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$799,000
2560052 MLS ACTIVE Status
The Feasibility Study is ready for a Developer, or an Investor, who is looking in Bellingham’s highly desired South Hill Neighborhood, and have views of the Bay, Islands, and Mountains. A short walk away is the Fairhaven Historic District, downtown Bellingham, our Farmer’s Market, WWU, and access to Bellingham’s scenic 32-mile trail system. Each of the two existing mirror-image units offers a private entrance, one-bedroom, full bath, kitchen, and living room, making it equally suited for an owner-occupant looking to offset their mortgage, or an investor seeking steady, reliable rental returns. Currently, the two units produce $2,900 per month. The development study allows for two more units, which will increase the cash flow significantly! The demand for rentals here is consistent and strong — and the waterfront northwest lifestyle appeal, makes attracting quality tenants effortless. In summary, whether you're looking for a live-in investment, building a rental portfolio, or positioning for future redevelopment, this is a versatile asset in one of Bellingham's most sought-after corridors. With views, walkability, and land value all in one. Finding a South Hill, or Fairhaven property like this, is very rare. With climate change, rising temperatures in most southern states, the Pacific Northwest will continue to grow, why not make this property part of your portfolio! If you would like additional information and the development feasibility report, just ask your broker for one.

522 12th Street, Bellingham

Listing courtesy of Coldwell Banker Bain.

$749,900
2565099 MLS ACTIVE Status
Rare opportunity in one of Pierce County’s most desirable locations. This fully recently renovated duplex features updated bathrooms, kitchens, flooring, doors, finishes, trim, and more — move-in ready with modern updates throughout. 6.57% Cap Rate! Live in one side and rent the other, or rent both units for strong cash flow (currently $2,850 + $2,200). The property sits on a large private lot, secluded down a long driveway and backed by a beautiful green belt and partial views of Mount Rainier. The front portion of the lot also offers future development potential. Minutes to I-5, shopping, and Browns Point waterfront with excellent schools nearby. No HOA! Plenty of parking and a spacious lot round out this hard-to-find opportunity in a high-demand area. Opportunities like this are rare-- don't miss your chance! Buyers to verify all developmental potential. Interior viewing available with 48 hour notice.

6425 7th Street NE, Tacoma

Listing courtesy of Best Choice Realty LLC.

$769,500
2547829 MLS ACTIVE Status
Attention Investors! Start or add to your rental portfolio today with this 2-Story 3 Bedroom/2.5 a Unit Duplex! Nestled on a 0.38 acre corner lot in the new Malaga Meadows Development. Each Unit offers 1,499 Sq Ft of space with an open-concept living room with a glass slider that opens to the fully fenced & landscaped backyards. The L shaped kitchen has a center island with bar seating, quartz countertops, pantry and stainless-steel appliances. Main floor also has a half bath and under stairs storage area. All 3 bedrooms plus the laundry room are located upstairs. Primary bedroom has a full bath and a large walk-in closet. 2 car garage with each unit. Irrigation water is available. Neighboring Duplex at 32 Bruno Dr also available for sale! Discounted price of $755K per duplex if purchased together.

24 Bruno Drive Unit A & B, Malaga

Listing courtesy of Real Homes Real Estate Service.

$619,000
2565221 MLS ACTIVE Status
Freshly renovated multi-family rambler with a beautifully updated kitchen and three bedrooms, including a master bath in the main house, and a fully renovated additional living unit with two bedrooms, a full-sized kitchen, and a full bathroom. Two homes for the price of one, updated and move-in ready! New electrical system, plumbing, roof, gutters, windows, garage doors, and paint inside and out, plus so much more! The work has been done; just move in and enjoy! The two-bedroom unit in the back could be a potential income generator that can help cover the mortgage. Driveways in the front and back of the property make access simple and convenient. This charming rambler is about one block away from the Illahee Forest Preserve, which has over 600 acres and extensive trails. Ample shopping amenities are nearby, with the recent addition of a new medical center. There are a total of five bedrooms and three bathrooms, two driveways, and an oversized two-car garage! There aren't many fully remodeled homes with full-sized ADU units in Bremerton. (Some websites are showing this as 7 beds & 4 baths; it's actually 5 and 3.)

1936 NE Clemens Street, Bremerton

Listing courtesy of Better Properties Real Estate.

$828,000
2563879 MLS ACTIVE Status
Exceptional Investment Opportunity in the Heart of Renton! Seize this rare chance to own a turn-key, well-maintained duplex featuring two fully occupied units with a strong rental history. Each unit offers 1,060 sq. ft. of functional, one-level living space, including a primary ensuite plus two additional bedrooms and a full guest bath. With spacious living and dining areas bathed in natural light, these units are designed for long-term tenant satisfaction. Enjoy breathtaking mountain views from the upper unit! 8 parking spots. Strategically located minutes from I-405, Highway 900, and premier shopping, this property is a standout for investors seeking reliable income in a high-demand area.

361 Earlington Avenue SW, Renton

Listing courtesy of Bushnell Real Estate Solutions.

$999,950
2564967 MLS ACTIVE Status
Excellent investment opportunity in Burien! This updated triplex offers three well-designed units, parking for 7 vehicles, a fully fenced property, outdoor patio and deck, and estimated combined rents of approximately $7,500 per month. Unit A offers 999 sq. ft. with 2 bedrooms, 1 bathroom, a covered front porch, formal dining room, patio access, new LVP flooring, cabinets, appliances, trim, doors, LED lighting, and a new electrical panel. Unit shares a laundry room with Unit B. Unit B provides 1,125 sq. ft. with 2 spacious bedrooms, 1 updated bathroom, an open floor plan, large kitchen, abundant windows, new flooring, cabinets, appliances, and upgraded dishwasher. Unit shares a laundry room with Unit A. Unit C offers 595 sq. ft. with 1 bedroom, a ¾ bath, open layout, large windows, LED lighting, electric wall heating, upgraded dishwasher, new appliances, and an in-unit washer and dryer. Updates include a newly installed roof, new gutters, and fresh interior and exterior paint. Property has two electrical meters, two main panels, and a third subpanel. Conveniently located just minutes from Maplewild Avenue Beach and Sea-Tac airport. Buyer to verify rental income and all property information. Expenses are estimated.

14643 8th Avenue SW, Burien

Listing courtesy of John L. Scott, Inc..

$3,650,000
2564972 MLS ACTIVE Status
We are pleased to present Sydney Court, a 20-unit apartment community in the Hazel Dell neighborhood of Vancouver, Washington. Built in 1968 across two buildings, the property offers two-bedroom, one-bath and three-bedroom, two-bath floor plans averaging 870 square feet, with full-size in-unit washers and dryers in every home. Offered at $3,650,000 ($183,000 per unit / $210 per NRSF), the property delivers a 6.53% in-place cap rate with current rents approximately 7.89% below market. Eighteen of the twenty units have been extensively renovated with stainless appliances, quartz counters, new cabinets, flooring, trim, doors, and lighting, and the roof was replaced in 2022, minimizing near-term capital needs. The Hazel Dell location offers convenient access to a major retail corridor anchored by Walmart, Target, and Kohl’s, plus Hazel Dell Marketplace, area employment centers, and regional transportation.

1016 NE 86th Street, Vancouver

Listing courtesy of Northmarq Multifamily, LLC.

$4,950,000
2564976 MLS ACTIVE Status
We are pleased to present Redondo Ridge Townhomes, an 18-unit townhome community in Federal Way. Built in 1976, the property offers spacious 2-bedroom, 1.5-bath townhomes averaging 1,010 SF with fireplaces, vaulted ceilings, private patios, and full-size side-by-side washers and dryers. Offered at $4,950,000 ($275,000/unit, $272/SF), the asset delivers a 6.04% in-place cap rate with meaningful upside: current rents average $2,101, roughly 12% below the $2,400 achieved by comparable townhomes, and four unrenovated units offer approximately $500/month of additional income. Capital improvements include a new metal roof (2017), electrical panel upgrades (2018), fresh exterior paint (2026), and 14 of 18 units extensively remodeled with new cabinets, quartz counters, flooring, paint, doors, millwork, and appliances. Located 1.6 miles from the Federal Way Link Light Rail Station with convenient access to employment, shopping, and dining.

30323 15th Court S, Federal Way

Listing courtesy of Northmarq Multifamily, LLC.

$1,975,000
2563357 MLS ACTIVE Status
INVESTOR ALERT! $$$ Turnkey 8-unit multifamily property located in a quiet Bremerton neighborhood near Naval Base Kitsap and the Puget Sound Naval Shipyard. The property and surrounding neighborhood show exceptionally well. Comprised of two well-maintained buildings, the property features four bright, townhouse-style units in each, all offering 2 bedrooms, 1 bathroom, an in-unit washer and dryer, and plenty of on-site parking. All eight units have been updated with a cohesive design and consistent color palette throughout. Ownership has invested approximately $590,000 in renovations, repairs, and capital improvements since 2022, including new roofs on both buildings, new furnaces in all units, updated kitchens and bathrooms, LVP flooring, interior and exterior paint, plumbing and electrical improvements, siding repairs, and select new windows, exterior doors, water heaters, and appliances. The property offers a stabilized 6.15% cap rate based on the existing leases and stated operating expenses, with additional upside as rents move toward market rates. A solid, turnkey investment ready to perform from day one!

2821 2831 NE Center Street Unit #1-8, Bremerton

Listing courtesy of Keller Williams Downtown Sea.

$850,000
2563968 MLS ACTIVE Status
Exceptional opportunity to acquire a Seattle development site with an advanced permit package for 8 modern townhomes. The project includes plans for two 4-unit buildings with a future unit lot subdivision, offering a significant head start for builders and developers. Extensive architectural, civil, structural, landscape, and utility work has already been completed, with an issued demolition permit and development documents available for buyer review. Located in the desirable Mount Baker neighborhood, just minutes from Light Rail, Downtown Seattle, Lake Washington, parks, restaurants, and major commuter routes. Existing home is sold as-is. Buyer to verify all plans, permits, approvals, unit count, and development potential to their own satisfaction.

3632 36th Avenue S, Seattle

Listing courtesy of John L. Scott, Inc.

$1,795,000
2564292 MLS ACTIVE Status
Born in 1909, this 4,400 square foot Old Grand Dame sits majestically above the street, one block from Green Lake's beloved 2.8-mile loop, three blocks from the charming Tangle town business district, & at the heart of Seattle's most coveted trifecta: Green Lake, Tangle town & Wallingford. Rare, storied, & alive with possibility. Originally built as a live-in boarding house, this turn-of-the-century treasure spans Woodlawn to Meridian w/ views out to the lake & the kind of bones that make architects & dreamers go quiet. High ceilings on every floor, box-beam ceiling details, classic fixtures & finishes, two full kitchens & an oversized two-car garage w/ shop space. Whether you envision a grand single-family restoration, a boutique bed-&-breakfast, a co-housing sanctuary, multigenerational living, or a savvy legal duplex income property, this open palette awaits your vision. Six to seven bedrooms (though 2-3 presently non-conforming), three baths & LR1 RC(M) zoning, unlocks multi-family as well as residential commercial potential & puts multiple possibilities, firmly in your hands. Step outside & the neighborhood does the rest; two PCC Markets, Whole Foods, boutique fitness studios, beloved local restaurants & bars, w/ the energy of Phinney Ridge, Maple Leaf, Fremont, Greenwood, Wallingford & the university, just blocks away. Walk Score 81, Bike Score 87, & ten minutes to Downtown. If you've ever dreamed of breathing new life into something truly one of a kind.

6238 Woodlawn Avenue N, Seattle

Listing courtesy of Windermere RE Greenwood.

$1,275,000
2564062 MLS ACTIVE Status
Rare opportunity to own a well maintained triplex in the heart of Lake Chelan, offering an exceptional investment opportunity or the flexibility to live in one unit while generating income from the other two. Ideally located just blocks from the crystal clear waters of Lake Chelan and the vibrant downtown district, this property provides easy access to boutique shopping, restaurants, tasting rooms, parks, and year round community events. Each of the three spacious units features 3 bedrooms, 1.5 bathrooms, and convenient laundry hookups, making them highly desirable for long term tenants. Residents and visitors alike will appreciate being just minutes from world renowned wineries and vineyards, championship golf, boat launches and marinas, hiking and biking trails, fishing, water sports, skiing at Echo Valley, and countless outdoor recreation opportunities that make the Lake Chelan Valley one of Washington's premier destinations. Whether you are looking to expand your investment portfolio, generate strong rental income, or offset your mortgage by occupying one unit while leasing the others, this is a versatile property in an unbeatable location.

225 W Highland Avenue, Chelan

Listing courtesy of Nick McLean Real Estate Group.

$525,000
2564110 MLS ACTIVE Status
Incredible Triplex Potential on Mount Vernon Hill!Unlock massive upside on an excellent corner lot in a highly desirable neighborhood. Perfect for investors or ambitious buyers looking to build substantial equity, this versatile property is primed for an effortless multi-family triplex conversion.The main level’s south side features a 1-bedroom setup with its own bathroom and a kitchen area ready for your finishing touches. The other half of the main floor hosts an additional full bath, while the upstairs level boasts four more bedrooms and another full bathroom. Add stairs to the upper level to complete a lucrative three-unit layout, or restore the entire space into a grand single-family estate.Cherished by the same owner for 21 years, the property features elegant French doors leading to a beautiful, cozy backyard. Selling as-is with low-maintenance leaf guard gutters!

420 Warren Street, Mount Vernon

Listing courtesy of Keller Williams Western Realty.

$1,199,000
2562279 MLS ACTIVE Status
Investor Alert – Exceptional Cash-Flow Opportunity with Future Value-Add Potential! Now generating $6,395 per month in gross rental income, this turnkey 4-plex offers immediate cash flow with future flexibility. The property consists of a newly renovated triplex plus a detached 2-bedroom, 1-bath home on one lot, with the potential to adjust the lot line and create two separate properties—a standalone home and a triplex (buyer to verify feasibility). Extensively updated, the units feature new appliances, mini-split heating and cooling systems, flooring, windows, kitchens, and bathrooms. Each unit is separately metered for simplified utility management. The triplex includes a one-car garage and additional basement storage. Whether you're looking to maximize your investment or occupy one residence, this property offers outstanding flexibility. Choose to adjust the lot line and sell one property while keeping the other, live in the detached home and rent the triplex, or maintain all four units as income-producing rentals. The detached home features a spacious yard, off-street parking, and scenic river views, making it an attractive rental or owner-occupied residence. Conveniently located near shopping, downtown amenities, and freeway access, this property combines strong in-place income, recent renovations, and future upside. Don't miss this exceptional investment opportunity!

321 N 4th Street Unit #A-D, Mount Vernon

Listing courtesy of Windermere RE Whatcom, Inc..

$875,000
2563772 MLS ACTIVE Status
Rare Lake Stevens Duplex Investment Opportunity! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained duplex offers exceptional flexibility and value. Each spacious unit features 3 bedrooms, 2.5 bathrooms, approximately 1,400 square feet, oversized primary suites with walk-in closets, oak cabinetry, cozy gas fireplaces, and fully fenced private yards. Capital improvements provide peace of mind, including a new furnace and new water heaters, while gutter guards help minimize exterior maintenance. The right-side unit boasts an expansive backyard complete with a patio and sprinkler system—perfect for outdoor entertaining or relaxing. Ideally located within walking distance of Lake Stevens waterfront, the popular Farmers Market, and the charm of Historic Downtown Lake Stevens, this property offers an unbeatable combination of convenience, lifestyle, and strong rental appeal. A turnkey opportunity in a highly desirable location with excellent long-term investment potential.

1601 131st Drive NE, Lake Stevens

Listing courtesy of Ballpark Realty.

$5,800,000
2563789 MLS ACTIVE Status
Henderson Arms Apartments, a value-add multifamily property located in the Rainier Beach neighborhood of Seattle’s Rainier Valley submarket. The property presents a compelling opportunity for investors seeking stable in-place income, value-add upside, and long-term ownership in a high demand and supply-constrained rental corridor. Henderson Arms Apartments is comprised of a desirable mix of 33-1bed/1bath and 6-2bed/1bth units. The units consist of a blend of updated and classic finishes, offering immediate rental appeal with clear upside through strategic renovations. Building features include double-pane windows, secured entry, private balconies, ample storage and common-area laundry facilities. The property also presents the potential for additional unit development with a largely unutilized full height basement, providing an attractive path to increase density and future income. Off-street parking and a well-maintained residential setting further enhance tenant appeal and retention. Situated in a strong Seattle rental market, Henderson Arms benefits from convenient access to major transit routes, neighborhood retail, parks, and employment centers throughout Downtown Seattle, Columbia City, and the broader I-5 corridor. The surrounding area continues to experience steady renter demand driven by affordability constraints and proximity to regional job hubs

4803 S Henderson Street, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$2,300,000
2563692 MLS ACTIVE Status
Exceptional investment opportunity just minutes from Green Lake. This well-maintained 11-unit apartment building features a desirable unit mix of nine studios and two one-bedroom units. Professional management is already in place and available to continue operations, offering a seamless transition for a passive investor. The property is zoned LR3 (RC), providing attractive future development potential. Amenities include off-street parking, storage lockers, coin-operated laundry, and individual water heaters for each unit, all replaced in 2023. Five of the eleven units have been remodeled. Ideally located within walking distance of the Roosevelt Light Rail Station, and the Green Lake Park & Ride, ,Convenient access to downtown Seattle, shopping, dining and recreation. A rare opportunity for the move-up investor seeking stable income today and long-term growth potential tomorrow.

6537 Oswego Place NE, Seattle

Listing courtesy of Windermere Bellevue Commons.

$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.

$749,950
2563334 MLS ACTIVE Status
This amazing investment opportunity is located in a small community of similar duplexes right off of Canyon Road and very close to Hwy 512. Maximize your portfolio returns with this premium, one-level, low-maintenance duplex nestled in a quiet cul-de-sac community. The HOA takes care of most of the landscaping for ultimate ease of ownership. Perfect for seasoned investors or owner-occupants looking to house-hack, this turnkey property features an efficient floor plan with 1,324 SF each side—each boasting a highly rentable 3-bedroom, 2-bathroom layout, individual fully finished and painted 2-car garages, wide driveway, and newer appliances are included. This duplex backs to nature and has woods on the west side for premium privacy that renters will appreciate. Enjoy immediate, predictable cash flow from established, long-term tenants, alongside massive upside potential to capture full market value upon lease renewals. This is an investment opportunity that you cannot afford to miss. Make an appointment to see it today!

5902 115th Street E, Puyallup

Listing courtesy of Washington First Properties.

$969,000
2563529 MLS ACTIVE Status
New Price! Attractive 4-plex ideally located near Hwy 99, I-5, & 405. Enjoy a desirable unit mix of 3 - 2 bed, 1 bath units and 1 - 1 bed, 1 bath unit. Recent upgrades to units 2-4 include newer flooring, newer interior paint, and partial cabinet (newer in unit 4, refreshed in units 2 & 3 with newer paint and hardware), countertop, trim, & light fixture upgrades, as well as many updated appliances. Upper units have a small deck and the lower units are adjacent to a small yard. 8 parking spaces (2 per unit!). Common laundry provides additional income. A flexible asset with the ability to immediately owner-occupy, or use as a long-term hold with good cashflow + additional upside potential through operational improvements.

15328 40th Avenue W, Lynnwood

Listing courtesy of Windermere Real Estate Co..

$839,900
2563449 MLS ACTIVE Status
Terrific multifamily duplex investment in a prime location downtown. The units are aligned North to South and share a key location near Quality Food Center (QFC), North Bend Montessori School, North Bend Elementary School, King County Public Library and the Snoqualmie Valley Trail. Unit 332 faces E 2nd Street while Unit 334 has access from the alley at the rear of the building. The adjacent property to the east (MLS 2563431) with a small single-family home is also for sale and would allow for a bigger development up to 12 units depending on the proposed site plan. Whether you are looking for a great multifamily investment or a bigger redevelopment opportunity, this property offers great future potential! WELCOME TO DOWNTOWN NORTH BEND! Come and see why the gateway to the Cascade Mountains should be the next place you call home! North Bend is located just 30 miles east of Seattle on Interstate 90. The City sits at the heart of an impressive array of year-round recreational opportunities including hiking, bicycling, fishing, kayaking, climbing and skiing. Bounded by the Snoqualmie River and surrounded by stunning vistas of Mount Si, Rattlesnake Ridge and the Cascade Mountains, North Bend’s natural beauty is extraordinary. In addition to its natural beauty and recreational activities, North Bend offers an eclectic mix of shopping and dining from the Factory Outlet Stores to the historic downtown.

332 E 2nd Street, North Bend

Listing courtesy of Cook Real Estate.

$995,000
2563436 MLS ACTIVE Status
Live in one residence while generating income from the other, expand your investment portfolio, or capitalize on one of Seattle's most sought-after rental neighborhoods with long-term, short-term, or Airbnb potential. Just blocks from Green Lake, Woodland Park Zoo, Roosevelt Link Light Rail, PCC, Whole Foods, neighborhood cafés, breweries, and countless other local dining favorites, this classic 1909 Craftsman-turned-duplex offers the urban-mobile lifestyle for which today's tenants and homeowners alike are searching. Carefully updated while preserving its timeless character, you'll find an abundance of features here: beautifully updated spaces, fresh interior and exterior paint, original hardwood floors, newly installed carpet in certain spaces, a newer furnace, updated electrical, a durable metal roof, abundant natural light, private outdoor spaces, two off-street parking spots, and two separate 2-bedroom, 1-bath residences with individual entrances. Whether you're looking to offset your mortgage, build long-term wealth, or own a versatile property in an exceptional location, opportunities like this are increasingly rare. Classic. Connected. Versatile.

6322 5th Avenue NE, Seattle

Listing courtesy of Ensemble.

$1,445,000
2563426 MLS ACTIVE Status
2885 Total Living Square Feet! Experience the balance of comfort, space & beauty on this private estate. Set on shy 2 acres along a private road, this gated property welcomes you with a wraparound driveway and offers room for cultivating gardens, hosting gatherings or quiet relaxation. Mature landscaping includes producing cherry & apple trees. The main home features 3 bdrms + office with light-filled living spaces. Great rm w/walls of windows, vaulted cedar ceilings, fireplace & hardwood flrs. Remodeled kitchen w/white cabs, quartz counters & ss appliances. Primary bath is a retreat w/a clawfoot tub, heated floors, marble sinks & territorial views. Heated floors also extend to the guest bath & DADU bath for added comfort. Multiple decks & meandering garden paths frame the natural beauty. Winter vistas open wide to the valley & beyond. Newer furnace/AC, 50 Year Comp Roof Installed in 2018. Main house is 2,180 sq ft + 705 SF DADU atop the 3-car garage, ideal for extended living or offering potential rental income of approximately $2,200/month. Generous parking for vehicles, boat & RV plus a 2-stall barn. Conveniently located with easy access to Hwy 202, downtown Fall City, Snoqualmie, Issaquah, Redmond, and the Eastside while still enjoying the privacy and tranquility of country living. Snoqualmie Schools.

1718 292nd Place NE, Carnation

Listing courtesy of John L. Scott, Inc.

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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