King Homes with 55 - 5-9 Units Style

King Homes with 55 - 5-9 Units Style

King County, located in the state of Washington in the United States, is a vibrant and diverse region that offers a range of real estate options. One popular style of homes in this county is the 55 - 5-9 Units style, which caters to those seeking a comfortable and convenient living experience.

Homes with the 55 - 5-9 Units style are designed to provide residents with a sense of community and ease of living. These properties typically consist of multi-unit buildings that offer a range of amenities and services. With 55 units and 5-9 floors, these homes offer a variety of floor plans and layouts to suit different preferences and needs.

Living in a 55 - 5-9 Units style home in King County comes with numerous advantages. The close-knit community atmosphere fosters a sense of belonging and provides opportunities for socializing and making new friends. Additionally, the amenities offered within these properties, such as fitness centers, swimming pools, and communal spaces, enhance the overall quality of life for residents.

King County itself is a desirable location for real estate due to its proximity to major cities like Seattle and Bellevue. The county boasts a thriving economy, excellent schools, and a wide range of recreational activities, including hiking, skiing, and exploring the beautiful Pacific Northwest landscape.

Whether you are looking for a cozy apartment or a spacious townhome, the 55 - 5-9 Units style homes in King County provide a convenient and comfortable living experience in a vibrant and sought-after region.

Newest King Homes with 55 - 5-9 Units Style

$2,750,000
2568199 MLS ACTIVE Status
The Portage Bay Plaza located at 3261 Fuhrman Ave E, presents a rare opportunity to invest in the extremely well-located north end of Portage Bay between the Eastlake and Montlake neighborhoods. The property offers large floor plans with a mix of seven 1-bedroom / 1-bath units and two 2-bedroom / 1.5-bath units, plus ample off-street parking. Wood-frame construction with a well-maintained brick exterior gives the building genuine mid-century character, while private decks with views of the Bay set it apart from typical residences in the neighbor-hood. Sitting on a large 9,220 SF parcel zoned LR3 (M), the property also carries long-term redevelopment optionality for townhomes or a larger apartment project. Current ownership has well maintained the property with meaningful recent capital improvements, while a new owner has an attractive opportunity to increase income by bringing on professional management and completing interior renovations. The majority of units feature hardwood or LVP flooring, with recent upgrades including updated cabinetry, quartz countertops, stainless-steel appliances, and mod-ern lighting. This leaves a clear and straightforward path to increasing value: finish the renovation program in the units that have not yet been updated, push parking income toward market, and add in-unit laundry to more units, which ownership has already proven out by converting one unit during their hold.

3261 Fuhrman Avenue E, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,599,990
2559752 MLS ACTIVE Status
Exceptional opportunity to acquire a well-maintained 8-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 $2,100+ 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 8-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 #C1-C8, Kent

Listing courtesy of Windermere Real Estate JS.

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