King Homes with 54 - 4-Plex Style

King Homes with 54 - 4-Plex Style

Welcome to King County, Washington, a vibrant region that perfectly blends urban sophistication with breathtaking natural beauty. Nestled in the heart of the Pacific Northwest, King County is home to the bustling city of Seattle, renowned for its iconic Space Needle and thriving tech industry. With a rich tapestry of diverse communities, lush landscapes, and a wealth of recreational opportunities, King County offers a unique lifestyle that appeals to everyone.

For those seeking investment opportunities or a multi-family living arrangement, King County features a variety of homes, including the sought-after 4-plex style properties. These charming buildings typically consist of four separate living units, making them an ideal choice for both homeowners looking to live in one unit while renting out the others, and investors aiming to capitalize on the strong rental market. With the county's population growth and a steady influx of professionals, the demand for rental properties continues to rise, ensuring a promising return on investment.

Living in a 4-plex not only provides the advantage of shared amenities but also fosters a sense of community among residents. Imagine enjoying the convenience of nearby parks, shops, and restaurants, all while being just a short drive from downtown Seattle’s vibrant cultural scene. With excellent schools, diverse neighborhoods, and easy access to outdoor adventures—from hiking in the Cascades to kayaking on Lake Washington—King County truly has it all.

Explore the possibilities of 4-plex living in King County and discover your perfect blend of comfort, community, and opportunity!

Newest King Homes with 54 - 4-Plex Style

$895,000
2586121 MLS ⋅ ACTIVE Status
Turnkey 4 Plex Investment in a great community. Features 4 occupied spacious units w/functional layouts, large deluxe units w/1 bed, 1 full bath - highly desirable units. All units have a cozy FP, in-unit W/D, balcony or deck. Dedicated covered parking spots for each unit + visitor parking. New roof in 2024, New siding in 2024, new exterior and interior paint in 2024. Prime location close to Redondo beach, Costco, Winco, shopping malls, restaurants, schools, parks, library & hospitals. Community sports courts, play areas and amenities. Easy access to I-5, Hwy 99, Hwy 18 and upcoming light rail for commuters. Great cash flowing property for Investors, Owner occupied buyers & VA buyers.

34246 1st Place S, Federal Way

Listing Broker: Skyline Properties, Inc.; Scott Fladseth; 206-795-9500; scottbinsea@hotmail.com

$1,495,000
2585477 MLS ⋅ ACTIVE Status
We are pleased to present the 10th Ave W Fourplex in Seattle’s Queen Anne neighborhood. This offering presents a rare combination of immediate usability, flexible investment strategies, and future upside. Delivered vacant, the property is well suited for an owner occupant seeking to move in immediately while renovating or repositioning the remaining units over time. The property may also appeal to townhome developers evaluating the LR1 (M) zoning and 7,200 square foot lot for future redevelopment potential, subject to buyer verification. It features four individually metered residences with a unique mix of updated interiors, double pane windows offering sweeping views, and in unit washer and dryers. The units include hardwood flooring, stainless steel and white appliances, dishwashers, updated cabinetry, private deck access, and walk-in closet space. Recent improvements include a replacement water heater system completed in 2023 and electrical upgrades completed in conjunction with the water heater installation. The building also includes basement storage, seven parking spaces, and two garage spaces. With a blend of existing improvements and additional upside through continued interior modernization and operational review, the property presents investors with the opportunity to acquire a well located small multifamily asset in one of Seattle’s most established rental neighborhoods

1953 10th Avenue W, Seattle

Listing Broker: Lee & Associates Commercial RE; Dea Sumantri; 206-773-2680; dsumantri@lee-associates.com

$700,000
2581755 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a well-maintained 4-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,000+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 4-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.

1609 Maple Lane Unit #C5-C8, Kent

Listing Broker: Windermere Real Estate JS; Kyle Wells; 360-631-2996; kylewells@windermere.com

$995,000
2582564 MLS ⋅ ACTIVE Status
The Dravus Fourplex consists of four thoughtfully configured units, including two studios, a 2BD/1BTH unit, and a 1BD/1BTH unit with a den. Each unit features in-unit W/D, vinyl plank flooring, and updated appliances. Select units have received more extensive renovations, including gray shaker cabinetry, quartz-style countertops, modern fixtures, and other contemporary finishes, while the remaining units have been updated over time as needed and maintained in good condition. The property is exceptionally well located, with Fremont just a five-minute walk across the Fremont Bridge, providing immediate access to the neighborhood’s restaurants, bars, retail, and entertainment. Opportunities to acquire a renovated and well-positioned fourplex in Queen Anne are increasingly rare. With the building’s major systems addressed, a new roof, renovated interiors, and strong proximity to Fremont and Queen Anne, the Dravus Fourplex offers an attractive combination of current income and future upside. Unit 3 has recently become vacant, creating an excellent owner-user opportunity for a buyer looking to occupy one unit while benefiting from rental income from the remaining three. The property is already operating well, while additional upside exists through the potential to implement utility bill-backs, providing a clear path to further increase income and improve overall operating performance.

1 Dravus Street, Seattle

Listing Broker: Paragon Real Estate Advisors; Will Douglas; ;

$1,095,000
2577632 MLS ⋅ ACTIVE Status
Steady cash flow meets tenant-favorite amenities in this well-maintained Des Moines fourplex! Built in 1976, the 3,740-square-foot property offers four spacious 2-bedroom, 1-bath units — each with its own washer/dryer, dishwasher, refrigerator, range, garbage disposal, and wood-burning fireplace, the kind of features that keep quality tenants renewing year after year. The two upper units (approx. 930 SF) offer large private decks, while the two lower units (approx. 830 SF) open onto a shared patio and fenced backyard, and select units capture partial territorial and Puget Sound views. Seven off-street parking spaces, public utilities, sidewalked street frontage, and quick access to I-5, Highway 99, schools, and everyday conveniences round out this well-positioned, income-ready asset in one of South King County's most in-demand rental markets. Only one unit is currently occupied, giving the new owner a unique opportunity to hand-select tenants and set market-rate rents on the remaining three. Contact the listing agent for showing access and any questions.

21614 29th Avenue S, Des Moines

Listing Broker: eXp Realty; Adisu Fanta; ;

$1,200,000
2573723 MLS ⋅ ACTIVE Status
Charming West Seattle four-plex tucked away on a quiet street with direct walking trail access just minutes away from everything Westwood Village has to offer. Expertly maintained and cared for over the years by the owner whose career is managing commercial and multifamily maintenance crews in downtown Seattle apartment buildings. This property is a gem with all units boosting a coveted two bedrooms, two baths, onsite laundry and over 1,000 sq/ft of ideal rental size layouts. The bottom two units have sun filled private patios, perfect for summer gardens, barbecues, or social gatherings. The upper floor units boost large decks and sit among the treetops and singing birds and have their own special privacy where you can capture moments of morning solitude or magical evenings to remember. There are four carports and storage for each unit. There is so much to love about the location and all that it is close to. These four large residences are all under one roof and in the heart of one of Seattle's most desirable neighborhoods. This is an excellent investment with below market rents, waiting for the right owner to realize its full potential!

8632 26th Avenue SW, Seattle

Listing Broker: KW Greater Seattle; Patrik Warneke; 206-920-6540; patrik@emeraldcityrealestate.com

$1,850,000
2574876 MLS ⋅ ACTIVE Status
Exceptional low-maintenance INVESTMENT OPPORTUNITY with unobstructed Lake Sammamish water views on a generous lot featuring two income-producing duplexes (non-conforming)! This fully occupied property offers four total units with long-term, reliable tenants already in place, creating immediate and stable cash flow. Thoughtfully maintained and easy to manage, each unit includes its own washer and dryer, providing added convenience and tenant appeal. The property encompasses a total of 8 bedrooms and 6.5 bathrooms across the four residences, offering flexible living arrangements that continue to attract strong rental demand. Ample parking for all units plus joint storage unit—an increasingly valuable amenity for long-term tenants. The expansive lot enhances privacy and features unobstructed lake views, making this a rare blend of strong investment fundamentals and exceptional location appeal. With solid occupancy history, functional layouts, and desirable amenities already in place, this property presents a compelling opportunity for investors seeking dependable income and future upside potential. Please do not disturb tenants.

2232 E Lake Sammamish Parkway NE, Sammamish

Listing Broker: Windermere Real Estate/East; Julie Scozzafave; ;

$949,998
2574331 MLS ⋅ ACTIVE Status
Prime Auburn location with a cap rate over 7%, strong existing rents, and reliable long-term tenants with an opportunity to occupy one of the units and have established rents in the other 3. This well-maintained fourplex offers immediate cash flow with additional upside over time. The building has also recently been repainted on the exterior, enhancing its curb appeal and reducing near-term maintenance for the next owner.Each of the four homes features two bedrooms, one bathroom, in-unit laundry, updated appliances, a fireplace, and a comfortable, functional layout. Both upper residences have been remodeled with attractive modern finishes and include private decks. The two lower residences offer private patios and fenced outdoor areas, providing added privacy and strong tenant appeal.The property also includes four covered carport spaces and two additional surface parking spaces. Conveniently located near major freeways, shopping, restaurants, parks, transit, and everyday services, the property provides easy access throughout the South Sound and greater Seattle area while remaining tucked away from the main road.All four units are currently occupied by established tenants, providing dependable income from day one. With strong rents already in place, two remodeled upper units, a freshly painted exterior, and a cap rate close to 7%, this is a compelling opportunity for investors seeking durable cash flow in a high-demand rental market.

2826 D Place SE, Auburn

Listing Broker: COMPASS; Marius ion; 425-466-7876; marius.ion@compass.com

$1,690,000
2572857 MLS ⋅ ACTIVE Status
Capitalize on Kirkland’s rapid growth with this beautifully remodeled, low-maintenance 4-unit property. Offering scenic territorial southwest views with abundant light, the building features extensive capital improvements—including a newer roof and energy-efficient double-paned windows, sliding glass doors & water heaters. Walk to Kirkland’s beaches, farmer markets, and amenities. Each unit is fully rented with established, long-term tenants and boasts high-end finishes: granite countertops, stainless steel appliances, individual in-unit washers/dryers (e.g. full-size), fireplace, and a private deck. Positioned on a dead-end, quiet street, this turnkey investment sits in a highly desirable neighborhood near Lake Washington, shopping, dining, and easy commuting routes. Seller financing available for qualified buyers: 30% down, 6% interest, 5-year term (negotiable, subject to seller approval). The Juanita submarket is an area characterized by consistently low vacancy, durable rental demand, and proximity to Eastside employment hubs including tech, healthcare, biotech, and space. All four units are configured as 2-bedroom / 1-bathroom apartments averaging approximately 804 square feet, with in-unit washer and dryer and dedicated parking within an 8-stall lot. It’s a well-maintained and centrally located fourplex walking distance to Lake Washington — long-term tenants, RM 2.4 zoning, immediate rent upside.

10016 NE 117th Court, Kirkland

Listing Broker: Wilson Northwest Investments; Sharon Cunnington; ;

$1,200,000
2571118 MLS ⋅ ACTIVE Status
A quiet and serene 4-plex multi-family home centrally located in Federal Way with convenient transportation. Extremely accessible to bus stop, light rail, shopping, and dining, with easy access to I-5, Hwy 99 and the king County library located right across the street. Great opportunity to own an income-generating 4-plex featuring an estimate Cap rate around 5%. All units are managed by on-site property management so it's easy and low maintenance to manage.

120 S 339th Circle, Federal Way

Listing Broker: Q Star Seattle Corporation; Pearl Lee; 206-664-1697; pearlleerealtor@gmail.com

$1,200,000
2571153 MLS ⋅ ACTIVE Status
A quiet and serene 4-plex multi-family home centrally located in Federal Way with convenient transportation. Extremely accessible to bus, light rail, shopping center, and dining, with easy access to I-5, Hwy 99 and the King County library located right across the street. Great opportunity to own an income-generating 4-plex featuring an estimate Cap rate around 5%. All units are managed by on-site property management so it's easy and low maintenance to manage.

27 S 342nd Place, Federal Way

Listing Broker: Q Star Seattle Corporation; Pearl Lee; 206-664-1697; pearlleerealtor@gmail.com

$1,200,000
2569440 MLS ⋅ ACTIVE Status
Turnkey Enumclaw fourplex offering high-end finishes and immediate cash flow! Ideal for an investor or owner-occupant looking to live top-floor while three occupied units pay the mortgage. The vacant upstairs unit is fully renovated with quartz counters, white shaker cabinets, LVP flooring, stainless appliances, and in-unit W/D featuring no rear neighbors for unmatched privacy. Major upgrades across units include PEX re-piping, permitted electrical, and 2017 roof. Low 32% expense ratio with tenant utility bill-backs and inheritable professional management in place. $105k+ gross potential income on actuals. High-yielding asset in a prime location!

203 Farrelly Street, Enumclaw

Listing Broker: Windermere Central Sound; Keenan Grayson; ;

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