Mckenna Real Estate | Mckenna Multi-Family Homes for Sale

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..

$3,999,000

2493118 MLS ⋅ ACTIVE Status

Excellent investment opportunity to purchase a 36-unit, single-story, garden-style apartment complex in Centralia, WA. All units consist of 1-bedroom units, which are both well-maintained and have strong historic rental history. Increases in several recently rented units indicate potential for additional rental income. On-site laundry to provide additional income (equipment is owned rather than leased and included in the sale). Property is centrally located in the Centralia-Chehalis area, with I-5 a short 5-minute drive away. Ample parking with both assigned spaces and street parking. All the roofs were replaced and windows upgraded to vinyl double-pane windows in 2015. Priced at $4.45M (or less than 124k/unit), which provides a cap rate of 6.82% based on the current actuals.

1100 S Pearl Street, Centralia

Listing courtesy of Windermere Northwest Living.

$995,000

2491933 MLS ⋅ ACTIVE Status

Set on an expansive 34 acres, this property features three separate units to accommodate all your needs. The original house has been thoughtfully upgraded with a mini-split system and newer roof, offering modern comforts alongside its timeless charm. Stay connected with high speed internet perfect for work or entertainment. Next door is a functional rambler with two bedrooms, a cozy wood stove, and a convenient attached garage for extra space. The converted barn is spacious with well-insulated living quarters boasting three bedrooms and ample room to roam. Additional storage in the barn. Buyer to verify all, Sub tenants rights.

664 Rhoades Road, Winlock

Listing courtesy of Chehalis Valley Realty.

$2,890,000

2492756 MLS ⋅ ACTIVE Status

Multi Gen Living! ~ Also zoned (CB) Commercial Business [Private Elevator] ~ [6,927] Magnificent SF. [7] Bedrooms, including [6] w/private ensuites. [12] Baths total. The panorama is permanent, the address irreplaceable. Two residences. One address. Positioned high above Lake Washington, the water doesn't frame the room. It fills it. From every floor, through every window: shimmering open water, the Olympic Mountains on the western horizon, and Kenmore Air floatplanes tracing arcs across the surface below. The building's height is grandfathered under current zoning. It cannot be built again. Two complete luxury residences, one above the other, both with 11ft crafted tray ceilings with crown molding. Each residence features master-level laundry and a second W/D on the lower level. The Upper Res has a private 3-stop elevator. The Lower Res has the shaft, fully framed, structurally prepped. The bones are there. The decision is yours. The Upper Residence (3,902 SF | 3 bed | 4.25 bath): travertine marble floors with radiant heat, a fully equipped lake-view kitchen served by 2 additional lake-view wet bars, a gas fireplace, a vaulted pavilion with classical columns open to the water, a curved five-window gallery, and a five-piece marble spa bath, Velux skylights, soaking tub, and walk-in shower. The Lower Residence (3,025 SF | 4 bed | 4.50 bath): cherry cabinets, granite countertops, SS appliances, gas range, a gas fireplace, HW floors, and a glass-railed lake-view deck.

6404 NE 181st Street Unit #A&B, Kenmore

Listing courtesy of KW Everett.

$449,950

2492238 MLS ⋅ ACTIVE Status

HOUSE HACKERS - this property is a great way to offset your mortgage living on one side and continue renting the other! INVESTORS - this a great turn key rental to add to your portfolio that even has potential to push rent higher! Unit 1 is a 1 bed 1 bath and Unit 2 is a 2 bed 0.75 bath. The property has been updated with LVP flooring, paint, and appliances! Conveniently located near the Tacoma Link Light Rail, UW Tacoma, Stadium District, Hospitals, restaurants, shops, entertainment, and more! Potential condoization for even more opportunity? Buyer to verify!

1123 S M Street, Tacoma

Listing courtesy of Theory Real Estate.

$750,000

2492608 MLS ⋅ ACTIVE Status

$6,250 per month in occupied rents! Huge 140 x 120 building ready lot with septic already installed! Views of Mt Rainier & the Cascades. Excellent neighborhood with close access to freeways & the Puyallup S.D. Discover this incredible investment opportunity featuring multiple income producing units. This property delivers strong cash flow & is near everything you need! This is a rare opportunity combined with a great location. Main home is 2-bedroom, 1-bath, currently rented at $1,750/month. The 1,800 sq ft heated garage with 600 sq ft of office or additional storage space is currently rented for $2,750/month and offers 2 oversized 14' tall x 12' wide doors, a half bath, fully insulated, ready for engine hoists & equipped with 320 amp power. A fully remodeled 1-bedroom, 1-bath non-conforming ADU, attached to the rear of the large shop, also generates $1,750/month.

7415 100th Street E, Puyallup

Listing courtesy of Terrafin.

$1,300,000

2492452 MLS ⋅ ACTIVE Status

Turn-key 8-unit asset with strong income potential and multiple operating strategies. Property is currently configured as hotel-style studio units, each fully furnished with a full bath and kitchenette, and was previously operated as overflow lodging for a nearby hotel. Units are separately metered for electric, providing flexibility to continue as short-term or extended-stay lodging, or reposition as long-term rentals for more traditional multifamily cash flow. Strong rent-per-square-foot potential with additional value-add upside. Property features 8 ground-level parking spaces plus a second-floor storage room already plumbed for future laundry installation. First time on the market — owned by the original owner with recent roof replacement and major capital improvements already completed. Excellent access to I-5 and Hwy 99, with close proximity to downtown supporting consistent rental demand and long-term investment appeal.

1120 N 91st Street, Seattle

Listing courtesy of Real Broker LLC.

$899,000

2491971 MLS ⋅ ACTIVE Status

Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom, 1-bath units, each offering 1,000 square feet of comfortable living space. Functional layouts, generous unit sizes, and consistent rental demand support strong long-term performance. Property currently offers a cap rate of over 6%, making it an attractive addition to an investment portfolio. Significant capital improvement completed with a new tile roof installed in 2022, providing durability and reducing future maintenance concerns. Conveniently located near major commuting routes, shopping, dining, and everyday amenities. Large unit sizes, solid income potential, and key updates make this a compelling multi-family investment opportunity in a strong rental market. Excellent opportunity for investors seeking stable cash flow and long-term value.

34120 1st Place S, Federal Way

Listing courtesy of Real Broker LLC.

$830,000

2491963 MLS ⋅ ACTIVE Status

Side-by-Side Duplex in Prime Location Near Carkeek Park. Situated on a quiet street, this solid duplex features two spacious units: 10452 with 2 bedrooms/1 bath and 10450 with 3 bedrooms/1 bath. Both offer kitchens with eating areas, hardwood floors, and daylight basements with laundry and ample storage. The basements provide excellent potential for additional finished living space. Strong structure with opportunity for cosmetic updates to maximize value. Currently leased at below-market rents, presenting an exceptional value-add opportunity for investors seeking upside in a desirable neighborhood.

10450 Alderbrook Place NW, Seattle

Listing courtesy of Windermere RE Greenwood.

$629,000

2485400 MLS ⋅ ACTIVE Status

UNIT 'A' VACANT & READY TO SHOW! Duplex Opportunity offering the flexibility to live in one unit while generating income from the other, or add a fully leased property generating $3,475 per month in gross rental income to your portfolio from day one. With limited multi-family inventory in the Chelan Valley, opportunities like this are increasingly difficult to find. Located on a quiet cul-de-sac just moments from the lake, downtown retail, grocery stores, restaurants, wineries, parks, and transit access, this turnkey, income-producing duplex offers a rare combination of location, flexibility, and immediate cash flow. Enjoy a 10-minute walk to Manson Bay Park, with easy access to waterfront recreation, community events, and the heart of downtown Manson. Each unit offers 900 sqft with 2 bedrooms and 1 bath, featuring vaulted ceilings, central heat and A/C, in-unit washer and dryer, private yard space, and off-street parking. These desirable amenities continue to attract and retain quality tenants. One unit is currently leased at $1,700 per month, providing immediate income from day one. For owner-occupants, the opportunity is equally compelling. Live in one unit while rental income from the second unit helps offset ownership costs and build long-term equity. Whether you’re expanding your portfolio, completing a 1031 exchange, or looking for a flexible live-and-income property, this Manson duplex offers a rare combination of income potential, location, and future opportunity.

380 N Shore Court, Manson

Listing courtesy of KW Frontline.

$479,999

2490633 MLS ⋅ ACTIVE Status

EXCELLENT OPPORTUNITY to Own This Fully Updated Tacoma Duplex, in the Heart of Tacoma’s Vibrant Hilltop Neighborhood. Ideal for House Hacking or Expanding Your Rental Portfolio. Two Fully Independent Units with Private and Separate Entrances, Fully Equipped Kitchens, ALL Appliances, Washers and Dryers, and Comfortable Living Quarters. Unit B on the Main Level Has High Ceilings, Two Bedrooms and Large Open Kitchen. Upper-Level Unit A Has One Bedroom and Galley Kitchen. Updates Include Newer Roof, Electrical, and Plumbing, plus Ductless Mini-Split System in Unit B Providing Heating and Cooling. Enjoy Care-Free Backyard, Parking Spaces for Four Cars to Park with Alley Access, Two Cars Tandem for Each Unit. This Duplex Offers Versatility with Ease of Maintenance; it's All Been Done and Ready to Cash Flow! Close to Everything – DT Tacoma, UW Tacoma, Tacoma Dome, Hospitals, I-5, and More. Outstanding Value in a Growing Neighborhood. Don’t Miss This One for Your Portfolio!

2529 S G Street, Tacoma

Listing courtesy of Real Broker LLC.

$700,000

2488016 MLS ⋅ ACTIVE Status

Perched above the street for added privacy, this legal duplex features two carports and exceptional versatility. Each unit is accessed by its own private stairway and offers a bright, comfortable layout with two bedrooms and one bathroom, filled with natural light. The property also includes a coin-operated washer and dryer for tenant convenience and an additional income opportunity for the owner. It provides quick access to public transit for easy commutes to downtown or the Eastside. Conveniently located near schools, parks, I-5, and I-90, this property presents a unique opportunity to live in one unit and rent the other, rent both as a strong investment property, or explore future development potential. Current rents total $3,300 per month. Both units have maintained a 100% occupancy rate for years, making it a solid cash-generating property. A street appraisal of the exterior is acceptable; however, please do not disturb the occupants.

1537 15th Avenue S, Seattle

Listing courtesy of Windermere Real Estate/East.

$599,000

2483383 MLS ⋅ ACTIVE Status

Coastal duplex investment opportunity just steps from the beach! Built in 2019, this well-maintained duplex offers the perfect combination of income potential and coastal living. Each unit features 2 bedrooms, 2 bathrooms, modern finishes, ductless mini-split heating and cooling, private living spaces, and attached garage parking. Situated on a spacious corner lot just a short walk from beach access, the property is also minutes from downtown Long Beach's shops, restaurants, festivals, and year-round attractions. Whether you're looking to expand your investment portfolio, purchase a vacation property with income potential, or occupy one unit while generating rental income from the other, this property offers exceptional flexibility. Currently generating strong rental income with one unit available for easier viewing. Ample parking, low-maintenance construction, and a highly desirable location make this a standout opportunity on the Washington Coast. VA ASSUMABLE LOAN FOR POTENTIONAL QUALIFIED BUYER WHO WANTS TO OCCUPY VACANT UNIT A!

1401 N Ocean Beach Boulevard Unit #A & B, Long Beach

Listing courtesy of Bolderson Realty.

$425,000

2490652 MLS ⋅ ACTIVE Status

Investment alert! Great opportunity to add to your investment portfolio. This duplex is tenant occupied with two spacious 2 bed 1 bath units. Resting on a larger lot, this property is centrally located to schools, shopping, and freeway access, all minutes away.

6604 S Madison Street, Tacoma

Listing courtesy of John L. Scott, Inc..

$1,250,000

2490382 MLS ⋅ ACTIVE Status

Investment opportunity of a lifetime! This property alone is sufficient to be a generational wealth type portfolio. One of the nicest multi-unit properties in the area, a very well kept 10-unit apartment building in a great location. Tucked away in a private spot, accessed by a dead-end driveway, with a paved parking lot and a low maintenance yard. Highly desirable location for renters, only moments away from the school, local gym and City Hall with the Police Department, and also adjacent to storage units. Property can easily be taken over by new ownership - the building is very well kept and can seamlessly continue producing income without any major pressing costs. Solid rental history and consistent tenant demand make this a very stable investment. The property is connected to highly desirable City water and sewer, has a nice outbuilding and a coin-operated laundry room. Paved walkways, fenced back yard, landscaped courtyard - this place is as nice as it gets and there won't be another one just like it.

97 S Elderberry Avenue, Forks

Listing courtesy of Ideal Real Estate.

$1,216,800

2489986 MLS ⋅ ACTIVE Status

Investor-Ready Cash-Flowing Triplex in Meadowbrook’s LR3(M) Growth Zone Fully stabilized 1960 triplex in northeast Seattle’s Meadowbrook neighborhood. Each of the three identical 3-bed/1-bath units is 1,100 SF and leased through 2026-2028. Tenants pay all utilities (electric directly; sewer/water/garbage via RUBS). Each unit has separate laundry, and the property includes seven off-street parking spaces. Capital Improvements (2019–2026): New SquareD panels, GFCI bath/kitchen upgrades, dedicated appliance/bath circuits, targeted heater replacements, PEX refit in Apts. A/C, bathtub re-plumbing, new toilets, new water heaters, new carpet/vinyl flooring, newer kitchen/bath cabinets, appliances, window coverings, interior paint, redirected drainage, and vinyl windows. Deferred maintenance addressed; capex schedule available. Location & Zoning Upside: Meadowbrook (98125) offers residential character and LR3(M) density upside. Rapid bus lines are within a 5-minute walk, Northgate light rail is about a 10-minute drive, and the Burke-Gilman Trail is nearby. Lake City Way adds nearby retail and dining convenience. Target Buyer: Small investor seeking stable cash flow or portfolio buyer consolidating LR3(M)-zoned assets. Clean title, clean books, clean systems. Boundary survey completed in 2018, adding due diligence value.

12317 35th Avenue NE, Seattle

Listing courtesy of MLS4owners.com.

$875,000

2489179 MLS ⋅ ACTIVE Status

2021 built low maintenance townhome style duplex in Ferndale! 3BR/2.5BTH/1416SQ Ft mirrored floor plan. 5 minutes to downtown Ferndale, shopping, restaurants and 2 minutes to I-5. Located halfway between Bellingham and the Canadian border and 15 minutes to BP! Unit 101 lease ends in June and Unit 102 lease ends in May. Could be owner occupied or increase rent. Showings subject to tenant rights 48hr notice. Listing agent to be present during showings.

1817 Eastgate Loop, Ferndale

Listing courtesy of Bellingham Real Estate Company.

$849,950

2489134 MLS ⋅ ACTIVE Status

Gorgeous 60' Canal Waterfront Duplex w/special zoning that allows for Nightly Rentals - Located close to beaches, recreation center, trails & boat launch OR bring your paddle boat or kayak & enjoy the 23 miles of Canal & Lakes from your own backyard! Home features fire sprinklers, concrete driveway & backyard patios with fire pit and 2 hot tubs. Partially fenced yard lends to privacy, as well. Home not only comes fully furnished but all decor stays & personal property - 6 TV's, linens, blankets, towels, dishes, wall hangings - everything stays! Totally turnkey-move in ready. All appliances stay - one washer/dryer exists in Unit A only. There are 2 cozy electric fireplaces & heat/air mini split in each room. Units are classy & you'll love the high vaulted ceilings that permit lofts to be built. Beautiful granite countertops & tasteful cabinetry. Ocean Shores features a fun & peaceful escape from the city - check it out & you'll agree - The Ocean is Calling You! Ask about the low and zero down program available for this Duplex~! Can go VA, too~!

934 Pt Brown Avenue SE Unit #A & B, Ocean Shores

Listing courtesy of Riley Jackson Real Estate Inc..

$799,000

2488498 MLS ⋅ ACTIVE Status

Here is the investment opportunity that you have been looking for! 4 units, including an owner’s unit with 1,700+ square feet, 2 bedrooms, 3 bath, covered deck, 35 x 35 shop with 22 x 55 lean to that is rented. RV parking, single car garage with carport. The other 3 rental units are approximately 840 sq ft each with 2 bedrooms, 1 bath, washer/dryer, carport, small deck off of kitchen, close to town and walkable to post office, library and stores. Shop has bathroom.

45082 Shields Court, Concrete

Listing courtesy of Windermere RE Skagit Valley.

$699,000

2488606 MLS ⋅ ACTIVE Status

Beautiful property in the heart of Tukwila featuring a 4-bedroom, 2-bath primary home plus a detached 1-bedroom, 1-bath ADU, offering excellent flexibility for investors or owner-occupants. The 1,170 sq ft main home and 600 sq ft DADU are both tenant occupied, providing immediate rental income. The detached ADU has been recently renovated with modern LVP flooring and upgraded finishes, creating a comfortable and stylish living space. Situated on a generous 8,696 sq ft corner lot, the property features a spacious, level backyard with plenty of room for outdoor recreation, entertaining, or future possibilities. Ideally located with easy access to I-5 and I-405, making commuting throughout the Seattle area simple and convenient. Just steps from the Light Rail station, providing quick transit access to downtown Seattle, SeaTac Airport, and surrounding cities. A rare opportunity to own a versatile property in a highly accessible location with strong rental potential.

13348 32nd Avenue S, Tukwila

Listing courtesy of Triplar Properties.

$990,000

2488130 MLS ⋅ ACTIVE Status

Great opportunity for investors! Commercial and Multi Family Zoned. Just two lots up from Rainier Ave N, on corner of Victoria/Hardie. Two separate buildings. Five units are ready to go as you wish. Sixth unit can be remodeled in future, to increase cash flow. Most everything has been updated with new carpets, paint, laminate flooring, interior doors, heaters, blinds, light fixtures, and much more! Two car carport and three, open parking spots. Thermal pane windows, with territorial views, in all units. Separate, common utility room w/ storage room. New roof with 50 year warranty. Superior location to most everything!

150 Hardie Avenue SW Unit #1-6, Renton

Listing courtesy of RE/MAX Eastside Brokers, Inc..

$990,000

2455476 MLS ⋅ ACTIVE Status

Great opportunity for investors! Commercial and Multi Family Zoned. Just two lots up from Rainier Ave N, on corner of Victoria/Hardie. Two separate buildings. Five units are ready to go as you wish. Sixth unit can be remodeled in future, to increase cash flow. Most everything has been updated with new carpets, paint, laminate flooring, interior doors, heaters, blinds, light fixtures, and much more! Two car carport and three, open parking spots. Thermal pane windows, with territorial views, in all units. Separate, common utility room w/ storage room. New roof with 50 year warranty. Superior location to most everything!

150 Hardie Avenue SW Unit #1-6, Renton

Listing courtesy of RE/MAX Eastside Brokers, Inc..

$975,000

2486695 MLS ⋅ ACTIVE Status

Live in one unit and rent out the other with this duplex opportunity in sought after North Beacon Hill neighborhood! Each 2 bed/1 bath unit is 764 sq ft with thoughtfully designed floor plan, new carpet and one level living. Dedicated & private attached garage space for each unit with additional storage space, plus 3 additional driveway parking spaces. Shared coin op laundry and community yard. Separate electrical meter for each unit. Located in a great location with quick access to downtown Seattle & Eastside, I-90 and I-5 with multiple bus lines nearby.

1701 19th Avenue S, Seattle

Listing courtesy of KW Greater Seattle.

$900,000

2486776 MLS ⋅ ACTIVE Status

This fully rented fourplex offers an incredible opportunity for investors seeking steady cash flow in the heart of Auburn. Each of the four units features 2 bedrooms, 1 bathroom, and 750 sqft, appealing to a wide range of tenants. The property includes assigned parking for convenience and a community coin-operated laundry room for added income potential. Situated in a prime location near shopping, dining, and events, this investment is perfectly positioned for growth. Don't miss out on this turnkey rental property!

2250 I Street NE, Auburn

Listing courtesy of RE/MAX Elite.

$899,000

2486089 MLS ⋅ ACTIVE Status

Six-unit apartment building located in the central core of Mount Vernon, Washington. This multi-family investment property experiences low tenant turnover due to its proximity and super affordable units. There are four 1-bedroom/1-bath units and two 2-bedroom/1-bathroom units with 100% occupancy. The property has dedicated parking in the rear of the building as well as off-street parking.

520 N 1st Street, Mount Vernon

Listing courtesy of NextHome Preview Properties.

$1,875,000

2486221 MLS ⋅ ACTIVE Status

GREAT INVESTMENT, FULLY RENOVATED 6-UNITS with steady rental income. Located just 7 blocks from the beautiful Saltar's Point Beach & Park to enjoy beachfront picnics, fresh salt air & more. Also close to Fort Steilacoom Park & just a 10 minute drive to Chambers Bay Golf. This Prime location is also close to Lakewood, University Place & McChord Air Force Base, in a quiet and quaint neighborhood within the Historic little town of Steilacoom. Duplex-style architecture, yet the property was developed as Condo Units in 2008 and has always been owned by a single investor versus 3 or 6 investors ... Current owner considering breaking into 3 Duplex Units if not sold to one investor who wants to own and manage the whole property with all 6-units, so don’t delay if you want to own all 6 in this great location! Updated roofs, windows, stainless appliances including W/D & microwaves in each unit, vinyl plank flooring, mini-split heat & A/C, + each unit has a deck w/ storage unit. 6 tax parcels for PSA. PLEASE Do Not Disturb Tenants! Access to interiors upon mutual acceptance on an acceptable PSA. 3-D Tour uploaded + Tour Video. Fidelity T&E.

814 5th St, Steilacoom

Listing courtesy of Coldwell Banker Danforth.

$900,000

2486273 MLS ⋅ ACTIVE Status

Turn-key 9-unit investment property in a convenient Hoquiam location, offering a 9.86% cap rate. Most units have been updated, one unit undergoing a refresh and will be rented soon. On-site coin-operated laundry adds additional revenue potential, Landlord storage spaces could potentially be converted to storage units or an additional 1 bedroom for extra income. Close to schools, services, and major routes for easy access. One 2 bedroom could have floorplan changed to add a bedroom for increased cash flow.

517 Emerson Avenue, Hoquiam

Listing courtesy of Better Properties Grays Harbor.

$3,180,000

2477546 MLS ⋅ ACTIVE Status

CHRISTINE ESTATES consists of 4-DUPLEXES (8-UNITS). All Four Duplexes are identical (facing the front of the duplex: left units have 1065-sf and the right units have 1076-sf. The duplexes are 1-story with Vaulted Ceilings in the Main Living Areas. The High Ceilings and Open Main Living Areas are impressive. Upgraded Cabinets, Stainless Steel Appliances, Quartz Counter-tops, Large Island with Eating Bar plus 5-foot Pantry will make this Kitchen will make for long term Tenancies. Large Primary Suite with Private Full Bath. Units are heated & cooled by a Ductless Heat Pump with additional Cadet Wall Heaters in Bedrooms. Single car garages plus 2 uncovered onsite parking spaces for each Unit plus new paved street parking with vertical curbs & sidewalks for additional guest parking. Surrounding Neighborhood is very nice, well maintained and mostly newer homes. Irrigated front yard Lawns and Landscaping separate each of the two Driveways for each Duplex for a clean, well kept, beautiful appearance. The Project is located 10-15 minutes from JBLM and close to shopping, schools, eateries, theaters & medical services including St Claire's Hospital. The Duplexes are almost 3-years old and during that time only 2-Units have turned over Tenancy.

5702 5708 79th Street W Unit #A & B, Lakewood

Listing courtesy of Harvest Realty, Inc.

$1,350,000

2484319 MLS ⋅ ACTIVE Status

Exceptional Investment Opportunity — Three Private, Custom Homes on .46 Acre in Central Marysville! Discover a rare, meticulously maintained compound built by a local custom builder. This architecturally designed duplex features two 'separate' homes with private entrances, attached garages, vaulted ceilings, white oak hardwood floors, slab counters, fireplaces, and custom interiors with updated finishes throughout. An air-gap between the two main residences ensures complete privacy and superior soundproofing. Each unit includes its own yard, garden space, covered deck, and dedicated garage. The property also includes a fully finished, heated 900 sq ft detached shop equipped with heat and hot water — an absolute dream for a workshop or small business. A private, fully finished one-bedroom apartment with a covered two-car carport provides a third rentable unit (currently occupied by month-to-month tenant). Additional features: generator hookup, sprinkler system, heated greenhouse, partial mountain views, landscaped grounds, paved cul-de-sac location with minimal traffic, and easy access to shopping, services, and I-5. Immaculate condition inside and out — a one-of-a-kind investment or multi-generational home. Welcome home.

5005 109th Street NE Unit #A,B,C, Marysville

Listing courtesy of Windermere Real Estate/CIR.

$2,800,000

2483507 MLS ⋅ ACTIVE Status

Exceptional investment opportunity in the heart of Everson! This 10-unit multi-family property consists of five duplex-style condo buildings, offering a total of 10 well-designed units. The mix includes spacious 3-bedroom, 2-bath units and comfortable 2-bedroom, 2-bath units—appealing layouts that attract and retain long-term tenants. All units are currently rented, providing immediate, stable income for investors seeking a strong addition to their portfolio. The duplex-style configuration offers added privacy and livability, making these homes highly desirable in the local rental market. Ideally located with convenient access to town amenities, yet tucked into a peaceful setting. Notably, the property did not experience interior water intrusion during the recent flood events—an important advantage and added peace of mind. Whether you’re expanding your portfolio or stepping into multi-family ownership, this well-maintained, fully occupied property presents a rare opportunity in a growing community.

Walnut Grove Court, Everson

Listing courtesy of HomeSmart One Realty.

$370,000

2481980 MLS ⋅ ACTIVE Status

Remodeled Tri-plex on Emerson Ave in Hoquiam. Two of the units have 2 bedrooms and 1 bath. The third unit has 3 bedrooms and 1 bath. Many improvements: New siding & paint 2020-2022. New skirting 2019. New porch coverings 2020. Updated vinyl double pane windows. Most of the plumbing & wiring upgraded between 2015 - 2017. New bathroom tub/shower & paint unit #1. Fresh paint, flooring & new stove unit #3. New refrigerator unit #2. Insulated. Hardwired smoke alarms. Co-op laundry. A yard area in back for playground. Partially fenced. Only short vacancy in 1 unit, seller did upgrades during that time. 1 parking spot with street parking as well.

508 Emerson Avenue, Hoquiam

Listing courtesy of Windermere RE/Aberdeen.

$695,000

2481970 MLS ⋅ ACTIVE Status

Check out this investment gem! Featuring a 1581 sq ft 3-bedroom, 2.5-bath main home, a 1056 sq ft 2-bedroom, 1-bath unit above a detached garage, and a cozy shed, this property offers fantastic income potential. Built by a trusted local contractor, it boasts functional layouts, plenty of storage and light, solid surface counters, and quality cabinets and finishes. Perfectly situated on a corner lot, it’s just minutes from shopping, hospitals, and public transport.

813 S 10th Street, Shelton

Listing courtesy of Alder Creek Real Estate LLC.

$759,900

2482385 MLS ⋅ ACTIVE Status

"Investment opportunity! This DUPLEX is located in the heart of Bellingham; only a few blocks from Trader Joe's and a short 5 minute drive to downtown. Each unit boasts an open layout with 2 bedrooms & 2 bathrooms. Each has all appliances including washer/dryer, 4 off street parking spaces and detached storage sheds. Upstairs unit recently (December 2025) underwent full renovation including new vinyl plank flooring, interior paint, electrical switches/receptacles, smoke alarms/CO detectors, interior light fixtures, toilets, range hood, refrigerator, resealed showers, interior/exterior door handles. Downstairs unit has laminate flooring and all new appliances. Exterior was fully renovated in the last 5 years to include a 50 yr metal roof, James Hardie board siding with paint, all exterior windows replaced, fence and deck built! Units are occupied and rented."About a $100,000 or more in updates!

2424 Orleans Street, Bellingham

Listing courtesy of eXp Realty.

$1,805,000

2482422 MLS ⋅ ACTIVE Status

Newly remodeled 10 unit apartment complex with courtyard and patios, parking for 5 cars on site, coin-operated laundry and storage. All units were completely remodeled in 2017-2019: new floors, kitchens, bathrooms, paint. Building has a new roof (on both buildings: 2019 and 2025), fresh paint (2024), gated access. Fully occupied and well maintained with 0% vacancy and excellent financials. RRIO inspection has been successfully passed in 2019.

8805 14th Avenue S, Seattle

Listing courtesy of Torre Realty.

$1,149,000

2482188 MLS ⋅ ACTIVE Status

Opportunities like this inside Lynden city limits are rare. This 1.2-acre property delivers immediate income and exceptional development upside. The existing home features a 3-bedroom main level plus a 1-bedroom+bonus room MIL suite, currently producing $3,700 per month. The true value lies in the three separate, legally parceled multi-family lots at the rear—zoned to allow up to 16 total units. In-city multi-family density with this level of flexibility is hard to find. Strong rental demand, prime location near shopping and services, and scalable development potential make this a standout investment. Secure cash flow today. Build long-term wealth tomorrow.

151 Bay Lyn Drive, Lynden

Listing courtesy of eXp Realty.

$998,000

2481889 MLS ⋅ ACTIVE Status

Unique Investor or Developer Opportunity in Downtown Olympia! Don't miss this one! Listing includes a duplex and 7-plex on one parcel and a leased parking lot. Under market rents, all tenants on month to month tenancy. Units offer a mix of studios and one-bedrooms. Parking spots lease for $30/mo with over 20 stalls! Close to downtown, waterfront, and shopping. Zoned UR (Urban Residential), allows for high-rise redevelopment or mixed-use opportunities!

906 908 Adams Street SE, Olympia

Listing courtesy of Olympic Sotheby's Int'l Realty.

$1,350,000

2482102 MLS ⋅ ACTIVE Status

Grand Craftsman duplex in the heart of Capitol Hill offering exceptional flexibility: an expansive primary residence paired with an income-producing second unit. The primary residence spans three stories with six bedrooms and downtown views, providing substantial scale and livability for an owner-occupant or long-term tenant. The second unit is a separate, fully equipped studio, offering privacy and in-place income. Fix and flip, buy and hold as a full rental investment, live in one unit as an owner-occupant with supplemental rental income, or occupy the entire property to create space for guests or intergenerational living. The primary residence is currently tenant-occupied on a month-to-month basis, creating near-term flexibility for a qualified buyer. Extensive unfinished basement square footage presents an opportunity to expand rentable area or enhance owner use, subject to the buyer’s plans. Situated on a 4,311 SF corner lot with alley access and off-street parking for two vehicles, the property is zoned LR3 and includes near shovel-ready plans by Hybrid Architecture for four townhomes with MILs and one single-family residence with an ADU, providing a clear redevelopment alternative for a developer. Property tours are available to qualified buyers by appointment, with interior access coordinated to respect existing tenancy. A high-caliber Capitol Hill property for buyers seeking immediate livability, stable income, and long-term flexibility.

702 11th Avenue E, Seattle

Listing courtesy of Urban Living.

$1,100,000

2480941 MLS ⋅ ACTIVE Status

Exceptional investment and future development opportunity in Elma. Two duplexes (4 total rental units) situated across three adjoining parcels totaling 8.99 acres with GR – General Residential zoning.Current NOI of $40,281 with rents slightly below market, offering immediate upside through rent adjustments. Property is served by City water with septic systems in place; sewer connections are nearby (buyer to verify availability and capacity). No floodplain issues reported.Ample frontage on Garden Hill Rd provides strong access and potential layout flexibility for future development. Adjoining parcels include areas of commercial-grade alder timber, adding additional value components.Rare opportunity to acquire nearly 9 acres with in-place income — ideal for investors seeking land banking with cash flow or developers exploring subdivision potential. Shown by appointment only. Do not disturb tenants.

102 Garden Hill Road W, Elma

Listing courtesy of Riley Jackson Real Estate Inc..

$4,150,000

2480872 MLS ⋅ ACTIVE Status

Sited just off 509 at the edge of SeaTac Airport sits 15043 8th Ave S AND 648 S 152nd Street in Burien. These two buildings include 23 studio units and one large ground floor office space, perfect for a law office or other entity. With a simple commute in any direction and proximity to light rail, these buildings have had minimal vacancy. Both buildings present an excellent opportunity for a savvy buyer with upside potential.

15043 8th Avenue S, Burien

Listing courtesy of Windermere Real Estate Co..

$679,999

2480929 MLS ⋅ ACTIVE Status

Investment Opportunity – Updated Multi-Family Duplex Property with Development Potential Excellent opportunity to acquire a well-maintained multi-family asset consisting of two freestanding duplex buildings (4 units total) with an attractive mix of unit sizes and strong long-term upside. Each building includes: • One spacious 3BR / 1.5BA unit (~1,624 SF) • One 2BR / 1.5BA unit (~920 SF) The larger units feature functional layouts including a main-level bedroom and generous bonus living area, creating flexible living space that appeals to both owner-occupants and tenants. Recent Capital Improvements • Units #11 & #15: Fully remodeled within the past three years including updated kitchens, bathrooms, flooring, and interior paint. • Units #12 & #16: Partially updated with refreshed kitchens and newer flooring. • Property-Wide Improvements: Newer appliances, roofs, and water heaters across all units. Parking Each unit includes an attached private garage, a highly desirable feature for tenants and future resale value. Development Upside. Situated on a large lot with additional build potential, the property offers opportunities for further expansion or redevelopment. Investors may also purchase individually or combine with adjacent property (NWMLS #2433761) for a larger assemblage and expanded development possibilities. A compelling combination of current income, recent upgrades, and future development potential.

102 Garden Hill Road W, Elma

Listing courtesy of Riley Jackson Real Estate Inc..

$397,500

2481501 MLS ⋅ ACTIVE Status

Investment Opportunity Renovated Duplex on 0.21 Acres. House "A" has 496 square feet. House "B" has 576 square feet. Both homes have 1 bedroom, 1 bathroom with decks, new appliances. RV concrete pad with electric receptacle. Woodsy and quiet setting on dead-end road. Located close to the Ocean and Bay, Westport Marina, stores, and restaurants. You can even hear the ocean and waves at night.

2803 S Woodhill Court, Westport

Listing courtesy of Riley Jackson Real Estate Inc..

$449,400

2480270 MLS ⋅ ACTIVE Status

Opportunity knocks with this side by side duplex located on a quiet dead end road. Each unit offers a simple, functional layout with 2 bedrooms, 1 bathroom on one side and 1 bedroom 1 bathroom on the other side. They each have dedicated carport plus additional parking. Excellent location—close to shopping, the town center, and everyday conveniences. Commuters will appreciate the easy access to the bus line and nearby freeways. **The one bedroom unit is vacant and available for showing, or owner occupancy options**

1512 1514 Fones Road SE, Olympia

Listing courtesy of Better Properties N. Proctor.

$1,799,948

2478326 MLS ⋅ ACTIVE Status

Investor Alert! Owner financing available, 20-25% down, 4% int.,30year do in 10.. Incredible opportunity to own a fully remodeled 4-plex in the heart of SeaTac. Each spacious unit features three bedrooms with modern, sleek finishes and open-concept living. This is a true top-to-bottom renovation with new electrical, plumbing, mini-split systems, and all improvements brought up to current code. Every unit offers in-unit washer and dryer, security system hookups, and access to on-site car charging stations, with one ADA-compliant unit included. Upper units boast private balconies, while lower units feature covered patios. Unbeatable location just minutes to I-5 access and Sea-Tac International Airport, and within walking distance to public transportation. Conveniently located near Westfield Southcenter, community parks, schools, shopping, and more.

4617 S 189th Street, SeaTac

Listing courtesy of John L. Scott, Inc.

$700,000

2477548 MLS ⋅ ACTIVE Status

Fantastic investment opportunity! This well-maintained 4-plex is a strong, turnkey addition to any rental portfolio, offering solid income and a current cap rate of approximately 7.5% with excellent cash flow. The property has a history of stable, long-term tenants and shows pride of ownership throughout. Three units feature 2 bedrooms and 1 bath, each with a dedicated storage unit and covered parking space. The fourth unit has been thoughtfully converted to a 3-bedroom, expanding rental potential and versatility. Residents enjoy a large shared balcony, and the on-site laundry room has been updated with a new electrical panel and its own hot water tank. The coin-operated laundry provides reliable additional income. Opportunities like this don’t come along often—secure this high-performing asset for your portfolio today.

504 N 7th Avenue, Kelso

Listing courtesy of Windermere Northwest Living.

$2,300,000

2479732 MLS ⋅ ACTIVE Status

PRICE ADJUSTMENT -EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,300,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

$340,000

2478392 MLS ⋅ ACTIVE Status

Well maintained duplex offering a solid investment opportunity with immediate income. Both units are currently tenant occupied, offering built in cash flow from day one. Each unit features a functional layout with separate entrances, making this an ideal option for investors or owner occupants looking to offset their mortgage. Conveniently located near schools, shopping, and local amenities with easy access to Hwy 101. Low-maintenance property in a growing rental market don’t miss this value add opportunity.

244 Emerson Avenue, Hoquiam

Listing courtesy of COMPASS.

$990,000

2478223 MLS ⋅ ACTIVE Status

This well-maintained 4-plex in the desirable Campus View community presents an excellent investment opportunity. Each of the four spacious units features 2 bedrooms, 1.5 bathrooms, 976 sq. ft. of living space, a cozy fireplace, and an in-unit washer and dryer. Residents enjoy the convenience of a dedicated covered parking spot, plus additional visitor parking. Professionally managed for a hassle-free ownership experience, this property is centrally located near shopping, dining, and parks, with easy access to I-5, Hwy 99, and Hwy 18.

34005 1 St Circle S, Federal Way

Listing courtesy of 360 Pacific.

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