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$699,000
2529709 MLS ACTIVE Status
Incredible Investment Opportunity in Lowell! Private & versatile duplex with massive garages tucked away in a private, serene setting within Everett’s desirable Lowell neighborhood, this accommodating duplex offers an exceptional opportunity for savvy investors! Rent both or live in one and rent the other. Each spacious 2-bed, 1-bath unit features a comfortable layout, a welcoming living room, and a primary bedroom with a large closet and the ultimate highlight- an enormous, finished 806 sq ft 2-car tandem garage with abundant storage! Comfort is guaranteed year-round with separate gas forced-air furnaces (Unit A updated in 2022) complemented by efficient ductless mini-split systems (3 heads per unit: one in each bedroom and the living room). The property boasts low-maintenance Hardiplank siding, durable composite decking with aluminum railings, retractable awnings, and a fully fenced side yard with dedicated garden beds on the north side. Inside, Unit B shines with updated modern vinyl flooring, granite countertops, built-in cabinetry, stainless steel appliances and new two panel solid wood doors. Unit A features solid wood doors, and a beautifully remodeled full bath featuring a single vanity and dedicated laundry. Separate gas and electrical meters, individual strapped hot water tanks, and a highly accessible location make this Lowell duplex a rare find!

2320 Ravenna Street, Everett

Listing courtesy of Redfin.

$3,350,000
2529866 MLS ACTIVE Status
We are pleased to present Franklin 8 in Seattle’s Eastlake neighborhood! Built in 1967, the 8-unit asset comprises ~7,458 SF and features 8 spacious 2BD, 1BTH units. Each features a private patio or balcony and the large 930 SF floorplans include dedicated dining spaces, large closets, and pantry storage. The top floors units feature Clerestory height ceilings and windows in the living space. 2 units have been fully remodeled and equipped with in-unit laundry, providing the template to realize additional upside in completing renovations on the remaining 6 units. Significant capital improvements have been completed in 2023, including a reseal roof, replaced cedar siding, updated fencing, and improved landscaping. The building also features double paned windows throughout. In addition to its steady in-place performance and renovation upside, the asset presents investors with a unique opportunity to further increase density through the redevelopment of the rear parking lot which should support a 4-story building addition programed either as townhomes or eight potential new apartments (Buyer to verify). Positioned in one of Seattle’s most supply constrained and high-demand rental submarkets, the property supports the execution of multiple strategies for significant value add and upside building on a base of consistent and durable cashflow.

2362 Franklin Avenue E, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$849,950
2528928 MLS ACTIVE Status
Rare opportunity to own a newer duplex featuring 3 large bedrooms plus a bonus room, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

3120 Ponderosa Street NE, Lacey

Listing courtesy of Blue Summit Realty LLC.

$4,000,000
2527028 MLS ACTIVE Status
The property consists of 19 one-bedroom / one-bathroom units, one one-bedroom + office / one-bathroom, and one three-bedroom / two-bathroom unit, totaling 14,975 rentable square feet across three stories of wood-frame construction. The property has been meticulously maintained during the current ownership and this is the first time the property has been marketed in 33 years. Current rents average below market across the portfolio, with one-bedroom units running approximately 6% below comparable market rents and the three-bedroom unit carrying meaningful additional upside. An investor operating the building at market rents and fully charging for parking and storage will bring the proforma cap rate to 7.0% with minimal capital needed. The building has been meticulously maintained throughout the current ownership. In 2016, elastomeric waterproof paint was applied to the rockcrete siding, the roof was replaced in 2019 along with the main water supply line, and in 2023/2024 the main sewer drain line and underground cast iron plumbing was replaced. Interbay 21 Apartments offers convenient access to major public transportation routes while being in close proximity to the employment centers, dining, retail, and neighborhood amenities of Queen Anne, Ballard, Interbay, and Magnolia. The building’s location on a quiet residential street provides a strong lifestyle appeal for its tenants and will be highly desirable for future tenants as well.

2820 15th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$849,950
2528936 MLS ACTIVE Status
Rare opportunity to own a newer duplex featuring 4 large bedrooms, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

3112 Ponderosa Street NE, Lacey

Listing courtesy of Blue Summit Realty LLC.

$590,000
2529777 MLS ACTIVE Status
This Central District charmer was once used as part of Lowell Elementary and now this historical home can be yours! Walk to UPS and 6th Ave while enjoying a beautiful neighborhood. This duplex's roof was replaced 5 years ago and recently updated 3 bedroom upstairs unit with new skylights, flooring, and appliances replaced in the past five years. The ground floor offers a large and spacious living room and spacious bedrooms. There is plenty of parking as well with an oversized 2 car garage and driveway. With great long term potential, this fully fenced corner unit home can be a great portfolio hold for years or a great place to live for an owner occupier. New furnace installed upstairs 08/26.

3322 3324 S 10th Street, Tacoma

Listing courtesy of Coldwell Banker Danforth.

$2,500,000
2528093 MLS ACTIVE Status
Located along a quiet residential street between the vibrant 15th Avenue and 19th Avenue commercial corridors, Mod 19 offers residents immediate access to Capitol Hill’s restaurants, coffee shops, boutiques, grocery stores, and neighborhood amenities. Broadway, the Pike/Pine Corridor, Volunteer Park, and the Capitol Hill Light Rail Station are all within close walking distance, providing convenient access to Downtown Seattle, South Lake Union, the University District, and SeaTac Airport. Situated on a 4,000 square foot LR3-zoned lot, the property consists of eight thoughtfully designed units including four studios averaging approx. 255 SF, three 2BR/1BA units averaging approx. 620 SF, and a two-story penthouse 2BR/2BA unit totaling approx. 923 SF with expansive city, lake, and mountain views from the living room and private rooftop deck. The property features modern finishes throughout including granite countertops, stainless steel appliances, in-unit laundry, tile bathrooms, vinyl plank flooring, and large dual-pane vinyl windows. Additional features include hydronic radiant floor heating, individual hot water tanks, and modern electrical, plumbing, roofing, siding, and window systems consistent with newer construction standards. With modern design, durable construction, and an irreplaceable Capitol Hill location, Mod 19 Apartments offers investors a compelling combination of strong tenant demand, operational efficiency, and long-term appreciation potential.

1814 E Denny Way, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,775,000
2525348 MLS ACTIVE Status
$126K PER UNIT & 6.44% CAP RATE | Gen Villas is a cash-flowing value-add 14-unit apartment community situated on 2.62 acres in a serene creek-side setting surrounded by lush greenery in Lakewood, located less than 2 miles from Joint Base Lewis-McChord, Pierce County’s largest employer. The property consists of 14 units across two separate buildings: a 6-unit building located at the front of the property, originally constructed in 1972, and an 8-unit building situated at the rear of the property, built in 1955. The unit mix includes one 4-bedroom / 3-bathroom unit, one 3-bedroom / 1-bathroom unit, three 2-bedroom / 1-bathroom units, and nine 1-bedroom / 1-bathroom apartments. Seven units at the property have been updated to a similar finish level as photographed in Unit 5, featuring luxury vinyl plank flooring, fresh interior paint, and newer kitchen appliances and cabinetry. The opportunity exists for new ownership to complete cosmetic renovations to the remaining 7 units and increase rents approximately 17% to market. A Additionally, Units 1, 2, and 4 include in-unit washer and dryer stacks, while the remaining units benefit from access to an on-site community laundry facility. Residents benefit from an ample supply of off-street parking, including 6 carports and 3 surface parking stalls serving the front building, as well as an additional 16 surface parking stalls designated for the rear building.

12413 Bridgeport Way SW, Lakewood

Listing courtesy of Blake Investment Advisors.

$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.

$845,000
2527663 MLS ACTIVE Status
Rare opportunity to own a well-maintained duplex in the highly desirable Lake Tapps area, tucked away on a quiet dead-end street surrounded by mature trees and a peaceful neighborhood setting. Purchased from builder by sellers in 2003, this property has been an exceptional long-term investment with strong appreciation, reliable tenants, and steadily increasing rental income. Each spacious unit offers nearly 1400 sq ft with 3 bedrooms, 2.5 baths, full-size laundry, large primary suites with walk-in closets, private decks, backyards, and oversized 2-car garages, a combination that has made tenant retention remarkably strong. Current tenant in Unit 1 has been extremely reliable and would like to stay. The previous tenant in Unit 2 remained for 9 years. Unit 2 has recently been refreshed with new interior paint, new laminate flooring throughout the main level, new front-load washer and dryer, new water heater, and new range. Unit 2 also features granite countertops, while Unit 1 offers laminate flooring in the kitchen and dining areas. Entire building received a new roof and gutters in 2026. Neighborhood membership includes access to coveted Church Lake Park on Lake Tapps with private picnic areas, playground, + boat launch access, a rare amenity in an area with limited public lake access. Opportunity for either an investor seeking strong rental appeal and upside potential, or an owner-occupant looking to offset mortgage costs with built-in rental income.

7418 207th Avenue E, Bonney Lake

Listing courtesy of Rethinking Real Estate LLC.

$650,000
2528181 MLS ACTIVE Status
Lovely duplex located in the heart of Yelm offering two spacious units, each featuring 3 bedrooms, 2.5 baths, and approximately 1,300 sq ft of comfortable living space. Each home includes a spacious primary suite with private full bath, pantry, washer and dryer, forced-air gas heat, abundant storage, and an attached 1-car garage with opener. The landscaped property also features partially fenced yards for added privacy. One unit has been beautifully remodeled with granite countertops, updated cabinetry, laminate flooring, and modern fixtures throughout. Situated in a quiet community with small-town charm, yet conveniently close to JBLM, shopping, restaurants, schools, parks, golf courses, Lacey, Olympia, and surrounding areas. This property is in an ideal location for both owner-occupants and investors alike.

15334 Berry Valley Drive SE Unit #15332, Yelm

Listing courtesy of Berkshire Hathaway HS NW.

$850,000
2527561 MLS ACTIVE Status
A rare income-producing triplex on an expansive double lot (14,374.8 sq ft) with ADU potential. This property features three fully separate living units — each with its own private entrance, kitchen, and bathroom — offering true independent living and multiple income streams for investors or owner-operators. The main-floor unit includes 6 individually rented bedrooms sharing common living space, generating strong, consistent room-by-room income. The upstairs unit offers 2 bedrooms and approximately 1,000 sq ft of living space. The lower level is a private 1-bedroom apartment, ideal for additional rental income or onsite management. In total, the property offers 9 bedrooms across 3 fully separate units, with strong existing cash flow and significant upside. Additional potential includes reconfiguring existing space for even greater occupancy, plus a detached garage offering storage, parking, or future conversion possibilities. A true triplex with three distinct living spaces, a spacious double lot, and proven income — a standout opportunity for investors in Everett.

3732 Rockefeller Avenue, Everett

Listing courtesy of Real Broker LLC.

$1,550,000
2525364 MLS ACTIVE Status
This presale 4-unit property at The Ridge offers a versatile opportunity for investors and owner-occupants alike, combining strong rental potential with modern design and a desirable location. Each residence features its own private single-car garage and a thoughtfully designed floor plan that places the main living, kitchen, dining area, and powder room on the second level, creating a bright and open living space. The kitchens are finished with quartz countertops and complemented by durable luxury vinyl plank flooring throughout the main living areas for both style and functionality. Each unit includes a spacious primary suite with a walk-in closet and private ensuite bath, along with two additional bedrooms and a full bathroom + 1/2 bath, providing flexible living arrangements. This property is well-suited for a variety of income strategies, whether expanding a rental portfolio or living in one unit while leasing the others. Located approximately 25 minutes from Bellingham, The Ridge is a pet-friendly community with walking trails throughout, offering a neighborhood feel while remaining convenient to daily amenities. Nearby attractions include local dining, the Blaine Marina, and quick access to I-5 and the Canadian border, making it an excellent option for commuters.

2290 SWEET GUM LOOP, Blaine

Listing courtesy of Doug Freeman Real Estate.

$899,990
2526828 MLS ACTIVE Status
In-city Seattle multifamily rental with strong demand and long-term potential in the highly desirable 98144 / North Beacon Hill area. This property offers dependable rental income, a convenient location, and a clear path to future value through market rent alignment and strategic improvements. With a proven history of long-term tenants and low vacancy, it’s the kind of asset investors look for today, with room to grow. Easy access to downtown Seattle and major commuter routes makes it a smart addition to any portfolio or an excellent first multifamily purchase. This property with solid bones and a beautiful location offers a great opportunity for buyers ready to add value. With a little work and vision, this property has the potential to shine and deliver long-term returns.

1312 15th Avenue S, Seattle

Listing courtesy of KW Greater Seattle.

$325,000
2526516 MLS ACTIVE Status
**Prime South Bend Investment Opportunity** Discover this versatile commercial/residential investment opportunity in downtown South Bend, WA, along US Highway 101. This multifaceted property features four residential units, two commercial/retail spaces, and a large flex space, offering multiple income streams and flexible use options. The residential units include two spacious 2-bedroom, 1-bath apartments, one 1-bedroom, 1-bath apartment, and a studio. Two units and the main-floor commercial area are currently occupied by long-term, month-to-month tenants, providing immediate rental income with flexibility for future owners. The first-floor commercial spaces offer excellent potential for retail, office, service, or other business uses. With year-round demand for both residential and commercial space, this property offers investors the potential for immediate cash flow, diversified income, and long-term appreciation. Located in the heart of historic downtown South Bend, the property combines convenient highway access with stunning views of the Willapa River. Whether you're an experienced investor or new to commercial real estate, this unique property presents an exciting opportunity in a desirable waterfront location.

608 W Robert Bush Drive, South Bend

Listing courtesy of Northfork Realty.

$1,550,000
2525343 MLS ACTIVE Status
INCREASED RENTS! $10,998 MONTHLY INCOME | The 10th Street Apartments is a cash-flowing 5-unit multifamily investment opportunity in the charming, historical city of Snohomish, WA. The property features a highly desirable unit mix and full amenity packages, with each unit offering two bedrooms, one bathroom, 988 square feet of living space, in-unit washers & dryers, dishwashers, disposals, wood-burning fireplaces, private decks/patios, off-street parking stalls, and large exterior storage lockers. Over the past five years, the property has undergone significant capital improvements, including a new composition roof, Hardie plank siding, Milgard double-pane vinyl windows, and new deck coatings, all completed in 2021. Ask listing agent for marketing brochure!

218 10th Street, Snohomish

Listing courtesy of Blake Investment Advisors.

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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