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$16,350,000
2475761 MLS ⋅ ACTIVE Status
New construction multifamily property completed in April of 2024. This shiny new 66-unit building has 38 studios, 12 loft studios, 4 live/work studios, 2 live/work two-bedroom, 6 two-bedroom, 4 two-bedroom lofts, and 70 parking spaces. The property is in Ferndale, just a few minutes from Bellingham, next to the WTA Bus Depot and Kid’s World Early Learning Center. Ferndale’s demand for new apartment units was off the charts for this property. Each unit has air conditioning, stack washer/dryers, laminate flooring, large windows, and efficient floor plans. The building design boasts spacious common areas that are enjoyed by the tenants. Professionally managed by PCR.

1655 Main Street, Ferndale

Listing courtesy of Pacific Continental Realty LLC.

$4,295,000
2475680 MLS ⋅ ACTIVE Status
The property reflects true pride of ownership, with extensive upgrades completed in recent years. Improvements include full replacement of in-unit wiring and plumbing, along with comprehensive kitchen and bathroom remodels, ensuring modern comfort, durability, and reduced future capital needs. With an average unit size of 560 SF, the building offers efficient layouts that remain highly competitive in the Beacon Hill rental market. Offering a desirable and efficient unit mix of two studios, thirteen one-bedrooms, and seven two-bedrooms, this 22-unit asset delivers broad renter appeal and strong operational fundamentals. Residents benefit from close proximity to local amenities, outdoor recreation, transit access, and major employment centers—supporting consistent demand in all market cycles.

1815 13th Avenue S, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$675,000
2472540 MLS ⋅ ACTIVE Status
Big-ticket improvements are already done! This spacious Lacey duplex features newer Hardie siding, exterior paint, septic system, drain field and pumping station, taking care of several major expenses for the next owner. Each unit offers 3 bedrooms, 1.5 baths, an attached garage, private fenced yard and separate driveway, all situated on a large .56-acre lot. Whether you're looking to add a rental property to your investment portfolio or live in one side and rent the other to help offset your monthly housing costs, this property offers flexibility and long-term potential. The two 3-bedroom units provide strong rental appeal, while the separate yards and garages give each side the feel and privacy of a home. Conveniently located near shopping, schools, parks and I-5. A great opportunity to own a duplex with significant improvements already completed and the ability to add value over time.

643 School Street SE, Lacey

Listing courtesy of Redfin.

$3,159,000
2473278 MLS ⋅ ACTIVE Status
Stabilized 11 unit Class A townhome style multifamily portfolio consisting of three triplexes and one duplex, constructed in 2021 and offered together as a single asset. The property has a consistent operating history with strong rental demand, predictable cash flow, and is fully occupied with historically zero vacancy. Clean, verifiable financials.Units feature modern layouts and finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, LED lighting throughout, ductless mini split heating and air conditioning, high speed internet, private garages, and private patios for each unit. Low near term capital requirements due to newer construction. 18 on site parking spaces and well maintained landscaping supported by an automated irrigation system.High quality, low maintenance multifamily portfolio with convenient I-5 corridor access, centrally located between Seattle and Portland, and close to schools, hospital, college, and everyday amenities. Detailed financials available upon execution of NDA.

1409 1412, 1413, 1414 Nora Lane, Centralia

Listing courtesy of RE/MAX Premier Group.

$997,500
2472780 MLS ⋅ ACTIVE Status
Beautifully updated 4-bedroom, 2.75-bath home featuring fresh interior paint and new carpet throughout. The main level offers a convenient bedroom and ¾ bath, a bright living area, and easy access to the patio for outdoor relaxation. Downstairs includes a private bedroom with a spacious bathroom—perfect for guests or extended living. Upstairs, you’ll find two additional bedrooms and a full bathroom. Move-in ready with flexible spaces for every lifestyle. Situated just blocks from Seattle Center, the Gates Foundation, Amazon, and SLU, with a vibrant array of restaurants and nightlife nearby, the best of Seattle awaits!

708 Warren Avenue N, Seattle

Listing courtesy of John L. Scott, Inc..

$1,599,950
2470080 MLS ⋅ ACTIVE Status
This Ballard triplex is a standout investment that blends turnkey performance with exceptional upside. The property features three beautifully remodeled 2bed, 1bath units with modern finishes, smart layouts, and strong tenant appeal in one of Seattle's most vibrant neighborhoods, delivering immediate, reliable income with little to no additional work required. What truly sets this property apart is the fully remodeled fourth unit, a 3bed, 1bath that needs permits to be legalized. Once completed, this unit can generate an estimated additional 28,800 dollars per year, creating a rare and tangible value-add opportunity with much of the heavy lifting already done. This property delivers strong income today with clear, immediate upside.

6301 22nd Avenue NW, Seattle

Listing courtesy of Windermere Real Estate Co..

$1,575,000
2469369 MLS ⋅ ACTIVE Status
This presale 4-plex at The Ridge presents a rare opportunity for both investors and owner-occupants seeking flexibility, location, and long-term value. Each unit includes a private single-car garage and a well-designed layout with the main living, dining, kitchen, and powder room located on the second level, creating an open and light-filled living space. Kitchens feature quartz countertops and durable luxury vinyl plank flooring throughout the main living areas. Each unit offers a primary bedroom with a walk-in closet and an ensuite bath, along with two additional guest bedrooms and a full bathroom, providing comfortable and functional living. Whether expanding an existing investment portfolio or choosing to owner-occupy one unit while renting the others, this property offers multiple income strategies. Located approximately 25 minutes from Bellingham, The Ridge is a dog-friendly community with walking paths woven throughout, offering a neighborhood feel while remaining close to everyday conveniences. Enjoy nearby dining, the Blaine Marina, and easy access to I-5 and the Canadian border, making this an ideal location for commuters and travelers alike. Preferred lender incentives are available, including a 1% lender credit plus a $5,000 seller credit.

2966 Sweet Gum Loop, Blaine

Listing courtesy of Windermere RE Whatcom, Inc..

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

9618 Pacific Avenue, Tacoma

Listing courtesy of Engel & Voelkers Seattle DT.

$3,570,000
2467866 MLS ⋅ ACTIVE Status
Investor alert! Rare opportunity to acquire 6 newer modern townhomes as a package in the heart of Marysville!. Each 4BR/3BA unit features modern open layout with rooftop deck, quartz kitchen w/ large island, vinyl plank flooring, oversized windows, private rooftop deck, entry-level bedroom w/ full bath, and attached 2-car garage. No rental cap! Strong rental demand, low maintenance construction, and prime location near shopping, dining, Seattle Premium Outlets & easy I-5 access. Turnkey investment.

4716 72nd St NE Street NE, Marysville

Listing courtesy of Best Choice Realty LLC.

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

7603 Pacific Avenue, Tacoma

Listing courtesy of Engel & Voelkers Seattle DT.

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

301 E 26th, Tacoma

Listing courtesy of Crestview Realty Advisors.

$900,000
2468343 MLS ⋅ ACTIVE Status
Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

4811 S 252nd Place, Kent

Listing courtesy of Kidder Mathews.

$900,000
2468325 MLS ⋅ ACTIVE Status
Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

4809 S 252nd Place, Kent

Listing courtesy of Kidder Mathews.

$485,777
2467140 MLS ⋅ ACTIVE Status
Remodeled 5-plex in the heart of Bremerton. Previous owner updated this property beautifully, but did not obtain the necessary permits from the City of Bremerton. General Commercial zoning allows for the potential to use for multi-family, retail, office or mixed use. Lot size is over half an acre so might be possible to subdivide. Owner financing may be available.**Buyer to verify any and all information on what is needed to obtain permits from the City of Bremerton.**

6323 Kitsap Way, Bremerton

Listing courtesy of Keller Williams Greater 360.

$1,330,000
2467083 MLS ⋅ ACTIVE Status
Investor Alert! Rare opportunity to acquire two one-story triplexes totaling 6 units in a highly convenient Tacoma location. These income-producing, hard-to-find assets feature three 2-bedroom / 1.5-bath units per building, each with washer/dryer hookups.Recent improvements include new roof and gutters, fresh exterior paint, and interior updates throughout. Each unit is equipped with carport parking and dedicated storage. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. Buildings may be sold separately, offering flexibility for owner-occupants to live in one unit and rent the others, or for investors seeking stable cash flow.

6905 6909 S Madison, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

$665,000
2467079 MLS ⋅ ACTIVE Status
Rare one-story triplex in a highly convenient Tacoma location. This income-producing, hard-to-find asset features three 2-bed/ 1.5-bath units, each equipped with washer/dryer hookups. Recent improvements include a new roof and gutters, along with interior updates throughout. The property offers carport parking with dedicated storage for each unit and includes a move-in-ready unit, providing excellent flexibility for owner-occupants or investors. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. An identical adjacent triplex at 6909 Madison is also available, presenting a rare opportunity to acquire one or both properties.

6909 S Madison, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

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

1405 Martin Luther King Jr Way, Tacoma

Listing courtesy of Theory Real Estate.

$665,000
2467036 MLS ⋅ ACTIVE Status
Rare one-story triplex in a highly convenient Tacoma location. This income-producing, hard-to-find asset features three 2-bed/ 1.5-bath units, each equipped with washer/dryer hookups. Recent improvements include a new roof and gutters, along with interior updates throughout. The property offers carport parking with dedicated storage for each unit and includes a move-in-ready unit, providing excellent flexibility for owner-occupants or investors. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. An identical adjacent triplex at 6909 Madison is also available, presenting a rare opportunity to acquire one or both properties.

6905 S Madison, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

$439,750
2466714 MLS ⋅ ACTIVE Status
Sewer connection is currently in progress and anticipated to be completed prior to closing. Solid, turn-key duplex offering exceptional flexibility and long-term upside. Ideal for both experienced investors and owner-occupants, this charming "dollhouse" duplex has been thoughtfully maintained and features a strong occupancy history, excellent visibility, and consistent rental demand. Both units are currently occupied and generating $2,795 per month in rental income (Unit A: $1,295/month; Unit B: $1,500/month), providing immediate cash flow and an attractive 5.5% cap rate. Please do not disturb tenants; drive-by only. Well-positioned for immediate income while offering future redevelopment potential. Commercial zoning creates compelling upside for investors seeking long-term appreciation and mixed-use opportunities. Buyer to verify all zoning, development potential, permitting requirements, sewer completion status, cap rate calculations, and intended uses to their satisfaction.

10908 10910 Valley Avenue E, Puyallup

Listing courtesy of Keller Williams Downtown Sea.

$549,900
2465092 MLS ⋅ ACTIVE Status
A great opportunity for investors or owner-occupants seeking a highly accessible location. Well-maintained one-level duplex tucked away at the end of a quiet cul-de-sac, just a short walk to Rainier Vista Park. Each unit offers 825 sq ft, featuring a fenced yard, private patio, and one-car garage with additional driveway parking. Ideal location with easy access to I-5 and JBLM. Plus nearby schools, medical, restaurants, golf courses, Chehalis Western Trail and grocery stores for everyday convenience. Bus service available on Ruddell Rd, makes for an easy commute. (Living room & bedrooms are virtually staged)

4938 Wilshire Court SE Unit #A & B, Lacey

Listing courtesy of Century 21 Van Dorm Realty.

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

1017 SW 154th Street, Burien

Listing courtesy of Paragon Real Estate Advisors.

$1,499,000
2461143 MLS ⋅ ACTIVE Status
The Morning Apartments is a 12-unit community located in Downtown Port Angeles. Originally built in 1953, significant improvements have been made on the property in order for it to perform as well as it does. Units have all been freshly renovated while preserving the historic charm of wood cabinetry & hardwood floors. Morning Glory consists of nine one-bedroom,one-bathroom units averaging ±711 square feet & two two-bedroom, one-bathroom units averaging ±988 square feet, and one three bedroom, one-bathroom unit of approximately 968 square feet. The apartment has two shared washers and two shared dryers. At a purchase price of $1,600,000, Morning Glory offers great value to a buyer at $133,333 per unit, $171 per foot, with solid operations.

527 E First Street, Port Angeles

Listing courtesy of John L. Scott, Inc.

$687,000
2460972 MLS ⋅ ACTIVE Status
Located in the core of Anacortes, this updated multi-unit property puts you just steps from downtown shops, dining, and the waterfront. Recent improvements include granite countertops, fresh flooring, and new exterior siding, creating a clean, modern feel throughout. The flexible Central Business District zoning opens the door to multiple paths—hold as an income property, enhance the existing layout, or explore future redevelopment options under current zoning guidelines. The street-level unit offers two bedrooms, one bathroom, washer and dryer hookups, and ADA access. Upstairs, a private entrance leads to a one-bedroom, one-bath unit with a full kitchen. No setbacks or driveway parking required (buyer to verify).

520 O Avenue, Anacortes

Listing courtesy of RE/MAX Gateway.

$2,365,000
2458693 MLS ⋅ ACTIVE Status
Attention investors, great occupancy rates on the largest complex on the Long Beach Peninsula, with common area updates. Like new carpeting and fire escape towers. Interior renovations all done in recent years. 16 turnkey units (All Rented) on a full city block. Come schedule a showing today!

1101 Pacific Avenue N, Long Beach

Listing courtesy of Century 21 Pacific Realty.

$8,250,000
2456694 MLS ⋅ ACTIVE Status
Lifetime Opportunity to invest in downtown Bellevue. These 4 properties each have their own tax lot account. Sell "As Is" as a package. No sign. Please do not Disturb Tenants. Walking distance to light rails, shops, restaurants. Hurry! Potential development up to 16 units, Buyer to verify.

161 108 Avenue SE Unit #169, Bellevue

Listing courtesy of Homes & Equity Real Estate Grp.

$749,000
2452331 MLS ⋅ ACTIVE Status
Well maintained Triplex in a great central location, close to Hospital and Freeway access. Good rental history. Live in one unit and rent out the other two! Detached three car garage with storage space is already partitioned providing three individual spaces for optimum tenant privacy and security.

1277 Sherman Avenue, Port Orchard

Listing courtesy of Better Properties Gig Harbor.

$375,000
2456376 MLS ⋅ ACTIVE Status
Spacious duplex with 2944± sq ft in a central location near schools, shopping, parks, and just minutes from the bay and ocean beaches. Each side offers a 2 bedroom, 1.5 bath layout, and both units are currently occupied, giving you income from day one. This is a great opportunity whether you’re looking to add to your investment portfolio or live in one side and rent the other to help supplement your mortgage. Roof was replaced in 2017, and the property’s size and location make it a solid long-term hold. Out of the floodzone.

409 N M Street, Aberdeen

Listing courtesy of First Harbor Real Estate, Inc..

$899,000
2448891 MLS ⋅ ACTIVE Status
FOUR UNIT 3 unit : 2Bed 1Bath 1 Unit 1bath TOTAL Fin sqft 3416. Newer roof (-5year)Coin operated Laundry, close to freeways shopping, Please do not disturb Tenants. Buyer & Agent to Verify all information.4PLEX Managed by a professional. NO VACANCY

2716 S 258th Place, Kent

Listing courtesy of Next Horizon Realty.

$710,000
2453019 MLS ⋅ ACTIVE Status
Great opportunity to add to your investment portfolio, offering potential for instant cash flow. This 2007 duplex features 2 townhomes, each w/2 bedrooms & 2.5 bathrooms. One unit includes a two-car garage, while the other offers a one-car garage w/additional storage; both units have driveway parking & private backyards. The homes offer thoughtfully designed open concept floor plans perfect for entertaining, w/soaring 18 ft. living room ceilings, gas fireplaces, & abundant natural light throughout each home. Incredible location making these a commuter's dream, close to schools, parks, groceries, gas stations, countless eateries & entertainment. Perfect first-time real estate investment.

420 Bungalow Drive NW, Olympia

Listing courtesy of RE/MAX Parkside Affiliates.

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

1809 5th Avenue N, Seattle

Listing courtesy of Pacific Crest.

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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