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$10,500,000
2519748 MLS ⋅ ACTIVE Status
This 1.13-acre development site in the heart of City of Woodinville is fully entitled and approved for 161 units, allowing you to skip years of permitting - with the heavy lifting already done. The development site spans across five contiguous lots consisting of a strong multifamily submarket demand drivers with high desirable community in the city. Woodinville is consistently ranked as Washington’s best place to live, offering a wealthy resident base and easy access to major employers like Microsoft, SpaceX, and the Bothell University of Washington and biotech hub. With a massive shortage of housing in the area and quick access to I-405, this project is perfectly positioned to meet the high demand for luxury living. This is a rare, high-reward opportunity to enter a top-tier market with all the heavy lifting already finished.

12461 NE Woodinville Drive, Woodinville

Listing courtesy of Realty One Group Enterprise.

$9,000,000
2439882 MLS ⋅ ACTIVE Status
Exceptional investment opportunity! This newer 22-unit build is located in the vibrant core of Shoreline, just a short walk to the Light Rail Station. Designed w/ functionality & style in mind, the property is fully fenced & features secured parking w/ 19 stalls. Each unit offers an open floor plan w/ in-unit laundry, contemporary finishes, & modern aesthetic that tenants will love. Top-floor units boast soaring 10-ft ceilings for elevated living. Residents enjoy access to premium amenities including an elevator, bike storage, gym, community room. For peace of mind, the property is equipped w/ a live security camera feed in all accessible common areas. Turnkey, low-maintenance asset in a growing rental market w/ strong upside potential.

2152 N 185th Street, Shoreline

Listing courtesy of Keller Williams Rlty Bellevue.

$7,700,000
2558493 MLS ⋅ ACTIVE Status
Fully renovated, turnkey mixed-use asset located in the heart of the West Seattle Junction, The EOS consists of 15 luxury apartments situated above four fully leased retail spaces, offering a diversified income stream in a premier urban location. All 2BD units with W/D, balconies, and modern interior finishes. 17 open and covered residential parking spaces located at the rear of the building and 8 open commercial parking spaces at the front of the property. Built in 1980 and renovated, EOS offers investors a true turnkey ownership opportunity with a low maintenance profile. The building features an elevator, renovated formal lobby, Amazon package lockers, copper plumbing, newer lower roof, and freshly upgraded common areas. Located just steps from the West Seattle Junction’s premier restaurants, shops, and cafes, this asset is priced at an in-place 6.00 percent cap rate, providing strong in place cash flow with long term value growth driven by transit-oriented development

5631 California Avenue SW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$7,000,000
2562347 MLS ⋅ ACTIVE Status
Kidder Mathews is pleased to present Naomi & Charmaine, a 39-unit vintage apartment community located at 625–627 4th Avenue W in Seattle’s highly desirable Lower Queen Anne neighborhood. The offering consists of two classic brick buildings constructed in 1929 and 1930, featuring hardwood floors, built-in cabinetry, and timeless architectural details. The unit mix includes 32 studios and seven one-bedroom units, with 31 classic units providing a clear renovation and rent-growth opportunity. The property totals approximately 19,610 rentable square feet and includes shared laundry and 10 off-street parking stalls. Recent improvements include tuck-pointed masonry, re-caulked double-pane windows, TPO membrane roofs, breaker-panel electrical systems, updated plumbing, and central hot water. Residents benefit from a walkable location near Seattle Center, Climate Pledge Arena, grocery stores, restaurants, entertainment, Downtown Seattle, and South Lake Union employment centers. Naomi & Charmaine offers investors attractive scale, irreplaceable vintage character, and meaningful value-add upside in one of Seattle’s most established rental markets.

625 4th Avenue W, Seattle

Listing courtesy of Kidder Mathews.

$6,500,000
2543808 MLS ⋅ ACTIVE Status
The Laureate presents a rare opportunity to acquire a well-maintained 23-unit multifamily asset building in the heart of the Seattle’s University District neighborhood and walking distance to both the University of Washington and the Link Light Rail Station. Originally built in 1961, the property benefits from recent extensive capital improvements and interior renovations, positioning the asset as a compelling combination of stable in-place income and future revenue growth potential. Ownership has invested significantly in the systems over the past 5 years: including a membrane roof replacement, replacement of all individual hot water tanks, securing and gating the parking for 17 vehicles, as well as overhauling the sprinkler system. Featuring a unit mix of 20 sizable 650 SF, 1-bedroom units and one 800 SF, 2-bedroom unit, select units have been renovated with modern finishes including luxury vinyl plank flooring, updated kitchens, stainless steel appliances, including dishwashers and in-unit W/D installations. All units feature A/C, and 1st floor units include patio access. The existing renovations provide future ownership with a blueprint to continue remodeling unit interiors and capture additional rental upside. Additionally, there is potential to assume the current debt with term through 2031.

4731 12th Avenue NE, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$6,500,000
2526962 MLS ⋅ ACTIVE Status
31-unit multifamily community situated in Seattle’s desirable Interbay/ Queen Anne area. Golfcrest offers investors meaningful renovation value-add upside, and seller financing is available for qualified buyers. The proposed seller financing terms are 5% interest-only rate, 25% down payment and a 5-year term. The property is comprised of a diversified unit mix that includes studio, one-bedroom, two-bedroom, and a Penthouse unit, making it well positioned to serve a broad tenant base in one of Seattle’s most supply constrained submarkets. Roughly 50% of the units have had the flooring replaced with LVP floors. Replacing the remainder of the flooring and improving the kitchens and bathrooms will result in a significant increase in rent. The property has been owned by the same family for the last 31 years. Ownership has spent over $225K in capital improvements over the last couple of years. These improvements reduce near-term capital expenditure risk while preserving the opportunity for an incoming investor to execute a targeted unit renovation program and capture meaningful rental upside.

2629 2633 14th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$6,250,000
2523459 MLS ⋅ ACTIVE Status
Built in 1960, The Bayview consists of 27 well-maintained units featuring a mix of studios, one-bedroom, and two-bedroom apartments. Each unit offers hardwood floors, large windows, and updated appliances. The property includes common laundry facilities, secured tenant storage, and ample on-site parking on the east side of the building. The adjacent property at 2233 NE 46th Street is for sale, as a Portfolio Opportunity totaling 47 units, see listing MLS#2523446.

2233 NE 46th Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$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.

$5,500,000
2375807 MLS ⋅ ACTIVE Status
Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential—buyer to verify.

8214 Greenwood Avenue N, Seattle

Listing courtesy of COMPASS.

$5,000,000
2558190 MLS ⋅ ACTIVE Status
Hollywood Court is a 25-unit multifamily investment located in Seattle's highly desirable Capitol Hill neighborhood. The property consists of two buildings: the original 19-unit Hollywood Court, constructed in 1907, and a newer 6-unit building completed in 1998, offering investors a unique blend of historic character and more modern construction. Hollywood Court presents a compelling value-add opportunity in one of Seattle's most established and supply-constrained rental markets. The property benefits from a diverse unit mix and strong in-place occupancy, with the opportunity to enhance revenue through interior renovations, operational improvements, and continued alignment to market rents. Ideally positioned in the heart of Capitol Hill, the property offers unmatched access to Seattle's top lifestyle amenities and employment centers. Residents are within walking distance of light rail, Seattle Central College, Cal Anderson Park, and a vibrant mix of restaurants, cafes, and nightlife, while also maintaining close proximity to major employers in South Lake Union and Downtown Seattle, With its scale, location, and repositioning potential, Hollywood Court represents a rare opportunity to acquire a legacy asset with both near-term upside and long-term appreciation in one of Seattle's most dynamic rental submarkets.

1716 Boylston Avenue, Seattle

Listing courtesy of Kidder Mathews.

$4,900,000
2439327 MLS ⋅ ACTIVE Status
We are pleased to offer for sale the Beacon View Apartments; a well-positioned, turnkey 17-unit multifamily asset located in Seattle’s highly desirable North Beacon Hill neighborhood. Just a short walk from the Beacon Hill Light Rail Station, Beacon View offers residents seamless access to Seattle Metro Area, making it an ideal location for urban professionals. This stabilized, transit-oriented asset combines reliable cash flow with near-term value-add potential, an attractive opportunity for multifamily investors seeking growth in one of Seattle’s most connected neighborhoods. Projected Year one NOI of $299,370 and 6.1% Cap Rate.

2414 13th Avenue S, Seattle

Listing courtesy of Urban Commercial Partners, LLC.

$4,900,000
2335192 MLS ⋅ ACTIVE Status
Invest in a piece of Seattle’s storied past with this turnkey mixed-use property in Pioneer Square. Built in 1900, this well maintained 4 story building blends historic character with modernity, for dependable returns and future growth. Residential units offer 13 tastefully designed units, including 4 upscale penthouses with rooftop decks, 4 spacious lofts, 4 micro lofts, and 1 large studio. Units feature open layouts, contemporary finishes, and rich hardwood flooring, with on-site laundry and an elevator. On the ground level, two retail spaces are fully leased, ensuring steady cash flow. Set on bustling 1st St with street parking and a Walk Score of 96, this asset stands as a dynamic investment opportunity in the heart of Pioneer Square.

213 1st Avenue S, Seattle

Listing courtesy of COMPASS.

$4,700,000
2440960 MLS ⋅ ACTIVE Status
Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.

2350 Beacon Avenue S, Seattle

Listing courtesy of Urban Commercial Partners, LLC.

$4,650,000
2523446 MLS ⋅ ACTIVE Status
Constructed in 2016, Bayview West offers a modern living experience with 20 units comprising studios, one-bedroom, and two-bedroom apartments. These upscale units boast sleek finishes, urban layouts, easy-care plank flooring, stainless steel appliances, large windows, in-unit washer and dryers, and patios in select units. The adjacent property at 2233 NE 46th Street is for sale, as a Portfolio Opportunity totaling 47 units, see listing MLS#

2249 NE 46th Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$4,500,000
2536745 MLS ⋅ ACTIVE Status
The Dolphin is an iconic 8-unit waterfront apartment building prominently situated along the shores of Alki Beach. Meticulously maintained and extensively upgraded, this rare investment opportunity features approximately 65 feet of bulkheaded Puget Sound frontage with sweeping water and Olympic Mountain views. Significant improvements include a complete exterior refit with brick & stucco finishes, marine-grade stainless steel components, fiberglass decks, & an 80-mil PVC roof membrane. Ownership includes primary & secondary tidelands together with boat buoy rights—an increasingly rare waterfront amenity. Distinguished by its signature landscaping & landmark presence along the Alki shoreline, The Dolphin offers a unique combination of quality, location, & long-term investment potential. Conveniently located near Alki Point Lighthouse, waterfront recreation, dining, & neighborhood amenities. A rare opportunity to acquire a legacy-quality waterfront asset in one of Seattle's most sought-after coastal locations. First time on the Market in 30 years!

3015 Alki Avenue SW, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$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.

$4,500,000
2440780 MLS ⋅ ACTIVE Status
Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.

1401 S Holgate Street, Seattle

Listing courtesy of Urban Commercial Partners, LLC.

$4,496,000
2563184 MLS ⋅ ACTIVE Status
ALKI BEACH | Capturing the Pacific Northwest Lifestyle at Its Finest A rare opportunity to own one of Alki Beach's iconic historic brick apartment buildings, where timeless architecture meets one of Seattle's most sought-after waterfront locations. Built in 1928, this architectural gem showcases beautifully crafted masonry, rich period details, and exceptional craftsmanship that simply cannot be replicated today. It has stood as part of Alki's identity for nearly a century. Positioned directly across from Alki Beach, residents enjoy unobstructed views of Puget Sound, the Olympic Mountains, breathtaking sunsets, and the ever-changing beauty of the Pacific Northwest. Watch Washington State ferries cross Elliott Bay, sailboats glide along the shoreline, and commercial vessels navigate one of the world's most scenic waterways, all from home. Just outside the front door, experience the best of Alki's vibrant beach community. Walk to popular restaurants, cafés, and waterfront attractions, or enjoy miles of sandy shoreline. The 2.5-mile Alki Trail is perfect for walking, jogging, biking, rollerblading, or taking in spectacular evening sunsets. Spend summer evenings gathered around the beach fire pits, launch a paddleboard or kayak, or simply relax while enjoying the sights and sounds of Seattle's most beloved waterfront. This is more than an investment. It is an opportunity to own a landmark property in one of the city's most iconic and enduring neighborhoods.

2452 Alki Avenue SW, Seattle

Listing courtesy of John L. Scott, Inc..

$4,495,000
2503530 MLS ⋅ ACTIVE Status
A rare 10-unit apartment portfolio in Green Lake, spanning three buildings across two parcels totaling 8,600 SF of LR2 zoning.The portfolio features a desirable mix of one-, two-, and three-bedroom units, all with private washers and dryers. Seven units are spacious townhome-style layouts (900–1,100 SF) with attached garages, laundry, and storage. A private courtyard garden sits between the buildings, creating a quiet residential feel.Over the past decade, ownership has replaced all wiring and plumbing, fully renovated kitchens and baths, and installed new gas furnaces.This central Green Lake location earns a Walk Score of 96 and is within walking distance of the Roosevelt Light Rail Station, Green Lake Park & Ride, PCC Market, the library, and neighborhood dining.

8001 Densmore Avenue N, Seattle

Listing courtesy of Lee & Associates Commercial RE.

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

3232 15th Avenue W, Seattle

Listing courtesy of John L. Scott, Inc.

$4,295,000
2475680 MLS ⋅ ACTIVE Status
The property reflects true pride of ownership, with extensive upgrades completed in recent years. Improvements include full replacement of in-unit wiring and plumbing, along with comprehensive kitchen and bathroom remodels, ensuring modern comfort, durability, and reduced future capital needs. With an average unit size of 560 SF, the building offers efficient layouts that remain highly competitive in the Beacon Hill rental market. Offering a desirable and efficient unit mix of two studios, thirteen one-bedrooms, and seven two-bedrooms, this 22-unit asset delivers broad renter appeal and strong operational fundamentals. Residents benefit from close proximity to local amenities, outdoor recreation, transit access, and major employment centers—supporting consistent demand in all market cycles.

1815 13th Avenue S, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$4,150,000
2480872 MLS ⋅ ACTIVE Status
Sited just off 509 at the edge of SeaTac Airport sits 15043 8th Ave S AND 648 S 152nd Street in Burien. These two buildings include 23 studio units and one large ground floor office space, perfect for a law office or other entity. With a simple commute in any direction and proximity to light rail, these buildings have had minimal vacancy. Both buildings present an excellent opportunity for a savvy buyer with upside potential.

15043 8th Avenue S, Burien

Listing courtesy of Windermere Real Estate Co..

$4,000,000
2527028 MLS ⋅ ACTIVE Status
The property consists of 19 one-bedroom / one-bathroom units, one one-bedroom + office / one-bathroom, and one three-bedroom / two-bathroom unit, totaling 14,975 rentable square feet across three stories of wood-frame construction. The property has been meticulously maintained during the current ownership and this is the first time the property has been marketed in 33 years. Current rents average below market across the portfolio, with one-bedroom units running approximately 6% below comparable market rents and the three-bedroom unit carrying meaningful additional upside. An investor operating the building at market rents and fully charging for parking and storage will bring the proforma cap rate to 7.0% with minimal capital needed. The building has been meticulously maintained throughout the current ownership. In 2016, elastomeric waterproof paint was applied to the rockcrete siding, the roof was replaced in 2019 along with the main water supply line, and in 2023/2024 the main sewer drain line and underground cast iron plumbing was replaced. Interbay 21 Apartments offers convenient access to major public transportation routes while being in close proximity to the employment centers, dining, retail, and neighborhood amenities of Queen Anne, Ballard, Interbay, and Magnolia. The building’s location on a quiet residential street provides a strong lifestyle appeal for its tenants and will be highly desirable for future tenants as well.

2820 15th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$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.

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

600 W Emerson Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$3,350,000
2529866 MLS ⋅ ACTIVE Status
We are pleased to present Franklin 8 in Seattle’s Eastlake neighborhood! Built in 1967, the 8-unit asset comprises ~7,458 SF and features 8 spacious 2BD, 1BTH units. Each features a private patio or balcony and the large 930 SF floorplans include dedicated dining spaces, large closets, and pantry storage. The top floors units feature Clerestory height ceilings and windows in the living space. 2 units have been fully remodeled and equipped with in-unit laundry, providing the template to realize additional upside in completing renovations on the remaining 6 units. Significant capital improvements have been completed in 2023, including a reseal roof, replaced cedar siding, updated fencing, and improved landscaping. The building also features double paned windows throughout. In addition to its steady in-place performance and renovation upside, the asset presents investors with a unique opportunity to further increase density through the redevelopment of the rear parking lot which should support a 4-story building addition programed either as townhomes or eight potential new apartments (Buyer to verify). Positioned in one of Seattle’s most supply constrained and high-demand rental submarkets, the property supports the execution of multiple strategies for significant value add and upside building on a base of consistent and durable cashflow.

2362 Franklin Avenue E, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$3,250,000
2501955 MLS ⋅ ACTIVE Status
David Apartments is a rare Capitol Hill investment opportunity ideally located on Federal Avenue East, just moments from Volunteer Park, the Broadway retail corridor, and Capitol Hill Light Rail. Built in 1927, the property showcases timeless brick architecture, original character, and high ceilings that set it apart from commodity inventory. With a Walk Score of 94, the location supports strong and consistent tenant demand. In-place rents are well below nearby renovated comps, presenting a clear value-add opportunity through strategic interior upgrades. Located in one of Seattle’s most desirable, high-barrier-to-entry neighborhoods, David Apartments offers investors the chance to capture meaningful upside in both income and long-term appreciation.

741 Federal Avenue E, Seattle

Listing courtesy of Kidder Mathews.

$3,200,000
2552535 MLS ⋅ ACTIVE Status
Pasadena Place is a rare eight-unit multifamily opportunity located just minutes from the University of Washington, consisting of five townhomes and one triplex across three buildings. All townhomes were built in 2008, the triplex was built in 1927 and renovated in 2025. The property offers a desirable mix of spacious 2-, 3-, and 4-bedroom units averaging approximately 1,000 square feet, creating broad rental appeal in a high-demand neighborhood. All units in the triplex and one townhome have been recently renovated, while the remaining townhomes present a clear value-add opportunity through interior upgrades. Pasadena Place offers investors both stable in-place cash flow and future rental upside.

4218 Pasadena Place NE, Seattle

Listing courtesy of Real Broker LLC.

$3,195,000
2524172 MLS ⋅ ACTIVE Status
Excellent corner-lot Capitol Hill location within blocks of the Harvard-Belmont Landmark District, and walking distance to Downtown, South Lake Union, Volunteer Park, Cal Anderson Park, and the trendy retail corridors of Broadway, Pike/Pine, and 15th Ave E. Turnkey opportunity with stable occupancy and a 5.4% cap rate and 11.5 GRM. Walker’s Paradise Walk Score of 90 - incredible walking access to an abundance of restaurants, shops, grocery stores, parks, Link light rail station, and multiple bus routes. Upside potential - likely opportunity to raise rents to market levels and increase charges for parking and utility bill-backs to achieve a 5.8% cap rate and 10.8 GRM. Parking spaces for 6 vehicles. Excellent unit mix featuring five 2-bed/1-bath units, five 1-bed/1-bath units, and one studio unit - average square footage of 684. Substantial building upgrades including major plumbing and electrical updates to most units, bathroom improvements to more than half of the units, dishwashers and updated kitchens in the two-bed units, and in-unit laundry in 9 of the 11 units. Desirable features including updated windows, secured entry, spacious floor plans with dining areas and large closets, scenic views from select units, and a common laundry room with 10 storage lockers.

525 E Roy Street, Seattle

Listing courtesy of Kidder Mathews.

$3,100,000
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.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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