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$2,525,000
2553931 MLS ⋅ ACTIVE Status
The Monterey Apartments feature elegant and timeless architecture that appeals to a broad spectrum of renters seeking character and warmth not found in typical new buildings. There are a total of 13 apartments with a balanced mix of spacious studios and one-bedrooms and a large (1,253 SF), recently renovated two-bedroom plus den floor plan. The units are inviting and comfortable, with tall ceilings, beautiful original hardwood floors, efficient floor plans, charming period details and great natural lighting. Units on the upper floor enjoy wonderful territorial views of Green Lake and Greenwood.

8008 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,150,000
2552878 MLS ⋅ ACTIVE Status
Welcome to this well-positioned investment opportunity in the heart of Seattle's trendy Ballard neighborhood. Located at 824 NW 64th Street, this charming triplex offers a compelling mix of rental income and neighborhood appeal. Constructed in 1968, the building features three units — two approximately 875 sq. ft. (2 bed / 1 bath) and one at roughly 1,100 sq. ft. (2 bed / 1 bath) — totaling about 2,850 sq. ft. of rentable space. The lot spans approximately 5,000 sq. ft. and is zoned NR3, offering future flexibility. The property includes a two car garage and a spacious backyard. The property is within walking distance of Ballard's vibrant nightlife including restaurants and breweries.

824 NW 64th Street, Seattle

Listing courtesy of John L. Scott, Inc.

$4,300,000
2552631 MLS ⋅ ACTIVE Status
Come see all that Eastbay Apartments has to offer! A boutique mixed-use investment opportunity located in Seattle’s desirable West Queen Anne neighborhood. Built in 2011, the Property consists of 12 multifamily units & two ground floor commercial spaces, offering investors diversified income within one of Seattle's most sought after urban sub markets. The Property features a well-balanced unit mix including one studio unit, four one-bedroom units, three two-bedroom/one-bath units, two two-bedroom/two-bath units, and two top-floor two-bedroom/two-and-a-half-bath townhome units with private rooftop decks. The units feature spacious layouts & premium interior finishes, including in-unit washer/dryers, granite countertops, stainless-steel appliances & modern cabinetry designed to appeal to Seattle’s professional renter demographic. Eastbay Apartments benefits from its strategic location in West Queen Anne with convenient access to Seattle’s major employment centers including South Lake Union, Downtown Seattle, Ballard, and Interbay. The surrounding neighborhood provides residents with proximity to Magnolia’s parks, waterfront amenities, restaurants, and neighborhood retail destinations, creating a strong live-work-play environment. The Property also includes two levels of secured garage parking with 15 spaces and 12 on-site storage units, enhancing tenant convenience and supporting long-term occupancy stability.

3232 15th Avenue W, Seattle

Listing courtesy of John L. Scott, Inc.

$924,999
2552871 MLS ⋅ PENDING Status
Spacious corner-lot home with a large yard, beautiful views of the Olympic Mountains, and a separate lower-level living space ideal for multigenerational living. The larger upper home and private lower unit provide the opportunity to maintain comfortable, independent living spaces. The lower kitchen was renovated in 2021, and the upper kitchen was renovated in 2025. Both kitchens feature dishwashers and garbage disposals. Additional improvements include a new mini-split heating and cooling system in 2023, including replacement of the outdoor unit and the addition of two new indoor systems, bringing air conditioning to the lower level. The upper home also features an updated bathroom, new tile flooring, and new carpet in the bedrooms, while the lower level received new flooring in 2021. The generous yard, corner-lot setting, mountain views, and two fully equipped living spaces create a unique setup for guests or flexible household needs.

9725 Phinney Avenue N, Seattle

Listing courtesy of COMPASS.

$3,200,000
2552535 MLS ⋅ ACTIVE Status
Pasadena Place is a rare eight-unit multifamily opportunity located just minutes from the University of Washington, consisting of five townhomes and one triplex across three buildings. All townhomes were built in 2008, the triplex was built in 1927 and renovated in 2025. The property offers a desirable mix of spacious 2-, 3-, and 4-bedroom units averaging approximately 1,000 square feet, creating broad rental appeal in a high-demand neighborhood. All units in the triplex and one townhome have been recently renovated, while the remaining townhomes present a clear value-add opportunity through interior upgrades. Pasadena Place offers investors both stable in-place cash flow and future rental upside.

4218 Pasadena Place NE, Seattle

Listing courtesy of Real Broker LLC.

$1,210,000
2551898 MLS ⋅ ACTIVE Status
Phinney Ridge spacious duplex near Woodland Park with stable income and strong upside potential. Exceptional property for an investor completing a 1031 exchange or looking to expand a multifamily portfolio. Each unit offers over 1300 sq ft of living space with 2 bedrooms and 1.75 bathrooms providing tenants an abundance of space to relax, work from home or find privacy. Additionally, there is over 1100 sq ft of unfinished basement space with separate entrance, offering a blank canvas for your ideas. Each unit has a w/dryer. Enhance your investment through future upgrades to the existing units while potentially adding another unit or creating unique amenities for yourself or for your tenants in the lower level. The property is zoned LR1(M) on a 5,000 sq ft lot offering future development potential. Both units currently occupied by tenants, providing immediate rental income. The exterior was refreshed in June 2026, all siding, window trim, deck, patio, railings & stairs professionally washed & painted. Fully fenced grassy backyard, 1 car-gar & driveway parking. Convenient commuter access to downtown Seattle or Eastside, including nearby public transit. Enjoy Woodland Park Rose Garden and nearby Green Lake & Fremont restaurants and cafes. Fantastic opportunity to acquire an income-producing property today with the option to owner-occupy in the future in one of Seattle's most desirable neighborhoods. Buyer to verify all information & permitted uses to their own satisfaction.

4707 Phinney Avenue N, Seattle

Listing courtesy of eXp Realty.

$1,150,000
2551244 MLS ⋅ ACTIVE Status
Perched high above the street, in one of Seattle's most reliably rented neighborhoods, this triplex provides a genuine sense of privacy and security to tenants, a sought-after respite increasingly rare in urban Seattle. These features, plus four parking stalls on a private dead-end alley, in-unit laundry, and northwest facing decks translate directly into tenant stability.All three units are currently occupied. Financials include a normalized cap rate on actual rents. The normalized figure removes one-time repairs, costs not inherited by a new owner. The vacancy reserve is a conservative underwriting cushion, not a reflection of this property's rental history.Unit 1 produces strong income today with fireplace, full appliances, and a private deck. Units 2 & 3 rents are below Interbay market rate for in-unit laundry 1BRs, offering a clear path to a higher cap rate and upside potential without capital investment.Solidly built, this triplex features a standing metal roof, copper plumbing, and fresh exterior paint. Added storage in the 330 SF flexible basement. Native landscaping keeps grounds simple to maintain with minimal costs. Fix up interiors on your timeline and collect strong rents in the meantime.Zoned LR1(M) on a 6,000 SF lot with alley access along a corridor that attracts density & long-term investment. This Interbay triplex offers a stable, fully occupied diamond-in-the rough asset with clear upside potential & multiple paths to improved returns.

3438 14th Avenue W, Seattle

Listing courtesy of Engel & Voelkers Seattle DT.

$900,000
2551103 MLS ⋅ PENDING Status
Investor Alert! Turnkey opportunity with immediate cash flow and future development potential. This fully occupied Duplex, upstairs 2/1 and downstairs 1/1 property generates stable rental income, with both units leased. Situated on NR3-zoned land, the property offers investors the opportunity to collect income while evaluating redevelopment possibilities and maximizing the site's future value. The property underwent updates exterior paint (2025), deck repair (2021) , new sewer line (2022), unit B was remodeled in 2021. Upstairs tenant has been there long term, downstairs has been rented as a furnished apartment to traveling nurses via the Furnished Finders system.

3033 31st Avenue W, Seattle

Listing courtesy of Keller Williams Eastside.

$1,600,000
2550329 MLS ⋅ PENDING INSPECTION Status
We are pleased to present the Bertona Apartments, a 7-unit apartment community built in 1958 in Seattle’s coveted North Queen Anne neighborhood, delivered fully vacant at closing. This rare offering gives investors and owner-occupants the immediate ability to lease all units at current market rents, pursue targeted renovations, or both, with no inherited lease obligations. The building offers seven one-bedroom units with efficient layouts, 8 surface parking spaces, and a dedicated common laundry and storage area. The top floor unit is a standout, canal views and a large private deck make it an ideal owner-occupant penthouse or a premium rental commanding top-of-market rents. A comprehensive capital improvement program addressed building envelope repairs and plumbing upgrades in 2017, a full roof replacement in 2006, electrical upgrades in 2024, and new flooring throughout, allowing a new owner to direct capital toward light interior finishing rather than deferred maintenance. Positioned in North Queen Anne with seamless access to Fremont, Ballard, Interbay, South Lake Union, and Downtown Seattle, and within easy reach of Apple, Anthropic, Meta, Google, Amazon, and Expedia, the Bertona Apartments sit in one of Seattle’s most consistently in-demand rental submarkets. With a well-maintained building, a compelling owner-user opportunity, and a fully vacant delivery, this is an immediately executable opportunity to lease, reposition, and maximize returns from day one.

650 W Bertona Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$2,800,000
2550353 MLS ⋅ ACTIVE Status
We are pleased to present the Cremona Apartments, an 11unit apartment community built in 1961, offered to the market fully vacant at closing. This rare delivery provides investors and owner-occupants alike the immediate ability to lease all units at current market rents, pursue targeted renovations, or both with no displacement concerns and no inherited lease obligations. The building offers a well-rounded unit mix of one studio, six one-bedrooms, one one-bedroom plus den, and three two-bedrooms, set on a quiet residential street with six surface parking spaces. The common area, which houses individual storage units and a shared laundry hookup, is generously proportioned and may present an opportunity to incorporate into the adjacent studio unit as additional net rentable space, buyer to verify. Centrally positioned between Ballard, Fremont, South Lake Union, and Downtown Seattle, residents enjoy convenient access to the city’s most active employment corridor, with Meta, Apple, Anthropic, Google, Amazon, and Expedia all within easy reach. The Cremona Apartments represent an immediate executable opportunity in one of Seattle’s most desirable and supply-constrained neighborhoods. Delivered vacant, priced for today’s market, and positioned within minutes of Seattle’s strongest employment and lifestyle anchors, this is a rare chance for a new owner to set rents, define the tenant profile, and reposition the asset from day one with zero friction.

34 W Cremona Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$3,400,000
2550372 MLS ⋅ ACTIVE Status
We are pleased to present the Emerson Apartments, a 12-unit apartment community built in 1965 in Seattle’s coveted North Queen Anne neighborhood, delivered fully vacant at closing. This rare offering gives investors and owner-occupants the immediate ability to lease all units at current market rents, pursue targeted renovations, or both, with no inherited lease obligations and no displacement concerns. The building offers 6 1BD and 6 2BD with spacious bedrooms, living areas, and select units featuring private decks with canal views. There are 12 surface parking spaces and a dedicated laundry and storage room on each of the 3 floors. Major systems are addressed: new siding and exterior painting in 2002, a roof replacement, electrical upgrades in 2023 and 2024, and interior renovations in 2015 covering new appliances, kitchen and bathroom remodeling, and new exterior doors throughout. A new owner can direct capital toward light interior value-add rather than deferred maintenance. Positioned on W Emerson Street, the Emerson Apartments offer seamless access to Interbay, Fremont, Ballard, South Lake Union, and Downtown Seattle, with major employers including Apple, Meta, Anthropic, Google, Amazon, and Expedia all within easy reach. With a well-maintained building and fully vacant delivery, the Emerson Apartments represent an immediate executable opportunity to lease, reposition, and maximize returns from day one.

600 W Emerson Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$2,500,000
2544198 MLS ⋅ ACTIVE Status
Prime Columbia City LR3 (M) Site — Fully Rented Income Property Outstanding investment opportunity along the MLK transit corridor. This LR3 RC (M)-zoned property sits just blocks from the Columbia City Light Rail Station and is fully rented, providing immediate income while offering strong long-term redevelopment potential. The site features gentle topography, solid solar exposure, and frontage along a major arterial with full sidewalks and light rail transit access. 5 minutes walk Surrounded by single-family, townhome, and multifamily developments, this location supports a wide range of future residential uses. Perfect for investors seeking cash flow now with development upside later in one of Seattle’s fastest-growing urban villages.

5050 MARTIN LUTHER KING JR WAY S, Seattle

Listing courtesy of Skyline Properties, Inc..

$4,500,000
2549082 MLS ⋅ PENDING Status
Highly Attractive Seller Financing 3.85%, 20% Down, 5 Years. UW 17th Rooming Houses offers investors a rare opportunity to acquire two adjacent rooming houses in Seattle’s highly desirable U-District/Greek Row location, just a 4-minute walk to the University of Washington campus, 9-minute walk to the U-District Light Rail Station, and 20-minute walk to University Village. The property features a combined 45 bedrooms, 5 kitchens, 11 bathrooms, 11,560 rentable SF, 8,640 SF of land, and 6 parking stalls. With average in-place rents of approximately $719/bed compared to projected market rents of $850/bed, the asset provides clear upside through light interior updates, operational improvements, and potential reconfiguration strategies. New roofs were completed in 2023, with mostly updated plumbing and electrical systems, offering investors a strong foundation in one of Seattle’s most consistent student-housing rental markets.

4714 17th Avenue NE, Seattle

Listing courtesy of Kidder Mathews.

$1,699,950
2548973 MLS ⋅ ACTIVE Status
Exceptional value-add investment opportunity in Seattle's evolving Rainier Beach neighborhood, just moments from Lake Washington. This 7-unit multifamily property features an ideal unit mix of four 2-bedroom/1-bath units and three 1-bedroom/1-bath units, providing strong in-place income with additional revenue from on-site coin-operated laundry. Current ownership has maintained consistent occupancy while offering the next owner the opportunity to enhance value through cosmetic unit updates as vacancies occur. Investors will appreciate the potential to improve rental income over time while benefiting from immediate cash flow. Situated on an NC155(M)-zoned lot with six tandem parking spaces accommodating up to 12 vehicles, the property also offers long-term redevelopment potential (buyer to verify). Conveniently located near Lake Washington, transit, neighborhood restaurants, shopping, and ongoing community investment, this is a rare opportunity to acquire a well-performing asset with multiple avenues for future growth. Some interior photos have been virtually staged for illustrative purposes only. Virtual staging is limited to furnishings and décor.

9265 57th Avenue S, Seattle

Listing courtesy of Epique Realty.

$1,250,000
2542614 MLS ⋅ ACTIVE Status
Welcome to this prime Ballard triplex, an exceptional opportunity for investors looking for a well-maintained, income-producing asset in a highly walkable and sought-after Seattle neighborhood. Currently fully tenant-occupied, rents in two units were recently increased to closely reflect current market value, offering a solid foundation with a clear path for continued growth. Two of the units were fully renovated, and every unit comes fully equipped with a range, refrigerator, and dishwasher for everyday convenience. Beyond the individual living spaces, the property features shared on-site coin laundry facilities and two garage spaces, adding significant value and the potential for additional parking or storage revenue. Situated in an incredibly walkable Ballard location, residents have easy access to the neighborhood's renowned dining, shopping, and entertainment. This is a rare chance to own a fully occupied, well-performing asset with clear upside in one of Seattle's strongest rental markets.

5506 7th Avenue NW, Seattle

Listing courtesy of COMPASS.

$498,700
2544828 MLS ⋅ ACTIVE Status
Discover an excellent investment opportunity in the heart of West Seattle. This income-producing duplex is ideally positioned in the Delridge neighborhood, offering convenient access to downtown Seattle, neighborhood parks, shopping, restaurants, and major commuter routes. The upper residence features 2 bedrooms and 1 full bathroom, while the lower residence includes 1 bedroom and a ¾ bath, providing flexible rental options. Separate gas and electric meters allow tenants to pay their own utilities. The future light rail expansion is expected to further enhance the area's appeal and long-term value. Property is located at the corner of Delridge Way SW and 23rd Ave SW (GPS directions may incorrectly place you across the street). Please do not disturb the occupants. Interior showings will be available only after an accepted offer. No sign at property.

3823 Delridge Way SW, Seattle

Listing courtesy of Marketplace Sotheby's Intl Rty.

$4,500,000
2536745 MLS ⋅ PENDING Status
The Dolphin is an iconic 8-unit waterfront apartment building prominently situated along the shores of Alki Beach. Meticulously maintained and extensively upgraded, this rare investment opportunity features approximately 65 feet of bulkheaded Puget Sound frontage with sweeping water and Olympic Mountain views. Significant improvements include a complete exterior refit with brick & stucco finishes, marine-grade stainless steel components, fiberglass decks, & an 80-mil PVC roof membrane. Ownership includes primary & secondary tidelands together with boat buoy rights—an increasingly rare waterfront amenity. Distinguished by its signature landscaping & landmark presence along the Alki shoreline, The Dolphin offers a unique combination of quality, location, & long-term investment potential. Conveniently located near Alki Point Lighthouse, waterfront recreation, dining, & neighborhood amenities. A rare opportunity to acquire a legacy-quality waterfront asset in one of Seattle's most sought-after coastal locations. First time on the Market in 30 years!

3015 Alki Avenue SW, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$6,500,000
2543808 MLS ⋅ ACTIVE Status
The Laureate presents a rare opportunity to acquire a well-maintained 23-unit multifamily asset building in the heart of the Seattle’s University District neighborhood and walking distance to both the University of Washington and the Link Light Rail Station. Originally built in 1961, the property benefits from recent extensive capital improvements and interior renovations, positioning the asset as a compelling combination of stable in-place income and future revenue growth potential. Ownership has invested significantly in the systems over the past 5 years: including a membrane roof replacement, replacement of all individual hot water tanks, securing and gating the parking for 17 vehicles, as well as overhauling the sprinkler system. Featuring a unit mix of 20 sizable 650 SF, 1-bedroom units and one 800 SF, 2-bedroom unit, select units have been renovated with modern finishes including luxury vinyl plank flooring, updated kitchens, stainless steel appliances, including dishwashers and in-unit W/D installations. All units feature A/C, and 1st floor units include patio access. The existing renovations provide future ownership with a blueprint to continue remodeling unit interiors and capture additional rental upside. Additionally, there is potential to assume the current debt with term through 2031.

4731 12th Avenue NE, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$399,000
2543766 MLS ⋅ PENDING FEASIBILITY Status
Value-Add Retail Opportunity on Aurora Ave N - Priced Below Assessed Value Excellent opportunity for an owner-user, local investor, or contractor to acquire a high-visibility commercial property along the Aurora Ave N corridor. Strong street exposure with consistent traffic counts, ideal for service-based businesses or retail users seeking an affordable entry point into a prime corridor location. The building is currently vacant and in rough condition, offering significant upside for buyers looking to reposition or renovate. Previously configured as a 2-unit retail building, with potential to reconfigure back to a dual-tenant layout for income-producing use (buyer to verify). Situated on a 4,000 SF lot and zoned NC3-55 (M), allowing for a range of commercial and mixed-use possibilities (buyer to verify). Offered below current county assessed value. Property sold as-is. Buyer to verify all information, including zoning, permitted uses, and development potential.

10311 Aurora Avenue N, Seattle

Listing courtesy of Real Broker LLC.

$1,095,000
2542462 MLS ⋅ ACTIVE Status
The Mansion District Fourplex is a charming 4-unit multifamily property nestled in the heart of Seattle’s desirable North Capitol Hill neighborhood next to Volunteer Park. Two units are nonconforming units, but can be permitted with SDIC as a value-add opportunity (buyer to verify). This historic gem, built in 1905, blends timeless appeal with modern potential, offering investors a rare chance to capitalize on one of the city’s most desirable areas. Whether you’re looking to boost rental income through market-rate adjustments, legalize the two lower non-conforming units for added value, owner-occupy a unit while generating passive revenue, or redevelop the site into higher-density housing, this fourplex is poised for substantial returns in a market where demand continues to outpace supply.

910 E Prospect Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,300,000
2541112 MLS ⋅ ACTIVE Status
Calling all investors! Opportunity knocks at this charming 1916 Craftsman duplex in a desirable Capitol Hill location. Its sunny western outlook captures sunset city and views of the Space Needle and South Lake Union. In the heart of all Seattle has to offer, this prime address is just minutes from South Lake Union business centers with excellent transit and bike access. A high walk score means you can stroll to restaurants, coffee shops, retail, markets, nightlife, and more! Each spacious 1,115 sq. ft. unit features 3 bedrooms and a full bathroom with hardwood floors and all appliances included. In-unit laundry is a huge perk highly sought after by renters, along with rare individual garage parking for each unit. Don’t miss the coveted outdoor living space, too! A low vacancy rate and hot neighborhood that is constantly in demand make this a smart investment. Long term tenants 7 and 12 years and want to continue to stay.

1010 Bellevue Court E, Seattle

Listing courtesy of Windermere Mercer Island.

$1,900,000
2541763 MLS ⋅ ACTIVE Status
Originally constructed in 1990, the four-story building consists of five spacious residential apartments and one highly desirable commercial suite, creating a diversified income stream uncommon among properties of this size. The residential component includes four oversized one-bedroom units and one expansive two-bedroom unit, each featuring thoughtful floorplans designed to maximize functionality and natural light. All apartment homes benefit from southern exposure and offer generous living spaces, large bedrooms, well-appointed kitchens with abundant cabinetry, and private outdoor patios. Additional in-unit amenities include a range, refrigerator, dishwasher, microwave, and air-conditioning. The ground-floor commercial space further enhances the property’s appeal, offering an attractive, flexible environment characterized by beautiful hardwood flooring, a kitchenette, and a private shower. This unique component provides investors with additional income diversification while serving a variety of potential tenant uses. The property has been meticulously maintained throughout ownership and features frame construction with durable vinyl siding and a pitched roof that remains in excellent condition. Additional tenant amenities include a common laundry facility, an inviting rooftop deck with neighborhood views, and an exceptional 1:1 parking ratio, an rare feature in Fremont’s urban core.

816 N 38th Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,625,000
2538372 MLS ⋅ ACTIVE Status
Beautifully maintained four-unit building in an exceptional Ballard location. Just blocks from Ballard's vibrant shops, acclaimed restaurants, music venues, movie theater, and the popular Sunday Farmers Market, with easy access to everything this sought-after neighborhood has to offer. Thoughtfully updated with contemporary finishes and low-maintenance systems (effective year built: 1988), including double-pane windows throughout. The 1800sf west-facing unit features two bedrooms, two baths, huge bonus room/at home office/3rd non-conforming bedroom, all with an abundance of natural light. Three additional one-bedroom, one-bath residences offer generous living spaces and the convenience of in-unit laundry. Attractive interior finishes include hardwood floors, quartz countertops, shaker-style cabinetry, and updated plumbing and lighting fixtures. The property also features off-street parking, beautifully landscaped outdoor spaces ideal for entertaining, and substantial lower-level tenant storage and mechanical rooms. Strong rental history and excellent tenant retention provide stable income, while future value-add potential exists with seller-provided architectural plans for a possible fifth unit (buyer to verify feasibility). Excellent investment opportunity in one of Seattle's most desirable neighborhoods. Virtual staging.

6746 24th Avenue NW, Seattle

Listing courtesy of Lake & Company.

$2,900,000
2539066 MLS ⋅ ACTIVE Status
12-unit multifamily investment opportunity located in Seattle’s Capitol Hill neighborhood directly adjacent to Seattle Central College and the Capitol Hill Link Light Rail Station. Built in 1959, Harvard Court is situated on an 8,960 SF lot and offers strong in-place income with additional rental upside potential. Property features excellent access to downtown Seattle, with a direct light rail connection to Westlake Station in approximately 4 minutes. The location provides walkable access to shopping, dining, nightlife, and major employment centers throughout Capitol Hill and downtown. Zoned MIO-105-NC3-55 (M), the site also offers future redevelopment potential with zoning allowing heights up to 105 feet across a variety of permitted uses. Rare opportunity to acquire a well-located multifamily asset in one of Seattle’s strongest urban rental markets.

1818 Harvard Avenue, Seattle

Listing courtesy of Congress Realty.

$1,895,000
2538004 MLS ⋅ ACTIVE Status
Bittertree Condominiums is an eight-unit apartment building at 13310 Greenwood Ave N in Seattle’s Greenwood neighborhood. Built in 1996, the property features two large studios, two one-bedroom units, and four two-bedroom units. All units include in-unit washers and dryers, private balconies, and access to a secured garage with seven parking stalls. The building sits on a 6,787 SF LR3 (M) zoned lot on Greenwood Avenue. This is a stabilized asset with upside potential. Five units have been updated with luxury vinyl plank flooring and newer appliances. The remaining three are occupied by long-term tenants with below-market rents, offering an opportunity to increase income through natural turnover. With separate electric meters, water sub-metering, and modern construction, the property offers a low-maintenance, efficient operating profile. Seller financing is available with 30% down and a five-year interest-only term: 5.0% interest in years one and two, and 5.5% in years three through five. The investment delivers a 5.7% cap rate and 7.2% cash-on-cash return at acquisition, increasing to a 6.6% cap rate and 10.2% cash-on-cash return as rents reach market levels.

13310 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$2,295,000
2537323 MLS ⋅ ACTIVE Status
We are pleased to present Twin Cedars Apartments, an 8-unit apartment built in 1968 in Seattle’s coveted Magnolia neighborhood, within steps of Discovery Park. The building offers 31BD averaging 732SF and 5 2BD averaging 967SF, with efficient floor plans. With 2BD units comprising 63% of the building, the unit mix is squarely aligned with the unit type that drives the strongest tenant demand and longest retention across Seattle’s rental market. _of the 8 units have been updated with stone countertops and LVP flooring, delivering a modernized interior foundation. Roof replaced and cedar siding resided in 2020 keep the exterior in sound condition, and a newly improved bike storage room adds a practical amenity that current ownership has not yet monetized. Parking income similarly remains uncaptured, giving a new owner immediate, low-effort revenue opportunities from day one. Twin Cedars operates with discipline already in place. RUBS and pet rent keep utility costs off the owner’s bottom line, and a stable, long-tenured tenant base reflects both the building’s quality and the neighborhood’s enduring appeal. With in-place rents close to market, the clearest path to income growth is the addition of in-unit laundry upon turnover. Comparable Magnolia buildings demonstrate rental premiums of 15% or more from this single upgrade, and combined with parking and bike storage activation, the income levers are identified, accessible, and ready for a new owner to execute.

3510 W Elmore Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$2,098,000
2535620 MLS ⋅ ACTIVE Status
This well-maintained multifamily property in Seattle’s highly desirable Bryant neighborhood presents a rare opportunity to acquire 12 spacious, light-filled units, which have been thoughtfully renovated. The property's generous unit layouts and private residential feel contribute to strong tenant appeal and long-term occupancy in one of Northeast Seattle’s most sought-after submarkets. Ideally located just steps from the bus service and Light Rail and within minutes walk to University Village, Seattle Children’s Hospital, and the University of Washington. The property offers residents exceptional connectivity, convenience, and access to major employment and lifestyle amenities. Adding to its investment appeal, the property is zoned NC2P-55 (Neighborhood Commercial 2 with Pedestrian Overlay), allowing for mixed-use development with a 55-foot height limit. This zoning supports pedestrian-oriented commercial uses at the street level with residential units above, creating significant future redevelopment potential. Investors have the opportunity to benefit from strong in-place cash flow while positioning the asset for higher-density, transit-oriented development in a rapidly growing urban corridor.

2800 NE 55th Street, Seattle

Listing courtesy of Windermere Real Estate Co..

$2,650,000
2536889 MLS ⋅ PENDING Status
Admiral 7 consists of seven well-designed units featuring an attractive mix of spacious townhomes and flats. The unit mix includes four 2-bed-room, 1.5-bath townhome-style units averaging approximately 1,000 square feet, two 2-bedroom, 1-bath flats averaging 814 square feet, and one large 1-bedroom unit. Each unit offers functional and desirable layouts with large living rooms, dedicated dining areas, and open kitchens featuring modern updates. Interiors are enhanced by updated bathrooms, oversized closets, abundant natural light through large windows, and the convenience of in-unit laundry. Situated in North Admiral, one of West Seattle’s most coveted neighborhoods, the property benefits from a unique blend of coastal lifestyle and urban convenience. Residents are just minutes from Alki Beach’s vibrant waterfront scene, while also enjoying proximity to Admiral Junction’s neighborhood amenities, grocery stores, cafes, and restaurants.

3056 60th Avenue SW, Seattle

Listing courtesy of Westlake Associates, Inc..

$6,225,000
2536846 MLS ⋅ ACTIVE Status
The Magnolia Assemblage offers a new investor the ability to acquire a 3 building portfolio suitable for a value-add opportunity located in a core Seattle area. The current arrangement offers 31 multi-family units plus a single family house. All together the assemblage represents 34,262 square feet of LR3 (M) zoned dirt suitable for a development of +/- 30 townhouses.

2600 -2626 Thorndyke Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$820,000
2534220 MLS ⋅ ACTIVE Status
The West Seattle Duplex is a two-unit property located at 3824 23rd Ave SW in the Delridge neighborhood. Delivered fully vacant at closing, it offers a highly flexible opportunity in the West Seattle multifamily market. Each unit features a 2-bedroom, 1.75-bath layout spanning 1,220 square feet, with private decks, in-unit laundry hookups, and single-car garages. The property is well suited for an owner-user, a light renovation value-add investor, or a hybrid strategy. A buyer can live in one unit and lease the other, or lease both after modest cosmetic upgrades to achieve strong market rents. Recent improvements include a new roof installed in 2021 and full copper plumbing. Interiors feature updated kitchens and bathrooms with stone countertops, along with LVP flooring in the upstairs unit. Conveniently located, the duplex offers quick access to Downtown Seattle via the West Seattle Bridge and is minutes from the West Seattle Junction and Alki Beach. It is also within walking distance of the future Delridge Light Rail Station, part of Sound Transit’s West Seattle Link Extension. Planned at SW Andover St and Delridge Way SW, construction is set to begin in 2027, with service expected in late 2032, supporting long-term rent growth and value appreciation.

3824 23rd Avenue SW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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