Mckenna Real Estate | Mckenna Multi-Family Homes for Sale

DUPLEX: Rare Opportunity. Great reat investment property. Both units always rent extremely quickly and always produce wonderful renters. New 1 year leases in place. Custom Built Bayside Duplex. Front Unit boasts 3BR, 2Bath W/beautiful built in ChinaCab, Cooks Kitchen all with Mountain Views. Kitchen has SS, center island, Breakfast space, desk space and Gathering Room W/woodBurn FP. Laminate wood plank throughout. Oversized Primary W/his&hers closets. Large basement w/2car garage for front unit only. Back unit REMODELED has 2BR, Extra Large kitchen W/eating space &pantry. Great Rm Frml DR & LR W/woodBurn FP . Close to Downtown / Bus / Shops / Restaurants & park.

2516 Rockefeller Avenue Unit #A, B, Everett

Listing courtesy of Skyline Properties, Inc..

$930,000

2543065 MLS ⋅ ACTIVE Status

Turnkey opportunity in a prime Kent location! This newly renovated property offers exceptional flexibility for both homeowners and investors. Featuring two spacious 3-bedroom, 2-bath units, with Unit A offering 1,160 sq ft and Unit B offering 1,340 sq ft. Each unit includes its own private 220 sq ft garage and ample additional parking. Live in one unit and rent the other, create a multigenerational living setup, or explore income-producing opportunities. Each unit rented for $2,300/month prior to renovation, offering strong investment potential. Conveniently located across from the YMCA with easy access to shopping, dining, schools, parks, and commuter routes. No HOA and endless possibilities await!

11005 SE 248th Street, Kent

Listing courtesy of Pure Real Estate.

$465,000

2540329 MLS ⋅ ACTIVE Status

Great Investment Opportunity! Well maintained Duplex. Excellent opportunity to add a proven income producing property to your portfolio. This well maintained duplex has a strong long term rental history and is ideally located near schools, parks, sports facilities, shopping, and just minutes from I-5, providing convenient access for commuters. Each unit offers 2 bedrooms, 1 bathroom, approximately 946 square feet of living space, a private patio, and an attached single-car garage. Recent improvements include fully renovated in one unit, fresh interior paint, updated flooring, newer exterior paint, and additional updates throughout.With long term tenants already in place, this property provides stability and immediate rental income potential. Don't miss this opportunity to own a quality multifamily investment in a desirable location.Property Highlights:Well-kept duplex with excellent rental history. Two, 2 bedroom, 1 bath, units. Approximately 946 sq. ft. per unit. Newer roof, both units have updated windows, and new garage doors. Private patio for each unit, attached single car garage plus additional parking for guests. Make this one your newest investment.

2718 Mt. Vista Road Unit #A, Centralia

Listing courtesy of John L. Scott CNT.

$700,000

2543188 MLS ⋅ ACTIVE Status

Exceptional investment opportunity in the heart of Wenatchee! This well positioned 5 unit multi family property offers an ideal location with convenient access to downtown, shopping, dining, and everyday amenities. The property features a desirable unit mix including (1) studio, (3) one bedroom one bathroom units, and (1) spacious three bedroom 1.5 bathroom unit. Current rents range from approximately $950 to $1,450 per month. Four of the five units have been thoughtfully remodeled, while the remaining unit has been maintained by a long term tenant, providing valuable rental history and stability. All utilities are tenant paid, helping maximize operating efficiency. Residents enjoy on site and street parking, as well as convenient on site coin operated laundry. With a strong Net Operating Income of approximately $55,913 and priced competitively with an estimated 8% cap rate, this property presents an excellent opportunity for investors seeking dependable rental income and long term value in the Wenatchee market.

330 Roosevelt Avenue, Wenatchee

Listing courtesy of Premier One Properties.

$419,900

2543194 MLS ⋅ ACTIVE Status

This duplex generates $2,500 per month in gross rental income and offers a proven history of consistent occupancy with low tenant turnover. Each unit features 2 bedrooms, 1 bathroom, in-unit laundry, a single-car garage, and a large private yard space that has been a major draw for tenants.Tenants pay all utilities and are responsible for yard maintenance, helping keep operating expenses low. Recent improvements include a new water line for Unit 1902 (2025), roof overlay, and new flooring and carpet in Unit 1900. Located in a neighborhood comprised primarily of duplex properties and bordered by Mercer Creek. Current flood insurance premium is approximately $410 per year.With stable cash flow already in place, this property presents an attractive opportunity for investors seeking value-add potential through future rent increases, cosmetic improvements, and possible reconfiguration of existing garage space, subject to buyer verification and applicable regulations. A solid income-producing asset with desirable tenant amenities, strong rental history, and potential for future appreciation and income growth.

1900 -1902 N Regal Street, Ellensburg

Listing courtesy of Coldwell Banker Central.

$975,000

2541334 MLS ⋅ ACTIVE Status

Beautifully Maintained, Updated duplex offering breathtaking Puget Sound and Olympic Mountain views. Family-built, well-cared for and thoughtfully managed, this property reflects true pride of ownership and stewardship throughout. Each unit features 2 levels, 3 bedrooms, 2 bathrooms, one attached garage and a 1-car detached garage, providing the feel and functionality of a single-family home with strong tenant appeal. Recent capital improvements include both units fully renovated with quality finishes and modern updates. Rents remain significantly below current market levels, presenting an outstanding opportunity for future income growth and enhanced cash flow. Large windows capture panoramic water and mountain views, creating a living experience rarely found in multifamily properties. Located in a highly desirable University Place rental market with strong demand, this duplex offers a unique combination of quality construction, exceptional views, and value-add potential. An outstanding opportunity for investors seeking stable income, future appreciation, and long-term wealth creation.

1917 -1919 Willow Lane W, University Place

Listing courtesy of Keller Williams Rty Tacoma.

$975,000

2541333 MLS ⋅ ACTIVE Status

Beautifully Maintained Duplex offering breathtaking Puget Sound and Olympic Mountain views. Family-built, well-cared for and thoughtfully managed, this property reflects true pride of ownership and stewardship throughout. Each unit features 2 levels, 3 bedrooms, 2 bathrooms, one attached garage and a 1-car detached garage, providing the feel and functionality of a single-family home with strong tenant appeal. Recent capital improvements include one fully renovated unit with quality finishes and modern updates. Rents remain significantly below current market levels, presenting an outstanding opportunity for future income growth and enhanced cash flow. Large windows capture panoramic water and mountain views, creating a living experience rarely found in multifamily properties. Located in a highly desirable University Place rental market with strong demand, this duplex offers a unique combination of quality construction, exceptional views, and value-add potential. An outstanding opportunity for investors seeking stable income, future appreciation, and long-term wealth creation.

1911 -1915 Willow Lane W, University Place

Listing courtesy of Keller Williams Rty Tacoma.

$595,000

2543048 MLS ⋅ ACTIVE Status

Here is your opportunity to buy a duplex and become your own landlord, conveniently located on the Westside of Olympia. Both units are 2 beds / 1 bath and feature updated kitchens, appliances, water heaters, windows, and paint. Heat pumps for efficient heating and cooling, as well as real hardwood floors throughout the main living area. Individual garages, large private patios, and an expansive back yard helps this property appeal to the potential tenants of all sorts. Live in one side and have your tenant make half your mortgage payment or rent both, as it would cash flow. HOA maintained common area landscaping. Situated on a quiet dead-end street, this duplex is just minutes from schools, shopping, healthcare, HWY 101, and I5. Great long term tenant in one unit who would like to stay, other being kept vacant for sales purposes.

2015 2017 8th Court SW, Olympia

Listing courtesy of Windermere RE/Himlie.

$700,000

2542529 MLS ⋅ ACTIVE Status

Investor opportunity or ideal owner-occupant property with income potential! Well-maintained duplex featuring two spacious units, each offering 3 bedrooms, 2 bathrooms, and approximately 1,042 square feet. Both units include full kitchens with range/oven, refrigerator, dishwasher, and dedicated washer/dryer hookups—a highly desirable feature for tenants and owner occupants alike. Currently generating $1,700 per month per unit, providing strong and consistent rental income.Situated on a large usable lot with ample outdoor space, storage shed, and plenty of parking. Private well and septic system help keep monthly utility expenses predictable and affordable, enhancing overall cash flow. Live in one unit and offset your mortgage with rental income from the other, or add a solid income-producing asset to your investment portfolio.Conveniently located with easy access to nearby amenities while offering a peaceful country setting. Strong rental history, functional floor plans, and attractive income make this a rare opportunity for investors and owner-occupants seeking flexibility, affordability, and long-term value.Current Gross Rental Income: $3,400/month ($40,800 annually).

30517 -19 Webster Road E, Graham

Listing courtesy of 1% Lists Pacific Northwest.

$759,000

2542088 MLS ⋅ ACTIVE Status

Exceptional opportunity for homeowners and investors alike! This versatile 5-bedroom, 4.5-bath property offers strong income potential, flexible living arrangements, and future development possibilities on a generous lot. With separate entrances for both levels, it's ideal for multigenerational living, owner-occupants seeking rental income, or savvy investors. The main level features a gourmet kitchen, spacious living areas, and three generously sized bedrooms with two full bathrooms. The lower level offers multiple income-producing units, each with its own bathroom, while the larger unit includes a full kitchen. Currently partially rented on a month-to-month basis, the property has the potential to generate approximately $6,000 per month in rental income, including about $3,000 from each level. With a projected cap rate approaching 6%, this is a rare investment opportunity in a desirable location. Situated on a large lot surrounded by established single-family homes and attractive new construction, the property offers immediate cash flow and long-term upside. Explore the potential to build your dream home while collecting rental income from the existing residence. Also listed as a duplex, this unique offering provides exceptional flexibility and value. Conveniently located within walking distance to the light rail station, with easy access to shopping, dining, and major employment centers, this is an opportunity you won't want to miss.

24029 24th Avenue S, Des Moines

Listing courtesy of Keller Williams Rlty Bellevue.

$1,070,000

2542836 MLS ⋅ ACTIVE Status

Price Improvement at a 6 cap! Exceptional multifamily investment opportunity located at 1006 - 1010 on desirable Pioneer Avenue, this meticulously maintained triplex offers three spacious 2-bedroom, 1-bath units, each with its own attached one-car garage and additional on-site parking. The property has been thoughtfully updated and features well-appointed interiors that appeal to today's renters. Unit 1010 is equipped with an energy-efficient heat pump providing both heating and air conditioning, while the remaining units feature forced-air natural gas heat. A durable metal roof and consistent upkeep throughout reflect true pride of ownership and help minimize maintenance concerns. Tenants enjoy convenient access to Downtown Puyallup's shops, restaurants, parks, schools, and commuter routes, making this a highly desirable rental location. Whether you're looking to add a stable income-producing asset to your portfolio or seeking a quality investment in a strong rental market, this property offers an attractive combination of cash flow potential, excellent condition, and long-term value. Rarely does a turnkey triplex of this caliber become available in such a prime Puyallup location.

1010 W Pioneer, Puyallup

Listing courtesy of Cascade Properties & Invest..

$1,100,000

2538358 MLS ⋅ ACTIVE Status

Well-maintained four-plex situated on a single tax lot at 3007 & 3009 E 33rd St and 3213 & 3215 Drummond Ave in Vancouver. Each of the four units offers approximately 780 square feet of living space and features a comfortable living room, two bedrooms, one full bathroom, and a kitchen with an eating area. Kitchens are equipped with an electric range, range hood, and refrigerator. Each unit also includes a dedicated laundry closet with washer and dryer hookups for added convenience. The property has benefited from updates throughout all units, including refreshed kitchens and updated flooring. Interior flooring materials include laminate hardwood, laminate, vinyl, and carpet, providing a combination of durability and comfort. Utilities are powered by electricity, including the hot water heaters, and baseboard heating serves each unit. Positioned on a corner lot, this income-producing property offers the advantages of a single tax lot while providing four separate residential units. Exterior improvements include a roof with 30-year composition shingles and gutters installed around 2017. The property is connected to public water and sewer services. This versatile multi-family investment presents an opportunity for stable rental income with functional floor plans, desirable two-bedroom layouts, and convenient access to local amenities, schools, shopping, and transportation throughout central Vancouver. Mortgage savings may be available for buyers of this listing.

3007 E 33rd Street, Vancouver

Listing courtesy of Redfin.

$1,375,000

2540936 MLS ⋅ ACTIVE Status

Rare mixed-use investment opportunity offering the ideal blend of commercial visibility and residential income. This well-maintained property features a beautifully updated storefront with display windows, lobby, kitchen, and bathrooms - perfect for an owner-user or a variety of retail, office, or service businesses. Behind the commercial space are 4 units of varying sizes, including a spacious 3 bed/2 bath apartment ideal as an owner’s residence or premium rental. Interiors have been thoughtfully updated while maintaining character, creating attractive living spaces that tenants love. Amenities include on-site coin-operated laundry, basement storage, & off-street parking spaces. A corner lot with excellent street visibility create a lasting appeal for both commercial & residential tenants, helping support long-term occupancy. Strong income history with room for future upside makes this an outstanding addition to any portfolio, while the live/work potential offers flexibility that’s increasingly difficult to find. Located in Tacoma’s vibrant Three Bridges/North Tacoma neighborhood, you’ll enjoy a highly walkable setting surrounded by popular coffee shops, local restaurants, boutiques, salons, parks, and neighborhood services. Just minutes from the University of Puget Sound, Proctor District, 6th Avenue, Ruston Way waterfront, and major commuter routes, this location continues to attract both residential tenants and thriving local businesses.

2102 -2108 N Oakes Street, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$485,000

2538113 MLS ⋅ ACTIVE Status

Aggressively priced 7-unit apartment building with a strong rental history and clear value-add upside. The property features four 2-bedroom units and three 1-bedroom units, offering a desirable mix of living spaces for tenants. Rents are currently below market, creating a strong opportunity for future rental increases and improved cash flow.The building also includes a garage that can be used as a shop, tenant storage, or additional income-producing space. Conveniently located near public transportation, shopping, and everyday amenities, this property offers both stability and upside potential for investors looking to maximize returns.

1020 J Street, Hoquiam

Listing courtesy of Keller Williams Rlty Bellevue.

$485,000

2542643 MLS ⋅ ACTIVE Status

Hard to find a better duplex for this price. Brand new exterior paint. Units have been well maintained. Located close to Pacific Lutheran University and I-5. Each unit has a washer & dryer and all kitchen appliances. Patio off kitchen with fenced back yard. Always full. Bring your offer.

1701 1703 Garfield Street S, Tacoma

Listing courtesy of Crescent Realty powered by KW.

$1,050,000

2540863 MLS ⋅ ACTIVE Status

Living Large in Lake Stevens~THIS IS IT!! Shy 900 Square Foot Units~2 Beds~1 & 3/4th's Baths~Open Concept Floor Plan~All Appliances Stay~Washer & Dryer Included~Fenced Yards~Greenbelt Back Drop~Garage w/ Remotes~Rambler Style Duplex~Be the Landlord of Luxury~Add Me to Your Property Portfolio~OR...Live in one Side & let the Tenant Make your Mortgage! So many Investment Opportunities to Ponder...No Worries~Leave your Tool Belt Behind~Units have been Updated & Remodeled~Top to Bottom~Stay Home & Collect the Cash!

9010 9th Place SE, Lake Stevens

Listing courtesy of Gilpin Realty, Inc..

$1,095,000

2542462 MLS ⋅ ACTIVE Status

The Mansion District Fourplex is a charming 4-unit multifamily property nestled in the heart of Seattle’s desirable North Capitol Hill neighborhood next to Volunteer Park. Two units are nonconforming units, but can be permitted with SDIC as a value-add opportunity (buyer to verify). This historic gem, built in 1905, blends timeless appeal with modern potential, offering investors a rare chance to capitalize on one of the city’s most desirable areas. Whether you’re looking to boost rental income through market-rate adjustments, legalize the two lower non-conforming units for added value, owner-occupy a unit while generating passive revenue, or redevelop the site into higher-density housing, this fourplex is poised for substantial returns in a market where demand continues to outpace supply.

910 E Prospect Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$998,750

2541782 MLS ⋅ ACTIVE Status

Turnkey investment opportunity in one of Lakewood's most sought-after rental pockets. This well-maintained fourplex features four 2BD/1BA units with in-unit washer/dryers. Three units are remodeled, leaving the fourth for immediate value-add upside. Excellent location just minutes from Joint Base Lewis-McChord (JBLM), Mount Tahoma High School, and Interstate 5. The property offers strong rental demand. Ample off-street parking and private patios complete an already compelling package. A rare chance to step into a largely stabilized asset with built-in growth potential - whether you're a seasoned investor or expanding your portfolio.

5607 76th Street W, Lakewood

Listing courtesy of Every Door Real Estate.

$750,000

2542334 MLS ⋅ ACTIVE Status

**Rare opportunity!** Spacious duplex on a large, level lot with an incredible amount of parking for each unit, including attached garages, abundant off-street parking, dedicated RV parking, and more. Perfect for investors or owner-occupants seeking flexibility and strong income potential. Double win on qn improved pricing AND newly renovated Unit A. **Unit A** has been tastefully updated on July 2026 with luxury vinyl plank flooring, fresh interior paint, an updated primary vanity, and more. **Unit B** is even larger and currently rented, providing immediate income. Unlike many duplexes, each unit lives like a single-family home with a bedroom, full bath, living room, and kitchen on the main floor, plus an oversized primary suite upstairs. Separate water and electric meters add convenience, while the well-maintained property offers attractive landscaping and generous outdoor space. Conveniently located near downtown Puyallup, shopping, dining, parks, transit, and major commuter routes. A rare investment opportunity with immediate cash flow and long-term upside.

219 7TH Street NE, Puyallup

Listing courtesy of Pellego, Inc..

$1,149,999

2533606 MLS ⋅ ACTIVE Status

A meticulously maintained four-plex offering a turnkey investment with room to grow. Each of the four units spans 980 square feet with two bedrooms and two bathrooms, and the layout opens the door to a range of uses, including owner occupancy. Two units are currently rented and two are vacant, giving you immediate income and flexibility from day one. Residents enjoy a large driveway, covered parking, and abundant storage throughout. The building has been recently repainted inside and out. Each unit features new carpet and fresh paint, a large deck with its own storage space, and a private washer and dryer that have both been recently updated. Take in views of the surrounding mountains, with easy access to town for shopping and dining. This is a rare turnkey opportunity in a well-kept property that is ready for its next owner.

1523 Sunset Place, Mount Vernon

Listing courtesy of John L. Scott Snohomish.

$1,300,000

2541112 MLS ⋅ ACTIVE Status

Calling all investors! Opportunity knocks at this charming 1916 Craftsman duplex in a desirable Capitol Hill location. Its sunny western outlook captures sunset city and views of the Space Needle and South Lake Union. In the heart of all Seattle has to offer, this prime address is just minutes from South Lake Union business centers with excellent transit and bike access. A high walk score means you can stroll to restaurants, coffee shops, retail, markets, nightlife, and more! Each spacious 1,115 sq. ft. unit features 3 bedrooms and a full bathroom with hardwood floors and all appliances included. In-unit laundry is a huge perk highly sought after by renters, along with rare individual garage parking for each unit. Don’t miss the coveted outdoor living space, too! A low vacancy rate and hot neighborhood that is constantly in demand make this a smart investment. Long term tenants 7 and 12 years and want to continue to stay.

1010 Bellevue Court E, Seattle

Listing courtesy of Windermere Mercer Island.

$725,000

2541795 MLS ⋅ CONTINGENT Status

Turnkey Duplex – Investment or Owner-Occupant Opportunity. Well-maintained duplex in a desirable Kitsap location near ferries, town, and commuter routes. One unit will be vacant at closing, offering the option to live in one side or maximize rental income. Each unit features 3 bedrooms, 2.5 baths, an attached garage, and additional off-street parking. The occupied unit is leased through December at $2,000/month plus $65/month for shared well water. Situated on a rare ¾-acre wooded lot, the property has seen major updates including a new roof, insulation, moisture barrier, Trex decks, and updated windows. This property has immediate income, strong rental appeal, and long-term flexibility.

1353 - 1355 Saddle Club Road SE, Port Orchard

Listing courtesy of Premier Real Estate Partners.

$749,950

2541857 MLS ⋅ ACTIVE Status

Investor opportunity! Well-maintained 4-plex featuring four 2-bedroom, 1-bath units in a convenient Tacoma location. Strong value-add potential with long-term tenants and significantly below-market rents, offering investors the opportunity to increase cash flow over time. Current ownership has intentionally kept rents low for many years. All tenants are currently on month-to-month leases, providing additional flexibility for future management and rent adjustments. Recent major capital improvement includes a new roof installed in 2025. Each unit offers functional layouts, off-street parking, and strong rental demand in the area. Ideal for investors seeking stable occupancy today with the ability to enhance returns through future rent adjustments. Conveniently located near shopping, dining, schools, transit, and major commuter routes. Rare opportunity to acquire a 4-plex with immediate income and significant long-term growth potential.

7525 10th Avenue Ct E, Tacoma

Listing courtesy of TS Property Management.

$1,900,000

2541763 MLS ⋅ ACTIVE Status

Originally constructed in 1990, the four-story building consists of five spacious residential apartments and one highly desirable commercial suite, creating a diversified income stream uncommon among properties of this size. The residential component includes four oversized one-bedroom units and one expansive two-bedroom unit, each featuring thoughtful floorplans designed to maximize functionality and natural light. All apartment homes benefit from southern exposure and offer generous living spaces, large bedrooms, well-appointed kitchens with abundant cabinetry, and private outdoor patios. Additional in-unit amenities include a range, refrigerator, dishwasher, microwave, and air-conditioning. The ground-floor commercial space further enhances the property’s appeal, offering an attractive, flexible environment characterized by beautiful hardwood flooring, a kitchenette, and a private shower. This unique component provides investors with additional income diversification while serving a variety of potential tenant uses. The property has been meticulously maintained throughout ownership and features frame construction with durable vinyl siding and a pitched roof that remains in excellent condition. Additional tenant amenities include a common laundry facility, an inviting rooftop deck with neighborhood views, and an exceptional 1:1 parking ratio, an rare feature in Fremont’s urban core.

816 N 38th Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$4,500,000

2541407 MLS ⋅ ACTIVE Status

6%+ cap rate in the heart of West Seattle Morgan Junction! Six tax parcels one building. Acquire 1031 then sell one unit every 2 years make this an advantageous tax move? New construction modern design & luxury commercial grade finishes combined with ideal location check all the boxes for landlord & tenant. Sustainability meets low cost of ownership make this the ideal investment opportunity. Nearly green built w/HE Mitsubishi in-ceiling ductless heating/cooling, dual Panasonic energy recovery ventilators, HE hybrid recirculating HW & heated tile floors. Open floorplan, floor to ceiling windows, ideal for entertaining. Rooftop deck w/commanding Puget Sound & Olympic Mountain views. Primary suite has dual WIC's w/custom built-in closet systems, dual sink vanity & custom shower tile/glass. Off-street parking with EV chargers. Urban living at its finest, steps to the Morgan Junction, dining, coffee, craft beers, Zeek's Pizza & the unsurpassed local & international selections of the West Seattle Town&Country/Thriftway. Minutes to Lincoln Park for hiking/biking & beach combing & Colman Saltwater Pool Seattle's ONLY saltwater swimming pool. Easy to rent, low turnover new construction with all the amenities tenants want make this a landlords dream.

6318 41st Avenue SW Unit #A-F, Seattle

Listing courtesy of Columbia Partners Real Estate.

$1,395,000

2541515 MLS ⋅ ACTIVE Status

Great location!!! Rare opportunity to build NEW Townhomes/Condos. Multi-Family Zoned for Townhomes/Condos highest & best use with 40’ foot height restriction. Per City of Bellevue a possibility to build more than 2 units, buyer to do their own due diligence with the City of Bellevue. Existing duplex is occupied and tenants are MTM. Do NOT disturb tenants. Level property. Gas, electric, water & sewer already connected on property for 2 units in essence saving $$$$$ in connect fees. Stable soil. Property sits in Cul-De-Sac, quiet dead end street. Close to schools, Bellevue College, shopping, I-90, I-405, downtown Bellevue and light rail. Selling in “As Is” condition and seller will do no repairs.

910 142nd Avenue SE, Bellevue

Listing courtesy of Skyline Properties, Inc..

$1,200,000

2529059 MLS ⋅ ACTIVE Status

Investor opportunity! If you're looking for a place to put your 1031 exchange money look no further! This fourplex featuring four 2-bedroom, 1-bath units with strong upside potential. 2705 & 2709 have been updated, while 2701 & 2703 offer an opportunity for improvements and added value. Current rents are below market, providing excellent potential for future rental increases and improved cash flow. Tenants are month to month. All units include a washer and dryer, 2701-2703 (stack units), 2705-2709 (full size) Each building has a submeter installed to track each tenants water use so you can charge the tenant for their share of the water and sewer bill.

2701 Texas (2701-2709) Street, Bellingham

Listing courtesy of Lakeside Realty, Inc..

$1,500,000

2536775 MLS ⋅ ACTIVE Status

Lakeview is a 6-unit multifamily apartment building located near highly-sought after downtown Burien, just 2 blocks from all the hip restaurants, cafes, bars, library, retail, and parks of historic downtown Burien, with easy transit access. The well maintained building offers 6 spacious, well-laid out 2br/1ba plans, averaging 966 sq. ft. Updated kitchens/baths, granite countertops, newer flooring, in-unit W/D, large private balconies, newer paint, and 12 parking spaces.

15409 9th Avenue SW, Burien

Listing courtesy of Lake & Company.

$1,275,000

2521673 MLS ⋅ ACTIVE Status

Outstanding investment opportunity in this solid 4-plex, built in 2006 and showing like new. Configured as two duplexes on one lot but permitted as a fourplex, each unit offers a generous 1,234 square feet with 3 bedrooms and 2 bathrooms—plenty of space to attract quality, long-term tenants. The exterior has been well maintained throughout, minimizing deferred maintenance concerns for a new owner. Conveniently located near 47th and South Tacoma Way, with easy access to shopping, dining, commuter routes and right next to the local school bus stop. A great addition for investors seeking a turnkey property with strong bones and dependable rental appeal.

4552 S Puget Sound Avenue, Tacoma

Listing courtesy of Redfin.

$2,250,000

2540788 MLS ⋅ ACTIVE Status

SELLER FINACNING! Excellent investment opportunity with proven cash flow and strong long-term stability! This 8-unit complex is ideally located near Wenatchee Valley College and centrally positioned for easy access to shopping, dining, and public transportation—supporting consistent tenant demand and strong occupancy. The property features a desirable unit mix of one 1-bedroom unit and seven 2-bedroom units, creating a balanced and reliable rent roll. All units are single-level flats with no units above or below, offering enhanced privacy and strong tenant appeal. Each unit includes a fireplace and in-unit washer and dryer, with select units featuring private patios. Additional amenities include covered parking for tenants and ample street parking for additional vehicles. The property has an exceptionally strong rental history, making it an ideal asset for investors seeking dependable income and long-term performance.

340 Pear Lane Unit #1-8, Wenatchee

Listing courtesy of CB Cascade RE - Lake Chelan.

$995,000

2540094 MLS ⋅ ACTIVE Status

Two-story mixed-use triplex on sunny corner lot in sought-after Fountain District oozes with charm and performs at a 6+ cap rate! Zoned Urban Village Commercial Transition which allows many redevelopment options - but this is no tear down. Originally built in 1925, all units have been fully updated and maintained by current owners. Commercial suite, remodeled in 2018, has welcoming front reception with 4 separate treatment rooms and a 5th room with sink which could be used for treatments or a break room. Upper level 2-bedroom apartment remodeled in 2025 with new carpet, paint and fixtures. Downstairs apartment remodeled in 2015 with new flooring installed in 2020. Property delivers a 6% cap rate with 2,376 sqft on the interior and a large graveled lot with 12 parking spots. Back patio / grotto is a perfect little secret which owners and staff use as an outdoor break room. Parcel is bigger than it looks as arborvitae hide additional lot square footage. Located within walking distance of popular shops and restaurants. Excellent traffic counts with high visibility retail presence. Owners will carry a partial loan with at least $500K down.

2701 Northwest Avenue, Bellingham

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

$867,400

2540485 MLS ⋅ ACTIVE Status

Versatile property offering a well-maintained duplex and expansive shop on nearly one acre in Centralia. Each single-story unit features 2 bedrooms, 2 bathrooms, updated windows, all appliances, separate septic systems, and individual power meters. The impressive 30' x 48' shop with a 24' x 36' extension is separately metered and equipped with two 14-foot doors, two 12-foot doors, and one 8-foot door, providing flexibility for storage, workspace, equipment, vehicles, RVs, or other permitted uses. Attractive landscaping, a partially fenced yard, and independent utilities enhance the functionality of this unique property. Whether seeking multi-unit housing, additional space for business or hobby needs, or future rental opportunities, this property offers a variety of potential uses in a peaceful Centralia setting.

2623 Sandra Avenue, Centralia

Listing courtesy of Dove Realty, Inc..

$550,000

2540155 MLS ⋅ ACTIVE Status

EXCEPTIONAL NEW-CONSTRUCTION DUPLEX by Silverline Builders LLC in one of Ocean Shores' most desirable locations. Scheduled for completion on 7/15/2026, this quality-built investment opportunity is adjacent to popular Oyhut Bay Village, with restaurants, shops and community amenities just a short walk away. Offering 2,162 total square feet, each unit features over 1000 sq ft of thoughtfully designed living space with premium cabinetry, quality flooring, and upscale fixtures throughout. Each bedroom and the main living area in both units are individually controlled with energy efficient mini-split systems for year-round comfort. Ideal for investors or owner-occupants seeking income potential-live in one unit and rent out the other, or lease both units. Situated on a large lot directly across from Ocean Shores' renowned 23-mile freshwater canal system, providing easy access to recreation, kayaking, motorboating, fishing and scenic walking paths. Minutes to the Pacific Ocean and beach! Mere minutes to the closest boat ramp! Brand-new construction with modern finishes and low maintenance living. Property is not zoned for short term rentals. Does not currently have a community club membership but can enroll if desired to enjoy the indoor pool, gym, and club house etc. for approx. $21 per month. Shown by appointment and in the final stages of completion. (Note: Landscaping in marketing photos is virtually staged) Interior pictures coming soon!

221 Marine View Drive SW, Ocean Shores

Listing courtesy of Keller Williams South Sound.

$975,000

2539840 MLS ⋅ ACTIVE Status

Looking for a great investment? This super clean 4 plex is just what you've been waiting for. Each unit has 2 bedrooms and 1 bath, good size living area and dining area. All units are in great shape and the roof is only a few months old! All remodeled inside and out several years ago, but they are still looking like new. Quartz countertops, stainless appliances and white cabinets. Each unit has a patio or deck and small storage unit. Laundry room on each floor, lot's of parking, huge lot, partial fenced. Close to schools, shopping, restaurants, bus, Spanaway Lake and JBLM. Great location! If your looking to build your portfolio, come take a look. Ask your Realtor to see the supplements page attached to listing!

122 169th Street E, Spanaway

Listing courtesy of John L. Scott, Inc.

$1,150,000

2536626 MLS ⋅ ACTIVE Status

Rare generational investment opportunity in the heart of the highly sought-after Edmonds Bowl! This grandfathered triplex has been lovingly held for years and is a truly uncommon offering in one of the area's most desirable coastal communities. Multi-family properties of this caliber rarely come to market. This well-maintained property is in great condition and features updated countertops in all three units. The unit mix includes one 1-bedroom+ office/1-bath unit and two 1Bed/1Bath Unit three 2-bedroom/1-bath, providing strong rental appeal and excellent income potential. Live in one unit and rent the other two, or maximize cash flow by leasing all three units. With a strong rental history and low vacancy risk, this triplex represents a premium investment opportunity in a high-demand market. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking supplemental income. Seller will consider owner financing for qualified buyers. Ideally located within walking distance of downtown Edmonds, the waterfront, ferry terminal, beaches, restaurants, boutiques, and the popular Farmers Market. Convenient access to Highway 99, I-5, and near Boeing.

1254 8th Avenue S, Edmonds

Listing courtesy of HomeSmart One Realty.

$899,000

2539221 MLS ⋅ ACTIVE Status

HAPPY VALLEY TRIPLEX with ADDITIONAL DEVELOPMENT POTENTIAL! Premium location and a massive 7500 square foot lot make this truly an exceptional opportunity. Nestled between Wilson Ave. and Cowgill Ave. with access off both parallel streets. From Wilson, you have two apartments each with a one-car attached garage. The units feature 2 bedrooms, 1 full bath, open kitchen / living room layout, spacious bedrooms, closets off the hall and in-bathroom, and a slider out to a deck to BBQ or lounge in the beautiful PNW weather. Each unit also has a full size washer/dryer in their extra deep 1-car attached garages. Both units have 1 year leases recently re-signed at $1750 and $1850/mo. On the backside of the property, accessed from Cowgill Ave, you have an oversized 1008 sq. ft. studio apartment with a full kitchen, full size washer/dryer, massive living room and extra-large sleeping / storage / lounge space. The extra large parking area / yard accessed off Cowgill Ave. has the potential to hold additional units (Buyer to verify with COB), giving this property considerable upside opportunity in the years ahead. In the attendance areas of Lowell Elementary, Fairhaven Middle School and Sehome High School. Blocks to Fairhaven Village and its countless shops, restaurants, parks and entertainment. Continue collecting rents, or plan to house-hack while South Side real estate prices continue their steady climb.

1810 Wilson Avenue, Bellingham

Listing courtesy of COMPASS.

$819,000

2537956 MLS ⋅ ACTIVE Status

Exceptional opportunity to acquire brand-new duplexes in highly desirable West Olympia. Built for long-term, low-maintenance ownership, these turnkey investment properties offer modern construction with minimal capital expenditure concerns for years to come. Located in a strong rental market characterized by high demand, low vacancy rates, and attractive rental income potential, these duplexes are well-positioned for consistent cash flow and long-term appreciation. Situated at the end of a private dead-end street, the properties offer a quiet setting that appeals to quality tenants while remaining conveniently close to major employers, shopping, schools, and commuter routes. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is a rare opportunity to invest in newly constructed multifamily assets in one of Olympia's most sought-after rental locations.

1610 Decatur Street SW, Olympia

Listing courtesy of Capitol Real Estate LLC.

$819,000

2537959 MLS ⋅ ACTIVE Status

Exceptional opportunity to acquire brand-new duplexes in highly desirable West Olympia. Built for long-term, low-maintenance ownership, these turnkey investment properties offer modern construction with minimal capital expenditure concerns for years to come. Located in a strong rental market characterized by high demand, low vacancy rates, and attractive rental income potential, these duplexes are well-positioned for consistent cash flow and long-term appreciation. Situated at the end of a private dead-end street, the properties offer a quiet setting that appeals to quality tenants while remaining conveniently close to major employers, shopping, schools, and commuter routes. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is a rare opportunity to invest in newly constructed multifamily assets in one of Olympia's most sought-after rental locations.

1614 Decatur Street SW, Olympia

Listing courtesy of Capitol Real Estate LLC.

$919,500

2539287 MLS ⋅ ACTIVE Status

Updated, fully occupied Everett duplex just 4 miles from Boeing & Paine Field! Major upgrades include new roof, gutters, and exterior paint (2022), full PEX re-pipe (2024), and widened driveway for extra parking. Unit A (3 bed, 2 bath) with 2-car garage was remodeled in 2022 with new appliances, flooring, cabinets, and surfaces. Unit B (3 bed, 1 bath) remodeled in 2025 with similar finishes. Strong rental history with stable tenants. Located 3 blocks from Madison Elementary, 1 mile to shopping/groceries, and 2 miles to Forest Park. Ideal turn-key investment with excellent location and solid updates—low maintenance, great cash flow, and no vacancy needed!

6015 Dexter Avenue Unit #A/B, Everett

Listing courtesy of HomeSmart Real Estate Assoc.

$650,000

2538264 MLS ⋅ ACTIVE Status

Updated Duplex in Burlington. Great Investor Opportunity! Each unit is 3 bedrooms & 1 bathroom, with separate fully fenced yards. Seller is currently renting rooms in Unit A for $900/mo – beginning to rent rooms in Unit B for the same, as well. Tenants on M2M leases. New buyer can inherit tenants, for immediate cash flow. Yards back up nicely to Burlington Hill, offering green space and a more private rural feel. NEW ROOF, newer appliances, updated kitchens, vinyl flooring, & electric fireplaces. More updates to come, seller is having gutters installed, plus interior trim, some painting, etc. Interior is light & bright. Each unit has a dedicated laundry area, including pantry, dining space, full kitchen & outdoor patio. RV Parking. Sited nicely at the end of the street, just off the cul-de-sac. NO flood insurance required. 24 Hours notice needed for tours – schedule your visit today!

11040 N Skagit Street Unit #A & B, Burlington

Listing courtesy of John L. Scott Snohomish.

$3,250,000

2535455 MLS ⋅ ACTIVE Status

Downtown Kirkland 4-PLEX multi-family property COMPLETELY REMODELED throughout! Interior improvements include new paint, skim coating, solid core doors, trim, closet systems, vinyl windows, beautiful and modern laminate vinyl plank flooring, new blinds, new light fixtures, plumbing fixtures, new interior electrical panels. New radiant heaters (including add on heaters in each kitchen & bathroom). Kitchens feature new cabinets, fresh quartz countertops, stainless steel appliances, garbage disposals, and tile backsplash. Fully remodeled bathrooms with new tubs, sinks, toilets, cabinets, heaters, and tile. Exterior upgrades include new paint, Durable Trex decking & new railing, doors, & refreshed landscaping! All units are rented out.

845 Kirkland Way, Kirkland

Listing courtesy of eXp Realty.

$2,100,000

2539203 MLS ⋅ ACTIVE Status

Stunning New Construction Condo! Waugh Road Condos are beautifully designed 3-bedroom, 2.5-bath condos in a brand-new construction community. With stylish, modern finishes and a prime location, this home offers both comfort and convenience. The condo features floor-to-ceiling tile in the master shower, smart switches, mini split heat pump with A/C, EV charger, 9-foot ceilings and sleek stainless-steel appliances, including a refrigerator. Washer & Dryer are also included. Whether you're relaxing on the front porch, or taking advantage of the community's playground, you'll love everything this home has to offer. This condo is perfectly positioned for easy access to local shops, restaurants, parks, outdoor recreation and the I-5. HOA DUES ARE NOT PAYABLE UNTIL 9 OF THE 11 UNITS IN THE PROJECT HAVE SOLD. ADDITIONAL 4PLEX AND A 3PLEX ARE AVAILABLE FOR SALE

1601 N Waugh Road Unit #A-D, Mount Vernon

Listing courtesy of Rava Property Group.

$239,900

2536933 MLS ⋅ ACTIVE Status

Investor Opportunity — Turnkey Duplex With Rental This fully-rented duplex is ready to step seamlessly into your investment portfolio. The upper unit offers 2 bedrooms/1 bath, while the main-level unit features 2 bedrooms/1 bath plus a convenient washer/dryer hookup. The main-level tenants also enjoy a spacious fenced backyard and a generously sized deck directly off the back door — an appealing amenity that supports long-term tenancy. Recent updates include a new hot water tank in the upper unit. Both units are rented at current market rates with leases already in place, providing immediate, predictable cash flow. A solid investment in a steady rental market.

2428 Pacific Avenue, Hoquiam

Listing courtesy of Hidden Coast Homes.

$3,150,000

2539063 MLS ⋅ ACTIVE Status

17 unit apartment complex off Lakeway on Nevada Street within walking distance to bus line, Whole Foods, Carl cozier elementary school, city park and pool complex. Central location. Unit mix:12 one- bedroom units and 5 -two bedroom units all under market rent with stable vacancy history. Excellent parking. Recent maintenance: New roof 2026new gutters 2026new washer dry units in common laundry room. The third floor units are accessed off a ground level parking lot with 9 uncovered spaces on the east side of the property.20 uncovered spaces on ground floor access and 7 covered spaces. Operating Expenses: Using a 28% total expense estimate.

1252 Nevada Street, Bellingham

Listing courtesy of Windermere RE Whatcom, Inc..

$2,900,000

2539066 MLS ⋅ ACTIVE Status

12-unit multifamily investment opportunity located in Seattle’s Capitol Hill neighborhood directly adjacent to Seattle Central College and the Capitol Hill Link Light Rail Station. Built in 1959, Harvard Court is situated on an 8,960 SF lot and offers strong in-place income with additional rental upside potential. Property features excellent access to downtown Seattle, with a direct light rail connection to Westlake Station in approximately 4 minutes. The location provides walkable access to shopping, dining, nightlife, and major employment centers throughout Capitol Hill and downtown. Zoned MIO-105-NC3-55 (M), the site also offers future redevelopment potential with zoning allowing heights up to 105 feet across a variety of permitted uses. Rare opportunity to acquire a well-located multifamily asset in one of Seattle’s strongest urban rental markets.

1818 Harvard Avenue, Seattle

Listing courtesy of Congress Realty.

$875,000

2538986 MLS ⋅ ACTIVE Status

Located in a desirable area of Bellingham, this income-producing property offers strong current cash flow with exceptional long-term development potential. This property includes TWO homes: a recently updated 3-bedroom, 1-bath home renting for $2,500/month and a fully remodeled 2-bedroom, 1-bath apartment bringing $1,600/month. Tenants pay all utilities, and both units feature fully fenced yards and ample off-street parking, creating a low-maintenance investment with a cap rate exceeding 5% at current rents. An unfinished space ready to be built out into a studio apartment provides an immediate value-add opportunity to increase income. The real upside is the development potential. Zoning aligned with the city’s Middle Housing Ordinance allows for 16+ units, ideal for clusters of fourplex-style buildings. With improved street frontage and alley access, the property offers flexibility for phased redevelopment or a larger future project. The large grassy area north of the home may even provide the opportunity to subdivide, build another home, or pursue a smaller development project down the road. Located just minutes from Whatcom Falls Park and the Interurban Trail, the location supports strong rental demand from residents who value Bellingham’s outdoor lifestyle. Hold for income, add a third unit, subdivide, or plan future redevelopment—this is an investment with immediate performance and long-term upside.

2124 Woburn Street, Bellingham

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

$550,000

2534690 MLS ⋅ ACTIVE Status

Positioned in the heart of Port Orchard within Business Professional Mixed Use zoning, this well-maintained duplex offers a rare blend of income potential and flexibility of use. The vacant main-level unit features 3 bedrooms, 1 bath, and 1,318 SqFt of single-level living, highlighted by newly refinished hardwood floors, a spacious family room with wood-burning fireplace, and a fully fenced backyard with patio. The 858 SqFt upper unit offers 1-bedroom, 1-bath, spacious living room area and great natural light. Each unit enjoys its own washer and dryer, private entrance, and dedicated 1-car garage. Recent improvements include a new 30-year roof, new gutters, fresh exterior paint, and a fully refreshed crawlspace with new insulation and vapor barrier. Conveniently located near Highway 16, shopping, dining, and downtown amenities.

360 Tremont Street W, Port Orchard

Listing courtesy of Paramount Real Estate Group.

$3,800,000

2538805 MLS ⋅ ACTIVE Status

Built in 1968 and positioned on the corner of Carr Street and N 30th Avenue, Harbor View Apartments occupies one of Old Town Tacoma's most coveted residential addresses. The property's strategic location places residents at the heart of one of Tacoma's most vibrant and historically rich neighborhoods, with immediate access to the boutique shops, acclaimed restaurants, and waterfront amenities that define the Old Town experience. 6 of the 16 units have been recently renovated with modern finishes and in-unit washer & dryer. Many of the units enjoy sweeping water views of Commencement Bay. The property features a desirable unit mix of eight one-bedroom homes averaging 722 square feet and eight two-bedroom homes averaging 925 square feet, providing a well-balanced offering that appeals to a broad spectrum of renters. Currently 100% occupied, Harbor View demonstrates the enduring and consistent rental demand that characterizes well-located assets in supply-constrained submarkets. With in-place rents of approximately $24,400 per month against a market rent potential of approximately $30,000 per month, the property presents a compelling value-add opportunity with nearly $5,600 per month in proven rent upside through a thoughtful interior modernization program

2902 N Carr, Tacoma

Listing courtesy of Kidder Mathews.

$2,800,000

2538763 MLS ⋅ ACTIVE Status

Built in 1959 and representing the quintessential Tacoma brick construction, Viewcrest Terrace Apartments is a meticulously maintained asset that has stood the test of time - both in physical condition and locational relevance. The property sits on the corner of Tacoma's prominent 6th Avenue corridor and S Jackson Avenue, offering residents sweeping views of Puget Sound and the Narrows Bridge from one of the most coveted residential locations in the city. Despite its premier positioning, the property presents a compelling light value-add opportunity with approximately $4,000 per month in unrealized rental upside between current in-place rents and market rates. A targeted interior modernization program focused on updated finishes, fixtures, and unit upgrades provides a clear and executable path to capturing meaningful rent premiums — without the need for significant structural or exterior capital investment. The building's exceptional physical condition allows a new owner to focus exclusively on value creation rather than deferred maintenance

601 S Jackson Avenue, Tacoma

Listing courtesy of Kidder Mathews.

$1,250,000

2538650 MLS ⋅ ACTIVE Status

Exceptional investment opportunity in the heart of Burien with a strong rental history. This well maintained 4-plex features four spacious 2-bedrooms, 1-bath units, each unit features a functional open flowing floorplan with a large kitchens, in unit washer and dryers plus a private covered patio. These units are perfect for entertaining, pets, gardening or just plenty of room to relax or play. This centrally located gem offers endless potential. Situated on a large, level corner lot, the property includes 18 parking spaces.Ideally located just minutes from downtown Seattle, Sea-Tac Airport, schools, parks, shopping, and public transit, with quick access to I-5, Highway 99, and SR-509. The property is zoned MU-1 (Mixed Use 1), allowing for future development potential of up to five stories. Whether you're seeking immediate cash flow or long-term redevelopment opportunities, this turnkey asset offers outstanding value and significant upside potential. Please do not disturb tenants.

259 S 156th Street Unit #1-4, Burien

Listing courtesy of Urban Pacific Real Estate.

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