occupants. The 1,170 sq ft main home and 600 sq ft DADU are both tenant occupied, providing immediate rental income. The detached ADU has been recently renovated with modern LVP flooring and upgraded finishes, creating a comfortable and stylish living space. Situated on a generous 8,696 sq ft corner lot, the property features a spacious, level backyard with plenty of room for outdoor recreation, entertaining, or future possibilities. Ideally located with easy access to I-5 and I-405, making commuting throughout the Seattle area simple and convenient. Just steps from the Light Rail station, providing quick transit access to downtown Seattle, SeaTac Airport, and surrounding cities. A rare opportunity to own a versatile property in a highly accessible location with strong rental potential.

13348 32nd Avenue S, Tukwila

Listing courtesy of Triplar Properties.

$990,000

Great opportunity for investors! Commercial and Multi Family Zoned. Just two lots up from Rainier Ave N, on corner of Victoria/Hardie. Two separate buildings. Five units are ready to go as you wish. Sixth unit can be remodeled in future, to increase cash flow. Most everything has been updated with new carpets, paint, laminate flooring, interior doors, heaters, blinds, light fixtures, and much more! Two car carport and three, open parking spots. Thermal pane windows, with territorial views, in all units. Separate, common utility room w/ storage room. New roof with 50 year warranty. Superior location to most everything!

2488130 MLS ⋅ ACTIVE Status

Great opportunity for investors! Commercial and Multi Family Zoned. Just two lots up from Rainier Ave N, on corner of Victoria/Hardie. Two separate buildings. Five units are ready to go as you wish. Sixth unit can be remodeled in future, to increase cash flow. Most everything has been updated with new carpets, paint, laminate flooring, interior doors, heaters, blinds, light fixtures, and much more! Two car carport and three, open parking spots. Thermal pane windows, with territorial views, in all units. Separate, common utility room w/ storage room. New roof with 50 year warranty. Superior location to most everything!

150 Hardie Avenue SW Unit #1-6, Renton

Listing courtesy of RE/MAX Eastside Brokers, Inc..

$990,000

Great opportunity for investors! Commercial and Multi Family Zoned. Just two lots up from Rainier Ave N, on corner of Victoria/Hardie. Two separate buildings. Five units are ready to go as you wish. Sixth unit can be remodeled in future, to increase cash flow. Most everything has been updated with new carpets, paint, laminate flooring, interior doors, heaters, blinds, light fixtures, and much more! Two car carport and three, open parking spots. Thermal pane windows, with territorial views, in all units. Separate, common utility room w/ storage room. New roof with 50 year warranty. Superior location to most everything!

2455476 MLS ⋅ ACTIVE Status

Great opportunity for investors! Commercial and Multi Family Zoned. Just two lots up from Rainier Ave N, on corner of Victoria/Hardie. Two separate buildings. Five units are ready to go as you wish. Sixth unit can be remodeled in future, to increase cash flow. Most everything has been updated with new carpets, paint, laminate flooring, interior doors, heaters, blinds, light fixtures, and much more! Two car carport and three, open parking spots. Thermal pane windows, with territorial views, in all units. Separate, common utility room w/ storage room. New roof with 50 year warranty. Superior location to most everything!

150 Hardie Avenue SW Unit #1-6, Renton

Listing courtesy of RE/MAX Eastside Brokers, Inc..

$975,000

Live in one unit and rent out the other with this duplex opportunity in sought after North Beacon Hill neighborhood! Each 2 bed/1 bath unit is 764 sq ft with thoughtfully designed floor plan, new carpet and one level living. Dedicated & private attached garage space for each unit with additional storage space, plus 3 additional driveway parking spaces. Shared coin op laundry and community yard. Separate electrical meter for each unit. Located in a great location with quick access to downtown Seattle & Eastside, I-90 and I-5 with multiple bus lines nearby.

2486695 MLS ⋅ ACTIVE Status

Live in one unit and rent out the other with this duplex opportunity in sought after North Beacon Hill neighborhood! Each 2 bed/1 bath unit is 764 sq ft with thoughtfully designed floor plan, new carpet and one level living. Dedicated & private attached garage space for each unit with additional storage space, plus 3 additional driveway parking spaces. Shared coin op laundry and community yard. Separate electrical meter for each unit. Located in a great location with quick access to downtown Seattle & Eastside, I-90 and I-5 with multiple bus lines nearby.

1701 19th Avenue S, Seattle

Listing courtesy of KW Greater Seattle.

$900,000

This fully rented fourplex offers an incredible opportunity for investors seeking steady cash flow in the heart of Auburn. Each of the four units features 2 bedrooms, 1 bathroom, and 750 sqft, appealing to a wide range of tenants. The property includes assigned parking for convenience and a community coin-operated laundry room for added income potential. Situated in a prime location near shopping, dining, and events, this investment is perfectly positioned for growth. Don't miss out on this turnkey rental property!

2486776 MLS ⋅ ACTIVE Status

This fully rented fourplex offers an incredible opportunity for investors seeking steady cash flow in the heart of Auburn. Each of the four units features 2 bedrooms, 1 bathroom, and 750 sqft, appealing to a wide range of tenants. The property includes assigned parking for convenience and a community coin-operated laundry room for added income potential. Situated in a prime location near shopping, dining, and events, this investment is perfectly positioned for growth. Don't miss out on this turnkey rental property!

2250 I Street NE, Auburn

Listing courtesy of RE/MAX Elite.

$1,805,000

Newly remodeled 10 unit apartment complex with courtyard and patios, parking for 5 cars on site, coin-operated laundry and storage. All units were completely remodeled in 2017-2019: new floors, kitchens, bathrooms, paint. Building has a new roof (on both buildings: 2019 and 2025), fresh paint (2024), gated access. Fully occupied and well maintained with 0% vacancy and excellent financials. RRIO inspection has been successfully passed in 2019.

2482422 MLS ⋅ ACTIVE Status

Newly remodeled 10 unit apartment complex with courtyard and patios, parking for 5 cars on site, coin-operated laundry and storage. All units were completely remodeled in 2017-2019: new floors, kitchens, bathrooms, paint. Building has a new roof (on both buildings: 2019 and 2025), fresh paint (2024), gated access. Fully occupied and well maintained with 0% vacancy and excellent financials. RRIO inspection has been successfully passed in 2019.

8805 14th Avenue S, Seattle

Listing courtesy of Torre Realty.

$1,350,000

Grand Craftsman duplex in the heart of Capitol Hill offering exceptional flexibility: an expansive primary residence paired with an income-producing second unit. The primary residence spans three stories with six bedrooms and downtown views, providing substantial scale and livability for an owner-occupant or long-term tenant. The second unit is a separate, fully equipped studio, offering privacy and in-place income. Fix and flip, buy and hold as a full rental investment, live in one unit as an owner-occupant with supplemental rental income, or occupy the entire property to create space for guests or intergenerational living. The primary residence is currently tenant-occupied on a month-to-month basis, creating near-term flexibility for a qualified buyer. Extensive unfinished basement square footage presents an opportunity to expand rentable area or enhance owner use, subject to the buyer’s plans. Situated on a 4,311 SF corner lot with alley access and off-street parking for two vehicles, the property is zoned LR3 and includes near shovel-ready plans by Hybrid Architecture for four townhomes with MILs and one single-family residence with an ADU, providing a clear redevelopment alternative for a developer. Property tours are available to qualified buyers by appointment, with interior access coordinated to respect existing tenancy. A high-caliber Capitol Hill property for buyers seeking immediate livability, stable income, and long-term flexibility.

2482102 MLS ⋅ ACTIVE Status

Grand Craftsman duplex in the heart of Capitol Hill offering exceptional flexibility: an expansive primary residence paired with an income-producing second unit. The primary residence spans three stories with six bedrooms and downtown views, providing substantial scale and livability for an owner-occupant or long-term tenant. The second unit is a separate, fully equipped studio, offering privacy and in-place income. Fix and flip, buy and hold as a full rental investment, live in one unit as an owner-occupant with supplemental rental income, or occupy the entire property to create space for guests or intergenerational living. The primary residence is currently tenant-occupied on a month-to-month basis, creating near-term flexibility for a qualified buyer. Extensive unfinished basement square footage presents an opportunity to expand rentable area or enhance owner use, subject to the buyer’s plans. Situated on a 4,311 SF corner lot with alley access and off-street parking for two vehicles, the property is zoned LR3 and includes near shovel-ready plans by Hybrid Architecture for four townhomes with MILs and one single-family residence with an ADU, providing a clear redevelopment alternative for a developer. Property tours are available to qualified buyers by appointment, with interior access coordinated to respect existing tenancy. A high-caliber Capitol Hill property for buyers seeking immediate livability, stable income, and long-term flexibility.

702 11th Avenue E, Seattle

Listing courtesy of Urban Living.

$4,150,000

Sited just off 509 at the edge of SeaTac Airport sits 15043 8th Ave S AND 648 S 152nd Street in Burien. These two buildings include 23 studio units and one large ground floor office space, perfect for a law office or other entity. With a simple commute in any direction and proximity to light rail, these buildings have had minimal vacancy. Both buildings present an excellent opportunity for a savvy buyer with upside potential.

2480872 MLS ⋅ ACTIVE Status

Sited just off 509 at the edge of SeaTac Airport sits 15043 8th Ave S AND 648 S 152nd Street in Burien. These two buildings include 23 studio units and one large ground floor office space, perfect for a law office or other entity. With a simple commute in any direction and proximity to light rail, these buildings have had minimal vacancy. Both buildings present an excellent opportunity for a savvy buyer with upside potential.

15043 8th Avenue S, Burien

Listing courtesy of Windermere Real Estate Co..

$1,799,948

Investor Alert! Owner financing available, 20-25% down, 4% int.,30year do in 10.. Incredible opportunity to own a fully remodeled 4-plex in the heart of SeaTac. Each spacious unit features three bedrooms with modern, sleek finishes and open-concept living. This is a true top-to-bottom renovation with new electrical, plumbing, mini-split systems, and all improvements brought up to current code. Every unit offers in-unit washer and dryer, security system hookups, and access to on-site car charging stations, with one ADA-compliant unit included. Upper units boast private balconies, while lower units feature covered patios. Unbeatable location just minutes to I-5 access and Sea-Tac International Airport, and within walking distance to public transportation. Conveniently located near Westfield Southcenter, community parks, schools, shopping, and more.

2478326 MLS ⋅ ACTIVE Status

Investor Alert! Owner financing available, 20-25% down, 4% int.,30year do in 10.. Incredible opportunity to own a fully remodeled 4-plex in the heart of SeaTac. Each spacious unit features three bedrooms with modern, sleek finishes and open-concept living. This is a true top-to-bottom renovation with new electrical, plumbing, mini-split systems, and all improvements brought up to current code. Every unit offers in-unit washer and dryer, security system hookups, and access to on-site car charging stations, with one ADA-compliant unit included. Upper units boast private balconies, while lower units feature covered patios. Unbeatable location just minutes to I-5 access and Sea-Tac International Airport, and within walking distance to public transportation. Conveniently located near Westfield Southcenter, community parks, schools, shopping, and more.

4617 S 189th Street, SeaTac

Listing courtesy of John L. Scott, Inc.

$990,000

This well-maintained 4-plex in the desirable Campus View community presents an excellent investment opportunity. Each of the four spacious units features 2 bedrooms, 1.5 bathrooms, 976 sq. ft. of living space, a cozy fireplace, and an in-unit washer and dryer. Residents enjoy the convenience of a dedicated covered parking spot, plus additional visitor parking. Professionally managed for a hassle-free ownership experience, this property is centrally located near shopping, dining, and parks, with easy access to I-5, Hwy 99, and Hwy 18.

2478223 MLS ⋅ ACTIVE Status

This well-maintained 4-plex in the desirable Campus View community presents an excellent investment opportunity. Each of the four spacious units features 2 bedrooms, 1.5 bathrooms, 976 sq. ft. of living space, a cozy fireplace, and an in-unit washer and dryer. Residents enjoy the convenience of a dedicated covered parking spot, plus additional visitor parking. Professionally managed for a hassle-free ownership experience, this property is centrally located near shopping, dining, and parks, with easy access to I-5, Hwy 99, and Hwy 18.

34005 1 St Circle S, Federal Way

Listing courtesy of 360 Pacific.

$4,295,000

The property reflects true pride of ownership, with extensive upgrades completed in recent years. Improvements include full replacement of in-unit wiring and plumbing, along with comprehensive kitchen and bathroom remodels, ensuring modern comfort, durability, and reduced future capital needs. With an average unit size of 560 SF, the building offers efficient layouts that remain highly competitive in the Beacon Hill rental market. Offering a desirable and efficient unit mix of two studios, thirteen one-bedrooms, and seven two-bedrooms, this 22-unit asset delivers broad renter appeal and strong operational fundamentals. Residents benefit from close proximity to local amenities, outdoor recreation, transit access, and major employment centers—supporting consistent demand in all market cycles.

2475680 MLS ⋅ ACTIVE Status

The property reflects true pride of ownership, with extensive upgrades completed in recent years. Improvements include full replacement of in-unit wiring and plumbing, along with comprehensive kitchen and bathroom remodels, ensuring modern comfort, durability, and reduced future capital needs. With an average unit size of 560 SF, the building offers efficient layouts that remain highly competitive in the Beacon Hill rental market. Offering a desirable and efficient unit mix of two studios, thirteen one-bedrooms, and seven two-bedrooms, this 22-unit asset delivers broad renter appeal and strong operational fundamentals. Residents benefit from close proximity to local amenities, outdoor recreation, transit access, and major employment centers—supporting consistent demand in all market cycles.

1815 13th Avenue S, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$997,500

Beautifully updated 4-bedroom, 2.75-bath home featuring fresh interior paint and new carpet throughout. The main level offers a convenient bedroom and ¾ bath, a bright living area, and easy access to the patio for outdoor relaxation. Downstairs includes a private bedroom with a spacious bathroom—perfect for guests or extended living. Upstairs, you’ll find two additional bedrooms and a full bathroom. Move-in ready with flexible spaces for every lifestyle. Situated just blocks from Seattle Center, the Gates Foundation, Amazon, and SLU, with a vibrant array of restaurants and nightlife nearby, the best of Seattle awaits!

2472780 MLS ⋅ ACTIVE Status

Beautifully updated 4-bedroom, 2.75-bath home featuring fresh interior paint and new carpet throughout. The main level offers a convenient bedroom and ¾ bath, a bright living area, and easy access to the patio for outdoor relaxation. Downstairs includes a private bedroom with a spacious bathroom—perfect for guests or extended living. Upstairs, you’ll find two additional bedrooms and a full bathroom. Move-in ready with flexible spaces for every lifestyle. Situated just blocks from Seattle Center, the Gates Foundation, Amazon, and SLU, with a vibrant array of restaurants and nightlife nearby, the best of Seattle awaits!

708 Warren Avenue N, Seattle

Listing courtesy of John L. Scott, Inc..

$1,599,950

This Ballard triplex is a standout investment that blends turnkey performance with exceptional upside. The property features three beautifully remodeled 2bed, 1bath units with modern finishes, smart layouts, and strong tenant appeal in one of Seattle's most vibrant neighborhoods, delivering immediate, reliable income with little to no additional work required. What truly sets this property apart is the fully remodeled fourth unit, a 3bed, 1bath that needs permits to be legalized. Once completed, this unit can generate an estimated additional 28,800 dollars per year, creating a rare and tangible value-add opportunity with much of the heavy lifting already done. This property delivers strong income today with clear, immediate upside.

2470080 MLS ⋅ PENDING INSPECTION Status

This Ballard triplex is a standout investment that blends turnkey performance with exceptional upside. The property features three beautifully remodeled 2bed, 1bath units with modern finishes, smart layouts, and strong tenant appeal in one of Seattle's most vibrant neighborhoods, delivering immediate, reliable income with little to no additional work required. What truly sets this property apart is the fully remodeled fourth unit, a 3bed, 1bath that needs permits to be legalized. Once completed, this unit can generate an estimated additional 28,800 dollars per year, creating a rare and tangible value-add opportunity with much of the heavy lifting already done. This property delivers strong income today with clear, immediate upside.

6301 22nd Avenue NW, Seattle

Listing courtesy of Windermere Real Estate Co..

$900,000

Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

2468343 MLS ⋅ ACTIVE Status

Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

4811 S 252nd Place, Kent

Listing courtesy of Kidder Mathews.

$900,000

Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

2468325 MLS ⋅ ACTIVE Status

Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

4809 S 252nd Place, Kent

Listing courtesy of Kidder Mathews.

$1,699,000

Seller financing---Clean and well maintained Kirkland 4-plex in Totem Lake Area, updated and fully occupied. Stucco & brick exterior, 2 bedroom 1 bath units with washer/dryer inside each unit, decks. 3 year old roof, new paint. Close to shopping, public transportation, freeway access and restaurants. Great low maintenance investment and easy to manage. Drive by and walk exterior. Please do not disturb tenants. HOA takes care of landscaping, trash removal, and common area maintenance. The 4-plex is one of 12 separate 4-plexes that make up Totem Firs Apartment complex. Each building owned separately. *Ask your broker about an INTEREST RATE BUYDOWN paid by seller.

2465814 MLS ⋅ PENDING Status

Seller financing---Clean and well maintained Kirkland 4-plex in Totem Lake Area, updated and fully occupied. Stucco & brick exterior, 2 bedroom 1 bath units with washer/dryer inside each unit, decks. 3 year old roof, new paint. Close to shopping, public transportation, freeway access and restaurants. Great low maintenance investment and easy to manage. Drive by and walk exterior. Please do not disturb tenants. HOA takes care of landscaping, trash removal, and common area maintenance. The 4-plex is one of 12 separate 4-plexes that make up Totem Firs Apartment complex. Each building owned separately. *Ask your broker about an INTEREST RATE BUYDOWN paid by seller.

12602 NE 118th Street, Kirkland

Listing courtesy of Skyline Properties, Inc..