Eastlake Homes with 55 - 5-9 Units Style

Eastlake Homes with 55 - 5-9 Units Style

Welcome to Eastlake, one of Seattle’s most charming and vibrant neighborhoods nestled along the shores of Lake Union. Known for its stunning waterfront views and a unique blend of urban amenities and natural beauty, Eastlake is an ideal place for those seeking a lively community atmosphere without sacrificing convenience.

In Eastlake, you’ll find a delightful mix of residential options, including homes in the 55-59 unit style. These residences are perfect for those who appreciate a sense of community while enjoying the perks of modern living. These homes often feature contemporary designs, spacious layouts, and access to beautiful outdoor spaces, making them perfect for families, professionals, and retirees alike.

The neighborhood boasts a rich tapestry of local eateries, coffee shops, and boutique stores, giving residents plenty of options for dining and entertainment. Take a leisurely stroll along the scenic waterfront or enjoy a picnic in one of the nearby parks. The proximity to downtown Seattle ensures that you’re never far from the city’s vibrant cultural scene, with theaters, museums, and shopping just a short drive or bike ride away.

Eastlake is also well-connected by public transportation, making commuting a breeze. With its friendly atmosphere, beautiful landscapes, and diverse community, Eastlake is not just a place to live; it’s a place to thrive. Discover the charm of Eastlake and find your perfect home in this captivating Seattle neighborhood today!

Newest Eastlake Homes with 55 - 5-9 Units Style

$1,950,000
2529447 MLS ⋅ ACTIVE Status
A rare opportunity! Tucked just two streets from the tranquil shores of Lake Union is Yale Properties. One of Seattle's gems-offering a rare blend of neighborhood charm, thoughtful design, and sweeping views of the Seattle skyline, Space Needle, and lake. Yale Properties offers six units. Two 2 bedroom units and four 1 bedroom units. Three enclosed garages out front and four parking spaces at the back of the property plus expansive community deck. Interior blueprint designed with high end appliances, LV flooring, ductless mini split HVAC and modern interior design. Entire building has updated electrical to handle high power loads and provide separate billing for each unit. Strolling through Eastlake feels like stepping into a carefully curated gallery. Classic Victorian homes stand in conversation with sleek modern architecture, while iconic floating homes add a uniquely Seattle dimension to the landscape. Each street tells a story rich with history, character, and quiet sophistication. Residents here share more than just proximity-they share a lifestyle. Weekdays offer seamless access to downtown Seattle, making productivity feel effortless. By contrast, weekends unfold at a slower pace, with kayakers gliding across Lake Union and neighbors gathering at the local farmer's market.

2366 E Yale Avenue E, Seattle

Listing courtesy of North Pacific Properties.

$3,350,000
2529866 MLS ⋅ ACTIVE Status
We are pleased to present Franklin 8 in Seattle’s Eastlake neighborhood! Built in 1967, the 8-unit asset comprises ~7,458 SF and features 8 spacious 2BD, 1BTH units. Each features a private patio or balcony and the large 930 SF floorplans include dedicated dining spaces, large closets, and pantry storage. The top floors units feature Clerestory height ceilings and windows in the living space. 2 units have been fully remodeled and equipped with in-unit laundry, providing the template to realize additional upside in completing renovations on the remaining 6 units. Significant capital improvements have been completed in 2023, including a reseal roof, replaced cedar siding, updated fencing, and improved landscaping. The building also features double paned windows throughout. In addition to its steady in-place performance and renovation upside, the asset presents investors with a unique opportunity to further increase density through the redevelopment of the rear parking lot which should support a 4-story building addition programed either as townhomes or eight potential new apartments (Buyer to verify). Positioned in one of Seattle’s most supply constrained and high-demand rental submarkets, the property supports the execution of multiple strategies for significant value add and upside building on a base of consistent and durable cashflow.

2362 Franklin Avenue E, Seattle

Listing courtesy of Lee & Associates Commercial RE.

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