Courtesy: eXp Realty
888-317-5197
Adisu Fanta
Well-maintained duplex in the Beacon Hill/Jefferson Park area, featuring two 1,270 sq ft units on an 8,617 sq ft lot. Built in 1948, the property has been recently updated with a full roof replacement, plus interior refreshes to one unit including new paint, cabinet repairs, and fixture updates. Both units are currently occupied, generating combined rental income of roughly $4,000/month from day one. Zoned LR2, offering added flexibility for future value-add or redevelopment. Conveniently located with easy access to Downtown Seattle, Sea-Tac Airport, I-5, public transit, schools, Jefferson Park, shopping, and dining.
Courtesy: Pacific Crest
206-812-9150
Alan Wileman
Well-maintained three-unit triplex in Lake City, one of Seattle's most culturally diverse and affordable neighborhoods. With a Walk Score of 81, tenants enjoy immediate access to a vibrant international food scene, neighborhood retail, convenient transit, and outdoor recreation at Matthews Beach Park and Jackson Park Golf Course—all with genuine community character and pricing that avoids the premium associated with western Seattle enclaves. Composite annual rent potential reaches $93,420 post-growth, plus storage ancillary income. Multiple value-add opportunities—in-unit laundry capex, conversion optionality, and storage monetization—provide seasoned investors with flexible exit strategies. An ideal entry point for first-time multifamily buyers seeking Seattle exposure or portfolio investors looking to add proven assets in an undervalued, high-demand neighborhood.
Courtesy: Windermere RE Greenwood
206-527-5250
Matthew Skeel
Born in 1909, this 4,400 square foot Old Grand Dame sits majestically above the street, one block from Green Lake's beloved 2.8-mile loop, three blocks from the charming Tangle town business district, & at the heart of Seattle's most coveted trifecta: Green Lake, Tangle town & Wallingford. Rare, storied, & alive with possibility. Originally built as a live-in boarding house, this turn-of-the-century treasure spans Woodlawn to Meridian w/ views out to the lake & the kind of bones that make architects & dreamers go quiet. High ceilings on every floor, box-beam ceiling details, classic fixtures & finishes, two full kitchens & an oversized three-car garage/shop space. Whether you envision a grand single-family restoration, a boutique bed-&-breakfast, a co-housing sanctuary, multigenerational living, or a savvy legal duplex income property, this open palette awaits your vision. Six to seven bedrooms (though 2-3 presently non-conforming), three baths & LR1 RC(M) zoning, unlocks multi-family as well as residential commercial potential & puts multiple possibilities, firmly in your hands. Step outside & the neighborhood does the rest; two PCC Markets, Whole Foods, boutique fitness studios, beloved local restaurants & bars, w/ the energy of Phinney Ridge, Maple Leaf, Fremont, Greenwood, Wallingford & the university, just blocks away. Walk Score 81, Bike Score 87, & ten minutes to Downtown. If you've ever dreamed of breathing new life into something truly one of a kind.
Courtesy: Prolink Realty, LLC
425-233-8906
Grace Lin
Pinecrest Apartments is a rare 4-unit investment opportunity in Seattle's University District/Sand Point corridor. The property consists of four separately titled condominium units, each with a 25% undivided interest, creating flexibility for investors seeking a single asset with future individual unit disposition potential. The building features four spacious 2-bedroom, 1-bath residences ranging from 835-859 SF. Functional floor plans may offer potential for a 3-bedroom configuration, subject to buyer verification. Each unit includes individually metered water, off-street parking, a private deck, and garden space. Shared basement amenities include a laundry room and storage area. Ideally located directly across from Seattle Children's Hospital and within walking distance of University Village, the Burke-Gilman Trail, transit, shopping, dining, and major employment centers. A well-maintained investment offering long-term upside in one of Seattle's most desirable rental markets. Existing features include individually metered water, private outdoor spaces, shared laundry, storage lockers, and off-street parking
Courtesy: Coldwell Banker Bain
425-602-4150
Debra Hamilton
Prime Ballard Investment Opportunity! This spacious triplex offers exceptional flexibility for investors or owner-occupants seeking rental income in one of Seattle's most desirable neighborhoods. Each residence offers character, functionality, and a thoughtful floor plan, with cozy fireplaces adding warmth and charm to two units. The updated upper front unit (827) features two bedrooms and one bathroom and includes a garage. The upper back unit (829) offers a spacious three-bedroom, two-bathroom layout with a cozy fireplace, deck/balcony, and also includes a garage. The lower-level back unit (829B) features two bedrooms, one bathroom, a wood-burning fireplace in the living room, and a dedicated den/home office—ideal for working from home or additional flex space. Newer water heaters for all three units are conveniently located in the shared laundry room with newer washing machine. A lovely backyard provides additional outdoor space for residents to relax and enjoy. With two units currently vacant and available for showings, this property presents an excellent opportunity to occupy one unit, maximize rental income, or add a strong asset to your investment portfolio. Long or Short term rentals. Please do not disturb the tenant in the upper back unit (#829). An exceptional opportunity to own a multi-unit property in the heart of Ballard. Buyer to verify all information to their satisfaction.
Courtesy: Kidder Mathews
360-705-2800
Daniel Swanson
A garden style 17-unit community located ±2 miles from Downtown Burien and ±7 miles from Downtown Seattle. Immediate access to the RapidRide H Line connecting to Downtown Seattle and shopping, dining, and grocery. The property spans 5 buildings constructed between 1954-1979 (most units 1979) on a single parcel. Mostly 2-bed units (5 with extra 1/2 baths) plus a studio, 2 one-beds, and 2 three-beds with either 1.5 or 2 baths. 8 units have in-unit laundry, several have townhome layouts, and most have private yards. Units average 896 SF. Off-street parking lot. Average tenant tenure is 7+ years even after a 25% gross rent increase. Value-Add Options: Raise rents to market, use yard for storage and/or parking income, add bedrooms to a couple existing units, convert garage to ADU, develop an additional building, or redevelop full parcel under R4 zoning. (Buyer to verify feasibility of all development options.) Priced at less than $235,000 per unit, under $260 per square foot, and at $62 per square foot of land, the offering represents a below-replacement-cost basis for a well-located, high-upside multifamily asset in a designated Regional Growth Center.
Courtesy: Westlake Associates, Inc.
206-505-9400
Reid Jones
The Portage Bay Plaza located at 3261 Fuhrman Ave E, presents a rare opportunity to invest in the extremely well-located north end of Portage Bay between the Eastlake and Montlake neighborhoods. The property offers large floor plans with a mix of seven 1-bedroom / 1-bath units and two 2-bedroom / 1.5-bath units, plus ample off-street parking. Wood-frame construction with a well-maintained brick exterior gives the building genuine mid-century character, while private decks with views of the Bay set it apart from typical residences in the neighbor-hood. Sitting on a large 9,220 SF parcel zoned LR3 (M), the property also carries long-term redevelopment optionality for townhomes or a larger apartment project. Current ownership has well maintained the property with meaningful recent capital improvements, while a new owner has an attractive opportunity to increase income by bringing on professional management and completing interior renovations. The majority of units feature hardwood or LVP flooring, with recent upgrades including updated cabinetry, quartz countertops, stainless-steel appliances, and mod-ern lighting. This leaves a clear and straightforward path to increasing value: finish the renovation program in the units that have not yet been updated, push parking income toward market, and add in-unit laundry to more units, which ownership has already proven out by converting one unit during their hold.
Courtesy: Westlake Associates, Inc.
206-505-9400
Reid Jones
Boutique 6-unit apartment building in Capitol Hill featuring a desirable mix of studio, 1- and 2-bedroom units. On-site laundry and storage space, with added potential to convert space for in-unit washer/dryer installations in additional units. Copper, PVC and Galvanized Plumbing. All electrical panels in units and main panel replaced in April 2025. Value add potential with 18%+ upside in rental income. Fantastic Capitol Hill location in a desirable neighborhood, close to Link Light Rail Station, Volunteer Park, retail and restaurants, errands and groceries.
Courtesy: Lumin Brokers of Washington
855-586-4692
Rich Kim
Well positioned between Downtown Seattle and Lake Washington, Hill Town Apartments boasts a “Walker’s Paradise” Walk Score of 94, placing residents steps from the Central District's restaurants, coffee shops, parks, and entertainment. The 12-unit community is evenly split between one- and two-bedroom homes, averaging 733 square feet, with every unit featuring a private deck and spacious layout. On-site parking totals 12 spaces, of which 6 are covered and 6 is off-street. The property has been well-maintained with updated electrical panels and dual-pane windows throughout. Select units feature upgraded flooring, bathrooms, and kitchens, reducing near-term capex exposure for a new owner. In-place rents average $2.24/SF, offering likely upside as unit renovations continue and turnover allows repositioning toward market rates. Offered at just over $208,000 per unit and $284 per square foot, Hill Town Apartments presents an opportunity to acquire a well-located, value-add asset in one of Seattle's most connected in-city neighborhoods.
Courtesy: KW Everett
425-212-2007
Victor Karpenko
Rebuilt to the studs in 2025 — two separate units, one address. Unit A is a 4-bedroom, 3-bath main residence featuring open-concept living, a chef’s kitchen, warm modern finishes throughout, a private garage, and a deck off the main living area for easy indoor/outdoor flow. Upstairs, a flexible loft offers space for a home office, media room, or second lounge. Unit B is a fully self-contained 1-bedroom residence with its own private entry and complete separation from the main home — ideal for guests, extended household, or potential rental income. Combined, Units A & B total approximately 4,608 sq ft on a 17,614 sq ft condominium site, with common and limited common elements as shown on the condo map. Unit C, a separate vacant land unit, may also be available for purchase, creating additional potential for future expansion. Plans and permits are available in the supplements. Rainier View is positioned on the hillside above the valley, offering convenient access to Kubota Garden, the Rainier Ave S & S Henderson corridor, Rainier Beach light rail, shopping, dining, and major commuter routes. A unique opportunity for flexible living, multigenerational use, or added income potential. Buyer to verify all information.
Courtesy: Skyline Properties, Inc.
425-455-2065
Michael Fladseth
Turnkey 4-plex Investment in Seattle. Features 4 spacious units w/functional layouts. 3 units w/2 bed, 1 full bath and 1 unit w/1 bed, 1 full bath. Recently remodeled units including, kitchens, bathrooms, windows, doors, floors, SS appliances and hot water heaters. Newer roof, recently painted exterior, interior and updated plumbing. Dedicated parking spots for each unit + visitor parking. Remodeled coin operated laundry room brings in additional income. The building's thoughtful layout ensures plenty of natural light. Quiet neighborhood offers accessibility to everything in the city. A short walk to Duwamish River Waterfront Park, residents enjoy scenic river views & walking trails. Walk to popular restaurants, providing easy access to dining & entertainment. Near Alki Beach, DT Seattle, Tech companies, Costco, SeaTac Airport, HWY 99, I-5, Boeing, shopping malls, restaurants, parks, schools and light rail. A solid Cash-flowing property for Investors, owner-occupied buyer, VA or a 1031 exchange.
Courtesy: Best Choice Realty LLC
206-886-3986
Yvette Sanchez
Rare opportunity to own a fully remodeled waterfront home with 60 ft of shoreline on Bitter Lake. Perfectly positioned as the last home on the street, this exceptional property enjoys only one neighboring residence with a park bordering the side, creating a uniquely private setting rarely found on Seattle waterfront. Inside, 2,040 sq ft of beautifully reimagined living space showcases luxury finishes, an open-concept design, and dramatic accordion doors that seamlessly connect the interior to the expansive lakefront deck. Designed with exceptional flexibility, the home can function as an expansive 4-bedroom, 4-bath residence or be configured to accommodate multiple independent living spaces with up to three potential rental opportunities (buyer to verify permitted uses). A second kitchen further enhances the home’s versatility for multi-generational living, guests, or income potential. Enjoy both a waterfront deck and patio overlooking the lake. Just steps from the adjacent Bitter Lake community center featuring tennis courts, pickleball, fitness facilities, arts and crafts, dance classes, and other recreational programs. Combining luxury finishes, unmatched flexibility, and a premier waterfront setting with only one neighboring home, this is a rare offering on Bitter Lake. Close to Inter Urban Trail, shopping and amenities, Welcome Home!
Courtesy: Kelly Right RE of Seattle LLC
206-525-5235
Patrick Rogers
Rare Investment opportunity in HIGHLY SOUGHT AFTER Green Lake! All units leased on Annual Terms, tenants pay utilities, no HOA. Green Home, divided into 6 units. Each unit has 2 bedrooms, 2.5 baths, Individual 1 car GARAGE, Washer/dryer in unit, fully fenced patio with roof top deck offering amazing views of Seattle Downtown and beautiful Mt Rainier. Open floor plan with gourmet kitchen, SS appliances, steam shower, AC Mini-splits. Walking distance from Restaurants, parks, schools, and much more! Addresses are 1400,1402,1404,1406,1408,1410. Each unit has a separate tax parcel. Rents are below market value.
Courtesy: Windermere RE Greenwood
206-527-5250
Matthew Skeel
Born in 1909, this 4,400 square foot Old Grand Dame sits majestically above the street, one block from Green Lake's beloved 2.8-mile loop, three blocks from the charming Tangle town business district, & at the heart of Seattle's most coveted trifecta: Green Lake, Tangle town & Wallingford. Rare, storied, & alive with possibility. Originally built as a live-in boarding house, this turn-of-the-century treasure spans Woodlawn to Meridian w/ views out to the lake & the kind of bones that make architects & dreamers go quiet. High ceilings on every floor, box-beam ceiling details, classic fixtures & finishes, two full kitchens & an oversized three-car garage/shop space. Whether you envision a grand single-family restoration, a boutique bed-&-breakfast, a co-housing sanctuary, multigenerational living, or a savvy legal duplex income property, this open palette awaits your vision. Six to seven bedrooms (though 2-3 presently non-conforming), three baths & LR1 RC(M) zoning, unlocks multi-family as well as residential commercial potential & puts multiple possibilities, firmly in your hands. Step outside & the neighborhood does the rest; two PCC Markets, Whole Foods, boutique fitness studios, beloved local restaurants & bars, w/ the energy of Phinney Ridge, Maple Leaf, Fremont, Greenwood, Wallingford & the university, just blocks away. Walk Score 81, Bike Score 87, & ten minutes to Downtown. If you've ever dreamed of breathing new life into something truly one of a kind.
Courtesy: John L. Scott, Inc
425-227-9200
Rochon Bhattacharya
Exceptional opportunity to acquire a Seattle development site with an advanced permit package for 8 modern townhomes. The project includes plans for two 4-unit buildings with a future unit lot subdivision, offering a significant head start for builders and developers. Extensive architectural, civil, structural, landscape, and utility work has already been completed, with an issued demolition permit and development documents available for buyer review. Located in the desirable Mount Baker neighborhood, just minutes from Light Rail, Downtown Seattle, Lake Washington, parks, restaurants, and major commuter routes. Existing home is sold as-is. Buyer to verify all plans, permits, approvals, unit count, and development potential to their own satisfaction.
Courtesy: Windermere Bellevue Commons
425-462-8000
Janice Cai
Exceptional investment opportunity just minutes from Green Lake. This well-maintained 11-unit apartment building features a desirable unit mix of nine studios and two one-bedroom units. Professional management is already in place and available to continue operations, offering a seamless transition for a passive investor. The property is zoned LR3 (RC), providing attractive future development potential. Amenities include off-street parking, storage lockers, coin-operated laundry, and individual water heaters for each unit, all replaced in 2023. Five of the eleven units have been remodeled. Ideally located within walking distance of the Roosevelt Light Rail Station, and the Green Lake Park & Ride, ,Convenient access to downtown Seattle, shopping, dining and recreation. A rare opportunity for the move-up investor seeking stable income today and long-term growth potential tomorrow.
Courtesy: Paragon Real Estate Advisors
206-623-8880
Nick Hemming
Henderson Arms Apartments, a value-add multifamily property located in the Rainier Beach neighborhood of Seattle’s Rainier Valley submarket. The property presents a compelling opportunity for investors seeking stable in-place income, value-add upside, and long-term ownership in a high demand and supply-constrained rental corridor. Henderson Arms Apartments is comprised of a desirable mix of 33-1bed/1bath and 6-2bed/1bth units. The units consist of a blend of updated and classic finishes, offering immediate rental appeal with clear upside through strategic renovations. Building features include double-pane windows, secured entry, private balconies, ample storage and common-area laundry facilities. The property also presents the potential for additional unit development with a largely unutilized full height basement, providing an attractive path to increase density and future income. Off-street parking and a well-maintained residential setting further enhance tenant appeal and retention. Situated in a strong Seattle rental market, Henderson Arms benefits from convenient access to major transit routes, neighborhood retail, parks, and employment centers throughout Downtown Seattle, Columbia City, and the broader I-5 corridor. The surrounding area continues to experience steady renter demand driven by affordability constraints and proximity to regional job hubs
Courtesy: John L. Scott, Inc.
425-744-5300
Linda Dorgan
ALKI BEACH Capturing the Pacific Northwest Lifestyle at Its Finest A rare opportunity to own one of Alki Beach's iconic historic brick apartment buildings, where timeless architecture meets one of Seattle's most sought-after waterfront locations. Built in 1928, this architectural gem showcases beautifully crafted masonry, rich period details, and exceptional craftsmanship that simply cannot be replicated today. It has stood as part of Alki's identity for nearly a century. Positioned directly across from Alki Beach, residents enjoy unobstructed views of Puget Sound, the Olympic Mountains, breathtaking sunsets, and the ever-changing beauty of the Pacific Northwest. Watch Washington State ferries cross Elliott Bay, sailboats glide along the shoreline, and commercial vessels navigate one of the world's most scenic waterways, all from home. Just outside the front door, experience the best of Alki's vibrant beach community. Walk to popular restaurants, cafés, and waterfront attractions, or enjoy miles of sandy shoreline. The 2.5-mile Alki Trail is perfect for walking, jogging, biking, rollerblading, or taking in spectacular evening sunsets. Spend summer evenings gathered around the beach fire pits, launch a paddleboard or kayak, or simply relax while enjoying the sights and sounds of Seattle's most beloved waterfront. This is more than an investment. It is an opportunity to own a landmark property in one of the city's most iconic and enduring neighborhoods.
Courtesy: Real Broker LLC
855-450-0442
David Pichler
This is a rare opportunity to own a home conveniently located just minutes from downtown Seattle, offering convenient access to the SeaTac Airport, the light rail, major highways, offering strong rental appeal while still being privately tucked away. Unit 2717 is a 2 bed/1bath fully remodeled unit, currently vacant. Unit 2719 is a two story 3bed/2bath with a master bedroom with private bath, cozy kitchen and large living room area with tons of natural light. Each unit is equipped with its own parking, electric meters and laundry rooms for added convenience! Excellent opportunity to live in one side and rent out the other, come see this incredible duplex that works equally well for owner occupants and investors!
Courtesy: Westlake Associates, Inc.
206-505-9400
Travis Kannier
Empire Flats is a fully renovated 9-unit building conveniently located blocks from Mt Baker Light Rail Station. This is an excellent opportunity for an investor as most of the renovations have been completed and the buyer simply needs to raise rent/income. Comparable rents nearby show that there is room to raise rents significantly without additional upgrades. Empire Flats has spacious units that have been updated throughout with new cabinetry, quartz counters, and stainless appliances. The modernized apartments also have desirable LVP flooring and in-unit laundry. The low maintenance building has a newer roof and exterior paint. There are plans to covert the existing laundry area to a 10th unit (buyer to verify).
Courtesy: Westlake Associates, Inc.
206-505-9400
Travis Kannier
Built in 1967 and renovated in 2019/2020, the Quaker Court is a 10-unit apartment building located in the Mt. Baker neighborhood. This convenient, urban location is just blocks from Mt. Baker Station, several recreational parks, restaurants, and schools. The systems throughout the building that have been updated include the following: washer/dryer, quartz counters, LVP flooring, stainless appliances, new decks, freshy painted exterior and common areas with new carpet. This is a value-add opportunity from a management perspective, as all the heavy lifting has been completed; just need to raise the income.
Courtesy: Kidder Mathews
360-705-2800
Max Frame
Kidder Mathews is pleased to present Naomi & Charmaine, a 39-unit vintage apartment community located at 625–627 4th Avenue W in Seattle’s highly desirable Lower Queen Anne neighborhood. The offering consists of two classic brick buildings constructed in 1929 and 1930, featuring hardwood floors, built-in cabinetry, and timeless architectural details. The unit mix includes 32 studios and seven one-bedroom units, with 31 classic units providing a clear renovation and rent-growth opportunity. The property totals approximately 19,610 rentable square feet and includes shared laundry and 10 off-street parking stalls. Recent improvements include tuck-pointed masonry, re-caulked double-pane windows, TPO membrane roofs, breaker-panel electrical systems, updated plumbing, and central hot water. Residents benefit from a walkable location near Seattle Center, Climate Pledge Arena, grocery stores, restaurants, entertainment, Downtown Seattle, and South Lake Union employment centers. Naomi & Charmaine offers investors attractive scale, irreplaceable vintage character, and meaningful value-add upside in one of Seattle’s most established rental markets.
Courtesy: Real Broker LLC
855-450-0442
Chris Schniegenberg
Unmatched flexibility and prime growth potential converge at this rare corner-lot opportunity in one of Seattle’s most rapidly expanding neighborhoods. Developers, don't miss out on the only available lot in this rapid growth area. Currently featuring a fully functioning, cash-flowing duplex set on a sprawling, level yard, this property allows you to buy and hold for immediate rental income while holding a prized canvas for high-density future development. Zoned **MIO-37-LR3 (M)**—combining highly permissive Lowrise 3 capacity with a 37-foot Major Institution Overlay height limit and MHA framework—the lot provides exceptional structural envelope advantages and flexible layout options. Take full advantage of Seattle’s progressive urban planning codes and streamlined middle-housing provisions to construct townhomes, rowhouses, or a modern multi-unit residential project in a high-demand, transit-rich corridor. Rent lower unit $2,600 Rent forecast upper unit $3,500 Also We did the math for you using Ai below: Target Unit Yield: On a 3,000 sq ft parcel in LR3, developers typically yield 3 townhomes (approx. 1,800–2,000 sq ft each) or 6 to 8 micro-apartments/flats, depending on core efficiency and circulation space. MIO-37 Structural Fit: The 37-foot Major Institution Overlay height limit easily accommodates a clean 3-story frame (approx. 10–11 ft floor-to-floor) with room for flat roof decks or parapets
Courtesy: Realogics Sotheby's Int'l Rlty
206-538-0730
Demetre Skepetaris
Fantastic opportunity to own a well-located fourplex in Seattle’s desirable Magnolia neighborhood. Three units are currently leased, while Unit 3 is intentionally being held vacant to provide easy access for showings and flexibility for the next owner. Ownership has historically prioritized stable, long-term tenancies and limited turnover, resulting in several rents remaining on the lower end and offering potential for future income growth. The property includes four dedicated off-street parking stalls—one for each unit—on-site laundry and a shared backyard area. Zoned LR3(M), the property may also offer long-term redevelopment or value-add possibilities, subject to buyer verification and applicable City of Seattle requirements. Conveniently located near Magnolia Village, Discovery Park, Queen Anne, Ballard and Downtown Seattle, with easy access to neighborhood shops, restaurants, parks, transit and major employment centers. An appealing opportunity for an investor or owner-occupant seeking established rental income, immediate leasing flexibility and long-term potential in one of Seattle’s most established neighborhoods. Please do not disturb tenants.
Courtesy: Lotside
425-441-3180
Nicholas Riddell
Prime Green Lake location just one block from the lake! This fully occupied five-unit property includes two buildings situated on a single tax parcel, offering a total of approximately 3,275 square feet of living space. The west building is a 3-bedroom, 1-bath home with approximately 1,280 square feet, while the east building consists of four 1-bedroom units. The units feature open floor plans and abundant natural light. Property improvements include updated roofs, siding, windows, exterior paint, and electrical systems. Unit #2 was recently remodeled. Additional features include separately metered electrical service, coin-operated laundry, and on-site storage units. With a historically low vacancy rate, strong rental demand, and opportunities to increase income, this property presents an attractive investment opportunity. LR3 zoning may provide additional development potential. Current cap rate: 6.15%.
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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.
