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$450,000
2553787 MLS ⋅ ACTIVE Status
Investment Opportunity!! Well cared for Duplex in Bagley Downs, near community swimming center and park. Both units have 2 bedrooms and 1 bath each with a private fenced yard. Newer flooring. Newer roof. All units are occupied with the same tenants for 3+ years. Positive cash flow investment opportunity.

2807 Caples Avenue, Vancouver

Listing courtesy of Coldwell Banker United Brokers.

$450,000
2553783 MLS ⋅ ACTIVE Status
Investment Opportunity!! Well cared for Duplex in Bagley Downs, near community swimming center and park. Both units have 2 bedrooms and 1 bath each with a private fenced yard. Newer flooring. Newer roof. All units are occupied with the same tenants for 3+ years. Positive cash flow investment opportunity.

2811 Caples Avenue, Vancouver

Listing courtesy of Coldwell Banker United Brokers.

$850,000
2555897 MLS ⋅ ACTIVE Status
This Victory Heights rambler sits well back from the street, on a flat, private lot where a wooded ravine forms the back edge and mature trees filter the light all day. Sunny corners for morning coffee, shaded ones for late afternoon, and a quiet you notice the moment you step outside. Nearly a decade of thoughtful, documented work shows in every room. Bamboo floors run throughout. The primary suite carries a vaulted ceiling, heated floors underfoot, and a calm, bright spa bath with a rain shower, soaking tub, and tile work done right. Windows and doors replaced, attic and crawl spaces insulated, new furnace with enhanced filtration, on demand hot water, whole house generator wired in. Nothing here was deferred. Outside is where it opens up. A covered patio extends the season for grilling and gathering, with separate zones for working and for sitting still. Raised garden beds, pavers, pea gravel paths, and turf mean weekends are spent enjoying the yard instead of fighting it. An insulated, powered greenhouse waits for the gardener. The detached cottage out back has its own entrance, kitchenette, full bath, and loft, a private second space that works as a guest suite, a home office, a studio, or a place for extended family close by but on their own. Meadowbrook Community Center with its pool and tennis courts sits minutes away, along with schools, bus lines, shops, restaurants, and the Lake City Farmers Market. Close to everything and quiet enough to hear the trees.

11350 28th Avenue NE, Seattle

Listing courtesy of Windermere R.E. Shoreline.

$1,600,000
2553817 MLS ⋅ ACTIVE Status
Four duplexes offering eight 2-bedroom, 1-bathroom units, each with a private one-car garage. Ideal for long-term tenants in a desirable small-town setting. Strong Financials • Annual Gross Income: $140,000 • Cap Rate: 6.7% Recent roofs (approx. 5 years old) minimize near-term capex. Efficient duplex layout supports easy management and tenant privacy. Prime Location Elma provides rural charm with convenient access to Olympia (~30 miles), outdoor recreation, parks, and local amenities. Steady rental demand in an affordable market makes this a reliable cash-flowing asset. Perfect for investors seeking immediate income, low maintenance, and long-term appreciation. Turnkey opportunity with strong upside potential. Contact us today for full details, rent roll, and showing. Serious inquiries only.

106 Garden Hill Road W, Elma

Listing courtesy of Abbey Realty Inc.

$475,000
2555802 MLS ⋅ ACTIVE Status
Great rental potential in the coveted Bigelow neighborhood! Formerly a fully rented duplex, the current owners converted to SFR. Easily converted back to a duplex just by adding door by the living room to create a separate upstairs unit. Upstairs back room is still plumbed for a full kitchen, and you could add a ductless washer/dryer to the space for full functionality. Downstairs has a completely remodeled kitchen with smart appliances (combo oven with convection/steam/air fryer options and gas range with voice-activated hood!), butcher block counters, and USB outlets, large laundry/mud room, bedroom with walk-in closet, and full bath. Upstairs has a large living room with seasonal views of the capital dome, a bedroom, a potential kitchen/dining room, and full bath. Alley parking for downstairs unit, and free street parking for upstairs. Located just blocks from downtown Olympia, parks, restaurants, Swantown Marina, and the farmers market. Mixed-use zoning is perfect for a live/work lifestyle. Zoning would also allow commercial, so you could live upstairs and run a business from the main floor! Buyer to verify all possible uses. Preferred lender incentive available.

1128 State Avenue NE, Olympia

Listing courtesy of Redfin.

$4,850,000
2555393 MLS ⋅ ACTIVE Status
The Cove Apartments offers investors a compelling combination of strong in-place cash flow, recent capital improvements, and long-term upside in the growing Marysville market. The property has benefited from significant interior and exterior upgrades, including renovated apartment homes, in-unit washers and dryers in every unit, fresh exterior paint, updated signage, and ample on-site parking, creating a low-maintenance investment that continues to attract tenant demand. Currently operating at a strong 6.91% in-place cap rate, The Cove delivers exceptional day-one returns while offering future rental growth potential. Its functional unit mix, proven operational performance, and recent improvements provide stability and long-term value appreciation. Conveniently located near Interstate 5, State Route 529, and State Route 9, residents enjoy easy access to major employment centers throughout Snohomish County and the greater Seattle area. Supported by strong population growth, expanding infrastructure, limited multifamily supply, and sustained economic investment across the North Puget Sound region, The Cove Apartments represents an outstanding opportunity to acquire a well-positioned, income-producing asset with both immediate cash flow and long-term investment potential.

7234 47th Avenue NE, Marysville

Listing courtesy of Paragon Real Estate Advisors.

$2,137,500
2555633 MLS ⋅ ACTIVE Status
**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units!

8303 John Dower Road SW, Lakewood

Listing courtesy of RE/MAX Northwest.

$674,999
2555073 MLS ⋅ ACTIVE Status
Welcome to this turnkey triplex offering an exceptional opportunity for investors seeking immediate cash flow. Each of the three 2-bedroom, 1-bath units offers approximately 696 sq. ft. and has been thoughtfully updated. Recent updates in last 5 years include new roof, new septic system, vinyl windows, fencing, and extensive interior renovations throughout the units. Current rents are $1,625/month for Unit 1 and $1,650/month each for Units 2 and 3, plus an additional $150 per month from each tenant toward utilities, creating strong income potential. A shared laundry room, ample off-street parking, and a prime location just minutes from JBLM, I-5, restaurants, shopping, and American Lake make this a true cash-flowing investment and an excellent addition to any portfolio.

8311 Lake Street SW, Lakewood

Listing courtesy of Every Door Real Estate.

$989,950
2555332 MLS ⋅ ACTIVE Status
Marketing Remarks SELLER IS OFFERING A $10,000 CREDIT FOR BUYER TO USE AS THEY SEE FIT! If you've been searching for a spacious home in outstanding condition on scenic acreage, this is it! Beautifully maintained and offering approximately 4,000 square feet, this exceptional Edgewood property captures breathtaking valley and Mount Rainier views from most rooms, with spectacular sunrises over the Cascade Mountains and the occasional opportunity to enjoy the Northern Lights from the expansive 60-foot deck. Designed with flexibility in mind, the home features five generously sized bedrooms, 3.5 bathrooms, two full kitchens, expansive living areas, split A/C systems, and a luxurious primary suite with a custom jetted tub. The lower-level guest quarters with a private kitchen offer exceptional versatility and are currently generating $1,500 per month in rental income. The large driveway and garage offer abundant parking for an RV and numerous vehicles, and recent exterior paint and roof updates add lasting value and convenience. Set on peaceful view acreage along a quiet private road with only four homes, this remarkable property offers privacy while remaining just minutes from I-5, Highway 18, Highway 167, shopping, dining, parks, and everyday amenities. This is a home that truly must be experienced in person to appreciate all it has to offer.

4706 Caldwell Road E, Edgewood

Listing courtesy of Redfin.

$7,150,000
2555202 MLS ⋅ ACTIVE Status
The Nyland Apartments, a 19-unit multifamily investment opportunity located in highly desirable Edmonds, Washington. Completed in 2021, this charming residential community offers investors the rare chance to acquire a newly constructed property in one of the Puget Sound's most coveted and supply-constrained submarkets. The property sits on approximately one acre of land (51,000+ square feet) zoned for multifamily use, providing long-term flexibility and redevelopment potential in a rapidly growing suburban environment. The Nyland Apartments feature spacious units averaging 783 square feet with high-end interior finishes including: stainless steel appliances, granite countertops, vinyl flooring, and marble-inspired surfaces throughout. Residents benefit from modern living amenities such as air conditioning, in-unit washer and dryer, walk-in closets, and private patios or balconies compelling opportunity for investment.

8509 244th Street SW, Edmonds

Listing courtesy of The Preview Group.

$2,450,000
2555010 MLS ⋅ ACTIVE Status
The property sits in one of North Seattle’s fastest-improving rental corridors. The location is further supported by Sound Transit’s new Shoreline South/148th light rail station and direct bus access to downtown Seattle. The offering represents an operational value-add opportunity. The asset is in good physical condition, bolstered by recent capital improvements including a new TPO membrane roof (2023), upgraded electrical panels (2024), and replaced window panes (2025). With the option to upgrade units on turnover and capture premium rents as leases roll, and with scheduled rents below market and no utility bill-back currently in place, a new ownership group can grow income through natural lease turnover, selective unit upgrades, and the implementation of a utility recapture program, meaningfully lifting NOI. At market operations, the offering achieves a 7.4% cap rate and a 9.7% cash-on-cash return, giving new ownership strong performance upside as rents are brought up to market. At just $238 per square foot and $175,000 per door, the property presents an exceptional basis for a 1980s-built asset, well below recent comparable sales in the area. Current in-place rents average $1,205 for the eleven one-bedroom units and $1,617 for the three two-bedroom units, while comparable properties in the area are achieving approximately $1,550 and $1,875.

712 N 143rd Street, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$555,750
2555082 MLS ⋅ ACTIVE Status
Fabulous location downtown Puyallup, where the City is revitalizing the downtown district for community interest. Walkability to services and restaurants means that these units are always rented! 2 bedrooms and 1 bath with one carport space for each, these units have been incredibly well cared for by the long time owners. The back unit has a huge back yard. Additional income from coin operated laundry of $1200 per year. Great opportunity to own an investment with upside potential. Also a great way to enter the market as a first time homebuyer.. live in one side and rent out the other while gaining equity! PLEASE DO NOT DISTURB TENANTS.

606 8th Street NW, Puyallup

Listing courtesy of Windermere RE West Campus Inc.

$397,500
2554348 MLS ⋅ ACTIVE Status
Triplex in the Heart of Aberdeen – Investment Opportunity or Multi-Family Living! Investor alert or the perfect opportunity for multi-family living! This beautifully updated triplex is ideally located in the heart of Aberdeen, just minutes from shopping, dining, parks, and schools, while being safely situated outside the flood zone. The property features: • Two spacious 2-bedroom, 1-bath units • One charming 1-bedroom, 1-bath loft-style unit • Private decks for each unit • Newer flooring in 2 units • Updated electrical systems with brand-new panels With a convenient central location, strong rental potential, and thoughtful improvements already completed, this triplex offers an excellent opportunity to build passive income or live in one unit while renting the others. Whether you’re an investor looking to expand your portfolio or seeking a flexible living arrangement, this property delivers versatility, value, and long-term potential in a growing Aberdeen community. Don’t miss your chance to own a solid, income-producing property in a desirable location!

109 N Washington Street, Aberdeen

Listing courtesy of Windermere RE/Himlie.

$839,000
2554973 MLS ⋅ ACTIVE Status
The possibilities are endless on this Manson compound. 4 total units! Top unit is 3 bedrooms and 2 bathrooms including incredible views of the lake and mountains. Completely updated with vaulted ceilings and an open floor plan. Unit 2 has 2 bedrooms, 1 bathroom and an updated kitchen. Unit 2 also has a private patio and 1 car attached garage. Unit 3 is a loft style unit that can sleep 6. It has 2 bathrooms and a massive shop/flex space attached to it. Units 1-3 have in unit laundry. Fun, beach themed detached ADU has a private patio and fire pit. Plenty of paved parking and awesome basketball/pickleball court! Low maintenance yard. Walking distance to downtown Manson and Lake Chelan! Great for an investor or owner occupy and offset your mortgage with income from the other units.

703 Boetzkes Avenue, Manson

Listing courtesy of Windermere Real Estate/M2, LLC.

$969,000
2551090 MLS ⋅ ACTIVE Status
Classic Phinney Ridge triplex in one of Seattle's most sought-after neighborhoods. Perched above the street just one block from the vibrant Phinney/Greenwood business district, this well-maintained 1918 Craftsman features three 1-bedroom, 1-bath apartments, each with a private entrance, full kitchen, in-unit laundry, separately metered electricity, and tenants pay all utilities. Major capital improvements include updated plumbing & electrical, electrical panels, windows, French drain, mini-split heating & cooling in the two main-level units, and renovated bathrooms. Outstanding walkability to neighborhood restaurants, coffee shops, Woodland Park Zoo, Green Lake, Ballard, Fremont, and public transit. Rare opportunity to own a classic Seattle investment property in an exceptional location.

303 N 64th Street, Seattle

Listing courtesy of Real Broker LLC.

$650,000
2554215 MLS ⋅ ACTIVE Status
Excellent investment opportunity with this well-maintained duplex featuring two desirable 2-bedroom, 1.5-bath units in a private, convenient location. These thoughtfully designed floor plans are consistently easy to rent, making this an ideal addition to any investment portfolio. One unit is occupied by a long-term tenant, while both units have been well cared for.Each home offers a functional two-story layout with the living areas, kitchen, laundry, and a convenient half bath on the main level, while both bedrooms and a full bathroom are located upstairs. Each unit also includes its own washer and dryer, a covered parking space, and ample storage.Surrounded by mature landscaping that provides a sense of privacy for tenants, this property offers a peaceful setting while remaining close to shopping, dining, schools, and major commuter routes. Whether you're looking to expand your rental portfolio or invest in a property with strong long-term appeal, this duplex is one you won't want to miss.

5117 5119 84th Street E, Tacoma

Listing courtesy of Neighborhood Experts Real Est..

$1,800,000
2554587 MLS ⋅ ACTIVE Status
Well-maintained six-unit multifamily property located in the heart of Ballard, one of Seattle's most sought-after rental markets. Two units have been fully renovated within the past year, while the remaining four have been tastefully updated in recent years and are in excellent condition. Ideally situated within walking distance of Ballard's vibrant Market Street, residents enjoy convenient access to popular restaurants, shops, breweries, parks, and everyday amenities. On-site coin-operated laundry provides additional income, and two garage spaces offer the potential for future revenue. With a strong location, quality updates, and room for continued rental growth, this property presents an outstanding investment opportunity.

2209 NW 59th Street, Seattle

Listing courtesy of North Pacific Properties.

$1,150,000
2554461 MLS ⋅ ACTIVE Status
Exceptional investment opportunity in Bellingham's highly sought after Happy Valley neighborhood. Ideally located just blocks from Western Washington University and the Sehome Hill Arboretum, this duplex offers convenient access to Fairhaven, downtown Bellingham, miles of trails, parks, restaurants, shopping, and schools. Each fully renovated two bedroom, townhouse style unit features covered decks, luxury vinyl plank flooring, stainless steel appliances, quartz countertops, in-unit washer and dryer, and cozy fireplaces. The property has an excellent rental history with consistently low vacancy, is fully leased, and has been meticulously owner managed. A true turnkey investment!

1100 23rd, Bellingham

Listing courtesy of Muljat Group.

$2,000,000
2553708 MLS ⋅ ACTIVE Status
SELLER FINANCING AVAILABLE. The Villa Apartments is a well-located 10-unit apartment building situated in one of Tacoma's most coveted and historically stable submarkets — North Tacoma. Offered to the market for the first time in over 25 years, this is a rare opportunity to acquire a long-held, carefully maintained asset in a neighborhood that consistently commands strong tenant demand and above-average rent growth. The property presents a compelling value-add investment profile, with dated interiors that reflect the building's long-term ownership and offer a clear path to modernization. A strategic renovation program targeting updated finishes, fixtures and exteriors would allow a new owner to drive meaningful rental growth and unlock significant upside in stabilized value. Adding to the opportunity, the seller is offering attractive financing terms, providing qualified buyers with a distinct advantage in today's elevated interest rate environment. North Tacoma's appeal is well established - tree-lined streets, walkable neighborhoods, proximity to the University of Puget Sound, Tacoma's best retail and dining corridors, and consistently low vacancy make it one of the most sought-after multifamily locations in the South Sound.

1115 N 12th Street, Tacoma

Listing courtesy of Kidder Mathews.

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

2021 15th Avenue S, Seattle

Listing courtesy of John L. Scott Des Moines.

$450,000
2554246 MLS ⋅ ACTIVE Status
This is a great opportunity for the investor capable of looking past the 2025 numbers and ahead to the great potential for growth in 2026. All units are currently occupied and are on no lease, month to month agreements. Lots of work and updates have been done over the years leaving the future owner with low maintenance costs. Fresh exterior paint, lots of new siding, new porch, new entry doors, 3 of the units have been remodeled in the last 2 years, detached shed with W/D hook up for potential supplemental income, all new exterior electrical from meters to utility pole.

309 E 2nd, Aberdeen

Listing courtesy of WEICHERT, Realtors Reynolds RE.

$2,525,000
2553931 MLS ⋅ ACTIVE Status
The Monterey Apartments feature elegant and timeless architecture that appeals to a broad spectrum of renters seeking character and warmth not found in typical new buildings. There are a total of 13 apartments with a balanced mix of spacious studios and one-bedrooms and a large (1,253 SF), recently renovated two-bedroom plus den floor plan. The units are inviting and comfortable, with tall ceilings, beautiful original hardwood floors, efficient floor plans, charming period details and great natural lighting. Units on the upper floor enjoy wonderful territorial views of Green Lake and Greenwood.

8008 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,150,000
2552878 MLS ⋅ ACTIVE Status
Welcome to this well-positioned investment opportunity in the heart of Seattle's trendy Ballard neighborhood. Located at 824 NW 64th Street, this charming triplex offers a compelling mix of rental income and neighborhood appeal. Constructed in 1968, the building features three units — two approximately 875 sq. ft. (2 bed / 1 bath) and one at roughly 1,100 sq. ft. (2 bed / 1 bath) — totaling about 2,850 sq. ft. of rentable space. The lot spans approximately 5,000 sq. ft. and is zoned NR3, offering future flexibility. The property includes a two car garage and a spacious backyard. The property is within walking distance of Ballard's vibrant nightlife including restaurants and breweries.

824 NW 64th Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,250,000
2553414 MLS ⋅ ACTIVE Status
Excellent opportunity to own a classic two-story, 14-unit multifamily apartment complex in Aberdeen. Built in 1923, this property showcases the charm and character of early 20th-century apartment design while offering functional, diverse living spaces that support strong rental appeal. Conveniently located remarkably close to everyday services, shopping, dining, transit, and local amenities, and situated directly across from a school, this property offers a central location tenants appreciate. The unit mix includes two true studio apartments, six studios with bonus rooms, four one-bedroom units, and two two-bedroom apartments, creating flexibility for a variety of rental needs. With a strong and consistent rental history based on a conservative vacancy rate, this property delivers an attractive cap rate and proven income performance. Its combination of historic character, steady demand, and practical unit variety makes it a compelling option for investors seeking stability, cash flow, and long-term value. Whether you are expanding your portfolio or looking for a well-positioned multifamily asset in an established Aberdeen neighborhood, this 14-unit property is worth a closer look. Buyer to verify all information, financials, zoning, rental history, condition, and due diligence to their satisfaction. Active maintenance in progress. Will provide entry to all Apartments after Mutual. MUST give at least 48+ hrs. time to post notices for ALL showings. Will place RE Sign shortly.

301 W 3rd Street, Aberdeen

Listing courtesy of John L. Scott, Inc..

$799,900
2553735 MLS ⋅ ACTIVE Status
2 duplexes for a total of 4 rentals. Built in 2009, each has approx 800 sq.ft.. Great rental history. Each unit is 2 bdrms/1 bath and have electric fireplaces. Efficient design, EZ to maintain. Recent new roof on each building. Single car garages plus outside parking. Located offstreet on a private cul-de-sac. Just 5 minutes to I-5 access at exit 88. EZ commute to Olympia or Centralia. Short distance to restaurants. About 15 minutes to the gaming, restaurants and lounges at the Lucky Eagle Casino. Shopping at Safeway in Centralia less than 6 miles away or Costco in Tumwater just 20 minutes. Scheduled monthly income is $4,975. Only 1 unit is rented at market rate. All others are far below market and ample room for rent increases. Strong demand for rentals in this region. Purchasers Financial capability info needed for interior inspections.

6521 201st, Rochester

Listing courtesy of Dream Weavers Inc..

$498,000
2553467 MLS ⋅ ACTIVE Status
Investors, house hackers, and savvy buyers-this is the opportunity you've been waiting for. This rare 1918 Craftsman isn't just full of timeless character; it's a true income-producing property with flexibility that's hard to find. Live in one unit and rent the other, lease both for maximum income, or continue the successful approach the current owner has already proven-all three options have been done. The main home showcases the craftsmanship of a bygone era with hardwood floors, arched doorways, leaded-glass built-ins, vintage glass doorknobs, a brick-accented fireplace, formal dining room, two main-floor bedrooms, full bath, plus finished bonus rooms, 3/4 bath and abundant storage downstairs. Plot twist: the detached two-car garage is topped by a charming 1-bedroom apartment bursting with personality-hardwood floors, built-ins, coved doorways, vintage tile, full bath and its own kitchen. Separate utilities make managing the two living spaces even easier. Major updates include new house roof (2024), apartment/garage roof (2021), new furnace (2022), updated sewer (2025), plus more plumbing and electrical improvements. Three additional off-street parking spaces are a premium bonus this close to Olympic College, PSNS, the Seattle ferry, downtown Bremerton and waterfront parks. Historic charm, important system updates and multiple income strategies combine to create a rare investment opportunity with lasting appeal.

1108 Warren Avenue, Bremerton

Listing courtesy of Keller Williams West Sound.

$3,400,000
2553466 MLS ⋅ ACTIVE Status
This stunning lakefront property is unlike anything you’ve ever seen! Sited on 700 feet of waterfront and 9.31 acres, this special property is the perfect combination of lakefront luxury and income generating rentals. The hallmark of the property is the lakefront lodge. At more than 4,200 square feet, clad in stone, stucco, slate, and copper, this beautiful home features a main level primary suite, an expansive kitchen, a two-story great room, and an attached ADU/MIL above the three-car garage. Open the three sets of French doors in the great room for a seamless indoor-outdoor flow onto the covered outdoor patio. Enjoy beautiful lake views from nearly every room, especially the elevated ADU which offers two private external entrances and interior access from the main residence. The South-facing shoreline features a picturesque Mount Rainier view. The dock easily accommodates a float plane or large vessel, with an extra motorized float perfect for cruising the lake with friends. Now, the rentals. This single-parcel property includes 7 rental units: two 1-bed duplexes, a 2-bed duplex, and an additional single-family home. These additional residences have all received consistent updates throughout the years and benefits from long-term tenants who would love to stay. Photos of the SFR and one of the duplex units are included in this listing. Gross annual income exceeds $100,000 per year and a rent roll is available upon request. This one-of-a-kind property is as rare as it comes.

1000 Creso Road S, Spanaway

Listing courtesy of COMPASS.

$829,990
2553422 MLS ⋅ ACTIVE Status
Rare find: 3 homes on 1.67 private acres. Perfect scenario for multi-generational living. Investor: It's a fantastic income producing property too. The main home is a custom 2,206sf rambler with delightful kitchen & Living room. Main bedroom w/ gorgeous bath & private patio. Another bedrm & 2 bonus rooms share a 2nd upgraded bath. Hardi plank exterior, metal roof, wood stove, heat pump, skylights, wood flrs, vaulted ceilings. Covered front porch & 2 covered decks in back. One owner/immaculate condition. Second home is 2 story, 1,160sf w/ large entry portico. Open concept kitchen, living &dining rooms. Main level bdrm, 3/4 bath & finished room on upper level. Furnace, mini split A/C, storage areas inside & out, private access to Pool. Third home is a sweet 360sf cottage. Functional & beautiful kitchen, living areas, 1bed, 3/4 bath. Mini split w/ A/C, granite counters, vinyl plank flrs, covered porch, Hardi plank exterior/metal roof. Main garage is 624sf w/shelving & attic storage. Water supply from private well. Fenced in 1,332sf concrete patio surrounds inground heated swimming pool w/solar & winter covers. Property is equipped w/ extensive underground sprinkler system. Oversized greenhouse, 18'x36', raised beds, fans, automated sprinklers. Fenced garden area, 21+ raised beds w/ automatic drip system...all organic. Several other outbuildings for storage &wood shed. No HOA fees. Close to shopping/amenities. JBLM is an easy commute. Don't miss this opportunity!

14913 Champion Estates Drive SE, Yelm

Listing courtesy of Yelm Windermere.

$2,250,000
2553317 MLS ⋅ ACTIVE Status
Welcome to the Avalon! An appealing multifamily investment opportunity located at 201 N Commercial Street in Bellingham, Washington. Originally built between 1900 and 1906, the property is a two-story, sixteen-unit apartment community located in downtown Bellingham. Built as ten large flats, the Bellingham Herald described the building as “the leading fashionable apartment house in the city and the most modern.” Tenants enjoy nine-foot ceilings throughout all units, with ample natural light provided by large windows in nearly every room. The original fir siding remains in excellent condition, contributing to the historic charm of the property. The property unit mix consists of two studios with approximately 400 square feet, eight one-bedrooms averaging approximately 600 square feet, and six two-bedrooms averaging approximately 930 square feet. All units retain their original trim, and many retain original fir flooring that’s been repainted over time. Some units have been upgraded with baseboard heat, and all units have radiator heat served by a steam boiler in the basement. There is no known knob-and-tube wiring, and Square D electrical panels supply electricity to the units. Supply lines have been replaced with pex plumbing in nearly all units. The Avalon offers excellent price-per-pound metrics of $140,625 per unit and $201 per foot, not including the large basement. The Avalon provides an excellent, risk-adjusted income stream with room for growth in the long term.

201 N Commercial Street, Bellingham

Listing courtesy of John L. Scott, Inc.

$775,000
2553164 MLS ⋅ ACTIVE Status
Excellent investment opportunity in the desirable Cascade Park area! This well-maintained townhome-style duplex offers strong rental appeal with spacious floor plans, private backyards, and attached two-car garages for each unit.Unit 1 features approximately 1,536 square feet with 3 bedrooms and 2.5 bathrooms. The main level includes a comfortable living room, kitchen, dining area, and convenient half bath, while all three bedrooms and two full bathrooms are located upstairs.Unit 2 offers approximately 1,440 square feet with 2 bedrooms and 2.5 bathrooms. The main level features the living room, kitchen, dining area, and half bath, with both bedrooms and two full bathrooms upstairs.Both units include dedicated laundry spaces, forced-air heating, low-maintenance vinyl siding, attached two-car garages, and private fenced backyards with easy-care turf. Long-term tenants provide immediate income potential, making this an outstanding opportunity for investors or those looking to add a quality duplex in a highly desirable location. Conveniently located near shopping, restaurants, parks, schools, and easy freeway access.

11912 SE 7th Street, Vancouver

Listing courtesy of Windermere Northwest Living.

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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