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$1,425,000
2503402 MLS ACTIVE Status
Well positioned in Seattle’s premier North Capitol Hill neighborhood at the corner of 15th Ave E and E Galer St, this fourplex offers an exceptional investment opportunity directly across from iconic Volunteer Park, renowned for its Olmsted-designed landscape. The property benefits from a highly walkable, transit-oriented location with convenient access to South Lake Union, Downtown Seattle, and the Eastside, making it especially attractive to tenants seeking both connectivity and neighborhood charm. The building features classic mid-century architecture and a preferable unit mix comprised of three one-bedroom units and one two-bedroom unit, appealing to a broad renter base. Residents enjoy desirable amenities including four off-street parking spaces, on-site laundry, dedicated storage, and updated dual-pane windows that enhance comfort and efficiency. In addition to its stable and profitable current operations and income upside, the property presents a compelling redevelopment opportunity. Situated on a 4,640 square foot LR3-zoned parcel, the site offers significant upside potential for future townhome development, allowing investors to capitalize on the area’s continued growth and demand. This is a unique opportunity to acquire a well-located, income-producing asset with immediate stability, income upside, and long-term development potential in one of Seattle’s desirable neighborhoods.

1505 E Galer Street Unit #1-4, Seattle

Listing courtesy of Kidder Mathews.

$1,400,000
2563665 MLS ACTIVE Status
For the first time in over 20 years, this Edmonds fourplex is on the market. Tucked behind the street at the end of a private easement driveway, the property offers a setting rarely found this close to 5 Corners while remaining walkable to nearby shops and restaurants. Four matching 2x1.5 units at ~976sf each, with in-unit washer/dryers. Newer roof with added insulation and ventilation completed in 2021, carport roof replaced in 2023, full exterior repaint along with refreshed decks, railings, and new stair carpeting in 2024. This value add opportunity comes without a heavy lift, with major capital improvements already in place and no known deferred maintenance. Average rent per unit is $1,733/mo against a market average of ~$2,323/mo. The current ownership pays all water, sewer, and garbage expenses without any tenant utility bill back in place, and 8 parking spaces (4 covered) plus guest parking offer additional income potential.

8134 212th Street SW, Edmonds

Listing courtesy of KW Greater Seattle.

$1,400,000
2549759 MLS ACTIVE Status
Beach access right across the street! This rare Birch Bay property comes with something even better — the seller is open to creative financing and would love to make a deal work for the right buyer. Terms as low as 3% may be possible. All the units have been beautifully updated with electric fireplaces in each to warm up on those cozy evenings after long days of beach and sun. You’ve got a spacious 2 bed / 2 bath that would make a perfect owner suite or strong rental, plus three 1 bed / 1 bath units and 1 studio. Terrill Creek runs along the back, and public beach access is literally steps away. Don't forget to ask about the possible 5th unit. Spend your days beachcombing, grabbing ice cream, or hiking the state park. Bring your catch back to the fish cleaning station, fire up the community BBQ, and enjoy it on one of the two patios. There’s plenty of parking, including RV hookups, plus fruit trees and shared laundry. This one truly offers endless possibilities — whether it’s your personal home, a VRBO, long-term rentals, or any mix of both. Flexible, creative financing makes it even sweeter AND YES VRBO IS ALLOWED

7456 Birch Bay Drive, Blaine

Listing courtesy of Windermere RE Whatcom, Inc..

$1,400,000
2530629 MLS ACTIVE Status
Rare corner lot development or renovation opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. Zoned LR2(M), this 3,600 SF corner parcel features an existing ~5,500 SF two-story structure that served as a neighborhood anchor for over four decades. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional site utility and flexibility. Newer multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation and strong momentum in this neighborhood. Ideally situated within walking distance of Swedish Hospital Cherry Hill, Seattle University, and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for the area. Buyer to verify all zoning, permitting, and development feasibility

601 21st Avenue, Seattle

Listing courtesy of Asay Realty.

$1,400,000
2493653 MLS ACTIVE Status
The Ballard Seven is a 7-unit apartment complex located just blocks from Ballard High School. The property unit mix consists of (1) Studio, (3) 1 bedroom/1bath and (3) 2 bedroom/1bath apartments. One 2 bedroom apartment is 1,100 sf and features a large rooftop terrace. The apartment interiors have been diligently maintained by the current ownership, which includes recent plumbing and electrical upgrades. This offering presents an investor with a cash-flow positive investment on day 1 with a simple value add path to an above market cash on cash return. The property has historically low vacancy and the current rents are within 10% of market rates which offers an attractive risk profile for an investor.

7329 15th Avenue NW, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,400,000
2489998 MLS ACTIVE Status
Originally built in 1968, the property has an excellent occupancy history having been fully remodeled throughout. All three units are large 2-bedroom, 1.75-bath units (approximately 1,030 SF each), giving new ownership the opportunity to acquire a stabilized asset with modern finishes in a strong rental location. Each unit is outfitted with new countertops, hardwood-style flooring, updated cabinetry, new fixtures, stainless steel appliances, and full-size washer/dryers. Residents enjoy private decks, storage options, and the convenience of four off-street parking spaces—amenities that help ensure strong tenant demand and long-term retention. With an attractive in-place CAP rate of 5.22% and no immediate renovation needs, the West Seattle Triplex offers investors durable cash flow from day one in a centrally located neighborhood with continued growth potential. Residents enjoy convenient access to major public transportation lines, providing connectivity to Downtown Seattle and surrounding employment centers. West Seattle’s continued popularity and walkability will continue to support strong tenant demand and long-term rent growth.

5954 Fauntleroy Way SW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,399,900
2518189 MLS ACTIVE Status
Don't miss the chance to use this incentive to make this great investment even better! Exceptional investment opportunity with this well-maintained 4-plex offering strong income potential and low owner expenses. Each of the four spacious units features 3 bedrooms and 1.75 bathrooms, designed to live like townhomes with only one shared wall for added privacy and comfort. Property highlights include a brand-new roof installed in 2025, attached one-car garages for every unit, and separate utility metering allowing tenants to cover their own utilities and keeping landlord costs minimal. Ownership is simplified with expenses limited primarily to insurance and property taxes. Ideally located near shopping, dining, schools, and major commuter routes, this property offers convenience tenants will appreciate and investors will value. A rare combination of size, functionality, and efficiency perfect for both seasoned and first-time investors.

4560 S Puget Sound Ave, Tacoma

Listing courtesy of Terrafin.

$1,395,000
2556067 MLS ACTIVE Status
1822 S King St is a Walkers Paradise with a walk score of 94, placing residents within easy reach of Downtown Seattle, major hospitals, neighborhood restaurants and shops, and convenient transit options. Constructed in 1988 and with a full-gut renovation in 2001, the building features modern systems, updated siding, and upgraded exterior stairs. Units fully renovated in 2019 with contemporary finishes, including updated kitchens and bathrooms, in-unit laundry, and 3 of four units with dishwashers. The property offers an attractive and efficient unit mix consisting of 3 one-bed units and 1 two-bed unit. The upper units each have 2 operable skylights and views of Downtown Seattle, the Olympics, and the Stadium. Each unit has its own private patio, providing desirable outdoor space rarely found in similar properties. Additional amenities include 4 off-street parking spaces. Notably, the property has demonstrated success as a short-term rental, with 1 of the one-bed units currently furnished and achieving stable income diversification. This presents a proven model for additional income generation across other units, while also offering flexibility for a future owner to pursue a mix of short-term and long-term rental strategies. With strong in-place operations, additional upside through the implementation of utility bill-backs, and a proven alternative short-term rental income strategy, the property offers investors both stability and future income growth potential.

1822 S King Street Unit #A-D, Seattle

Listing courtesy of Kidder Mathews.

$1,395,000
2553650 MLS ACTIVE Status
Perched above street level in highly desirable Beacon Hill location, this updated 4,220 sqft. 4-plex offers a blend of scale, flexibility, and rental upside. Property features 6Br/5Ba across 4 spacious units on a 5,040 sqft. LR2 lot, with 4 uncovered alley-access parking spaces. Enjoy exceptional transit access—just 5 blocks from the Beacon Hill light rail station and approx. 10 blocks from newly opened East Link at Judkins Park—with easy connections to I-5, I-90, downtown Seattle, Bellevue, schools, parks, and neighborhood amenities. Unit 1 (first floor) spans approx. 1,400 sqft. offers a 1Br/1Ba layout with living room, kitchen & dining area. Unit 2 (main floor) also approx. 1,400 sqft. with 2Br/2Ba, including a primary ensuite, and a recently updated kitchen featuring S/S appliances, granite counters, handsome cabinetry, and direct access to the gated backyard. Unit 3 occupies the front portion of the upper floor, approx. 600 sqft. with 1Br/1a, a kitchen with dining space, and a generous living area. Unit 4, located at the rear of upper floor, approx. 800 sqft. with 2Br/1Ba, ample living room and dining, and a bright kitchen opening to a private deck for extended living space. Notable features include good ceiling heights throughout, LVP & hardwood floorings, 2 water heaters, coin-op washer & dryer, and extra storage. A rare opportunity to own a well-located multifamily asset with strong livability, transit convenience, excellent bike and walk scores, and future potential.

2021 15th Avenue S, Seattle

Listing courtesy of John L. Scott Des Moines.

$1,395,000
2540292 MLS ACTIVE Status
Discover this rare, turnkey 3-unit gem in North Tacoma’s classic Old Town neighborhood, surrounded by $1M+ homes. The views of Commencement Bay & Vashon Isl from both front units are stunning. The property operates as short- & mid-term rentals (STR/MTR) & is fully furnished. Superhost status, strong positive online reviews & many repeat bookings. This property perfectly blends lifestyle luxury with strong income potential, making it ideal for STR/MTR investors. Alternatively, it's perfect for owner-occupants seeking a smart house-hack or multi-generational living setup. Live in one unit while generating income from the others. This location features a stacked duplex with mirrored 2bd/2.5ba units up front incl full w/d & each bedroom has a private bath suite. New $18k ductless mini-split heat/AC for Unit B in 2026. The 3rd unit is a studio under the garage off the alley. New composite deck in 2025. Located in a vibrant area near Ruston's waterfront, amenities, and attractions, yet tucked into an upscale enclave. This 3-unit property is a low-maint, high-reward opportunity in a market where quality multifamily with unobstructed views are scarce. The sellers have loved owning this gorgeous & stylish property. Their time to scale back is your golden opportunity to continue its operation or make it your own. Don’t miss this chance to own a beautiful, income-generating property in one of Tacoma’s best locations! Additional details & financials available to serious inquiries only.

2726 N 30th Street, Tacoma

Listing courtesy of Multifamily Properties.

$1,395,000
2541515 MLS ACTIVE Status
Great location!!! Rare opportunity to build NEW Townhomes/Condos. Multi-Family Zoned for Townhomes/Condos highest & best use with 40’ foot height restriction. Per City of Bellevue a possibility to build more than 2 units, buyer to do their own due diligence with the City of Bellevue. Existing duplex is occupied and tenants are MTM. Do NOT disturb tenants. Level property. Gas, electric, water & sewer already connected on property for 2 units in essence saving $$$$$ in connect fees. Stable soil. Property sits in Cul-De-Sac, quiet dead end street. Close to schools, Bellevue College, shopping, I-90, I-405, downtown Bellevue and light rail. Selling in “As Is” condition and seller will do no repairs.

910 142nd Avenue SE, Bellevue

Listing courtesy of Skyline Properties, Inc..

$1,377,500
2433334 MLS ACTIVE Status
Exceptional Investment Opportunity in South Seattle! Three neighboring homes on two separate parcels—available together for one owner. This rare setup offers flexibility to rent, sell, condominium-ize, or occupy individually. Each home has its own water and electrical meter and services. One home was newly—built in 2024, offering modern finishes and turnkey appeal. Other wo houses were remodeled in 2018. All furnishing are included so the new owner can continue with the on-going short/mid term rentals into the busy summer season. New owner can also live in one house and have the income from the other houses to cover a big part of the mortgages. If condominium is recorded at the County, new owner can immediately sell three houses separatel

10653 10655 22nd Place S, Seattle

Listing courtesy of 5 Corners Realty LLC.

$1,375,000
2542138 MLS ACTIVE Status
Rare opportunity to acquire a six-unit apartment building in Carnation. Seller financing offered with ~35% down and interest-only payments during the first year, allowing the new owner to maximize cash flow while renovating units, increasing rents, and stabilizing the property before principal payments begin. Situated on a 15,152 SF corner lot with R-24 zoning, the property offers future expansion or redevelopment potential (buyer to verify), adding long-term value beyond the existing improvements. Unit mix consists of (3) 2-bedroom and (3) 1-bedroom units. Long-term month-to-month tenants provide flexibility for future improvements and repositioning. Current rents are approximately 40% below projected market rents following renovations, creating exceptional value-add potential. Additional income is generated through the on-site common laundry, and current tenants reimburse the owner for utilities, helping offset operating expenses. Additional features include ample parking, a roof with substantial remaining useful life, and recently replaced upper decks. Ideally located in downtown Carnation, just minutes from Snoqualmie, with convenient access to SR 520, Microsoft, Redmond, and Bellevue. A compelling opportunity to acquire a value-add multifamily asset with flexible financing, strong upside, and long-term appreciation potential in one of King County's most supply-constrained rental markets.

31624 W Rutherford Street, Carnation

Listing courtesy of Real Broker LLC.

$1,375,000
2540936 MLS ACTIVE Status
Rare mixed-use investment opportunity offering the ideal blend of commercial visibility and residential income. This well-maintained property features a beautifully updated storefront with display windows, lobby, kitchen, and bathrooms - perfect for an owner-user or a variety of retail, office, or service businesses. Behind the commercial space are 4 units of varying sizes, including a spacious 3 bed/2 bath apartment ideal as an owner’s residence or premium rental. Interiors have been thoughtfully updated while maintaining character, creating attractive living spaces that tenants love. Amenities include on-site coin-operated laundry, basement storage, & off-street parking spaces. A corner lot with excellent street visibility create a lasting appeal for both commercial & residential tenants, helping support long-term occupancy. Strong income history with room for future upside makes this an outstanding addition to any portfolio, while the live/work potential offers flexibility that’s increasingly difficult to find. Located in Tacoma’s vibrant Three Bridges/North Tacoma neighborhood, you’ll enjoy a highly walkable setting surrounded by popular coffee shops, local restaurants, boutiques, salons, parks, and neighborhood services. Just minutes from the University of Puget Sound, Proctor District, 6th Avenue, Ruston Way waterfront, and major commuter routes, this location continues to attract both residential tenants and thriving local businesses.

2102 -2108 N Oakes Street, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$1,370,000
2530189 MLS ACTIVE Status
Investor opportunity meets peace of mind in this serene, centrally located Edmonds four-plex! Tucked away like a hidden gem, this property offers a tranquil setting with exceptional access to everyday conveniences. Featuring a versatile unit mix of one 3-bedroom, one 2-bedroom, and two 1-bedroom apartments, offering spacious living areas and attractive updates including newer cabinetry, quartz countertops, and stainless steel appliances.Perfect for investors or an owner-occupant seeking a live/rent (“house-hack”) lifestyle, this property is just minutes from transit, ferry access, parks, the waterfront, shopping, and restaurants.Major capital improvements provide added confidence and long-term value, including a new driveway and extensive French drain system installed approximately two years ago—a $70,000 investment designed to proactively manage drainage and protect the property. Additional moisture-control upgrades include two newer commercial-grade dehumidifier/air pump systems serving the lower units, a sump pump system installed in Unit 2, and thoughtful infrastructure improvements implemented to support long-term building performance. With ample parking, strong utility, and major systems already addressed, this property offers a compelling buy-and-hold investment or owner-occupied opportunity in one of Edmonds’ most desirable locations.

9010 236th Street SW, Edmonds

Listing courtesy of The Joseph Group.

$1,350,000
2566478 MLS ACTIVE Status
Exceptionally well maintained investment property featuring a 4 plex plus an additional one bedroom standalone loft apartment. above a spacious two-car garage/shop. Perfectly positioned to capture breathtaking 180-degree views of Lake Chelan and Wapato Point, this property offers an outstanding combination of location, quality and income potential. Every unit has been renovated within the past 4 years and is complimented by a newer roof and updated HVAC systems, providing peace of mind for years to come. Each fourplex apartment features its own fireplace, large covered deck with panoramic lake views and a dedicated 2 space carport,creating an attractive living environment for tenants. Located just minutes from downtown Manson, residents enjoy convenient access to restaurants, shopping, wineries, community parks, boat launches, and public swimming areas. Whether you're seeking a premium income -producing property or a long tern investment in the heart of the Lake Chelan Valley, this exceptional offering is a rare opportunity.

57 Katalpa Lane, Manson

Listing courtesy of Windermere RE/Lk Chelan Midtwn.

$1,350,000
2561658 MLS ACTIVE Status
Prime investment opportunity in the heart of Ballard! This spacious tri-plex offers an exceptional opportunity for investors or owner-occupants seeking strong rental income in one of Seattle's most sought-after neighborhoods. Each residence is full of character, featuring cozy fireplaces and thoughtfully designed floor plans. The two upper-level units offer spacious two-story layouts with two bedrooms, two bathrooms, private laundry rooms, oversized garages, and a primary ensuite with a dedicated den or home office on the lower level. The lower-level unit features two bedrooms, one bathroom, and its own in-unit laundry.Two of the three units have been recently remodeled with beautifully updated kitchens and bathrooms, enhancing both style and rental appeal. A partially fenced backyard provides additional outdoor space for residents to enjoy. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, this property offers outstanding flexibility and long-term potential in an unbeatable Ballard location. Please do not disturb the tenants.

816 NW 60th St, Seattle

Listing courtesy of Olympic View Realty.

$1,350,000
2543213 MLS ACTIVE Status
Investor / Developer Opportunity – Approved 7-Lot Short Plat in Growing Lacey Market! Rare development opportunity on 1.28 acres with an existing duplex and enhanced short plat approval in place. Approved civil plans are available through the city, allowing the next owner to move forward with water and sewer extensions, sidewalks, and street tree improvements. The approved project creates a total of 7 separate lots, including: Conversion of the existing duplex into 2 townhouse lots, 5 additional single-family residential lots, 7 total buildable lots Washington State's current housing regulations may allow up to 2 ADUs per lot (buyer to verify), creating the potential for 7 primary residences plus up to 14 ADUs for significant density and income potential. Conveniently located approximately 1.5 miles from I-5, with major retail amenities including Costco and Home Depot nearby. Situated in the rapidly growing city of Lacey, home to approximately 60,000 residents, this property offers an exceptional opportunity for builders, developers, and investors seeking a shovel-ready project in a high-demand market.

8623 Steilacoom Road SE, Lacey

Listing courtesy of eXp Realty.

$1,350,000
2532884 MLS ACTIVE Status
Rare Investment Opportunity on Queen Anne’s Desirable South Slope! Discover this architect-designed, multi-level triplex offering the perfect blend of historic charm, modern living & unbeatable location. Just steps from Seattle Center, restaurants, grocery stores, lush parks & many transit options, this property is a premium find for investors or owner-occupants. Unlike typical multi-family properties, this unique building avoids the "apartment feel." The main level [A] feels like a true standalone home, radiating the warmth of a 1900’s Craftsman with exquisite vintage details & a cozy, inviting atmosphere. Meanwhile, the townhome [109] added in 1986 features sleek, modern design spread across a dynamic two-level layout, where an oversized skylight floods the space with natural light, ensuring it feels bright & open. Above it all, the top level [B] has a charming, airy garret feel. Top-tier features include exceptional outdoor living, as every single unit enjoys its own private brick paved deck and a patio & fenced yard for the townhome unit. Rare urban parking for all units, including a common garage that provides parking for two units plus off-street parking for the third unit. Combined with the reliability of a highly desirable location & a track record of dependable, long-term tenants, this property is a standout. Whether you want to live in one unit and let the others pay your mortgage or add a high-performing asset to your portfolio, this Queen Anne find is a must-see!

111 W Kinnear Place, Seattle

Listing courtesy of Coldwell Banker Bain.

$1,350,000
2528658 MLS ACTIVE Status
Welcome to this seaside West Seattle tri-plex with views! Great investment opportunity in this street-to-street corner lot with Sound & Olympic Mountain views. The CUTE and well-maintained units include TWO: 2 bed/1bath units with fireplaces, attached garages plus off-street parking and ONE: studio unit. Each unit has dedicated outdoor patios or garden space, plus all units share the front lawn with views. Shared laundry room & basement storage. TWO units are clean & vacant ready to rent or are perfect for the savvy owner occupant. Land bank for future development potential with LR2 (M) zoning. Tenants will enjoy accessibility to waterfront parks, restaurants, shopping, Alki Beach, & transit.

3604 Beach Drive SW, Seattle

Listing courtesy of Windermere West Metro.

$1,350,000
2484319 MLS ACTIVE Status
Exceptional Investment Opportunity — Three Private, Custom Homes on .46 Acre in Central Marysville! Discover a rare, meticulously maintained compound built by a local custom builder. This architecturally designed duplex features two 'separate' homes with private entrances, attached garages, vaulted ceilings, white oak hardwood floors, slab counters, fireplaces, and custom interiors with updated finishes throughout. An air-gap between the two main residences ensures complete privacy and superior soundproofing. Each unit includes its own yard, garden space, covered deck, and dedicated garage. The property also includes a fully finished, heated 900 sq ft detached shop equipped with heat, a compressor, and hot water — an absolute dream for a workshop or small business. A private, fully finished one-bedroom apartment with a covered two-car carport provides a third rentable unit (currently occupied by a professional month-to-month tenant happy to continue, or move on). Additional features: generator hookup, sprinkler system, heated greenhouse, partial mountain views, landscaped grounds, paved cul-de-sac location with minimal traffic, and easy access to shopping, services, and I-5. Immaculate condition inside and out — a one-of-a-kind investment or multi-generational home. Welcome home.

5005 109th Street NE Unit #A,B,C, Marysville

Listing courtesy of Windermere Real Estate/CIR.

$1,350,000
2482102 MLS ACTIVE Status
Grand Craftsman duplex in the heart of Capitol Hill offering exceptional flexibility: an expansive primary residence paired with an income-producing second unit. The primary residence spans three stories with six bedrooms and downtown views, providing substantial scale and livability for an owner-occupant or long-term tenant. The second unit is a separate, fully equipped studio, offering privacy and in-place income. Fix and flip, buy and hold as a full rental investment, live in one unit as an owner-occupant with supplemental rental income, or occupy the entire property to create space for guests or intergenerational living. The primary residence is currently tenant-occupied on a month-to-month basis, creating near-term flexibility for a qualified buyer. Extensive unfinished basement square footage presents an opportunity to expand rentable area or enhance owner use, subject to the buyer’s plans. Situated on a 4,311 SF corner lot with alley access and off-street parking for two vehicles, the property is zoned LR3 and includes near shovel-ready plans by Hybrid Architecture for four townhomes with MILs and one single-family residence with an ADU, providing a clear redevelopment alternative for a developer. Property tours are available to qualified buyers by appointment, with interior access coordinated to respect existing tenancy. A high-caliber Capitol Hill property for buyers seeking immediate livability, stable income, and long-term flexibility.

702 11th Avenue E, Seattle

Listing courtesy of Urban Living.

$1,350,000
2477475 MLS ACTIVE Status
Turnkey downtown Leavenworth Bed & Breakfast grossing ~$200k annually with proven, verifiable income. Operated as three independent booking units: main level commercial lounge space with attached private owner or guest suite and half bath, upper level features three spacious lock off bedrooms, each with full en suite bathroom and shared kitchen, living and deck areas, lower level is a fully separate one bedroom apartment with private entrance, full kitchen and living room. Prime Front Street location steps from shops, restaurants and festivals. Completely furnished turnkey sale includes all furniture, décor, linens and established bookings. Ideal live in owner opportunity. Full financials with NDA. Rare high cash flow opportunity!

1112 Commercial Street, Leavenworth

Listing courtesy of Kelly Right RE of Seattle LLC.

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