Courtesy: Compass
360-969-0669
Melissa Klinnert
Unique income-generating property in lively Queen Anne. This 1910 duplex features one bedroom units with full baths and laundry in unit. Long term leases with options for renewal and rent increase in place. Terrific location on the bus line, easy commute to SPU, SLU, Google and downtown.
Courtesy: Compass
360-969-0669
Melissa Klinnert
Unique income-generating property in lively Queen Anne. This new construction duplex includes upgraded interior soundproofing, plumbed for portable A/C & en suite baths for ultimate privacy & enjoyment. 2,450 sq ft over 3 levels featuring a full kitchen and dining area, 8 bedrooms, 8 baths & 2 washers & dryers. Lower level ADU Apartment features 2 beds, 2 baths with full kitchen & laundry. Long term leases with options for renewal and rent increase in place.
Courtesy: Windermere Real Estate Co.
206-448-6000
Donovan Shelton
A classic true duplex in fun, artistic Georgetown, a home that adds to the whimsey in unapologetic pink. Each dwelling is a 2 bed, 1 bath with great year round light. The backyard abutting the alley is large and has has a grand cherry tree by the fire pit. With LR1 zoning, you might want to look into development options. The basement has laundry and abundant storage. With the Georgetown Farmers Market as well as fantastic restaurants and pubs, the area has become a destination. It's also an easy jump off point to all the city has to offer and quick to downtown. The nearby Museum of Flight is not just a great spot to visit but a venue for some great public events in a one of a kind setting. Revitalize this increasingly rare bit of history.
Courtesy: Lotside
425-441-3180
Nicholas Riddell
Prime location just one block from Green Lake! This 5-unit property features two buildings on one tax parcel. The west structure is a 3-bedroom home offering 1,280 sq. ft. of living space, while the east building includes four 1-bedroom units—two with views of Green Lake. Total of 3275 livable sq ft. Units offer open floor plans with abundant natural light. Updates include roofs, siding, windows, and exterior paint. Unit#2 recently remodeled. The property also features updated electrical systems, separately metered and coin-op laundry machines. On site storage units. Excellent location with strong potential for increased rental income. LR3 Zoning, development potential. Current Cap Rate 4.61%.
Courtesy: Pacific Crest
206-812-9150
Alan Wileman
Arun Apartments "PERMITTED" Development Site. The current permitted property is shovel ready for immediate development and is located in the highly desirable East Queen Anne/Westlake neighborhood of Seattle which offers immediate redevelopment potential in one of Seattle’s most supplyconstrained and sought-after multifamily submarkets. Beyond the existing remodeled 6 units, the site's zoning, pre-obtained permitting and design combine the two existing lots, allowing for an immediate development project consisting of five 4-story rowhouses. This feature presents an invaluable opportunity to bypass the typical lengthy permitting process where investors can elect to execute the permitted project for sale or long-term rental income.
Courtesy: VerraTerra
206-408-8008
James Hsu
Built in 2015, this contemporary midrise offers 8 thoughtfully designed one-bedroom residences in the heart of North Seattle. Large windows that fill the space with natural light, driftwood-style flooring, and granite countertops that complement the sleek stainless steel appliances and tile backsplashes. Residents enjoy in-unit washer and dryers, AC, and a modern open layout ideal for today’s urban lifestyle. Located near shops, transit, and neighborhood amenities, this property offers both modern comfort and long-term value. The building's clean modern design and low-maintenance systems make it an ideal long-term hold for investors seeking stable cash flow and appreciation potential. 6% cap rate. Prop tax reduced thru 2028 for MFTE.
Courtesy: Agencyone Realty South
206-268-0000
Amrik Kamoh
This beautiful property is located in the Lake City neighborhood just a few block from main arterial Lake City Way NE . Lake City Way NE showcases demographic growth with increased housing demand. This property is adequately 100% rented on a sub-normal rent rate. Area features efficient transit options and close to major employment centers. King County Metro serves frequently to Seattle Downtown as well as Bothell Eastside as well as other tourists places such as shopping malls , Burke Gillman trails, University of Washington as well as Seattle Downtown. Well maintained property with new carpet and stable cash flow opportunity. Building is sold as is. Buyer to do the ow due diligence .
Courtesy: Keller Williams Realty Bothell
425-482-6100
Corey Crain
7-unit apartment/condo building originally constructed as part of the Eldorado Block condominium development, resulting in larger-than-typical floor plans and condo-quality finishes. Each residence offers a two-bedroom, 1.75-bathroom layout with desirable features including wood-burning stone fireplaces, in-unit washers & dryers, exterior-vented range hoods, spacious walk-in closets in the primary suite, and generous storage throughout. Tenants enjoy the benefit of condo-sized units rarely found in comparable rental properties. As a member of the Eldorado Block community, this property also shares access to a clubhouse, swimming pool, spa, sauna, and fitness room—amenities that further enhance tenant appeal and long-term
Courtesy: Ewing & Clark, Inc.
206-441-7900
John Losh
The Belmont Mansion is a boutique 5-unit multifamily opportunity located in the heart of vibrant Capitol Hill. Built in 1903, this charming and well-kept property blends historic character with modern upgrades, offering a rare chance to acquire a legacy asset with strong income and future development upside. The 5 spacious units include a fully remodeled penthouse owner’s unit. Moreover, the 5,000 SF midrise zoned lot allows for a 22,500 SF bldg. Located near the Light Rail Station and surrounded by some of Seattle’s most iconic restaurants, cafes, and nightlife, this property is ideal to attract long-term tenants and benefit from continued growth. With its irreplaceable location, architectural charm , and upside, this is a must see!
Courtesy: COMPASS
425-637-7777
Erich Bubbel
11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.18% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.
Courtesy: Coldwell Banker Danforth
206-971-8800
Virginia Lawson
Fantastic investment or redevelopment opportunity in Seattle! This 1900-built duplex offers 2,940 total SF, all ready for renovation or reimagining. The 4,800 SF corner lot is zoned LR2(M), providing flexibility for multi-unit potential or redevelopment. Conveniently located near downtown, I-5, I-90, schools, parks, and transit. With strong fundamentals and zoning upside, this classic property is ready for its next chapter. An excellent option for builders, investors, or those seeking a project with vision.
Courtesy: Lotside
425-441-3180
Nicholas Riddell
Solid investment opportunity in Seattle’s U-District! This well-kept 5-plex offers four 3BD/1BA units and one 2BD/1BA unit, all featuring bright interiors and updated finishes. Durable fiber cement siding, double-pane windows, and upgraded flooring ensure low upkeep. Tenants enjoy a shared deck, on-site laundry, and off-alley parking. Prime central location U district location. Waking distance to UW campus, transit, and major commuter routes. Consistently desirable rental property with great income potential. There is coin op laundry room and 4 off the alley rentable parking spaces for additional income! Easily obtain 5%+cap rate.
Courtesy: Compass
360-969-0669
Coleton Pantley
Built in 2015, 2418 Ballard offers immediate rental upside with rents ~13% below market. Priced at $5.3M ($126K/unit), recent leases show 10% rent growth. Prime Ballard location just three blocks from Market St and 24th Ave with easy access to downtown. Features 42 efficient micro units averaging 196 SF with modern finishes and kitchenettes (varies by unit). Amenities include communal kitchens, rooftop deck, garden, laundry, and high-speed internet. Walk Score 97, near future Ballard Station (2039).
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#2447245.
Courtesy: Paragon Real Estate Advisors
206-623-8880
Michael Urquhart
Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.
Courtesy: Kelly Right RE of Seattle LLC
206-525-5235
Hongying Hu
Live the dream in this Greenlake architectural masterpiece with sweeping lakeview!! This property can accommodate an owner occupied landlord or investor. Main house (6707 Aurora Ave N) is 3509 sf two story w/ basement, completely remodeled & fully furnished, operated as an AirBnB: Main Floor has 2 Bedrooms & 1.75 Bathrooms, 2nd Floor has 2 Bedrooms & 1 Bathrooms, and basement has 4 bedrooms & 2 bathrooms. Detached additional Dwelling (6709 Aurora Ave N) is a 2-story New Construction: 1380sf, 460sf attached garage and a huge rooftop lakeview deck, 3 bedrooms & 2.75 bathrooms. Excellent Schools!! Click 3D Tour of Main Home. The AirBnB of the Main House alone brings over $200K annual income!!
Courtesy: Agencyone Tacoma
253-365-1778
Autumn Allen
REDUCED RATE as low as 4.99% (APR 5.431%) thru List & Lock Buyer Loan Program! Fully occupied, cash flowing property! Longtime tenants love the extra privacy that the detached large modern 2bd 1ba cottage provides in the back of the property which comes with a totally serene & secure backyard, plus all appliances including W/D. The front property is a traditional duplex style featuring driveway parking with 2bd 1 bath layouts that have fresh paint, quartz counters, new flooring, newer stainless steel appliances, and lots of natural light! Fantastic opportunity awaits the savvy investor or owner-operator w/ this low maintenance, income-producing asset, that boasts a high-walkability location w/ excellent transit access near the Northgate Light Rail, I-5, & SR-99, plus proximity to Green Lake & park amenities. This is a low-risk investment w/ established rental history and significant upside potential with the automatic 5% rent increase in May 2026 and currently no charges for parking or laundry. The seller-paid rate buydown reduces the buyer's interest rate and monthly payment. Must use CMG home loans to take advantage of this excellent offer. Terms apply. Rate lock available with full price offer. Seller loves the property profitability but will be doing a 1031 to purchase a 8plex closer to his residence. Easy to show with 48 hour appt notice! Come see a cash flowing property for a great deal!
Courtesy: COMPASS
425-637-7777
Erich Bubbel
Gilman Park Plaza - Current Cap of 6.46% with in place rent. 16 units in the prime Ballard neighborhood consists of 15 1Bed/1Ba units and one 2Bed/1Ba. 7 off street parking spaces, extra onsite storage stalls for extra income. Upgrades to the property in the last two years include a new TPO roof was installed in 2024, updated sewer lines along with exterior paint. Located close to mass transit and a walk score of 86/100 making this an ideal investment for future growth in one of the most bustling and vibrant neighborhoods in Seattle.
Courtesy: Urban Commercial Partners, LLC
206-325-9333
Tyler Bretz
Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.
Courtesy: Marketplace Sotheby's Intl Rty
425-243-9000
Elisabeth Blalock
Fantastic West Seattle duplex in a super convenient Delridge location! With the light rail coming soon, this is a great opportunity for investors or an ideal owner-occupied setup. Upstairs Unit A- 2 bed 1 bath. Downstairs Unit B- 1 bed 3/4 bath. Both units are currently rented, providing immediate income. Each unit offers comfortable living with easy access to shops, dining, parks, and downtown Seattle. Whether you’re looking to expand your rental portfolio or live in one unit while offsetting your mortgage with the other, this property checks all the boxes. Each unit has separate electrical and gas meter, paid by tenants.
Courtesy: Urban Commercial Partners, LLC
206-325-9333
Tyler Bretz
Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.
Courtesy: Paragon Real Estate Advisors
206-623-8880
Michael Urquhart
The Claremont combines the durability of 1990s construction with the appeal of a full, top-to-bottom renovation—creating a turnkey multifamily investment with meaningful rental upside. Modern building systems and comprehensive updates translate to minimal near-term capital expenditures and easy day-to-day management. At the same time, current in-place rents remain below prevailing market levels for renovated apartments in the Columbia City/Mount Baker area, presenting a clear opportunity to increase income as leases roll and demand for well-finished units continues to grow. The renovation program was extensive and designed to position the property for long-term stability.
Courtesy: Lee & Associates Commercial RE
206-267-1457
Sara Bago
Greenwood 6 is a well-maintained apartment building. This asset provides immediate cash flow and the opportunity to increase NOI through rent increases. Further opportunity lies in value-add play through cosmetic upgrades, and the addition of in-unit laundry presents a straightforward path to increasing rental income. Located just blocks from Greenwood’s vibrant commercial core, the property benefits from an exceptionally walkable location with strong transit access. The building is positioned back from 85th, with six onsite parking spaces, screened by mature evergreen trees for privacy. Notably, the property includes a large two bedroom unit well-suited for owner occupancy, with potential for expansion and customization.
Courtesy: Urban Commercial Partners, LLC
206-325-9333
Tyler Bretz
North Beacon Hill development site, zoned LR3 urban village and situated on a 7,610 SF lot. This covered land play presents a unique income-producing development opportunity with the existing duplex that currently generates $63,000 in gross annual income, providing immediate cash flow for investors during the pre-development or entitlement process. The site supports higher density residential or mixed-use development. The zoning flexibility allows for long-term appreciation through redevelopment while retaining near-term income from the existing duplex. This dual profile makes the offering attractive to both investors seeking cash flowing assets and developers targeting urban infill opportunities.
Courtesy: Paragon Real Estate Advisors
206-623-8880
Michael Urquhart
Well-maintained, six-unit property features spacious 2BD/2BTH units that include private decks. All units are outfitted with full appliance packages, including dishwashers, ranges, refrigerators, garbage disposals, and in-unit washers and dryers. Units are in clean, rentable condition as-is, providing strong in-place income with considerable room for growth. There is significant value-add potential through interior cosmetic renovations and further upside through the implementation of utility bill-backs, parking charges, and pet rent. With its large floorplans, core location, and multiple layers of rental upside, Harbor Vista represents an excellent opportunity for investors seeking both immediate cash flow and long-term growth.
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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.
