Rare Wallingford investment opportunity! This turnkey Seattle duplex features two 3-bedroom units, each with two dedicated off-street parking spaces an exceptional find moments to the University of Washington, Greenlake & key commuter routes. Striking brick chimney anchors the duplex's mid-century facade. The upper 3-bedroom unit blends classic Seattle charm with a bright, open floor plan, wood-burning fireplace with brick surround & fresh carpet and vinyl flooring. The light-filled kitchen features maple cabinetry, counter seating & abundant storage. The primary bedroom impresses with dual closets & floor-to-ceiling windows. Full bath + 3/4 bath. Downstairs, the second 3-bedroom unit offers character of its own with warm wood-paneled details, a second wood-burning fireplace & open living spaces. Fresh carpet and vinyl flooring pair with dark wood cabinetry & a built-in electric range. Turnkey, charming & ideally positioned near UW and Green Lake, this Wallingford duplex is a compelling opportunity to own a well-located Seattle multifamily property with space, parking & investment appeal.
44-unit, 2015-built multifamily investment opportunity in Seattleās Madison Valley. Madison 2.0 features a mix of SEDUs, studios, one-bedroom homes and live/work lofts with modern finishes, large windows, stainless appliances and efficient floorplans. Community amenities include a rooftop deck with city views, shared kitchen and laundry. Excellent urban location near Capitol Hill, Downtown Seattle, dining, retail, employment centers and transit. Offered at $4.5M ($102,273/unit) with a 6.34% cap rate on current operations and additional rental upside.
One of Upper Fremont's few grandfathered multi-units on a quiet residential street, this extraordinary 4-unit property stands in a category of its own. A $625,000 full gut renovation has produced something the market simply cannot replicate. Nothing comparable exists. Six bedrooms & four baths total across two 2-bed/1-bath units rebuilt to the studs with all new electrical, HVAC, A/C, gas lines, LVP floors, quartz counters, custom cabinetry, double vanities & custom tile showers. Two studios with all new baths, electric heat, cabinetry & quartz counters. Every unit has in-unit laundry washer & dryer, a separate electric meter & new window blinds. The main top floor unit is a true showpiece. A dramatic two-story entry with custom metal railings, refinished hardwood floors & a statement chandelier sets the tone immediately. The chef's kitchen is anchored by custom cabinetry, quartz counters & a gas range, all framed by a thoughtfully realigned window capturing breathtaking Mt. Rainier & downtown Seattle views. The exterior is equally impressive with new Hardie board siding, a new roof, all new windows, fresh landscaping, a fenced yard, updated masonry steps & hard-wired Ring security cameras. Four off-street parking spaces & a 10x10 storage shed complete the package. Quality product. Quality tenants. Nothing left to do. Steps to the best of Fremont's restaurants, bars, shops & coffee
Pacific Crest Real Estate is pleased to be the exclusive listing agent for Oak Springs Suites. Oak Springs Suites is an 7-unit + Office apartment community located at 709 N 95th St in Seattle's Greenwood neighborhood and is located just blocks from the Greenwood Ave N retail corridor and minutes from Green Lake, Phinney Ridge, and North Seattle College. Built in 1990, the property offers a diversified unit mix of studio, one-, two-, and three-bedroom homes with meaningful in-place rental upside. With rents trailing market 10%, and room for further rent growth through capital improvements, Oak Springs Suites presents a clear value-add opportunity for a new investor to drive NOI through lease-up of below-market units, a light capital improvement program, and ongoing operational stabilization.
The Viking apartment is a well located multi-family apartment building situated in the heart of Ballard. The Viking offers investors the opportunity to acquire a fully leased property with an in-place income stream, strong renovation upside and long-term rental growth. The Viking is a 10-unit multi-family property built in 1965. The building features 9 one bedroom, one bath units and one 2 bedrrom, 1 bath unit. Laundry room with storage lockers on the first floor. 3 carports and 3 off street parking spaces.
Crown Hill Multi-Family property (former law office) zoned NC1-55(M)! Hold as a leased income property then develop mixed use project: apartments, coop or condo w/ ground level comm (retail, office, medical) up to 16 units - Square Footage up to 41,000 and Traffic Count 18,800 - 20,000. Near Greenwood's growing urban village. Can also owner-occupy as work-live. Surrounding density is growing with new NR zoning. Current rents total $4,500. Don't miss your opportunity to own this fantastic investment opportunity and own a landmark property in the heart of Crown Hill-Ballard-Greenwood. Okay to street appraise exterior. Interior tour with advance request and verification of funding. Plan for 16 Unit apartments and ground level commercial.
Exceptional investment and house-hacking opportunity in desirable North Beacon Hill! This four-unit multifamily property offers approximately 3,390 square feet of living space on a generous, level 6,000-square-foot lot directly across from a city park. Live in one residence while renting the other three to generate income and help offset your mortgage, or lease all four units as a dedicated investment. An appealing opportunity for owner-occupants and investors alike, this versatile fourplex offers multiple income streams and long-term potential. Features include parking for four vehicles, shared laundry facilities, and additional storage, adding convenience for residents and rental appeal. The level lot and reported LR3 zoning may offer possibilities for future redevelopment or expansion, subject to city approval and buyer verification. Enjoy a central location with convenient access to downtown Seattle, the International District, neighborhood restaurants, shopping, parks, and major transportation corridors, including I-5 and I-90. Directly across from a city park, the property combines an established residential setting with excellent urban connectivity. Whether you envision living on-site while building equity, expanding your rental portfolio, or pursuing a value-add strategy, this North Beacon Hill property delivers flexibility, location, & the opportunity to create lasting value in Seattle's urban core. A rare chance to pair your own home with three rental income units.
Nestled on an idyllic street across from historic Holy Names Academy, this is a rare find in such a unique location. 75+ years of ownership provides the backdrop of a bygone era in functional craftsmanship, lasting quality details, and a genuine love for "home." Originally cast as a SFR, then crafted into a duplex in the 1920s, this is an outstanding opportunity to revitalize the home to a new vision. The current layout affords formal 2 bed/1 bath living on each level with autonomous access. Generous kitchens with ample cabinets, formal dining rooms with fireplaces, and generous amounts of natural light & Southern sun exposure. Original flooring and millwork showcase the care the home has experienced. The unfinished basement affords the possibility to expand and add a 3rd unit, subject to City of Seattle zoning and permitting. A versatile workshop is ideal for the green thumb, gardening, art studio, or other creative uses. Meticulously maintained grounds exemplify the care of the property and stewardship of this iconic setting. Mature trees, plantings, and a fenced yard are comforting the moment you arrive, with plenty of room to enjoy the outdoors. Alley carport parking. Walk to Molly Moonās, Macrina Bakery, Rocket Taco & Monsoon. Minutes from I 5, UW/Montlake & University Village. Special character, generous lot, flexible layout & sought after Capitol Hill location create an exciting opportunity to make something truly special for the next generation. for many years ahead.
We are pleased to present the Glen Ellyn Apartments, an 11-unit multifamily property located in Seattleās Ballard neighborhood. Built in 1959, the property consists of eight one-bedroom and three two-bedroom units featuring functional layouts, natural light, and natural hardwood flooring. The units remain in classic but well-maintained condition, providing a strong foundation for future renovation and modernization. The asset has also benefited from several capital improvements, including a roof replacement in 2017, replacement of the individual electrical panels in all units in 2025, and a new rear fence installed in August 2025. Property amenities include covered and off-street parking, storage units, and on-site laundry. The location provides convenient access to Ballard Community Center, QFC, National Nordic Museum, Ballard Avenue & Farmers Market, the Ballard Locks, and the Ballard Public Library, along with the neighborhoodās broader retail, dining, and recreational amenities. Current rents are approximately 13% below market, providing near-term income growth potential through future turnover and rent adjustments. Additional upside may be realized through targeted unit renovations and modernization, with renovated rents estimated at approximately 29% above current levels. Further operational upside exists through implementation of utility bill-backs, which are not currently charged, as well as the opportunity to maximize parking income.
Leschi Flats is a turnkey asset in one of Seattle's most desirable neighborhoods. The property enjoys views of Lake Washington and convenient access to nearby parks, dining, and major employers. It consists of 2 side-by-side fourplexes on individual parcels that showcase a charming vintage aesthetic, thoughtfully enhanced by a 2012 remodel. This extensive renovation included all new plumbing and electrical systems, along with fully updated kitchens, baths, and living spaces. The units offer in-unit laundry and dishwashers. Additional features include high-quality finishes such as Andersen Fibrex windows in most units, fire sprinklers throughout, and secured entry with both front and back access for each residence. The unit mix is comprised of 4 one-bed and 4 two-bed units - all designed as corner units with high ceilings and abundant natural light. Each is individually metered for water with dedicated shutoffs already in place, providing a clear path to implementing a utility bill-back system. Significant upside exists through raising rents and increasing parking / storage fees. There are 9 total parking spaces (8 off-street stalls and a large garage). Additional amenities include a BBQ area and Zen Garden, as well as owner's office and storage space. The property's LR1 (M) zoning and 14,711-SF lot size present a compelling land bank opportunity for future development. In addition, the 2 fourplexes can be financed separately with residential financing.
LOCATION, OPPORTUNITY & INCREDIBLE POTENTIAL!Rare North Beacon Hill opportunity! This 1900-era duplex sits on a 3,000 sq. ft. lot and features two 2BR/1BA units. The property was generating $3,350/month in rental income in its present condition. Needs TLC and is ready for your vision. Renovate and restore the existing duplex, update the units to improve rental potential, or explore redevelopment of the property. The lot may offer the potential to replace the existing duplex with two new side-by-side homes, subject to zoning, permits, and City of Seattle approval. Great opportunity for an investor, owner-occupant, or builder. Conveniently located near downtown Seattle, light rail, I-5, I-90, shopping, restaurants, and neighborhood amenities. Seller will not complete any work. Buyer to verify all information, development, zoning, and building possibilities with the City of Seattle.
Queen Anne Triplex 1,000 SF Units + Skyline & Water Views 1001 1st Avenue North is a beautiful mid-century triplex perched just below the top of Queen Anne Hill, one of Seattleās most coveted neighborhoods, offering walkable access to major employers, dining, shopping, the Space Needle, Seattle Center, and Climate Pledge Arena. Originally constructed in 1953, the building features wood-frame construction, stone veneer with horizontal wood siding, a torch-down roof, double-pane vinyl windows, and exterior entrances for each unit. The property features a desirable unit mix with spacious, functional layouts. Units 1 and 2 feature identical floor plans, each offering two bedrooms, one bathroom, and approximately 1,080 square feet of living space, with large living rooms, stone fireplaces, separate dining areas, and large private decks boasting sweeping views of Seattleās iconic skyline and the Puget Sound. Unit 3 is a spacious one-bedroom apartment offering approximately 840 square feet of living space. Units 2 and 3 feature hardwood flooring throughout, while Unit 1 features carpeted living areas and bedrooms. The property is separately metered for electricity, with each apartment heated by electric baseboard heating. Residents also benefit from a coin-operated laundry room, off-street parking, including a covered carport and an additional uncovered parking stall, as well as a storage locker for each unit.
Built in 2003, this multifamily property contains six units, five of which feature two-bedroom townhouse-style layouts, while the remaining unit is an oversized one-bedroom flat. Each residence benefits from in-unit laundry and private fenced patios for every unit. The building also provides five off-street parking spaces with additional street parking available. The property is located on California Avenue between the Admiral and Alaska Junctions, placing residents near West Seattle retail, dining, grocery and recreational amenities such as PCC, Trader Joeās and Whole Foods. Alki Beach, Hiawatha Park, West Seattle Golf Course and the West Seattle Bridge are nearby. Market Cap Rate: 6.31% Showing on October 7, 2026 from 11:00am-12:00pm. Please contact listing broker.
Great opportunity to own a nice cash flowing triplex. 3 2/1 units with dishwashers, washer/dryer and patio & yard spaces. Long time tenants and strong income make this one a great buy!
We are pleased to present the 10th Ave W Fourplex in Seattleās Queen Anne neighborhood. This offering presents a rare combination of immediate usability, flexible investment strategies, and future upside. Delivered vacant, the property is well suited for an owner occupant seeking to move in immediately while renovating or repositioning the remaining units over time. The property may also appeal to townhome developers evaluating the LR1 (M) zoning and 7,200 square foot lot for future redevelopment potential, subject to buyer verification. It features four individually metered residences with a unique mix of updated interiors, double pane windows offering sweeping views, and in unit washer and dryers. The units include hardwood flooring, stainless steel and white appliances, dishwashers, updated cabinetry, private deck access, and walk-in closet space. Recent improvements include a replacement water heater system completed in 2023 and electrical upgrades completed in conjunction with the water heater installation. The building also includes basement storage, seven parking spaces, and two garage spaces. With a blend of existing improvements and additional upside through continued interior modernization and operational review, the property presents investors with the opportunity to acquire a well located small multifamily asset in one of Seattleās most established rental neighborhoods
Welcome to this light-filled Wedgwood residence where classic architectural character meets modern comfort and exceptional flexibility. Hardwood floors, abundant natural light and a dramatic floor-to-ceiling stone fireplace create a warm and inviting main living space. Thoughtfully configured with a full kitchen and generous living areas on each level, the home offers remarkable versatility for multi-generational living, extended guests, work-from-home arrangements or shared ownership. Co-buyers can enjoy the benefits of purchasing together while maintaining distinct living spaces on separate floors; an appealing way to maximize purchasing power without sacrificing privacy. Currently configured as a single-family residence, the two-level layout also presents an exciting opportunity to explore conversion to a duplex, subject to City of Seattle permitting and approval. A partially finished attic space is available for storage or possible further expansion. Outside, the private yard provides a peaceful retreat with a level lawn, garden areas and dedicated spaces for outdoor dining and entertaining. A detached one-car garage adds secure parking, workshop space and valuable storage. Ideally located near beloved neighborhood restaurants, top-rated schools and everyday amenities. University Village is just a short drive away! Enjoy a rare combination of timeless style, adaptable living spaces and an exceptional Wedgwood location.
This impeccable duplex is located in a quiet, single-family home neighborhood on a cul-de-sac. This rare opportunity is move-in ready and mechanically updated. Enjoy an unbeatable location near community center, pool, parks, walking trails, bus lines and top-rated schools. This is the perfect owner-occupied property or long-term investment. Each unit is 1,430 sq ft with separate W/D, ample storage and newer appliances. Large windows fill every room with natural light. Mid-century modern design elements include sandstone fireplaces and clean architectural lines throughout. Property features include: oversized bedrooms with hardwood floors, large closets, HP Mini Splits (heat & A/C) in each unit, private deck & patio, fully fenced backyard access, and outdoor storage shed. This well-maintained duplex includes six total off street parking spaces, two spaces covered (detached carport). New hot water tanks (2) - 2026. Newer composition roof with ridge line ventilation - 2019. Call for your private showing today.
New Price! Best priced duplex within 5 miles grossing over $4000 in monthly revenue with loyal happy tenants. Enjoy owning this income-producing low-maintenance asset or house-hack your way to financial freedom by living in one of the cottages. South Park has massively transformed with attractive townhomes surrounding and walkable amazing coffee shops like Little Jaye and local eateries. Situated on a 4,500 SF LR3-zoned lot at the end of a quiet, redeveloped street, this unique property boast two independent cottages with ZERO shared walls and separate meters making utilities a breeze. The tenants love the privacy and have been there since 2022. The spacious front cottage features an open 2 Bed 1 Bath + Living Room plus free easy parking front and the rear 1-bedroom rear unit is complete with a private double driveway facing gorgeous townhomes and new driveway rolling gate. With an effective year built of 2022, the turnkey asset features updated paint, flooring, and appliances, while offering a massive future development play surrounded by new townhomes. Back Rear Cottage has brand new Washer & Dryer. Seller is executing 1031 exchange. Schedule your tour today!
WELCOME TO VILLA ICONā A RARE, FRESHLY REMODELED ALKI WATERFRONT TRIPLEX. LIVE, WORK, INVEST OR DEVELOP. Directly across from the water on iconic Alki Avenue, this exceptional property offers three distinct residencesāa studio, 1-bedroom and 2-bedroomāblending immediate income with remarkable flexibility and future potential. Two residences are currently leased, while the studio is ready to live in, welcome guests, create a private office or flex space, or generate additional rental income. Wake to sweeping Puget Sound and Olympic Mountain views, watch ferries and boats glide by, stroll the beach and waterfront path, and end the day with unforgettable Alki sunsets. Restaurants, cafĆ©s and recreation are just outside your door, with downtown Seattle minutes away. Hold as an income-producing asset, create your own Alki home base, or explore future development potential. THREE RESIDENCES. ONE ICONIC WATERFRONT ADDRESS. ENDLESS POSSIBILITIES. Buyer to verify development feasibility and intended use.
Exceptional investment opportunity in Seattleās North Queen Anne neighborhood! 163 Etruria is a 9-unit apartment building featuring spacious one-bedroom, one-bathroom residences averaging 831 square feet. Built in 1975, the property offers approximately 7,475 net rentable square feet, shared laundry facilities, and off-street parking. Ideally situated near Fremont, Seattle Pacific University, and the Fremont Cut, residents enjoy convenient access to dining, shopping, entertainment, and major employment centers. Investors have an opportunity to increase income through unit renovations, rental growth, utility reimbursements, and parking revenue. Offered at $2,395,000 with a 6.13% in-place cap rate, the property presents an opportunity to acquire a well-located multifamily asset with value-add potential.
Terrific opportunity to acquire a well-maintained triplex in a prime West Seattle location. Ā Built in 1996 and in great condition with terrific curb appeal. Ā Attractive terraced landscaping. Ā All units sit above the street for added privacy. All 3 units have been updated and are in good condition. All are spacious and have open concept floorplans. Ā Top floor unit is 2 bed/2 bath, one has 2 bed/1 bath, and one is 1 bed/1 bath, for a total of 2850 +/- sq ft of living space. Ā Each unit has a dishwasher, washer, and dryer. Ā 4 parking spaces in the alley, plus plenty of street parking out front. Excellent tenant occupancy. Ā Rents total $6405/month and are below market, creating ability to improve on current CAP rate of 4.7%. Ā Rent increase notice delivered 9/1/2026 (5%). Ā Fairmount Park neighborhood is centrally located. Morgan and Alaska junctions are nearby. Ā Close to shops, restaurants, parks, and schools. Ā Beautiful Lincoln Park and the Fauntleroy ferry are minutes away. Ā Great public transportation out front and great access to downtown Seattle. Ā Truly an ideal investment opportunity. Ā Live in one unit and rent out two or just capitalize on this amazing opportunity!
Purpose-built triplex with mid-century style and modern updates. Each unit lives like a townhome with individual exterior entry and limited shared walls. Unit 13807 is a 3 bed, 2 bath end-unit with hardwood floors, remodeled kitchen with slab granite counters and stainless steel appliances, living and dining area leading to the expansive deck overlooking the private backyard, lower level family room & attached garage. Unit 13809 enters off of the ground level to an open living and dining area with updated kitchen, 2 spacious bedrooms and a full bathroom. Unit 13811 enters from the north side of the home to a top floor 2 bed 1 bath layout. Two individual garages and driveway parking for two cars. Entertainment sized patio spans the length of the home and mature landscaping borders the perimeter providing a lovely oasis in the city. Epicenter location is a commuters dream with easy access to the light rail, bus routes and bike paths. Level shy 1/4 acre lot, approximately 80' wide by 120' deep, with LR2 zoning may provide multiple redevelopment options - buyer to verify.
Centerwood presents an exceptional opportunity to acquire a 36-unit multifamily community built in 2009, located in White Center within unincorporated King County. The property consists of three well-maintained buildings totaling approximately 27,890 rentable square feet, featuring an attractive all two-bedroom unit mix with 35 two-bedroom/two-bathroom units and one two-bedroom/one-bathroom unit. Each residence includes an in-unit washer and dryer, while the community offers 61 parking stalls. Quality construction features include fire sprinklers, copper supply lines, double-pane windows, and individual hot water tanks. Conveniently located near downtown White Center, Westwood Village, public transportation, and major employment centers. Centerwood offers investors a compelling opportunity with a 5.83% in-place cap rate and potential upside through operational improvements and light cosmetic renovations. Offered at $8,000,000.
Discover the perfect investment in this Triplex nestled in Licton Springs! Each spacious unit spans 980 sqft and features 2 bedrooms. Boasting desirable LR3 zoning, making it an ideal opportunity for owner-occupied living or investment. The lower two units feature an adjoining stairwell and could be easily combined into a single expansive living space. Enjoy roomy living areas, generous bedrooms, and cozy fireplaces throughout. The lower unit has been refreshed with new paint, carpet, and an updated bathroom. Each unit comes equipped with washers and dryers. The upper units enjoy spacious decks, perfect for relaxing outdoors. Off-street, tandem parking off the alley for 6 cars ensures easy access. Plus, you'll be just minutes from the Light Rail, Green Lake, bus lines, restaurants, and more! Immerse yourself in this private setting, and don't miss out on a unique opportunity to own this fantastic triplex.
The Iowan Apartments is a seven-unit apartment building located on the South slope of Queen Anne. The building is priced at a current 5.5% cap rate and has been extensively upgraded including a re-plumb of the building supply lines (2026), a new roof (2025), new central hot water tank (2024), double pane vinyl windows, and square D electrical panels throughout the building. The property includes seven open parking stalls accessed off the alley. The property comprises 4,870 net rentable square feet across seven units, averaging 696 square feet, with a mix of one studio, four one-bedroom units including one one-bedroom plus den, one two-bedroom, and one three-bedroom. Interior improvements completed upon natural turnover support potential monthly income of approximately $17,234, representing a 25.1% increase. The property is zoned LR3 (M) within the Uptown Urban Center, with a 2.3 FAR and a 50 foot height limit on a 5,610-square-foot lot. The existing building utilizes approximately half of the siteās maximum permitted floor area, creating meaningful future development optionality. Uptown has no residential parking minimum, providing flexibility for future redevelopment. See the Development Optionality section for additional details. Located two blocks north of Seattle Center, the property offers immediate access to Climate Pledge Arena, the Space Needle, Seattle Center Monorail, and the surrounding Uptown amenity base.
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Seattle is located in Washington. Seattle, Washington has a population of 726,054. Seattle is less family-centric than the surrounding county with 31.72% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Seattle, Washington is $105,391. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Seattle is 35.3 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 37 degrees. The average rainfall is approximately 38 inches per year, with 4.6 inches of snow per year.