Refine Search
Sort by
$1,150,000
2547331 MLS ACTIVE Status
Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more depending on what extent of upgrades are performed on the two unrenovated units.

2519 Baker Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$1,150,000
2536626 MLS ACTIVE Status
Rare generational investment opportunity in the heart of the highly sought-after Edmonds Bowl! This grandfathered triplex has been lovingly held for years and is a truly uncommon offering in one of the area's most desirable coastal communities. Multi-family properties of this caliber rarely come to market. This well-maintained property is in great condition and features updated countertops in all three units. The unit mix includes one 1-bedroom+ office/1-bath unit and two 1Bed/1Bath Unit three 2-bedroom/1-bath, providing strong rental appeal and excellent income potential. Live in one unit and rent the other two, or maximize cash flow by leasing all three units. With a strong rental history and low vacancy risk, this triplex represents a premium investment opportunity in a high-demand market. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking supplemental income. Seller will consider owner financing for qualified buyers. Ideally located within walking distance of downtown Edmonds, the waterfront, ferry terminal, beaches, restaurants, boutiques, and the popular Farmers Market. Convenient access to Highway 99, I-5, and near Boeing.

1254 8th Avenue S, Edmonds

Listing courtesy of HomeSmart One Realty.

$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.

$1,149,999
2533606 MLS ACTIVE Status
A meticulously maintained four-plex offering a turnkey investment with room to grow. Each of the four units spans 980 square feet with two bedrooms and two bathrooms, and the layout opens the door to a range of uses, including owner occupancy. Two units are currently rented and two are vacant, giving you immediate income and flexibility from day one. Residents enjoy a large driveway, covered parking, and abundant storage throughout. The building has been recently repainted inside and out. Each unit features new carpet and fresh paint, a large deck with its own storage space, and a private washer and dryer that have both been recently updated. Take in views of the surrounding mountains, with easy access to town for shopping and dining. This is a rare turnkey opportunity in a well-kept property that is ready for its next owner.

1523 Sunset Place, Mount Vernon

Listing courtesy of John L. Scott Snohomish.

$1,149,000
2532062 MLS ACTIVE Status
Ask about seller-paid 2% rate buydown potentially providing 5% interest Located in one of Seattle's most sought-after neighborhoods, this charming Eastlake property presents a rare opportunity for both investors and owner-occupants. Perfectly positioned just minutes from Lake Union, downtown Seattle, South Lake Union, and Capitol Hill, the property benefits from Eastlake's unbeatable walkability, vibrant restaurant scene, coffee shops, waterfront access, and convenient transit connections. The property has a long history of strong occupancy and consistently attracts high-quality tenants thanks to its highly desirable location and neighborhood appeal. Eastlake remains one of Seattle's most resilient rental markets, known for low vacancy and strong rental demand driven by nearby tech and medical employment centers. Currently configured as a legal triplex, the property offers flexible income-producing potential with the opportunity for owner-occupancy while offsetting expenses through rental income. The property also includes additional shared storage and laundry space, along with valuable future upside through its LR2(M) zoning and development potential. Whether you are looking for a stable investment property, a future development opportunity, or a home in one of Seattle's most amenity-rich neighborhoods, this Eastlake property offers exceptional long-term value in a premier location.

267 E Newton Street, Seattle

Listing courtesy of Pacific Crest.

$1,100,000
2560520 MLS ACTIVE Status
Unmatched flexibility and prime growth potential converge at this rare corner-lot opportunity in one of Seattle’s most rapidly expanding neighborhoods. Developers, don't miss out on the only available lot in this rapid growth area. Currently featuring a fully functioning, cash-flowing duplex set on a sprawling, level yard, this property allows you to buy and hold for immediate rental income while holding a prized canvas for high-density future development. Zoned **MIO-37-LR3 (M)**—combining highly permissive Lowrise 3 capacity with a 37-foot Major Institution Overlay height limit and MHA framework—the lot provides exceptional structural envelope advantages and flexible layout options. Take full advantage of Seattle’s progressive urban planning codes and streamlined middle-housing provisions to construct townhomes, rowhouses, or a modern multi-unit residential project in a high-demand, transit-rich corridor. Rent lower unit $2,600 Rent forecast upper unit $3,500 Also We did the math for you using Ai below: Target Unit Yield: On a 3,000 sq ft parcel in LR3, developers typically yield 3 townhomes (approx. 1,800–2,000 sq ft each) or 6 to 8 micro-apartments/flats, depending on core efficiency and circulation space. MIO-37 Structural Fit: The 37-foot Major Institution Overlay height limit easily accommodates a clean 3-story frame (approx. 10–11 ft floor-to-floor) with room for flat roof decks or parapets

3115 Queen Anne Avenue N, Seattle

Listing courtesy of Real Broker LLC.

$1,100,000
2553384 MLS ACTIVE Status
Exceptional opportunity for owner-occupants and investors alike. This beautifully remodeled duplex features two townhouse-style residences, offering flexibility for today's buyer and long-term upside for the future. Live in the spacious front 2-bedroom home while rental income from the rear unit helps offset your mortgage, or lease both units for cash flow while holding for future development. Potential short-plat opportunity may allow the property to be sold as two separate townhomes (buyer to verify). The front residence offers 2 bedrooms, 1 bath, a private deck, and a fully fenced yard. The rear residence features 1 bedroom, 1 bath, mini-split air conditioning, plus a private deck and fenced yard. Both homes include in-unit washer and dryer, creating turnkey convenience for owners and tenants alike. Three off-street parking spaces are accessed from the alley, while the lush, landscaped grounds provide a peaceful and private setting. Located just blocks from the heart of Capitol Hill, you'll enjoy easy access to acclaimed restaurants, cafés, Trader Joe's, Central Co-op, neighborhood parks, Light Rail, and multiple transit options. A rare combination of lifestyle, income potential, and future value in one of Seattle's most sought-after neighborhoods.

1124 14th Avenue, Seattle

Listing courtesy of Windermere RE/Capitol Hill,Inc.

$1,100,000
2545347 MLS ACTIVE Status
We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth.It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, LVP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.

3838 D Place SE, Auburn

Listing courtesy of Northmarq Multifamily, LLC.

$1,100,000
2538358 MLS ACTIVE Status
Well-maintained four-plex situated on a single tax lot at 3007 & 3009 E 33rd St and 3213 & 3215 Drummond Ave in Vancouver. Each of the four units offers approximately 780 square feet of living space and features a comfortable living room, two bedrooms, one full bathroom, and a kitchen with an eating area. Kitchens are equipped with an electric range, range hood, and refrigerator. Each unit also includes a dedicated laundry closet with washer and dryer hookups for added convenience. The property has benefited from updates throughout all units, including refreshed kitchens and updated flooring. Interior flooring materials include laminate hardwood, laminate, vinyl, and carpet, providing a combination of durability and comfort. Utilities are powered by electricity, including the hot water heaters, and baseboard heating serves each unit. Positioned on a corner lot, this income-producing property offers the advantages of a single tax lot while providing four separate residential units. Exterior improvements include a roof with 30-year composition shingles and gutters installed around 2017. The property is connected to public water and sewer services. This versatile multi-family investment presents an opportunity for stable rental income with functional floor plans, desirable two-bedroom layouts, and convenient access to local amenities, schools, shopping, and transportation throughout central Vancouver. Mortgage savings may be available for buyers of this listing.

3007 E 33rd Street, Vancouver

Listing courtesy of Redfin.

$1,100,000
2527549 MLS ACTIVE Status
Excellent investment opportunity in a convenient Everett location! This well-maintained duplex at 11707 Center Rd offers strong upside potential with both units fully occupied by long-term tenants on month-to-month leases. Current rents are below market, providing an immediate opportunity for increased cash flow and future value growth. Each spacious unit features 3 bedrooms, 2 bathrooms, and an attached 2-car garage, making them highly desirable for tenants seeking comfort and functionality. The property is designed for low maintenance ownership, ideal for both seasoned investors and owner-investors looking to expand their portfolio. Situated in a desirable location with easy access to shopping, dining, schools, and major commuter routes, this duplex combines stable rental history with future income potential. Discreet viewing only. Please do not disturb tenants. Tenants are unaware the property is being offered for sale. Don’t miss this rare chance to own a solid income-producing property with built-in rental growth potential.

11707 Center Road, Everett

Listing courtesy of Horizon Real Estate.

$1,100,000
2480941 MLS ACTIVE Status
Exceptional investment and future development opportunity in Elma. Two duplexes (4 total rental units) situated across three adjoining parcels totaling 8.99 acres with GR – General Residential zoning.Current NOI of $40,281 with rents slightly below market, offering immediate upside through rent adjustments. Property is served by City water with septic systems in place; sewer connections are nearby (buyer to verify availability and capacity). No floodplain issues reported.Ample frontage on Garden Hill Rd provides strong access and potential layout flexibility for future development. Adjoining parcels include areas of commercial-grade alder timber, adding additional value components.Rare opportunity to acquire nearly 9 acres with in-place income — ideal for investors seeking land banking with cash flow or developers exploring subdivision potential. Shown by appointment only. Do not disturb tenants.

102 Garden Hill Road W, Elma

Listing courtesy of Riley Jackson Real Estate Inc..

$1,099,995
2559003 MLS ACTIVE Status
Exceptional investment opportunity in the heart of Marysville! This well-maintained 4-plex offers a strong 5.8% cap rate with stable cash flow and long-term upside. Annual gross rental income is $82,680, making it an ideal addition to any investment portfolio or 1031 exchange.Two units have been extensively renovated within the past two years with modern finishes, while the remaining two units are occupied by approximately 6-year tenants who have taken exceptional care of their homes, providing dependable income and low turnover. The property has been well maintained and offers investors an excellent balance of immediate returns and future value-add potential as units naturally transition over time.Conveniently located near shopping, restaurants, schools, parks, I-5, Highway 9, and major employers, this property continues to attract quality tenants in one of Snohomish County's strongest rental markets.Whether you're a seasoned investor or purchasing your first multifamily property, this is a rare opportunity to acquire a clean, professionally maintained fourplex with solid financials, stable occupancy, and room for future growth. Pre Inspection Available. Just ask the Listing Agent

1309 Wildwood Street Unit #A/B/CD, Marysville

Listing courtesy of HomeSmart Real Estate Assoc.

$1,099,990
2517689 MLS ACTIVE Status
Prime mixed-use investment opportunity in the heart of Blaine, WA. This 3,000 sq ft income-producing commercial building offers a strong blend of residential and retail revenue streams in a high-demand, walkable location. Featuring multiple fully leased units, this property provides immediate cash flow with upside potential. The upper level includes two remodeled residential units, each approximately 750 sq ft with 2 bedrooms and 1 full bath, showcasing modern upgrades such as custom cabinetry, luxury vinyl plank flooring, tile finishes, updated appliances, new windows, and doors. The main level offers flexible commercial space with established retail presence, three office suites, and an additional residential unit, creating diversified income sources. Recent capital improvements include new cement board siding, a new roof, and composite exterior stairs, enhancing long-term durability and reducing future maintenance costs. Ample parking is available via alley access and street frontage. Strategically located near downtown Blaine, I-5, and the US/Canada border, this property benefits from consistent local traffic and cross-border economic activity. Ideal for investors seeking a stabilized asset with mixed-use zoning, strong rental history, and long-term appreciation potential.

357 Martin Street, Blaine

Listing courtesy of Windermere RE Whatcom, Inc..

$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.

$1,099,000
2517607 MLS ACTIVE Status
Turnkey Cash-Flowing Triplex. Mostly new 4Br2/Ba primary unit $7,700 monthly investor income or Owner-Occupied Ready! This rare triplex has strong rental income, premium finishes, and almost zero maintenance. Unit A & Unit B – Spacious 2-bedroom, 1-bath units with private balconies, each with 2 dedicated external parking stalls. Currently leased at $2,295/month each (total $4,590). Unit C – new+remodeled 4-Bedroom, 2-bath unit renting for $3,110/month. Features two hot water tanks, two washer/dryer hookups, its own internal parking spot, and a massive private internal storage unit. Total Gross Monthly Income: $7,700 – All units currently occupied and paying on time. Recent Upgrades Throughout the Entire Building: Full building professionally painted just 5 months ago. All-new windows installed within the last 20 months Roof only 3 years old + brand-new spray foam roof insulation State-of-the-art full 360° security system Epoxied garage floor with brand-new garage door opener. All appliances less than 3 years old Parking & Storage: Total of 8 parking stalls (7 external + 1 internal garage/generous private storage for Unit C). Modern, secure, fully leased, and nearly maintenance-free, cash flow immediately.

105 E 96th Street, Tacoma

Listing courtesy of Skyline Properties, Inc..

$1,099,000
2449566 MLS ACTIVE Status
Prime investment opportunity in Bellingham! This well-maintained fourplex offers strong income potential and future development options on the back portion of the lot. The property features three spacious 2BD/1BA units and one 1BD/1BA unit, plus an on-site coin-op laundry for added income. Located in a central area close to shopping, restaurants, parks, and freeway access, it’s ideal for investors seeking steady returns and long-term upside. Current rents are below market, creating immediate value-add potential with rent adjustments or upgrades. Whether you’re entering the investment market or expanding your portfolio, this property offers solid cash flow today and room to grow tomorrow. Buyer to verify development potential.

2312 Orleans Street, Bellingham

Listing courtesy of Keller Williams Western Realty.

$1,095,000
2542462 MLS ACTIVE Status
The Mansion District Fourplex is a charming 4-unit multifamily property nestled in the heart of Seattle’s desirable North Capitol Hill neighborhood next to Volunteer Park. Two units are nonconforming units, but can be permitted with SDIC as a value-add opportunity (buyer to verify). This historic gem, built in 1905, blends timeless appeal with modern potential, offering investors a rare chance to capitalize on one of the city’s most desirable areas. Whether you’re looking to boost rental income through market-rate adjustments, legalize the two lower non-conforming units for added value, owner-occupy a unit while generating passive revenue, or redevelop the site into higher-density housing, this fourplex is poised for substantial returns in a market where demand continues to outpace supply.

910 E Prospect Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,092,500
2543891 MLS ACTIVE Status
Classic craftsman triplex rich with all of the charming details you dream of - original woodwork, built-ins, oversized windows & high-ceilings. Set in a 10/10 location with a park as your backyard, Ballard's brewery district & endless other options for fun & dining right out your doorstep, & easy access to public transportation & the Gilman Trail. The primary home is a duplex plus a detached cottage & garage. Washer/dryer in all 3 units & potential to develop the attic into a 4th unit (buyer to verify). One of the few remaining original properties in the area that has not been redeveloped. Fully occupied with consistent long-term tenants, & seldom vacancies are always filled immediately. Inspection report and sewer scope available upon request. Long-standing tenants with two leases expiring summer 2026 & one in Jan 2027. Each tenant pays the following monthly utility fee in addition to rent: Unit 908 - $160/mo, Unit 910 - $115/mo, Unit 908 1/2 - $90/mo.

910 NW 52nd Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,080,000
2546650 MLS ACTIVE Status
Rare brick fourplex featuring private fenced backyards for each unit—an exceptional amenity that's hard to find. This well-maintained investment property offers a strong 5.39% cap rate based on actual rental income and generates approximately $79,800 in current gross annual rent. Extensive updates include remodeled kitchens, upgraded plumbing and electrical systems, new flooring, fresh paint, improved landscaping, updated windows, and a new roof. The property is further enhanced by convenient on-site laundry facilities and benefits from stable, long-term tenants, supporting consistent cash flow. Durable materials and low-maintenance features help minimize operating costs. Each unit provides comfortable, highly marketable living space in a desirable location close to libraries, shopping, restaurants, cafes, bars, parks, and freeway access. With a Walk Score of 80, residents enjoy convenient access to a wide variety of neighborhood amenities.

158 S 152nd Street, Burien

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,075,000
2500006 MLS ACTIVE Status
Exceptional duplex investment opportunity in the heart of Lynnwood offering two expansive remodeled residences—each featuring 3 bedrooms, 2.5 baths and 1,628 SF of thoughtfully designed living. Each unit lives like a standalone home with spacious open-concept layouts, generous living and dining areas, well-appointed kitchens with abundant cabinetry and seamless indoor-outdoor flow. Upstairs level boasts private bedroom retreats including a spacious primary suite with ensuite bath and additional bedrooms offering flexibility for guests, home office or extended living. Both have 2 car garages and 2 driveway parking spaces. Ideal for owner-occupants or investors seeking strong rental potential, this property delivers modern layouts, generous living areas and functional floor plans. Just minutes to Alderwood Mall, a premier shopping, dining, and entertainment destination, and conveniently located near the Lynnwood Transit Center with expanding light rail access, enhancing long-term appreciation and tenant demand. Easy access to I-5 and I-405 with quick connectivity to major employment hubs including Boeing—as well as Seattle, Bellevue, and the Eastside tech corridor. Lynnwood continues to attract growth with a strong employment base and Edmonds College nearby, supporting consistent rental demand. A rare opportunity to secure a high-performing asset in a rapidly growing corridor—live in one unit and rent the other or maximize cash flow in a location poised for continued expansion!

14926 40th Avenue W Unit #2, Lynnwood

Listing courtesy of Lions Realty Group.

$1,070,000
2542836 MLS ACTIVE Status
Price Improvement at a 6 cap! Exceptional multifamily investment opportunity located at 1006 - 1010 on desirable Pioneer Avenue, this meticulously maintained triplex offers three spacious 2-bedroom, 1-bath units, each with its own attached one-car garage and additional on-site parking. The property has been thoughtfully updated and features well-appointed interiors that appeal to today's renters. Unit 1010 is equipped with an energy-efficient heat pump providing both heating and air conditioning, while the remaining units feature forced-air natural gas heat. A durable metal roof and consistent upkeep throughout reflect true pride of ownership and help minimize maintenance concerns. Tenants enjoy convenient access to Downtown Puyallup's shops, restaurants, parks, schools, and commuter routes, making this a highly desirable rental location. Whether you're looking to add a stable income-producing asset to your portfolio or seeking a quality investment in a strong rental market, this property offers an attractive combination of cash flow potential, excellent condition, and long-term value. Rarely does a turnkey triplex of this caliber become available in such a prime Puyallup location.

1010 W Pioneer, Puyallup

Listing courtesy of Cascade Properties & Invest..

$1,050,000
2522285 MLS ACTIVE Status
Streamlined investment in ideal Renton Highlands location! 4 updated and rented units have LVP flooring, sparkling kitchens, and natural light throughout. Minutes away from Renton Landing, Boeing, local parks, Lake Washington, libraries, schools, shopping, and more. Well cared for, remodeled property as of 2022. New roof, gutters, Hardie Plank siding and windows. Easy landscaping makes maintenance a breeze. 2 2bd/1bth, 2 1bd/1 bth. 11 total parking spaces + street parking! Income producing w/ stable tenancy. New construction all around lends to the up-and-coming feel of the neighborhood. Easily take over and start your investment journey or add this incredible asset to your portfolio. 7/10 walkability neighborhood 9/10 silent zone, 0% vacancy in the last 8 years!

838 Harrington Avenue NE, Renton

Listing courtesy of Best Choice Realty LLC.

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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.