Mckenna Real Estate Search

Mckenna Multi-Family Properties for Sale

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Newest Mckenna Multi-Family Homes for Sale

$1,395,000
2553650 MLS ACTIVE Status
Perched above street level in highly desirable Beacon Hill location, this updated 4,220 sqft. 4-plex offers a blend of scale, flexibility, and rental upside. Property features 6Br/5Ba across 4 spacious units on a 5,040 sqft. LR2 lot, with 4 uncovered alley-access parking spaces. Enjoy exceptional transit access—just 5 blocks from the Beacon Hill light rail station and approx. 10 blocks from newly opened East Link at Judkins Park—with easy connections to I-5, I-90, downtown Seattle, Bellevue, schools, parks, and neighborhood amenities. Unit 1 (first floor) spans approx. 1,400 sqft. offers a 1Br/1Ba layout with living room, kitchen & dining area. Unit 2 (main floor) also approx. 1,400 sqft. with 2Br/2Ba, including a primary ensuite, and a recently updated kitchen featuring S/S appliances, granite counters, handsome cabinetry, and direct access to the gated backyard. Unit 3 occupies the front portion of the upper floor, approx. 600 sqft. with 1Br/1a, a kitchen with dining space, and a generous living area. Unit 4, located at the rear of upper floor, approx. 800 sqft. with 2Br/1Ba, ample living room and dining, and a bright kitchen opening to a private deck for extended living space. Notable features include good ceiling heights throughout, LVP & hardwood floorings, 2 water heaters, coin-op washer & dryer, and extra storage. A rare opportunity to own a well-located multifamily asset with strong livability, transit convenience, excellent bike and walk scores, and future potential.

2021 15th Avenue S, Seattle

Listing courtesy of John L. Scott Des Moines.

$1,250,000
2553414 MLS ACTIVE Status
Excellent opportunity to own a classic two-story, 14-unit multifamily apartment complex in Aberdeen. Built in 1923, this property showcases the charm and character of early 20th-century apartment design while offering functional, diverse living spaces that support strong rental appeal. Conveniently located remarkably close to everyday services, shopping, dining, transit, and local amenities, and situated directly across from a school, this property offers a central location tenants appreciate. The unit mix includes two true studio apartments, six studios with bonus rooms, four one-bedroom units, and two two-bedroom apartments, creating flexibility for a variety of rental needs. With a strong and consistent rental history based on a conservative vacancy rate, this property delivers an attractive cap rate and proven income performance. Its combination of historic character, steady demand, and practical unit variety makes it a compelling option for investors seeking stability, cash flow, and long-term value. Whether you are expanding your portfolio or looking for a well-positioned multifamily asset in an established Aberdeen neighborhood, this 14-unit property is worth a closer look. Buyer to verify all information, financials, zoning, rental history, condition, and due diligence to their satisfaction. Active maintenance in progress. Will provide entry to all Apartments after Mutual. MUST give at least 48+ hrs. time to post notices for ALL showings. Will place RE Sign shortly.

301 W 3rd Street, Aberdeen

Listing courtesy of John L. Scott, Inc..

$498,000
2553467 MLS ACTIVE Status
Investors, house hackers, and savvy buyers-this is the opportunity you've been waiting for. This rare 1918 Craftsman isn't just full of timeless character; it's a true income-producing property with flexibility that's hard to find. Live in one unit and rent the other, lease both for maximum income, or continue the successful approach the current owner has already proven-all three options have been done. The main home showcases the craftsmanship of a bygone era with hardwood floors, arched doorways, leaded-glass built-ins, vintage glass doorknobs, a brick-accented fireplace, formal dining room, two main-floor bedrooms, full bath, plus finished bonus rooms, 3/4 bath and abundant storage downstairs. Plot twist: the detached two-car garage is topped by a charming 1-bedroom apartment bursting with personality-hardwood floors, built-ins, coved doorways, vintage tile, full bath and its own kitchen. Separate utilities make managing the two living spaces even easier. Major updates include new house roof (2024), apartment/garage roof (2021), new furnace (2022), updated sewer (2025), plus more plumbing and electrical improvements. Three additional off-street parking spaces are a premium bonus this close to Olympic College, PSNS, the Seattle ferry, downtown Bremerton and waterfront parks. Historic charm, important system updates and multiple income strategies combine to create a rare investment opportunity with lasting appeal.

1108 Warren Avenue, Bremerton

Listing courtesy of Keller Williams West Sound.

$3,400,000
2553466 MLS ACTIVE Status
This stunning lakefront property is unlike anything you’ve ever seen! Sited on 700 feet of waterfront and 9.31 acres, this special property is the perfect combination of lakefront luxury and income generating rentals. The hallmark of the property is the lakefront lodge. At more than 4,200 square feet, clad in stone, stucco, slate, and copper, this beautiful home features a main level primary suite, an expansive kitchen, a two-story great room, and an attached ADU/MIL above the three-car garage. Open the three sets of French doors in the great room for a seamless indoor-outdoor flow onto the covered outdoor patio. Enjoy beautiful lake views from nearly every room, especially the elevated ADU which offers two private external entrances and interior access from the main residence. The South-facing shoreline features a picturesque Mount Rainier view. The dock easily accommodates a float plane or large vessel, with an extra motorized float perfect for cruising the lake with friends. Now, the rentals. This single-parcel property includes 7 rental units: two 1-bed duplexes, a 2-bed duplex, and an additional single-family home. These additional residences have all received consistent updates throughout the years and benefits from long-term tenants who would love to stay. Photos of the SFR and one of the duplex units are included in this listing. Gross annual income exceeds $100,000 per year and a rent roll is available upon request. This one-of-a-kind property is as rare as it comes.

1000 Creso Road S, Spanaway

Listing courtesy of COMPASS.

$829,990
2553422 MLS ACTIVE Status
Rare find: 3 homes on 1.67 private acres. Perfect scenario for multi-generational living. Investor: It's a fantastic income producing property too. The main home is a custom 2,206sf rambler with delightful kitchen & Living room. Main bedroom w/ gorgeous bath & private patio. Another bedrm & 2 bonus rooms share a 2nd upgraded bath. Hardi plank exterior, metal roof, wood stove, heat pump, skylights, wood flrs, vaulted ceilings. Covered front porch & 2 covered decks in back. One owner/immaculate condition. Second home is 2 story, 1,160sf w/ large entry portico. Open concept kitchen, living &dining rooms. Main level bdrm, 3/4 bath & finished room on upper level. Furnace, mini split A/C, storage areas inside & out, private access to Pool. Third home is a sweet 360sf cottage. Functional & beautiful kitchen, living areas, 1bed, 3/4 bath. Mini split w/ A/C, granite counters, vinyl plank flrs, covered porch, Hardi plank exterior/metal roof. Main garage is 624sf w/shelving & attic storage. Water supply from private well. Fenced in 1,332sf concrete patio surrounds inground heated swimming pool w/solar & winter covers. Property is equipped w/ extensive underground sprinkler system. Oversized greenhouse, 18'x36', raised beds, fans, automated sprinklers. Fenced garden area, 21+ raised beds w/ automatic drip system...all organic. Several other outbuildings for storage &wood shed. No HOA fees. Close to shopping/amenities. JBLM is an easy commute. Don't miss this opportunity!

14913 Champion Estates Drive SE, Yelm

Listing courtesy of Yelm Windermere.

$2,100,000
2553317 MLS ACTIVE Status
Welcome to the Avalon! An appealing multifamily investment opportunity located at 201 N Commercial Street in Bellingham, Washington. Originally built between 1900 and 1906, the property is a two-story, sixteen-unit apartment community located in downtown Bellingham. Built as ten large flats, the Bellingham Herald described the building as “the leading fashionable apartment house in the city and the most modern.” Tenants enjoy nine-foot ceilings throughout all units, with ample natural light provided by large windows in nearly every room. The original fir siding remains in excellent condition, contributing to the historic charm of the property. The property unit mix consists of two studios with approximately 400 square feet, eight one-bedrooms averaging approximately 600 square feet, and six two-bedrooms averaging approximately 930 square feet. All units retain their original trim, and many retain original fir flooring that’s been repainted over time. Some units have been upgraded with baseboard heat, and all units have radiator heat served by a steam boiler in the basement. There is no known knob-and-tube wiring, and Square D electrical panels supply electricity to the units. Supply lines have been replaced with pex plumbing in nearly all units. The Avalon offers excellent price-per-pound metrics of $140,625 per unit and $201 per foot, not including the large basement. The Avalon provides an excellent, risk-adjusted income stream with room for growth in the long term.

201 N Commercial Street, Bellingham

Listing courtesy of John L. Scott, Inc.

$4,300,000
2552631 MLS ACTIVE Status
Come see all that Eastbay Apartments has to offer! A boutique mixed-use investment opportunity located in Seattle’s desirable West Queen Anne neighborhood. Built in 2011, the Property consists of 12 multifamily units & two ground floor commercial spaces, offering investors diversified income within one of Seattle's most sought after urban sub markets. The Property features a well-balanced unit mix including one studio unit, four one-bedroom units, three two-bedroom/one-bath units, two two-bedroom/two-bath units, and two top-floor two-bedroom/two-and-a-half-bath townhome units with private rooftop decks. The units feature spacious layouts & premium interior finishes, including in-unit washer/dryers, granite countertops, stainless-steel appliances & modern cabinetry designed to appeal to Seattle’s professional renter demographic. Eastbay Apartments benefits from its strategic location in West Queen Anne with convenient access to Seattle’s major employment centers including South Lake Union, Downtown Seattle, Ballard, and Interbay. The surrounding neighborhood provides residents with proximity to Magnolia’s parks, waterfront amenities, restaurants, and neighborhood retail destinations, creating a strong live-work-play environment that continues to attract young professionals and families. The Property also includes two levels of secured garage parking with 15 spaces and 12 on-site storage units, enhancing tenant convenience and supporting long-term occupancy stability.

3232 15th Avenue W, Seattle

Listing courtesy of John L. Scott, Inc.

$298,000
2551722 MLS ACTIVE Status
TWO HOMES • ONE LOT • INCOME POTENTIAL FRONT HOME | 3 BEDROOMS • 2 BATHROOMS Move-in ready one-story home with a newer roof and gutters, fresh interior paint, new carpet, and appliances included. The spacious kitchen flows into the dining area, with sliding glass doors opening to a generous deck and fenced backyard—an inviting space for outdoor dining and entertaining. The comfortable living room features a fireplace insert for added warmth. Street parking is available in front, while rear alley access provides additional parking and access to the large one-car garage. REAR HOME | 1 BEDROOM • 1 BATHROOM Positioned off the rear alley, this separate one-story home offers added privacy and versatility. Features include a private entrance and deck, living room, spacious kitchen and dining area, separate laundry room, and bedroom. Currently leased to a long-term tenant, providing established rental income that may help offset ownership expenses. Conveniently located within walking distance of downtown Aberdeen, with nearby restaurants, shopping, services, and other amenities. Two homes on one city lot offer flexibility for an owner-occupant seeking additional rental income, multigenerational living arrangements, or an investment property with established rental history. Seller may consider contract terms with negotiable down payment and conditions. Buyer may also pursue conventional or other financing. Buyer to verify all information and intended use.

507 W 2nd Street, Aberdeen

Listing courtesy of Aberdeen Realty, Inc..

$1,210,000
2551898 MLS ACTIVE Status
Phinney Ridge spacious duplex near Woodland Park with stable income and strong upside potential. Exceptional property for an investor completing a 1031 exchange or looking to expand a multifamily portfolio. Each unit offers over 1300 sq ft of living space with 2 bedrooms and 1.75 bathrooms providing tenants an abundance of space to relax, work from home or find privacy. Additionally, there is over 1100 sq ft of unfinished basement space with separate entrance, offering a blank canvas for your ideas. Each unit has a w/dryer. Enhance your investment through future upgrades to the existing units while potentially adding another unit or creating unique amenities for yourself or for your tenants in the lower level. The property is zoned LR1(M) on a 5,000 sq ft lot offering future development potential. Both units currently occupied by tenants, providing immediate rental income. The exterior was refreshed in June 2026, all siding, window trim, deck, patio, railings & stairs professionally washed & painted. Fully fenced grassy backyard, 1 car-gar & driveway parking. Convenient commuter access to downtown Seattle or Eastside, including nearby public transit. Enjoy Woodland Park Rose Garden and nearby Green Lake & Fremont restaurants and cafes. Fantastic opportunity to acquire an income-producing property today with the option to owner-occupy in the future in one of Seattle's most desirable neighborhoods. Buyer to verify all information & permitted uses to their own satisfaction.

4707 Phinney Avenue N, Seattle

Listing courtesy of eXp Realty.

$1,150,000
2551244 MLS ACTIVE Status
Perched high above the street, in one of Seattle's most reliably rented neighborhoods, this triplex provides a genuine sense of privacy and security to tenants, a sought-after respite increasingly rare in urban Seattle. These features, plus four parking stalls on a private dead-end alley, in-unit laundry, and northwest facing decks translate directly into tenant stability.All three units are currently occupied. Financials include a normalized cap rate on actual rents. The normalized figure removes one-time repairs, costs not inherited by a new owner. The vacancy reserve is a conservative underwriting cushion, not a reflection of this property's rental history.Unit 1 produces strong income today with fireplace, full appliances, and a private deck. Units 2 & 3 rents are below Interbay market rate for in-unit laundry 1BRs, offering a clear path to a higher cap rate and upside potential without capital investment.Solidly built, this triplex features a standing metal roof, copper plumbing, and fresh exterior paint. Added storage in the 330 SF flexible basement. Native landscaping keeps grounds simple to maintain with minimal costs. Fix up interiors on your timeline and collect strong rents in the meantime.Zoned LR1(M) on a 6,000 SF lot with alley access along a corridor that attracts density & long-term investment. This Interbay triplex offers a stable, fully occupied diamond-in-the rough asset with clear upside potential & multiple paths to improved returns.

3438 14th Avenue W, Seattle

Listing courtesy of Engel & Voelkers Seattle DT.

$2,800,000
2550353 MLS ACTIVE Status
We are pleased to present the Cremona Apartments, an 11unit apartment community built in 1961, offered to the market fully vacant at closing. This rare delivery provides investors and owner-occupants alike the immediate ability to lease all units at current market rents, pursue targeted renovations, or both with no displacement concerns and no inherited lease obligations. The building offers a well-rounded unit mix of one studio, six one-bedrooms, one one-bedroom plus den, and three two-bedrooms, set on a quiet residential street with six surface parking spaces. The common area, which houses individual storage units and a shared laundry hookup, is generously proportioned and may present an opportunity to incorporate into the adjacent studio unit as additional net rentable space, buyer to verify. Centrally positioned between Ballard, Fremont, South Lake Union, and Downtown Seattle, residents enjoy convenient access to the city’s most active employment corridor, with Meta, Apple, Anthropic, Google, Amazon, and Expedia all within easy reach. The Cremona Apartments represent an immediate executable opportunity in one of Seattle’s most desirable and supply-constrained neighborhoods. Delivered vacant, priced for today’s market, and positioned within minutes of Seattle’s strongest employment and lifestyle anchors, this is a rare chance for a new owner to set rents, define the tenant profile, and reposition the asset from day one with zero friction.

34 W Cremona Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$3,400,000
2550372 MLS ACTIVE Status
We are pleased to present the Emerson Apartments, a 12-unit apartment community built in 1965 in Seattle’s coveted North Queen Anne neighborhood, delivered fully vacant at closing. This rare offering gives investors and owner-occupants the immediate ability to lease all units at current market rents, pursue targeted renovations, or both, with no inherited lease obligations and no displacement concerns. The building offers 6 1BD and 6 2BD with spacious bedrooms, living areas, and select units featuring private decks with canal views. There are 12 surface parking spaces and a dedicated laundry and storage room on each of the 3 floors. Major systems are addressed: new siding and exterior painting in 2002, a roof replacement, electrical upgrades in 2023 and 2024, and interior renovations in 2015 covering new appliances, kitchen and bathroom remodeling, and new exterior doors throughout. A new owner can direct capital toward light interior value-add rather than deferred maintenance. Positioned on W Emerson Street, the Emerson Apartments offer seamless access to Interbay, Fremont, Ballard, South Lake Union, and Downtown Seattle, with major employers including Apple, Meta, Anthropic, Google, Amazon, and Expedia all within easy reach. With a well-maintained building and fully vacant delivery, the Emerson Apartments represent an immediate executable opportunity to lease, reposition, and maximize returns from day one.

600 W Emerson Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$787,000
2538890 MLS ACTIVE Status
Turn Key Asset in the Heart of the Coveted Proctor District (2 Blocks off Proctor) with Serious Period Charm. Main Floor Spacious Unit includes 2 Bedroom and 1 Bath, Living and Dining areas, and French Doors to the Large Covered Deck Overlooking a Lovely Landscaped and Private and Fully Fenced Backyard. The Lower Living Area can be accessed from Main Floor Unit and also has private entrance. It could be used for Guests or Multi-generational, Flex space or Airbnb and Includes Kitchenette, 3/4 bath, Living area, and Non Conforming Bedroom. Upper Unit has 2 Bedroom/1 Bath, Private Deck and is presently occupied with Long Term Happy Tenant on Month to Month Tenancy at $1725/mon. All Units have been Updated and All Have W/Ds. Roof is 3 Years Young, Elec was updated between 2006 and 2010. This Versatile Turn Key Property has so much to Offer both Seasoned Investor or Owner Occupants.Zoning Allows for More Units, Convert Existing Garage to DADU (Buyer to Verify). Proforma Market Rent for Main Floor and Lower Level at $3000/mon. Large 2 Car Oversized Garage with Work Bench Area/Potting Area and Plenty of Shelving & can Provide Additional Income. It has been Rented in the past for $250/month. Seller has been meticulous in the care of the property. A Great Opportunity to own a Multi Unit in this Desirable Neighborhood. Walk to Sat Farmer's Market, UPS, Cafes, Wine Bar, Dining and Met Market. Mason Middle School, Stadium HS and Washington Hoyt Elementary are all Highly Rated Schools.

3609 N 26th Street, Tacoma

Listing courtesy of Windermere Prof Partners.

$850,000
2550406 MLS ACTIVE Status
Rare investment and development opportunity! FOUR SEPARATE but ADJOINING tax parcels totaling approximately 11 acres offered as one package in a peaceful Gold Bar setting. Each parcel is approximately 2.6 acres and includes an existing manufactured home with power, private well, and individual septic already in place—providing immediate utility and exceptional future potential. Currently fully rented with all four homes producing $1,200/month each ($4,800/month gross), this property offers instant income while you plan for future use. Ideal for investors seeking a cash-flowing asset, builders looking for multiple homesites, or buyers wanting flexibility for multigenerational living, custom home construction, redevelopment, or a home-based business (buyer to verify all intended uses). Enjoy outstanding privacy, territorial and mountain views, and a beautiful Pacific Northwest setting just minutes from Gold Bar, with convenient access to Monroe and Stevens Pass. Recreation opportunities abound with nearby hiking, skiing, fishing, rafting, and endless outdoor adventures. Properties offering four legal parcels, existing homes, utilities in place, current rental income, and multiple future use options are exceptionally rare. Hold as an income-producing investment, improve and reposition, redevelop, or create a legacy property with multiple residences. An outstanding opportunity in a growing corridor with tremendous upside.

16527 415th Avenue, Gold Bar

Listing courtesy of eXp Realty.

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