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$1,250,000
2250636 MLS ⋅ SOLD Status

5607 15th Avenue NE, Seattle

Listing courtesy of Northmarq Commercial, LLC. Selling Office: Lake & Company.

$2,050,000
2250332 MLS ⋅ SOLD Status
Well maintained and tastefully upgraded throughout current ownership, Tara has undergone some improvements over recent years. Featuring a desirable unit mix of twelve 1-bedrooms averaging 632 SF, renovations include new flooring, and kitchen cabinets and counter tops, in five of the twelve units, along with new bathroom cabinets and sinks in two of the twelve, ensuring higher comfort and functionality for current and future residents. Boasting a footprint of 12,230 SF, zoned NC1-55, and steps away from the brand new and currently under construction Mercer International Middle School, Tara Apartments offers significant future redevelopment potential. Positioned within the ever-growing and primely positioned Beacon Hill submarket.

4336 15th Avenue S, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: HomeSmart Real Estate Assoc.

$1,450,000
2250173 MLS ⋅ SOLD Status
DravusApartments, a six-unit apartment building in West Queen Anne. Centrally positioned between Ballard, Fremont, South Lake Union and Downtown Seattle. The property features an attractive unit mix consisting of two 1-bedroom, four 2-bedrooms, and featuring a spacious average of 735sf. The building also boasts personal deck space, and an abundance of parking with 11 total spots both above and below the building. By updating the units and modernizing the systems and amenities, investors are poised to realize a near 39% potential rental upside. DravusApartments makes an excellent investment for investors who are looking to secure a prime location and maximize their returns through a strategic value-add play.

3238 15th Avenue W, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: Lee & Associates Commercial RE.

$2,300,000
2248613 MLS ⋅ SOLD Status
Waverly Court (WC) is an 8-unit apt building in East Queen Anne. Conveniently located between Fremont, QA, and South Lake Union, WC is walking distance to local amenities & major tech employers such as Meta & Google. Attractive unit mix: One 1x1 & and Seven 2x1 w/ some upper floor units offering peekaboo water views. Avg. size of nearly 800sf, 2 units have updated kitchen and 5 units has LVT flooring. Tenants have access to private common patio, designated parking & common laundry. By updating the units and modernizing the systems and amenities, investors are poised to realize over 27% potential rental upside. WC makes an excellent investment for investors looking to secure a prime location and maximize their returns through value-add play.

2000 Waverly Place N, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: Kelly Right RE of Seattle LLC.

$1,248,000
2246524 MLS ⋅ SOLD Status
Rare Newer Home in Older U-District. 2021 Actual: $7575/m = $90,900. 2022: $8008/m = $96,090. 2023: $8205/m = $98,460. Property is leased @ same $8205/m thru August 2025. Your inspector & scholar's parents will like structure, systems & safety all built to latest codes. Residents enjoy intelligent design & floor plans, 2019 white on white quartz kitchen, all stainless, three tile baths, sparkling clean inside & out. Landlords find very low 10 year upkeep horizon. Easy stroll to Farmers Markets @ 5020 Brooklyn, Safeway & Trader Joe's, and the Light Rail Station. The Ravenna Cowan Park + Blvd Bike Trail to Greenlake Corridor is one of Seattle's largest greenspaces.

5264 Brooklyn Avenue NE, Seattle

Listing courtesy of Windermere Real Estate Co.. Selling Office: Kelly Right RE of Seattle LLC.

$1,700,000
2247526 MLS ⋅ SOLD Status
Seller Financing available! Seller carry 25% down, 5% interest for 2 years. 10839 SE 200th St in Kent, WA showcases a collection of six two-bedroom units averaging 869 SF each. Recent enhancements include upgraded countertops, cabinetry, flooring, and lighting in select units. Every residence is furnished with essential appliances such as washer, dryer, microwave, and garbage disposal. Opportunities for further unit improvements exist, alongside potential supplementary revenue streams from utility bill backs and paid parking. Positioned as a stable investment prospect, this property offers investors the prospect of enhanced rental income through modest renovations and market rate leasing.

10839 SE 200th Street, Kent

Listing courtesy of Northmarq Commercial, LLC. Selling Office: Keller Williams Realty PS.

$1,700,000
2247068 MLS ⋅ SOLD Status

514 N 11th Street, Tacoma

Listing courtesy of Keller Williams Seattle Metro. Selling Office: Windermere Abode.

$1,346,000
2246773 MLS ⋅ SOLD Status
Nestled in Seattle's vibrant Greenwood neighborhood, this 5 unit apartment is compelling investment opportunity suitable for both novice and seasoned investors. Positioned strategically amidst Seattle's coveted Phinney Ridge, Ballard and Greenwood neighborhoods and boasting a robust rental track record, this property provides consistent rental income and the prospect of substantial long term value appreciation. These neighborhoods have shown resilience to economic changes and have remained popular even during economic downturns, making them a long term blue chip investments.

8302 8th Avenue NW, Seattle

Listing courtesy of Pacific Crest. Selling Office: Kelly Right RE of Seattle LLC.

$1,320,000
2220139 MLS ⋅ SOLD Status
Welcome to this charming 12-unit apartment complex nestled in the heart of downtown Tenino. This well-maintained property boasts recently updated stairs, banisters, & decking, ensuring safety & modern aesthetics. Freshly painted exteriors enhance its curb appeal, complemented by new turf on the back and side of the property, perfect for outdoor activities. Each unit offers comfortable living spaces, & thanks to the prime downtown location, tenants enjoy easy access to local shops, dining, parks, and schools. With the highway just minutes away, commuting is a breeze. Consistently at full capacity, this complex is a stellar investment opportunity. Don't miss out on owning a piece of Tenino's thriving rental market with this turnkey property.

698 5th Avenue W, Tenino

Listing courtesy of Keller Williams South Sound. Selling Office: Greene Commercial.

$8,140,000
2236772 MLS ⋅ SOLD Status
Maplewood offers a 24-unit value-add apartment building located in the highly sought-after University District of Seattle.Offered for sale at $8.9 million, this property is on the market for the first time and presents a unique chance to acquire a legacy asset that has been meticulously maintained by the same family since 1985.Maplewood features large units in exceptional condition, providing ample potential for value-add renovations.After light renovations, rental rates can increase by 20% or more, making this property an attractive prospect for savvy investors. Located steps away from the prestigious University of Washington-ranked #2 in the U.S.Maplewood is just minutes away from an abundance amenities, and a regional light rail station.

4253 7th Avenue NE, Seattle

Listing courtesy of Kidder Mathews. Selling Office: Kidder Mathews.

$1,915,000
2235702 MLS ⋅ SOLD Status
Positioned on a corner lot in desirable north Queen Anne Just three blocks from Seattle Pacific University, 3015 Queen Anne Ave N is a fully renovated 6-unit apartment community. Downtown Seattle, with its numerous employment and entertainment options, is easily accessed via public transit, while a variety of restaurants and shops are within easy walking distance. The property boasts upgraded Kitchen and bathrooms featuring in-unit laundry, updated plumbing and electrical systems, and spacious 1-bedroom/1-bathroom and 2-bedroom/1.75 or 2-bath units.

3015 Queen Anne Avenue N Unit #1-6, Seattle

Listing courtesy of Kidder Mathews. Selling Office: Medawar Real Estate.

$1,300,000
2234960 MLS ⋅ SOLD Status
Washington South Apts. is a value-add turn-key community comprised of five 2-Bdrm & one 1-Bdrm units & coin-operated laundry. Currently, under-performing at a 7.0% cap rate, rents can be increased by an average of 13.59%. New windows, exterior paint and full unit remodels were done. All units have oversized decks or patios with unobstructed views of Mt. Rainier. Off-street parking for each unit. Centrally located w/in the downtown corridor of Eatonville offering short walking to grocery, restaurants, & parks. Make 1 or 2 units into Airbnb units for further income increases. Excess land can support an additional 2 to 4 units. Oversized bathrooms allow for possible addition of W/Ds to units. ATTACHED MARKETING PACKAGE IN SUPPLEMENTS.

210 Washington Avenue S, Eatonville

Listing courtesy of Kidder Mathews. Selling Office: Keller Williams Realty PS.

$1,800,000
2233647 MLS ⋅ SOLD Status
Enjoy cashflow & stability while planning future development upside! Current financials of this building are above average for comps but the differentiating quality of this opportunity is found in the extraordinary upside. 6-unit building (five are 2bedrooms) w/ addtl SFH (2bds/1ba) sits on a 7,650 sqft street-to-street lot w/ coveted LR-3 zoning. Three viable upside options: 1) add rental units or build/sell townhomes where SFH currently sits; 2) expand existing units into under-utilized interior space (there are two large interior staircases, one could be repurposed to pick up an entire bedroom on three units); and 3) align rents with market-rate. Loads of off-street parking. Close commute to high-income jobs + Whole Foods & Trader Joe's.

3422 21st Avenue W, Seattle

Listing courtesy of Realogics Sotheby's Int'l Rlty. Selling Office: Realogics Sotheby's Int'l Rlty.

$900,000
2234247 MLS ⋅ SOLD Status
Completely rented out 6 plex with long time tenants, 1 fully updated unit & some updated units, all 2 bed / 1 bath, Community Laundry & Utility room.

2710 Warner Avenue, Enumclaw

Listing courtesy of Person Real Estate Group LLC. Selling Office: ZNonMember-Office-MLS.

$1,620,000
2231223 MLS ⋅ SOLD Status
Seller financing opportunity with significant upside! Located just north of Green Lake, this attractive 6-unit building was originally constructed as a triplex in 1963 with the south wing and three more units added in 2001. The building blends older architecture and modern elements together perfectly and is comprised of a studio, one-bedroom, and 4 large two-bedroom units (2 featuring in-unit washers and dryers). The property has been well cared for and managed by the same local owners for almost 20 years. Units have been updated and refreshed over the years with newer appliances, flooring and fixtures in some cases and a recent total renovation of the one-bedroom with modern finishes.

1135 N 93rd Street, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Kidder Mathews.

$1,597,000
2227960 MLS ⋅ SOLD Status
This five-unit building features large units with private balconies in an excellent Ballard location just four blocks north of Market Street. The Ballard 5 consists of three one bedroom one bath units ranging in size from 760 to 810 square feet, a large two bedroom one-and-a-half-bath unit that is 960 square feet, and a penthouse unit. The penthouse is 1,210 square feet and is a two bedroom one and a half bath unit featuring large living spaces throughout. The units have private balconies for the tenant’s enjoyment. Two of the units have received full remodels and a third unit has been partially updated. There is a common laundry room on site for the tenants use.

1716 NW 59th Street, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: eXp Realty.

$1,025,000
2223595 MLS ⋅ SOLD Status
Three brick duplexes on one parcel. Lovely setting situated in a strong residential neighborhood. Currently under market rents at $1,150 per unit. Rent increases in progress to $1,250 per unit. Very private with beautiful gardens. Owner financing with 25% down, 30 year amortization, 6% interest, with a 5 year call. This property is in good condition with excellent potential.

9502 Whitman Avenue SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma. Selling Office: Skyline Properties, Inc..

$1,722,000
2217378 MLS ⋅ SOLD Status
Rare 5 unit apartment building in incredible North Admiral location with spectacular Seattle Cityscape, Elliott Bay, and Cascade Mountain views. The property is in pristine condition with numerous upgrades including boiler & brand new roof. Sited on an extra wide, oversized street to street lot (8,074 SF) & is just steps to Hamilton View Point Park. Unique layouts include a huge 2bed/2bath unit with rec room & garage (would be a great owners unit), 3 one bedroom units, and a studio. Extremely convenient location to Seattle water taxi, shops & restaurants, and Alki Beach. Surrounded by multi-million dollar single family homes makes this a very unique opportunity!

1330 California Avenue SW, Seattle

Listing courtesy of Berkshire Hathaway HS NW. Selling Office: KW Greater Seattle.

$2,025,000
2218767 MLS ⋅ SOLD Status
The Cameo Apartments is a 15-unit property in Burien with current rents below market presenting an exceptional value-add opportunity on the repositioning of this classic property. Reposition this asset by achieving current market rents or go for it & max out the investment potential of with a renovation of the units/property at your own pace. There is a mix of newer leases & long-term tenants. More than 50% of the units on MTM lease. The unit mix of the 15 units is 11 – 1-bed/1-bath units and 4 – 2-bed/1-bath units. Located a short distance to SeaTac airport & major employers such as Boeing. The central location & spacious units make it a promising asset for deploying many different investment strategies. Up & coming area with new homes!

1121 SW 126th Street, Seattle

Listing courtesy of eXp Realty. Selling Office: Paragon Real Estate Advisors.

$1,600,000
2217557 MLS ⋅ SOLD Status
Attractive 9 unit apartment building centrally located in Kent. Rents are below-market and a value-add opportunity exists to fully renovate the units and lift rents higher. The building has seen extensive updates during the last 12 months, with over $160,000 spent on improvements. 6 of the 9 units have been updated with LVP flooring, new appliances, bathroom remodels, and paint. All electrical panels have been replaced. Exterior improvements include the installation of a new membrane roof, fresh exterior paint, replacement of the sewer line connection, landscaping and the Puget Sound Energy box replacement. The building is “L-Shaped” with a courtyard which provides a sense of community for the tenants.

9045 Canyon Drive, Kent

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Skyline Properties, Inc..

$1,730,000
2214872 MLS ⋅ SOLD Status
Please see the flyer in supplements.

8800 Nesbit Avenue N, Seattle

Listing courtesy of Sea to Sky Realty. Selling Office: Sea to Sky Realty.

$1,050,000
2212579 MLS ⋅ SOLD Status
Penny Lane Apartments offered for the first time since its construction. Located in DT Auburn, well-maintained & consists of two 2-story buildings. One being a duplex & another a triplex; consisting of three 2BD/1BTH units & two 2BD/1.5BTH townhomes ranging between 915-1240SF. Units feature all kitchen applncs, baseboard heating, patio/balconies, vinyl & carpet flooring, washer/dryer hook ups, attached garages along with some having additional off street parking. Both buildings are comprised of asphalt shingle roofs which were replaced in 2007, aluminum siding & vinyl windows. A new owner will benefit from the multitude of options in increasing the income at Penny Lane based off their operational strategy. Don't miss this great opportunity!

514 8th Street NE, Auburn

Listing courtesy of John L. Scott, Inc. Selling Office: ZNonMember-Office-MLS.

$1,150,000
2211088 MLS ⋅ SOLD Status
Huge price drop! This classic 5-unit apartment building in prime Capitol Hill location offers the savvy investor a strong revenue stream and tons of upside. Each spacious unit features a unique layout, wood floors, fresh interior paint, gas cooking. Nice mix of 1 bed, 1+ den, 2-story units, some with views of city + mountains. The basement includes storage, common laundry, large unfinished area for possible expansion. Rents are proforma from property manager. Currently a 5.8 CAP with room for upside. The building is now vacant, allowing new owner the option to renovate or place tenants. Low vacancy rate historically (fully leased for many years). Great location, close to light rail, SLU, freeway, everything on Capitol Hill + downtown.

314 E Mercer Street, Seattle

Listing courtesy of Windermere RE Greenwood. Selling Office: COMPASS.

$1,220,000
2199238 MLS ⋅ SOLD Status
Subject property is a contractor/developer special in receivership. There are five independent houses all with independent mail addresses on 215,186 sqft lot. This lot is to be sold in tandem with parcel number APN 062205-9001 (19221 Talbot Rd S) for a total of six houses. Both properties together sold AS IS at estimated value of $1,825,000. Inspection available upon request. Tenants on property.

19223 Talbot Road S, Renton

Listing courtesy of Best Choice Realty. Selling Office: Skyline Properties, Inc..

$1,415,000
2208004 MLS ⋅ SOLD Status
This 10-Plex in Eatonville is a value-add opportunity comprised of nine (9) 2-Bdrm Units, one (1) 1-Bdrm Unit, & coin-operated laundry. Currently under-performing w/ a 5.87 cap rate, but will produce a 9.64 cap rate once rented at market rates. Complex has undergone some recent updates: all new windows in 2019 + full & partial unit remodels. Upper units each offer balcony overlooking Mt Rainier & can be accessed via living rm & bdrm. Large parking lot & two (2) other parking areas + on-street parking options. The 2-bdrm units are identical in layout: living/dining/kitchen combo w/ full bath between bdrms. Centrally located w/in the downtown corridor of Eatonville offering proximity to grocery, restaurants & parks. Owner financing considered

214 Mashell Avenue S, Eatonville

Listing courtesy of Windermere Professional Prtnrs. Selling Office: Skyline Properties, Inc..

$2,500,000
2209110 MLS ⋅ SOLD Status
Within Minutes to Major Arterials, Seattle Community College and the University of Washington. Nine out of twelve unit have been beautifully remodeled.

12011 32nd Avenue NE, Seattle

Listing courtesy of Excel Properties. Selling Office: Excel Properties.

$4,680,000
2207905 MLS ⋅ SOLD Status
Northmarq is pleased to introduce Nob Hill Apartments, a 12-unit multifamily property located in Seattle’s lower Queen Anne neighborhood. The property consists of a mix of Studio, 1-bedroom, and 2-bedroom/2 bath units totaling 8,811 rentable square feet. Constructed in 1974, the property has remained well maintained and recently underwent significant renovations improving the exterior appeal, existing interior units, and adding new living spaces. Additionally, the asset’s loan of $2.28M is assumable to qualified borrower’s with fixed interest of 3.375% through April 2026.

715 Nob Hill Avenue N, Seattle

Listing courtesy of Northmarq Commercial, LLC. Selling Office: Northmarq Commercial, LLC.

$570,000
2207841 MLS ⋅ SOLD Status
Add to your investment portfolio today! 6.3% cap rate!! First time on the market 5-plex. Each unit has 1 bedroom, 1 bathroom kitchen & living space. All units fully rented out w/ low turnover rate. 5 new electrical subpanels upgraded in 2023. Unit #5 has new heater, upgraded wiring & new stove. Upgraded plumbing w/ clean out access. Owner pays electric on units 3, 4, 5. Brand New water heater installed in shared laundry room in 2024. Common area maintenance included in rent. Outside city limits of Tacoma, only county & state rental rules apply. Onsite property manager. Buyer to verify all info. Great location! Close to PLU, JBLM, restaurants, shopping & bus line.

720 108th Street S, Tacoma

Listing courtesy of Icon Group. Selling Office: Icon Group.

$2,000,000
2206896 MLS ⋅ SOLD Status
This boutique 10 unit apartment checks all the boxes with its ideal location, mid-mod vibes, ample parking & strong cash flow. Fully stabilized with updated units, market rents & excellent professional management! Offered at a true 6.4% Cap Rate! A good unit mix of 2 beds, 1 beds, studios plus easy access to Northgate & Lake City Way attract solid commuter tenants. All units were remodeled to the studs with sleek new kitchens, baths, SS appliances, tile backsplash & pops of chic Hawaiian themed touches. Recent CapX includes new windows, 30 year TPO roof & updated plumbing throughout. Coin Op laundry provides additional income. In a world of bland & drab apartment buildings-be an Aloha House... don't miss this unique turnkey investment!

2460 NE Northgate Way, Seattle

Listing courtesy of Keller Williams Seattle Metro. Selling Office: Skyline Properties, Inc..

$2,800,000
2206641 MLS ⋅ SOLD Status
Non profit owned property and sold to private investor.

11020 1st Avenue SW, Seattle

Listing courtesy of Kidder Mathews. Selling Office: Westlake Associates, Inc..

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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