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$1,400,000
2493653 MLS ACTIVE Status
The Ballard Seven is a 7-unit apartment complex located just blocks from Ballard High School. The property unit mix consists of (1) Studio, (3) 1 bedroom/1bath and (3) 2 bedroom/1bath apartments. One 2 bedroom apartment is 1,100 sf and features a large rooftop terrace. The apartment interiors have been diligently maintained by the current ownership, which includes recent plumbing and electrical upgrades. This offering presents an investor with a cash-flow positive investment on day 1 with a simple value add path to an above market cash on cash return. The property has historically low vacancy and the current rents are within 10% of market rates which offers an attractive risk profile for an investor.

7329 15th Avenue NW, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,399,000
2570048 MLS ACTIVE Status
Excellent investment opportunity! Well-maintained 6-plex in a convenient close-in urban location with easy access to I-5, shopping, transit, and area amenities. Strong income-producing property with all six units currently occupied; many tenants have been in place for 6+ years, providing a stable rental history. Units have been updated including granite countertops in the kitchen, and the property features a large concrete driveway with dedicated parking stalls for residents. Potential additional lot or development opportunity at the front of the property- buyer to verify zoning, development potential and feasibility with the appropriate jurisdiction. Please do not disturb tenants. Drive-by and exterior viewing are welcome.

17816 44th Avenue W, Lynnwood

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,375,000
2542138 MLS ACTIVE Status
Rare opportunity to acquire a six-unit apartment building in Carnation. Seller financing offered with ~35% down and interest-only payments during the first year, allowing the new owner to maximize cash flow while renovating units, increasing rents, and stabilizing the property before principal payments begin. Situated on a 15,152 SF corner lot with R-24 zoning, the property offers future expansion or redevelopment potential (buyer to verify), adding long-term value beyond the existing improvements. Unit mix consists of (3) 2-bedroom and (3) 1-bedroom units. Long-term month-to-month tenants provide flexibility for future improvements and repositioning. Current rents are approximately 40% below projected market rents following renovations, creating exceptional value-add potential. Additional income is generated through the on-site common laundry, and current tenants reimburse the owner for utilities, helping offset operating expenses. Additional features include ample parking, a roof with substantial remaining useful life, and recently replaced upper decks. Ideally located in downtown Carnation, just minutes from Snoqualmie, with convenient access to SR 520, Microsoft, Redmond, and Bellevue. A compelling opportunity to acquire a value-add multifamily asset with flexible financing, strong upside, and long-term appreciation potential in one of King County's most supply-constrained rental markets.

31624 W Rutherford Street, Carnation

Listing courtesy of Real Broker LLC.

$1,375,000
2540936 MLS ACTIVE Status
Rare mixed-use investment opportunity offering the ideal blend of commercial visibility and residential income. This well-maintained property features a beautifully updated storefront with display windows, lobby, kitchen, and bathrooms - perfect for an owner-user or a variety of retail, office, or service businesses. Behind the commercial space are 4 units of varying sizes, including a spacious 3 bed/2 bath apartment ideal as an owner’s residence or premium rental. Interiors have been thoughtfully updated while maintaining character, creating attractive living spaces that tenants love. Amenities include on-site coin-operated laundry, basement storage, & off-street parking spaces. A corner lot with excellent street visibility create a lasting appeal for both commercial & residential tenants, helping support long-term occupancy. Strong income history with room for future upside makes this an outstanding addition to any portfolio, while the live/work potential offers flexibility that’s increasingly difficult to find. Located in Tacoma’s vibrant Three Bridges/North Tacoma neighborhood, you’ll enjoy a highly walkable setting surrounded by popular coffee shops, local restaurants, boutiques, salons, parks, and neighborhood services. Just minutes from the University of Puget Sound, Proctor District, 6th Avenue, Ruston Way waterfront, and major commuter routes, this location continues to attract both residential tenants and thriving local businesses.

2102 -2108 N Oakes Street, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$1,350,000
2570351 MLS ACTIVE Status
Edmonds Bowl 5 Unit, offered for the first time in over 45 years and Ideally situated in the heart of Downtown Edmonds, just blocks from Main Street and the waterfront. Sellers are open to Seller Financing terms from qualified buyers. Please reach out for terms. Upper-level units offer attractive water, mountain, and territorial views, enhancing overall tenant appeal. The building showcases a classic mid-century design centered around a private courtyard, creating a unique and inviting living environment. Residents benefit from a common laundry and storage area, while ample off-street parking is provided via five surface stalls and a spacious two-car garage. This asset presents a compelling value-add opportunity with clear pathways to increasing rental income through interior upgrades and operational improvements. With its irreplaceable location, strong in-place fundamentals, and multiple avenues for value creation, this offering is well-suited for investors seeking a stable, well-located asset with significant long-term growth potential.

324 3rd Avenue S, Edmonds

Listing courtesy of Paragon Real Estate Advisors.

$1,350,000
2566478 MLS ACTIVE Status
Exceptionally well maintained investment property featuring a 4 plex plus an additional one bedroom standalone loft apartment. above a spacious two-car garage/shop. Perfectly positioned to capture breathtaking 180-degree views of Lake Chelan and Wapato Point, this property offers an outstanding combination of location, quality and income potential. Every unit has been renovated within the past 4 years and is complimented by a newer roof and updated HVAC systems, providing peace of mind for years to come. Each fourplex apartment features its own fireplace, large covered deck with panoramic lake views and a dedicated 2 space carport,creating an attractive living environment for tenants. Located just minutes from downtown Manson, residents enjoy convenient access to restaurants, shopping, wineries, community parks, boat launches, and public swimming areas. Whether you're seeking a premium income -producing property or a long tern investment in the heart of the Lake Chelan Valley, this exceptional offering is a rare opportunity.

57 Katalpa Lane, Manson

Listing courtesy of Windermere RE/Lk Chelan Midtwn.

$1,350,000
2477475 MLS ACTIVE Status
Turnkey downtown Leavenworth Bed & Breakfast grossing ~$200k annually with proven, verifiable income. Operated as three independent booking units: main level commercial lounge space with attached private owner or guest suite and half bath, upper level features three spacious lock off bedrooms, each with full en suite bathroom and shared kitchen, living and deck areas, lower level is a fully separate one bedroom apartment with private entrance, full kitchen and living room. Prime Front Street location steps from shops, restaurants and festivals. Completely furnished turnkey sale includes all furniture, décor, linens and established bookings. Ideal live in owner opportunity. Full financials with NDA. Rare high cash flow opportunity!

1112 Commercial Street, Leavenworth

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,300,000
2492452 MLS ACTIVE Status
Turn-key 8-unit asset with strong income potential and multiple operating strategies. Property is currently configured as hotel-style studio units, each fully furnished with a full bath and kitchenette, and was previously operated as overflow lodging for a nearby hotel. Units are separately metered for electric, providing flexibility to continue as short-term or extended-stay lodging, or reposition as long-term rentals for more traditional multifamily cash flow. Strong rent-per-square-foot potential with additional value-add upside. Property features 8 ground-level parking spaces plus a second-floor storage room already plumbed for future laundry installation. First time on the market — owned by the original owner with recent roof replacement and major capital improvements already completed. Excellent access to I-5 and Hwy 99, with close proximity to downtown supporting consistent rental demand and long-term investment appeal.

1120 N 91st Street, Seattle

Listing courtesy of Real Broker LLC.

$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.

$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..

$1,250,000
2504180 MLS ACTIVE Status
Excellent investment opportunity in a prime Lynden location. This well-maintained 6-unit multifamily property sits at the end of a quiet dead-end street and features a large off-street parking lot and spacious grassy backyard. Each townhouse-style unit offers 2 beds/1 bath, a private patio with storage locker, and updated vinyl flooring, with some units featuring new interior paint and flooring. Tenants enjoy a shared coin-op laundry room, recently refreshed with new paint and flooring, plus a large locked storage room for owner use. Recent exterior upgrades include all new hard-plank siding, new exterior paint, and a newer metal roof. Strong rental history with upside potential and opportunity to lease remaining units at market rates. Conveniently located near downtown Lynden, shopping, dining, parks, and schools.

211 Maple Street, Lynden

Listing courtesy of Bellwether Real Estate.

$1,250,000
2490382 MLS ACTIVE Status
Investment opportunity of a lifetime! This property alone is sufficient to be a generational wealth type portfolio. One of the nicest multi-unit properties in the area, a very well kept 10-unit apartment building in a great location. Tucked away in a private spot, accessed by a dead-end driveway, with a paved parking lot and a low maintenance yard. Highly desirable location for renters, only moments away from the school, local gym and City Hall with the Police Department, and also adjacent to storage units. Property can easily be taken over by new ownership - the building is very well kept and can seamlessly continue producing income without any major pressing costs. Solid rental history and consistent tenant demand make this a very stable investment. The property is connected to highly desirable City water and sewer, has a nice outbuilding and a coin-operated laundry room. Paved walkways, fenced back yard, landscaped courtyard - this place is as nice as it gets and there won't be another one just like it.

97 S Elderberry Avenue, Forks

Listing courtesy of Ideal Real Estate.

$1,200,000
2441593 MLS ACTIVE Status
Four plex & Duplex located on three adjoining tax parcels in the City of Raymond, Pacific County, Washington, in a HUD designated Census Opportunity Zone which offers many tax advantages for the wise investor! Beautifully Landscaped with apple, pear, cherry and walnut trees, each unit has one or two car covered parking with attached storage unit and washer and dryer hookups. The four plex is townhouse style with upper story decks with views of the South Fork of the Willapa River, Riverview neighborhood and City of Raymond. Each unit in the duplex has a garage and washer and dryer hookups. Both buildings have fresh paint and are well maintained. There is even an extra lot to add more units! Broker is co-owner.

910 Barnhart Street, Raymond

Listing courtesy of Davis Insurance & Real Estate.

$1,199,950
2560133 MLS ACTIVE Status
Prime Green Lake location just one block from the lake! This fully occupied five-unit property includes two buildings situated on a single tax parcel, offering a total of approximately 3,275 square feet of living space. The west building is a 3-bedroom, 1-bath home with approximately 1,280 square feet, while the east building consists of four 1-bedroom units. The units feature open floor plans and abundant natural light. Property improvements include updated roofs, siding, windows, exterior paint, and electrical systems. Unit #2 was recently remodeled. Additional features include separately metered electrical service, coin-operated laundry, and on-site storage units. With a historically low vacancy rate, strong rental demand, and opportunities to increase income, this property presents an attractive investment opportunity. LR3 zoning may provide additional development potential. Current cap rate: 6.15%.

7103 Linden Avenue N Unit #1-5, Seattle

Listing courtesy of Lotside.

$1,195,000
2547568 MLS ACTIVE Status
Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$1,185,000
2569169 MLS ACTIVE Status
HUGE INVESTMENT OPPORTUNITY! Approximately 5 acres along the Mount Baker Highway corridor featuring a unique collection of residential and shop improvements and currently bringing in $12,650 / mo in rent. The property includes a 3-bedroom residence situated away from the road, flexible lower-level living areas with multiple bedrooms, kitchens, baths, and separate entrances, a manufactured home near the highway frontage, and a secluded beautiful and private RV area located further back on the property with septic/power/water. Additional improvements include a 40' x 60' clear-span shop building and a 40' x 40' shop with additional upper-level space. Ample parking, open yard areas, and excellent access create a versatile property with a rare combination of residential, shop, storage, and outdoor space. Conveniently located 10 minutes from I-5 and on the way to Mount Baker recreation areas.

3092 Mt Baker Highway, Bellingham

Listing courtesy of Muljat Group.

$1,150,000
2547331 MLS ACTIVE Status
Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more depending on what extent of upgrades are performed on the two unrenovated units.

2519 Baker Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$1,100,000
2568515 MLS ACTIVE Status
$157,143 PER UNIT IN A+ TACOMA LOCATION | The Prime Stadium District 7-Unit is a turnkey apartment investment in one of Tacoma's most sought-after neighborhoods. The three-story building consists of five one-bedroom units averaging approximately 606 square feet and two studios averaging approximately 520 square feet, a unit mix that has proven easy to keep full in this submarket. The renovation work is already done. Current ownership has updated every unit with a mix of refinished hardwood floors, granite countertops, new kitchen cabinetry, stainless steel appliances, tiled backsplashes, new bathroom tub surrounds, vanities, toilets, and LED lighting. Ownership also installed a brand-new composition roof last year, taking the largest near-term capital expense off the table for a new owner. Units 1 and 6 have in-unit washers and dryers, and the remaining units share a common laundry room in the basement. The property sits on a corner lot within walking distance of the restaurants, retail, and amenities that define the Stadium District, with convenient access to Tacoma's major employment centers. That location, in a safe and affluent neighborhood, is why operations have been exceptionally stable with near-zero economic vacancy throughout current ownership.

222 N I Street, Tacoma

Listing courtesy of Blake Investment Advisors.

$1,099,990
2517689 MLS ACTIVE Status
Prime mixed-use investment opportunity in the heart of Blaine, WA. This 3,000 sq ft income-producing commercial building offers a strong blend of residential and retail revenue streams in a high-demand, walkable location. Featuring multiple fully leased units, this property provides immediate cash flow with upside potential. The upper level includes two remodeled residential units, each approximately 750 sq ft with 2 bedrooms and 1 full bath, showcasing modern upgrades such as custom cabinetry, luxury vinyl plank flooring, tile finishes, updated appliances, new windows, and doors. The main level offers flexible commercial space with established retail presence, three office suites, and an additional residential unit, creating diversified income sources. Recent capital improvements include new cement board siding, a new roof, and composite exterior stairs, enhancing long-term durability and reducing future maintenance costs. Ample parking is available via alley access and street frontage. Strategically located near downtown Blaine, I-5, and the US/Canada border, this property benefits from consistent local traffic and cross-border economic activity. Ideal for investors seeking a stabilized asset with mixed-use zoning, strong rental history, and long-term appreciation potential.

357 Martin Street, Blaine

Listing courtesy of Windermere RE Whatcom, Inc..

$999,999
2501776 MLS ACTIVE Status
Rare redevelopment opportunity in Burien on Des Moines Memorial Drive South. Two tax parcels sold together totaling 23,784 SF, zoned MU-2 — permitting up to 65 feet in height with no FAR cap. Qualifying mixed-use buildings may achieve up to 85 feet. This corridor zoning is purpose-built for midrise mixed-use development and represents one of the more compelling land opportunities in South King County. Three tenants currently in place: two residential homes and a commercial space leased to a motorcycle business, producing $2,900/month gross. Level street-to-street lot with frontage on both Des Moines Memorial Dr S and Roseberg Ave S. Easy access to Sea-Tac Airport, I-5, and SR-509. Minutes to North Sea-Tac Park, shopping, dining, and transit. Ideal for a developer, investor, or owner-user. Shown by appointment with accepted offer or signed LOI. Do not disturb tenants. All information deemed reliable but buyer to verify to buyer's satisfaction.

12644 Des Moines Memorial Dr, Burien

Listing courtesy of John L. Scott, Inc..

$999,500
2551028 MLS ACTIVE Status
Turnkey Aberdeen multifamily investment with immediate cash flow! The best deal on market with a 9.09% cap rate! The Cambridge Apartments features 11 units totaling ~7442 sq ft on a centrally located corner lot near downtown. The unit mix includes one 1 bed/1 bath and ten studio units, many with oversized walk-in closets that provide added flexibility for tenants. Professionally managed and fully occupied, the property currently generates approximately ~$10,307/month in gross rental income with an estimated 9.09% cap rate. Residents enjoy a large coin-operated laundry room and ample off-street parking. Recent improvements include electrical, plumbing, flooring, water heaters, and more. The property is professionally managed and benefits from regular professional cleaning and ongoing maintenance. Potential to create two additional units by utilizing the unfinished attic space and reconfiguring the existing laundry room. Managed by local PM company, Rentals by Spivey. A rare opportunity to step into a stabilized asset with strong income today and additional upside for the future!

201 N F Street, Aberdeen

Listing courtesy of Spivey Realty Group, LLC.

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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