Mckenna Real Estate | Mckenna Multi-Family Homes for Sale

We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth. It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, L VP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.

3842 D Place SE, Auburn

Listing courtesy of Northmarq Multifamily, LLC.

$750,000

2502777 MLS ⋅ ACTIVE Status

Great investment opportunity in University Place. This property comprises three units, designed to cater to a range of tenants—from cozy studios to a spacious 4-bedroom home. The interiors have been recently upgraded with LVP flooring, appliances, and in-unit washer/dryers. Below market rents offer room for growth. Whether you’re a seasoned investor or just starting out, this property presents an excellent opportunity to grow your portfolio. Act now and secure your foothold in this thriving market!

3119 Bridgeport Way W, University Place

Listing courtesy of TS Property Management.

$709,000

2502512 MLS ⋅ ACTIVE Status

Full gut remodel and massive addition in 2006 effectively reset the clock on this triplex — think 2006 construction including electrical and plumbing, not 1905. Updates in 2024 and 2025 mean the big-ticket items are current, low maintenance risk, and the property is ready to continue to perform from day one. Several owner options here including value add buy and hold via rent increases, potentially owner occupy, builders can add value by taking advantage of the RMU zoning and adding units in the large rear area. Buyer to verify all. Three 2 bed, 1 bath, easy to rent units, all clean, bright and airy. Each unit has its own 8x10 storage unit appealing to more tenants. Separately metered units allow tenants to pay elec, garbage, and internet. 48 hour notice for showings, only one unit will be shown but once under contract all units will be made available. Full financials, remodel history back to 2002, reports and permits and leases available upon acceptance of offer and with a signed non-disclosure Financial data in listing is pro forma based on 12 month moving averages. Actual annual rent and income numbers may be higher.

533 Methow Unit #A,B,C, Wenatchee

Listing courtesy of CB Cascade RE - Wenatchee.

$799,950

2502194 MLS ⋅ ACTIVE Status

INVESTORS & HOUSE HACKERS - this is perfect for you! Great investment or a primary home that provides income opportunity to offset your mortgage! This 4 plex in South Tacoma checks all opportunity boxes! Each unit is about 850+ SF. There are (2) 2 bed 1 bath units and (2) 1 bed 1 bath units. Upstairs units each have private decks! Updates throughout include some paint, flooring, kitchens, bathrooms, & grounds! Plenty of off street parking off the alley for about 12 cars for tenants & guests! Coin operated on site laundry conveniently for tenants & additional income. There are also 5 large ~10x10 storage units for your tenants & management/owner! Section 8 approved! Minutes away from freeway access, DT Tacoma, bus & train station, shopping, entertainment, food, & more! Don’t miss out on this opportunity!

3572 3574 E F Street, Tacoma

Listing courtesy of Theory Real Estate.

$295,950

2501937 MLS ⋅ ACTIVE Status

Great investment opportunity in South Aberdeen! New roof was installed in 2024. Both units are 2 bedroom and 1 bath. Unit 509 has new carpet. There is a mini split in the living room and wall heaters in the bedrooms. Unit 507 also has a mini split in the living room with baseboard heat in the bedrooms. Excellent rental history. Live in one side and rent the other or just purchase as an investment. Please do not disturb the tenants.

507 /509 S West Boulevard, Aberdeen

Listing courtesy of Riley Jackson Real Estate Inc..

$650,000

2498022 MLS ⋅ ACTIVE Status

PRIME RMF DEVELOPMENT SITE | 4-UNIT POTENTIAL | 2022 TURNKEY RENO Unrivaled investment potential in the heart of the Renton Highlands. Strategically positioned for the forward-thinking developer, 1409 Union Ave NE offers a rare, level ~8,200 SF lot zoned RMF (Residential Multi-Family). Capitalize on Renton’s 2026 density updates with a site primed for a 4-unit project or high-density boutique multi-family stack (Buyer to verify yield and density with City). THE ASSET: Eliminate holding cost headaches. The existing 1,475 SF structure was fully renovated in 2022 with modern laminate flooring, a full contemporary kitchen, and updated systems. This is a turnkey "holding asset" capable of generating immediate rental income while you navigate the entitlement and permitting phase. COMMERCIAL POTENTIAL: The property features 4 dedicated parking spaces and has a long history of professional use. The RMF zoning allows for "Civic and Limited Commercial" uses that support the neighborhood. This is a standout for business owners seeking a standalone office hub or a unique live-work setup. NOTE: Buyer must verify current land use and permit status with the City of Renton for intended commercial occupancy or rental. PRIME LOCATION: Seconds from I-405, Sunset Blvd, and The Landing. Enjoy rapid access to Bellevue and Seattle in a sub-market seeing massive redevelopment. Level lot, RMF zoning, and 2022 high-end renovations. Priced competitively for a swift sale.

1409 Union Avenue NE, Renton

Listing courtesy of Keller Williams Eastside.

$1,050,000

2500007 MLS ⋅ ACTIVE Status

Exceptional duplex investment opportunity in the heart of Lynnwood offering two expansive residences—each featuring 3 bedrooms, 2.5 baths and 1,628 SF of thoughtfully designed living. Each unit lives like a standalone home with spacious open-concept layouts, generous living and dining areas, well-appointed kitchens with abundant cabinetry and seamless indoor-outdoor flow. Upstairs level boasts private bedroom retreats including a spacious primary suite with ensuite bath and additional bedrooms offering flexibility for guests, home office or extended living. Both have 2 car garages and 2 driveway parking spaces. Ideal for owner-occupants or investors seeking strong rental potential, this property delivers modern layouts, generous living areas and functional floor plans. Just minutes to Alderwood Mall, a premier shopping, dining, and entertainment destination, and conveniently located near the Lynnwood Transit Center with expanding light rail access, enhancing long-term appreciation and tenant demand. Easy access to I-5 and I-405 with quick connectivity to major employment hubs including Boeing—as well as Seattle, Bellevue, and the Eastside tech corridor. Lynnwood continues to attract growth with a strong employment base and Edmonds College nearby, supporting consistent rental demand. A rare opportunity to secure a high-performing asset in a rapidly growing corridor—live in one unit and rent the other or maximize cash flow in a location poised for continued expansion!

14926 40th Avenue W Unit #3, Lynnwood

Listing courtesy of Lions Realty Group.

$1,075,000

2500006 MLS ⋅ ACTIVE Status

Exceptional duplex investment opportunity in the heart of Lynnwood offering two expansive remodeled residences—each featuring 3 bedrooms, 2.5 baths and 1,628 SF of thoughtfully designed living. Each unit lives like a standalone home with spacious open-concept layouts, generous living and dining areas, well-appointed kitchens with abundant cabinetry and seamless indoor-outdoor flow. Upstairs level boasts private bedroom retreats including a spacious primary suite with ensuite bath and additional bedrooms offering flexibility for guests, home office or extended living. Both have 2 car garages and 2 driveway parking spaces. Ideal for owner-occupants or investors seeking strong rental potential, this property delivers modern layouts, generous living areas and functional floor plans. Just minutes to Alderwood Mall, a premier shopping, dining, and entertainment destination, and conveniently located near the Lynnwood Transit Center with expanding light rail access, enhancing long-term appreciation and tenant demand. Easy access to I-5 and I-405 with quick connectivity to major employment hubs including Boeing—as well as Seattle, Bellevue, and the Eastside tech corridor. Lynnwood continues to attract growth with a strong employment base and Edmonds College nearby, supporting consistent rental demand. A rare opportunity to secure a high-performing asset in a rapidly growing corridor—live in one unit and rent the other or maximize cash flow in a location poised for continued expansion!

14926 40th Avenue W Unit #2, Lynnwood

Listing courtesy of Lions Realty Group.

$499,950

2502046 MLS ⋅ ACTIVE Status

Incredible opportunity to own 2 adorable homes on one lot- zoned COMMERCIAL. Be a part of this thriving and growing community. Both homes are well maintained and updated. New siding (partial) in 2020 and new exterior paint. Low maintenance private fully fenced yard, front and back .Great walkability to all that the town of Burlington has to offer with this great location in the heart of town. Perfect for investor or first time homeowner. Easy to rent and interiors are in great shape. Includes storage building. Low vacancy, great tenants Charming interior and open floor plans. Perfect for investor to live in one and rent the other while building portfolio, Or rebuild as mixed use! SELLER FINANCING! This one won't last!

811 & 813 E Fairhaven Avenue, Burlington

Listing courtesy of COMPASS.

$999,999

2501776 MLS ⋅ ACTIVE Status

Rare redevelopment opportunity in Burien on Des Moines Memorial Drive South. Two tax parcels sold together totaling 23,784 SF, zoned MU-2 — permitting up to 65 feet in height with no FAR cap. Qualifying mixed-use buildings may achieve up to 85 feet. This corridor zoning is purpose-built for midrise mixed-use development and represents one of the more compelling land opportunities in South King County. Three tenants currently in place: two residential homes and a commercial space leased to a motorcycle business, producing $2,900/month gross. Level street-to-street lot with frontage on both Des Moines Memorial Dr S and Roseberg Ave S. Easy access to Sea-Tac Airport, I-5, and SR-509. Minutes to North Sea-Tac Park, shopping, dining, and transit. Ideal for a developer, investor, or owner-user. Shown by appointment with accepted offer or signed LOI. Do not disturb tenants. All information deemed reliable but buyer to verify to buyer's satisfaction.

12644 Des Moines Memorial Dr, Burien

Listing courtesy of John L. Scott, Inc..

$2,650,000

2501659 MLS ⋅ ACTIVE Status

Rare add-value multifamily investment opportunity in Lacey! This well-maintained portfolio includes 3 tax parcels with 13 total units: one parcel features a single-family home and a 4-plex, while the other two parcels each include a 4-plex. All units are fully occupied with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.

1608 Ruddell Road SE, Lacey

Listing courtesy of TS Property Management.

$1,175,000

2501685 MLS ⋅ ACTIVE Status

Rare add-value multifamily investment opportunity in Lacey! Features fully occupied a single-family home and a 4-plex with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.

1608 Ruddell Road SE, Lacey

Listing courtesy of TS Property Management.

$775,000

2501702 MLS ⋅ ACTIVE Status

Rare add-value multifamily investment opportunity in Lacey! Features fully occupied 4-plex with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.

1701 Ruddell Road SE, Lacey

Listing courtesy of TS Property Management.

$775,000

2501707 MLS ⋅ ACTIVE Status

Rare add-value multifamily investment opportunity in Lacey! Features fully occupied 4-plex with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.

1702 Judd Street SE, Lacey

Listing courtesy of TS Property Management.

$899,950

2500500 MLS ⋅ ACTIVE Status

Well-maintained fourplex in Federal Way. Each unit features 2 bedrooms, 1 bathroom, a functional floor plan, fireplace, private balcony or patio, and in-unit washer and dryer, providing comfort and convenience for tenants.Property includes dedicated covered parking for each unit, additional uncovered parking spaces, and guest parking. Two units have been recently renovated, offering updated interiors and potential for increased rental income.The property has a strong rental history with long-term tenants, supporting stable and consistent income. On-site professional management is in place, and HOA rules do not allow for self-management.Conveniently located near shopping, dining, schools, and parks, with easy access to I-5 and Hwy 18, making it a desirable location for tenants and commuters alike. Ideal for investors seeking stable cash flow, low deferred maintenance, and long-term appreciation.

34214 1st Place S, Federal Way

Listing courtesy of RSVP Brokers ERA.

$1,434,000

2499588 MLS ⋅ ACTIVE Status

Quality-built 4-plex on a 12,633 sq. ft. lot. On a greenbelt. Ocean view across the street.1 mile to the beach. Saltwater breeze reaches units. Oversized patios & balconies. Soundproof bubble concrete subfloors; see picture. Hardwood floors. Granite countertop. New double-thick glass windows. New doors and millwork. 2 new bathtubs & all faucets. New gutters and downspouts. New Aqua-Pex water line. Walk to school. 5 miles to Alderwood Mall, I-5, 405. In an area of multi-million-dollar houses. 2 coin op laundries. 4 storage units, 8 personal parking spaces. Only 6 tenants, no pets. Gross scheduled: $106,872. Proof of funds.

14025 61st Place W, Edmonds

Listing courtesy of List4FlatFee.com, LLC.

$1,194,999

2500941 MLS ⋅ ACTIVE Status

Motivated seller invites you to experience this thoughtfully updated water-view home, then stroll along the private community beach just moments from the front door. Launch a kayak, beachcomb the shoreline, or simply watch boats, harbor seals, bald eagles, and the ever-changing marine life of Colvos Passage become part of everyday living. Inside, peaceful water views are framed by a wall of windows that fills more than 3,100 SF of flexible living space with natural light. Zoned as a duplex, the home offers exceptional versatility with a walk-out lower level featuring a separate entrance, dedicated parking, private outdoor living space, and an adaptable floor plan. The open-concept main level showcases a gas fireplace framed by illuminated built-ins, a chef’s kitchen remodeled in 2022, and a casual dining nook. The spacious primary suite offers water views, private deck access, a walk-in closet, and an ensuite bath with soaking tub. Remodeled in 2023, the lower level includes a beautifully updated full kitchen, comfortable living spaces, bedrooms, baths, a covered patio, and independent climate control. Each level has its own washer and dryer. An attached two-car garage, generous storage, and a peaceful North Gig Harbor setting approximately 10 minutes from Highway 16 complete the home. Seller welcomes all reasonable offers.

12421 6th Avenue NW, Gig Harbor

Listing courtesy of Windermere Prof Partners.

$879,000

2499387 MLS ⋅ ACTIVE Status

Lender-Paid 1-0 Temporary Buydown available with Preferred Lender on a Conventional Loan! Whether you're looking to offset your mortgage by living in one unit or expand your investment portfolio, this University Place duplex delivers exceptional flexibility. Vacant Unit B is ready for immediate occupancy or leasing, while spacious layouts, attached garages, and a private setting create a lifestyle rarely found in multifamily properties. Recent improvements include exterior paint, a newer furnace, and water heater for added peace of mind. Seller is offering a $4,000 credit at closing as an added incentive for the next owner. Conveniently located just minutes from UP Town Center, Chambers Bay, parks, shopping, dining, Tacoma, and JBLM, this is a unique opportunity to own in one of the area's most desirable communities.

3023 Bridgeport Way W Unit #B, University Place

Listing courtesy of Hawkins Poe.

$578,000

2499367 MLS ⋅ ACTIVE Status

Great opportunity to own an income-producing investment at the beach! This well-located 4-plex ideally located close to beach approaches, canals, and Damon Point. Each unit features 2 bedrooms and 1.5 baths, The half bath is off the primary bedroom. Functional layouts include full kitchens with all appliances, Dining room, spacous living room with fireplace, plus washer/dryers in every unit. all units are approx 988 Sqft. Tenants enjoy the balconies and small patio spaces, adding to long-term rental appeal. Strong income-producing property with consistent rental demand in a desirable coastal market—excellent opportunity for investors or owner-users looking to build equity at the beach.

555 Sunset Avenue NE, Ocean Shores

Listing courtesy of North Beach Realty OS LLC.

$5,500,000

2495107 MLS ⋅ ACTIVE Status

Grande Terrace is a well-maintained 20-unit multi-family investment consisting of five 4-unit complexes with 2-bed/1-bath floor plans. This property is fully occupied with a stable tenant base and strong cash flow. The property is in excellent condition with recently replaced water tanks and heaters, no outstanding maintenance issues, and minimal owner responsibilities since tenants cover all utilities. This is an ideal turnkey investment for investors seeking passive income and reliable returns in the Tacoma market.

5201 - 5215 S Orchard Street, Tacoma

Listing courtesy of VPMG Property Management.

$528,900

2500041 MLS ⋅ ACTIVE Status

Tacoma Duplex!!! This hard to find duplex offers a ton of opportunities for all buyers!!! Great for generational living, having 2 seperate units! First time buyers, live in one and rent the other for extra monthly income!! Investors duplex has very low vacancy rate and has room to raise the rent, detached garage could be converted into ADU/DADU. Both units have been updated in the last 3 years including flooring, paint in/out, appliances, gutters, roofing, baths, cabinets, and much more!!!! Individually fenced yards are great for pets! This duplex sits on a large corner lot having plenty of parking on site or off street. Located close to shopping and commuting making this duplex that much more enjoyable for owners and tenants!!! DON'T MISS THIS ONE!!!!

3303 S 64th Street, Tacoma

Listing courtesy of John L. Scott R.E. Lake Tapps.

$1,750,000

2499728 MLS ⋅ ACTIVE Status

Opportunity is knocking — loudly — on Sehome Hill! This stunning 5,500+ sq ft American Four Square sits in one of Bellingham's most coveted locations, perched next to Western Washington University and just a short walk to both campus and Downtown Bellingham. With 10 bedrooms and 5 bathrooms across 5 units, the possibilities here are as impressive as the property itself. Live large in the spacious 4-bedroom owner's view suite while the four units below help cover your expenses — or rent all five and let the income do the talking. Behind the classic curb appeal (fresh exterior paint and a brand-new roof) lies a meticulously maintained home with completely updated wiring and plumbing, all units separately metered, and efficient gas hot water heating. Seven off-street parking spaces round out a package that's incredibly rare at this scale and location. Mint condition, modern updates, and true pride of ownership — this one is dialed in and ready for its next chapter.

900 N Garden, Bellingham

Listing courtesy of Muljat Group.

$650,000

2496801 MLS ⋅ ACTIVE Status

Well maintained triplex in the heart of the Lincoln district. Rents are slightly lower than market rate, but building has 100% occupancy. All three units metered separately. Location is great for commuters and/or JBLM.

3827 S K Street, Tacoma

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$725,000

2496839 MLS ⋅ ACTIVE Status

This beautifully updated fourplex is ready for its new owner! Building has been 100% occupied. Location is great for commuters and/or JBLM. Tenants have been long term. Each unit is 2 bedroom 1 bath. Off street parking.

3321 S Asotin Street, Tacoma

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$500,000

2496836 MLS ⋅ ACTIVE Status

Two units in one! Main house is 4 bedrooms/ 2 baths at 1816 square feet. Second building behind house is 3 bedroom/1 bath at 1100 square feet. Both buildings currently are rented, but would be a great property to live in one and rent the second one! Well maintained and recently updated. Location is great for the commuter and/or JBLM. Buildings have had 100% occupancy.

3812 S Thompson Avenue, Tacoma

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$400,000

2496835 MLS ⋅ ACTIVE Status

Lovely duplex in the heart of the Lincoln district. Each unit has its own garage with w/d. Units metered separately. Units were recently updated. Building has had 100% occupancy. Location is great for a commuter and/or JBLM. Walkable to shopping and restaurants. One level living. Both units are 2 bedrooms 1 bath. Currently has long term tenants.

1561 S 35th Street, Tacoma

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$700,000

2498485 MLS ⋅ ACTIVE Status

Great Opportunity with this Performing Duplex Plus Detached Single-Level Home! Perfect for house hacking, multi-generational living, or a wonderful addition to your investment portfolio. Each unit offers 2 bedrooms, 1 bath & functional single-level living, with its own private garage. The detached home is 1,240 SF & each side of the duplex is 948 SF. Situated on a large lot, nearly an acre in size, with potential for future development or expansion (buyer to verify). Well water & septic systems help keep operating expenses low, enhancing your overall returns. Offered at nearly a 6% cap rate with room for rent growth, this property offers both immediate income & long-term appreciation potential in a desirable location for stable tenancy. Opportunities like this don't come often!

9210 9212 204th Street E, Graham

Listing courtesy of Keller Williams Rty Tacoma.

$500,000

2496505 MLS ⋅ ACTIVE Status

Well-kept 1970s duplex in the Hearthwood neighborhood with a comfortable, established feel. Each unit has 2 bedrooms, 1 bathroom, and easy single-level living. Both sides include good-sized private backyards. Outdoor storage sheds add extra functionality, and each driveway offers space for RV parking. You’ll notice the brick accents and mature trees throughout the area that give Hearthwood its character. Property is fully occupied with long-term tenants, making this a steady investment opportunity. Convenient location close to shopping, restaurants, and everyday services. Listing agent related to sellers.

202 SE 157th Avenue, Vancouver

Listing courtesy of Windermere Northwest Living.

$1,650,000

2497467 MLS ⋅ ACTIVE Status

Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center.

4902 111th Street SW, Lakewood

Listing courtesy of HDN Real Estate.

$950,000

2497615 MLS ⋅ ACTIVE Status

Outrageous cash-flow opportunity in a prime Hilltop location near the light rail and hospitals! This fully furnished 4-plex offers 2,360 square feet of living space, delivering exceptional income potential. The property features two 2-bedroom units and two 1-bedroom units, all recently updated for modern appeal. The 1-bedroom units each feature en-suite layouts, and one unit even enjoys a rare peekaboo view of Mount Rainier. Major capital improvements have already been completed in the last few years, including roof, sewer, partial plumbing and electrical, and heaters. Additional features include shared washer/dryer, ample basement storage, and strong upside potential. With below-market rents, there is clear room for increased income. The flexible setup creates endless possibilities: continue as furnished rentals, explore short-term rental potential where permitted, and/or owner-occupy while generating strong rental income. Conveniently located with easy access to downtown, major commute routes, and light rail. Add this high-performing income property to your portfolio today.

901 S Grant Avenue, Tacoma

Listing courtesy of Keller Williams Rlty Bellevue.

$400,000

2498193 MLS ⋅ ACTIVE Status

This Duplex is ready to go. New floors, cabinets, counter tops, appliances, plumbing and light fixtures. Both units feature: 1.5 bathrooms, quartz counter tops, water resistant wood laminate floors, central forced air furnace with heat pump for AC, new hybrid electric hot water tank, ventless heat pump dryers, and all new appliances. Centrally located near town, mins to Elma, 20 mins to Montesano, 25 mins to Capital Mall in Olympia. Multifamily is almost impossible to come by in McCleary. Here is your opportunity. Turn key and ready to start generating you money.

332 S Birch Street, McCleary

Listing courtesy of Abbey Realty Inc.

$539,950

2497778 MLS ⋅ ACTIVE Status

2 HOMES plus a spacious SHOP all on one property in the heart of Concrete, perched above the park with incredible views of the Cascade foothills! The main home has been fully renovated and offers 3 bedrooms, 2 bathrooms, and 1,152 sq ft of updated living, featuring a new roof, fresh interior and exterior paint, new flooring throughout, updated windows, and a new mini-split system for year-round comfort. The second residence is a well-cared-for 3-bedroom, 1-bath home with 1,366 sq ft, complete with its own RV parking and hookups, making it a great option for multi-generational living or continued rental income. Both homes are currently occupied, providing immediate cash flow. The property is rounded out by a large shop with approximately 1,463 sq ft of space for storage, projects, or business use. A rare opportunity with versatility, income, and views all in one!

45337 Main Street, Concrete

Listing courtesy of NextHome 365 Realty.

$1,189,000

2494729 MLS ⋅ ACTIVE Status

Well-maintained 4-plex in a prime location within walking distance to Western Washington University. A rare opportunity for investors to secure a consistently rented property in a high-demand area. Each unit features a 2 bed / 1 bath layout with in-unit stack washer and dryer, great natural light, and private deck space—amenities tenants love. Recent updates include new LVP flooring, fresh interior and exterior paint, and new water heaters, providing a clean, modern feel and added peace of mind for future ownership. Originally built as a four-plex, the design offers comfortable separation and privacy for residents. The property also includes carports, additional off-street parking, and a nicely sized yard with clean, low-maintenance landscaping that adds curb appeal. Located in a quiet neighborhood with a trail at the end of the street leading to the arboretum, offering easy access to nature while still being close to campus. Strong rental history and excellent location make this a standout investment opportunity. Add a reliable, income-producing property to your portfolio—opportunities like this near Western don’t last long.

800 E Maple Street, Bellingham

Listing courtesy of COMPASS.

$560,000

2479275 MLS ⋅ ACTIVE Status

This is a 1910 Lumber Baron's home, cape cod/craftsman converted to a 7 Unit Apartment offering a variety of living spaces. 2 one BDR units and 3 studio units on 1st floor and 2 1 BDR units on second floor. Has a strong rental history and is 100% rented. Common area partially fenced lawn with firepit. Includes a storage room currently used for property management storage. Has an onsite shared coin operated laundry room. Rents are currently below market value. This is an attractive investment for those looking to maximize their returns. Quiet street peekaboo view of the water. DO NOT DISTURB TENANTS.

711 N, Hoquiam

Listing courtesy of Coldwell Banker Danforth.

$350,000

2491682 MLS ⋅ ACTIVE Status

Investment Opportunity – Charming Duplex Near DowntownDon’t miss this fantastic investment opportunity! This property features two adorable studio-style duplex units, each approximately 350 sq. ft. Despite their compact size, both units offer a spacious kitchen, large bathroom, and a comfortable living area—perfectly designed for efficient, cozy living.Enjoy relaxing on the front porch, surrounded by a fully fenced yard that includes an amazing greenhouse, multiple raised garden beds, and a large outbuilding—ideal for storage, a workshop, or even a chicken coop.With a strong rental history, these well-maintained units could make excellent long-term rentals or a great Airbnb opportunity. Recent updates include a new roof and gutters, adding peace of mind for years to come.Located on a large lot within walking distance to downtown shopping, restaurants, schools, and conveniently on the bus line—this property combines comfort, convenience, and versatility at an affordable price.

713 N Tower Avenue Unit #A/B, Centralia

Listing courtesy of John L. Scott CNT.

$799,995

2497011 MLS ⋅ ACTIVE Status

South Park income-producing property featuring a beautifully updated Northwest Contemporary home with a basement apartment and detached DADU, offering excellent potential for rental income. The main home showcases vaulted ceilings with exposed beams, warm wood flooring, and abundant natural light. The chef’s kitchen is designed for both style and function with quartz countertops, stainless appliances, farmhouse sink, live-edge shelving, pantry, breakfast bar, and a huge quartz center island, along with skylights that create a bright, inviting space perfect for entertaining. Flexible living includes a main floor bedroom or office, full bath, and main-level laundry. Upstairs you’ll find a spacious primary suite with a walk-in closet and relaxing bathroom with jetted tub. The property also features two income-producing units: a lower-level apartment with kitchen, living room, den, private laundry and bath, plus a detached industrial-style DADU with loft, kitchen, bath and private laundry. Outdoor spaces include a walkout deck, private patio, and thoughtfully designed garden seating areas, along with RV parking, carport, and parking for up to five vehicles. Located in a central South Park location, this rare opportunity is ideal for investors or buyers seeking rental income to offset their mortgage.

1053 S Southern Street, Seattle

Listing courtesy of RE/MAX Extra Inc..

$1,795,000

2496625 MLS ⋅ ACTIVE Status

Great opportunity to own 3 sets of single-level duplexes, 6 units total. Each unit features 2 beds / 1 bath, living room w/ vaulted ceilings throughout, in-unit washer/dryer and a single car garage. Strong reliable rental history with path for new owner to improve rental potential. Duplexes are located in a quiet & walkable residential neighborhood offering convenient living for tenants with Costco, Fred Meyer, shopping, restaurants, parks, Bellingham waterfront, airport & I-5 access all only 5 minutes away. Long term tenants in place. Simple single-level building make this a great first multi-family investment opportunity or addition to your portfolio. Additional set of identical duplexes also listed for sale.

3350 Cherrywood Avenue, Bellingham

Listing courtesy of Windermere RE Whatcom, Inc..

$1,595,000

2495128 MLS ⋅ ACTIVE Status

Great opportunity to own 3 sets of single-level duplexes, 6 units total. Each unit features 2 beds / 1 bath, living room w/ vaulted ceilings throughout, in-unit washer/dryer and a single car garage. Strong reliable rental history with path for new owner to improve rental potential. Duplexes are located in a quiet & walkable residential neighborhood offering convenient living for tenants with Costco, Fred Meyer, shopping, restaurants, parks, Bellingham waterfront, airport & I-5 access all only 5 minutes away. Long term tenants in place. Simple single-level building make this a great first multi-family investment opportunity or addition to your portfolio. Additional set of identical duplexes also listed for sale.

3340 Cherrywood Avenue, Bellingham

Listing courtesy of Windermere RE Whatcom, Inc..

$874,500

2495409 MLS ⋅ ACTIVE Status

Brand-new duplex offering quality construction and durable, high-end finishes throughout. Each unit is 1,694 sf with 3 bed 2.5 bath and a large bonus room which could be used as another bedroom. Very livable design and layout, spacious kitchens with ample storage and pantry, primary suites on the main level as well as a half bath and plus a utility room with washer and dryer. Durable finishes include quartz countertops, stainless steel appliances, full trim around windows, luxury vinyl plank flooring and 3 mini splits providing AC and heat. Upstairs offers two bedrooms and the large loft functioning as a fourth bedroom or flex space. Single-car garage with additional parking in the driveway. Ideally located downtown Everson within walking distance to grocery shopping, banks, parks, bars and dining. Low real estate taxes and strong rental market make this an excellent long-term investment.

110 Baker Street Unit #A & B, Everson

Listing courtesy of Windermere RE Whatcom, Inc..

$7,000,000

2495756 MLS ⋅ ACTIVE Status

Newly available in a highly desirable Edmonds. Inquire about possible seller financing. 12 townhomes priced well below replacement cost at $338 per finished SF, not including the 7368 SF of garages. Triplex structure provides for 8 end units. Originally built in 2008 and previously sold to the current owner, these homes are now being offered to new owners for the first time. Beautiful and spacious tri-level townhouses located in a prime Edmonds location at the corner of 48th Ave W and 164th St SW. This well-maintained contemporary home offers 1,724 SF of comfortable living space with an open floor plan designed for modern living. The large kitchen features granite countertops, quality appliances, and plenty of cabinet space, opening to bright living and dining areas highlighted by hybrid wood flooring and a custom stone gas fireplace. Upstairs, the spacious primary suite boasts a cathedral ceiling, walk-in closet, and a full bath with dual sinks. Two additional bedrooms and a full bathroom provide plenty of space for guests or home office. Additional features include an energy-efficient radiant hydronic heating system, in-unit washer and dryer. Don't miss the ginormous 614 SF 2-car garage with extra space for hobbies and storage. Conveniently located with easy access to Highway 99, I-5, and I-405, and within the highly regarded Edmonds School District. Close to shopping, dining, and everyday amenities. Separately deeded as condos for future individual sale potential.

16415 48th Avenue W, Edmonds

Listing courtesy of Specialty Real Estate Group.

$10,250,000

2495226 MLS ⋅ ACTIVE Status

Cascade School Apartments is a 51-unit historic adaptive-reuse multifamily community originally built in 1922 and thoughtfully redeveloped through 2024–2025, blending timeless architecture with modern residential upgrades. Designed by Tacoma-based firm Hill, Mock & Griffin, the property features high ceilings, expansive windows, and durable construction that create a distinctive living environment rarely found in today’s market. Supported by federal historic tax credits and a property tax reduction, the asset offers an attractive basis, reduced near-term Cap Ex, and improved long-term cash flow stability. Located in the heart of downtown Chehalis along the I-5 corridor between Seattle and Portland, the property benefits from strong regional connectivity, walkable access to local amenities, and a supply-constrained market supported by ongoing downtown revitalization. With four-sided site access, dual entry points, future development potential on the 2.08-acre site, and possible expansion through additional unit development (buyer to verify), Cascade School Apartments presents a rare opportunity to acquire a stabilized, tax-advantaged historic asset with differentiated product and embedded upside.

101 SW 2nd St, Chehalis

Listing courtesy of Lee & Associates Commercial RE.

$779,000

2494752 MLS ⋅ ACTIVE Status

Charming Titlow duplex with detached 3-car garage just blocks to the beauty of Titlow Beach and park. Each 1 bed / 1 bath unit has been refreshed with new interior paint, durable LVP flooring and thoughtful updates to create move-in ready living spaces. New exterior paint for fresh curb appeal and each unit offers its own sewer line and separate gas, and electric meters for efficiency. Great opportunity for income and flexibility- live in one unit while renting the other or lease both for steady returns, with added potential to generate extra income by renting out the spacious 3 car garage for storage or parking. Don’t miss your chance to own this versatile and well-located property!

1536 -1538 S Walters Road, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$485,000

2484270 MLS ⋅ ACTIVE Status

Discover the perfect blend of comfort, flexibility, and investment potential with this charming and well-maintained duplex. Whether you're looking to offset your mortgage by living in one unit and renting out the other, or expand your portfolio by leasing both sides, this property offers exceptional versatility to fit your goals. With a combined total of 1,924 square feet of living space, each thoughtfully designed unit features 2 spacious bedrooms, 1 full bathroom, and its own private garage — providing convenience and added value for both owners and tenants alike. The functional layouts offer comfortable living areas, ample natural light, and practical use of space throughout. Situated on a generous, level 18,731 square foot lot, the property offers abundant outdoor space with endless possibilities — from gardening and recreation to potential future enhancements (buyer to verify). The expansive yard adds privacy, usability, and long-term value that is hard to find. Meticulously cared for over the years, this duplex also had a new roof installed in 2019, providing added peace of mind and minimizing future maintenance concerns. Whether you're an investor seeking reliable rental income or a homeowner wanting built-in earning potential, this property presents a rare opportunity you won’t want to miss!

3201 - 3203 Laurel Lane, Centralia

Listing courtesy of Gateway Real Estate.

$624,000

2494422 MLS ⋅ ACTIVE Status

Steady income potential! Large duplex in Bremerton’s Tracyton neighborhood offering a great mix of space, flexibility, and location. Each 1,520sf unit includes four bedrooms, two full bathrooms, comfortable living and dining areas, in-unit laundry hookups, a covered carport space, and private fenced backyards. One side is occupied by a reliable long-term tenant, while the other has been regularly leased but is now available for showings. Located in a quiet, tucked-away setting with easy access to Central Kitsap schools, military bases, shopping, and outdoor recreation, this property is a dependable option for investors or buyers interested in living in one unit while renting the other.

5726 5728 Tracyton Boulevard NW, Bremerton

Listing courtesy of Windermere RE Bainbridge.

$2,550,000

2493978 MLS ⋅ ACTIVE Status

Rare University District income property with 8-bed main house + newer 3-bed DADU, generating $15,100/month ($181,200/year) in rental income with true zero vacancy. Tenants pay all utilities and the property has undergone significant upgrades including a nearly new DADU, renovated basement, radiant in-floor heat, mini-split, remodeled kitchen and powder room, new electrical and plumbing, and more. Stabilized NOI ˜ $160K with strong rental demand and minimal near or mid-term cap-ex. Listed at $2.55M (~6.4% cap / 14× GRM). Excellent opportunity for anyone seeking durable income in the University District.

5230 16th Avenue NE, Seattle

Listing courtesy of Real Property Associates.

$449,900

2493956 MLS ⋅ ACTIVE Status

Investors and home owners!! Great opportunity to own a duplex in the heart of Wenatchee! Two units: main floor is 3 bd, 1 ba; upper unit is 1 bd, 1 ba, plus unfinished basement. Remodeled upstairs, 2019 roof main house, new electrical, two storage units outside, shared laundry downstairs. Fenced yard with nice space. The property has additional off-street parking. Quick access to downtown by foot, car or bus. Come with your vision to complete the remodel of the downstairs, put your own stamp on this outstanding property.

110 N Delaware Avenue Unit #A/B, Wenatchee

Listing courtesy of Nick McLean Real Estate Group.

$800,000

2493055 MLS ⋅ ACTIVE Status

Turnkey duplex opportunity in the heart of Columbia City that is great for house hacking by living in one of the units or renting out both for cashflow. This well-maintained property features two updated units: Unit A features a 3-bedroom, 1-bath floorplan and Unit B features a 2-bedroom, 1-bath floorplan. Both units are currently tenant-occupied, providing immediate rental income for the next owner. Each unit has been thoughtfully updated with modern finishes with its own individual washer & dryer, helping minimize near-term maintenance while offering comfortable living spaces. Generous interiors and functional floor plans make the property well-suited for long-term rental use. Conveniently located just steps away from the Light Rail, as well as local shops, dining, and parks in Columbia City. A compelling opportunity for investors seeking a well-kept, income-producing property in a central Seattle location. The duplex comes pre-inspected.

5045 37th Avenue S, Seattle

Listing courtesy of COMPASS.

$2,975,000

2493770 MLS ⋅ ACTIVE Status

Rare opportunity to acquire a 6-unit waterfront multifamily asset in one of West Seattle’s most iconic locations. Situated on Alki Ave SW, this property offers unobstructed Puget Sound and Olympic Mountain views just steps from Alki Beach, the Alki Trail, dining, and neighborhood amenities. The property consists of 2 buildings with a strong unit mix, including spacious renovated units averaging approximately 1,200 SF, in-unit laundry, and off-street parking for 8-10 cars. Located on a 12,000 SF LR2(M) zoned lot, the asset presents multiple value-add angles including continued rent growth, long-term hold potential, and possible future redevelopment optionality. Current rents provide upside with renovated units and a premier location that continues to drive strong tenant demand. An irreplaceable Alki waterfront offering with income, scale, and land value in a highly sought-after coastal submarket. Buyer to verify all information to their satisfaction.

1788 Alki Avenue SW, Seattle

Listing courtesy of Kidder Mathews.

$475,000

2493620 MLS ⋅ ACTIVE Status

Great 4-plex investment opportunity! Positive cash flow. Rarely a vacancy. Clean 2-story building. Extensively updated in 2013 including roof and foundation. Vinyl windows. Each unit metered separately for power. Conveniently located in high tenant sought after central Aberdeen location; close to shopping, restaurants and most necessary services. Bus stop nearby. A great property for your portfolio or owner occupant with low down payment options.

307 N E Street, Aberdeen

Listing courtesy of Group 7 Inc., Real Estate Serv.

$1,400,000

2493653 MLS ⋅ ACTIVE Status

The Ballard Seven is a 7-unit apartment complex located just blocks from Ballard High School. The property unit mix consists of (1) Studio, (3) 1 bedroom/1bath and (3) 2 bedroom/1bath apartments. One 2 bedroom apartment is 1,100 sf and features a large rooftop terrace. The apartment interiors have been diligently maintained by the current ownership, which includes recent plumbing and electrical upgrades. This offering presents an investor with a cash-flow positive investment on day 1 with a simple value add path to an above market cash on cash return. The property has historically low vacancy and the current rents are within 10% of market rates which offers an attractive risk profile for an investor.

7329 15th Avenue NW, Seattle

Listing courtesy of Westlake Associates, Inc..

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