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$2,400,000
2537323 MLS ACTIVE Status
We are pleased to present Twin Cedars Apartments, an 8-unit apartment built in 1968 in Seattle’s coveted Magnolia neighborhood, within steps of Discovery Park. The building offers 31BD averaging 732SF and 5 2BD averaging 967SF, with efficient floor plans. With 2BD units comprising 63% of the building, the unit mix is squarely aligned with the unit type that drives the strongest tenant demand and longest retention across Seattle’s rental market. _of the 8 units have been updated with stone countertops and LVP flooring, delivering a modernized interior foundation. Roof replaced and cedar siding resided in 2020 keep the exterior in sound condition, and a newly improved bike storage room adds a practical amenity that current ownership has not yet monetized. Parking income similarly remains uncaptured, giving a new owner immediate, low-effort revenue opportunities from day one. Twin Cedars operates with discipline already in place. RUBS and pet rent keep utility costs off the owner’s bottom line, and a stable, long-tenured tenant base reflects both the building’s quality and the neighborhood’s enduring appeal. With in-place rents close to market, the clearest path to income growth is the addition of in-unit laundry upon turnover. Comparable Magnolia buildings demonstrate rental premiums of 15% or more from this single upgrade, and combined with parking and bike storage activation, the income levers are identified, accessible, and ready for a new owner to execute.

3510 W Elmore Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$1,750,000
2537397 MLS ACTIVE Status
11BD/5BA Rooming House. This unique property consists of a 1910 construction 3,900 sq ft building with a mix of apartment units and rooms with shared spaces, well suited to the University/Ravenna rental market. Ravenna House is ideally positioned to meet the high demand for student housing with its proximity to the University of Washington campus, University Village, and convenient access to Sound Transit link light rail and bus lines for quick commutes to downtown Seattle. Legally a duplex, the building comprises of 11 bedrooms and 5 bathrooms. This property offers an excellent investor opportunity to acquire a property that is primed for future appreciation in one of the city’s best rental markets and has additional value potential through renovation.

5604 17th Avenue NE, Seattle

Listing courtesy of Westlake Associates, Inc..

$2,218,000
2535620 MLS ACTIVE Status
This well-maintained multifamily property in Seattle’s highly desirable Bryant neighborhood presents a rare opportunity to acquire 12 spacious, light-filled units, which have been thoughtfully renovated. The property's generous unit layouts and private residential feel contribute to strong tenant appeal and long-term occupancy in one of Northeast Seattle’s most sought-after submarkets. Ideally located just steps from the bus service and Light Rail and within minutes walk to University Village, Seattle Children’s Hospital, and the University of Washington. The property offers residents exceptional connectivity, convenience, and access to major employment and lifestyle amenities. Adding to its investment appeal, the property is zoned NC2P-55 (Neighborhood Commercial 2 with Pedestrian Overlay), allowing for mixed-use development with a 55-foot height limit. This zoning supports pedestrian-oriented commercial uses at the street level with residential units above, creating significant future redevelopment potential. Investors have the opportunity to benefit from strong in-place cash flow while positioning the asset for higher-density, transit-oriented development in a rapidly growing urban corridor.

2800 NE 55th Street, Seattle

Listing courtesy of Windermere Real Estate Co..

$1,269,999
2527080 MLS ACTIVE Status
Gorgeous Duplex in Mountlake Terrace! Nestled behind a large driveway lined with mature evergreens, this spacious duplex offers privacy, comfort, and incredible investment potential. Featuring two mirror-image units — Unit A and Unit B — this property includes a total of 6 bedrooms (3 per unit) and 6 bathrooms (2.5 per unit). Unit A has been thoughtfully updated with new flooring installed in 2025, brand-new upstairs carpet, and freshly painted walls, creating a clean and modern feel throughout. Unit B features LVP flooring in great condition, upstairs carpeting, and a kitchen enhanced with additional floor-to-ceiling cabinetry for extra storage and functionality. Enjoy outdoor living with Unit B’s fully private covered backyard porch complete with a hot tub, plus two storage sheds perfect for gardening tools and outdoor equipment. Unit B also includes a refrigerator, washer, dryer, stove, and dishwasher. Excellent opportunity for owner occupancy with Unit B available for living space while generating rental income from the tenant-occupied Unit A. This versatile property combines comfort, convenience, and strong income potential in a desirable Mountlake Terrace location. Unit B includeds HOT TUB on covered backyard porch, refigerator, washer, dryer, stove and dishwasher. Legal description: SECTION 27 TOWNSHIP 27 RANGE 04 QUARTER SW - N 82.5FT OF W 226FT OF S 165FT OF N 4 AC OF SW1/4 SW1/4 SW1/4 EXC W 30FT AKA PAR A OF CITY OF MLT BLA REC AFN 200205205001

22615 W 44th Ave, Mountlake Terrace

Listing courtesy of CENTURY 21 North Homes Realty.

$2,100,000
2535832 MLS ACTIVE Status
Exceptional investment opportunity featuring 12 rental units across 6 duplex buildings, offering immediate income with significant upside potential. Centrally located with convenient access to shopping, services, and major transportation routes, this property is well-positioned to attract and retain long-term tenants. Each duplex consists of one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, creating a desirable unit mix that appeals to a broad tenant base. Current rents are below market, presenting a compelling opportunity for a savvy investor to increase cash flow and improve overall returns. Several units have benefited from interior renovations, while portions of the exterior have been upgraded with new siding. Durable metal roofing, selective exterior improvements, and a straightforward design contribute to a relatively low-maintenance investment. An on-site laundry facility provides additional income potential for residents. Situated on a large parcel, the property appears to offer future development opportunities that could substantially increase income and overall value (buyer to verify all development potential and feasibility). Whether you're looking to expand an existing portfolio or acquire a value-add asset with multiple paths to increased returns, this property deserves serious consideration. Opportunities combining current income, rental upside, low-maintenance ownership, and potential future development are increasingly difficult to find.

11002 Idlewild Road SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

$875,000
2535257 MLS ACTIVE Status
Exceptional opportunity to own a 4-plex in a high-demand rental area. This proven income-producing property is an ideal addition to any investment portfolio or a great option for an owner-occupant seeking supplemental rental income. All four units are consistently occupied and thoughtfully designed with 2 bedrooms, 1 bathroom, and private decks for added outdoor living space. Durable vinyl siding offers low-maintenance ownership while maintaining attractive curb appeal. Conveniently located near schools, parks, employment centers, shopping, and everyday amenities, this property continues to attract long-term tenants. A rare chance to secure a stable, cash-flowing multi-family investment with strong long-term potential!

2340 Main Street, Ferndale

Listing courtesy of Terrafin.

$414,950
2534628 MLS ACTIVE Status
Great Investment Opportunity! This duplex in Centralia offers strong income potential and flexibility for investors or owner-occupants. Each unit features comfortable living spaces, functional kitchens, and spacious bedrooms. Kitchen updates provide added appeal, while the generous lot offers fenced yard space and off-street parking. Conveniently located near shopping, dining, schools, and everyday amenities with easy access to major commuter routes. Whether you're looking to expand your portfolio, or live in one unit while renting the other, this property presents a valuable opportunity in a growing market. Don't miss the chance to invest in Centralia real estate. | Updated Kitchens | Newer Roof | Updated Flooring |Quartz Countertops | 1800 SQFT | 4 Beds | 2 Baths |

509 W Cherry Street Unit #507, Centralia

Listing courtesy of Windermere Prof Partners.

$2,949,950
2535283 MLS ACTIVE Status
Turnkey multifamily investment opportunity in Port Angeles — 14 units across two tax parcels, 100% leased with zero vacancies, delivering immediate cash flow from day one. The 12-unit apartment building has had 8 of the units fully refreshed throughout, updated and move-in ready. A brand new roof was installed in 2024, protecting your investment from day one. A second parcel adds a single-family home and single-wide manufactured home, rounding out a diversified income portfolio. Several units are currently below market rent, offering strong upside potential through natural turnover — ideal for investors seeking a value-add play or 1031 exchange opportunity. The second parcel also carries potential for up to 7 additional units, subject to buyer verification with Clallam County, making this a compelling development opportunity in a supply-constrained market. Located in the heart of Port Angeles — gateway to Olympic National Park, minutes from the Strait of Juan de Fuca waterfront, downtown dining, and the Coho Ferry to Victoria, BC. Strong rental demand driven by tourism, healthcare, and a growing remote workforce makes this a high-visibility rental market with lasting fundamentals. Stabilized asset. Fully occupied. Renovation complete. Room to grow.

2938 E Walnut Street, Port Angeles

Listing courtesy of Ideal Real Estate.

$209,900
2535556 MLS ACTIVE Status
INVESTMENT OPPORTUNITY! Property features two homes on one lot. The front home offers 2 bedrooms and 1 bathroom with updated electrical and is currently rented for $650 per month, providing immediate income potential. The second home at 620 1/2, 1 bedroom 1 bath built in 1950's - it did experienced a fire in 2026 and is ready for a new owner to restore, renovate, or reimagine. Great opportunity for investors, contractors, or buyers looking to add value and build equity. Bring your vision and explore the possibilities! Convenient location close to schools, shopping, and downtown Wenatchee amenities. Residential Mixed Use District (RMU) zone promotes primarily residential development with some supportive, small-scale commercial uses while keeping a neighborhood feel. Uses: Chapter 10.20 Purpose: The residential mixed use land use classification is a district suited to residential activities from single-family to high-intensity multifamily configurations. Limited commercial activities are allowed at a scale and intensity that maintain the residential scale and character of the neighborhood while providing for a mix of supportive uses.

620 S Chelan Avenue, Wenatchee

Listing courtesy of RE/MAX Advantage.

$949,000
2535378 MLS ACTIVE Status
Completely updated in 2021. This 4-bedroom home lives like a 5 bedroom in a highly sought-after Puyallup neighborhood, featuring stunning Mt. Rainier views! The main level offers 3 bedrooms, a full bath, and a spacious open-concept kitchen with granite countertops, abundant cabinetry, and seamless flow into the large living and dining areas. Cozy up to the propane fireplace or enjoy entertaining in the bright, functional layout. Attached 1-car garage offers added convenience.The lower level has its own separate entrance and functions perfectly as an ADU or multi-generational living space. It includes 1 bedroom, a full bath, large kitchen area, spacious living room with propane fireplace, and an office that could serve as a second bedroom. Step outside and enjoy the full-length covered patio, perfect for year-round entertaining. Impressive 24' x 30' detached shop that is insulated and sheetrocked, complete with an 8-foot-deep storage area accessible from the outside of the shop. RV parking. Covered metal building to store all the toys and equipment. This versatile property offers endless possibilities for extended living, rental income, hobbies, or home-based business needs. Added development potential with a conceptual preliminary short plat already completed. 5 bedroom septic design and soil logs have been finished, and the county has provided preliminary approval for either a duplex lot or single-family building lot. Seller will pay buyers side of title and escrow.

11605 67th Avenue E, Puyallup

Listing courtesy of John L. Scott, Inc..

$820,000
2534220 MLS ACTIVE Status
The West Seattle Duplex is a two-unit property located at 3824 23rd Ave SW in the Delridge neighborhood. Delivered fully vacant at closing, it offers a highly flexible opportunity in the West Seattle multifamily market. Each unit features a 2-bedroom, 1.75-bath layout spanning 1,220 square feet, with private decks, in-unit laundry hookups, and single-car garages. The property is well suited for an owner-user, a light renovation value-add investor, or a hybrid strategy. A buyer can live in one unit and lease the other, or lease both after modest cosmetic upgrades to achieve strong market rents. Recent improvements include a new roof installed in 2021 and full copper plumbing. Interiors feature updated kitchens and bathrooms with stone countertops, along with LVP flooring in the upstairs unit. Conveniently located, the duplex offers quick access to Downtown Seattle via the West Seattle Bridge and is minutes from the West Seattle Junction and Alki Beach. It is also within walking distance of the future Delridge Light Rail Station, part of Sound Transit’s West Seattle Link Extension. Planned at SW Andover St and Delridge Way SW, construction is set to begin in 2027, with service expected in late 2032, supporting long-term rent growth and value appreciation.

3824 23rd Avenue SW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$2,000,000
2531319 MLS ACTIVE Status
Oak Harbor Terrace, a 14-unit multifamily investment opportunity located in Oak Harbor. The property offers investors an attractive combination of stable in-place cash flow and clear upside potential in a supply-constrained rental market supported by Naval Air Station Whidbey Island. Originally constructed in 1959, the property includes approximately 7,295 square feet of net rentable area across three buildings: a fourplex with a ground-floor commercial space, a nine-unit apartment building, and a single-family residence. The efficient unit layouts are well suited to local workforce housing demand. The asset provides meaningful opportunity to enhance income through rental rate growth, utility reimbursement optimization, and operational improvements.

33020 State Route 20 Unit #1-14, Oak Harbor

Listing courtesy of Windermere/Whidbey Mgmt Serv..

$1,250,000
2535067 MLS ACTIVE Status
Striking modern architecture single family home with a seperate attached apartment in the heart of Georgetown. This contemporary home features a dramatic floating staircase, expansive windows, an electric car charger, solar panels, and a thoughtfully designed multi-level layout that creates a strong sense of movement and separation between spaces. The main level offers a natural flow between the living and dining areas, anchored by a sleek dual-sided fireplace that adds warmth and definition. A light-filled kitchen with clean, modern finishes is well-positioned for both everyday living and entertaining. Upstairs, spacious bedrooms and a bonus room provide room to spread out, while the rooftop deck offers an ideal setting for relaxing or hosting with sweeping territorial views. A private courtyard adds rare and valuable outdoor space. A built-in ADU offers opportunities for rental income, guests, or extended living. Previously rented for $1300/month, this home is stunning and makes for a great investment. Located in one of Seattle’s most creative and evolving neighborhoods, you’re just minutes from acclaimed restaurants, breweries, and quick access to downtown. A rare opportunity to own a design-forward home with income potential in vibrant Georgetown.

6233 Carleton Avenue S, Seattle

Listing courtesy of The Agency Seattle.

$905,000
2531662 MLS ACTIVE Status
Price Improvement! Incredible value | Rental Duplex | Each unit features 3 bedrooms, 2.5 baths, and an attached 2-car garage | Phenomenal 6.03% CAP Rate. Fantastic opportunity to own a high-yield investment property in South Everett with opportunity for future rental upside. This well-maintained duplex offers stable rental income from long-term tenants in both units. Each unit features a highly desirable floor plan with a main-level primary suite, including a skylit ensuite bath, kitchen open to living and dining, and a skylit half-bath. The lower level includes two additional bedrooms, a full bath, a laundry closet, and direct access to the attached side-by-side 2-car garage. Low-maintenance and easy to manage, this property is ideally located near public transit, the public library, shopping, dining, schools, and other everyday amenities. Tenants are not aware of the sale. Please do not disturb tenants. Showings and inspection after mutual acceptance. Listing Broker is one of the Sellers.

9312 4th Avenue W Unit #A & B, Everett

Listing courtesy of WeLakeside.

$899,000
2534485 MLS ACTIVE Status
AMAZING Investment Opportunity in Lynnwood! Rare opportunity to own a turn-key tri-plex in Lynnwood. Strong portfolio starter, addition or opportunity to live in one unit while renting the others! Potential for improvement by increasing to market rents and adding coin-op. Featuring 4 BD / 2.5 BA upstairs and two 1 BD / 1 BA units downstairs with a shared garage, carport and ample room for tenant and guest parking. 2 fully fenced yards that are separate and an expansive deck connected to the top unit. Brand new exterior paint. Conveniently located and just minutes to I5, Shopping, Lakes, Trails, Restaurants, Schools and more! Just a block from the upcoming Ash Way Light Rail Station making for an easy commute either direction along with Very Favorable Zoning!

2118 160th Place SW, Lynnwood

Listing courtesy of COMPASS.

$1,499,500
2534680 MLS ACTIVE Status
Incredible value-add multifamily opportunity in Seattle’s highly sought-after Northgate neighborhood! This turn-key 6-unit building features a fantastic unit mix of four 2-bed/1-bath units and two 1-bed/1-bath units, situated back off a quiet residential dead-end street north of Green Lake. Multiple units have been beautifully and tastefully updated, including a recent comprehensive remodel of Unit 2. Every unit offers modern conveniences including in-unit washers/dryers, dishwashers, private decks, storage lockers, and dual-pane vinyl windows. 100% occupied with stable cash flow and rents still sitting below market potential. Features an attractive, low-maintenance exterior, 6 dedicated parking spaces (including 4 carport spots), and a fire sprinkler system. Unbeatable location within walking distance to the Northgate light rail/bus lines, shopping, dining, and easy I-5 access. Perfect for an investor looking for a high-performing asset in a premier rental market!

10732 Stone Avenue N Unit #1-6, Seattle

Listing courtesy of WPI Real Estate Services, Inc..

$575,000
2533002 MLS ACTIVE Status
Attention Investors! Secure an excellent, well-maintained two-story duplex in the highly desirable Manette neighborhood. This property features mirror floor plans, with each unit offering a spacious 2 bedroom, 1.5 bath layout across 1,152 square feet. Each unit is equipped with highly sought-after amenities, including decks off the primary bedrooms, convenient in-unit laundry, and additional dedicated storage within the single-car carports. Situated on a large, beautiful lot, the property provides valuable RV and ample uncovered parking. Its location guarantees strong tenant interest and a steady income stream, as it is positioned just minutes from the military base, local schools, shopping, and major amenities. This is a fantastic opportunity to secure a reliable, high-demand asset.

2533 Fir Avenue, Bremerton

Listing courtesy of Redfin.

$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.

$1,195,000
2534348 MLS PENDING - BACKUP OFFER REQUESTED Status
Excellent Investment Opportunity tucked away at the end of a quiet street, this exceptionally well-maintained 4-plex offers both cash flow and long-term value. All units have been tastefully remodeled within the last 5 years, including updated kitchens, bathrooms, and flooring. Each features 2 ample bedrooms, 1 full bath, comfortable living room, well-designed kitchen with dining area. Two separate buildings face each other, creating a charming, compound-style layout. Extra-large single-car garages between units add privacy and separation. Each unit enjoys its own unique outdoor space, with private patios surrounded by mature trees, creating a peaceful, welcoming environment. Rare opportunity to own a fully leased, low-maintenance asset.

1202 Nelson Street, Sedro Woolley

Listing courtesy of Congress Realty.

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