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$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.

$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.

$4,400,000
2446667 MLS ACTIVE Status
Rare 20-plex in fantastic Bellingham location! 3330 Northwest Avenue features twenty 888 SF, 2-bedroom, 2-story townhouse-style units, each with private back patios & in-unit laundry. Continuous low-vacancy & promising future upside potential make this a fantastic investment opportunity. The property, comprised of two 4-plexes & two 6-plexes, backs up to the Bellingham Golf & Country Club, offering a desirable setting & strong tenant appeal. Situated on a spacious lot with 42 parking spaces & an additional ±15,000 SF of vacant land, there’s excellent potential for future expansion or additional units. A well-maintained and income-producing 20-plex in a prime location with upside—perfect for investors seeking long-term stability & growth.

3330 Northwest Avenue, Bellingham

Listing courtesy of Windermere RE Whatcom, Inc..

$9,000,000
2439882 MLS ACTIVE Status
Exceptional investment opportunity! This newer 22-unit build is located in the vibrant core of Shoreline, just a short walk to the Light Rail Station. Designed w/ functionality & style in mind, the property is fully fenced & features secured parking w/ 19 stalls. Each unit offers an open floor plan w/ in-unit laundry, contemporary finishes, & modern aesthetic that tenants will love. Top-floor units boast soaring 10-ft ceilings for elevated living. Residents enjoy access to premium amenities including an elevator, bike storage, gym, community room. For peace of mind, the property is equipped w/ a live security camera feed in all accessible common areas. Turnkey, low-maintenance asset in a growing rental market w/ strong upside potential.

2152 N 185th Street, Shoreline

Listing courtesy of Keller Williams Rlty Bellevue.

$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.

$4,500,000
2440780 MLS ACTIVE Status
Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.

1401 S Holgate Street, Seattle

Listing courtesy of Urban Commercial Partners, LLC.

$5,250,000
2431025 MLS ACTIVE Status
Waterfront Park Apartments offers a rare turnkey investment on the Silverdale waterfront. This fully renovated 20-unit community boasts a 5.97% cap rate and a 6.08% cash-on-cash return on current rents. The property features 16 spacious two-bedroom townhome-style units and 4 one-bedroom units, averaging 758 SF. Ownership has invested over $1.1M in capital improvements, delivering modern finishes and durable systems throughout—new roofs, Hardie siding, cabinetry, stainless steel appliances, in-unit washers/dryers, upgraded electrical and mechanical systems, and stylish interior updates. The result is a low-maintenance, high cash-flowing asset poised to capture long-term rent growth in one of Kitsap's most desirable waterfront locations.

8755 Shore Place NW, Silverdale

Listing courtesy of Blake Investment Advisors.

$1,750,000
2409301 MLS ACTIVE Status
Price Improvement 100k! The Alana Apartments present a rare opportunity to acquire a fully renovated 9-unit multifamily property in Tacoma. This turnkey asset features modern interiors with vinyl plank flooring, quartz countertops, new cabinetry, and upgraded fixtures, including brand-new water heaters. Exterior upgrades include fresh paint, updated railings and decking, brand-new exterior doors, a new main electrical panel, and ample off-street parking. The property offers on-site laundry and dedicated storage for each unit. With all major updates complete, the Alana Apartments deliver low-maintenance operations and strong market performance—ideal for investors seeking a stabilized asset for long-term efficiency and reliable income.

301 S 82nd Street, Tacoma

Listing courtesy of Windermere R E Mount Baker.

$2,000,000
2390679 MLS ACTIVE Status
Portfolio of SEVEN 2 and 3 bed CONDO UNITS located at the well maintained + professionally managed Gilmanor Building, a premier Magnolia Community. Unique investment and perfect 1031 exch opportunity offers investors strong cash flow, stable rents in high appreciation zip code. Each unit is thoughtfully designed for comfort+ efficiency, ranging in size from 786-1081 sf. Units feature gas fireplaces, private balconies and newly renovated interiors. Building amenities include on-site laundry, intercom entry system, elevator, assigned parking spots and additional storage. Convenient location offers easy access to major employers, close proximity to Magnolia Village and Discovery Park. Walk Score of 77 and Bike Score of 62

4051 Gilman Avenue W, Seattle

Listing courtesy of John L. Scott, Inc.

$5,500,000
2375807 MLS ACTIVE Status
Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential—buyer to verify.

8214 Greenwood Avenue N, Seattle

Listing courtesy of COMPASS.

$4,900,000
2335192 MLS ACTIVE Status
Invest in a piece of Seattle’s storied past with this turnkey mixed-use property in Pioneer Square. Built in 1900, this well maintained 4 story building blends historic character with modernity, for dependable returns and future growth. Residential units offer 13 tastefully designed units, including 4 upscale penthouses with rooftop decks, 4 spacious lofts, 4 micro lofts, and 1 large studio. Units feature open layouts, contemporary finishes, and rich hardwood flooring, with on-site laundry and an elevator. On the ground level, two retail spaces are fully leased, ensuring steady cash flow. Set on bustling 1st St with street parking and a Walk Score of 96, this asset stands as a dynamic investment opportunity in the heart of Pioneer Square.

213 1st Avenue S, Seattle

Listing courtesy of COMPASS.

$1,450,480
2317063 MLS ACTIVE Status
This rare 2013-built and fully updated 5-unit multifamily property delivers immediate income with virtually zero deferred maintenance. Perfectly configured as a 3-unit triplex plus two spacious townhomes (one with garage), every unit features separate water, sewer, and electric meters — keeping expenses predictable and ownership effortless. Live in one upgraded townhome and let the other four units pay the mortgage, or rent all five for strong, stabilized cash flow. Covered parking and modern finishes add tenant appeal in today’s market. Zoned Residential High on a .19-acre lot, it offers exciting value-add potential: legally create 5 separate condominium units and sell individually for long-term upside in Wenatchee’s high-demand market.

1201 Monitor Avenue, Wenatchee

Listing courtesy of KW NCW.

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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