Timmckeownrealestatepnw.com Search Results

$1,495,000

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

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

$995,000

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.

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; ;

$1,200,000

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!

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

$995,000

With an ideal location just steps from the University of Washington, the property is situated on a 2,500-square-foot parcel with Mid-Rise (MR M1) zoning. As a result, investors have a rare opportunity to acquire an exceptionally well-positioned multifamily asset in one of Seattle’s most desirable and supply-constrained rental markets. The property features a diverse unit mix consisting of studio and two-bedroom residences averaging 518 square feet, appealing to a broad tenant base. A prime location within walking distance of UW provides a consistent demand driver and strong long-term rental fundamentals. Significant capital improvements have already been completed, including a roof replacement within the last four years, upgraded Square D electrical panels, and full copper plumbing, helping reduce near-term capital expenditure requirements for a new owner. Further enhancing the investment appeal, the property boasts a Walk Score of 93 (“Walker’s Paradise”), an 83 Bike Score, and an 82 Transit Score, offering exceptional connectivity throughout Seattle. Investors also have the unique opportunity to acquire an additional fourplex located directly across the street at 710 NE 43rd Street, creating an immediate avenue for portfolio expansion & operational efficiencies within the same submarket.

2567345 MLS ⋅ ACTIVE Status

With an ideal location just steps from the University of Washington, the property is situated on a 2,500-square-foot parcel with Mid-Rise (MR M1) zoning. As a result, investors have a rare opportunity to acquire an exceptionally well-positioned multifamily asset in one of Seattle’s most desirable and supply-constrained rental markets. The property features a diverse unit mix consisting of studio and two-bedroom residences averaging 518 square feet, appealing to a broad tenant base. A prime location within walking distance of UW provides a consistent demand driver and strong long-term rental fundamentals. Significant capital improvements have already been completed, including a roof replacement within the last four years, upgraded Square D electrical panels, and full copper plumbing, helping reduce near-term capital expenditure requirements for a new owner. Further enhancing the investment appeal, the property boasts a Walk Score of 93 (“Walker’s Paradise”), an 83 Bike Score, and an 82 Transit Score, offering exceptional connectivity throughout Seattle. Investors also have the unique opportunity to acquire an additional fourplex located directly across the street at 710 NE 43rd Street, creating an immediate avenue for portfolio expansion & operational efficiencies within the same submarket.

709 NE 43rd Street, Seattle

Listing Broker: John L. Scott, Inc; Jonathan D. Bye; 206-400-7586; transactions@jonbye.com

$1,200,000

Just steps from the University of Washington. Situated on 5,000 square foot parcel zoned Mid Rise (MR M1), the property features a diverse unit mix of one and two-bedroom residences averaging 473 square feet, providing broad appeal to workforce renters. The property benefits from an excellent location within walking distance of the University of Washington, placing residents near a wide array of academic facilities, rental destinations, dining options & major transportation corridors. The asset offers 6 off street parking spaces, a valuable amenity in this highly urbanized and supply concentrated neighborhood. Positioned in one of Seattle’s most walkable communities, the property boasts a Walk Score of 93, a Bike Score of 83, a Transit Score of 82. The strong mobility metrics enhance the tenant demand and support of long term occupancy stability. Adding to the investment appeal, an additional fourplex located directly across the street is also available for purchase, presenting investors with a unique opportunity to achieve immediate scale and operational efficiencies within the same submarket. Combining a desirable unit mix, favorable zoning, excellent accessibility, and potential for portfolio expansion, this offering represents an attractive opportunity in one of Seattle’s most dynamic rental markets.

2567359 MLS ⋅ ACTIVE Status

Just steps from the University of Washington. Situated on 5,000 square foot parcel zoned Mid Rise (MR M1), the property features a diverse unit mix of one and two-bedroom residences averaging 473 square feet, providing broad appeal to workforce renters. The property benefits from an excellent location within walking distance of the University of Washington, placing residents near a wide array of academic facilities, rental destinations, dining options & major transportation corridors. The asset offers 6 off street parking spaces, a valuable amenity in this highly urbanized and supply concentrated neighborhood. Positioned in one of Seattle’s most walkable communities, the property boasts a Walk Score of 93, a Bike Score of 83, a Transit Score of 82. The strong mobility metrics enhance the tenant demand and support of long term occupancy stability. Adding to the investment appeal, an additional fourplex located directly across the street is also available for purchase, presenting investors with a unique opportunity to achieve immediate scale and operational efficiencies within the same submarket. Combining a desirable unit mix, favorable zoning, excellent accessibility, and potential for portfolio expansion, this offering represents an attractive opportunity in one of Seattle’s most dynamic rental markets.

710 NE 43rd Street, Seattle

Listing Broker: John L. Scott, Inc; Jonathan D. Bye; 206-400-7586; transactions@jonbye.com

$975,000

Turnkey 4-plex Investment in Seattle. Features 4 spacious units w/functional layouts. 3 units w/2 bed, 1 full bath and 1 unit w/1 bed, 1 full bath. Recently remodeled units including, kitchens, bathrooms, windows, doors, floors, SS appliances and hot water heaters. Newer roof, recently painted exterior, interior and updated plumbing. Dedicated parking spots for each unit + visitor parking. Remodeled coin operated laundry room brings in additional income. The building's thoughtful layout ensures plenty of natural light. Quiet neighborhood offers accessibility to everything in the city. A short walk to Duwamish River Waterfront Park, residents enjoy scenic river views & walking trails. Walk to popular restaurants, providing easy access to dining & entertainment. Near Alki Beach, DT Seattle, Tech companies, Costco, SeaTac Airport, HWY 99, I-5, Boeing, shopping malls, restaurants, parks, schools and light rail. A solid Cash-flowing property for Investors, owner-occupied buyer, VA or a 1031 exchange.

2566778 MLS ⋅ ACTIVE Status

Turnkey 4-plex Investment in Seattle. Features 4 spacious units w/functional layouts. 3 units w/2 bed, 1 full bath and 1 unit w/1 bed, 1 full bath. Recently remodeled units including, kitchens, bathrooms, windows, doors, floors, SS appliances and hot water heaters. Newer roof, recently painted exterior, interior and updated plumbing. Dedicated parking spots for each unit + visitor parking. Remodeled coin operated laundry room brings in additional income. The building's thoughtful layout ensures plenty of natural light. Quiet neighborhood offers accessibility to everything in the city. A short walk to Duwamish River Waterfront Park, residents enjoy scenic river views & walking trails. Walk to popular restaurants, providing easy access to dining & entertainment. Near Alki Beach, DT Seattle, Tech companies, Costco, SeaTac Airport, HWY 99, I-5, Boeing, shopping malls, restaurants, parks, schools and light rail. A solid Cash-flowing property for Investors, owner-occupied buyer, VA or a 1031 exchange.

701 S Kenyon St, Seattle

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

$1,650,000

Rare investor/developer opportunity in Seattle’s highly desirable Green Lake neighborhood! This 3,250 sq ft commercial building sits on a 5,400 sq ft lot and is currently home to one retail business and three residential units, offering a unique combination of commercial and residential income. Recent rezoning allows development up to 40 feet in height, creating significant potential for future redevelopment, expansion, or repositioning. The property enjoys excellent visibility and strong traffic exposure, making it an attractive location for a business seeking a high-profile presence. Its convenient location near the Green Lake Park & Ride and Roosevelt Light Rail Station, along with nearby bus routes and I-5 access, provides excellent accessibility for customers, tenants, and employees. With existing income, prominent commercial visibility, convenient transit access, and increased development potential, this is a rare opportunity to acquire well-located commercial property in one of Seattle’s most established neighborhoods. An exceptional opportunity for an investor or developer looking to capitalize on the property’s current income and future potential.

2565711 MLS ⋅ ACTIVE Status

Rare investor/developer opportunity in Seattle’s highly desirable Green Lake neighborhood! This 3,250 sq ft commercial building sits on a 5,400 sq ft lot and is currently home to one retail business and three residential units, offering a unique combination of commercial and residential income. Recent rezoning allows development up to 40 feet in height, creating significant potential for future redevelopment, expansion, or repositioning. The property enjoys excellent visibility and strong traffic exposure, making it an attractive location for a business seeking a high-profile presence. Its convenient location near the Green Lake Park & Ride and Roosevelt Light Rail Station, along with nearby bus routes and I-5 access, provides excellent accessibility for customers, tenants, and employees. With existing income, prominent commercial visibility, convenient transit access, and increased development potential, this is a rare opportunity to acquire well-located commercial property in one of Seattle’s most established neighborhoods. An exceptional opportunity for an investor or developer looking to capitalize on the property’s current income and future potential.

305 NE 65th Street, Seattle

Listing Broker: Windermere Real Estate/M2, LLC; Nickolas Nicoloudakis; 425-319-3125; nnicoloudakis@windermere.com

$1,192,000

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.

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 Broker: Realogics Sotheby's Int'l Rlty; Demetre Skepetaris; 206-910-6203; demetre@tomandrebecca.com

$1,999,950

Live in the heart of Capitol Hill while building equity with this unique Craftsman-style fourplex. Ideal for an owner-occupant or seasoned investor, the versatile unit mix includes a studio, one-bedroom and 2 three-bedroom residences. Live comfortably in one unit while rental income from the others helps offset your mortgage. Current monthly income is $8450 with potential upsides in rents as you improve each unit. Residents will appreciate having Capitol Hill’s acclaimed restaurants, cafés, nightlife, shopping and transit just outside their door. The property offers solid in-place income with potential to increase rents as units are turned-over and upgraded. Zoned NC3P-75 (M) which also provides long-term redevelopment opportunities for mixed-use apartments or "condo-ize" the property. Enjoy the energy and convenience of one of Seattle’s most desirable neighborhoods while securing an income-producing property with room to grow. Seller Financing Available.

2558358 MLS ⋅ ACTIVE Status

Live in the heart of Capitol Hill while building equity with this unique Craftsman-style fourplex. Ideal for an owner-occupant or seasoned investor, the versatile unit mix includes a studio, one-bedroom and 2 three-bedroom residences. Live comfortably in one unit while rental income from the others helps offset your mortgage. Current monthly income is $8450 with potential upsides in rents as you improve each unit. Residents will appreciate having Capitol Hill’s acclaimed restaurants, cafés, nightlife, shopping and transit just outside their door. The property offers solid in-place income with potential to increase rents as units are turned-over and upgraded. Zoned NC3P-75 (M) which also provides long-term redevelopment opportunities for mixed-use apartments or "condo-ize" the property. Enjoy the energy and convenience of one of Seattle’s most desirable neighborhoods while securing an income-producing property with room to grow. Seller Financing Available.

1210 E Pine Street, Seattle

Listing Broker: Berkshire Hathaway HS NW; Jennifer Wen; 206-849-1007; jenniferwen@bhhsnwre.com

$1,399,000

The property includes one non-conforming studio unit, two 1-bedroom/1-bathroom units, and one 2-bedroom/1-bathroom unit. All units were renovated approximately five years ago, featuring hard-surface flooring, updated kitchens, fresh paint, and modern fixtures throughout. The current owner has maintained the property with great care, and it benefits from mature landscaping that enhances its overall appeal. The property currently operates at a 4.6% cap rate, with potential upside through rent increases and the addition of storage income. This offering represents a rare chance to acquire a well-maintained, stabilized asset in the heart of Georgetown.

2542292 MLS ⋅ ACTIVE Status

The property includes one non-conforming studio unit, two 1-bedroom/1-bathroom units, and one 2-bedroom/1-bathroom unit. All units were renovated approximately five years ago, featuring hard-surface flooring, updated kitchens, fresh paint, and modern fixtures throughout. The current owner has maintained the property with great care, and it benefits from mature landscaping that enhances its overall appeal. The property currently operates at a 4.6% cap rate, with potential upside through rent increases and the addition of storage income. This offering represents a rare chance to acquire a well-maintained, stabilized asset in the heart of Georgetown.

6635 Carleton Avenue S, Seattle

Listing Broker: Skyline Properties, Inc.; Amir Rashidi; 206-498-2290; amir@gotobuysell.com

$4,200,000

Queen Anne Jewel: Exceptional Four-Unit Investment or Grand Single-Family Conversion. Discover one of the finest real estate opportunities in Seattle’s most picture-perfect neighborhood. Perched in a premier Queen Anne location surrounded by multi-million dollar estates, this one-of-a-kind property offers breathtaking, unobstructed views of the Space Needle, Mt. Rainier, Elliott Bay, the Downtown Seattle skyline, and both the Cascade and Olympic mountain ranges. Currently configured as four meticulously upgraded units (three 2-bed/2.5-bath view units and one 1-bed/1-bath unit), every residence boasts premium appliances, private balconies, gas fireplaces, and in-unit laundry. While it serves as a high-performing luxury income asset, the property also presents a rare and incredible opportunity to convert the structure back into a singular, world-class grand estate. Located just down from iconic Kerry Park and welcoming neighborhood dining, this versatile property is sold as-is. Buyer to investigate to their full satisfaction.

2557146 MLS ⋅ ACTIVE Status

Queen Anne Jewel: Exceptional Four-Unit Investment or Grand Single-Family Conversion. Discover one of the finest real estate opportunities in Seattle’s most picture-perfect neighborhood. Perched in a premier Queen Anne location surrounded by multi-million dollar estates, this one-of-a-kind property offers breathtaking, unobstructed views of the Space Needle, Mt. Rainier, Elliott Bay, the Downtown Seattle skyline, and both the Cascade and Olympic mountain ranges. Currently configured as four meticulously upgraded units (three 2-bed/2.5-bath view units and one 1-bed/1-bath unit), every residence boasts premium appliances, private balconies, gas fireplaces, and in-unit laundry. While it serves as a high-performing luxury income asset, the property also presents a rare and incredible opportunity to convert the structure back into a singular, world-class grand estate. Located just down from iconic Kerry Park and welcoming neighborhood dining, this versatile property is sold as-is. Buyer to investigate to their full satisfaction.

604 W Kinnear Place, Seattle

Listing Broker: Windermere RE West Campus Inc; Kari Roberts; 253-222-5235; kari@kariroberts.com

$1,335,000

Perched above street level in highly desirable Beacon Hill location, this updated 4,220 sqft. 4-plex offers a blend of scale, flexibility, and rental upside. Property features 6Br/5Ba across 4 spacious units on a 5,040 sqft. LR2 lot, with 4 uncovered alley-access parking spaces. Enjoy exceptional transit access—just 5 blocks from the Beacon Hill light rail station and approx. 10 blocks from newly opened East Link at Judkins Park—with easy connections to I-5, I-90, downtown Seattle, Bellevue, schools, parks, and neighborhood amenities. Unit 1 (first floor) spans approx. 1,400 sqft. offers a 1Br/1Ba layout with living room, kitchen & dining area. Unit 2 (main floor) also approx. 1,400 sqft. with 2Br/2Ba, including a primary ensuite, and a recently updated kitchen featuring S/S appliances, granite counters, handsome cabinetry, and direct access to the gated backyard. Unit 3 occupies the front portion of the upper floor, approx. 600 sqft. with 1Br/1a, a kitchen with dining space, and a generous living area. Unit 4, located at the rear of upper floor, approx. 800 sqft. with 2Br/1Ba, ample living room and dining, and a bright kitchen opening to a private deck for extended living space. Notable features include good ceiling heights throughout, LVP & hardwood floorings, 2 water heaters, coin-op washer & dryer, and extra storage. A rare opportunity to own a well-located multifamily asset with strong livability, transit convenience, excellent bike and walk scores, and future potential.

2553650 MLS ⋅ ACTIVE Status

Perched above street level in highly desirable Beacon Hill location, this updated 4,220 sqft. 4-plex offers a blend of scale, flexibility, and rental upside. Property features 6Br/5Ba across 4 spacious units on a 5,040 sqft. LR2 lot, with 4 uncovered alley-access parking spaces. Enjoy exceptional transit access—just 5 blocks from the Beacon Hill light rail station and approx. 10 blocks from newly opened East Link at Judkins Park—with easy connections to I-5, I-90, downtown Seattle, Bellevue, schools, parks, and neighborhood amenities. Unit 1 (first floor) spans approx. 1,400 sqft. offers a 1Br/1Ba layout with living room, kitchen & dining area. Unit 2 (main floor) also approx. 1,400 sqft. with 2Br/2Ba, including a primary ensuite, and a recently updated kitchen featuring S/S appliances, granite counters, handsome cabinetry, and direct access to the gated backyard. Unit 3 occupies the front portion of the upper floor, approx. 600 sqft. with 1Br/1a, a kitchen with dining space, and a generous living area. Unit 4, located at the rear of upper floor, approx. 800 sqft. with 2Br/1Ba, ample living room and dining, and a bright kitchen opening to a private deck for extended living space. Notable features include good ceiling heights throughout, LVP & hardwood floorings, 2 water heaters, coin-op washer & dryer, and extra storage. A rare opportunity to own a well-located multifamily asset with strong livability, transit convenience, excellent bike and walk scores, and future potential.

2021 15th Avenue S, Seattle

Listing Broker: John L. Scott Des Moines; Paul Lau; 206-852-5288; paullau@johnlscott.com

$2,500,000

Prime Columbia City LR3 (M) Site — Fully Rented Income Property Outstanding investment opportunity along the MLK transit corridor. This LR3 RC (M)-zoned property sits just blocks from the Columbia City Light Rail Station and is fully rented, providing immediate income while offering strong long-term redevelopment potential. The site features gentle topography, solid solar exposure, and frontage along a major arterial with full sidewalks and light rail transit access. 5 minutes walk Surrounded by single-family, townhome, and multifamily developments, this location supports a wide range of future residential uses. Perfect for investors seeking cash flow now with development upside later in one of Seattle’s fastest-growing urban villages.

2544198 MLS ⋅ ACTIVE Status

Prime Columbia City LR3 (M) Site — Fully Rented Income Property Outstanding investment opportunity along the MLK transit corridor. This LR3 RC (M)-zoned property sits just blocks from the Columbia City Light Rail Station and is fully rented, providing immediate income while offering strong long-term redevelopment potential. The site features gentle topography, solid solar exposure, and frontage along a major arterial with full sidewalks and light rail transit access. 5 minutes walk Surrounded by single-family, townhome, and multifamily developments, this location supports a wide range of future residential uses. Perfect for investors seeking cash flow now with development upside later in one of Seattle’s fastest-growing urban villages.

5050 MARTIN LUTHER KING JR WAY S, Seattle

Listing Broker: Skyline Properties, Inc.; Carolyn Zheng; 206-688-9573; carolyn-z@hotmail.com

$1,900,000

Located in the Miller Park neighborhood of Seattle, known for exceptional walking and biking scores, this property consists of a triplex + detached accessory dwelling unit (DADU). These well-built buildings were constructed in 2024. Units are equipped with full appliance packages that include refrigerator, oven, over range microwave, dishwasher, and full-size washer and dryer. Other amenities include wall mounted mini-splits that provide heating and cooling. Uniquely, the buildings have solar panels on the roof. Two units in the triplex are designated Mandatory Housing Affordability units (MHA). These units have restricted rent based on MHA schedules and are also restricted to tenants that qualify under the program. The designation is permanent for these two units. The other two units can be rented at market rates or occupied by a new owner. Expenses are mostly estimated.

2533245 MLS ⋅ ACTIVE Status

Located in the Miller Park neighborhood of Seattle, known for exceptional walking and biking scores, this property consists of a triplex + detached accessory dwelling unit (DADU). These well-built buildings were constructed in 2024. Units are equipped with full appliance packages that include refrigerator, oven, over range microwave, dishwasher, and full-size washer and dryer. Other amenities include wall mounted mini-splits that provide heating and cooling. Uniquely, the buildings have solar panels on the roof. Two units in the triplex are designated Mandatory Housing Affordability units (MHA). These units have restricted rent based on MHA schedules and are also restricted to tenants that qualify under the program. The designation is permanent for these two units. The other two units can be rented at market rates or occupied by a new owner. Expenses are mostly estimated.

228 21st Avenue E, Seattle

Listing Broker: Westlake Associates, Inc.; Matthew Weber; 206-505-9413; mweber@westlakeassociates.com

$900,000

Classic craftsman meets 4 plex and a 3 car garage! Income property or redevelopment property....you choose. 4 units of 500 sq ft . 1 bed 1bath. Zoned RSL(M) Turn-Key Investment with Excellent Cash Flow. 2 units STR and 2 LTR. This historic 1901 Craftsman offers a rare, turn-key opportunity for savvy investors in the heart of Seattle’s South Park neighborhood. Well maintained and boasting a strong tenant history, this property is designed for immediate cash flow and long-term value. : Approximately 2,600 sq. ft. of interior space across a well-designed 4-unit layout. Craftsman charm with convenient location, featuring wood exterior finishes and a durable composition roof. Ample Parking: Rare for the area, this property includes 6 total parking spaces (3 covered and 3 uncovered). Currently cash-flowing with an excellent track record of high occupancy. Corner Lot Appeal: The property sits on a 6,000 sq. ft. corner lot with alley access, offering extra privacy.

2524678 MLS ⋅ ACTIVE Status

Classic craftsman meets 4 plex and a 3 car garage! Income property or redevelopment property....you choose. 4 units of 500 sq ft . 1 bed 1bath. Zoned RSL(M) Turn-Key Investment with Excellent Cash Flow. 2 units STR and 2 LTR. This historic 1901 Craftsman offers a rare, turn-key opportunity for savvy investors in the heart of Seattle’s South Park neighborhood. Well maintained and boasting a strong tenant history, this property is designed for immediate cash flow and long-term value. : Approximately 2,600 sq. ft. of interior space across a well-designed 4-unit layout. Craftsman charm with convenient location, featuring wood exterior finishes and a durable composition roof. Ample Parking: Rare for the area, this property includes 6 total parking spaces (3 covered and 3 uncovered). Currently cash-flowing with an excellent track record of high occupancy. Corner Lot Appeal: The property sits on a 6,000 sq. ft. corner lot with alley access, offering extra privacy.

1056 S Sullivan Street, Seattle

Listing Broker: Lake & Company; Shannon Honingford; 206-779-5032; shannonh@lakere.com

$975,000

First time on the market in 33 years, and it shows. This turnkey West Queen Anne fourplex has been quietly held under single ownership for over three decades and is ready for a new investor to step in and collect. Four one-bedroom units, hardwood floors throughout, dishwashers in every unit, and Unit 4 comes with its own in-unit washer and dryer. Large basement storage accessible to all tenants. Off-street parking and a fenced backyard round it out. Live in one and rent the rest, this is a classic owner-occupy setup in one of Seattle's strongest residential neighborhoods. Queen Anne continues to command premium rents, attract long-term tenants, and hold its value through every market cycle. Current rents are below market with a clear upside path to $6,980/month. Zoned LR3(M) with long-term redevelopment optionality and potential to convert existing space into additional units, a value-add angle that is increasingly rare to find in this submarket. Steps from Metro Route 2, the RapidRide D Line, Seattle Center, Climate Pledge Arena, Kerry Park, and some of the best dining and retail in the city. Median household income within one mile exceeds $151,000. Strong bones, great location, proven demand. Priced at $262,500 per unit — bring your buyers.

2519144 MLS ⋅ ACTIVE Status

First time on the market in 33 years, and it shows. This turnkey West Queen Anne fourplex has been quietly held under single ownership for over three decades and is ready for a new investor to step in and collect. Four one-bedroom units, hardwood floors throughout, dishwashers in every unit, and Unit 4 comes with its own in-unit washer and dryer. Large basement storage accessible to all tenants. Off-street parking and a fenced backyard round it out. Live in one and rent the rest, this is a classic owner-occupy setup in one of Seattle's strongest residential neighborhoods. Queen Anne continues to command premium rents, attract long-term tenants, and hold its value through every market cycle. Current rents are below market with a clear upside path to $6,980/month. Zoned LR3(M) with long-term redevelopment optionality and potential to convert existing space into additional units, a value-add angle that is increasingly rare to find in this submarket. Steps from Metro Route 2, the RapidRide D Line, Seattle Center, Climate Pledge Arena, Kerry Park, and some of the best dining and retail in the city. Median household income within one mile exceeds $151,000. Strong bones, great location, proven demand. Priced at $262,500 per unit — bring your buyers.

2258 14th Avenue W, Seattle

Listing Broker: Westlake Associates, Inc.; Reid Jones; 206-505-9401; reid@westlakeassociates.com

$1,260,000

Turnkey four-unit investment opportunity in Seattle’s sought-after Ravenna neighborhood, offering strong in-place income, tenant appeal, and future redevelopment upside. This rare “Rambler style” features four corner units with identical floor plans in a single-level building, creating efficient management, broad rental appeal, and long-term flexibility. Located on a quiet residential street with easy access to the University of Washington, downtown Seattle, Ballard, and I-5, this property sits in one of North Seattle’s most desirable rental corridors. Three units feature brand-new kitchens and bathrooms, while restored original wood floors and added LVP flooring enhance durability and appeal. Each unit includes a private garden entry, with shared laundry and 4+ parking spaces, adding convenience for tenants. Set on a 4,460 SF lot with L3(M) zoning and upzoned potential for additional units, this asset offers both immediate income and future upside. Preferred lender financing on the investment, not your W-2's - 25% down 5/6 ARM interest only giving you $757/mo positive cashflow - naturally subject to change based on rates.

2506572 MLS ⋅ ACTIVE Status

Turnkey four-unit investment opportunity in Seattle’s sought-after Ravenna neighborhood, offering strong in-place income, tenant appeal, and future redevelopment upside. This rare “Rambler style” features four corner units with identical floor plans in a single-level building, creating efficient management, broad rental appeal, and long-term flexibility. Located on a quiet residential street with easy access to the University of Washington, downtown Seattle, Ballard, and I-5, this property sits in one of North Seattle’s most desirable rental corridors. Three units feature brand-new kitchens and bathrooms, while restored original wood floors and added LVP flooring enhance durability and appeal. Each unit includes a private garden entry, with shared laundry and 4+ parking spaces, adding convenience for tenants. Set on a 4,460 SF lot with L3(M) zoning and upzoned potential for additional units, this asset offers both immediate income and future upside. Preferred lender financing on the investment, not your W-2's - 25% down 5/6 ARM interest only giving you $757/mo positive cashflow - naturally subject to change based on rates.

2110 NE 85th Street, Seattle

Listing Broker: Bentley Properties; Senal M Perera; 206-501-9018; senalmperera@gmail.com

$1,495,000

Opportunity for Development in Prime Leschi Location Rare 8,000 sq. ft. double lot in the highly sought-after Leschi neighborhood, offering partial views of Lake Washington. Exceptional opportunity for investors, builders, or developers seeking strong land value and future upside. Property is zoned LR1, presenting potential for redevelopment or reconfiguration (Buyer to verify). Existing 1901 Victorian structure has been converted into four residential units, providing interim income while planning your project. Value is primarily in the land and development potential. Owner occupies one unit—subject to landlord/tenant laws. Do not disturb tenants or access property without an appointment. Possible seller financing. Buyer to verify all information to their own satisfaction.

2517241 MLS ⋅ ACTIVE Status

Opportunity for Development in Prime Leschi Location Rare 8,000 sq. ft. double lot in the highly sought-after Leschi neighborhood, offering partial views of Lake Washington. Exceptional opportunity for investors, builders, or developers seeking strong land value and future upside. Property is zoned LR1, presenting potential for redevelopment or reconfiguration (Buyer to verify). Existing 1901 Victorian structure has been converted into four residential units, providing interim income while planning your project. Value is primarily in the land and development potential. Owner occupies one unit—subject to landlord/tenant laws. Do not disturb tenants or access property without an appointment. Possible seller financing. Buyer to verify all information to their own satisfaction.

3004 E Yesler Way, Seattle

Listing Broker: KR Brokers; Shelley A. Michael; 206-778-3003; shelley@krbrokers.com

$1,749,500

4-Unit Investment Opportunity | 3.5 Assumable VA Loan @3.5% | Perfect Owner-Occupant / House Hack | Beacon Hill Views | Exceptional opportunity to own a well-located 4-unit property on North Beacon Hill with sweeping Sound, city, and mountain views. This classic 1900-built building offers character, flexibility, and strong appeal for investors, owner-occupants, and potential short-term rental use. Unit mix includes a 3-bedroom view penthouse, 2-bedroom unit, studio, 1-bedroom garden unit, plus a non-conforming caretaker unit. With units coming available, this is a prime opportunity for an owner-user to step in while maintaining rental income. The top unit also benefits from solar offset for electric use. Located on a quiet street near light rail, Downtown Seattle, SODO, and major commuter routes. A standout North Beacon Hill asset with income, views, flexible living options, and long-term upside. Ideal for house hacking, multi-generational living, or long-term investment.

2516840 MLS ⋅ ACTIVE Status

4-Unit Investment Opportunity | 3.5 Assumable VA Loan @3.5% | Perfect Owner-Occupant / House Hack | Beacon Hill Views | Exceptional opportunity to own a well-located 4-unit property on North Beacon Hill with sweeping Sound, city, and mountain views. This classic 1900-built building offers character, flexibility, and strong appeal for investors, owner-occupants, and potential short-term rental use. Unit mix includes a 3-bedroom view penthouse, 2-bedroom unit, studio, 1-bedroom garden unit, plus a non-conforming caretaker unit. With units coming available, this is a prime opportunity for an owner-user to step in while maintaining rental income. The top unit also benefits from solar offset for electric use. Located on a quiet street near light rail, Downtown Seattle, SODO, and major commuter routes. A standout North Beacon Hill asset with income, views, flexible living options, and long-term upside. Ideal for house hacking, multi-generational living, or long-term investment.

1745 12th Avenue S Unit #1 - 4, Seattle

Listing Broker: Keller Williams Downtown Sea; Nicholas T. Vilvandre; 206-612-7883; nvilvandre@kw.com

$1,425,000

Well positioned in Seattle’s premier North Capitol Hill neighborhood at the corner of 15th Ave E and E Galer St, this fourplex offers an exceptional investment opportunity directly across from iconic Volunteer Park, renowned for its Olmsted-designed landscape. The property benefits from a highly walkable, transit-oriented location with convenient access to South Lake Union, Downtown Seattle, and the Eastside, making it especially attractive to tenants seeking both connectivity and neighborhood charm. The building features classic mid-century architecture and a preferable unit mix comprised of three one-bedroom units and one two-bedroom unit, appealing to a broad renter base. Residents enjoy desirable amenities including four off-street parking spaces, on-site laundry, dedicated storage, and updated dual-pane windows that enhance comfort and efficiency. In addition to its stable and profitable current operations and income upside, the property presents a compelling redevelopment opportunity. Situated on a 4,640 square foot LR3-zoned parcel, the site offers significant upside potential for future townhome development, allowing investors to capitalize on the area’s continued growth and demand. This is a unique opportunity to acquire a well-located, income-producing asset with immediate stability, income upside, and long-term development potential in one of Seattle’s desirable neighborhoods.

2503402 MLS ⋅ ACTIVE Status

Well positioned in Seattle’s premier North Capitol Hill neighborhood at the corner of 15th Ave E and E Galer St, this fourplex offers an exceptional investment opportunity directly across from iconic Volunteer Park, renowned for its Olmsted-designed landscape. The property benefits from a highly walkable, transit-oriented location with convenient access to South Lake Union, Downtown Seattle, and the Eastside, making it especially attractive to tenants seeking both connectivity and neighborhood charm. The building features classic mid-century architecture and a preferable unit mix comprised of three one-bedroom units and one two-bedroom unit, appealing to a broad renter base. Residents enjoy desirable amenities including four off-street parking spaces, on-site laundry, dedicated storage, and updated dual-pane windows that enhance comfort and efficiency. In addition to its stable and profitable current operations and income upside, the property presents a compelling redevelopment opportunity. Situated on a 4,640 square foot LR3-zoned parcel, the site offers significant upside potential for future townhome development, allowing investors to capitalize on the area’s continued growth and demand. This is a unique opportunity to acquire a well-located, income-producing asset with immediate stability, income upside, and long-term development potential in one of Seattle’s desirable neighborhoods.

1505 E Galer Street Unit #1-4, Seattle

Listing Broker: Kidder Mathews; Dan Swanson; 425-444-6501; dan.swanson@kidder.com

$1,499,995

Classic Fremont Fourplex – A charming, rock-solid century-old brick apartment building featuring four oversized 1-bedroom units, each with its own private entrance. Units include spacious living and dining rooms, updated kitchens with dishwashers, fireplaces, hardwood floors, and timeless old-world character. The top-floor units boast enclosed patios with territorial views. The property includes a massive full basement with abundant storage, coin-operated laundry, and new forced-air gas furnaces. Situated on a desirable corner lot with alley access, it also offers off-street parking. All four units are currently leased, providing immediate income stability.

2428505 MLS ⋅ ACTIVE Status

Classic Fremont Fourplex – A charming, rock-solid century-old brick apartment building featuring four oversized 1-bedroom units, each with its own private entrance. Units include spacious living and dining rooms, updated kitchens with dishwashers, fireplaces, hardwood floors, and timeless old-world character. The top-floor units boast enclosed patios with territorial views. The property includes a massive full basement with abundant storage, coin-operated laundry, and new forced-air gas furnaces. Situated on a desirable corner lot with alley access, it also offers off-street parking. All four units are currently leased, providing immediate income stability.

914 N 40th Street, Seattle

Listing Broker: Kelly Right RE of Seattle LLC; Sheetal Gandhi; 510-579-5360; sgandhirealtor@gmail.com