Mckenna Real Estate | Mckenna Multi-Family Homes for Sale

Perched atop Port Susan with expansive views of the Port, Sound, and Mountains sits this lovely 2 bedroom,1.75-bathroom home with 2 defined living spaces. The main floor offers 1 bedroom with loft, living room, kitchen, three-quarter bath, laundry, a brick fireplace, and expansive views from the deck. It also offers garden space and a patio facing West. The lower level offers 1 bedroom, 1 full bath, kitchen & dining area, as well as a one-car garage. It also has a large, covered patio area with beautiful views. Each space has a private driveway as well as private entries. The home has been extensively updated by the current owner to bring out all of its best features, as well as some added modern upgrades. You have not seen a home quite like this one and will absolutely love the use of space. All of this within the Camano Country Club neighborhood which brings with it 3 private beaches, a clubhouse, and community. This property is the perfect opportunity to add to your investment portfolio. This is one you truly need to see to believe. Don't miss the 3D virtual tour!

1857 Cascade View Drive, Camano Island

Listing courtesy of Windermere Real Estate Co..

$1,100,000

2527549 MLS ⋅ ACTIVE Status

Excellent investment opportunity in a convenient Everett location! This well-maintained duplex at 11707 Center Rd offers strong upside potential with both units fully occupied by long-term tenants on month-to-month leases. Current rents are below market, providing an immediate opportunity for increased cash flow and future value growth. Each spacious unit features 3 bedrooms, 2 bathrooms, and an attached 2-car garage, making them highly desirable for tenants seeking comfort and functionality. The property is designed for low maintenance ownership, ideal for both seasoned investors and owner-investors looking to expand their portfolio. Situated in a desirable location with easy access to shopping, dining, schools, and major commuter routes, this duplex combines stable rental history with future income potential. Discreet viewing only. Please do not disturb tenants. Tenants are unaware the property is being offered for sale. Don’t miss this rare chance to own a solid income-producing property with built-in rental growth potential.

11707 Center Road, Everett

Listing courtesy of Horizon Real Estate.

$549,000

2532420 MLS ⋅ ACTIVE Status

Looking for a smarter way to buy your next home? This duplex in Rochester offers the ideal owner-occupant opportunity, with one existing renter already in place to help generate income from day one. Live in one unit while the rental income from the other helps offset your monthly costs. Whether you’re house hacking, investing, or planning for multigenerational living, this property offers flexibility and long-term potential. Extensive updates completed in 2024-2025 include a full remodel, plus a new roof installed in 2023, giving the next owner the benefit of modern updates and added peace of mind. Conveniently located within walking distance of the grocery store and centrally positioned between Olympia, Centralia, Chehalis, and Elma, this property combines small-town convenience with easy access to surrounding communities.

10341 SW 184th Avenue, Rochester

Listing courtesy of Mountain View Realty Group.

$1,149,000

2532062 MLS ⋅ ACTIVE Status

Ask about seller-paid 2% rate buydown potentially providing 5% interest Located in one of Seattle's most sought-after neighborhoods, this charming Eastlake property presents a rare opportunity for both investors and owner-occupants. Perfectly positioned just minutes from Lake Union, downtown Seattle, South Lake Union, and Capitol Hill, the property benefits from Eastlake's unbeatable walkability, vibrant restaurant scene, coffee shops, waterfront access, and convenient transit connections. The property has a long history of strong occupancy and consistently attracts high-quality tenants thanks to its highly desirable location and neighborhood appeal. Eastlake remains one of Seattle's most resilient rental markets, known for low vacancy and strong rental demand driven by nearby tech and medical employment centers. Currently configured as a legal triplex, the property offers flexible income-producing potential with the opportunity for owner-occupancy while offsetting expenses through rental income. The property also includes additional shared storage and laundry space, along with valuable future upside through its LR2(M) zoning and development potential. Whether you are looking for a stable investment property, a future development opportunity, or a home in one of Seattle's most amenity-rich neighborhoods, this Eastlake property offers exceptional long-term value in a premier location.

267 E Newton Street, Seattle

Listing courtesy of Pacific Crest.

$2,490,000

2532021 MLS ⋅ ACTIVE Status

Leschi Flats is a turnkey asset in one of Seattle's most desirable neighborhoods. The property enjoys views of Lake Washington and convenient access to nearby parks, dining, and major employers. It consists of 2 side-by-side fourplexes on individual parcels that showcase a charming vintage aesthetic, thoughtfully enhanced by a 2012 remodel. This extensive renovation included all new plumbing and electrical systems, along with fully updated kitchens, baths, and living spaces. The units offer in-unit laundry and dishwashers. Additional features include high-quality finishes such as Andersen Fibrex windows in most units, fire sprinklers throughout, and secured entry with both front and back access for each residence. The unit mix is comprised of 4 one-bed and 4 two-bed units - all designed as corner units with high ceilings and abundant natural light. Each is individually metered for water with dedicated shutoffs already in place, providing a clear path to implementing a utility bill-back system. Significant upside exists through raising rents and increasing parking/storage fees. There are 9 total parking spaces (8 off-street stalls and a large garage). Additional amenities include a BBQ area and Zen Garden, as well as owner's office and storage space. The property's LR1 (M) zoning and 14,711-SF lot size present a compelling land bank opportunity for future development. In addition, the 2 fourplexes can be financed separately with residential financing.

109 115 30th Avenue, Seattle

Listing courtesy of Kidder Mathews.

$715,000

2530144 MLS ⋅ ACTIVE Status

Built in 2020, this LOW-MAINTENANCE DUPLEX is an ideal HOUSE HACK or LONG-TERM INVESTMENT opportunity. Featuring newer ROOF, PLUMBING, ELECTRICAL, and MECHANICAL SYSTEMS throughout, ownership is simplified with minimal capital expenditure concerns. Each unit offers 3 BEDROOMS, 2.5 BATHROOMS, plus a MAIN FLOOR OFFICE or OPTIONAL 4TH BEDROOM. Interiors feature durable LVP FLOORING, STAINLESS STEEL APPLIANCES, GAS FORCED AIR HEATING, and TANKLESS WATER HEATERS, providing the modern finishes and efficiencies today's renters are looking for. Exterior amenities include LOW-MAINTENANCE HARDIE SIDING, PRIVATE YARD SPACES, and AMPLE PARKING, helping support easy management and long-term durability. Conveniently located near schools and within walking distance to downtown amenities, the property benefits from STRONG RENTAL DEMAND and excellent tenant appeal. Whether you're looking to LIVE IN ONE UNIT WHILE OFFSETTING YOUR MORTGAGE or add a TURNKEY INCOME-PRODUCING ASSET to your portfolio, this property offers LOW MAINTENANCE, STRONG RENTAL POTENTIAL, and LONG-TERM EQUITY GROWTH. A SMART PLACE TO PARK YOUR CAPITAL while tenants help build your wealth. One of Snohomish County's fasted growing communities.

513 4th Street, Sultan

Listing courtesy of KW Everett.

$715,000

2530961 MLS ⋅ ACTIVE Status

Here is your opportunity to own an income producing duplex tucked away on a quiet cul-de-sac in the desirable South Hill area of Puyallup. Each residence offers 2 bedrooms and 1.5 baths with a functional two-story layout designed for comfortable everyday living. Upstairs features two spacious bedrooms and a full bath, while the main level includes inviting living and dining spaces, a well-appointed kitchen, and a convenient half bath. Each side includes its own washer and dryer along with outdoor patio and backyard space. One residence offers a one-car garage, while the other includes a two-car garage, plus additional off-street parking for added convenience and strong tenant appeal. Ideally located near shopping, dining, schools, and everyday amenities with easy access to major commuter routes. An excellent opportunity for investors or owner-occupants seeking flexibility and long-term value in a strong rental location. Both residences are tenant occupied. Please allow 48-hour notice for showings. Possible VA assumable loan if buyer is qualified

13908 107th Avenue Ct E, Puyallup

Listing courtesy of John L Scott RE West Seattle.

$6,000,000

2526962 MLS ⋅ ACTIVE Status

31-unit multifamily community situated in Seattle’s desirable Interbay/ Queen Anne area. Golfcrest offers investors meaningful renovation value-add upside, and seller financing is available for qualified buyers. The proposed seller financing terms are 5% interest-only rate, 25% down payment and a 5-year term. The property is comprised of a diversified unit mix that includes studio, one-bedroom, two-bedroom, and a Penthouse unit, making it well positioned to serve a broad tenant base in one of Seattle’s most supply constrained submarkets. Roughly 50% of the units have had the flooring replaced with LVP floors. Replacing the remainder of the flooring and improving the kitchens and bathrooms will result in a significant increase in rent. The property has been owned by the same family for the last 31 years. Ownership has spent over $225K in capital improvements over the last couple of years. These improvements reduce near-term capital expenditure risk while preserving the opportunity for an incoming investor to execute a targeted unit renovation program and capture meaningful rental upside.

2629 2633 14th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,400,000

2530629 MLS ⋅ ACTIVE Status

Rare corner lot development or renovation opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. Zoned LR2(M), this 3,600 SF corner parcel features an existing ~5,500 SF two-story structure that served as a neighborhood anchor for over four decades. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional site utility and flexibility. Newer multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation and strong momentum in this neighborhood. Ideally situated within walking distance of Swedish Hospital Cherry Hill, Seattle University, and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for the area. Buyer to verify all zoning, permitting, and development feasibility

601 21st Avenue, Seattle

Listing courtesy of Asay Realty.

$2,125,000

2530607 MLS ⋅ ACTIVE Status

108 Kensington S offers investors stable day-one cash flow, supported by in-unit washer and dryer in every unit, a highly desirable amenity that drives tenant retention and consistent rental demand. The property features a highly functional unit mix of one-bedroom and two-bedroom apartments. New ownership can benefit from proven operations while continuing to capture upside through rent optimization and streamlined management. The property benefits from immediate access to State Routes 167 and 516, providing seamless connectivity to Interstate 5, Seattle-Tacoma International Airport, and the greater Puget Sound region. Residents enjoy close proximity to Kent Station, the Sounder Train Station, and the ShoWare Center, offering convenient access to retail, dining, entertainment, and commuter transit, along with nearby parks and recreational amenities that enhance overall livability. As a major employment hub in the Pacific Northwest, the Kent Valley is home to over 12,000 businesses and a strong concentration of industrial and aerospace jobs. Major employers including Boeing, Amazon, Blue Origin, and REI continue to drive population growth and rental demand. With direct rail service to both Seattle and Tacoma, 108 Kensington S is well-positioned to attract residents seeking affordability, accessibility, and proximity to major employment centers.

108 Kensington Avenue SW, Kent

Listing courtesy of Paragon Real Estate Advisors.

$1,299,000

2531014 MLS ⋅ ACTIVE Status

Don't miss this rare opportunity to own a classic mid-century duplex in the highly coveted Olympic Manor neighborhood. Positioned on an expansive level lot directly across street from Soundview playfield, this side-by-side duplex combines timeless character with modern updates. Each spacious residence offers three bedrooms and two bathrooms, refinished hardwood floors, updated electrical, plumbing, and heating systems. In addition each unit has a large garage with additional storage for functionality and convenience. The generous private backyard creates exceptional outdoor living space with room for entertaining, gardening, or play. An outstanding opportunity for investors, multigenerational living, or owner-occupants seeking rental income in one of Seattle’s most established neighborhoods. Unit #1575 will be vacant by Oct. 1st. for easy transition. Full roof replacement in 2015. Home and sewer inspections available upon request. The expansive Soundview Playfield is nearing completion of a major renovation.

1573 NW 90th Street, Seattle

Listing courtesy of Lake & Company.

$1,370,000

2530189 MLS ⋅ ACTIVE Status

Investor opportunity meets peace of mind in this serene, centrally located Edmonds four-plex! Tucked away like a hidden gem, this property offers a tranquil setting with exceptional access to everyday conveniences. Featuring a versatile unit mix of one 3-bedroom, one 2-bedroom, and two 1-bedroom apartments, offering spacious living areas and attractive updates including newer cabinetry, quartz countertops, and stainless steel appliances.Perfect for investors or an owner-occupant seeking a live/rent (“house-hack”) lifestyle, this property is just minutes from transit, ferry access, parks, the waterfront, shopping, and restaurants.Major capital improvements provide added confidence and long-term value, including a new driveway and extensive French drain system installed approximately two years ago—a $70,000 investment designed to proactively manage drainage and protect the property. Additional moisture-control upgrades include two newer commercial-grade dehumidifier/air pump systems serving the lower units, a sump pump system installed in Unit 2, and thoughtful infrastructure improvements implemented to support long-term building performance. With ample parking, strong utility, and major systems already addressed, this property offers a compelling buy-and-hold investment or owner-occupied opportunity in one of Edmonds’ most desirable locations.

9010 236th Street SW, Edmonds

Listing courtesy of The Joseph Group.

$470,000

2510651 MLS ⋅ ACTIVE Status

Excellent rent-ready duplex in highly desirable West Side, Cooper Point location. Ideal for investors or buyers looking to live comfortably in while offsetting their mortgage. Each unit is 1,170 SF (including 1-car garage) with 2 bedrooms and 1 bathroom, guest parking on a quiet cul-de-sac. This cozy home features a large galley kitchen, dining room, spacious living room and a one-car garage with a laundry room and washer and dryer hookups. Double pane windows keep the elements at bay while the beautiful natural surroundings create a tranquil atmosphere. Both units are occupied. The first unit (#A) is month-to-month and rented at $1600/month. The second unit (#B) is occupied and rented at $1450/month on a month-to-month lease. Located close to schools, shopping, dining, parks and essential services, with easy access to major routes. Unit A: New septic tank (November 2024). Note: The other two duplexes in the cul-de-sac (4416 and 4420) are also available for sale.

4424 NW Ridgewood Court Unit #A & B, Olympia

Listing courtesy of The Rants Group.

$799,950

2527876 MLS ⋅ ACTIVE Status

Exceptional fully rented triplex offering immediate rental income and long-term investment potential with zoning for up to 4 units. This income-generating property has a strong rental history with reliable tenants and low vacancy, making it a smart addition to any investment portfolio. The versatile floorplan includes a spacious upper 3-bedroom, 2-bath unit along with two lower-level units, creating multiple streams of income and future owner-occupant flexibility. Each unit features its own washer and dryer for added tenant convenience. Significant updates include a newer roof installed in 2018 and a new sewer line completed in 2021. The property also offers abundant off-street parking, a valuable feature for tenants and guests alike. Ideally situated near I-5, Hwy 99, downtown Seattle, SODO, Burien, and Sea-Tac Airport, this location provides quick access to major job centers, public transportation, shopping, dining, and everyday amenities. With continued growth and rental demand throughout the Seattle area, this turnkey multifamily property combines stable cash flow, strong location appeal, and future development possibilities in one compelling investment opportunity.

10033 Des Moines Memorial Drive S, Seattle

Listing courtesy of John L. Scott, Inc.

$870,000

2530515 MLS ⋅ PENDING SHORT SALE Status

7542 Roosevelt Way NE, Seattle

Listing courtesy of RE/MAX Northwest.

$699,000

2529709 MLS ⋅ ACTIVE Status

Incredible Investment Opportunity in Lowell! Private & versatile duplex with massive garages tucked away in a private, serene setting within Everett’s desirable Lowell neighborhood, this accommodating duplex offers an exceptional opportunity for savvy investors! Rent both or live in one and rent the other. Each spacious 2-bed, 1-bath unit features a comfortable layout, a welcoming living room, and a primary bedroom with a large closet and the ultimate highlight- an enormous, finished 806 sq ft 2-car tandem garage with abundant storage! Comfort is guaranteed year-round with separate gas forced-air furnaces (Unit A updated in 2022) complemented by efficient ductless mini-split systems (3 heads per unit: one in each bedroom and the living room). The property boasts low-maintenance Hardiplank siding, durable composite decking with aluminum railings, retractable awnings, and a fully fenced side yard with dedicated garden beds on the north side. Inside, Unit B shines with updated modern vinyl flooring, granite countertops, built-in cabinetry, stainless steel appliances and new two panel solid wood doors. Unit A features solid wood doors, and a beautifully remodeled full bath featuring a single vanity and dedicated laundry. Separate gas and electrical meters, individual strapped hot water tanks, and a highly accessible location make this Lowell duplex a rare find!

2320 Ravenna Street, Everett

Listing courtesy of Redfin.

$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.

$849,950

2528928 MLS ⋅ ACTIVE Status

Rare opportunity to own a newer duplex featuring 3 large bedrooms plus a bonus room, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

3120 Ponderosa Street NE, Lacey

Listing courtesy of Blue Summit Realty LLC.

$4,000,000

2527028 MLS ⋅ ACTIVE Status

The property consists of 19 one-bedroom / one-bathroom units, one one-bedroom + office / one-bathroom, and one three-bedroom / two-bathroom unit, totaling 14,975 rentable square feet across three stories of wood-frame construction. The property has been meticulously maintained during the current ownership and this is the first time the property has been marketed in 33 years. Current rents average below market across the portfolio, with one-bedroom units running approximately 6% below comparable market rents and the three-bedroom unit carrying meaningful additional upside. An investor operating the building at market rents and fully charging for parking and storage will bring the proforma cap rate to 7.0% with minimal capital needed. The building has been meticulously maintained throughout the current ownership. In 2016, elastomeric waterproof paint was applied to the rockcrete siding, the roof was replaced in 2019 along with the main water supply line, and in 2023/2024 the main sewer drain line and underground cast iron plumbing was replaced. Interbay 21 Apartments offers convenient access to major public transportation routes while being in close proximity to the employment centers, dining, retail, and neighborhood amenities of Queen Anne, Ballard, Interbay, and Magnolia. The building’s location on a quiet residential street provides a strong lifestyle appeal for its tenants and will be highly desirable for future tenants as well.

2820 15th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$849,950

2528936 MLS ⋅ ACTIVE Status

Rare opportunity to own a newer duplex featuring 4 large bedrooms, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

3112 Ponderosa Street NE, Lacey

Listing courtesy of Blue Summit Realty LLC.

$590,000

2529777 MLS ⋅ ACTIVE Status

This Central District charmer was once used as part of Lowell Elementary and now this historical home can be yours! Walk to UPS and 6th Ave while enjoying a beautiful neighborhood. This duplex's roof was replaced 5 years ago and recently updated 3 bedroom upstairs unit with new skylights, flooring, and appliances replaced in the past five years. The ground floor offers a large and spacious living room and spacious bedrooms. There is plenty of parking as well with an oversized 2 car garage and driveway. With great long term potential, this fully fenced corner unit home can be a great portfolio hold for years or a great place to live for an owner occupier. New furnace installed upstairs 08/26.

3322 3324 S 10th Street, Tacoma

Listing courtesy of Coldwell Banker Danforth.

$2,500,000

2528093 MLS ⋅ ACTIVE Status

Located along a quiet residential street between the vibrant 15th Avenue and 19th Avenue commercial corridors, Mod 19 offers residents immediate access to Capitol Hill’s restaurants, coffee shops, boutiques, grocery stores, and neighborhood amenities. Broadway, the Pike/Pine Corridor, Volunteer Park, and the Capitol Hill Light Rail Station are all within close walking distance, providing convenient access to Downtown Seattle, South Lake Union, the University District, and SeaTac Airport. Situated on a 4,000 square foot LR3-zoned lot, the property consists of eight thoughtfully designed units including four studios averaging approx. 255 SF, three 2BR/1BA units averaging approx. 620 SF, and a two-story penthouse 2BR/2BA unit totaling approx. 923 SF with expansive city, lake, and mountain views from the living room and private rooftop deck. The property features modern finishes throughout including granite countertops, stainless steel appliances, in-unit laundry, tile bathrooms, vinyl plank flooring, and large dual-pane vinyl windows. Additional features include hydronic radiant floor heating, individual hot water tanks, and modern electrical, plumbing, roofing, siding, and window systems consistent with newer construction standards. With modern design, durable construction, and an irreplaceable Capitol Hill location, Mod 19 Apartments offers investors a compelling combination of strong tenant demand, operational efficiency, and long-term appreciation potential.

1814 E Denny Way, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,775,000

2525348 MLS ⋅ ACTIVE Status

$126K PER UNIT & 6.44% CAP RATE | Gen Villas is a cash-flowing value-add 14-unit apartment community situated on 2.62 acres in a serene creek-side setting surrounded by lush greenery in Lakewood, located less than 2 miles from Joint Base Lewis-McChord, Pierce County’s largest employer. The property consists of 14 units across two separate buildings: a 6-unit building located at the front of the property, originally constructed in 1972, and an 8-unit building situated at the rear of the property, built in 1955. The unit mix includes one 4-bedroom / 3-bathroom unit, one 3-bedroom / 1-bathroom unit, three 2-bedroom / 1-bathroom units, and nine 1-bedroom / 1-bathroom apartments. Seven units at the property have been updated to a similar finish level as photographed in Unit 5, featuring luxury vinyl plank flooring, fresh interior paint, and newer kitchen appliances and cabinetry. The opportunity exists for new ownership to complete cosmetic renovations to the remaining 7 units and increase rents approximately 17% to market. A Additionally, Units 1, 2, and 4 include in-unit washer and dryer stacks, while the remaining units benefit from access to an on-site community laundry facility. Residents benefit from an ample supply of off-street parking, including 6 carports and 3 surface parking stalls serving the front building, as well as an additional 16 surface parking stalls designated for the rear building.

12413 Bridgeport Way SW, Lakewood

Listing courtesy of Blake Investment Advisors.

$1,350,000

2528658 MLS ⋅ ACTIVE Status

Welcome to this seaside West Seattle tri-plex with views! Great investment opportunity in this street-to-street corner lot with Sound & Olympic Mountain views. The CUTE and well-maintained units include TWO: 2 bed/1bath units with fireplaces, attached garages plus off-street parking and ONE: studio unit. Each unit has dedicated outdoor patios or garden space, plus all units share the front lawn with views. Shared laundry room & basement storage. TWO units are clean & vacant ready to rent or are perfect for the savvy owner occupant. Land bank for future development potential with LR2 (M) zoning. Tenants will enjoy accessibility to waterfront parks, restaurants, shopping, Alki Beach, & transit.

3604 Beach Drive SW, Seattle

Listing courtesy of Windermere West Metro.

$1,250,000

2529127 MLS ⋅ ACTIVE Status

Everett 4 Unit: 6.36% cap rate. All units are 2BD/1BA at 850 SF each (3,400 NRSF) on a 6,098 SF lot. Infrastructure highlights include a 4-year-old roof, copper and ABS plumbing, and GE electrical panels, minimizing near-term cap-ex and providing peace of mind for the incoming investor. Units feature forced air heating, on-site laundry, and two units have back patios. 10 parking spaces (2.5/unit) adds convenience and tenant retention value. Upside available through strategic market rent adjustments as the surrounding Everett market continues to grow — making this an ideal core hold for any investor seeking steady income with long-term appreciation potential.

3116 18th Street, Everett

Listing courtesy of COMPASS.

$749,950

2528177 MLS ⋅ ACTIVE Status

Prime investment opportunity! Beautifully renovated duplex offering strong income potential and flexible living options. Each spacious 2-bedroom, 1-bath unit features approximately 1,060 SF of modern living space with quartz countertops, stylish kitchens, luxury vinyl plank flooring, smart-home features, updated appliances, and fresh contemporary finishes throughout. Situated on a large lot with ample parking, territorial views, and potential for a DADU addition (buyer to verify). Ideal opportunity to live in one unit and rent the other, or add a turnkey income-producing property to your investment portfolio.

10417 Aqua Way S, Seattle

Listing courtesy of eXp Realty.

$730,000

2521644 MLS ⋅ ACTIVE Status

This turn-key duplex building is fully leased and located in desirable Bonney Lake, just blocks from Lake Tapps and parks. Each unit contains 3 bedrooms, 2 full baths, a bonus room, a washer-dryer and a 2-car garage. The nicely appointed kitchens have dishwashers and abundant cabinet space. Relax or entertain on the deck, patio, or in the fully-fenced rear yard. From an investor's perspective, these modern buildings can make great investments and are located in a peaceful setting. Note: Rents scheduled to increase on 8/1/26 @ "7225" to 1975 + 175 utils = 2040/mo. Rents scheduled to increase on 9/1/26 @ "7223" to 1975 + 175 utils = 2040/mo.

7223 Vandermark Road E, Bonney Lake

Listing courtesy of PPS Homes.

$730,000

2521681 MLS ⋅ ACTIVE Status

This turn-key duplex building is fully leased and located in desirable Bonney Lake, just blocks from Lake Tapps and parks. Each unit contains 3 bedrooms, 2 full baths, a bonus room, a washer-dryer and a 2-car garage. The nicely appointed kitchens have dishwashers and abundant cabinet space. Relax or entertain on the deck, or in the fully-fenced rear yard. From an investor's perspective, these modern buildings can make great investments and are located in a peaceful setting.

7229 Vandermark Road E, Bonney Lake

Listing courtesy of PPS Homes.

$699,950

2528865 MLS ⋅ ACTIVE Status

Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.

1815 Karen Frazier Road SE, Olympia

Listing courtesy of Blue Summit Realty LLC.

$699,950

2528879 MLS ⋅ ACTIVE Status

Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.

1819 Karen Frazier Road SE, Olympia

Listing courtesy of Blue Summit Realty LLC.

$699,950

2528804 MLS ⋅ ACTIVE Status

Like new investment opportunity in the heart of Olympia. This duplex style home features a 3 bedroom, 2.5 bath main home with an attached 2 bedroom, 1 bath ADU. Both homes features solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2022 and exceptionally maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom accents and fenced rear yards. Close to all amenities and freeway access, with top rated Olympia schools nearby.

1823 Karen Frazier Road SE, Olympia

Listing courtesy of Blue Summit Realty LLC.

$2,500,000

2528598 MLS ⋅ ACTIVE Status

Rare investment opportunity in South Seattle! Short sale. Nearly completed 6-unit construction project with strong upside and rental income potential. Major construction is complete, with remaining work including paving, landscaping, parking improvements, and interior finishing touches. Estimated completion costs around $300K. Projected market value upon completion is approximately $3M. Excellent opportunity for builders, investors, or developers looking to finish a high-potential project. Conveniently located 3 minutes to I-90 and a 14-minute walk to Beacon Hill Station with easy access to Seattle, Eastside tech hubs, and Sea-Tac Airport. 84 Walk Score and 75 Transit Score.

2317 22nd Avenue S, Seattle

Listing courtesy of John L. Scott Mill Creek.

$845,000

2527663 MLS ⋅ ACTIVE Status

Rare opportunity to own a well-maintained duplex in the highly desirable Lake Tapps area, tucked away on a quiet dead-end street surrounded by mature trees and a peaceful neighborhood setting. Purchased from builder by sellers in 2003, this property has been an exceptional long-term investment with strong appreciation, reliable tenants, and steadily increasing rental income. Each spacious unit offers nearly 1400 sq ft with 3 bedrooms, 2.5 baths, full-size laundry, large primary suites with walk-in closets, private decks, backyards, and oversized 2-car garages, a combination that has made tenant retention remarkably strong. Current tenant in Unit 1 has been extremely reliable and would like to stay. The previous tenant in Unit 2 remained for 9 years. Unit 2 has recently been refreshed with new interior paint, new laminate flooring throughout the main level, new front-load washer and dryer, new water heater, and new range. Unit 2 also features granite countertops, while Unit 1 offers laminate flooring in the kitchen and dining areas. Entire building received a new roof and gutters in 2026. Neighborhood membership includes access to coveted Church Lake Park on Lake Tapps with private picnic areas, playground, + boat launch access, a rare amenity in an area with limited public lake access. Opportunity for either an investor seeking strong rental appeal and upside potential, or an owner-occupant looking to offset mortgage costs with built-in rental income.

7418 207th Avenue E, Bonney Lake

Listing courtesy of Rethinking Real Estate LLC.

$650,000

2528181 MLS ⋅ ACTIVE Status

Lovely duplex located in the heart of Yelm offering two spacious units, each featuring 3 bedrooms, 2.5 baths, and approximately 1,300 sq ft of comfortable living space. Each home includes a spacious primary suite with private full bath, pantry, washer and dryer, forced-air gas heat, abundant storage, and an attached 1-car garage with opener. The landscaped property also features partially fenced yards for added privacy. One unit has been beautifully remodeled with granite countertops, updated cabinetry, laminate flooring, and modern fixtures throughout. Situated in a quiet community with small-town charm, yet conveniently close to JBLM, shopping, restaurants, schools, parks, golf courses, Lacey, Olympia, and surrounding areas. This property is in an ideal location for both owner-occupants and investors alike.

15334 Berry Valley Drive SE Unit #15332, Yelm

Listing courtesy of Berkshire Hathaway HS NW.

$800,000

2525474 MLS ⋅ ACTIVE Status

Excellent investment property with consistent rental history. Two tax parcels, each unit has 3 bedrooms and 2.5 bathrooms with a 2 car garage. Quality finishes including quartz counters in the kitchen and primary bath, stainless steel appliances, and durable laminate floors. Both units are currently leased. Great Central Vancouver location near Costco, Luke Jensen Park, with easy access to Padden Parkway, I-5, and I-205. Financials available upon request.

4337 NE 87TH Street, Vancouver

Listing courtesy of Windermere Northwest Living.

$850,000

2527561 MLS ⋅ ACTIVE Status

A rare income-producing triplex on an expansive double lot (14,374.8 sq ft) with ADU potential. This property features three fully separate living units — each with its own private entrance, kitchen, and bathroom — offering true independent living and multiple income streams for investors or owner-operators. The main-floor unit includes 6 individually rented bedrooms sharing common living space, generating strong, consistent room-by-room income. The upstairs unit offers 2 bedrooms and approximately 1,000 sq ft of living space. The lower level is a private 1-bedroom apartment, ideal for additional rental income or onsite management. In total, the property offers 9 bedrooms across 3 fully separate units, with strong existing cash flow and significant upside. Additional potential includes reconfiguring existing space for even greater occupancy, plus a detached garage offering storage, parking, or future conversion possibilities. A true triplex with three distinct living spaces, a spacious double lot, and proven income — a standout opportunity for investors in Everett.

3732 Rockefeller Avenue, Everett

Listing courtesy of Real Broker LLC.

$1,090,000

2527527 MLS ⋅ ACTIVE Status

Tucked away at the end of quiet street in a peaceful forested setting just west of 99, this fully-rented cash machine boasts an impressive .19 acre wooded lot with fully-fenced yards & 7 parking spaces. Solid 1979 2-story 4-plex with sweeping covered front porch features identical 2-bedroom 1-bath 790sf units with private washer/dryers & new kitchens, baths, roof & windows just over 10 years ago. Rarely ever vacant with happy, long-term tenants. Super convenient location within walking distance to Swift transit & minutes to I-5, 405 & Lynnwood's new light rail station!

18332 Hurst Road, Lynnwood

Listing courtesy of Upgrade Realty.

$1,600,000

2518037 MLS ⋅ ACTIVE Status

Great Investment!! BRAND NEW SEPTIC!!! AND ONE bedroom apartment! This property brings in strong rental income with an 11% cap rate. 8 units are currently rented with agreements, giving you steady cash flow right away. Two mobile home, Tiny house, 2 bed apartment,7 Rv spots AND Shop/Office currently being used by owner) Plus, the 10 acre parcel can be divided into two 5-acre parcels(Buyers to verify) adding even more value. A rare chance to own a property that makes money now and has big potential for the future!

7245 Kickerville Road, Ferndale

Listing courtesy of eXp Realty.

$1,575,000

2525364 MLS ⋅ ACTIVE Status

This presale 4-unit property at The Ridge offers a versatile opportunity for investors and owner-occupants alike, combining strong rental potential with modern design and a desirable location. Each residence features its own private single-car garage and a thoughtfully designed floor plan that places the main living, kitchen, dining area, and powder room on the second level, creating a bright and open living space. The kitchens are finished with quartz countertops and complemented by durable luxury vinyl plank flooring throughout the main living areas for both style and functionality. Each unit includes a spacious primary suite with a walk-in closet and private ensuite bath, along with two additional bedrooms and a full bathroom + 1/2 bath, providing flexible living arrangements. This property is well-suited for a variety of income strategies, whether expanding a rental portfolio or living in one unit while leasing the others. Located approximately 25 minutes from Bellingham, The Ridge is a pet-friendly community with walking trails throughout, offering a neighborhood feel while remaining convenient to daily amenities. Nearby attractions include local dining, the Blaine Marina, and quick access to I-5 and the Canadian border, making it an excellent option for commuters.

2960 SWEET GUM LOOP, Blaine

Listing courtesy of Doug Freeman Real Estate.

$525,000

2526301 MLS ⋅ ACTIVE Status

Fully remodeled duplex in an excellent central location. Located 2 blocks from Olympic College and less than 1 mi from the Seattle Ferry. Studs-out remodel in 2018, this home features luxury vinyl plank (LVP) flooring throughout. The kitchens offer stainless steel appliances, and rich cherry wood cabinets. A washer and dryer are included for added convenience. Off street parking behind home. A turn-key investment with modern upgrades and reliable income.

1223 11th Street, Bremerton

Listing courtesy of John L. Scott, Inc..

$1,290,000

2526238 MLS ⋅ ACTIVE Status

This income producing building located in an amenity rich pocket of Renton. Brand new roof with many other great improvements. Washer and dryer are in each unit. Easy access to free way and close proximity to both Bellevue and Seattle. The building is two-stories, with nine surface parking stalls in the front and rear of the building. It consists of 4 one-bedroom and 1 two-bedroom units. The property sits on 6,939 square feet of land zoned CV and the building is approximately 3,232 net rentable square feet. It attracts to a wide range of residents. Attractive rental cap.

912 Glennwood Avenue NE, Renton

Listing courtesy of 5 Corners Realty LLC.

$325,000

2526516 MLS ⋅ ACTIVE Status

**Prime South Bend Investment Opportunity** Discover this versatile commercial/residential investment opportunity in downtown South Bend, WA, along US Highway 101. This multifaceted property features four residential units, two commercial/retail spaces, and a large flex space, offering multiple income streams and flexible use options. The residential units include two spacious 2-bedroom, 1-bath apartments, one 1-bedroom, 1-bath apartment, and a studio. Two units and the main-floor commercial area are currently occupied by long-term, month-to-month tenants, providing immediate rental income with flexibility for future owners. The first-floor commercial spaces offer excellent potential for retail, office, service, or other business uses. With year-round demand for both residential and commercial space, this property offers investors the potential for immediate cash flow, diversified income, and long-term appreciation. Located in the heart of historic downtown South Bend, the property combines convenient highway access with stunning views of the Willapa River. Whether you're an experienced investor or new to commercial real estate, this unique property presents an exciting opportunity in a desirable waterfront location.

608 W Robert Bush Drive, South Bend

Listing courtesy of Northfork Realty.

$1,550,000

2525343 MLS ⋅ ACTIVE Status

INCREASED RENTS! $10,998 MONTHLY INCOME | The 10th Street Apartments is a cash-flowing 5-unit multifamily investment opportunity in the charming, historical city of Snohomish, WA. The property features a highly desirable unit mix and full amenity packages, with each unit offering two bedrooms, one bathroom, 988 square feet of living space, in-unit washers & dryers, dishwashers, disposals, wood-burning fireplaces, private decks/patios, off-street parking stalls, and large exterior storage lockers. Over the past five years, the property has undergone significant capital improvements, including a new composition roof, Hardie plank siding, Milgard double-pane vinyl windows, and new deck coatings, all completed in 2021. Ask listing agent for marketing brochure!

218 10th Street, Snohomish

Listing courtesy of Blake Investment Advisors.

$599,950

2525707 MLS ⋅ ACTIVE Status

Exceptional multi-family investment opportunity in the heart of South Tacoma’s thriving rental market. Located at 11901 Ainsworth Ave S, this income-producing property offers strong cash flow potential, consistent tenant demand, and long-term upside for investors seeking a high-performing asset.The property features functional unit layouts, ample parking, and convenient access to major commuter routes, JBLM, shopping, dining, and public transportation—making it highly attractive to renters. Tacoma’s continued population growth and limited housing inventory continue to support a strong rental market, positioning this property for stable occupancy and reliable income generation.Whether you're looking to expand your investment portfolio, complete a 1031 exchange, or secure a property with future appreciation potential, this multi-family opportunity delivers the ideal combination of location, rental demand, and cash-flow performance. Don’t miss your chance to invest in one of Tacoma’s most active and growing rental corridors.

11901 Ainsworth Avenue S, Tacoma

Listing courtesy of Coldwell Banker Bain.

$795,000

2525360 MLS ⋅ ACTIVE Status

Centrally located duplex in Bellingham. Close to Barkley and Whatcom Falls Park. Each unit has 3 bedrooms and 2 bathrooms. Each unit also has a 2 car garage. Well maintained and being sold by the original owner. Don't miss out on this great investment opportunity. Unit 2316 just updated. No Lock Box.

2316 Xenia Street, Bellingham

Listing courtesy of Birch Bay Realty Inc..

$595,000

2525145 MLS ⋅ ACTIVE Status

This newer-construction duplex presents an outstanding opportunity for an investor or owner-occupant. One unit is currently vacant and ready for immediate move-in, while the second unit is occupied on a month-to-month lease, providing immediate cash flow with flexibility to adjust as needed. Located in the charming waterfront town of Allyn—just minutes from Lakeland Village Golf Club and the local boat launch—each side of the duplex offers a spacious 3-bedroom, 2.5-bath layout. Both units feature modern open-concept designs, stainless steel appliances, attractive wood cabinetry, and generous kitchen islands that appeal to today’s tenants (or make for comfortable living). With low-maintenance construction, a strong rental history, and solid income potential in a growing market, this property is ideal for someone looking to live in one unit while renting out the other, or for an investor seeking reliable returns. A rare chance to acquire a high-performing, turnkey duplex in a desirable location.

19015 E State Route 3 Unit #A-B, Allyn

Listing courtesy of Hawkins Poe.

$599,000

2525146 MLS ⋅ ACTIVE Status

This newer-construction duplex presents an outstanding opportunity for an investor or owner-occupant. One unit is currently vacant and ready for immediate move-in, while the second unit is occupied on a month-to-month lease, providing immediate cash flow with flexibility to adjust as needed. Located in the charming waterfront town of Allyn—just minutes from Lakeland Village Golf Club and the local boat launch—each side of the duplex offers a spacious 3-bedroom, 2.5-bath layout. Both units feature modern open-concept designs, stainless steel appliances, attractive wood cabinetry, and generous kitchen islands that appeal to today’s tenants (or make for comfortable living). With low-maintenance construction, a strong rental history, and solid income potential in a growing market, this property is ideal for someone looking to live in one unit while renting out the other, or for an investor seeking reliable returns. A rare chance to acquire a high-performing, turnkey duplex in a desirable location.

19013 E State Route 3 Unit #A-B, Allyn

Listing courtesy of Hawkins Poe.

$599,000

2525132 MLS ⋅ ACTIVE Status

This newer-construction duplex presents an outstanding opportunity for an investor or owner-occupant. One unit is currently vacant and ready for immediate move-in, while the second unit is occupied on a month-to-month lease, providing immediate cash flow with flexibility to adjust as needed. Located in the charming waterfront town of Allyn—just minutes from Lakeland Village Golf Club and the local boat launch—each side of the duplex offers a spacious 3-bedroom, 2.5-bath layout. Both units feature modern open-concept designs, stainless steel appliances, attractive wood cabinetry, and generous kitchen islands that appeal to today’s tenants (or make for comfortable living). With low-maintenance construction, a strong rental history, and solid income potential in a growing market, this property is ideal for someone looking to live in one unit while renting out the other, or for an investor seeking reliable returns. A rare chance to acquire a high-performing, turnkey duplex in a desirable location. This particular unit is priced higher than the neighboring duplexes due to the extra parking.

19019 E State Route 3 Unit #A-B, Allyn

Listing courtesy of Hawkins Poe.

$575,000

2525050 MLS ⋅ ACTIVE Status

Prime multi-family investment opportunity in a high-demand Tacoma rental corridor. This income-producing property at 1205 130th St S offers investors the chance to secure consistent cash flow with strong occupancy potential and future appreciation upside. Featuring well-designed units, practical layouts, and desirable outdoor space, this property is positioned to attract long-term tenants and maximize rental income.Conveniently located near JBLM, major highways, shopping centers, schools, and public transit, the location supports continued tenant demand and stable returns. Ample parking and easy access add to the property’s overall appeal for both tenants and investors alike.Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a strong-performing asset with value-add potential, this Tacoma multi-family property delivers an excellent combination of cash flow, location, and long-term investment opportunity.

1205 130th Street S, Tacoma

Listing courtesy of Coldwell Banker Bain.

$550,000

2525044 MLS ⋅ ACTIVE Status

Excellent multi-family investment opportunity in South Tacoma offering strong cash flow potential and long-term upside. Situated on a spacious lot, this property features multiple income-producing units with functional layouts, comfortable living spaces, and strong rental appeal. Investors will appreciate the opportunity to generate steady monthly income while benefiting from Tacoma’s continued rental demand and growth.The property offers ample parking, outdoor space, and convenient access to shopping, schools, public transportation, JBLM, and major commuter routes—making it highly attractive to tenants. Whether you’re expanding your portfolio, house hacking, or seeking a value-add opportunity with future upside, this property presents flexibility and income potential in a desirable location.A rare chance to own a versatile multi-family asset with immediate revenue potential and room for future growth.

1206 Tule Lake Road S, Tacoma

Listing courtesy of Coldwell Banker Bain.

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