Courtesy: Pacific Dream Home Realty
206-619-6647
Linh Alan Nguyen
This property is on LR3 zone with 6,000 sqft. It includes a triplex with 3 rental units and a backyard land. It's a rare LR3 development opportunity in Seattle’s growing South Park neighborhood with an existing triplex generating income while future redevelopment plans are explored. Potential options may include retaining existing structure with additional rear townhouse/condo development or full site redevelopment for higher-density townhome project , up to 8 townhomes (buyer to verify). Excellent opportunity for builders, developers, and long-term investors. Convenient access to Downtown Seattle, Georgetown, Boeing Field, Hwy 99 & I-5.
Courtesy: Paragon Real Estate Advisors
206-623-8880
Will Douglas
The Harrison Apartments, a rare investment opportunity in the heart of South Lake Union, is being offered for the first time in over three decades. Situated on a 7,200 SF corner lot with alley access, this 12-unit property has a historically low vacancy rate and the building provides immediate value-add potential with rents currently ~40% below market and additional upside through renovations. The mix includes ten 1BR/1BA units (approx. 700 SF) and two 2BR/1BA units (approx. 850 SF), with 5 units partially updated. Zoned SM-SLU 85-280, the site offers significant redevelopment potential, with preliminary estimates supporting up to 55 units (buyer to verify).
Courtesy: Lake & Company
206-527-1777
Shannon Honingford
Classic craftsman meets 4 plex and a 3 car garage! Income property or redevelopment property....you choose. 4 units of 500 sq ft . 1 bed 1bath. Zoned RSL(M) Turn-Key Investment with Excellent Cash Flow. 2 units STR and 2 LTR. This historic 1901 Craftsman offers a rare, turn-key opportunity for savvy investors in the heart of Seattle’s South Park neighborhood. Well maintained and boasting a strong tenant history, this property is designed for immediate cash flow and long-term value. : Approximately 2,600 sq. ft. of interior space across a well-designed 4-unit layout. Craftsman charm with convenient location, featuring wood exterior finishes and a durable composition roof. Ample Parking: Rare for the area, this property includes 6 total parking spaces (3 covered and 3 uncovered). Currently cash-flowing with an excellent track record of high occupancy. Corner Lot Appeal: The property sits on a 6,000 sq. ft. corner lot with alley access, offering extra privacy.
Courtesy: Windermere RE Magnolia
206-284-8989
Russell Katz
Ideal Investment in Seattle's vibrant University/Roosevelt District. Perfect for owners or investors targeting strong rental demand. Both units are currently occupied, total rents are $5,000/month. Main unit has 4 beds (3 upstairs) with large living room with fireplace and full kitchen with peninsula/breakfast bar seating. Lower unit is 1 bed/1bath with its own laundry and separate entrance and yard/garden space off alley. There's also parking for multiple vehicles off alley. New exterior paint and interior condition is typical for area. Enjoy immediate cash flow with this property as it's suited for both long-term leases or short-term rentals. Stroll to UW campus and the Ave shops. Easy access to multiple Seattle neighborhoods and SLU/downtown too with Link Light Rail and I-5. This area attracts those seeking active lifestyles, transit connectivity, and proximity to major employment centers. Continued neighborhood growth support long-term rental stability and occupancy. This is a home run option to start a real estate portfolio or add to your existing holdings.
Courtesy: Windermere RE West Campus Inc
253-838-7900
Bret Lane
Grand Eastlake Craftsman-Styled Triplex with amazing Lake Union, Mountains, Space Needle, and downtown views! Three complete distinct sizeable homes, each on individual floors! This Architectural Gem has been refurbished and restored over the course of time. Porte-cochere covered entrance, period foyer, all lead to expansive grand living and dining rooms. Classic Craftsman era styled coved ceilings, crown molding, artistic finishes, hardware, light fixtures, polished hardwood floors, all fill the main rooms of this impressive property. Additionally brick mantled fireplaces with decorative timber finish occupy 2 of the units living rooms. Up-to-date modernized kitchens in each unit with newer appliances, and eating bar for 2. Light and bright family room and/or sun room. Each bedroom is oversized, good closet space, and plenty of light. Additionally each unit has 2-upgraded-bathrooms, each of different designs. Private viewing decks off of each home. Parking includes separate/private garage (2-cars), plus 3-uncovered spaces, total 5-cars. Washer/Dryer in Primary unit. Storage rm/bike room. MIDRISE ZONED PROPERTY(MR). Offers greater density, 6-8 stories high, potential 180 degree views of Lake Union, Space Needle, Downtown/Olympic Mtns.
Courtesy: HomeSmart Real Estate Assoc
206-523-7653
Brittany Hughes
Rare and well-maintained Magnolia duplex offering flexibility for investors, owner-occupants, or multi-generational living. Ideal house hack—live in one unit and rent the other. Each unit features 2 beds, 1 bath, and approx. 890 sq ft/unit. Property includes a beautifully maintained garden, remodeled fencing, and fresh interior paint. Located on a residential street near Magnolia Village, Discovery Park, cafés, restaurants, parks, and waterfront recreation, with easy access to downtown Seattle and major commuter routes. Strong long-term rental potential in a supply-constrained neighborhood. Projected market rents $2,100–$2,700 per unit offer upside from below-market rents, strong cash flow potential, and long-term appreciation. Pre-inspection available upon request.
Courtesy: Westlake Associates, Inc.
206-505-9400
Curran Hagstrom
Built in 1960, The Bayview consists of 27 well-maintained units featuring a mix of studios, one-bedroom, and two-bedroom apartments. Each unit offers hardwood floors, large windows, and updated appliances. The property includes common laundry facilities, secured tenant storage, and ample on-site parking on the east side of the building. The adjacent property at 2233 NE 46th Street is for sale, as a Portfolio Opportunity totaling 47 units, see listing MLS#2523446.
Courtesy: Westlake Associates, Inc.
206-505-9400
Curran Hagstrom
Constructed in 2016, Bayview West offers a modern living experience with 20 units comprising studios, one-bedroom, and two-bedroom apartments. These upscale units boast sleek finishes, urban layouts, easy-care plank flooring, stainless steel appliances, large windows, in-unit washer and dryers, and patios in select units. The adjacent property at 2233 NE 46th Street is for sale, as a Portfolio Opportunity totaling 47 units, see listing MLS#
Courtesy: Coldwell Banker Bain
206-322-8711
Chris Sudore
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.
Courtesy: eXp Realty
888-421-2531
Velia Sierra
Fully occupied, income-producing Seattle triplex delivering immediate cash flow with stable rents already in place and a clear path to higher returns. This well-maintained asset features one-year leases with reliable tenants, providing predictable in-place income and stable occupancy from day one. A future utility restructuring creates a realistic opportunity to improve operations and increase returns, with the property currently operating at a 4.35% cap rate and the potential to reach an estimated 6.63% pro forma cap rate at the current list price. Ask for the Investment Snapshot. Ideally located in the desirable Rainier Valley corridor between Hillman City and Brighton, the property offers quick access to Rainier Ave S, I-5, I-90, public transit, cafés, parks, schools, and major employment centers. This turnkey investment is ideal for local, out-of-area, or 1031 exchange buyers seeking a well-leased Seattle multifamily asset with immediate revenue, long-term appreciation potential, and a visible NOI growth strategy. Buyer to comply with all Washington and Seattle tenant-protection laws and honor existing leases. Financials, rent roll, and maintenance history available upon request.
Courtesy: Keller Williams Greater Seattl
206-632-2636
Stacey Brower
Classic 1926 Mediterranean style home filled with original charm! Rare opportunity for flexibility and long-term investment potential. The upper level features 2 bedrooms and 1 bath with original hardwood floors, beautiful built-ins with leaded glass detail, abundant natural light, and a wood burning fireplace with coveted original tile surround. The lower level has tons of options and could be a completely separate unit. It includes 2 bedrooms, 1 bath, with its own living space and kitchen, creating excellent flexibility for rental income, roommates or guest space. Off-street parking located behind the home adds valuable convenience. Prime location just minutes to the University of Washington, University Village, Burke-Gilman Trail, dining, and light rail access. Excellent opportunity for investors, UW housing buyers, or owner occupants seeking long-term appreciation in one of Seattle’s most desirable neighborhoods.
Courtesy: Alchemy Real Estate
206-633-3900
Michael Carnovale
Tucked in the heart of Crown Hill, this rare END UNIT corner townhome by Sage Homes NW delivers what most Ballard homes can't — light on three sides, a covered garage, rooftop views of Rainier, the Cascades & Olympics, and extraordinary flexibility across 1,939 sq ft. The main level draws you in with hardwood floors, soaring 10-12 ft ceilings & an open layout built for entertaining. Upstairs: primary suite w/ spa bath, rain shower & dual-access walk-in closet. The ground floor changes everything — a 600 sq ft studio w/ its own street entrance, keypad, full bath, kitchenette & independent A/C. Use it as a home office, creative studio, guest retreat or 3rd bedroom. See details on ther rental history. Built 2016, energy-efficient construction: tankless water heater, ductless mini-split A/C — low utility costs year-round. Quantum Fiber all floors + rooftop, $75/mo HOA. 5-minute walk to Met Market, Whittier Elementary 9/10, Loyal Heights, RapidRide D Line & Golden Gardens Beach. See MLS # for rental history.
Courtesy: Berkshire Hathaway HS NW
425-453-9100
Martin Ho
Exceptional Ballard duplex investment opportunity in one of Seattle’s most sought-after neighborhoods. Originally built in 1900 and thoughtfully renovated, this property blends historic character with modern upgrades, offering a unique combination of charm, functionality, and long-term value. Located in the heart of Ballard, residents enjoy a highly walkable lifestyle with easy access to restaurants, coffee shops, breweries, grocery stores, parks, public transit, and neighborhood amenities. The property features two well-designed units, including a spacious 4-bedroom, 3-bath upper residence and a 2-bedroom, 1-bath lower unit, creating multiple income-producing opportunities. Ideal for investors seeking strong rental demand, house hackers looking to offset their mortgage with rental income, or owner-occupants wanting a multigenerational living arrangement. LR2-RC zoning provides valuable flexibility for both residential and commercial uses, enhancing future redevelopment and appreciation potential. This low-maintenance Seattle duplex offers an attractive combination of current cash flow, long-term equity growth, and investment versatility in a prime Ballard location. Conveniently located near Downtown Ballard, Golden Gardens, major employment centers, and transit routes, this is a rare opportunity to acquire a renovated multifamily property in one of Seattle’s strongest rental markets. Please do not disturb tenants.
Courtesy: Northmarq Multifamily, Llc
952-356-0100
Steven Fischer
We are pleased to present Bella Marie, a fully occupied six-unit multifamily property with ground-floor retail located in Phinney Ridge, one of Seattle’s most desirable residential neighborhoods. The property consists of two buildings. The main building, constructed in 1950, houses three one-bedroom apartments, a two-story three-bedroom/two-bath penthouse residence with a private rooftop deck overlooking Green Lake, and ground-floor retail along Phinney Ave. A detached one-bedroom townhome, built in 2004, is positioned above three covered parking spaces, providing added privacy and a distinct rental experience. The main building has been fully rewired with newer electrical panels, and all windows have been updated to double-pane vinyl throughout. Offered at a 5.95% in-place capitalization rate with additional upside to market rents, the asset combines stabilized cash flow with an irreplaceable Phinney Ridge location — convenient to Downtown Seattle, South Lake Union, Fremont, and Green Lake, with strong neighborhood walkability and proximity to Woodland Park Zoo.
Courtesy: KW Mountains to Sound Realty
253-220-8371
Julius Tiangson
Prime investment opportunity in the heart of Georgetown, Seattle! This duplex offers two 2-bedroom, 1-bath units totaling 1,440 square feet, with each unit spanning 720 square feet and designed for practical, income-producing living. Built in 1985 and fully fenced, this property is well-suited for investors seeking stable cash flow with upside potential. Each unit includes essential appliances for tenant use. Unit 1 features an oven, refrigerator, washer, and dryer. Unit 2 includes an oven, refrigerator, dishwasher, washer, and dryer. Zoned LR2(M); value in land. One unit offers a value-add opportunity through cosmetic updates, giving investors the ability to increase rents and build equity over time. Located in the sought-after Georgetown neighborhood with strong rental demand, proximity to major employment hubs, and easy access to downtown Seattle and key commuter routes, this property checks key boxes for long-term portfolio growth. Solid income now with room to improve. Don’t miss this value-add multifamily opportunity in a high-demand Seattle market.
Courtesy: Westlake Associates, Inc.
206-505-9400
Reid Jones
First time on the market in 33 years, and it shows. This turnkey West Queen Anne fourplex has been quietly held under single ownership for over three decades and is ready for a new investor to step in and collect. Four one-bedroom units, hardwood floors throughout, dishwashers in every unit, and Unit 4 comes with its own in-unit washer and dryer. Large basement storage accessible to all tenants. Off-street parking and a fenced backyard round it out. Live in one and rent the rest, this is a classic owner-occupy setup in one of Seattle's strongest residential neighborhoods. Queen Anne continues to command premium rents, attract long-term tenants, and hold its value through every market cycle. Current rents are below market with a clear upside path to $6,980/month. Zoned LR3(M) with long-term redevelopment optionality and potential to convert existing space into additional units, a value-add angle that is increasingly rare to find in this submarket. Steps from Metro Route 2, the RapidRide D Line, Seattle Center, Climate Pledge Arena, Kerry Park, and some of the best dining and retail in the city. Median household income within one mile exceeds $151,000. Strong bones, great location, proven demand. Priced at $287,500 per unit — bring your buyers.
Courtesy: Bentley Properties
425-747-1901
Senal Perera
Turnkey four-unit investment opportunity in Seattle’s sought-after Ravenna neighborhood, offering strong in-place income, tenant appeal, and future redevelopment upside. This rare “Rambler style” features four corner units with identical floor plans in a single-level building, creating efficient management, broad rental appeal, and long-term flexibility. Located on a quiet residential street with easy access to the University of Washington, downtown Seattle, Ballard, and I-5, this property sits in one of North Seattle’s most desirable rental corridors. Three units feature brand-new kitchens and bathrooms, while restored original wood floors and added LVP flooring enhance durability and appeal. Each unit includes a private garden entry, with shared laundry and 4+ parking spaces, adding convenience for tenants. Set on a 4,460 SF lot with L3(M) zoning and upzoned potential for additional units, this asset offers both immediate income and future upside. A 2022 feasibility study is available for review. Well-maintained with minimal deferred maintenance, market rents in all but one unit, and clear long-term potential, this is a compelling multifamily opportunity in a proven Seattle location.
Courtesy: Real Broker LLC
855-450-0442
George Clouse
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.
Courtesy: Paragon Real Estate Advisors
206-623-8880
Michael Urquhart
The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).
Courtesy: Keller Williams Downtown Sea
206-858-6800
Nicholas Vilvandre
4-Unit Investment Opportunity 3.5 Assumable VA Loan @3.5% Perfect Owner-Occupant / House Hack Beacon Hill Views Exceptional opportunity to own a well-located 4-unit property on North Beacon Hill with sweeping Sound, city, and mountain views. This classic 1900-built building offers character, flexibility, and strong appeal for investors, owner-occupants, and potential short-term rental use. Unit mix includes a 3-bedroom view penthouse, 2-bedroom unit, studio, 1-bedroom garden unit, plus a non-conforming caretaker unit. With units coming available, this is a prime opportunity for an owner-user to step in while maintaining rental income. The top unit also benefits from solar offset for electric use. Located on a quiet street near light rail, Downtown Seattle, SODO, and major commuter routes. A standout North Beacon Hill asset with income, views, flexible living options, and long-term upside. Ideal for house hacking, multi-generational living, or long-term investment.
Courtesy: Knipe Realty ERA Powered
503-445-7660
David Sobolik
Classic West Seattle Charm, a rare Multi-Family Opportunity in Alki. Discover a perfect blend of vintage character and modern potential in the heart of Seattle’s iconic Alki district. Just blocks from the salty breeze and vibrant energy of Alki Beach, this 1920s residence offers a massive 2,850 square feet of living space, thoughtfully configured for maximum versatility. The property features a strategic layout designed for both privacy and community. The upstairs unit serves as the primary retreat, offering 3 bedrooms and 1 bath, highlighted by an expansive outdoor deck—perfect for soaking in the neighborhood's relaxed atmosphere or hosting summer gatherings after a day on the waterfront. Below, you will find two additional units, each featuring 2 bedrooms and 1 bath, with their own dedicated private patios. Whether you are looking to bolster your investment portfolio or create a unique multi-generational compound, this property stands as a canvas for your vision. The home retains the sturdy soul of its 1920 construction, featuring a spacious floor plan that is increasingly difficult to find in West Seattle’s competitive market. Situated on a 4,000 square foot lot, the location is unparalleled. Enjoy effortless access to the Alki Trail, local dining favorites, and the scenic Water Taxi for a quick, beautiful commute to Downtown Seattle. Embrace the quintessential Pacific Northwest lifestyle where historic charm meets the limitless potential of a premier community.
Courtesy: The Agency Seattle
425-296-8111
Phillip Greely
Perched on a prominent corner in Queen Anne, this iconic 1904 residence blends historic charm with rare versatility and sweeping Seattle skyline views. Thoughtfully configured as a duplex, the property offers an exceptional opportunity for owner-occupants, multigenerational living, or restoration back to a single family home. Inside, you’ll find a fresh, elevated feel with newly refinished floors, fresh interior and exterior paint, and extensive electrical updates—delivering both character and peace of mind. Sunlight pours through generous windows, highlighting classic details while framing unforgettable city vistas. Expansive 500+ SF decks extend the living space outdoors—perfect for entertaining or soaking in the skyline at sunset. The flexible layout includes two separate living spaces plus a walk-up attic with potential for a future third-floor suite, adding even more upside. Set on a rare 5,000+ SF lot, the property has been meticulously maintained and thoughtfully improved over time, with a newer roof and systems already addressed. Whether you continue its legacy as a reliable income property, live in one unit and offset your mortgage, or fully reimagine it as a single-family home, the options here are as compelling as the location. Just steps to Seattle Center, SLU, dining, and everything Queen Anne has to offer. A truly special offering where historic charm meets modern flexibility—and where the city awaits at your doorstep.
Courtesy: Windermere Real Estate Midtown
206-448-6400
Lauren Hendricks
Exceptional owner / investor opportunity on a quiet, residential corner in the Central District. This 3,300 SF lot has a well-maintained & charming triplex with a non-conforming 4th unit, plus a 1 bd/1bth detached additional dwelling unit (DADU) built in 2017. Although there are 5 income generating units, this property qualifies for residential financing, opening the door to more attractive lending options. The fourplex has one 2 bd/1 bth and three 1 bd/1 bth units, each with updated systems, kitchens, and baths. Each floor plan is unique with lots of light, in-unit washer / dryer, dedicated outdoor space, and some featuring views of the Seattle skyline. The 1bd/1 bth DADU features an open floor plan with a modern design and a loft area for additional living space. Long-term development potential with the corner lot and LR2 zoning. Excellent opportunity for an investor seeking stable cash flow in a high-demand location or an owner-occupant looking to offset their mortgage payment with rental income.
Courtesy: Horizon Real Estate
206-417-2800
Brian Petro
Perched on the coveted west slope of Queen Anne, this view triplex delivers space, flexibility, and long-term upside. Each residence feels like its own private home, complete with individual entries and generous floorplans. The lower unit offers 2 bedrooms and 1 bath across 1,200 sq ft, while the middle and upper units expand to 1,300 sq ft with 2 bedrooms, 1.75 baths, and stunning wrap-around decks capturing territorial and sunset views. Four garage parking spots, quiet residential setting, and a 6,000 sq ft L1-zoned lot create multiple pathways—hold as a strong rental, live in one unit while generating income, or explore development potential. Minutes to Queen Anne shops, Interbay conveniences, and commuter routes. A versatile investment in one of Seattle’s most desirable neighborhoods.
Courtesy: Synergy Mrgrs & Acq. LLC
206-386-5455
Francis Roman
Rare and versatile opportunity in the highly desirable Ballard / West Woodland neighborhood. This well-located triplex at 4903 3rd Ave NW offers a unique combination of immediate rental income and future flexibility. The property currently operates as a triplex but presents a rare and relatively straightforward opportunity to convert the structure back into a spacious single-family residence if desired. The building’s layout and single-structure configuration make it well suited for a buyer looking to reimagine the property as a large custom home, while still maintaining the option to generate rental income in the meantime. For investors, the existing units provide steady income potential in one of Seattle’s strongest rental markets. For owner-occupants or builders, the property offers the chance to create a substantial single-family home in a premier neighborhood without starting from the ground up. Ideally located just minutes from Ballard, Fremont, Green Lake, and Woodland Park, with easy access to shops, restaurants, parks, and major commuter routes. Opportunities like this—combining location, income potential, and future conversion flexibility—are increasingly rare in this sought-after Seattle neighborhood. A truly flexible property with long-term upside for investors, developers, or homeowners looking to create their dream residence.
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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.
