Phinney Ridge Homes with 55 - 5-9 Units Style

Welcome to Phinney Ridge, a charming neighborhood nestled in the heart of Seattle, Washington. Known for its picturesque views and vibrant community spirit, Phinney Ridge offers a unique blend of urban convenience and suburban tranquility. This delightful enclave is characterized by its tree-lined streets, historic homes, and a welcoming atmosphere that makes it a perfect place to call home.

Phinney Ridge is celebrated for its eclectic mix of architectural styles, including the charming homes with 5-9 units that provide an ideal living option for those seeking a sense of community. These multi-family residences often feature spacious layouts, inviting common areas, and lush green spaces, making them perfect for families, young professionals, and anyone who values a close-knit neighborhood vibe.

Living in Phinney Ridge means you’re just a stone's throw away from some of Seattle's best parks, such as Woodland Park and the iconic Green Lake, where outdoor enthusiasts can enjoy walking, jogging, or simply soaking in the natural beauty. The neighborhood is also home to a thriving local scene with an array of boutique shops, cozy cafes, and delicious dining options that cater to every palate.

With its strong sense of community, excellent schools, and easy access to public transportation, Phinney Ridge is not just a place to live—it's a lifestyle. Whether you’re looking for a vibrant social life or a peaceful retreat, this neighborhood offers the best of both worlds. Come discover why Phinney Ridge is one of Seattle's most desirable places to call home!

Newest Phinney Ridge Homes with 55 - 5-9 Units Style

$1,975,000

2520299 MLS ⋅ ACTIVE Status

We are pleased to present Bella Marie, a fully occupied six-unit multifamily property with ground-floor retail located in Phinney Ridge, one of Seattle’s most desirable residential neighborhoods. The property consists of two buildings. The main building, constructed in 1950, houses three one-bedroom apartments, a two-story three-bedroom/two-bath penthouse residence with a private rooftop deck overlooking Green Lake, and ground-floor retail along Phinney Ave. A detached one-bedroom townhome, built in 2004, is positioned above three covered parking spaces, providing added privacy and a distinct rental experience. The main building has been fully rewired with newer electrical panels, and all windows have been updated to double-pane vinyl throughout. Offered at a 5.95% in-place capitalization rate with additional upside to market rents, the asset combines stabilized cash flow with an irreplaceable Phinney Ridge location — convenient to Downtown Seattle, South Lake Union, Fremont, and Green Lake, with strong neighborhood walkability and proximity to Woodland Park Zoo.

6512 Phinney Avenue N, Seattle

Listing courtesy of Northmarq Multifamily, LLC.

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