Magnolia Homes with 56 - 10+ Units Style

Magnolia Homes with 56 - 10+ Units Style

Welcome to the charming neighborhood of Magnolia in Seattle, Washington. Known for its stunning views of the Puget Sound and the Seattle skyline, Magnolia offers a perfect blend of natural beauty and urban convenience.

Magnolia is a vibrant community located in King County, Washington. With its lush greenery, beautiful parks, and proximity to downtown Seattle, Magnolia is a highly sought-after neighborhood for both families and professionals.

If you are looking for a home in Magnolia, you will find a variety of options, including Homes with 56 - 10+ Units Style. These properties offer a unique living experience, combining the privacy of a single-family home with the amenities of a larger complex. Whether you prefer a cozy apartment or a spacious townhouse, Magnolia has something to suit every lifestyle.

Living in Magnolia means enjoying easy access to top-rated schools, trendy restaurants, boutique shops, and outdoor recreational activities. With its friendly atmosphere and strong sense of community, Magnolia is the perfect place to call home.

Don't miss the opportunity to explore all that Magnolia has to offer. Contact us today to find your dream home in this picturesque neighborhood!

Newest Magnolia Homes with 56 - 10+ Units Style

$4,200,000
2566437 MLS ⋅ ACTIVE Status
Constructed in 1959 and comprehensively renovated in 2016, The Edge Apartments is an exceptional 13-unit apartment community offers investors a rare opportunity to acquire a stabilized, turn-key asset in one of Seattle's most desirable rental markets. The extensive renovation modernized the property throughout, including updated plumbing and electrical systems, creating a low-maintenance investment with strong in-place cash flow and long-term ownership appeal. The property consists of 8 one-bedroom and 5 two-bedroom apartments, each designed with finishes that today's renters value. Every unit features quartz countertops, stainless steel appliances, in-unit washers and dryers, and contemporary LVT flooring in the common areas. Select apartments include fireplaces, while the top-floor residences enjoy private balconies with peek-a-boo views of the Seattle skyline and Puget Sound. Residents also benefit from a spacious second-floor patio with a community grill, providing an attractive outdoor gathering space that enhances the tenant experience. The property offers an attractive value-add component through ten individual secured garage and storage spaces. Currently generating approximately $10,800 in annual income, these oversized garages provide immediate supplemental revenue with meaningful upside through rent increases to market rates. The property is well-positioned to capitalize on continued tenant demand for secure parking and storage.

2515 Thorndyke Avenue W, Seattle

Listing courtesy of Westlake Associates, Inc..

$6,225,000
2536846 MLS ⋅ ACTIVE Status
The Magnolia Assemblage offers a new investor the ability to acquire a 3 building portfolio suitable for a value-add opportunity located in a core Seattle area. The current arrangement offers 31 multi-family units plus a single family house. All together the assemblage represents 34,262 square feet of LR3 (M) zoned dirt suitable for a development of +/- 30 townhouses.

2600 -2626 Thorndyke Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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