Courtesy: Highmark Partners
206-895-2988
Justin Kraft
Investment Opportunity with Owner-Occupant Option Lena Apartments is a well-maintained 4-unit building in the High Point neighborhood of West Seattle, offering stable income today and significant upside potential tomorrow. Each unit is a 1-bedroom, 1-bath layout with hardwood floors, efficient kitchens, and access to outdoor space. Located in High Point High Lena Apartments offers strong investment potential, with average home values around $660,000 and steady annual growth of about 3%. The area stands out for its professional demographic, with over half of residents working in managerial or professional roles, and its median household income exceeding 75% of U.S. neighborhoods, highlighting both economic stability and upward mobility.
Courtesy: Keller Williams North Seattle
206-538-5505
Mira Atanasova
Renovated 4-Unit Property in Seattle. An ideal choice for investors seeking strong rental income and long-term appreciation potential in one of Seattle’s most desirable neighborhoods. This updated duplex with two additional units offers a rare opportunity to maximize returns through flexible rental options. Each unit has been fully renovated with high-quality, modern finishes — including durable LVP flooring, granite countertops, stainless steel appliances, and in-unit washer/dryer setups. The property includes two dedicated parking spaces, with ample additional street parking available for tenants and guests. Perfectly situated on a quiet street across from Licton Park. For additional financial details, please see broker remarks.
Courtesy: Eagle Rise Real Estate, LLC
425-442-1298
Brian Davis
Endless Potential in a Prime Seattle Location! This duplex offers a unique opportunity for investors, builders, or visionaries looking to create something truly special. Surrounded by newer developments, the lot is ideally positioned for redevelopment or continued use as a rental investment. With both units now vacant, the property is a blank canvas ready for your plans, whether that's maximizing rental income, designing your dream project, or building for resale. Enjoy unbeatable convenience with quick access to major freeways, shopping, dining, and Seattle's thriving business districts. A rare find with endless possibilities!
Courtesy: John L. Scott, Inc.
425-454-2437
Jeanie Van Amen
Rare investment opportunity in South Lake Union w/ existing 4-Plex & mixed use zoning-ideal for owner/user! Located in Seattle's tech-sector neighborhood, property is one of the few remaining residential development parcels in the area, offering a myriad of options: retain rentals as residential/business/retail units & potentially add up to 3 townhomes on parking surface area; redevelop site w/ 6 townhome units or denser multifamily project--generate income from existing fourplex while awaiting permits. Vacant land next door also for sale: with the two parcels combined, offer even more development opportunities. The neighborhood offers desirable work/life balance with a 99 walk score & nearby transit & I-5. Five on-site parking spaces!
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: METROPOLIST
206-623-5118
Kate Pedersen
Bring your creative vision to this blank slate. This previous fourplex with 7 bedrooms and 4 baths was being transformed and is partially down to the studs. Customize the layout as a luxury single family home, 2-3 townhouses or multi plex. Zoning is LR2 (M). New windows, roof, exterior paint, some interior paint, wall mounted heaters and partially completed wiring. Minor water leak during roof install caused slight mold; two pieces of drywall were affected and removed. Lot extends northeast, see photos. Sold as is. Great Opportunity!
Courtesy: Berkshire Hathaway HS NW
425-453-9100
Jennifer Wen
Investment opportunity near Lake Washington with peek-a-boo lake views. This 7 Unit complex is consistently occupied with steady income features (4) 2bed/1bath + (3) 1bed/1bath. Currently monthly rental income=$12,200/mo + additional Coin-Op laundry generating $300-$400/mo. Sits on 0.11AC lot w/ 6 tandem spots & park up to 12 cars. Tons of potential with upside in rents. Zoned NC155(M) w/ future potential for redevelopment with increased density + LIHTC. Located in one of the most diverse neighborhoods in the City with local favorites like Jude's & Red Wing Cafe across the street. New businesses and MF housing popping-up around the neighborhood.
Courtesy: John L. Scott Westwood
206-938-5572
Kim-Marie Motoda
Painted Brick 4-plex in vibrant Ballard Neighborhood. Surrounded by thriving Residential and Commercial growth. Quiet, Mid Block Location. Spacious Living Spaces consisting of (3) 2BR units and (1) Studio. In unit Washer/Dryers, Ample Closets, 2 units with Fireplaces and additional Storage Lockers. Thoughtfully renovated in 2017. New Windows, Stainless Steel Appliances, Quartz Counters, Laminate Flooring, updated Kitchens & Baths. Property also has a newer Roof. fenced in Dog Yard and 2 off street Parking Spots. A Solid Investment with long term growth potential.
Courtesy: Westlake Associates, Inc.
206-505-9400
Travis Kannier
Northtown Flats is an impressive, 10-unit apartment building featuring a desirable unit mix of (6) 2-bed, 2-bath units, and (4) generously sized 1-bed units. Each unit offers ample space and modern amenities, including in-unit washer and dryers and modern appliance packages. All units boast covered decks or private patios. The exterior of the building has been thoughtfully refreshed with a new coat of paint and attractive Hardie Plank siding, enhancing the curb appeal. Recent renovations to most of the units include the installation of new luxury vinyl plank (LVP) flooring in the living rooms and kitchens, along with electric forced air heaters that provide optimal comfort. All but 2 units have been updated with fresh paint and floors.
Courtesy: Westlake Associates, Inc.
206-505-9400
Chad Martini
The Mansion District Fourplex is a charming 4-unit multifamily property nestled in the heart of Seattle’s desirable North Capitol Hill neighborhood next to Volunteer Park. This historic gem, built in 1905, blends timeless appeal with modern potential, offering investors a rare chance to capitalize on one of the city’s most desirable areas. Whether you’re looking to boost rental income through market-rate adjustments, legalize the two lower non-conforming units for added value, owner-occupy a unit while generating passive revenue, or redevelop the site into higher-density housing, this fourplex is poised for substantial returns in a market where demand continues to outpace supply.
Courtesy: Torre Realty
206-915-2399
Elena Pike
Prime 7-Unit Investment Opportunity Just 15 Minutes from Downtown Seattle. Located in a high-demand area, this fully occupied 7-unit property offers strong cash flow and excellent rental history. Zoned LR3, the site allows for a variety of redevelopment options. The next door property—also zoned LR3—is also listed for sale, creating the potential for a larger-scale development. All units have been tastefully updated, including kitchens, bathrooms, and flooring. Additional income is generated through coin-operated laundry on-site. A rare chance to invest or build in one of Seattle’s most strategic locations.
Courtesy: RSVP Real Estate-ERA Powered
425-519-3619
Susan Shelland
Only two owners, always owner occupied. Very well loved & maintained. Three units have been totally renovated and one given a modest update. Long term tenants, zero vacancy rate. Lower unit has beautiful Brazilian walnut floors, open concept w/L shaped living room allowing for library. European bi-folding doors open to beach side patio. Unit 2 is level entry 2 bdrms, one w/sliding doors that open to living room for the water view. Unit 3 & Unit 4 have the same floor plan. Large living rooms in open concept area with good size kitchens open to dining area and view. 3 bdrms, 2 baths & sauna. Top 3 units have nice decks. Waterfront fourplex owner occupied gets standard loan rates. We have original plans. Quiet Beach Dr, minutes to downtown.
Courtesy: Berkshire Hathaway HS NW
425-453-9100
Martin Ho
The intersection of First Hill and Cherry Hill, steps from Seattle University, this contemporary 2bed/2bath townhouse offers urban living at its finest—plus a fully equipped studio ADU with private entrance, perfect for tenants, guests, or home office use. Offered by the original builder, this light-filled home features sleek modern finishes and a rooftop deck with panoramic city and mountain views. The attached ground-level ADU includes its own kitchen, bathroom, washer/dryer, and separate entrance. Easy access to downtown, hospitals, tech hubs & transit—plus the best of Capitol Hill’s dining, parks & nightlife just blocks away. Whether you're looking to live stylishly, invest smartly, or both, this home delivers. Short term rental history
Courtesy: Blake Investment Advisors
206-618-2207
Gabe Blake
5.55% Cap Rate The Ballard Commons 5 was built in 1979 and features wood-frame construction with a durable exterior consisting of stucco siding and a torch-down roof. All units feature 2 bedrooms, 2 bathrooms, and 925 square feet of living space. Amenities include a shared coin-operated laundry room, 4 covered carport parking stalls, and private balconies and wood-burning fireplaces for all units. Apartments are heated by either electric baseboard or forced-air wall heaters, and the plumbing is to copper. Ownership has made ongoing interior improvements, with select units featuring luxury vinyl plank flooring or new carpeting, updated cabinetry, modern kitchen appliances, and updated bathroom fixtures. Unit 4 is FULLY renovated.
Courtesy: Raven Commercial Real Estate
206-919-7643
Jason Wilcox
Great income property on Queen Anne's west slope. Water views from expansive windows and location make it always easy to lease. Upper units have cathedral ceilings. each floor shares a common laundry. Off street parking for four vehicles. Keep as a 4Plex or use included development plans and LR2 zoning to add and addional floor with penthouse or 2 more units. meticulously maintained, new windows, roof, hot water tanks, applainces, flooring all addressed as needed throughout ownership.
Courtesy: eXp Realty
888-421-2531
Rebecca Pitts
Investor’s Dream or the unlimited House Hack! Located just steps from South Seattle College, this unique property offers the ultimate income-generating opportunity. The main home features 8 private bedrooms, each with its own en suite bathroom—one even has a kitchenette, making it perfect for extended stays or higher rental income. Tucked away with its own separate entrance is a 1 bed / 1 bath ADU, ideal for owner-occupancy or a steady rental stream. Live in one unit and let the rest pay your mortgage and then some. Or go fully passive and bring in a hands-off 6% cap rate with a property manager in place. Whether you’re a savvy investor or looking for a creative way to build wealth through real estate, this property checks all the boxes!
Courtesy: John L. Scott, Inc
425-227-9200
George Graham
Portfolio of SEVEN 2 and 3 bed CONDO UNITS located at the well maintained + professionally managed Gilmanor Building, a premier Magnolia Community. Unique investment and perfect 1031 exch opportunity offers investors strong cash flow, stable rents in high appreciation zip code. Each unit is thoughtfully designed for comfort+ efficiency, ranging in size from 786-1081 sf. Units feature gas fireplaces, private balconies and newly renovated interiors. Building amenities include on-site laundry, intercom entry system, elevator, assigned parking spots and additional storage. Convenient location offers easy access to major employers, close proximity to Magnolia Village and Discovery Park. Walk Score of 77 and Bike Score of 62
Courtesy: McCallen & Sons, Inc.
425-822-9752
Grant Fallon
This listing features a portfolio of 5 out of 6 luxury townhomes in the Asana community, each situated on its own parcel with the ability to sell each separately. These residences offer contemporary living with sleek aesthetics and premium upgrades. Ideally located within walking distance to Children’s Hospital, Burke-Gilman Trail, Laurelhurst Elementary, the University of Washington, and University Village. Each townhome offers 2,020 square feet of light-filled, spacious interiors. The top-level primary suite includes a spa-style bath, walk-in closet, and scenic views of Seattle. Upscale features include mini-split A/C, tankless water heaters, ample storage, attached garages. Greenbelt across the street allows for plenty of street parking.
Courtesy: Berkshire Hathaway HS NW
425-453-9100
Martin Ho
The intersection of First Hill and Cherry Hill, steps from Seattle University, this contemporary 2bed/2bath townhouse offers urban living at its finest—plus a fully equipped studio ADU with private entrance, perfect for tenants, guests, or home office use. Offered by the original builder, this light-filled home features sleek modern finishes and a rooftop deck with panoramic city and mountain views. The attached ground-level ADU includes its own kitchen, bathroom, washer/dryer, and separate entrance. Easy access to downtown, hospitals, tech hubs & transit—plus the best of Capitol Hill’s dining, parks & nightlife just blocks away. Whether you're looking to live stylishly, invest smartly, or both, this home delivers. Short term rental history
Courtesy: Keller Williams Downtown Sea
206-858-6800
Nicholas Vilvandre
Historic gem with sweeping views, located on North Beacon Hill on a quiet street! This classic 1900-built 4-plex exudes timeless charm & solid craftsmanship, featuring 1-bed garden unit, main floor studio, 2-bed with views, and a stunning 3-bed penthouse with panoramic Sound, mountain, and city views. Includes shared coin-op laundry and a bonus non-conforming 5th caretaker’s unit. Thoughtfully maintained with original details and three leases in place with tenants. Solar offsets electric for the 3-bed unit. Walkable to light rail, near Downtown/SODO. Unit #1 has had some updates, flooring, paint, bath, kitchen, & appliances. Strong 5.20% cap with value-add potential—ideal for investor, owner-user, and great opportunity for an Airbnb Rental!
Courtesy: COMPASS
425-637-7777
Ben Kaufman
Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential—buyer to verify.
Courtesy: Capstone Commercial
206-324-9412
M. Theodore Wood
Premier 4-unit multifamily asset strategically located one block from Alki Beach and 15 minutes from Downtown Seattle, offering unmatched coastal allure and urban connectivity. Significant value-add potential through calculated renovations could yield $346+ per unit in monthly rental income, increasing cash-flow and market value. Positioned in a high-demand, low-inventory waterfront market, the area has seen long-term tenant stability and value appreciation over recent decades. An elegant owner-suite style apartment with 2 beds, vaulted ceilings, gas fireplace, and oversized windows is fitting for owner-occupiers seeking a vibrant lifestyle with beachside dining and recreation at their doorstep.
Courtesy: RE/MAX Northwest Realtors
206-522-5500
Richard Jones
Prime Columbia City duplex on a quiet residential street with an unfinished basement and potential 3rd unit. Situated on a double lot with Cascade and territorial views, this property has many options: Sell off a lot, build an ADU or DADU, or the previous owner had plans for a five-unit townhome development. Current rents are $4,812 with tenants paying W/S/G. 2 Bed/1 Bath, 1200 SF units with hardwood floors, view decks, and fireplaces. Garage for both units. Great location near all the amenities, transit and minutes to downtown.
Courtesy: Roopa Group
425-292-1600
Roopa Kannasani
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. Proforma Cap rate - 5.94%
Courtesy: Paragon Real Estate Advisors
206-623-8880
Ryan Iles
West 9 is a fully renovated and turnkey 9 Unit apt building, well located at the gateway to West Seattle. This vibrant area offers excellent access to all the distinctive and exciting features of West Seattle, while remaining just a short distance from Downtown Seattle and other city attractions. All 1/1 units with W/D and a private patio or balcony. Unit updates include new flooring, cabinets, quartz counters, stainless steel appliances and fixtures. Exterior updates include new exterior paint, windows/sliders, frosted balcony panels, landscaping, signage, secure cluster mailbox. Excellent opportunity to purchase a fully stabilized asset with income upside and future redevelopment potential in a highly sought-after Seattle neighborhood.
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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.
