Magnolia Homes with 54 - 4-Plex Style

Welcome to Magnolia, a picturesque neighborhood nestled in the heart of Seattle, Washington. Known for its stunning views of the Puget Sound and the iconic Olympic Mountains, Magnolia offers a serene retreat from the bustling city life while still providing convenient access to urban amenities. This charming enclave is characterized by its lush greenery, waterfront parks, and a close-knit community atmosphere, making it an ideal place for families, professionals, and retirees alike.

One of the standout features of Magnolia is its diverse range of housing options, including the sought-after 4-plex style homes. These unique properties not only provide an excellent investment opportunity but also foster a sense of community among residents. With four distinct living units, these homes are perfect for multi-generational families or individuals looking to supplement their income through rental opportunities. Each unit typically boasts modern amenities, spacious layouts, and private outdoor spaces, allowing for comfortable living in a vibrant neighborhood.

Living in Magnolia means enjoying a lifestyle enriched by outdoor activities. Residents can take advantage of the scenic Discovery Park, where miles of trails and sandy beaches await exploration. The neighborhood is also home to a variety of local shops, cafes, and restaurants, offering a delightful mix of culinary experiences and boutique shopping.

Whether you're seeking a peaceful retreat or a vibrant community to call home, Magnolia's 4-plex style homes provide the perfect blend of comfort, style, and investment potential. Come and discover the charm of Magnolia, where urban convenience meets natural beauty!

Newest Magnolia Homes with 54 - 4-Plex Style

$1,228,888

2562308 MLS ⋅ ACTIVE Status

Fantastic opportunity to own a well-located fourplex in Seattle’s desirable Magnolia neighborhood. Three units are currently leased, while Unit 3 is intentionally being held vacant to provide easy access for showings and flexibility for the next owner. Ownership has historically prioritized stable, long-term tenancies and limited turnover, resulting in several rents remaining on the lower end and offering potential for future income growth. The property includes four dedicated off-street parking stalls—one for each unit—on-site laundry and a shared backyard area. Zoned LR3(M), the property may also offer long-term redevelopment or value-add possibilities, subject to buyer verification and applicable City of Seattle requirements. Conveniently located near Magnolia Village, Discovery Park, Queen Anne, Ballard and Downtown Seattle, with easy access to neighborhood shops, restaurants, parks, transit and major employment centers. An appealing opportunity for an investor or owner-occupant seeking established rental income, immediate leasing flexibility and long-term potential in one of Seattle’s most established neighborhoods. Please do not disturb tenants.

2657 Thorndyke Avenue W, Seattle

Listing courtesy of Realogics Sotheby's Int'l Rlty.

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