Phinney Ridge Homes with 55 - 5-9 Units Style

Phinney Ridge Homes with 55 - 5-9 Units Style

Welcome to Phinney Ridge, one of Seattle's most charming and vibrant neighborhoods! Nestled in the heart of King County, this picturesque community offers a unique blend of urban convenience and natural beauty. With its stunning views of the Olympic Mountains and the iconic Space Needle, Phinney Ridge is a haven for those who appreciate both city life and the great outdoors.

Phinney Ridge is known for its welcoming atmosphere, characterized by tree-lined streets, local boutiques, and an array of delightful eateries. Residents often gather at the renowned Woodland Park Zoo or enjoy leisurely strolls through the lush green spaces of the nearby Woodland Park. This neighborhood is perfect for families, young professionals, and retirees alike, offering a sense of community that is hard to find in larger urban areas.

Homes in Phinney Ridge typically showcase the charming architecture of the early 20th century, with many properties featuring 5-9 unit styles that provide a cozy yet spacious living environment. These homes often come with modern amenities while retaining their historical charm, making them perfect for those seeking a blend of comfort and character. Whether you're looking for a quaint condo or a spacious townhouse, Phinney Ridge has a variety of options to suit your lifestyle.

With its excellent schools, proximity to public transportation, and a strong sense of community, Phinney Ridge is not just a place to live—it's a place to thrive. Come discover your dream home in this enchanting Seattle neighborhood, where every day feels like a new adventure!

Newest Phinney Ridge Homes with 55 - 5-9 Units Style

$1,975,000
2520299 MLS ⋅ ACTIVE Status
We are pleased to present Bella Marie, a fully occupied six-unit multifamily property with ground-floor retail located in Phinney Ridge, one of Seattle’s most desirable residential neighborhoods. The property consists of two buildings. The main building, constructed in 1950, houses three one-bedroom apartments, a two-story three-bedroom/two-bath penthouse residence with a private rooftop deck overlooking Green Lake, and ground-floor retail along Phinney Ave. A detached one-bedroom townhome, built in 2004, is positioned above three covered parking spaces, providing added privacy and a distinct rental experience. The main building has been fully rewired with newer electrical panels, and all windows have been updated to double-pane vinyl throughout. Offered at a 5.95% in-place capitalization rate with additional upside to market rents, the asset combines stabilized cash flow with an irreplaceable Phinney Ridge location — convenient to Downtown Seattle, South Lake Union, Fremont, and Green Lake, with strong neighborhood walkability and proximity to Woodland Park Zoo.

6512 Phinney Avenue N, Seattle

Listing courtesy of Northmarq Multifamily, LLC.

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