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$1,400,000
2530629 MLS ⋅ ACTIVE Status
Rare corner lot development or renovation opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. Zoned LR2(M), this 3,600 SF corner parcel features an existing ~5,500 SF two-story structure that served as a neighborhood anchor for over four decades. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional site utility and flexibility. Newer multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation and strong momentum in this neighborhood. Ideally situated within walking distance of Swedish Hospital Cherry Hill, Seattle University, and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for the area. Buyer to verify all zoning, permitting, and development feasibility

601 21st Avenue, Seattle

Listing courtesy of Asay Realty.

$3,350,000
2529866 MLS ⋅ ACTIVE Status
We are pleased to present Franklin 8 in Seattle’s Eastlake neighborhood! Built in 1967, the 8-unit asset comprises ~7,458 SF and features 8 spacious 2BD, 1BTH units. Each features a private patio or balcony and the large 930 SF floorplans include dedicated dining spaces, large closets, and pantry storage. The top floors units feature Clerestory height ceilings and windows in the living space. 2 units have been fully remodeled and equipped with in-unit laundry, providing the template to realize additional upside in completing renovations on the remaining 6 units. Significant capital improvements have been completed in 2023, including a reseal roof, replaced cedar siding, updated fencing, and improved landscaping. The building also features double paned windows throughout. In addition to its steady in-place performance and renovation upside, the asset presents investors with a unique opportunity to further increase density through the redevelopment of the rear parking lot which should support a 4-story building addition programed either as townhomes or eight potential new apartments (Buyer to verify). Positioned in one of Seattle’s most supply constrained and high-demand rental submarkets, the property supports the execution of multiple strategies for significant value add and upside building on a base of consistent and durable cashflow.

2362 Franklin Avenue E, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$1,630,000
2527718 MLS ⋅ SOLD Status
Well maintained five-unit apartment building ideally located in Seattle’s highly sought after Ballard neighborhood. This building is offered to the market for the very first time by the original builder. The property was constructed in 1984 and consists of five spacious condo quality homes, each configured as desirable corner units that provide abundant natural light and enhanced privacy. Residents benefit from sought-after amenities including in-unit washers and dryers, fireplaces, private balconies, and dedicated dining rooms. Additional building features include 5 covered parking spaces, secured entry, double-pane aluminum windows, copper plumbing, and GE electrical panels. Situated in the heart of Ballard, the property offers residents exceptional access to one of Seattle’s most vibrant neighborhoods, known for its acclaimed restaurants, breweries, shopping, parks, and waterfront amenities. Convenient transit connections and close proximity to Downtown Seattle, South Lake Union, and other major employment centers continue to support strong renter demand and long-term occupancy. For investors this offering represents an outstanding opportunity to acquire a stable, well-located asset with enduring appeal, rental upside potential, and long-term appreciation in one of Seattle’s premier multifamily submarkets.

1700 NW 64th Street, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Skyline Properties, Inc..

$2,500,000
2528093 MLS ⋅ ACTIVE Status
Located along a quiet residential street between the vibrant 15th Avenue and 19th Avenue commercial corridors, Mod 19 offers residents immediate access to Capitol Hill’s restaurants, coffee shops, boutiques, grocery stores, and neighborhood amenities. Broadway, the Pike/Pine Corridor, Volunteer Park, and the Capitol Hill Light Rail Station are all within close walking distance, providing convenient access to Downtown Seattle, South Lake Union, the University District, and SeaTac Airport. Situated on a 4,000 square foot LR3-zoned lot, the property consists of eight thoughtfully designed units including four studios averaging approx. 255 SF, three 2BR/1BA units averaging approx. 620 SF, and a two-story penthouse 2BR/2BA unit totaling approx. 923 SF with expansive city, lake, and mountain views from the living room and private rooftop deck. The property features modern finishes throughout including granite countertops, stainless steel appliances, in-unit laundry, tile bathrooms, vinyl plank flooring, and large dual-pane vinyl windows. Additional features include hydronic radiant floor heating, individual hot water tanks, and modern electrical, plumbing, roofing, siding, and window systems consistent with newer construction standards. With modern design, durable construction, and an irreplaceable Capitol Hill location, Mod 19 Apartments offers investors a compelling combination of strong tenant demand, operational efficiency, and long-term appreciation potential.

1814 E Denny Way, Seattle

Listing courtesy of Westlake Associates, Inc..

$2,500,000
2528598 MLS ⋅ ACTIVE Status
Rare investment opportunity in South Seattle! Short sale. Nearly completed 6-unit construction project with strong upside and rental income potential. Major construction is complete, with remaining work including paving, landscaping, parking improvements, and interior finishing touches. Estimated completion costs around $300K. Projected market value upon completion is approximately $3M. Excellent opportunity for builders, investors, or developers looking to finish a high-potential project. Conveniently located 3 minutes to I-90 and a 14-minute walk to Beacon Hill Station with easy access to Seattle, Eastside tech hubs, and Sea-Tac Airport. 84 Walk Score and 75 Transit Score.

2317 22nd Avenue S, Seattle

Listing courtesy of John L. Scott Mill Creek.

$1,575,000
2526302 MLS ⋅ SOLD Status
Originally constructed in 1954, the property consists of a well-maintained single-story Roman brick veneer building featuring four spacious 1-bedroom units averaging approximately 760 SF and one large 2-bedroom unit totaling approximately 1,247 SF. The units feature highly functional floorplans with dual east and west side entries that create a unique “small home” feel rarely found in apartment living. Strong tenant retention speaks to the appeal of both the property and location. Current ownership has extensively updated and maintained the property over the years. Interior renovations include updated kitchens and bathrooms with new countertops, tile backsplashes, upgraded appliance packages, and refinished original oak hardwood floors throughout. Major capital improvements include copper plumbing supply lines, double-pane vinyl windows, and seismic retrofitting of the foundation. Additional amenities include ample off-street parking with a 1:1 parking ratio, secure common laundry facilities, and tenant storage lockers. With an in-place NOI of approximately $85,000 and a 5.4% cap rate, 3207 NW 64th St offers investors immediate cash flow, ease of management, and long-term appreciation potential in one of Seattle’s most supply-constrained rental markets.

3207 NW 64th Street, Seattle

Listing courtesy of Westlake Associates, Inc.. Selling Office: Real Broker LLC.

$1,650,000
2518006 MLS ⋅ SOLD Status
The Wiltona Apartments consist of six oversized three-bedroom residences. Originally constructed in 1916, the property offers a level of charm and craftsmanship rarely replicated in modern construction. Combining classic architectural appeal with generously sized 1,374 square foot units, the Wiltona presents a rare opportunity for investors seeking stable long-term ownership, rental upside, and enduring demand in one of Seattle’s premier multifamily markets. Building systems include radiant heat served by a gas boiler, a combination of updated and legacy electrical panels, and upgraded double-pane vinyl windows. Additional tenant amenities include four off-street parking spaces, common laundry facilities, and substantial basement storage. Located in the heart of Capitol Hill, the Wiltona benefits from one of Seattle’s most vibrant and supply-constrained rental submarkets. Residents enjoy exceptional walkability with immediate access to acclaimed dining, nightlife, shopping, and neighborhood amenities, as well as convenient transit connections to Downtown Seattle, South Lake Union, the University District, and other major employment centers. Capitol Hill’s continued popularity among professionals, students, and creatives supports strong occupancy and consistent rent growth. For investors, the Wiltona offers an exceptional blend of historic charm, future value-add potential, long-term appreciation, and lasting market appeal.

317 18th Avenue E, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Paragon Real Estate Advisors.

$1,475,000
2509905 MLS ⋅ ACTIVE Status
Well-maintained 6-unit apartment building in the heart of Greenwood, one of Seattle's most desirable rental markets. This property features an ideal unit mix of five 1-bedroom units and one 2-bedroom unit, offering strong and consistent rental demand. Located just blocks from shops, dining, and transit, tenants enjoy a highly urban lifestyle. A rate opportunity to own a stable, income-producing asset in a prime location with upside potential. Recent upgrades include 4 updated units, new doors, new siding, new paint and an updated storage and laundry area. Landscaped for great street appeal.

7618 Greenwood Avenue N, Seattle

Listing courtesy of The Saki Group LLC.

$925,000
2503470 MLS ⋅ ACTIVE Status
TOWNHOUSE REDEVELOPMENT OPPORTUNITY NEAR FREMONT/WALLINGFORD/GREENLAKE | 4,000 SF LOT WITh LR2 (M) ZONING 807 N 49th St is located just blocks from the Woodland Park Zoo, this 4,000 square foot lot is zoned LR2 (M), a highly desirable zoning code for townhome and small-scale multifamily development. Historically, LR-zoned sites were subject to unit-count density caps that limited overall development potential. However, with the implementation of HB 1110 in June 2025, those constraints have been removed in favor of a building envelope driven by FAR, height, and setback standards, meaning the total buildable size is now the primary limitation rather than the number of units. This shift allows developers to increase unit count through more efficient design, creating a more compelling development opportunity for 4+ luxury townhomes (buyer to verify) with skyline views in one of Seattle’s most sought-after neighborhoods. The existing structure on the site currently operates as a 5 Unit apartment building producing $50,311 in annual net operating income.

807 N 49th Street, Seattle

Listing courtesy of Blake Investment Advisors.

$1,600,000
2506604 MLS ⋅ ACTIVE Status
Perfectly positioned on a corner lot in coveted Capitol Hill, this colonial-style property offers an exceptional blend of character and location. Just steps from iconic Volunteer Park and within easy reach of vibrant shops and restaurants, it embodies the best of urban living. Each of the five one-bedroom, one-bath residences features hardwood floors, leaded-glass built-ins, and expansive windows that invite in abundant natural light. Four of the units have been thoughtfully updated with refreshed kitchens (4) and baths (3), complemented by improvements to plumbing, electrical systems, and appliances. Most windows have been replaced. A spacious basement provides shared laundry and additional storage, while three garage bays offer the convenience of off-street parking. With close proximity to light rail, bus lines, and freeway access, getting around is effortless. Rich in original detail and meaningful upside potential, this is a compelling investment opportunity in one of Seattle’s most sought-after neighborhoods.

746 10th Avenue E, Seattle

Listing courtesy of COMPASS.

$1,630,000
2501126 MLS ⋅ SOLD Status
Wonderful mid-century 9-unit apartment building in a prime Seattle location directly across from Woodland Park Zoo. The “Zoo-plex” features one basement studio and eight spacious one-bedroom units with hardwood floors and classic mid-century character. Amenities include common laundry, individual storage units, and off-street parking for two vehicles. Strong value-add opportunity with potential to increase rents or renovate units for enhanced income. This highly desirable location supports consistent tenant demand, low turnover, and ease of leasing. The property has been well maintained, with recent updates including a newer boiler, roof, and sewer line. Offered for the first time in over 30 years, this is a rare investment opportunity in a sought-after neighborhood—don’t miss your chance to own a truly unique asset.

4912 Evanston Avenue N, Seattle

Listing courtesy of Lake & Company. Selling Office: ZNonMember-Office-MLS.

$1,795,000
2505422 MLS ⋅ ACTIVE Status
Turnkey North Capitol Hill 6 Plex Investment in the heart of a Vibrant Community. This well-maintained property features 6 spacious corner units w/views of the Space Needle, DT Seattle & Olympic Mountains. 6 units w/1-bed, 1-bath + den/bedroom, large living rooms/dining areas, full kitchens, hardwood floors throughout & secure entry with lobby. This building includes a 12-car parking lot for tenants & income. The lot has a high value with MR-M1 Zoning. Common laundry area in the large daylight basement & may offer the opportunity to add 2 additional 1-bed units for additional income. Prime location minutes to DT Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta. Near Broadway, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, & Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset in one of Seattle’s strongest rental markets. Solid cash-flowing property for Investors & 1031 Exchange. Future development potential with MR-M1 Zoning. Google MR-M1 Zoning. Possible seller financing.

315 12th Avenue E, Seattle

Listing courtesy of Skyline Properties, Inc..

$1,649,950
2505207 MLS ⋅ PENDING INSPECTION Status
Classic, well-maintained SIX-plex on a NR3 lot in coveted Capitol Hill with a proven record of high occupancy rates. Each of the four 1 bed/1 bath units features hardwood floors. Updates in 2 units include refreshed kitchen + bath, updated plumbing + electrical and hardwood floors. Upstairs units have large windows that bathe the interiors in natural light. Spacious basement with shared coin operated laundry + storage and bike racks. Four prized off-street parking in back of units. Close to iconic Volunteer Park and bustling Broadway full of shopping, restaurant's and close to light rail. All 6 units have renters who would like to stay, some M2M and some on year leases. Rent rolls and deposits, available upon mutual acceptance.

317 17th Avenue E, Seattle

Listing courtesy of John L. Scott, Inc..

$1,400,000
2499829 MLS ⋅ ACTIVE Status
Located in the up and coming neighborhood north of Green Lake. This offering contains 6 spacious apartments, including two, 2-story townhouse style units. The units contain washer/dryers and various other updates. The basement contains a secure parking garage with one space per unit. Located less than 2-blocks from major transit, near Green Lake, as well as Northgate shopping center and light rail station. The property offers a value add opportunity via full renovations, with some work already done for you. Easy building to maintain, has a refreshed landscape, new fence, all the decks and roof were replaced roughly 5-years ago. Rents are slightly below market, with room to increase.

8830 Nesbit Avenue N, Seattle

Listing courtesy of Westland Realty.

$2,975,000
2493770 MLS ⋅ ACTIVE Status
Rare opportunity to acquire a 6-unit waterfront multifamily asset in one of West Seattle’s most iconic locations. Situated on Alki Ave SW, this property offers unobstructed Puget Sound and Olympic Mountain views just steps from Alki Beach, the Alki Trail, dining, and neighborhood amenities. The property consists of 2 buildings with a strong unit mix, including spacious renovated units averaging approximately 1,200 SF, in-unit laundry, and off-street parking for 8-10 cars. Located on a 12,000 SF LR2(M) zoned lot, the asset presents multiple value-add angles including continued rent growth, long-term hold potential, and possible future redevelopment optionality. Current rents provide upside with renovated units and a premier location that continues to drive strong tenant demand. An irreplaceable Alki waterfront offering with income, scale, and land value in a highly sought-after coastal submarket. Buyer to verify all information to their satisfaction.

1788 Alki Avenue SW, Seattle

Listing courtesy of Kidder Mathews.

$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..

$1,300,000
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.

$1,775,000
2483426 MLS ⋅ SOLD Status
Well maintained, updated 6-unit apartment building. Highly desirable, never vacant, prime Greenlake location with one block to the lake. Short walk to coffee shops, restaurants, retail, PCC market, Whole food market, public transportation, and light rail. Easy access to I-5, Aurora 99, University of Washington, and downtown Seattle which is only 5.5 miles away. All units are 1br/1ba and have been updated with laminate Hardwood flooring, bathrooms, kitchens and double pane windows. Most plumbing have been updated to PEX. Coin operated laundry for additional income. Six parking spots in the back alley. Significant value in the land. 6,000 sqft , flat LR3 zoning for immediate or future development. 6% current actual CAP.

6519 4th Avenue NE, Seattle

Listing courtesy of Lake & Company. Selling Office: ZNonMember-Office-MLS.

$1,250,000
2487501 MLS ⋅ SOLD Status
Rare opportunity to acquire a high-performing University of Washington student housing asset. This 2007-built property offers 8 bedrooms and 4 bathrooms across approximately 3,234 square feet and is configured for strong group housing demand in the U-District. The property is currently leased for the 2026–2027 academic year at $8,100 per month ($97,200 annually) under a joint & several lease structure, providing immediate income visibility for the upcoming school year. Unlike much of the surrounding U-District housing stock built in the early 1900s, this residence benefits from newer construction with modern systems, radiant hydronic heating, updated interior paint, and new LVP flooring completed in 2026. Tenants historically pay utilities, keeping operating expenses simple. The property features a large kitchen with island, stainless appliances, dual laundry areas, rear deck, covered front porch, and off-street alley access parking. The property operates on an academic-year leasing cycle aligned with the University of Washington calendar. After the current lease term ends in August 2027, a buyer may continue operating the property as student housing or explore owner-occupancy while leasing additional rooms.

5607 12th Avenue NE, Seattle

Listing courtesy of Keller Williams Realty Bothell. Selling Office: eXp Realty.

$1,125,000
2486762 MLS ⋅ SOLD Status
A meticulously maintained, value-add asset in a highly convenient Lake City/North Seattle location. Built in 1959, it combines strong in-place performance with significant upside potential in one of North Seattle’s most connected neighborhoods. With a “Very Walkable” walk score of 88, residents are within easy reach of neighborhood restaurants, cafés, & shops. Close proximity to the Burke-Gilman Trail & Lake Washington and 6 bus routes within a 10-minute walk. Downtown and major employment centers are just minutes away. Orca Apartments consists of 5 one-beds and 1 two-bed. Units are notably oversized, averaging approx. 770 SF, and feature large living areas, generously sized closets, and dedicated dining spaces. Amenities include expansive decks, secured entry, some dishwashers, on-site laundry, & resident storage rooms. Units have been updated upon turnover, and one unit is fully renovated. The property has been extraordinarily well maintained, with recent improvements including a new roof, updated plumbing, modernized electrical panels, and dual-pane vinyl windows. There are 6 dedicated off-alley parking spaces in addition to convenient street parking directly in front of the building. Low historical turnover and likely ability to increase income by approx. 15% by adjusting rents to market and implementing a utility bill-back system. Orca Apartments offers investors durable cash flow today with clear, measurable value-add potential in a sought-after North Seattle location

12030 32nd Avenue NE Unit #1-6, Seattle

Listing courtesy of Kidder Mathews. Selling Office: ZNonMember-Office-MLS.

$1,942,000
2486980 MLS ⋅ SOLD Status

2142 Alki Avenue SW, Seattle

Listing courtesy of Windermere West Metro. Selling Office: John L. Scott, Inc.

$2,736,523
2478703 MLS ⋅ SOLD Status
Alchemy Apartments is a unique, like-new asset located in the heart of Seattle’s Phinney Ridge neighborhood. The property offers profitability, long term durability, & upside while providing walkability & modern finishes to residents. The Alchemy features fully remodeled 2-bed/2-bath residences averaging approx. 850 SF. Units have been upgraded with contemporary interiors, in-unit laundry, dishwashers, & modern systems. Constructed with a charming brick veneer exterior & just the right amount of old-world charm, Alchemy Apartments offers lasting quality & low-maintenance ownership, as the building will never require exterior repainting & all major systems have been completely updated. On-site parking is available for 5 vehicles. The Alchemy boasts a Very Walkable walk score of 89, with residents just steps from Phinney Ridge’s restaurants, coffee shops, grocery stores, & neighborhood services. The property is within steps of bus route 5 & is approximately a 1/2 mile from the E Line. Additionally, quick access to Interstates 99 & 5 allows for efficient commutes to Downtown, SLU, & the Eastside. The Alchemy offers a 5.7% cap rate based on current income & expenses, providing investors with immediate, in-place cash flow alongside immediate upside. This easy upside was demonstrated by the most recently rented unit going for $3,395. Irreplaceable location, strong rental performance & profitability, excellent transit connectivity, & turnkey condition. Fully renovated in 2013.

6710 Greenwood Avenue N Unit #1-6, Seattle

Listing courtesy of Kidder Mathews. Selling Office: Kidder Mathews.

$2,225,000
2475321 MLS ⋅ SOLD Status
The Puget Panorama offers seven spacious 2-bedroom/one-bath units and one luxury 1,300 square foot 3-bedroom/1.75-bath unit; all corner units facing Puget Sound. There are two units per floor, and 2 units have in-unit laundry and there are 3 common laundry rooms; essentially each unit has their own private laundry room. In addition, each unit has either a large patio with a yard or deck for the residents’ enjoyment, and many units have views of Puget Sound further enhancing the enjoyability of the living space. The Puget Panorama offers spacious, light-filled units with quality floor plans offering a ‘home environment’ vs an apartment experience. Puget Panorama is located in the growing and dynamic Greenwood neighborhood. Greenwood is nestled between Greenwood Avenue and Highway 99, offering a vibrant retail corridor which includes restaurants, cafes, nightlife, a Hardwood store that has everything, a grocery store, the best Trader’s Joe in the city, a library and the Taproot Theatre a local and cultural gem.

11521 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Paragon Real Estate Advisors.

$1,565,000
2473133 MLS ⋅ SOLD Status
Owner Financing available with 30% down and 5% Interest Only. Do not Disturb Tenants. Listed for the first time in over 30 years, Ballard 5 is a unique investment opportunity in one of Seattle’s most dynamic neighborhoods. Featuring all spacious 2-bedroom units, Ballard 5 is strategically positioned just blocks away from a future light rail station expected in 2039. This major infrastructure upgrade will enhance transit access, connectivity, and overall property value, making it even more desirable for quality tenants seeking urban convenience and neighborhood charm. The property offers strong value appreciation potential and stable rental income with attractive owner financing (30% down at 5% interest only).

1423 NW 60th Street, Seattle

Listing courtesy of Westlake Associates, Inc.. Selling Office: Westlake Associates, Inc..

$1,325,000
2460664 MLS ⋅ SOLD Status
The Lincoln Park 6 is a six-unit multifamily investment located in the highly coveted Lincoln Park/Fauntleroy neighborhood of West Seattle. Just one block from Lincoln Park and minutes to the California Ave SW retail corridor and Alki Beach, the property is ideally positioned to benefit from strong renter demand, exceptional walkability, and the enduring appeal of West Seattle’s premier coastal amenities. Opportunities to acquire apartments in this pocket are limited due to historically low turnover, making The Lincoln Park 6 a rare chance to secure a well-located asset in one of West Seattle’s desirable submarkets.

4700 SW Othello Street, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Skyline Properties, 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.

$1,900,000
2451010 MLS ⋅ PENDING FEASIBILITY Status
Built in 2015, this contemporary midrise offers 8 thoughtfully designed one-bedroom residences in the heart of North Seattle. Large windows that fill the space with natural light, driftwood-style flooring, and granite countertops that complement the sleek stainless steel appliances and tile backsplashes. Residents enjoy in-unit washer and dryers, AC, and a modern open layout ideal for today’s urban lifestyle. Located near shops, transit, and neighborhood amenities, this property offers both modern comfort and long-term value. The building's clean modern design and low-maintenance systems make it an ideal long-term hold for investors seeking stable cash flow and appreciation potential. 6% cap rate. Prop tax reduced thru 2028 for MFTE.

1126 N 90th Street, Seattle

Listing courtesy of VerraTerra.

$1,500,000
2446448 MLS ⋅ SOLD Status
Solid investment opportunity in Seattle’s U-District! This well-kept 5-plex offers four 3BD/1BA units and one 2BD/1BA unit, all featuring bright interiors and updated finishes. Durable fiber cement siding, double-pane windows, and upgraded flooring ensure low upkeep. Tenants enjoy a shared deck, on-site laundry, and off-alley parking. Prime central location U district location. Waking distance to UW campus, transit, and major commuter routes. Consistently desirable rental property with great income potential. There is coin op laundry room and 4 off the alley rentable parking spaces for additional income! Easily obtain 5%+cap rate.

5210 11th Avenue NE Unit #1-5, Seattle

Listing courtesy of Lotside. Selling Office: Essential Realty.

$1,600,000
2448363 MLS ⋅ SOLD Status
Burkewood Apartments is an appealing 8-unit multifamily investment in Seattle’s sought-after Hawthorne Hills neighborhood. This well-maintained property, built in 1956, boasts 8 moderately updated 1BD/1BA units on a 6,000 SF lot zoned NR3, offering future redevelopment potential. Burkewood provides strong value-add opportunities via rent increases—current averages of $1,409 per unit could rise to proforma market levels of $1,550, elevating NOI from $86,662 to $110,933 and cap rate from 5.29% to 6.72%. The prime location, near Magnuson Park, the Burke-Gilman Trail, University of Washington, Seattle Children’s Hospital, and University Village, drives tenant appeal in a high-demand, supply-limited area with top schools and amenities.

5505 NE 65th Street, Seattle

Listing courtesy of Westlake Associates, Inc.. Selling Office: Skyline Properties, Inc..

$2,000,000
2444677 MLS ⋅ SOLD Status
Exceptional opportunity to acquire five individually deeded condominium units in an A+ location surrounded by multimillion-dollar homes. Each unit averages 731 sq. ft. and can be sold separately at a premium or held as a stabilized income property. The property underwent a down-to-the-studs remodel completed in 2007 and is being offered as a receivership sale. Features include ample parking, efficient layouts, and an ideal setup for an owner-operator or investor seeking flexibility and long-term upside. NOTE - PLEASE DO NOT SHOW UP TO THE PROPERTY WITHOUT CONFIRMING AN APPOINTMENT

2114 7th Avenue W, Seattle

Listing courtesy of Kidder Mathews. Selling Office: ZNonMember-Office-MLS.

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