Carnation Homes with 55 - 5-9 Units Style

Carnation Homes with 55 - 5-9 Units Style

Welcome to Carnation, Washington—a charming gem nestled in the heart of King County. Known for its picturesque landscapes and friendly community, Carnation offers a unique blend of rural tranquility and modern convenience. With the breathtaking backdrop of the Cascade Mountains, this delightful city is perfect for those who appreciate nature and a slower pace of life.

Carnation's homes, particularly those in the 55-59 unit style, are designed to foster a sense of community while providing ample living space for families and individuals alike. These residences often boast contemporary designs, with features that enhance comfort and functionality. Imagine stepping into a home where natural light floods the open floor plan, creating a warm and inviting atmosphere. Many properties also include modern amenities, spacious yards, and easy access to local parks, making them ideal for outdoor enthusiasts.

Living in Carnation means embracing a lifestyle that values both community and nature. The neighborhood is known for its friendly residents and strong sense of belonging, making it easy to connect with neighbors and participate in local events. Enjoy a leisurely stroll along the Snoqualmie River or explore the nearby Tolt River Trail, where you can soak in the stunning scenery and wildlife.

With its rich agricultural history, Carnation also offers a taste of the Pacific Northwest’s finest produce. Local farmers' markets and farm-to-table dining options are just a stone’s throw away, ensuring that you can savor the flavors of the region.

Whether you’re seeking a serene retreat or a vibrant community, Carnation is a wonderful place to call home. Discover the charm of this enchanting neighborhood and find your perfect residence today!

Newest Carnation Homes with 55 - 5-9 Units Style

$1,375,000
2542138 MLS ⋅ ACTIVE Status
Rare opportunity to acquire a six-unit apartment building in Carnation. Seller financing offered with ~35% down and interest-only payments during the first year, allowing the new owner to maximize cash flow while renovating units, increasing rents, and stabilizing the property before principal payments begin. Situated on a 15,152 SF corner lot with R-24 zoning, the property offers future expansion or redevelopment potential (buyer to verify), adding long-term value beyond the existing improvements. Unit mix consists of (3) 2-bedroom and (3) 1-bedroom units. Long-term month-to-month tenants provide flexibility for future improvements and repositioning. Current rents are approximately 40% below projected market rents following renovations, creating exceptional value-add potential. Additional income is generated through the on-site common laundry, and current tenants reimburse the owner for utilities, helping offset operating expenses. Additional features include ample parking, a roof with substantial remaining useful life, and recently replaced upper decks. Ideally located in downtown Carnation, just minutes from Snoqualmie, with convenient access to SR 520, Microsoft, Redmond, and Bellevue. A compelling opportunity to acquire a value-add multifamily asset with flexible financing, strong upside, and long-term appreciation potential in one of King County's most supply-constrained rental markets.

31624 W Rutherford Street, Carnation

Listing courtesy of Real Broker LLC.

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