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$2,225,000
2475321 MLS ⋅ SOLD Status
The Puget Panorama offers seven spacious 2-bedroom/one-bath units and one luxury 1,300 square foot 3-bedroom/1.75-bath unit; all corner units facing Puget Sound. There are two units per floor, and 2 units have in-unit laundry and there are 3 common laundry rooms; essentially each unit has their own private laundry room. In addition, each unit has either a large patio with a yard or deck for the residents’ enjoyment, and many units have views of Puget Sound further enhancing the enjoyability of the living space. The Puget Panorama offers spacious, light-filled units with quality floor plans offering a ‘home environment’ vs an apartment experience. Puget Panorama is located in the growing and dynamic Greenwood neighborhood. Greenwood is nestled between Greenwood Avenue and Highway 99, offering a vibrant retail corridor which includes restaurants, cafes, nightlife, a Hardwood store that has everything, a grocery store, the best Trader’s Joe in the city, a library and the Taproot Theatre a local and cultural gem.

11521 Greenwood Avenue N, Seattle

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

$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.

$1,565,000
2473133 MLS ⋅ SOLD Status
Owner Financing available with 30% down and 5% Interest Only. Do not Disturb Tenants. Listed for the first time in over 30 years, Ballard 5 is a unique investment opportunity in one of Seattle’s most dynamic neighborhoods. Featuring all spacious 2-bedroom units, Ballard 5 is strategically positioned just blocks away from a future light rail station expected in 2039. This major infrastructure upgrade will enhance transit access, connectivity, and overall property value, making it even more desirable for quality tenants seeking urban convenience and neighborhood charm. The property offers strong value appreciation potential and stable rental income with attractive owner financing (30% down at 5% interest only).

1423 NW 60th Street, Seattle

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

$950,000
2470155 MLS ⋅ SOLD Status
The Park 5 apartments are a well-located 6-unit apartment building constructed in 1910, offering investors a compelling value-add opportunity in one of Tacoma’s most desirable and historically stable submarkets. Significant recent capital improvements have already been completed, substantially reducing new ownerships near-term maintenance risk. Recent upgrades include brand new exterior siding and paint, along with a new roof and new windows, positioning the asset with strong curb appeal and durable long-term appreciation. These improvements allow a new owner to focus capital and effort on interior enhancements rather than major structural or exterior work. The interiors remain in largely original condition, presenting a clear path for modernization through updated finishes and fixtures. Park5 offers meaningful upside potential through a strategic renovation program aimed at driving rental growth. The property benefits from an exceptional location, situated adjacent to Wright Park, one of Tacoma’s most iconic green spaces, and just steps from Tacoma General Hospital, one of the region’s largest employment hubs. This proximity supports strong tenant demand from healthcare professionals and long-term renters seeking walkability, access to transit, and neighborhood amenities.

908 S 5th Street, Tacoma

Listing courtesy of Kidder Mathews. Selling Office: Skyline Properties, Inc..

$9,500,000
2470082 MLS ⋅ PENDING Status
Town Centre Village is a well-maintained mixed-use investment offering a compelling blend of scale, diversification, and modern appeal. The property features 37 spacious residential units with large one- to three-bedroom floor plans, complemented by 13 street-level retail suites that provide multiple income streams. Built in 2005 with expansion in 2017, the asset includes a main elevator-served building as well as a separate townhome-style fourplex. Residential units have been upgraded with contemporary flooring, cabinetry, and finishes, and every unit is equipped with a full in-unit washer and dryer. Retail tenants operate under established NNN leases and benefit from fully served HVAC systems, while on-site amenities include secured 24-hour resident parking, 87 total parking spaces, an on-site daycare, salon, and café—enhancing both tenant demand and long-term stability. Ideally positioned along high-visibility Bridgeport Way SW, the property offers immediate access to I-5, Tacoma, and Joint Base Lewis-McChord, with Lakewood Towne Center’s retail and dining options just minutes away. The Lakewood Transit Center is located under two miles from the site, further strengthening commuter appeal.

10240 Bridgeport Way SW, Lakewood

Listing courtesy of Westlake Associates, Inc..

$1,499,999
2468619 MLS ⋅ ACTIVE Status
Value-add mixed-use multifamily opportunity along the Pacific Avenue corridor, suited for an investor focused on lease-up, income stabilization, and operational improvement. The property includes 10 residential units with street frontage featuring a minimart and convenience store component. The residential units offer upside through leasing activity, while the commercial frontage provides additional income potential along a high-traffic corridor. The property provides ample on-site parking and is conveniently located near major arterials and daily services. Well suited for an investor seeking steady income with incremental upside and long-term mixed-use flexibility.

9618 Pacific Avenue, Tacoma

Listing courtesy of Engel & Voelkers Seattle DT.

$2,999,999
2468356 MLS ⋅ ACTIVE Status
Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor, well suited for an investor focused on renovation completion, lease-up, and long-term income growth. The property consists of three buildings totaling 21 units. The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with additional units in various stages of renovation. All three buildings have been repainted recently. New roofs have also been installed on the two single-story buildings on the property. The third building is a three-story structure built in 1989 with nine spacious two-bedroom units. The property offers on-site laundry and ample parking and is conveniently located near retail, dining, transit, and daily services.

7603 Pacific Avenue, Tacoma

Listing courtesy of Engel & Voelkers Seattle DT.

$21,500,000
2468328 MLS ⋅ ACTIVE Status
Joint Venture Development Opportunity. Mount Bay Apartments is a permit-ready, fully bid, and shovel-ready 307-unit workforce housing development in the heart of Tacoma’s Transportation District. One block from Tacoma Link Light Rail, Sounder, Amtrak, and Greyhound, the project delivers unmatched regional connectivity to downtown Tacoma, Seattle, and Portland—driving strong demand, high occupancy, and long-term value. Designed for working professionals and essential workforce residents, the community features two landscaped courtyards, convenience retail, below-grade parking, a welcoming lobby, fitness center, shared workspace, and a seventh-floor indoor/outdoor sky lounge. The project is fully aligned with Tacoma’s urban revitalization vision while addressing a critical housing need. Mount Bay Apartments offers a compelling, defensive multifamily investment with predictable cash flow, downside protection, and meaningful upside. Workforce housing has consistently outperformed luxury assets across market cycles, delivering stable occupancy even in economic downturns. An eight-year property tax abatement enhances early-year cash flow and improves overall returns, while long-term appreciation is supported by sustained infrastructure investment and neighborhood transformation. This is an exceptional opportunity to partner in a transit-oriented, tax-advantaged asset positioned to generate reliable income and lasting value in one of Tacoma’s fastest-growing urban corridors.

301 E 26th, Tacoma

Listing courtesy of Crestview Realty Advisors.

$1,475,000
2467107 MLS ⋅ SOLD Status
This 8-unit apartment building presents an enticing investment opportunity in prime Burien location. Investors can benefit from a well-maintained property built in 2009, featuring modern standards and low maintenance. The high walk score enhances tenant appeal, making it an attractive living option. The two vacant units offer immediate market leasing potential and increased income. This building offers investors reliable cash flow immediately with optimistic income projections.

423 SW 155th Street, Burien

Listing courtesy of Windermere RE West Campus Inc. Selling Office: Homes & Equity Real Estate Grp.

$1,300,000
2467071 MLS ⋅ ACTIVE Status
Are you looking for your next multi family investment? Maybe 1031 exchange? Look no further! This 10 unit apartment complex in Hilltop is an incredible opportunity and perfect for your portfolio! Very conforming 2 story complex with 5 units down, 5 units up, a laundry room, and storage room! Each unit is a 1 bed 1 bath and all separately metered! Various updates have been done throughout the interiors and exterior of the property! This is a prime location conveniently located on the Tacoma Link Light Rail, nearby UW Tacoma, Stadium District, Hospitals, restaurants, shops, entertainment, and more! Fully gated property for security and a dog run out back! This has everything you need for your next investment! Hurry before it's gone!

1405 Martin Luther King Jr Way, Tacoma

Listing courtesy of Theory Real Estate.

$5,425,000
2465211 MLS ⋅ SOLD Status
Rare. Well maintained 24 units. All 2 beds, 2 baths with laundry and fireplace. Over 900 sqft. Each has a Deck or a patio. All units are identical except 104 and 108 which are handicap accessible.

13232 Ambaum Boulevard SW, Burien

Listing courtesy of Landlord Management, Inc.. Selling Office: Paragon Real Estate Advisors.

$1,925,000
2464787 MLS ⋅ ACTIVE Status
Built in 1967, the Holly Lane Apartments sit on a 12,846 sqft lot in a peaceful lakeside neighborhood in the heart of downtown Burien. The building is comprised of 10 spacious two-bedroom/one-bathroom floor plans that average 925 sqft. The apartments have functional layouts, abundant storage, complete kitchen appliance packages, and private balconies/patios. The units have been well maintained with a mix of “classic” interior finishes and light updates such as LVP flooring and appliances. Building features and amenity spaces include a very large common laundry area on the lower level, secure resident and manager/owner storage lockers and a large office space suitable for a property manager.

1017 SW 154th Street, Burien

Listing courtesy of Paragon Real Estate Advisors.

$2,608,000
2463336 MLS ⋅ SOLD Status
Van Lloyd Apartments offers exceptional positioning in Burien with easy access to schools, retail, transit, and major employment hubs. Over $375K in upgrades; including new systems, roof, windows, exterior improvements, and modern interior finishes; enhance quality and performance. With a strong 1–2 bedroom mix, proven rent growth, minimal maintenance needs, and attractive 4.06% assumable debt, this turnkey asset delivers stability and meaningful upside.

255 SW 154th Street, Burien

Listing courtesy of Real Broker LLC. Selling Office: Pacific Crest.

$725,000
2460255 MLS ⋅ SOLD Status
True value add apartment play in Puyallup. 5-unit building features all 2B/1B units at 750 SqFt, with 4 units currently vacant and ready for renovation. The 1984 structure sits on a large 15,000 SqFt lot with ample parking and fenced yard space. Each unit has a private patio or balcony with additional outdoor secure storage, units include fireplaces, and a common laundry room on-site. Advertised rents are the market rate with unit improvement. Sale subject to conservatorship court approval

718 10th Street SE, Puyallup

Listing courtesy of The Foundation Group LLC. Selling Office: Windermere Real Estate/PSR Inc.

$1,325,000
2460664 MLS ⋅ SOLD Status
The Lincoln Park 6 is a six-unit multifamily investment located in the highly coveted Lincoln Park/Fauntleroy neighborhood of West Seattle. Just one block from Lincoln Park and minutes to the California Ave SW retail corridor and Alki Beach, the property is ideally positioned to benefit from strong renter demand, exceptional walkability, and the enduring appeal of West Seattle’s premier coastal amenities. Opportunities to acquire apartments in this pocket are limited due to historically low turnover, making The Lincoln Park 6 a rare chance to secure a well-located asset in one of West Seattle’s desirable submarkets.

4700 SW Othello Street, Seattle

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

$567,500
2460366 MLS ⋅ SOLD Status
Prime turnkey rental just one block from the University of Puget Sound! This permitted 6-bed, 2.75-bath rental offers 2,705 sq ft of updated living space and strong, consistent rental demand. Thoughtful conversions and improvements create spacious bedrooms, functional common areas, and reliable cash flow with all 6 bedrooms currently leased. Classic Tacoma charm blends with modern updates, making this an ideal long-term hold in one of the city's most desirable neighborhoods. Close to UPS, 6th Ave dining, Proctor District shopping, parks, and transit—an incredible opportunity for investors seeking stability, location, and upside.

1201 N Washington Street, Tacoma

Listing courtesy of Coldwell Banker Bain. Selling Office: Coldwell Banker Bain.

$4,650,000
2458198 MLS ⋅ SOLD Status
Classic 22-unit Capitol Hill trophy asset built in 1928 just off the vibrant Broadway retail corridor in a quiet residential setting with excellent access to bars, restaurants, shops, and amenities. Brimming with old-world charm, the building features stained glass, vintage tile, coved ceilings, and arched doorways that attract residents who value character. Strong in-place cash flow with upside by bringing classic units to market rent or completing full renovations to achieve top-of-market rents. Just two blocks to Capitol Hill Light Rail and offering gated parking for added convenience.

409 10th Avenue E, Seattle

Listing courtesy of Kidder Mathews. Selling Office: ZNonMember-Office-MLS.

$3,025,000
2457314 MLS ⋅ SOLD Status
The Abbey Apartments is an 11-unit, value-add building in a remarkable Green Lake location. Located just a parcel away from the north shore of Green Lake, the property has been owned and cared for by the same family that had it built and offers an investor the rare opportunity to acquire a high-quality asset with immediate income upside and value-add opportunity. The property features 7 - one-bedroom/one-bath units, 3 - two-bedroom/one bath units, and a spacious (1,400 SqFt) three-bedroom/two-bath penthouse. With an average unit size of 800 SqFt, residents enjoy generous living space in each home and units appeal to a wide range of renters.

7919 Wallingford Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.

$2,450,000
2452589 MLS ⋅ ACTIVE Status
Arun Apartments "PERMITTED" Development Site. The current permitted property is shovel ready for immediate development and is located in the highly desirable East Queen Anne/Westlake neighborhood of Seattle which offers immediate redevelopment potential in one of Seattle’s most supplyconstrained and sought-after multifamily submarkets. Beyond the existing remodeled 6 units, the site's zoning, pre-obtained permitting and design combine the two existing lots, allowing for an immediate development project consisting of five 4-story rowhouses. This feature presents an invaluable opportunity to bypass the typical lengthy permitting process where investors can elect to execute the permitted project for sale or long-term rental income.

1809 5th Avenue N, Seattle

Listing courtesy of Pacific Crest.

$1,900,000
2451010 MLS ⋅ PENDING FEASIBILITY Status
Built in 2015, this contemporary midrise offers 8 thoughtfully designed one-bedroom residences in the heart of North Seattle. Large windows that fill the space with natural light, driftwood-style flooring, and granite countertops that complement the sleek stainless steel appliances and tile backsplashes. Residents enjoy in-unit washer and dryers, AC, and a modern open layout ideal for today’s urban lifestyle. Located near shops, transit, and neighborhood amenities, this property offers both modern comfort and long-term value. The building's clean modern design and low-maintenance systems make it an ideal long-term hold for investors seeking stable cash flow and appreciation potential. 6% cap rate. Prop tax reduced thru 2028 for MFTE.

1126 N 90th Street, Seattle

Listing courtesy of VerraTerra.

$1,699,000
2451055 MLS ⋅ ACTIVE Status
11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.93% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.

1718 Summit Avenue, Seattle

Listing courtesy of COMPASS.

$1,380,000
2450840 MLS ⋅ SOLD Status
Great price for this nine unit apartment building in Burien, many long time tenants,. Original owners have methodically maintained spacious units, replacing and updating appliances, windows and fixtures. Parking for all units plus guest parking, coin op laundry and small office on site. Easy to rent. Downtown Burien is just three blocks away. Great opportunity.

439 SW 156th Street, Burien

Listing courtesy of Coldwell Banker Danforth. Selling Office: Skyline Properties, Inc..

$694,000
2450759 MLS ⋅ SOLD Status
Investor alert in the heart of North Tacoma! This 7-bedroom, 3-bath (1 full, 1 ¾, 1 ½) home offers 2,372 sq ft of rentable space with a lease secured through May 2027. Sitting on a corner lot just steps from the University of Puget Sound athletic fields, aquatics center, and fieldhouse. This location is unbeatable for consistent rental demand with no vacancies in 17+ years. Enjoy a newer roof (2025), a main-floor deck, and easy access to UPS, 6th Ave dining, shopping, and all that North Tacoma has to offer. A prime, turnkey investment opportunity in one of Tacoma’s most sought-after areas.

3421 N 8th Street, Tacoma

Listing courtesy of Coldwell Banker Bain. Selling Office: Coldwell Banker Bain.

$3,260,000
2448401 MLS ⋅ SOLD Status
23-unit value-add apartment community in the desirable Des Moines Marina District. Built in 1962, the Cliff offers a mix of studio 1 and 2 bedroom units. Livable and cool mid-century layouts with great natural light position the property well for a renovation strategy that enhances tenant appeal and drives income potential. Building features and amenity spaces include a convenient common laundry area on the lower level, large and secure tenant storage lockers and a small office suitable for a property manager or maintenance staff. Priced at $150,000 per unit, the Cliff Apartments present a compelling opportunity to acquire a quality asset offering significant upside in a desirable and thinly traded waterfront community.

21833 7th Avenue S, Des Moines

Listing courtesy of Paragon Real Estate Advisors. Selling Office: DBW Private Brokerage LLC.

$1,500,000
2446448 MLS ⋅ SOLD Status
Solid investment opportunity in Seattle’s U-District! This well-kept 5-plex offers four 3BD/1BA units and one 2BD/1BA unit, all featuring bright interiors and updated finishes. Durable fiber cement siding, double-pane windows, and upgraded flooring ensure low upkeep. Tenants enjoy a shared deck, on-site laundry, and off-alley parking. Prime central location U district location. Waking distance to UW campus, transit, and major commuter routes. Consistently desirable rental property with great income potential. There is coin op laundry room and 4 off the alley rentable parking spaces for additional income! Easily obtain 5%+cap rate.

5210 11th Avenue NE Unit #1-5, Seattle

Listing courtesy of Lotside. Selling Office: Essential Realty.

$1,600,000
2448363 MLS ⋅ SOLD Status
Burkewood Apartments is an appealing 8-unit multifamily investment in Seattle’s sought-after Hawthorne Hills neighborhood. This well-maintained property, built in 1956, boasts 8 moderately updated 1BD/1BA units on a 6,000 SF lot zoned NR3, offering future redevelopment potential. Burkewood provides strong value-add opportunities via rent increases—current averages of $1,409 per unit could rise to proforma market levels of $1,550, elevating NOI from $86,662 to $110,933 and cap rate from 5.29% to 6.72%. The prime location, near Magnuson Park, the Burke-Gilman Trail, University of Washington, Seattle Children’s Hospital, and University Village, drives tenant appeal in a high-demand, supply-limited area with top schools and amenities.

5505 NE 65th Street, Seattle

Listing courtesy of Westlake Associates, Inc.. Selling Office: Skyline Properties, Inc..

$1,715,000
2447581 MLS ⋅ SOLD Status
8 Unit multifamily property situated in the heart of Kirkland’s rapidly growing Totem Lake neighborhood. All large studio units, with lofted sleeping areas and in-unit washer and dryers. Offers a compelling value-add opportunity. With light renovations and strategic repositioning, investors have the potential to increase NOI by approximately 30%, capitalizing on the strong rental demand and premium achievable rents in this submarket. Its prime location and unique unit layouts provide a strong foundation for both immediate income and long-term appreciation.

12607 NE 119th Street, Kirkland

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

$925,000
2446398 MLS ⋅ PENDING FEASIBILITY Status
$8,840 MONTHLY RENTS | PRICE REDUCED to a 6.78% Cap Rate | 3841 S Park Ave is a well-maintained, single-story 6-unit apartment building. Originally built in 1950 and fully renovated in 2020, the property features a low-maintenance brick façade, double-paned vinyl windows, metal entry doors, and a composition shingle roof replaced in 2020. The unit mix includes two two-bedroom/one-bath apartments and four one-bedroom/one-bath apartments, averaging 750 square feet and 550 square feet, respectively. All six units have been comprehensively renovated within the last five years with luxury vinyl plank flooring, white shaker cabinetry, new appliances, granite countertops, and LED lighting fixtures.

3841 S Park Avenue, Tacoma

Listing courtesy of Blake Investment Advisors.

$2,000,000
2444677 MLS ⋅ SOLD Status
Exceptional opportunity to acquire five individually deeded condominium units in an A+ location surrounded by multimillion-dollar homes. Each unit averages 731 sq. ft. and can be sold separately at a premium or held as a stabilized income property. The property underwent a down-to-the-studs remodel completed in 2007 and is being offered as a receivership sale. Features include ample parking, efficient layouts, and an ideal setup for an owner-operator or investor seeking flexibility and long-term upside. NOTE - PLEASE DO NOT SHOW UP TO THE PROPERTY WITHOUT CONFIRMING AN APPOINTMENT

2114 7th Avenue W, Seattle

Listing courtesy of Kidder Mathews. Selling Office: ZNonMember-Office-MLS.

$850,000
2442584 MLS ⋅ SOLD Status
Classic brick, single level 5-plex in prime North end Tacoma location. Investment opportunity! Well maintained property includes four 1 bedroom units and one studio unit. 4 of the 5 units are updated. 3 single car garages can be rented for additional income, coin-op laundry. New roof 2023. Convenient location in close proximity to bus line, grocery store, restaurants and downtown Tacoma amenities. Quick, easy freeway access. Photos in units are virtually staged.

319 N K Street, Tacoma

Listing courtesy of Windermere Abode. Selling Office: Redfin.

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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