Mckenna Real Estate | Mckenna Multi-Family Homes for Sale

Price Improvement! Incredible value | Rental Duplex | Each unit features 3 bedrooms, 2.5 baths, and an attached 2-car garage | Phenomenal 5.74% CAP Rate!!! | Individual private yard space. Fantastic opportunity to own a high-yield investment property in Everett's prime Silverlake area with opportunity for further upside. Stable rental income from long-term tenants in both units. Buyer may offset living expenses by residing in one unit and generating rental income from the other. Each unit features a bright, open-concept main level offering a kitchen with an inviting peninsula, a spacious living room, a convenient powder room with laundry, direct access to the side-by-side 2-car garage, and a sliding glass door to a private side yard. The upper level features a primary suite with an ensuite bath, two additional bedrooms, and a full bath. Each unit also includes an additional dedicated parking pad. New roof in 2023. Newer appliances. Low-maintenance and easy to manage. Located near public transit, shopping, dining, schools, P&R, and other everyday amenities. Discreet viewing only. Showings and inspection after mutual acceptance. Listing Broker is one of the Sellers.

10431 19th Avenue SE Unit #A & B, Everett

Listing courtesy of WeLakeside.

$935,000

2538486 MLS ⋅ ACTIVE Status

Calling all investors! Don’t miss this rare opportunity to own a townhome-style triplex in the highly desirable Meadow Brooke Estates, ideally located within walking distance of North Auburn’s schools, restaurants, and shopping. Each well-maintained unit offers approximately 1,187 SF with 2 bedrooms + den, 1.5 baths, in-unit laundry, individual attached garages, additional driveway parking, and access to a shared yard area. Major capital items including roof, windows, and siding have been replaced, making this a low-maintenance, turnkey investment. All three units are currently leased with historically low vacancy, providing immediate, stable cash flow. Zoned R-10, the property allows for a variety of residential uses, including short-term rental use subject to City of Auburn regulations, offering potential operational flexibility for future ownership strategies. With a 5.75% cap rate, strong in-place tenancy, and a prime location just minutes from downtown Auburn, major highways, and Green River College, this asset presents a compelling opportunity for investors seeking durability, flexibility, and long-term demand.

1019 18th Street NE, Auburn

Listing courtesy of Lee & Associates Commercial RE.

$1,895,000

2538004 MLS ⋅ ACTIVE Status

Bittertree Condominiums is an eight-unit apartment building at 13310 Greenwood Ave N in Seattle’s Greenwood neighborhood. Built in 1996, the property features two large studios, two one-bedroom units, and four two-bedroom units. All units include in-unit washers and dryers, private balconies, and access to a secured garage with seven parking stalls. The building sits on a 6,787 SF LR3 (M) zoned lot on Greenwood Avenue. This is a stabilized asset with upside potential. Five units have been updated with luxury vinyl plank flooring and newer appliances. The remaining three are occupied by long-term tenants with below-market rents, offering an opportunity to increase income through natural turnover. With separate electric meters, water sub-metering, and modern construction, the property offers a low-maintenance, efficient operating profile. Seller financing is available with 30% down and a five-year interest-only term: 5.0% interest in years one and two, and 5.5% in years three through five. The investment delivers a 5.7% cap rate and 7.2% cash-on-cash return at acquisition, increasing to a 6.6% cap rate and 10.2% cash-on-cash return as rents reach market levels.

13310 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$565,000

2537943 MLS ⋅ ACTIVE Status

Prime location! Tucked away in a quiet cul-de-sac between Woodland and Canyon Road off 84th Street, this well-maintained duplex offers exceptional convenience just 2 miles from Hwy 512. A fantastic investment opportunity—add it to your portfolio or live in one unit while generating rental income from the other. Both units feature identical floor plans with spacious living rooms, large kitchens with white cabinetry, pantry storage, laminate flooring, and bright dining areas filled with natural light. Each unit offers two generously sized bedrooms, double closets in the primary bdrm, and an adjacent bathroom with a low-maintenance tiled shower. Situated on a sprawling, level lot that backs to a private, lush greenbelt, the property provides a peaceful setting with partially fenced backyards, a composite deck on the west side, and abundant off-street parking. Enjoy year-round comfort and energy efficiency with ducted forced-air heating and cooling—no wall heaters here! Each unit includes an attached one-car garage with laundry hookups. All kitchen appliances stay; washers and dryers belong to the tenants and are excluded from the sale. Conveniently located near shopping, dining, parks, walking trails, and with easy access to both Hwy 512 and I-5, this is an opportunity you won’t want to miss.

8224 59th Avenue E, Puyallup

Listing courtesy of Better Properties Real Estate.

$699,975

2537291 MLS ⋅ ACTIVE Status

Excellent Duplex Opportunity off Danforth Drive at 94th Ave. Each unit has been updated and is 2 bedroom per side with 1 bath per side, plus a den/office. Great investment property with strong consistent rental income. One unit is currently rented at $2,150 per month and the other new updated unit is $2,250 per month. Situated on a sunny one acres parcel with great drainage, this property offers low maintenance & minimal annual expenses. The property has easy to care for vinyl siding, nicely landscaped yards, adding to the overall value & ease of ownership. Easy rental history in this quiet serene area. Quiet low traffic area on a private road off Danforth Ave. Sunny southern exposure off the back porch/deck for entertaining and room to play and run. Strong rental appeal & returns make this an excellent rental property. Property is approximately 163 by 267 plus or minus.

13023 94th Avenue NW, Wauna

Listing courtesy of Windermere Prof Partners.

$875,000

2537918 MLS ⋅ ACTIVE Status

Investment opportunity with an established triplex generating income from long-term tenants on 5 irrigated acres. Whether you're looking to expand your investment portfolio, secure a property with immediate cash flow, or create a future homesite with acreage, this versatile property offers both income and potential. The triplex consists of three residential units is offered fully furnished, including all appliances and washer/dryer sets in each unit. With tenants already in place, a new owner can benefit from existing rental income from day one while exploring future possibilities for the property. The usable acreage is served by a shared well and irrigation water, providing room to enjoy a rural lifestyle, establish gardens or hobby farming, or simply hold as a long-term investment. The combination of income-producing residential units and acreage creates a unique opportunity that is increasingly difficult to find. Conveniently located while offering the space and privacy of country living, this property appeals to investors, multi-generational living arrangements, or buyers seeking a blend of income and land ownership. Continue operating the property as a successful rental investment or explore the possibilities that come with owning five usable acres in a desirable setting.

18547 Camp 12 Road, Leavenworth

Listing courtesy of Engel & Voelkers Mercer Island.

$799,950

2537763 MLS ⋅ ACTIVE Status

Rare opportunity to own a duplex in the heart of Snohomish! Located across from Snohomish High School and within walking distance of local shops, restaurants, and Historic Downtown Snohomish, this property offers both convenience and long-term value. Fully occupied, the upper unit features 3bd/1ba and over 1,400 square feet across two levels, complete with walk-in closets, dedicated laundry room, formal living and dining areas, and mountain views. The lower unit is a renovated 2bd/1ba unit with a private outdoor space. Recent improvements include new siding, exterior paint, windows, fencing, and professional landscaping, providing excellent curb appeal and reduced maintenance for years to come. Perfect for an investor seeking stable rental income or an owner-occupant looking to offset mortgage costs. Available for the first time in more than 20 years, this is a rare chance to own a well-maintained duplex in one of Snohomish County's most desirable and growing communities. Seller financing may be available.

515 Avenue D, Snohomish

Listing courtesy of Pellego, Inc..

$479,950

2537642 MLS ⋅ ACTIVE Status

Location, Location, Location!!! This well-maintained and quality built brick duplex is adjacent to Pacific Lutheran University. The prime location offers easy freeway access, is approximately 15 minutes from Joint Base Lewis-McChord, and is within walking distance of restaurants, coffee shops, grocery stores and public transportation. Each unit has newer windows, large living room with fireplace (decorative only), dining area, spacious kitchen, laundry/mud room with access to back patio. Each unit features 2 spacious bedrooms with large closets and a full bathroom with tile countertops. Unit #712 is recently updated with beautiful new Luxury Vinyl Plank (LVP) flooring throughout and includes a new refrigerator and new dishwasher. Pride of ownership is evident throughout this well-maintained property. Whether you're seeking a solid investment, an owner-occupant opportunity, or a valuable addition to your real estate portfolio, this duplex offers quality construction, a prime location and excellent long term appeal.

710 -712 127th Street S, Tacoma

Listing courtesy of Keller Williams Realty.

$799,000

2535696 MLS ⋅ ACTIVE Status

Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,. Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance. MLS 2501184 is also listed next door to make it a great assemblage portfolio.

34025 1st Place S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$2,400,000

2537323 MLS ⋅ ACTIVE Status

We are pleased to present Twin Cedars Apartments, an 8-unit apartment built in 1968 in Seattle’s coveted Magnolia neighborhood, within steps of Discovery Park. The building offers 31BD averaging 732SF and 5 2BD averaging 967SF, with efficient floor plans. With 2BD units comprising 63% of the building, the unit mix is squarely aligned with the unit type that drives the strongest tenant demand and longest retention across Seattle’s rental market. _of the 8 units have been updated with stone countertops and LVP flooring, delivering a modernized interior foundation. Roof replaced and cedar siding resided in 2020 keep the exterior in sound condition, and a newly improved bike storage room adds a practical amenity that current ownership has not yet monetized. Parking income similarly remains uncaptured, giving a new owner immediate, low-effort revenue opportunities from day one. Twin Cedars operates with discipline already in place. RUBS and pet rent keep utility costs off the owner’s bottom line, and a stable, long-tenured tenant base reflects both the building’s quality and the neighborhood’s enduring appeal. With in-place rents close to market, the clearest path to income growth is the addition of in-unit laundry upon turnover. Comparable Magnolia buildings demonstrate rental premiums of 15% or more from this single upgrade, and combined with parking and bike storage activation, the income levers are identified, accessible, and ready for a new owner to execute.

3510 W Elmore Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$1,750,000

2537397 MLS ⋅ ACTIVE Status

11BD/5BA Rooming House. This unique property consists of a 1910 construction 3,900 sq ft building with a mix of apartment units and rooms with shared spaces, well suited to the University/Ravenna rental market. Ravenna House is ideally positioned to meet the high demand for student housing with its proximity to the University of Washington campus, University Village, and convenient access to Sound Transit link light rail and bus lines for quick commutes to downtown Seattle. Legally a duplex, the building comprises of 11 bedrooms and 5 bathrooms. This property offers an excellent investor opportunity to acquire a property that is primed for future appreciation in one of the city’s best rental markets and has additional value potential through renovation.

5604 17th Avenue NE, Seattle

Listing courtesy of Westlake Associates, Inc..

$2,218,000

2535620 MLS ⋅ ACTIVE Status

This well-maintained multifamily property in Seattle’s highly desirable Bryant neighborhood presents a rare opportunity to acquire 12 spacious, light-filled units, which have been thoughtfully renovated. The property's generous unit layouts and private residential feel contribute to strong tenant appeal and long-term occupancy in one of Northeast Seattle’s most sought-after submarkets. Ideally located just steps from the bus service and Light Rail and within minutes walk to University Village, Seattle Children’s Hospital, and the University of Washington. The property offers residents exceptional connectivity, convenience, and access to major employment and lifestyle amenities. Adding to its investment appeal, the property is zoned NC2P-55 (Neighborhood Commercial 2 with Pedestrian Overlay), allowing for mixed-use development with a 55-foot height limit. This zoning supports pedestrian-oriented commercial uses at the street level with residential units above, creating significant future redevelopment potential. Investors have the opportunity to benefit from strong in-place cash flow while positioning the asset for higher-density, transit-oriented development in a rapidly growing urban corridor.

2800 NE 55th Street, Seattle

Listing courtesy of Windermere Real Estate Co..

$485,000

2536452 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.

$6,225,000

2536846 MLS ⋅ ACTIVE Status

The Magnolia Assemblage offers a new investor the ability to acquire a 3 building portfolio suitable for a value-add opportunity located in a core Seattle area. The current arrangement offers 31 multi-family units plus a single family house. All together the assemblage represents 34,262 square feet of LR3 (M) zoned dirt suitable for a development of +/- 30 townhouses.

2600 -2626 Thorndyke Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$750,000

2533270 MLS ⋅ ACTIVE Status

Excellent Multi-Family investment opportunity! This fully updated 5-plex features four spacious 2-bedroom, 1- bathroom units, and one 3-bedroom, 1-bathroom unit. Every apartment has been completely remodeled from top to bottom, including upgraded light fixtures and with two units boasting premium quartz countertops. New Exterior paint makes this 5-plex pop! Designed with comfortable, functional layouts, the property includes covered parking, individual exterior storage units, and a communal laundry facility. With strong rental history and consistent revenue, this turnkey property is a solid addition to any portfolio.

1521 9th Avenue, Longview

Listing courtesy of Realty One Group Northstars.

$425,000

2533254 MLS ⋅ ACTIVE Status

Excellent Multi-Family investment opportunity! This fully updated Duplex features two spacious 2-bedroom, 1-bathroom units. Each unit has been completely remodeled from top to bottom, included upgraded light fixtures and exterior paint. Designed for comfortable, functional layouts, the property includes a shared garage with 2 laundry hook-ups, 1 for each unit. Close to hospitals, bus routes, shopping and parks. With strong rental history and consistent revenue, this turnkey property is a solid addition to any portfolio.

733 Delaware Street, Longview

Listing courtesy of Realty One Group Northstars.

$1,269,999

2527080 MLS ⋅ ACTIVE Status

Gorgeous Duplex in Mountlake Terrace! Nestled behind a large driveway lined with mature evergreens, this spacious duplex offers privacy, comfort, and incredible investment potential. Featuring two mirror-image units — Unit A and Unit B — this property includes a total of 6 bedrooms (3 per unit) and 6 bathrooms (2.5 per unit). Unit A has been thoughtfully updated with new flooring installed in 2025, brand-new upstairs carpet, and freshly painted walls, creating a clean and modern feel throughout. Unit B features LVP flooring in great condition, upstairs carpeting, and a kitchen enhanced with additional floor-to-ceiling cabinetry for extra storage and functionality. Enjoy outdoor living with Unit B’s fully private covered backyard porch complete with a hot tub, plus two storage sheds perfect for gardening tools and outdoor equipment. Unit B also includes a refrigerator, washer, dryer, stove, and dishwasher. Excellent opportunity for owner occupancy with Unit B available for living space while generating rental income from the tenant-occupied Unit A. This versatile property combines comfort, convenience, and strong income potential in a desirable Mountlake Terrace location. Unit B includeds HOT TUB on covered backyard porch, refigerator, washer, dryer, stove and dishwasher. Legal description: SECTION 27 TOWNSHIP 27 RANGE 04 QUARTER SW - N 82.5FT OF W 226FT OF S 165FT OF N 4 AC OF SW1/4 SW1/4 SW1/4 EXC W 30FT AKA PAR A OF CITY OF MLT BLA REC AFN 200205205001

22615 W 44th Ave, Mountlake Terrace

Listing courtesy of CENTURY 21 North Homes Realty.

$2,100,000

2535832 MLS ⋅ ACTIVE Status

Exceptional investment opportunity featuring 12 rental units across 6 duplex buildings, offering immediate income with significant upside potential. Centrally located with convenient access to shopping, services, and major transportation routes, this property is well-positioned to attract and retain long-term tenants. Each duplex consists of one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, creating a desirable unit mix that appeals to a broad tenant base. Current rents are below market, presenting a compelling opportunity for a savvy investor to increase cash flow and improve overall returns. Several units have benefited from interior renovations, while portions of the exterior have been upgraded with new siding. Durable metal roofing, selective exterior improvements, and a straightforward design contribute to a relatively low-maintenance investment. An on-site laundry facility provides additional income potential for residents. Situated on a large parcel, the property appears to offer future development opportunities that could substantially increase income and overall value (buyer to verify all development potential and feasibility). Whether you're looking to expand an existing portfolio or acquire a value-add asset with multiple paths to increased returns, this property deserves serious consideration. Opportunities combining current income, rental upside, low-maintenance ownership, and potential future development are increasingly difficult to find.

11002 Idlewild Road SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

$975,000

2534398 MLS ⋅ ACTIVE Status

Prime multi-family investment opportunity just north of Central Washington University! This low maintenance 4-plex features four two-story units, each offering 3 bedrooms and 2 bathrooms. The open concept layout includes a kitchen that flows effortlessly to a back patio, perfect for tenants. All appliances are included in every unit, making this a truly turnkey, cash-flowing asset from day one. Hands-on owner has made regular upgrades to protect the investment. Unbeatable location with built-in rental demand from students, staff, and locals alike. Maximize your portfolio with this hassle-free income generator in a high-growth area!

1021 E 19th Avenue Unit #A-D, Ellensburg

Listing courtesy of Accolade Properties.

$875,000

2535257 MLS ⋅ ACTIVE Status

Exceptional opportunity to own a 4-plex in a high-demand rental area. This proven income-producing property is an ideal addition to any investment portfolio or a great option for an owner-occupant seeking supplemental rental income. All four units are consistently occupied and thoughtfully designed with 2 bedrooms, 1 bathroom, and private decks for added outdoor living space. Durable vinyl siding offers low-maintenance ownership while maintaining attractive curb appeal. Conveniently located near schools, parks, employment centers, shopping, and everyday amenities, this property continues to attract long-term tenants. A rare chance to secure a stable, cash-flowing multi-family investment with strong long-term potential!

2340 Main Street, Ferndale

Listing courtesy of Terrafin.

$414,950

2534628 MLS ⋅ ACTIVE Status

Great Investment Opportunity! This duplex in Centralia offers strong income potential and flexibility for investors or owner-occupants. Each unit features comfortable living spaces, functional kitchens, and spacious bedrooms. Kitchen updates provide added appeal, while the generous lot offers fenced yard space and off-street parking. Conveniently located near shopping, dining, schools, and everyday amenities with easy access to major commuter routes. Whether you're looking to expand your portfolio, or live in one unit while renting the other, this property presents a valuable opportunity in a growing market. Don't miss the chance to invest in Centralia real estate. | Updated Kitchens | Newer Roof | Updated Flooring |Quartz Countertops | 1800 SQFT | 4 Beds | 2 Baths |

509 W Cherry Street Unit #507, Centralia

Listing courtesy of Windermere Prof Partners.

$2,949,950

2535283 MLS ⋅ ACTIVE Status

Turnkey multifamily investment opportunity in Port Angeles — 14 units across two tax parcels, 100% leased with zero vacancies, delivering immediate cash flow from day one. The 12-unit apartment building has had 8 of the units fully refreshed throughout, updated and move-in ready. A brand new roof was installed in 2024, protecting your investment from day one. A second parcel adds a single-family home and single-wide manufactured home, rounding out a diversified income portfolio. Several units are currently below market rent, offering strong upside potential through natural turnover — ideal for investors seeking a value-add play or 1031 exchange opportunity. The second parcel also carries potential for up to 7 additional units, subject to buyer verification with Clallam County, making this a compelling development opportunity in a supply-constrained market. Located in the heart of Port Angeles — gateway to Olympic National Park, minutes from the Strait of Juan de Fuca waterfront, downtown dining, and the Coho Ferry to Victoria, BC. Strong rental demand driven by tourism, healthcare, and a growing remote workforce makes this a high-visibility rental market with lasting fundamentals. Stabilized asset. Fully occupied. Renovation complete. Room to grow.

2938 E Walnut Street, Port Angeles

Listing courtesy of Ideal Real Estate.

$209,900

2535556 MLS ⋅ ACTIVE Status

INVESTMENT OPPORTUNITY! Property features two homes on one lot. The front home offers 2 bedrooms and 1 bathroom with updated electrical and is currently rented for $650 per month, providing immediate income potential. The second home at 620 1/2, 1 bedroom 1 bath built in 1950's - it did experienced a fire in 2026 and is ready for a new owner to restore, renovate, or reimagine. Great opportunity for investors, contractors, or buyers looking to add value and build equity. Bring your vision and explore the possibilities! Convenient location close to schools, shopping, and downtown Wenatchee amenities. Residential Mixed Use District (RMU) zone promotes primarily residential development with some supportive, small-scale commercial uses while keeping a neighborhood feel. Uses: Chapter 10.20 Purpose: The residential mixed use land use classification is a district suited to residential activities from single-family to high-intensity multifamily configurations. Limited commercial activities are allowed at a scale and intensity that maintain the residential scale and character of the neighborhood while providing for a mix of supportive uses.

620 S Chelan Avenue, Wenatchee

Listing courtesy of RE/MAX Advantage.

$929,000

2535378 MLS ⋅ ACTIVE Status

Completely updated in 2021. This 4-bedroom home lives like a 5 bedroom in a highly sought-after Puyallup neighborhood, featuring stunning Mt. Rainier views! The main level offers 3 bedrooms, a full bath, and a spacious open-concept kitchen with granite countertops, abundant cabinetry, and seamless flow into the large living and dining areas. Cozy up to the propane fireplace or enjoy entertaining in the bright, functional layout. Attached 1-car garage offers added convenience.The lower level has its own separate entrance and functions perfectly as an ADU or multi-generational living space. It includes 1 bedroom, a full bath, large kitchen area, spacious living room with propane fireplace, and an office that could serve as a second bedroom. Step outside and enjoy the full-length covered patio, perfect for year-round entertaining. Impressive 24' x 30' detached shop that is insulated and sheetrocked, complete with an 8-foot-deep storage area accessible from the outside of the shop. RV parking. Covered metal building to store all the toys and equipment. This versatile property offers endless possibilities for extended living, rental income, hobbies, or home-based business needs. Added development potential with a conceptual preliminary short plat already completed. 5 bedroom septic design and soil logs have been finished. There is potential for a duplex approval to be built on this property. (Broker and buyer to verify) Seller will pay buyers side of title and escrow.

11605 67th Avenue E, Puyallup

Listing courtesy of John L. Scott, Inc..

$3,600,000

2534484 MLS ⋅ ACTIVE Status

Rare multi-family opportunity in Bellevue’s coveted 98006 zip code. This nearly 6,000-square-foot property features 11 bedrooms, 8.5 bathrooms, 3 kitchens, a private two-bedroom mother-in-law suite, and five studio-style units on the lower level. The flexible layout is ideal for multi-generational living, house hacking, or generating significant rental income. Located near Downtown Bellevue, major employers, shopping, dining, and Lake Sammamish, the property combines convenience with exceptional investment potential. short term rental for main house can exceed 650 a night, Opportunities of this size, income capability, and location are seldom available in Bellevue.

41311 153rd Ave SE, Bellevue

Listing courtesy of eXp Realty.

$515,000

2535264 MLS ⋅ ACTIVE Status

PRICE REDUCTION! Spacious corner lot property with a duplex that can be made into a huge single-family property or recreate the space with multi-family housing. The upper unit is rented, and lower unit is big and bright, great kitchen, 3 bedrooms, w/d. Market rent for the lower unit is about $2,000-$2,200 or move in. Many opportunities surround this property. Possibility to build on lot. Easy access to highways, downtown, stadiums, public transit and more!

805 S Donovan Street, Seattle

Listing courtesy of Brink Realty Group.

$820,000

2534220 MLS ⋅ ACTIVE Status

The West Seattle Duplex is a two-unit property located at 3824 23rd Ave SW in the Delridge neighborhood. Delivered fully vacant at closing, it offers a highly flexible opportunity in the West Seattle multifamily market. Each unit features a 2-bedroom, 1.75-bath layout spanning 1,220 square feet, with private decks, in-unit laundry hookups, and single-car garages. The property is well suited for an owner-user, a light renovation value-add investor, or a hybrid strategy. A buyer can live in one unit and lease the other, or lease both after modest cosmetic upgrades to achieve strong market rents. Recent improvements include a new roof installed in 2021 and full copper plumbing. Interiors feature updated kitchens and bathrooms with stone countertops, along with LVP flooring in the upstairs unit. Conveniently located, the duplex offers quick access to Downtown Seattle via the West Seattle Bridge and is minutes from the West Seattle Junction and Alki Beach. It is also within walking distance of the future Delridge Light Rail Station, part of Sound Transit’s West Seattle Link Extension. Planned at SW Andover St and Delridge Way SW, construction is set to begin in 2027, with service expected in late 2032, supporting long-term rent growth and value appreciation.

3824 23rd Avenue SW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$2,000,000

2531319 MLS ⋅ ACTIVE Status

Oak Harbor Terrace, a 14-unit multifamily investment opportunity located in Oak Harbor. The property offers investors an attractive combination of stable in-place cash flow and clear upside potential in a supply-constrained rental market supported by Naval Air Station Whidbey Island. Originally constructed in 1959, the property includes approximately 7,295 square feet of net rentable area across three buildings: a fourplex with a ground-floor commercial space, a nine-unit apartment building, and a single-family residence. The efficient unit layouts are well suited to local workforce housing demand. The asset provides meaningful opportunity to enhance income through rental rate growth, utility reimbursement optimization, and operational improvements.

33020 State Route 20 Unit #1-14, Oak Harbor

Listing courtesy of Windermere/Whidbey Mgmt Serv..

$1,250,000

2535067 MLS ⋅ ACTIVE Status

Striking modern architecture single family home with a seperate attached apartment in the heart of Georgetown. This contemporary home features a dramatic floating staircase, expansive windows, an electric car charger, solar panels, and a thoughtfully designed multi-level layout that creates a strong sense of movement and separation between spaces. The main level offers a natural flow between the living and dining areas, anchored by a sleek dual-sided fireplace that adds warmth and definition. A light-filled kitchen with clean, modern finishes is well-positioned for both everyday living and entertaining. Upstairs, spacious bedrooms and a bonus room provide room to spread out, while the rooftop deck offers an ideal setting for relaxing or hosting with sweeping territorial views. A private courtyard adds rare and valuable outdoor space. A built-in ADU offers opportunities for rental income, guests, or extended living. Previously rented for $1300/month, this home is stunning and makes for a great investment. Located in one of Seattle’s most creative and evolving neighborhoods, you’re just minutes from acclaimed restaurants, breweries, and quick access to downtown. A rare opportunity to own a design-forward home with income potential in vibrant Georgetown.

6233 Carleton Avenue S, Seattle

Listing courtesy of The Agency Seattle.

$905,000

2531662 MLS ⋅ ACTIVE Status

Price Improvement! Incredible value | Rental Duplex | Each unit features 3 bedrooms, 2.5 baths, and an attached 2-car garage | Phenomenal 6.03% CAP Rate. Fantastic opportunity to own a high-yield investment property in South Everett with opportunity for future rental upside. This well-maintained duplex offers stable rental income from long-term tenants in both units. Each unit features a highly desirable floor plan with a main-level primary suite, including a skylit ensuite bath, kitchen open to living and dining, and a skylit half-bath. The lower level includes two additional bedrooms, a full bath, a laundry closet, and direct access to the attached side-by-side 2-car garage. Low-maintenance and easy to manage, this property is ideally located near public transit, the public library, shopping, dining, schools, and other everyday amenities. Tenants are not aware of the sale. Please do not disturb tenants. Showings and inspection after mutual acceptance. Listing Broker is one of the Sellers.

9312 4th Avenue W Unit #A & B, Everett

Listing courtesy of WeLakeside.

$899,000

2534485 MLS ⋅ ACTIVE Status

AMAZING Investment Opportunity in Lynnwood! Rare opportunity to own a turn-key tri-plex in Lynnwood. Strong portfolio starter, addition or opportunity to live in one unit while renting the others! Potential for improvement by increasing to market rents and adding coin-op. Featuring 4 BD / 2.5 BA upstairs and two 1 BD / 1 BA units downstairs with a shared garage, carport and ample room for tenant and guest parking. 2 fully fenced yards that are separate and an expansive deck connected to the top unit. Brand new exterior paint. Conveniently located and just minutes to I5, Shopping, Lakes, Trails, Restaurants, Schools and more! Just a block from the upcoming Ash Way Light Rail Station making for an easy commute either direction along with Very Favorable Zoning!

2118 160th Place SW, Lynnwood

Listing courtesy of COMPASS.

$1,499,500

2534680 MLS ⋅ ACTIVE Status

Incredible value-add multifamily opportunity in Seattle’s highly sought-after Northgate neighborhood! This turn-key 6-unit building features a fantastic unit mix of four 2-bed/1-bath units and two 1-bed/1-bath units, situated back off a quiet residential dead-end street north of Green Lake. Multiple units have been beautifully and tastefully updated, including a recent comprehensive remodel of Unit 2. Every unit offers modern conveniences including in-unit washers/dryers, dishwashers, private decks, storage lockers, and dual-pane vinyl windows. 100% occupied with stable cash flow and rents still sitting below market potential. Features an attractive, low-maintenance exterior, 6 dedicated parking spaces (including 4 carport spots), and a fire sprinkler system. Unbeatable location within walking distance to the Northgate light rail/bus lines, shopping, dining, and easy I-5 access. Perfect for an investor looking for a high-performing asset in a premier rental market!

10732 Stone Avenue N Unit #1-6, Seattle

Listing courtesy of WPI Real Estate Services, Inc..

$515,000

2534274 MLS ⋅ ACTIVE Status

Excellent Investment Opportunity. Spacious units that were totally remodeled in 2013 with new PEX water supply lines throughout, cabinets & counter tops, appliances, plumbing fixtures, flooring, paint and new laundry areas for both units. EZ to lease/rent. Wonderful area @ Anderson Cove in Port Washington Narrows. Close to revitalized downtown Bremerton, Seattle Ferry Terminal and Puget Sound Naval Shipyard. EZ drive to Hwy 3 and the world beyond.

1740 Anderson, Bremerton

Listing courtesy of Old Towne Realty.

$679,999

2534334 MLS ⋅ ACTIVE Status

Investor ALERT!!! Looking for cashflow? Here's your opportunity to own these Zero lot line Duplex located in the core of Tacoma. 3 bedroom 2.5 baths each unit. Rents are below market rates and some sweat equity could maximize your potential earnings. Quick access to I-5, Hwy-16, Hwy 167, Tacoma Mall & EQC casino. This is 1/2 of two separate buildings, but one duplex. The lot line runs through the town homes and separate units 1608-1610A are not for sale. Each unit sits tandem (back-to-back).

1608 1610 E 34th Street Unit #B, Tacoma

Listing courtesy of Red Moon Realty.

$425,000

2534493 MLS ⋅ ACTIVE Status

Convenient location in the city core. Renter in 616 has a lease through March of 2027 and pays $1500 per month. Renter in 616 1/2 is on a 60 day notice by either party They rent the studio apartment above the garage and the garage for $1000 per month.Both buildings were freshly painted on the outside this past year. Showings to be arranged with tenants, see Agent remarks for contact info.

616 S Race Street, Port Angeles

Listing courtesy of RE/MAX Evergreen.

$575,000

2533002 MLS ⋅ ACTIVE Status

Attention Investors! Secure an excellent, well-maintained two-story duplex in the highly desirable Manette neighborhood. This property features mirror floor plans, with each unit offering a spacious 2 bedroom, 1.5 bath layout across 1,152 square feet. Each unit is equipped with highly sought-after amenities, including decks off the primary bedrooms, convenient in-unit laundry, and additional dedicated storage within the single-car carports. Situated on a large, beautiful lot, the property provides valuable RV and ample uncovered parking. Its location guarantees strong tenant interest and a steady income stream, as it is positioned just minutes from the military base, local schools, shopping, and major amenities. This is a fantastic opportunity to secure a reliable, high-demand asset.

2533 Fir Avenue, Bremerton

Listing courtesy of Redfin.

$1,150,000

2533338 MLS ⋅ ACTIVE Status

Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Buyer to verify all information to their satisfaction.

118 27th Avenue S, Seattle

Listing courtesy of Keller Williams Realty Bothell.

$1,195,000

2534348 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status

Excellent Investment Opportunity tucked away at the end of a quiet street, this exceptionally well-maintained 4-plex offers both cash flow and long-term value. All units have been tastefully remodeled within the last 5 years, including updated kitchens, bathrooms, and flooring. Each features 2 ample bedrooms, 1 full bath, comfortable living room, well-designed kitchen with dining area. Two separate buildings face each other, creating a charming, compound-style layout. Extra-large single-car garages between units add privacy and separation. Each unit enjoys its own unique outdoor space, with private patios surrounded by mature trees, creating a peaceful, welcoming environment. Rare opportunity to own a fully leased, low-maintenance asset.

1202 Nelson Street, Sedro Woolley

Listing courtesy of Congress Realty.

$575,000

2532388 MLS ⋅ ACTIVE Status

Premium location! This is a wonderful opportunity to own a duplex in the heart of Puyallup! Whether you live in it or rent it out, this property will suit your needs. Recent upgrades include a new metal roof, new siding, new paint, new kitchens and appliances, and the list goes on! Located in a quiet well-established neighborhood, it is conveniently close to dining, parks, the bus station, shopping, WA state fair and top-rated schools less than half a mile away!

102 & 104 9th Street SW, Puyallup

Listing courtesy of Keller Williams Rty Tacoma.

$1,900,000

2533245 MLS ⋅ ACTIVE Status

Located in the Miller Park neighborhood of Seattle, known for exceptional walking and biking scores, this property consists of a triplex + detached accessory dwelling unit (DADU). These well-built buildings were constructed in 2024. Units are equipped with full appliance packages that include refrigerator, oven, over range microwave, dishwasher, and full-size washer and dryer. Other amenities include wall mounted mini-splits that provide heating and cooling. Uniquely, the buildings have solar panels on the roof. Two units in the triplex are designated Mandatory Housing Affordability units (MHA). These units have restricted rent based on MHA schedules and are also restricted to tenants that qualify under the program. The designation is permanent for these two units. The other two units can be rented at market rates or occupied by a new owner. Expenses are mostly estimated.

228 21st Avenue E, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,800,000

2533806 MLS ⋅ ACTIVE Status

We are pleased to present 8848 Stone Ave N, a pride-of-ownership 10-unit apartment community in Seattle’s North Green Lake neighborhood. Built in 1988, the building offers a well-balanced unit mix of 2 studios, 4 one-bedrooms, and 4 two-bedrooms — spacious floor plans filled with natural light and equipped with in-unit laundry throughout. Durable building systems include copper plumbing, a Siemens electric panel, and a 2021 roof replacement, delivering a new owner a clean operational foundation with minimal deferred maintenance. A secured entry system and fully fenced rear parking lot with 10 assigned spaces complete a resident experience that is low-friction and well managed. In-place rents currently sit approximately 15% below market, presenting an immediate opportunity for a new owner to close that gap through disciplined lease management alone. For investors with a light renovation appetite, the one-bedroom and two-bedroom units present the most compelling upside — rehabbed rents on those unit types are projected to achieve premiums of 21% and 32% respectively above current in-place rents, a return profile that meaningfully repositions the asset’s income and long-term value.

8848 Stone Avenue N, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$1,769,000

2533662 MLS ⋅ ACTIVE Status

Sophisticated newer construction offering three luxury residences on one parcel in a prime Bellingham location. Built in 2022, each beautifully designed residence offers approximately 1,650 square feet with 3 bedrooms, 2.5 bathrooms, and attached 2 car garages, creating the comfort and functionality of standalone homes with the convenience of low maintenance living. Thoughtfully finished with quartz countertops, air conditioning, spacious primary suites with en-suite baths, full size washer and dryer, air exchangers, and wired alarm systems. Private fenced grassy front areas provide additional outdoor enjoyment for each residence. All three residences are currently leased, providing immediate income and long term investment stability. Ideal for investors seeking newer construction, low maintenance ownership, and a property that offers a compelling alternative to traditional multifamily assets. Rare opportunity to own a high quality luxury multi residence property in one of Bellingham’s most desirable markets.

4121 Deemer Road, Bellingham

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

$1,490,000

2533666 MLS ⋅ ACTIVE Status

Experience luxury and timeless craftsmanship in this custom-built Central Park estate on 7.4 beautifully landscaped acres. This remarkable property includes two residences and incredible future potential. The 4,510 sq. ft. main home features 3 bedrooms, 7 baths, Brazilian maple floors, curved beams, and a stunning gourmet kitchen with custom cabinetry, Sub-Zero appliances, and an oversized statement marble island. Three marble fireplaces add warmth and elegance, including one in the main-level primary suite, which features an onyx-wrapped spa-like bath and walk-in closet. Upstairs offers office space, storage, and additional living areas, while the lower level includes two bedrooms, 1.5 baths, a living room, and a wet bar. A two car garage with a half bath, along with a spacious laundry room with kitchenette and direct access to the covered patio overlooking the fish pond, complete the main residence. The detached three car garage includes a beautifully appointed 1,230 sq. ft. guest residence with 2 bedrooms, 1.75 baths, a wraparound deck, its own private driveway with single level access and a separate address (8 Cross Roads), making it ideal for multigenerational living, guests, or potential rental opportunities. The park-like grounds showcase mature landscaping, expansive lawn areas, and a cleared upper hillside with sweeping territorial views. An ideal location for an additional building site (buyer to verify). Just 35 min from the beaches of Ocean Shores and Westport.

115 Reynvaan Drive, Aberdeen

Listing courtesy of Spivey Realty Group, LLC.

$915,000

2532842 MLS ⋅ ACTIVE Status

Exceptional investment opportunity located in Bellingham's waterfront Old Town District and the highly sought-after Lettered Streets neighborhood. This well-maintained fourplex features four 1-bedroom, 1-bath units, each offering views of Bellingham Bay. Ideally situated near downtown Bellingham, Western Washington University, the waterfront, shopping, dining, parks, and public transportation, this property benefits from strong rental demand and a highly convenient location. Features include a newer roof, a dedicated on-site parking lot with ample off-street parking, a community laundry room for tenant convenience, and a dedicated storage locker for each unit. Consistent occupancy and potential for future income growth through rent adjustments offer investors an opportunity to enhance returns over time. Multifamily opportunities in this location are rarely available. Combining bay views, walkability to the waterfront redevelopment district, and proximity to major employment, education, and recreation hubs, this property offers an attractive blend of stability and upside potential. Whether you're looking to expand an existing portfolio or acquire a quality multifamily asset in one of Bellingham's most desirable neighborhoods, this fourplex presents a compelling investment opportunity.

1408 G Street, Bellingham

Listing courtesy of Bellwether Real Estate.

$1,950,000

2529447 MLS ⋅ ACTIVE Status

A rare opportunity! Tucked just two streets from the tranquil shores of Lake Union is Yale Properties. One of Seattle's gems-offering a rare blend of neighborhood charm, thoughtful design, and sweeping views of the Seattle skyline, Space Needle, and lake. Yale Properties offers six units. Two 2 bedroom units and four 1 bedroom units. Three enclosed garages out front and four parking spaces at the back of the property plus expansive community deck. Interior blueprint designed with high end appliances, LV flooring, ductless mini split HVAC and modern interior design. Entire building has updated electrical to handle high power loads and provide separate billing for each unit. Strolling through Eastlake feels like stepping into a carefully curated gallery. Classic Victorian homes stand in conversation with sleek modern architecture, while iconic floating homes add a uniquely Seattle dimension to the landscape. Each street tells a story rich with history, character, and quiet sophistication. Residents here share more than just proximity-they share a lifestyle. Weekdays offer seamless access to downtown Seattle, making productivity feel effortless. By contrast, weekends unfold at a slower pace, with kayakers gliding across Lake Union and neighbors gathering at the local farmer's market.

2366 E Yale Avenue E, Seattle

Listing courtesy of North Pacific Properties.

$1,099,000

2533177 MLS ⋅ ACTIVE Status

Great opportunity to own a purpose-built 4-plex in a convenient Everett location. This well-maintained property offers strong rental history with long-term tenants and additional upside through future value-add improvements. The building features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. The 1-bedroom unit has been fully remodeled with quartz countertops, updated kitchen and bath, in-unit washer/dryer, and forced air heating/cooling, providing a great example of potential for the remaining units. Major system updates include newer windows throughout and a replaced roof, helping reduce immediate capital expenses. Each unit includes off-street parking, adding to tenant convenience and appeal. Ideally located near the I-5 corridor, bus lines, and Everett AquaSox Stadium, with easy access to local coffee shops, restaurants, and everyday amenities. A solid investment with a blend of stability and opportunity.

1907 37th Street, Everett

Listing courtesy of KW Everett.

$499,000

2532945 MLS ⋅ ACTIVE Status

Owning a 1940s 1-bedroom, 1-bathroom duplex in Olympia's Carlyon district offers a perfect blend of historic charm, high rental demand, and a premier neighborhood footprint. Located within the highly coveted Olympia School District, this type of property serves as both an architectural gem and a resilient real estate investment. Solid construction has been modernized with tasteful kitchen and bath renovations. HVAC, plumbing, wiring, and windows have all been updated as well. Cozy, clean 1-bed, 1-bath layout maximizes functionality and is a fan favorite for those in the know. The neighborhood vibe is known for its quiet, tree-lined streets, established gardens, and safe, walkable neighborhood atmosphere. Quick, seamless access to Health clubs, Golf, Olympia Farmers Market, local coffee shops, pubs, and waterfront parks. Easy access to Interstate 5 and state government campuses makes it ideal for many. Absolute simple liv'n house hack option in a great location.

902 North Street SE, Tumwater

Listing courtesy of RE/MAX Parkside Affiliates.

$1,350,000

2532884 MLS ⋅ ACTIVE Status

Rare Investment Opportunity on Queen Anne’s Desirable South Slope! Discover this architect-designed, multi-level triplex offering the perfect blend of historic charm, modern living & unbeatable location. Just steps from Seattle Center, restaurants, grocery stores, lush parks & many transit options, this property is a premium find for investors or owner-occupants. Unlike typical multi-family properties, this unique building avoids the "apartment feel." The main level [A] feels like a true standalone home, radiating the warmth of a 1900’s Craftsman with exquisite vintage details & a cozy, inviting atmosphere. Meanwhile, the townhome [109] added in 1986 features sleek, modern design spread across a dynamic two-level layout, where an oversized skylight floods the space with natural light, ensuring it feels bright & open. Above it all, the top level [B] has a charming, airy garret feel. Top-tier features include exceptional outdoor living, as every single unit enjoys its own private brick paved deck and a patio & fenced yard for the townhome unit. Rare urban parking for all units, including a common garage that provides parking for two units plus off-street parking for the third unit. Combined with the reliability of a highly desirable location & a track record of dependable, long-term tenants, this property is a standout. Whether you want to live in one unit and let the others pay your mortgage or add a high-performing asset to your portfolio, this Queen Anne find is a must-see!

111 W Kinnear Place, Seattle

Listing courtesy of Coldwell Banker Bain.

$522,500

2533099 MLS ⋅ ACTIVE Status

Smartly designed single-level duplex with each unit joined by individual attached garages, allowing for extra peace and quiet thanks to no shared common walls with your neighbor. Excellent curb appeal and thoughtful touches from bay windows, archways and wood burning fireplaces make each space extra cozy and inviting. Shy half-acre lot provides a large level fenced yard for each resident plus additional spacious parking pad. Turn-key condition with strong rents and short vacancies. Moments from JBLM, shops, restaurants and commuter routes. Each unit has their own washer and dryer hook-ups. Owner pays water and sewer. Tenant pays electric and garbage.

13803 13805 11th Avenue Ct S, Tacoma

Listing courtesy of John L. Scott, Inc.

$2,425,000

2531266 MLS ⋅ ACTIVE Status

The asset delivers a 6.15% current cap rate on day one providing a stabilized, high income-producing return in a submarket where most comparable listings are priced at sub-5.25% current yields. Six of the eight units have been fully renovated with market-quality finishes, the building has a new Durolast roof, and received a full exterior refresh (paint, lighting, and signage) within the last three years. The building consists of six renovated units including four 2BD/1BTH residences, one 1BD/1BTH, and one 1BD+Den/1BTH and two original 1BD/1BTH units currently occupied by long-term tenants paying below-market rents. The two original units represent significant upside for a new owner to bring these final two units to the same finish level and rent tier as the rest of the building, without touching the renovated units or any stabilized income. In-place renovated rents at Fairseas already reach $1,800 on the one bedroom, validating the finish level and rental capability. The property sits on an 8,400 square foot LR3 RC (M) zoned lot with 12 on-site parking stalls in a walkable North Queen Anne location: short walk to Seattle Pacific University, the RapidRide D Line, and the retail and dining on 15th Avenue West, with direct commuter access to South Lake Union, Downtown Seattle, Ballard, and Fremont.

1401 W Bertona Street, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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