Mckenna Real Estate Search

Mckenna Multi-Family Properties for Sale

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Newest Mckenna Multi-Family Homes for Sale

$950,000
2515196 MLS ACTIVE Status
Meticulously maintained duplex in Puyallup offering a rare investment opportunity with an estimated 5.5% cap rate. Ideal for owner-occupants or investors—live in one unit and generate income from the other, or lease both and expand your portfolio. Built in 2019, this rambler-style duplex sits on over ½ acre at the end of a quiet dead-end street, providing privacy with minimal traffic. Each unit features 2 bedrooms, 2 bathrooms, and just over 1,100 sq ft, along with attached 2-car garages. Thoughtfully designed with modern finishes, including LVP flooring, quartz countertops, stainless steel appliances, ductless mini-split systems, and in-unit washer/dryer. The primary suites include walk-in closets and double vanity sinks, offering both comfort and functionality. A detached shop/garage adds flexibility for additional income, storage, or workspace. Strong rental appeal—one unit already leased (secured within 24 hours)—making this a turnkey opportunity. Additional highlights include ample parking, RV parking with power hookup, and optional rental income from the detached garage. Bonus opportunity: The property is equipped with an additional 200-amp power service, originally planned for an ADU—offering future development potential for added value or income. Conveniently located just minutes from Costco, major freeways, shopping, and dining, this property combines seclusion, modern living, and income potential in one exceptional package.

12926 78th Avenue E, Puyallup

Listing courtesy of John L. Scott, Inc..

$524,900
2509145 MLS ACTIVE Status
Rare Centralia Investment Opportunity with Shops & Garages! Hard-to-find duplex in the heart of Centralia offering flexibility, income potential, and exceptional utility. Each unit features 960 sq ft of living space, with one side offering 2 bedrooms and 1 bath, and the other 2 bedrooms and 1.5 baths—ideal for owner-occupants or investors looking to maximize rental appeal. Current rental income is $2,345/month ($1,275 and $1,070) with rents currently below market, creating future upside potential for investors seeking increased cash flow over time. Both units include attached one-car garages, providing convenience and added value. What truly sets this property apart are the two large shops with additional covered parking—a rare bonus in this market. One shop measures 20x30 with an attached 2-car carport, while the second spans 22x32 with an attached 3-car carport—perfect for hobbyists, contractors, storage, or possible additional income opportunities. The shops, garages, and covered parking spaces offer flexibility that is difficult to find in comparable multifamily properties. Recent exterior paint completed in 2026 enhances curb appeal and reduces immediate maintenance costs. Whether you're looking to live in one unit and offset your mortgage, or add a strong income-producing property with future upside to your portfolio, this property delivers versatility and long-term potential.

1807 N Tower Avenue, Centralia

Listing courtesy of Premiere Property Group, LLC.

$1,299,000
2511743 MLS ACTIVE Status
2 beautiful homes tucked away on nearly 10 acres, surrounded by private forested land on Camano Island. Main home is a 5-bedroom + den/office, 2.5 bathroom, 2-story charmer PLUS a 2-bedroom, 2-bathroom rambler, built w/accessibility in mind. Main home boasts an open kitchen/living area, dining room, French doors, a large partially covered deck off the main living area, & covered farmhouse style porch at the entry. Primary bedroom has private access to the deck, an oversized ensuite w/dual vanity, jetted tub & WIC closet. Upstairs has a large open living room perfect for movie night, w/bedrooms off each corner for ultimate privacy. 2nd home (DADU) offers an open floorplan w/huge, covered deck off the kitchen, large ensuite in the primary bedroom, 2nd bedroom & additional full bathroom. Both homes offer 2-car attached garages along w/ample parking in the driveways. Both homes have been recently updated w/ exterior paint, interior paint, new flooring throughout, & promise not to disappoint. The property also includes an impressive, nearly 2000sf two-story shop (previously used as a craftsman shop) w/built-in retail/office space for your business aspirations, as well as room to build out the upstairs as an apartment. Endless possibilities! All of this w/numerous garden beds, ATV trails, an 8-bedroom septic, private well installed in 2009, & outbuildings, on your own piece of secluded paradise! Seller Inspection available after tour!

2295 S Camano Drive, Camano Island

Listing courtesy of Windermere Real Estate Co..

$1,799,000
2500535 MLS ACTIVE Status
Positioned front & center on the iconic Westport Marina, this prime commercial gem delivers unforgettable views, strong foot traffic, & exceptional opportunity. Versatile mixed-use property combines retail, a charter fishing operation, & residential income potential within a beautifully updated two-level building. The main floor shines with a beloved marina retail shop, 1,480 SF, including a dressing area, expansive counter space, & sweeping waterfront views. Backside is a 1,110 SF charter fishing space, vaulted ceilings, skylights, concrete floors, storage, & a half bath, ideal for an active charter business. Upstairs, a charming 2-bedroom, 1-bath residence offers excellent nightly rental potential, showcasing views of the marina, bay, & the Olympic Mountains. Bright & inviting, it includes a spacious kitchen, abundant cabinetry, & cozy living area hosting picture windows that capture the vibrant waterfront. The property has been well maintained with newer paint, durable hardi siding, updated electrical, & a solid roof, providing confidence & long-term value. Outside, a welcoming covered awning with skylight & bench seating enhances the customer experience & street presence. Located directly across from the docks, fish derby & the heart of Westport’s renowned fishing activity, this property sits in the center of a world-class destination. A rare chance to secure a high-visibility, income-generating coastal investment in one of the marina’s most sought-after positions.

2411 Westhaven Drive, Westport

Listing courtesy of Washington Coast Real Estate.

$7,300,000
2505434 MLS ACTIVE Status
Portage Creek Apartments is a well-maintained 28-unit property located in Arlington, offering investors immediate rent growth with minimal execution risk. It has benefited from significant capital improvements, with 24/28 units already renovated featuring updated flooring, paint, cabinets, and CT. In addition, the exterior has been recently repainted, enhancing curb appeal and reinforcing the asset’s strong physical condition. Despite these upgrades, in-place rents remain below market, providing a clear opportunity to increase revenue without the need for further interior renovations. All units include in-unit W/D and feature large floor plans averaging 1,009 SF, a compelling differentiator in the local rental market. The unit mix is further enhanced by value-added amenities, including several units with attached garages and a total of 14 garages on site, 2 of which are currently utilized by ownership and offer immediate incremental income potential. Most units also feature expansive private decks, adding an outdoor living space that supports tenant retention and higher market rents. With a strong renovation base already in place, investors can focus on mark-to-market rent growth, selective completion of remaining upgrades if desired, and long-term optionality through future redevelopment potential via the excess parking area. Collectively, these attributes position the property as a high-quality asset with multiple, low-friction avenues for income growth and appreciation.

21125 81st Street NE, Arlington

Listing courtesy of Northmarq Multifamily, LLC.

$565,000
2503329 MLS ACTIVE Status
Two units, one smart investment, welcome to your next cash-flowing property in Lakewood! This well-maintained 2,360 sq ft duplex at 5907-5909 111th St Sw offers endless potential for investors, multi-generational living, or owner-occupants looking to offset their mortgage. Each spacious unit features 2 large bedrooms, 1.5 bathrooms, and a bright, inviting living room centered around a cozy fireplace. The layout boasts a large kitchen space with ample storage, plus a separate laundry room and half-bath on the main floor. Upstairs, you'll find two generously sized bedrooms and a full bathroom, providing comfortable separation of space. Situated on a large 8,316 sq ft lot, the property includes a fully fenced yard, newly replaced water heaters, updated bathroom (5909), new carpet, a patio, and abundant parking with up to 8 spaces (including carports). Well maintained to ensure it's move-in ready. In a prime location situated in the desirable Lakeview neighborhood, this duplex is just minutes from Joint Base Lewis-McChord (JBLM), making it a highly sought-after rental. Enjoy walking distance to Clover Park High School, local parks, and the Lakewood Towne Center. Commuting is a breeze with quick access to I-5 and Bridgeport Way. Whether you're looking to live in one unit and rent the other, accommodate extended living, or add a solid cash-flowing asset to your portfolio, this duplex delivers. Don't miss out on this rare Lakewood property!

5907 to 5909 SW 111th Unit #07-09, Lakewood

Listing courtesy of Keller Williams West Sound.

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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