Mckenna Real Estate Search

Mckenna Multi-Family Properties for Sale

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Newest Mckenna Multi-Family Homes for Sale

$959,000
2546620 MLS ACTIVE Status
LOOKING FOR SMALL BUSINESS SPACE ALONG WITH RENTALS? Rare INCOME PRODUCING Compound on nearly 6 Private Acres 3 INDIVIDUAL HOMES and extensive workshop space set up with BODY SHOP on one side and PAINT BOOTH on the other. Piped for air throughout, and includes compressor, water trap regulators and exhaust fans... - Live here, work here, and have tenant income to help pay the mortgage! Main House UNIT #1: 2478 sq ft - Equipped with a high-efficiency heat pump for year-round comfort & spacious living areas to stretch out in UNIT #2: 1344 Square Feet is independent country living with modern touches - features easy-care flooring throughout this comfortable mobile home with an electric furnace & a bonus woodstove for efficient rustic warmth UNIT #3 is the ultimate workshop hub offering a massive 3360 square foot shop with ample room for tools, hobbies, and classic cars. The one bedroom attached home has a charming interior finished with durable ceramic tile and engineered hardwood flooring, a cozy woodstove & an energy efficient heatpump. Hard to beat this versatile living arrangement: Perfect for extended living, guests, or income-producing rentals. PLUS a 2-Bay Machine Shed ready for your tractors, boats, vehicles, or heavy equipment - Freeze-proof faucets installed across the property for worry-free winters & a private well system equipped with a dedicated water treatment system. Come see it today

6144 Waldrick Road SE, Tenino

Listing courtesy of Realty One Group Bold.

$1,395,000
2540292 MLS ACTIVE Status
Discover this rare, turnkey 3-unit gem in North Tacoma’s classic Old Town neighborhood, surrounded by $1M+ homes. The views of Commencement Bay & Vashon Isl from both front units are stunning. The property operates as short- & mid-term rentals (STR/MTR) & is fully furnished. Superhost status, strong positive online reviews & many repeat bookings. This property perfectly blends lifestyle luxury with strong income potential, making it ideal for STR/MTR investors. Alternatively, it's perfect for owner-occupants seeking a smart house-hack or multi-generational living setup. Live in one unit while generating income from the others. This location features a stacked duplex with mirrored 2bd/2.5ba units up front incl full w/d & each bedroom has a private bath suite. New $18k ductless mini-split heat/AC for Unit B in 2026. The 3rd unit is a studio under the garage off the alley. New composite deck in 2025. Located in a vibrant area near Ruston's waterfront, amenities, and attractions, yet tucked into an upscale enclave. This 3-unit property is a low-maint, high-reward opportunity in a market where quality multifamily with unobstructed views are scarce. The sellers have loved owning this gorgeous & stylish property. Their time to scale back is your golden opportunity to continue its operation or make it your own. Don’t miss this chance to own a beautiful, income-generating property in one of Tacoma’s best locations! Additional details & financials available to serious inquiries only.

2726 N 30th Street, Tacoma

Listing courtesy of Multifamily Properties.

$1,375,000
2542138 MLS ACTIVE Status
Rare opportunity to acquire a six-unit apartment building in Carnation. Seller financing offered with ~35% down and interest-only payments during the first year, allowing the new owner to maximize cash flow while renovating units, increasing rents, and stabilizing the property before principal payments begin. Situated on a 15,152 SF corner lot with R-24 zoning, the property offers future expansion or redevelopment potential (buyer to verify), adding long-term value beyond the existing improvements. Unit mix consists of (3) 2-bedroom and (3) 1-bedroom units. Long-term month-to-month tenants provide flexibility for future improvements and repositioning. Current rents are approximately 40% below projected market rents following renovations, creating exceptional value-add potential. Additional income is generated through the on-site common laundry, and current tenants reimburse the owner for utilities, helping offset operating expenses. Additional features include ample parking, a roof with substantial remaining useful life, and recently replaced upper decks. Ideally located in downtown Carnation, just minutes from Snoqualmie, with convenient access to SR 520, Microsoft, Redmond, and Bellevue. A compelling opportunity to acquire a value-add multifamily asset with flexible financing, strong upside, and long-term appreciation potential in one of King County's most supply-constrained rental markets.

31624 W Rutherford Street, Carnation

Listing courtesy of Real Broker LLC.

$725,000
2542473 MLS ACTIVE Status
Please see Virtual Tour #1***THIS IS A PROPERTY BEING SOLD TO APARTMENT/CONDO DEVELOPERS***In Seattle’s zoning code, for Lowrise 2 (LR2) with an M designation, there is a Mandatory Housing Affordability (MHA) overlay. This MHA program allows developers to achieve extra floor area (which can translate to more units) if they either provide affordable housing on-site or pay into the city’s affordable housing fund. Thus, by complying with the MHA requirements, a developer can gain added capacity (height, floor area) and potentially increase the number of units. Specific limits depend on lot size and other code factors. In Seattle's LR2-M zone, the exact height and floor area increase from the M designation depending on the city’s specific MHA tables. Typically, the M designation grants an extra 10 feet of height (e.g., from 40 feet to 50 feet). Floor area ratio (FAR) also increases—often by around 0.5 FAR. On a 4,500 sq ft lot, if the base FAR was, say, 1.2 (allowing 5,400 sq ft of building), an M increase to 1.7 FAR could allow about 7,650 sq ft total. Always confirm with the current city tables, as specifics can vary. This is a guestimate from the Broker and everything needs to be verified Property built before 1978 thus we are warning of Lead Paint (see disclosure phamplet in supplements) IF YOU ARE PLANNING TO DEVELOPE THIS SITE YOU WILL RENTAL INCOME WITH A LITTLE WORK TO SUPPLEMENT THE DEVELOPEMENT COSTS.

917 28th Avenue S, Seattle

Listing courtesy of Premier Homes and Land.

$599,900
2544520 MLS ACTIVE Status
Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, and vinyl flooring in the kitchen, bath, and laundry areas. The lower unit also offers 2 bedrooms and 1 bath with laminate and vinyl flooring throughout. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. Both unites received interior renovations, and the upper 2 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill and passed through to tenants along with utilities. The furnace and water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential and may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other.

8601 8603 Maple Street SW, Lakewood

Listing courtesy of COMPASS.

$605,000
2543565 MLS ACTIVE Status
Excellent opportunity for investors and owner-occupants alike! This well-maintained duplex offers two 2-bedroom, 1-bath units with a total of 1,920 square feet and strong rental history. Current rents total $4,000/month, providing immediate income potential, while the layout and financing options make it equally appealing for those looking to live in one unit and offset their mortgage with rental income from the other. Situated on a generous lot in a convenient Burlington location, each unit enjoys its own fully fenced backyard, creating privacy and outdoor space rarely found in multifamily properties. Recent improvements include a new roof and updated flooring. One unit has been tastefully updated and shows beautifully, while the second offers an opportunity to add value over time. Both units feature functional floor plans with spacious living areas, two bedrooms, full bathrooms, and ample parking. Whether you’re looking to expand your investment portfolio, begin your real estate investment journey, or take advantage of a house-hacking opportunity, this property offers flexibility, upside potential, and a desirable location close to schools, shopping, dining, and easy I-5 access. Potential to put an RV on the lot for additional rental income. Buyer to verify. A rare chance to own an income-producing property with long-term potential in the heart of Skagit County.

11087 N Skagit Street Unit #A & B, Burlington

Listing courtesy of RE/MAX Whatcom County, Inc..

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