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$4,200,000
2566437 MLS ACTIVE Status
Constructed in 1959 and comprehensively renovated in 2016, The Edge Apartments is an exceptional 13-unit apartment community offers investors a rare opportunity to acquire a stabilized, turn-key asset in one of Seattle's most desirable rental markets. The extensive renovation modernized the property throughout, including updated plumbing and electrical systems, creating a low-maintenance investment with strong in-place cash flow and long-term ownership appeal. The property consists of 8 one-bedroom and 5 two-bedroom apartments, each designed with finishes that today's renters value. Every unit features quartz countertops, stainless steel appliances, in-unit washers and dryers, and contemporary LVT flooring in the common areas. Select apartments include fireplaces, while the top-floor residences enjoy private balconies with peek-a-boo views of the Seattle skyline and Puget Sound. Residents also benefit from a spacious second-floor patio with a community grill, providing an attractive outdoor gathering space that enhances the tenant experience. The property offers an attractive value-add component through ten individual secured garage and storage spaces. Currently generating approximately $10,800 in annual income, these oversized garages provide immediate supplemental revenue with meaningful upside through rent increases to market rates. The property is well-positioned to capitalize on continued tenant demand for secure parking and storage.

2515 Thorndyke Avenue W, Seattle

Listing courtesy of Westlake Associates, Inc..

$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.

$6,650,000
6 Beds 7 Baths 2560073 MLS ACTIVE Status
A one-of-a-kind waterfront estate in coveted Windermere, offering 82 feet of level, bulkheaded shoreline that extends well beyond the neighboring parcels. Southeast exposure frames sweeping views toward Mount Rainier, while nearly 10,000 gross square feet deliver grand-scale living with Mediterranean-inspired architecture. A dramatic double-height entry with stained-glass skylight sets the tone, complemented by an indoor pool, dedicated gym with sauna, elevator, and garage parking for five cars. Privately nestled in front of mature landscaping, the property offers exceptional lakefront hardscape, expansive entertaining spaces, and remarkable potential for a refined modern transformation. Arrive by land or water, relax on the recently rebuilt private dock with included boat lift, and enjoy access to Windermere Park and Beach Club and neighborhood security.

6669 N NE Windermere Road, Seattle

Listing courtesy of Real Residential.

$4,496,000
2563184 MLS ACTIVE Status
ALKI BEACH | Capturing the Pacific Northwest Lifestyle at Its Finest A rare opportunity to own one of Alki Beach's iconic historic brick apartment buildings, where timeless architecture meets one of Seattle's most sought-after waterfront locations. Built in 1928, this architectural gem showcases beautifully crafted masonry, rich period details, and exceptional craftsmanship that simply cannot be replicated today. It has stood as part of Alki's identity for nearly a century. Positioned directly across from Alki Beach, residents enjoy unobstructed views of Puget Sound, the Olympic Mountains, breathtaking sunsets, and the ever-changing beauty of the Pacific Northwest. Watch Washington State ferries cross Elliott Bay, sailboats glide along the shoreline, and commercial vessels navigate one of the world's most scenic waterways, all from home. Just outside the front door, experience the best of Alki's vibrant beach community. Walk to popular restaurants, cafés, and waterfront attractions, or enjoy miles of sandy shoreline. The 2.5-mile Alki Trail is perfect for walking, jogging, biking, rollerblading, or taking in spectacular evening sunsets. Spend summer evenings gathered around the beach fire pits, launch a paddleboard or kayak, or simply relax while enjoying the sights and sounds of Seattle's most beloved waterfront. This is more than an investment. It is an opportunity to own a landmark property in one of the city's most iconic and enduring neighborhoods.

2452 Alki Avenue SW, Seattle

Listing courtesy of John L. Scott, Inc..

$7,000,000
2562347 MLS ACTIVE Status
Kidder Mathews is pleased to present Naomi & Charmaine, a 39-unit vintage apartment community located at 625–627 4th Avenue W in Seattle’s highly desirable Lower Queen Anne neighborhood. The offering consists of two classic brick buildings constructed in 1929 and 1930, featuring hardwood floors, built-in cabinetry, and timeless architectural details. The unit mix includes 32 studios and seven one-bedroom units, with 31 classic units providing a clear renovation and rent-growth opportunity. The property totals approximately 19,610 rentable square feet and includes shared laundry and 10 off-street parking stalls. Recent improvements include tuck-pointed masonry, re-caulked double-pane windows, TPO membrane roofs, breaker-panel electrical systems, updated plumbing, and central hot water. Residents benefit from a walkable location near Seattle Center, Climate Pledge Arena, grocery stores, restaurants, entertainment, Downtown Seattle, and South Lake Union employment centers. Naomi & Charmaine offers investors attractive scale, irreplaceable vintage character, and meaningful value-add upside in one of Seattle’s most established rental markets.

625 4th Avenue W, Seattle

Listing courtesy of Kidder Mathews.

$7,700,000
2558493 MLS ACTIVE Status
Fully renovated, turnkey mixed-use asset located in the heart of the West Seattle Junction, The EOS consists of 15 luxury apartments situated above four fully leased retail spaces, offering a diversified income stream in a premier urban location. All 2BD units with W/D, balconies, and modern interior finishes. 17 open and covered residential parking spaces located at the rear of the building and 8 open commercial parking spaces at the front of the property. Built in 1980 and renovated, EOS offers investors a true turnkey ownership opportunity with a low maintenance profile. The building features an elevator, renovated formal lobby, Amazon package lockers, copper plumbing, newer lower roof, and freshly upgraded common areas. Located just steps from the West Seattle Junction’s premier restaurants, shops, and cafes, this asset is priced at an in-place 6.00 percent cap rate, providing strong in place cash flow with long term value growth driven by transit-oriented development

5631 California Avenue SW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$5,000,000
2558190 MLS ACTIVE Status
Hollywood Court is a 25-unit multifamily investment located in Seattle's highly desirable Capitol Hill neighborhood. The property consists of two buildings: the original 19-unit Hollywood Court, constructed in 1907, and a newer 6-unit building completed in 1998, offering investors a unique blend of historic character and more modern construction. Hollywood Court presents a compelling value-add opportunity in one of Seattle's most established and supply-constrained rental markets. The property benefits from a diverse unit mix and strong in-place occupancy, with the opportunity to enhance revenue through interior renovations, operational improvements, and continued alignment to market rents. Ideally positioned in the heart of Capitol Hill, the property offers unmatched access to Seattle's top lifestyle amenities and employment centers. Residents are within walking distance of light rail, Seattle Central College, Cal Anderson Park, and a vibrant mix of restaurants, cafes, and nightlife, while also maintaining close proximity to major employers in South Lake Union and Downtown Seattle, With its scale, location, and repositioning potential, Hollywood Court represents a rare opportunity to acquire a legacy asset with both near-term upside and long-term appreciation in one of Seattle's most dynamic rental submarkets.

1716 Boylston Avenue, Seattle

Listing courtesy of Kidder Mathews.

$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.

$6,950,000
5 Beds 6 Baths 2554559 MLS ACTIVE Status
Live at the pinnacle of Queen Anne Hill, where spectacular views encompass the Seattle skyline, Mount Rainier, Elliott Bay, Puget Sound, West Seattle, and the Olympic Mountains. This exceptional estate offers 5 bedrooms, 5.25 baths, and approximately 7,900 sq ft of beautifully renovated living space on a rare 22,500 sq ft corner lot. Expansive windows fill the home with natural light and showcase breathtaking views from multiple rooms, including the luxurious primary suite. Generous indoor and outdoor living spaces are ideal for elegant entertaining and comfortable everyday living. The beautifully landscaped backyard offers exceptional privacy, creating a peaceful urban retreat with multiple patios and a covered, heated outdoor pool. The lower-level guest suite includes an additional bedroom, full bath, full kitchen, laundry, and private exterior entrance, offering excellent flexibility for guests or extended living. Enjoy the coveted Queen Anne lifestyle, with neighborhood boutiques, cafés, bistros, parks, and everyday conveniences nearby, along with easy access to Seattle Center, downtown, and the waterfront. A rare opportunity to own an extraordinary estate in one of Seattle’s most desirable neighborhoods.

421 W Highland Drive, Seattle

Listing courtesy of Coldwell Banker Danforth.

$4,590,000
5 Beds 8 Baths 2553710 MLS ACTIVE Status
IINNISFREE | Broadview Commanding over half an acre of private, gated grounds, Innisfree is a landmark Broadview estate designed by Jeffrey Loveless. Named after W.B. Yeats’ idyllic poem, this Mediterranean residence pairs sweeping views of Puget Sound and the Olympic Mountains with luxury amenities. The main level features soaring ceilings, rich hardwoods, and hand-carved Honduran mahogany millwork. Formal spaces for grand-scale entertaining flow into everyday living areas, including a mahogany library, 5 fireplaces, a 2,500-bottle wine cellar, a 3-tiered THX home theater, and a chef’s kitchen with a 60-inch Viking range, dual Sub-Zero refrigeration, and two Bosch dishwashers. Perfect for hosting, the estate features 8 individual bathrooms: a primary suite with a spa-inspired bath, a main-level guest suite, three additional upstairs suites, a lower-level 3/4 bath, and two powder rooms. The lifestyle amenities are unmatched, featuring a professionally finished indoor sport court with premium TaraFlex athletic flooring—offering a year-round training space independent of weather. Outside, manicured grounds feature English rose gardens, multiple fountains, private terraces, a dog run, and an all-weather porch with a gas barbecue. Includes AC and a 3-car garage. In a city of remarkable homes, there is only one Innisfree.

14405 3rd Avenue NW, Seattle

Listing courtesy of Windermere Real Estate Co..

$4,300,000
2552631 MLS ACTIVE Status
Come see all that Eastbay Apartments has to offer! A boutique mixed-use investment opportunity located in Seattle’s desirable West Queen Anne neighborhood. Built in 2011, the Property consists of 12 multifamily units & two ground floor commercial spaces, offering investors diversified income within one of Seattle's most sought after urban sub markets. The Property features a well-balanced unit mix including one studio unit, four one-bedroom units, three two-bedroom/one-bath units, two two-bedroom/two-bath units, and two top-floor two-bedroom/two-and-a-half-bath townhome units with private rooftop decks. The units feature spacious layouts & premium interior finishes, including in-unit washer/dryers, granite countertops, stainless-steel appliances & modern cabinetry designed to appeal to Seattle’s professional renter demographic. Eastbay Apartments benefits from its strategic location in West Queen Anne with convenient access to Seattle’s major employment centers including South Lake Union, Downtown Seattle, Ballard, and Interbay. The surrounding neighborhood provides residents with proximity to Magnolia’s parks, waterfront amenities, restaurants, and neighborhood retail destinations, creating a strong live-work-play environment that continues to attract young professionals and families. The Property also includes two levels of secured garage parking with 15 spaces and 12 on-site storage units, enhancing tenant convenience and supporting long-term occupancy stability.

3232 15th Avenue W, Seattle

Listing courtesy of John L. Scott, Inc.

$3,200,000
2552535 MLS ACTIVE Status
Pasadena Place is a rare eight-unit multifamily opportunity located just minutes from the University of Washington, consisting of five townhomes and one triplex across three buildings. All townhomes were built in 2008, the triplex was built in 1927 and renovated in 2025. The property offers a desirable mix of spacious 2-, 3-, and 4-bedroom units averaging approximately 1,000 square feet, creating broad rental appeal in a high-demand neighborhood. All units in the triplex and one townhome have been recently renovated, while the remaining townhomes present a clear value-add opportunity through interior upgrades. Pasadena Place offers investors both stable in-place cash flow and future rental upside.

4218 Pasadena Place NE, Seattle

Listing courtesy of Real Broker LLC.

$4,500,000
2549082 MLS PENDING Status
Highly Attractive Seller Financing 3.85%, 20% Down, 5 Years. UW 17th Rooming Houses offers investors a rare opportunity to acquire two adjacent rooming houses in Seattle’s highly desirable U-District/Greek Row location, just a 4-minute walk to the University of Washington campus, 9-minute walk to the U-District Light Rail Station, and 20-minute walk to University Village. The property features a combined 45 bedrooms, 5 kitchens, 11 bathrooms, 11,560 rentable SF, 8,640 SF of land, and 6 parking stalls. With average in-place rents of approximately $719/bed compared to projected market rents of $850/bed, the asset provides clear upside through light interior updates, operational improvements, and potential reconfiguration strategies. New roofs were completed in 2023, with mostly updated plumbing and electrical systems, offering investors a strong foundation in one of Seattle’s most consistent student-housing rental markets.

4714 17th Avenue NE, Seattle

Listing courtesy of Kidder Mathews.

$45,000,000
5 Beds 12 Baths 2545854 MLS ACTIVE Status
Retreat to the Lake! Embracing European sensitivity to scale and time-honored materials, this 2009 built residence exudes elegance and comfort upon the breathtaking shores of Lake Washington in Central Seattle. The cast-in-place concrete house is softened by Boston ivy, tall, symmetrical wood windows, and the thoughtful, mature landscape. Spacious, gracious rooms open out to the expansive Wilkeson stone terrace overlooking the private gardens and Lake, Cascade Mountain and Bellevue skyline vista. Superb craftsmanship, inviting spaces, sophisticated finishes, elevator, 12 fireplaces. Olmsted legacy 160 ft natural pebble beach, Ipe boat dock, 82 ft swimming pool and spa terrace, flower and kitchen gardens. Enchanting redwood lakeside garden pavilion with stone fireplace. State-of-the-art Geothermal and Photovoltaic systems. There is no better place to experience Lake Washington, a stone's throw from Madison Park Village.

62526 RE Undisclosed, Seattle

Listing courtesy of Ewing & Clark, Inc..

$8,750,000
5 Beds 10 Baths 2545337 MLS ACTIVE Status
Landmark Edwin Ivey // A once-in-a-generation offering on Seattle’s most coveted residential street. Designed in 1924 by renowned architect Edwin Ivey, this Mediterranean Revival estate is majestically sited on five city lots in the heart of North Capitol Hill, blending historic pedigree with modern luxury. Spanning over 10,000 SF, the residence unfolds through grand yet livable spaces where timeless architecture, refined craftsmanship, and exceptional scale create a home equally suited to intimate living and large-scale entertaining. A spectacular chef’s kitchen anchored by a bespoke Officine Gullo cooking island flows seamlessly into expansive gathering spaces and dramatic indoor-outdoor living. Walls of French doors open to terraces, outdoor living rooms, fireplaces, dining areas, and a resort-inspired pool courtyard evocative of the Italian Riviera. Mature landscaping, specimen trees, and remarkable privacy create an atmosphere rarely found in an urban setting. Amenities include a wine cellar, indoor golf simulator, fitness studio, game room, secure motor court, four-car garage, and separate guest quarters. The primary suite offers a luxurious retreat with fireplace, sitting area, and garden outlooks, while additional bedroom suites provide flexibility for guests. Steeped in Seattle history yet curated for contemporary living, 1625 Federal Avenue East is a rare opportunity to acquire one of Capitol Hill’s architectural treasures.

1625 Federal Avenue E, Seattle

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$5,000,000
5 Beds 6 Baths 2524825 MLS ACTIVE Status
Step into timeless elegance in North Capitol Hill. Spanning 8,010 square feet, this 1913 built 5-bedroom masterpiece honors its original craftsmanship at every turn. A grand foyer and sweeping staircase set a breathtaking tone. To the right, an exceptional living room with a wood-burning fireplace flows into a sunroom overlooking Lake Washington. Opposite, a stately dining room awaits memorable gatherings. The second level features a dedicated office and two spacious en-suite bedrooms, including a primary suite with a private deck stretching the width of the room to frame stunning water views. The third floor offers two additional bedrooms and a billiard room. Below, the expansive lower level transforms historic scale into an entertainer's dream. Formerly a basketball court, this massive ballroom space now serves as a vibrant wine and music lounge, complete with a wine cellar and abundant storage. Situated on a premier, tree-lined street in Seattle's most storied enclave, this home perfectly balances quiet, sidewalk-lined historic luxury with the vibrant, walkable energy of Capitol Hill. A rare legacy home.

2218 E Prospect Street, Seattle

Listing courtesy of COMPASS.

$6,500,000
2543808 MLS ACTIVE Status
The Laureate presents a rare opportunity to acquire a well-maintained 23-unit multifamily asset building in the heart of the Seattle’s University District neighborhood and walking distance to both the University of Washington and the Link Light Rail Station. Originally built in 1961, the property benefits from recent extensive capital improvements and interior renovations, positioning the asset as a compelling combination of stable in-place income and future revenue growth potential. Ownership has invested significantly in the systems over the past 5 years: including a membrane roof replacement, replacement of all individual hot water tanks, securing and gating the parking for 17 vehicles, as well as overhauling the sprinkler system. Featuring a unit mix of 20 sizable 650 SF, 1-bedroom units and one 800 SF, 2-bedroom unit, select units have been renovated with modern finishes including luxury vinyl plank flooring, updated kitchens, stainless steel appliances, including dishwashers and in-unit W/D installations. All units feature A/C, and 1st floor units include patio access. The existing renovations provide future ownership with a blueprint to continue remodeling unit interiors and capture additional rental upside. Additionally, there is potential to assume the current debt with term through 2031.

4731 12th Avenue NE, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$4,500,000
2541407 MLS ACTIVE Status
6%+ cap rate in the heart of West Seattle Morgan Junction! Six tax parcels one building. Acquire 1031 then sell one unit every 2 years make this an advantageous tax move? New construction modern design & luxury commercial grade finishes combined with ideal location check all the boxes for landlord & tenant. Sustainability meets low cost of ownership make this the ideal investment opportunity. Nearly green built w/HE Mitsubishi in-ceiling ductless heating/cooling, dual Panasonic energy recovery ventilators, HE hybrid recirculating HW & heated tile floors. Open floorplan, floor to ceiling windows, ideal for entertaining. Rooftop deck w/commanding Puget Sound & Olympic Mountain views. Primary suite has dual WIC's w/custom built-in closet systems, dual sink vanity & custom shower tile/glass. Off-street parking with EV chargers. Urban living at its finest, steps to the Morgan Junction, dining, coffee, craft beers, Zeek's Pizza & the unsurpassed local & international selections of the West Seattle Town&Country/Thriftway. Minutes to Lincoln Park for hiking/biking & beach combing & Colman Saltwater Pool Seattle's ONLY saltwater swimming pool. Easy to rent, low turnover new construction with all the amenities tenants want make this a landlords dream.

6318 41st Avenue SW Unit #A-F, Seattle

Listing courtesy of Columbia Partners Real Estate.

$16,900,000
6 Beds 10 Baths 2539206 MLS ACTIVE Status
Repositioned at a compelling new value -  a rare opportunity to own and enjoy Laurelhurst’s most prized lifestyle, waterfront retreat. With over 200 ft of shoreline on almost an acre, a serene lagoon, private dock, & boathouse, this estate embodies the irreplaceable lakefront playground. Take in sweeping Cascade views, then shift from water to land w/lawn games or evenings by the firepit. Light-filled interiors & expansive living spaces blend effortlessly w/the outdoors, creating an inviting flow for relaxing or entertaining. The indoor pool, gym, gardens & rec room were designed for endless fun. Whether hosting or savoring quiet moments, this beautifully renovated home offers iconic Seattle style w/modern living. A truly special opportunity in Laurelhurst, w/ideal access to shopping, dining, downtown Seattle, & Bellevue. Meet the moment!

3038 E Laurelhurst Drive NE, Seattle

Listing courtesy of Windermere Real Estate/East.

$2,900,000
2539066 MLS ACTIVE Status
12-unit multifamily investment opportunity located in Seattle’s Capitol Hill neighborhood directly adjacent to Seattle Central College and the Capitol Hill Link Light Rail Station. Built in 1959, Harvard Court is situated on an 8,960 SF lot and offers strong in-place income with additional rental upside potential. Property features excellent access to downtown Seattle, with a direct light rail connection to Westlake Station in approximately 4 minutes. The location provides walkable access to shopping, dining, nightlife, and major employment centers throughout Capitol Hill and downtown. Zoned MIO-105-NC3-55 (M), the site also offers future redevelopment potential with zoning allowing heights up to 105 feet across a variety of permitted uses. Rare opportunity to acquire a well-located multifamily asset in one of Seattle’s strongest urban rental markets.

1818 Harvard Avenue, Seattle

Listing courtesy of Congress Realty.

$2,650,000
2536889 MLS PENDING Status
Admiral 7 consists of seven well-designed units featuring an attractive mix of spacious townhomes and flats. The unit mix includes four 2-bed-room, 1.5-bath townhome-style units averaging approximately 1,000 square feet, two 2-bedroom, 1-bath flats averaging 814 square feet, and one large 1-bedroom unit. Each unit offers functional and desirable layouts with large living rooms, dedicated dining areas, and open kitchens featuring modern updates. Interiors are enhanced by updated bathrooms, oversized closets, abundant natural light through large windows, and the convenience of in-unit laundry. Situated in North Admiral, one of West Seattle’s most coveted neighborhoods, the property benefits from a unique blend of coastal lifestyle and urban convenience. Residents are just minutes from Alki Beach’s vibrant waterfront scene, while also enjoying proximity to Admiral Junction’s neighborhood amenities, grocery stores, cafes, and restaurants.

3056 60th Avenue SW, Seattle

Listing courtesy of Westlake Associates, Inc..

$15,950,000
6 Beds 9 Baths 2531020 MLS ACTIVE Status
A rare Laurelhurst estate with 145 ft of Lake Washington shoreline. Reimagined by Schultz Miller with design by Olson Kundig, the home blends architectural lines, elevated interiors, and dramatic lake and Mt. Rainier views. Floor-to-ceiling glass opens to expansive patios and curated grounds by Land Morphology, with a rebuilt dock and 12,000 lb lift anchoring the waterfront. A private guest residence integrated into the design offers refined space for guests, staff, or extended living. The home includes a theater, gym, multiple offices, and a 5-car garage. Set at the end of a private lane with gated entry, it delivers ultimate privacy and unmatched security. A statement of design and scale rarely offered on Seattle’s premier shoreline.

4911 NE Laurelcrest Lane, Seattle

Listing courtesy of Coldwell Banker Bain.

$6,000,000
2526962 MLS ACTIVE Status
31-unit multifamily community situated in Seattle’s desirable Interbay/ Queen Anne area. Golfcrest offers investors meaningful renovation value-add upside, and seller financing is available for qualified buyers. The proposed seller financing terms are 5% interest-only rate, 25% down payment and a 5-year term. The property is comprised of a diversified unit mix that includes studio, one-bedroom, two-bedroom, and a Penthouse unit, making it well positioned to serve a broad tenant base in one of Seattle’s most supply constrained submarkets. Roughly 50% of the units have had the flooring replaced with LVP floors. Replacing the remainder of the flooring and improving the kitchens and bathrooms will result in a significant increase in rent. The property has been owned by the same family for the last 31 years. Ownership has spent over $225K in capital improvements over the last couple of years. These improvements reduce near-term capital expenditure risk while preserving the opportunity for an incoming investor to execute a targeted unit renovation program and capture meaningful rental upside.

2629 2633 14th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$3,300,000
2530121 MLS PENDING Status
Court 13 Apartments is a rare multifamily investment opportunity in Seattle’s highly sought-after Capitol Hill neighborhood. Offered for the first time in over 25 years, Court 13 benefits from a premier, amenity-rich location combined with strong asset quality, making it a compelling opportunity for both long-term investors and value-add buyers. Court 13 consists of three turnkey 4-unit buildings situated on three separate tax parcels. Two of the buildings, located at 913 and 915 13th Avenue and constructed in 1997, feature well-designed modern floor plans and desirable in-unit laundry in 6 units. Building 913 includes two 1-bed/1-bath and two 2-bed/1-bath units, featuring updated luxury vinyl plank flooring and contemporary finishes. Building 915 offers two 2-bed/1-bath units and two spacious 3-bed/2-bath townhouse-style units, highlighted by hardwood flooring, carpeting, and updated kitchens and bathrooms. The third building, located at 917 13th Avenue and originally constructed in 1900, comprises four heavily updated 1-bed/1-bath units featuring new cabinetry, stone countertops, modern bath vanities and tub surrounds, along with updated flooring and interior paint.

913 917 13th Avenue, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$4,000,000
2527028 MLS ACTIVE Status
The property consists of 19 one-bedroom / one-bathroom units, one one-bedroom + office / one-bathroom, and one three-bedroom / two-bathroom unit, totaling 14,975 rentable square feet across three stories of wood-frame construction. The property has been meticulously maintained during the current ownership and this is the first time the property has been marketed in 33 years. Current rents average below market across the portfolio, with one-bedroom units running approximately 6% below comparable market rents and the three-bedroom unit carrying meaningful additional upside. An investor operating the building at market rents and fully charging for parking and storage will bring the proforma cap rate to 7.0% with minimal capital needed. The building has been meticulously maintained throughout the current ownership. In 2016, elastomeric waterproof paint was applied to the rockcrete siding, the roof was replaced in 2019 along with the main water supply line, and in 2023/2024 the main sewer drain line and underground cast iron plumbing was replaced. Interbay 21 Apartments offers convenient access to major public transportation routes while being in close proximity to the employment centers, dining, retail, and neighborhood amenities of Queen Anne, Ballard, Interbay, and Magnolia. The building’s location on a quiet residential street provides a strong lifestyle appeal for its tenants and will be highly desirable for future tenants as well.

2820 15th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$8,800,000
5 Beds 8 Baths 2527764 MLS ACTIVE Status
The rarest of finds. A meticulously maintained and lovingly updated 1909 home on venerated Federal Avenue East, set on multiple lots spanning nearly 33,000 sf adjacent to Volunteer Park. An urban oasis with views across Lake Union to Gas Works Park and the Olympic Mountains. Featured in Seattle architectural history books and a regular stop on the city’s architectural tours. The exceptionally private, Randy Allworth designed gardens surround an array of recreational amenities: a heated pergola with fireplace, a putting green, a swimming pool and hot tub, and a parking area that easily doubles as a sports court. Secure garage parking for three cars and off-street parking for at least three more. Extensive interior and site renovations by Lockhart Suver harmonize contemporary conveniences with classic design, while gracious walls and spaces for art are illuminated by professionally designed lighting systems. Upstairs offers three en-suite bedrooms and two bedrooms with a shared bath. The large basement provides room for crafts, a gym, ample storage, a wine cellar, and group recreation, while the third floor, with a 3/4 bath, easily serves as an office, studio, or guest suite. A truly irreplaceable legacy property, this remarkable residence offers the rare opportunity to enjoy timeless architectural pedigree, resort-caliber outdoor living, and modern comfort in one of Seattle’s most coveted settings.

1642 Federal Avenue E, Seattle

Listing courtesy of COMPASS.

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