chelan County Homes with 56 - 10+ Units Style

chelan County Homes with 56 - 10+ Units Style

Welcome to Chelan County, Washington—a breathtaking gem nestled in the heart of the Pacific Northwest. Known for its stunning natural beauty, Chelan County boasts a diverse landscape that includes majestic mountains, serene lakes, and lush vineyards. This vibrant region is home to the picturesque Lake Chelan, a 55-mile-long glacial lake that offers an array of recreational activities, from boating and fishing to hiking and wine tasting. With its charming small towns, including the delightful city of Chelan, residents and visitors alike enjoy a warm community atmosphere combined with the allure of outdoor adventures.

When it comes to real estate, Chelan County presents a unique opportunity for those seeking homes with 56 to 10+ units. Whether you're an investor looking for multi-family properties or a developer eager to capitalize on the area's growth, this region offers a variety of options. The demand for rental properties in Chelan County is on the rise, driven by its popularity as a vacation destination and the increasing number of residents attracted to its scenic lifestyle.

Homes in this category not only provide substantial rental income potential but also allow for the creation of vibrant communities. Imagine developing a property that brings together families, young professionals, and retirees, all drawn to the stunning surroundings and the rich cultural experiences Chelan County has to offer.

With its perfect blend of natural beauty, recreational opportunities, and a thriving real estate market, Chelan County is the ideal place to invest in multi-unit homes. Discover the possibilities today and become part of this enchanting community.

Newest chelan County Homes with 56 - 10+ Units Style

1205 Boon Street, Sumas
$4,090,000
2597677 MLS ⋅ ACTIVE Status

1205 Boon Street, Sumas

Listing Broker: Capstone Commercial; Ryan Downing; 206-324-9427; ryan@capstonerea.com

30114 E Orville Road, Graham
$1,895,000
2597663 MLS ⋅ ACTIVE Status
Kapowsin Country Park Offers An Investment Opportunity On 4.76 Acres Across Two Parcels In Graham, Washington, Approximately Half A Mile From Kapowsin Lake. The Property Combines Existing Rental Income With Opportunities For Growth. - Approximately 15,009 Square Feet Of Rentable Space - 10 Park-Owned Manufactured Homes: Six Double-Wides And Four Single-Wides - Five Month-To-Month RV Spaces - Approximately 2,320-Square-Foot Garage, Warehouse, And Outdoor Storage - Laundry Building With Potential Conversion To An Additional Rental Unit - Estimated $500,000–$600,000 Minimum Value In Park-Owned Homes - Seller Financing Considered With 50% Down Increase Income Through Allowable Rent Increases Under Washington State Rent Control Provisions, Garage And Warehouse Rentals, Outdoor And RV Storage, And Conversion Of Existing Improvements. 2026 Pro Forma: $131,448 Net Income; 6.93% Cap Rate. 2027–2028 Pro Forma: $281,176 Gross Income, $239,760 Net Income, And A 12.65% Cap Rate, Based On Anticipated Rent Increases And Planned Improvements. Kapowsin Lake Offers Nearby Fishing And Outdoor Recreation. Tacoma Is Approximately 16 Miles Away And Puyallup 9 Miles Away. Pierce County Has Approximately 904,000 Residents. With Established Rental Operations And Multiple Income-Growth Opportunities, Kapowsin Country Park Offers Current Returns And Long-Term Potential. See Pages 5–7 Of The Attached Package For The Rent Roll And Details. Contact The Listing Broker To Arrange A Tour.

30114 E Orville Road, Graham

Listing Broker: Real Estate 2000 Inc.; David M. Hilbert; 425-280-6542; dave@re2000homes.com

6550 Greeenwood Avenue N, Seattle
$2,800,000
2596693 MLS ⋅ ACTIVE Status
Come tour! $233K per Unit in "A" Location! | The Phinney Apartments is a 12-unit value-add apartment investment opportunity that will be delivered 75% vacant at closing, providing a rare opportunity for a new investor to sidestep many of Seattle’s stringent landlord-tenant regulations and immediately begin renovations on day one. The property is located in the heart of highly desirable Phinney Ridge, just steps from popular neighborhood restaurants and establishments including Red Mill Burgers, El Chupacabra, ThaiKu, Ridgewood Bottle & Tap, GH Pasta & Pizza, and convenient Metro bus service. Supported by a comprehensive renovation budget found in the marketing brochure, a new investor has the potential to achieve a 22.21% leveraged IRR upon sale at the end of Year 3. The unit mix consists of nine one-bedroom units averaging 585 square feet, two two-bedroom units averaging 750 square feet, and one three-bedroom, one-bathroom unit with an additional office, totaling approximately 860 square feet. Each apartment features original 1960's finishes with real hardwood floors underneath the carpeted living spaces. Units 12 & 6 feature in-unit fireplaces. Property amenities include an on-site common laundry room, 12 covered carport parking stalls, and 12 individual storage lockers. The property also features a dedicated maintenance room currently being utilized for owner storage, along with an approximately 400-square-foot bonus room. Come tour!

6550 Greeenwood Avenue N, Seattle

Listing Broker: Blake Investment Advisors; Gabe Blake; 206-618-2207; gabe@blakeia.com

3055 NE 140th Street, Seattle
$2,150,000
2596136 MLS ⋅ ACTIVE Status
Turnkey 10-unit Marella Apartments in Seattle’s Lake City neighborhood. All major capital projects are complete: fully re-sided with exterior paint, new roof and new windows (2023), new electrical panels (2025) and a new sewer line (2025-26), with updated common areas. Seven of ten units are renovated, leaving only three to turn. Professionally managed with zero vacancies and zero delinquencies, and all paperwork is in order: move-in reports, security deposits and last month’s rent on file. Eight 1BD/1BA (approx. 675 sf) and two 2BD/1BA (approx. 850 sf) units, plus 14 off-street parking spaces. Built 1968, effective year built 1992 per tax records, on an 8,480 sf lot. Large walk-in closets next to each hot water tank make adding in-unit washers and dryers easy. Close to Lake City Way shops, services and transit, with Stride bus rapid transit coming in 2028. 5.76% cap rate on in-place rents, 6.85% at market.

3055 NE 140th Street, Seattle

Listing Broker: Opal Blue Real Estate, LLC; Grant Fosheim; 425-359-7259; Grant@OpalBlueRE.com

712 N 143rd Street, Seattle
$2,285,000
2596055 MLS ⋅ ACTIVE Status
Windchime Apartments is a 14-unit apartment building at 712 N 143rd St in North Seattle's Bitter Lake neighborhood. Built in 1983 on a 9,962 SF lot zoned LR3(M), the three-story building offers 10,280 net rentable SF across eleven one-bedroom and three two-bedroom units. Recent capital improvements include a new TPO membrane roof (2023), upgraded electrical panels (2024) and replaced window panes (2025), with copper plumbing throughout. Unit 303 was fully renovated in September 2026 and Unit B1 was refreshed with new paint. The property has common laundry and eleven on-site parking stalls currently provided at no charge. In-place rents sit below market, with upside through unit upgrades on turnover, paid parking and a utility bill-back program. Nearby are the Shoreline South/148th light rail station, Bitter Lake, the Interurban Trail, Northgate Station and I-5. Some interior photos are virtually staged.

712 N 143rd Street, Seattle

Listing Broker: Paragon Real Estate Advisors; Michael Urquhart; 206-812-9123; michael@paragonrea.com

4001 NE 50th Street, Seattle
$3,300,000
2595724 MLS ⋅ ACTIVE Status
The John Henry Apartments presents an exceptional investment opportunity in Seattle's highly desirable Laurelhurst neighborhood. Located at 4001 NE 50th Street, this well-maintained, 14-unit apartment community offers convenient access to Seattle Children's Hospital, University Village, and the University of Washington. Built in 1961, the property features a desirable unit mix of nine one-bedroom and five two-bedroom apartments, averaging approximately 714 square feet. Property amenities include 14 off-street parking stalls, 14 individual tenant storage units, shared laundry facilities, and private patios in select units. Recent improvements include a new roof installed in 2019, double-pane vinyl windows, and updated LVP flooring in most units. Spacious floor plans and thoughtful updates enhance the property's appeal. Offered at $3,300,000, or approximately $236,000 per unit, The John Henry provides investors with strong in-place cash flow at a 5.9% cap rate, along with additional rental upside. Available for the first time in over 20 years, this is a rare opportunity to acquire a well-located multifamily asset in one of Seattle's premier residential neighborhoods.

4001 NE 50th Street, Seattle

Listing Broker: Kidder Mathews; Max Frame; 360-705-2800; max.frame@kidder.com

307 Queen Anne Avenue N, Seattle
$4,750,000
2595687 MLS ⋅ ACTIVE Status
he Kenneth Apartments presents an exceptional investment opportunity in Seattle's desirable Lower Queen Anne neighborhood, just one block from Climate Pledge Arena and steps from Seattle Center, the Space Needle, dining, shopping, and entertainment. Built in 1925, this 24-unit property features classic brick and terra cotta architecture with a mix of 3 efficiency units, 9 studios, and 12 one-bedroom apartments. The property offers approximately 13,545 rentable square feet, seven surface parking stalls, and on-site laundry. Capital improvements include updated electrical panels, double-pane windows, a new boiler in 2023, and an updated fire alarm panel in 2018. Original hardwood floors, millwork, and built-ins provide character and opportunities for value-add renovations. Offered at approximately $198,000 per unit, The Kenneth provides investors with an opportunity to increase rental income through interior improvements and bringing rents closer to market levels. An assumable interest-only loan offers an additional financing option, subject to lender approval. Ideally positioned near major employment centers in Downtown Seattle and South Lake Union, The Kenneth combines historic charm, rental upside, and an outstanding urban location.

307 Queen Anne Avenue N, Seattle

Listing Broker: Kidder Mathews; Max Frame; 360-705-2800; max.frame@kidder.com

11905 Park Avenue S, Tacoma
$749,000
2588383 MLS ⋅ ACTIVE Status
They said the "1% Rule" was impossible - but this Parkland rental delivers! This large corner-lot home is split into 3 separate living suites, each with its own kitchen & laundry: a 6-bed/2-bath suite, & two 3-bed/1-bath suites. Renovated to the studs in 2017 & capped with a new 2026 roof & sheeting. Built to last with full insulation, all new plumbing lines, tankless water heater, LVP + laminate flooring, & electric heat w/ thermostats. Sold fully furnished, mostly occupied, & systemized for immediate cashflow! Favorite tenant upgrades include a large covered patio, fenced & level backyard with a large storage shed, plus abundant off-street parking for 10+ cars & an EV hookup. Ask the listing agent for ROI spreadsheets showing $ 1,850 in monthly cashflow after conservative accounting for vacancy, reserves & actual expenses! Great location: walk to major commuter buses, Pacific Lutheran University (PLU), Sushi Burrito & other Garfield Street cafes. Easily hop on SR-512 and I-5 freeways for nearby JBLM, Tacoma, & Seattle. Investments like this don't come often!

11905 Park Avenue S, Tacoma

Listing Broker: COMPASS; Michael Haas; 408-439-7873; Michael.Haas@compass.com

2600 Thorndyke Avenue W, Seattle
$2,800,000
2593827 MLS ⋅ ACTIVE Status
This well located 22-unit apartment building sits on a 21,860 square foot LR3 (M) zoned lot in Seattle's Magnolia neighborhood. On the market for the first time in 40 years the building was built in 1954 and offers 22 open one-bedroom units, a common laundry room, 24 storage units, 10 open parking stalls and a community barbecue area. Property has been self-managed for decades, and current rents are well below the market for a small one-bedroom in this submarket, giving a buyer room to add income on turnover. The lot is also a covered land play: a Cone Architecture feasibility study lays out 14 townhomes on this parcel alone, or about 30 across this parcel and the adjoining parcels at 2618 and 2626 Thorndyke Ave W, which are also available. Residents are minutes from Magnolia Village, Discovery Park, Fishermen's Terminal and the Interbay employment corridor, with 15th Ave W, the RapidRide D Line and the Ballard Bridge close by.

2600 Thorndyke Avenue W, Seattle

Listing Broker: Paragon Real Estate Advisors; Michael Urquhart; 206-812-9123; michael@paragonrea.com

415 Main Street, Sultan
$1,330,000
2593147 MLS ⋅ ACTIVE Status
Mixed-use Commercial & Multifamily two story building. 7,036 sq ft rentable area on 9,768 Sq Ft Lot 8 apartments, 3 commercial spaces with 3 bathrooms, one office/retail space 1 bathroom: These are Store Fronts facing Main Street. Apt #5 has private entrance facing east. Studios face North with private entrance. Upstairs units feature access on Northside from exterior stairs & paved private parking lot or common stairwell & hallway entry from Main street. Lot is flag shaped & residential units are accessed from Alder St. with 16 off street parking spaces. Sultan has huge growth & plans for main roadways, along with bike paths and pedestrian paths.

415 Main Street, Sultan

Listing Broker: Skyline Properties, Inc.; Darcy Worley; 425-977-9237; dworleywa@gmail.com

14333 32nd Avenue NE, Seattle
$2,250,000
2591168 MLS ⋅ ACTIVE Status
The Kensington, is 10-unit, three-story apartment building in Seattle's Lake City neighborhood, offered at approximately $214 per square foot. With a in place monthly income of nearly $19,000/mo. Unusually large units set it apart: (6) 2bd/1ba at approx. 1,100 SF and (4) 1bd/1ba at approx. 950 SF, each with a private balcony or patio. The property delivers a 6.20% cap rate today and a 7.54% cap rate at market. Recent capital improvements include a new roof (2023), plumbing upgrades, upgraded common areas, and new storage lockers. The building also has double pane vinyl windows throughout. Only one of the ten units has been renovated, so a buyer has a clear path to growing rents as units turn, with already strong in-place rents of $1,625 to $2,050 against market rents of $1,790 and $2,250 (assuming in-unit washer/dryers). Additional upside comes from charging for the 16 parking spaces and renting out all 9 storage lockers. Large units, a strong cap rate, and ample CapEx improvements all in an attractive and growing market make this a smart investment for anybody looking to expand their portfolio.

14333 32nd Avenue NE, Seattle

Listing Broker: Opal Blue Real Estate, LLC; Grant Fosheim; 425-359-7259; Grant@OpalBlueRE.com

2223 NW 59th Street, Seattle
$3,200,000
2592865 MLS ⋅ ACTIVE Status
Twin Courts Apartments presents an exceptional investment opportunity in Seattle's highly desirable Ballard neighborhood. The property consists of 14 units across two buildings, featuring 10 one-bedroom and 4 two-bedroom apartments totaling approximately 9,408 rentable square feet. The property offers strong in-place cash flow with a 5.9% cap rate and attractive seller financing options. Recent capital improvements include updated electrical panels, newer TPO roofs, and renovations to 5 of the 14 units, providing additional upside through continued interior improvements and rental growth. Situated on two separate parcels totaling approximately 10,000 square feet, the property features covered and surface parking, on-site laundry, and convenient access to Downtown Ballard's restaurants, shopping, breweries, and entertainment. Twin Courts offers investors a compelling combination of stable income, value-add potential, and a prime Ballard location. Seller financing available.

2223 NW 59th Street, Seattle

Listing Broker: Kidder Mathews; Max Frame; 360-705-2800; max.frame@kidder.com

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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