Carnation Homes with 55 - 5-9 Units Style

Carnation Homes with 55 - 5-9 Units Style

Nestled in the picturesque Snoqualmie Valley, Carnation, Washington, is a hidden gem that beautifully blends small-town charm with stunning natural landscapes. With its lush greenery, scenic views of the Cascade Mountains, and proximity to the tranquil Snoqualmie River, Carnation offers a serene escape while still being conveniently located just a short drive from the bustling city of Seattle. This vibrant community is known for its friendly atmosphere, family-oriented events, and a strong commitment to preserving its rich agricultural heritage.

Carnation is particularly appealing for those seeking a unique living experience, especially in homes designed with a 5-9 unit style. These thoughtfully designed residences provide a sense of community and a perfect balance of privacy and togetherness. Ideal for families, young professionals, or retirees, these homes are often crafted with modern amenities while maintaining a cozy, inviting ambiance. Residents can enjoy shared outdoor spaces, fostering connections with neighbors and creating lasting friendships.

The city is also home to a variety of local shops, restaurants, and parks, making it a wonderful place for outdoor enthusiasts and those who appreciate a slower pace of life. With easy access to hiking trails, biking routes, and the stunning landscapes of nearby state parks, Carnation is a paradise for nature lovers.

Whether you’re looking for a cozy retreat or a vibrant community to call home, Carnation’s 5-9 unit style homes offer an exceptional opportunity to enjoy the best of Washington living. Experience the charm, beauty, and warmth of Carnation today!

Newest Carnation Homes with 55 - 5-9 Units Style

$1,375,000
2542138 MLS ACTIVE Status
Rare opportunity to acquire a six-unit apartment building in Carnation. Seller financing offered with ~35% down and interest-only payments during the first year, allowing the new owner to maximize cash flow while renovating units, increasing rents, and stabilizing the property before principal payments begin. Situated on a 15,152 SF corner lot with R-24 zoning, the property offers future expansion or redevelopment potential (buyer to verify), adding long-term value beyond the existing improvements. Unit mix consists of (3) 2-bedroom and (3) 1-bedroom units. Long-term month-to-month tenants provide flexibility for future improvements and repositioning. Current rents are approximately 40% below projected market rents following renovations, creating exceptional value-add potential. Additional income is generated through the on-site common laundry, and current tenants reimburse the owner for utilities, helping offset operating expenses. Additional features include ample parking, a roof with substantial remaining useful life, and recently replaced upper decks. Ideally located in downtown Carnation, just minutes from Snoqualmie, with convenient access to SR 520, Microsoft, Redmond, and Bellevue. A compelling opportunity to acquire a value-add multifamily asset with flexible financing, strong upside, and long-term appreciation potential in one of King County's most supply-constrained rental markets.

31624 W Rutherford Street, Carnation

Listing courtesy of Real Broker LLC.

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