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$3,095,000

The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).

2518111 MLS ⋅ ACTIVE Status

The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).

2318 Yale Avenue E, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$2,995,000

6.26% CURRENT CAP RATE | Capri Apartments is a meticulously maintained 15-unit, courtyard-style apartment community located in the bustling Lake City neighborhood of Northeast Seattle. Originally constructed in 1962, Capri features copper plumbing and has undergone significant capital improvements over the past decade, including a new PVC roof (2024), updated electrical breaker panels (2016), luxury vinyl plank flooring and stone countertops in all units, double-pane vinyl windows, and a renovated exterior staircase, positioning the asset as both a desirable community for residents and a low-maintenance investment for ownership. The property offers an ideal unit mix, comprised of nine 2-bedroom units averaging 783 square feet and five 1-bedroom units averaging 683 square feet. Residents benefit from a central courtyard setting with lush greenery, on-site communal laundry (two washers & two dryers), 14 large storage lockers, and 16 off-street parking stalls available on a first-come, first-served basis. A new investor can capitalize on Capri’s current operations, which generate a 6.26% cap rate on in-place income, or execute a value-add business plan by converting the common laundry room into a 16th studio apartment (buyer to verify) and installing ventless, all-in-one washer/dryer combo units in each apartment to capture a 7.25% cap rate post renovation.

2503489 MLS ⋅ PENDING Status

6.26% CURRENT CAP RATE | Capri Apartments is a meticulously maintained 15-unit, courtyard-style apartment community located in the bustling Lake City neighborhood of Northeast Seattle. Originally constructed in 1962, Capri features copper plumbing and has undergone significant capital improvements over the past decade, including a new PVC roof (2024), updated electrical breaker panels (2016), luxury vinyl plank flooring and stone countertops in all units, double-pane vinyl windows, and a renovated exterior staircase, positioning the asset as both a desirable community for residents and a low-maintenance investment for ownership. The property offers an ideal unit mix, comprised of nine 2-bedroom units averaging 783 square feet and five 1-bedroom units averaging 683 square feet. Residents benefit from a central courtyard setting with lush greenery, on-site communal laundry (two washers & two dryers), 14 large storage lockers, and 16 off-street parking stalls available on a first-come, first-served basis. A new investor can capitalize on Capri’s current operations, which generate a 6.26% cap rate on in-place income, or execute a value-add business plan by converting the common laundry room into a 16th studio apartment (buyer to verify) and installing ventless, all-in-one washer/dryer combo units in each apartment to capture a 7.25% cap rate post renovation.

11521 26th Avenue NE, Seattle

Listing courtesy of Blake Investment Advisors.

$2,500,000

Amazing Investment Opportunity! Welcome to the Anne Marie Apartment, a well-maintained and extensively renovated 10-unit classic building located in the highly sought-after Lower Queen Anne neighborhood (South Slope). Situated on a 6,000 SF lot, this property is incredibly walkable—just steps from the Seattle Center, Gates Foundation, Belltown, South Lake Union, and the waterfront. Tenants enjoy a vibrant area boasting cafes, restaurants, parks, excellent public transit access, and breathtaking views of the Space Needle and the city skyline.Generate significant cash flow right away with the building's numerous reliable, long-term tenants. Alternatively, the property offers fantastic flexibility; thanks to its unbeatable proximity to major tourist attractions and corporate hubs, it is ideally positioned for flexible operations like temporary corporate housing or short-term rentals (such as Airbnb) to further maximize your return on investment. The building features shared on-site coin-operated laundry facilities and a tremendous list of capital improvements, making it a fantastic turnkey investment in one of Seattle's most desirable areas.

2499210 MLS ⋅ ACTIVE Status

Amazing Investment Opportunity! Welcome to the Anne Marie Apartment, a well-maintained and extensively renovated 10-unit classic building located in the highly sought-after Lower Queen Anne neighborhood (South Slope). Situated on a 6,000 SF lot, this property is incredibly walkable—just steps from the Seattle Center, Gates Foundation, Belltown, South Lake Union, and the waterfront. Tenants enjoy a vibrant area boasting cafes, restaurants, parks, excellent public transit access, and breathtaking views of the Space Needle and the city skyline.Generate significant cash flow right away with the building's numerous reliable, long-term tenants. Alternatively, the property offers fantastic flexibility; thanks to its unbeatable proximity to major tourist attractions and corporate hubs, it is ideally positioned for flexible operations like temporary corporate housing or short-term rentals (such as Airbnb) to further maximize your return on investment. The building features shared on-site coin-operated laundry facilities and a tremendous list of capital improvements, making it a fantastic turnkey investment in one of Seattle's most desirable areas.

310 Aloha Street, Seattle

Listing courtesy of Prolink Realty, LLC.

$2,795,000

Marine Vista -- a premier 11-unit apartment community located at 840 W Nickerson St, Seattle, WA 98119. Situated in the highly sought-after North Queen Anne submarket, Marine Vista offers an exceptional location overlooking the Lake Washington Ship Canal, providing residents with a unique blend of maritime charm and urban convenience. This offering presents a rare opportunity to acquire a boutique asset in one of Seattle’s most resilient and supply-constrained neighborhoods. Marine Vista is ideally positioned within walking distance to Seattle Pacific University and the vibrant Fremont tech hub, ensuring a consistent and high-quality tenant base. The investment provides a clear path for a strategic value-add program. A new investor will have the ability to implement targeted interior renovations and modern amenity upgrades to capture significant rental upside, bringing the property in line with top-of-market competitors. With its irreplaceable location and strong fundamentals, Marine Vista is poised to deliver robust long-term appreciation and enhanced cash flow for a sophisticated investor.

2508089 MLS ⋅ ACTIVE Status

Marine Vista -- a premier 11-unit apartment community located at 840 W Nickerson St, Seattle, WA 98119. Situated in the highly sought-after North Queen Anne submarket, Marine Vista offers an exceptional location overlooking the Lake Washington Ship Canal, providing residents with a unique blend of maritime charm and urban convenience. This offering presents a rare opportunity to acquire a boutique asset in one of Seattle’s most resilient and supply-constrained neighborhoods. Marine Vista is ideally positioned within walking distance to Seattle Pacific University and the vibrant Fremont tech hub, ensuring a consistent and high-quality tenant base. The investment provides a clear path for a strategic value-add program. A new investor will have the ability to implement targeted interior renovations and modern amenity upgrades to capture significant rental upside, bringing the property in line with top-of-market competitors. With its irreplaceable location and strong fundamentals, Marine Vista is poised to deliver robust long-term appreciation and enhanced cash flow for a sophisticated investor.

840 W Nickerson Street, Seattle

Listing courtesy of Pacific Crest.

$6,315,000

Vista Point Apartments, a well-maintained 30-unit multifamily property located in Seattle’s desirable Roosevelt neighborhood. Built in 1990, the property features 19 two-bedroom, two-bath units (~844 SF) and 11 one-bedroom, one-bath units (~599 SF), all with in-unit washer and dryers. The building offers secure access entry, gated parking with 37 on-site spaces, copper plumbing throughout, a new roof installed in 2023, and a brand new elevator completed in 2024. Current rents reach up to $1,500 for one-bedroom units and $2,000 for two-bedroom units, with a current cap rate of approximately 5.33% and significant upside through a renovation projected to achieve ~$1,995 and ~$2,600 respectively, resulting in a projected Renovated Cap Rate of approximately 9.30%. Additional income potential includes $60/month parking and utility bill-back (W/S/G), making this a compelling value-add opportunity with strong in-place fundamentals and long-term upside.

2507446 MLS ⋅ SOLD Status

Vista Point Apartments, a well-maintained 30-unit multifamily property located in Seattle’s desirable Roosevelt neighborhood. Built in 1990, the property features 19 two-bedroom, two-bath units (~844 SF) and 11 one-bedroom, one-bath units (~599 SF), all with in-unit washer and dryers. The building offers secure access entry, gated parking with 37 on-site spaces, copper plumbing throughout, a new roof installed in 2023, and a brand new elevator completed in 2024. Current rents reach up to $1,500 for one-bedroom units and $2,000 for two-bedroom units, with a current cap rate of approximately 5.33% and significant upside through a renovation projected to achieve ~$1,995 and ~$2,600 respectively, resulting in a projected Renovated Cap Rate of approximately 9.30%. Additional income potential includes $60/month parking and utility bill-back (W/S/G), making this a compelling value-add opportunity with strong in-place fundamentals and long-term upside.

8320 Lake City Way NE, Seattle

Listing courtesy of COMPASS. Selling Office: ZNonMember-Office-MLS.

$4,495,000

A rare 10-unit apartment portfolio in Green Lake, spanning three buildings across two parcels totaling 8,600 SF of LR2 zoning.The portfolio features a desirable mix of one-, two-, and three-bedroom units, all with private washers and dryers. Seven units are spacious townhome-style layouts (900–1,100 SF) with attached garages, laundry, and storage. A private courtyard garden sits between the buildings, creating a quiet residential feel.Over the past decade, ownership has replaced all wiring and plumbing, fully renovated kitchens and baths, and installed new gas furnaces.This central Green Lake location earns a Walk Score of 96 and is within walking distance of the Roosevelt Light Rail Station, Green Lake Park & Ride, PCC Market, the library, and neighborhood dining.

2503530 MLS ⋅ ACTIVE Status

A rare 10-unit apartment portfolio in Green Lake, spanning three buildings across two parcels totaling 8,600 SF of LR2 zoning.The portfolio features a desirable mix of one-, two-, and three-bedroom units, all with private washers and dryers. Seven units are spacious townhome-style layouts (900–1,100 SF) with attached garages, laundry, and storage. A private courtyard garden sits between the buildings, creating a quiet residential feel.Over the past decade, ownership has replaced all wiring and plumbing, fully renovated kitchens and baths, and installed new gas furnaces.This central Green Lake location earns a Walk Score of 96 and is within walking distance of the Roosevelt Light Rail Station, Green Lake Park & Ride, PCC Market, the library, and neighborhood dining.

8001 Densmore Avenue N, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$3,800,000

Sol Studios presents a rare investment opportunity in Seattle’s highly desirable North Capitol Hill neighborhood, just blocks from the vibrant 19th Ave E retail and restaurant corridor. The property features high-end unit finishes and modern building systems, highlighted by an innovative solar thermal energy system that provides highly efficient heating and hot water. With strong in-place operations delivering immediate, reliable cash flow, Sol Studios offers an ideal 1031 exchange opportunity in a market where few properties match its combination of quality, scale, and performance.

2498544 MLS ⋅ PENDING Status

Sol Studios presents a rare investment opportunity in Seattle’s highly desirable North Capitol Hill neighborhood, just blocks from the vibrant 19th Ave E retail and restaurant corridor. The property features high-end unit finishes and modern building systems, highlighted by an innovative solar thermal energy system that provides highly efficient heating and hot water. With strong in-place operations delivering immediate, reliable cash flow, Sol Studios offers an ideal 1031 exchange opportunity in a market where few properties match its combination of quality, scale, and performance.

1814 E John Street, Seattle

Listing courtesy of Kidder Mathews.

$3,000,000

U Studios offers a rare investment opportunity in Seattle’s highly desirable U-District, just blocks from the University of Washington, The Ave retail corridor, and the U District light rail station, providing tenants exceptional access to campus, jobs, dining, and entertainment. The property features high-end unit finishes and modern building systems, including an innovative solar thermal energy system that delivers highly efficient heating and hot water. With strong in-place operations generating immediate, reliable cash flow, U Studios presents an ideal 1031 exchange opportunity in a location where few properties match its combination of quality, scale, and performance.

2498571 MLS ⋅ SOLD Status

U Studios offers a rare investment opportunity in Seattle’s highly desirable U-District, just blocks from the University of Washington, The Ave retail corridor, and the U District light rail station, providing tenants exceptional access to campus, jobs, dining, and entertainment. The property features high-end unit finishes and modern building systems, including an innovative solar thermal energy system that delivers highly efficient heating and hot water. With strong in-place operations generating immediate, reliable cash flow, U Studios presents an ideal 1031 exchange opportunity in a location where few properties match its combination of quality, scale, and performance.

4046 8th Avenue NE, Seattle

Listing courtesy of Kidder Mathews. Selling Office: WeLakeside.

$3,500,000

Strategically positioned along West Seattle’s rapidly evolving Delridge corridor, this rare 5 parcel assemblage (approx. 23,760 SF) delivers scale, zoning, and income in one offering. NC2P 55(M) zoning invites a true midrise vision—up to five stories of residential over active ground floor commercial—right in the path of ongoing growth, infrastructure investment, and neighborhood revitalization. The property currently features 15 apartment units, with a mix of rented and vacant homes that provide immediate cash flow, upside through lease up, and flexibility during design and entitlement. Generous frontage, strong visibility, and easy access to the RapidRide H Line connect future residents to jobs, services, and the core city, while the forthcoming West Seattle light rail will further enhance long term demand and exit strategies. Assemblages of this size and quality are increasingly hard to find. Whether your plan is mixed use, all residential, or a phased redevelopment, this site checks the boxes: scale, zoning, transit, and story. Bring your architect, your vision, and your preferred builder—Delridge’s next signature project starts here.

2495909 MLS ⋅ PENDING FEASIBILITY Status

Strategically positioned along West Seattle’s rapidly evolving Delridge corridor, this rare 5 parcel assemblage (approx. 23,760 SF) delivers scale, zoning, and income in one offering. NC2P 55(M) zoning invites a true midrise vision—up to five stories of residential over active ground floor commercial—right in the path of ongoing growth, infrastructure investment, and neighborhood revitalization. The property currently features 15 apartment units, with a mix of rented and vacant homes that provide immediate cash flow, upside through lease up, and flexibility during design and entitlement. Generous frontage, strong visibility, and easy access to the RapidRide H Line connect future residents to jobs, services, and the core city, while the forthcoming West Seattle light rail will further enhance long term demand and exit strategies. Assemblages of this size and quality are increasingly hard to find. Whether your plan is mixed use, all residential, or a phased redevelopment, this site checks the boxes: scale, zoning, transit, and story. Bring your architect, your vision, and your preferred builder—Delridge’s next signature project starts here.

5222 -36 Delridge Way SW, Seattle

Listing courtesy of John L Scott RE West Seattle.

$10,800,000

The Ballard 32 Apartments is a rare opportunity to acquire a well-maintained, value-add multifamily asset in the heart of Ballard. Built in 1986, this sought-after vintage benefits from more modern systems and construction standards while meeting strong tenant demand for updated housing in one of Seattle’s most desirable neighborhoods. Uniquely positioned as a turnkey investment with attractive in-place cash flow, the property offers immediate stability combined with real value-add potential through maximizing NOI via modest rent increases to market. All 32 units feature generous layouts with large kitchens, dining nooks, expansive living rooms and bedrooms, private decks, and full-size in-unit washer and dryers. 19 units fully renovated with quartz countertops, new cabinetry, stainless appliances, luxury vinyl plank flooring, and modernized bathrooms. 12 units partially upgraded with new LVP flooring, paint, and appliances. Only 1 unit remains in original condition. The building offers 32 dedicated parking spaces in a secure underground garage. A hydraulic elevator provides convenient access from the garage to all 4 residential floors. Systems and construction features include copper plumbing lines, double-pane vinyl windows, electric heat, and wood frame construction with marble crete siding.

2487778 MLS ⋅ SOLD Status

The Ballard 32 Apartments is a rare opportunity to acquire a well-maintained, value-add multifamily asset in the heart of Ballard. Built in 1986, this sought-after vintage benefits from more modern systems and construction standards while meeting strong tenant demand for updated housing in one of Seattle’s most desirable neighborhoods. Uniquely positioned as a turnkey investment with attractive in-place cash flow, the property offers immediate stability combined with real value-add potential through maximizing NOI via modest rent increases to market. All 32 units feature generous layouts with large kitchens, dining nooks, expansive living rooms and bedrooms, private decks, and full-size in-unit washer and dryers. 19 units fully renovated with quartz countertops, new cabinetry, stainless appliances, luxury vinyl plank flooring, and modernized bathrooms. 12 units partially upgraded with new LVP flooring, paint, and appliances. Only 1 unit remains in original condition. The building offers 32 dedicated parking spaces in a secure underground garage. A hydraulic elevator provides convenient access from the garage to all 4 residential floors. Systems and construction features include copper plumbing lines, double-pane vinyl windows, electric heat, and wood frame construction with marble crete siding.

1433 NW 64th Street, Seattle

Listing courtesy of Westlake Associates, Inc.. Selling Office: ZNonMember-Office-MLS.

$5,825,000

Rare opportunity to acquire the Alki Surf Apartments, a trophy waterfront asset in the heart of West Seattle's iconic Alki Beach - one of Seattle's most coveted waterfront corridors with unobstruted west facing views of Puget Sound. First time on the market since the asset was originally developed in 1984. 10 large residential units including (6) 2 bed/2 bath units and (4) 3 bed/2 bath units all with private west-facing balconies. This opportunity offers immediate upside with minimal capital investment. In place rents are approximately 20% below market with additional income growth available through the optimization of utility reimbursement and parking income. Recent Capital Improvements include: New Roof, New Windows, Exterior Paint, New Decks and New Gutters. Must see!

2484395 MLS ⋅ SOLD Status

Rare opportunity to acquire the Alki Surf Apartments, a trophy waterfront asset in the heart of West Seattle's iconic Alki Beach - one of Seattle's most coveted waterfront corridors with unobstruted west facing views of Puget Sound. First time on the market since the asset was originally developed in 1984. 10 large residential units including (6) 2 bed/2 bath units and (4) 3 bed/2 bath units all with private west-facing balconies. This opportunity offers immediate upside with minimal capital investment. In place rents are approximately 20% below market with additional income growth available through the optimization of utility reimbursement and parking income. Recent Capital Improvements include: New Roof, New Windows, Exterior Paint, New Decks and New Gutters. Must see!

2440 Alki Avenue SW, Seattle

Listing courtesy of Urban Commercial Partners, LLC. Selling Office: ZNonMember-Office-MLS.

$1,805,000

Newly remodeled 10 unit apartment complex with courtyard and patios, parking for 5 cars on site, coin-operated laundry and storage. All units were completely remodeled in 2017-2019: new floors, kitchens, bathrooms, paint. Building has a new roof (on both buildings: 2019 and 2025), fresh paint (2024), gated access. Fully occupied and well maintained with 0% vacancy and excellent financials. RRIO inspection has been successfully passed in 2019.

2482422 MLS ⋅ ACTIVE Status

Newly remodeled 10 unit apartment complex with courtyard and patios, parking for 5 cars on site, coin-operated laundry and storage. All units were completely remodeled in 2017-2019: new floors, kitchens, bathrooms, paint. Building has a new roof (on both buildings: 2019 and 2025), fresh paint (2024), gated access. Fully occupied and well maintained with 0% vacancy and excellent financials. RRIO inspection has been successfully passed in 2019.

8805 14th Avenue S, Seattle

Listing courtesy of Torre Realty.

$4,300,000

Location is everything! Ballard 20 unit built in 1986 offers 14 -1BD units and 6 Large 1BD units. Majority of the units have received updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. The property presents clear value-add potential through continued interior renovations, operational improvements, and future capital upgrades. Certain building systems remain original, including electrical panels and roofing, providing a buyer with the opportunity to modernize the asset and reposition rents closer to market levels over time. The presence of both covered garage parking and additional surface parking, secured entry, in-unit water tanks, storage units, and on-site laundry further enhances tenant appeal and supports long-term stability.

2476476 MLS ⋅ SOLD Status

Location is everything! Ballard 20 unit built in 1986 offers 14 -1BD units and 6 Large 1BD units. Majority of the units have received updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. The property presents clear value-add potential through continued interior renovations, operational improvements, and future capital upgrades. Certain building systems remain original, including electrical panels and roofing, providing a buyer with the opportunity to modernize the asset and reposition rents closer to market levels over time. The presence of both covered garage parking and additional surface parking, secured entry, in-unit water tanks, storage units, and on-site laundry further enhances tenant appeal and supports long-term stability.

2418 NW 57th Street, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.

$3,988,000

Well-located 19 unit multifamily investment positioned in Seattle’s Queen Anne / Interbay corridor with expansive views overlooking Interbay, Magnolia, and Fishermen’s Terminal. The unit mix consists of a combination of large studio units and large one-bedroom residences with an average unit size of approximately 646 square feet. Most units have received interior updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. Building capital improvements include the installation of a new TPO roof in 2025. Other building systems include copper plumbing, GE electrical panels, and double-pane aluminum windows. Additional amenities such as secured covered garage parking, a secured entry intercom system, in-unit water tanks, on-site laundry, and basement storage units further enhance tenant appeal and contribute to operational stability. There is potential to add in-unit washers and dryers (subject to buyer verification), offering an additional avenue for future rental income creation.

2476496 MLS ⋅ SOLD Status

Well-located 19 unit multifamily investment positioned in Seattle’s Queen Anne / Interbay corridor with expansive views overlooking Interbay, Magnolia, and Fishermen’s Terminal. The unit mix consists of a combination of large studio units and large one-bedroom residences with an average unit size of approximately 646 square feet. Most units have received interior updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. Building capital improvements include the installation of a new TPO roof in 2025. Other building systems include copper plumbing, GE electrical panels, and double-pane aluminum windows. Additional amenities such as secured covered garage parking, a secured entry intercom system, in-unit water tanks, on-site laundry, and basement storage units further enhance tenant appeal and contribute to operational stability. There is potential to add in-unit washers and dryers (subject to buyer verification), offering an additional avenue for future rental income creation.

3425 14th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Westlake Associates, Inc..

$4,295,000

The property reflects true pride of ownership, with extensive upgrades completed in recent years. Improvements include full replacement of in-unit wiring and plumbing, along with comprehensive kitchen and bathroom remodels, ensuring modern comfort, durability, and reduced future capital needs. With an average unit size of 560 SF, the building offers efficient layouts that remain highly competitive in the Beacon Hill rental market. Offering a desirable and efficient unit mix of two studios, thirteen one-bedrooms, and seven two-bedrooms, this 22-unit asset delivers broad renter appeal and strong operational fundamentals. Residents benefit from close proximity to local amenities, outdoor recreation, transit access, and major employment centers—supporting consistent demand in all market cycles.

2475680 MLS ⋅ ACTIVE Status

The property reflects true pride of ownership, with extensive upgrades completed in recent years. Improvements include full replacement of in-unit wiring and plumbing, along with comprehensive kitchen and bathroom remodels, ensuring modern comfort, durability, and reduced future capital needs. With an average unit size of 560 SF, the building offers efficient layouts that remain highly competitive in the Beacon Hill rental market. Offering a desirable and efficient unit mix of two studios, thirteen one-bedrooms, and seven two-bedrooms, this 22-unit asset delivers broad renter appeal and strong operational fundamentals. Residents benefit from close proximity to local amenities, outdoor recreation, transit access, and major employment centers—supporting consistent demand in all market cycles.

1815 13th Avenue S, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$4,650,000

Classic 22-unit Capitol Hill trophy asset built in 1928 just off the vibrant Broadway retail corridor in a quiet residential setting with excellent access to bars, restaurants, shops, and amenities. Brimming with old-world charm, the building features stained glass, vintage tile, coved ceilings, and arched doorways that attract residents who value character. Strong in-place cash flow with upside by bringing classic units to market rent or completing full renovations to achieve top-of-market rents. Just two blocks to Capitol Hill Light Rail and offering gated parking for added convenience.

2458198 MLS ⋅ SOLD Status

Classic 22-unit Capitol Hill trophy asset built in 1928 just off the vibrant Broadway retail corridor in a quiet residential setting with excellent access to bars, restaurants, shops, and amenities. Brimming with old-world charm, the building features stained glass, vintage tile, coved ceilings, and arched doorways that attract residents who value character. Strong in-place cash flow with upside by bringing classic units to market rent or completing full renovations to achieve top-of-market rents. Just two blocks to Capitol Hill Light Rail and offering gated parking for added convenience.

409 10th Avenue E, Seattle

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

$3,025,000

The Abbey Apartments is an 11-unit, value-add building in a remarkable Green Lake location. Located just a parcel away from the north shore of Green Lake, the property has been owned and cared for by the same family that had it built and offers an investor the rare opportunity to acquire a high-quality asset with immediate income upside and value-add opportunity. The property features 7 - one-bedroom/one-bath units, 3 - two-bedroom/one bath units, and a spacious (1,400 SqFt) three-bedroom/two-bath penthouse. With an average unit size of 800 SqFt, residents enjoy generous living space in each home and units appeal to a wide range of renters.

2457314 MLS ⋅ SOLD Status

The Abbey Apartments is an 11-unit, value-add building in a remarkable Green Lake location. Located just a parcel away from the north shore of Green Lake, the property has been owned and cared for by the same family that had it built and offers an investor the rare opportunity to acquire a high-quality asset with immediate income upside and value-add opportunity. The property features 7 - one-bedroom/one-bath units, 3 - two-bedroom/one bath units, and a spacious (1,400 SqFt) three-bedroom/two-bath penthouse. With an average unit size of 800 SqFt, residents enjoy generous living space in each home and units appeal to a wide range of renters.

7919 Wallingford Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.

$1,699,000

11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.93% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.

2451055 MLS ⋅ ACTIVE Status

11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.93% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.

1718 Summit Avenue, Seattle

Listing courtesy of COMPASS.

$2,650,000

18-unit multifamily property located in the heart of Capitol Hill. Significant recent upgrades—including new electrical service mains and subpanels (2013) and high-efficiency tankless water heaters (2022). Offered at just $177,778/unit and $368/SF, The Strand represents a compelling basis play in the heart of Capitol Hill. The property delivers a current 5.9% cap rate, giving investors durable in-place income along with the upside potential of interior enhancements and rent growth in one of Seattle’s most sought-after rental markets. The Strand offers a rare opportunity to secure a character-rich asset at an attractive cost basis and benefit from continued appreciation in one of Seattle’s most resilient, high-demand submarkets.

2441868 MLS ⋅ SOLD Status

18-unit multifamily property located in the heart of Capitol Hill. Significant recent upgrades—including new electrical service mains and subpanels (2013) and high-efficiency tankless water heaters (2022). Offered at just $177,778/unit and $368/SF, The Strand represents a compelling basis play in the heart of Capitol Hill. The property delivers a current 5.9% cap rate, giving investors durable in-place income along with the upside potential of interior enhancements and rent growth in one of Seattle’s most sought-after rental markets. The Strand offers a rare opportunity to secure a character-rich asset at an attractive cost basis and benefit from continued appreciation in one of Seattle’s most resilient, high-demand submarkets.

221 Belmont Avenue E, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Sound Asset Partners LLC.

$4,700,000

Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.

2440960 MLS ⋅ ACTIVE Status

Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.

2350 Beacon Avenue S, Seattle

Listing courtesy of Urban Commercial Partners, LLC.

$4,500,000

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.

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.

$4,810,000

Crown Hill 13 is on the market for the first time since its 2001 construction. This 13-unit, well-built apartment community sits at the border of Loyal Heights and Crown Hill, near shops, dining, and entertainment along the Crown Hill corridor. Secure entry with elevator, garage parking plus large storage lockers. 7 of 13 units have been upgraded. 6 units provide value-add with potential for turnover. It’s close to Golden Gardens Park, Ballard Avenue, and just seven miles from South Lake Union and Downtown Seattle. With a 5.5% in-place cap rate, large floor plans, quality construction, and room for rent growth and renovations, this is a rare chance to own a strong income-producing property in one of Seattle’s top rental markets.

2440232 MLS ⋅ SOLD Status

Crown Hill 13 is on the market for the first time since its 2001 construction. This 13-unit, well-built apartment community sits at the border of Loyal Heights and Crown Hill, near shops, dining, and entertainment along the Crown Hill corridor. Secure entry with elevator, garage parking plus large storage lockers. 7 of 13 units have been upgraded. 6 units provide value-add with potential for turnover. It’s close to Golden Gardens Park, Ballard Avenue, and just seven miles from South Lake Union and Downtown Seattle. With a 5.5% in-place cap rate, large floor plans, quality construction, and room for rent growth and renovations, this is a rare chance to own a strong income-producing property in one of Seattle’s top rental markets.

8356 16th Avenue NW, Seattle

Listing courtesy of Westlake Associates, Inc.. Selling Office: ZNonMember-Office-MLS.

$4,900,000

We are pleased to offer for sale the Beacon View Apartments; a well-positioned, turnkey 17-unit multifamily asset located in Seattle’s highly desirable North Beacon Hill neighborhood. Just a short walk from the Beacon Hill Light Rail Station, Beacon View offers residents seamless access to Seattle Metro Area, making it an ideal location for urban professionals. This stabilized, transit-oriented asset combines reliable cash flow with near-term value-add potential, an attractive opportunity for multifamily investors seeking growth in one of Seattle’s most connected neighborhoods. Projected Year one NOI of $299,370 and 6.1% Cap Rate.

2439327 MLS ⋅ ACTIVE Status

We are pleased to offer for sale the Beacon View Apartments; a well-positioned, turnkey 17-unit multifamily asset located in Seattle’s highly desirable North Beacon Hill neighborhood. Just a short walk from the Beacon Hill Light Rail Station, Beacon View offers residents seamless access to Seattle Metro Area, making it an ideal location for urban professionals. This stabilized, transit-oriented asset combines reliable cash flow with near-term value-add potential, an attractive opportunity for multifamily investors seeking growth in one of Seattle’s most connected neighborhoods. Projected Year one NOI of $299,370 and 6.1% Cap Rate.

2414 13th Avenue S, Seattle

Listing courtesy of Urban Commercial Partners, LLC.

$2,225,000

A rare opportunity to own a well-maintained, income-generating asset in one of Seattle’s most coveted neighborhoods. Located in a premier North Capitol Hill community, the property is directly across from Volunteer Park. Highly walkable/transit-served location within easy reach of SLU & Downtown employers. Owned by the same family since 1966 & featuring 10 units underneath a remarkably unique roof deck. Capital improvements include updated electrical wiring & panels, electric heat, a 2017 roof replacement, extensive plumbing & sewer updates, tuck pointing between 2009 & 2011, & the bolting of the foundation to wood framing. Laundry facilities and tenant storage on the lower level, on-site parking for 5 vehicles, & likely upside potential.

2438208 MLS ⋅ SOLD Status

A rare opportunity to own a well-maintained, income-generating asset in one of Seattle’s most coveted neighborhoods. Located in a premier North Capitol Hill community, the property is directly across from Volunteer Park. Highly walkable/transit-served location within easy reach of SLU & Downtown employers. Owned by the same family since 1966 & featuring 10 units underneath a remarkably unique roof deck. Capital improvements include updated electrical wiring & panels, electric heat, a 2017 roof replacement, extensive plumbing & sewer updates, tuck pointing between 2009 & 2011, & the bolting of the foundation to wood framing. Laundry facilities and tenant storage on the lower level, on-site parking for 5 vehicles, & likely upside potential.

1425 E Prospect Street Unit #1-10, Seattle

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

$2,020,000

2438069 MLS ⋅ SOLD Status

413 NE 73rd Street, Seattle

Listing courtesy of Realty One Group Orca. Selling Office: NWMLS-NonOffice.

$4,300,000

The Skyline Apartments is a well-maintained apartment building with significant rental upside in a prime West Seattle location. This property features 13 well-appointed 2bed/1+bth units and 4 1bd/1bth units. The owners have taken exceptional care of the building; recent improvements include a new elevator installed in 2025 along with improved common areas. The building features a convenient 20-car parking garage along with in-unit washer/dryers in all units.

2436626 MLS ⋅ SOLD Status

The Skyline Apartments is a well-maintained apartment building with significant rental upside in a prime West Seattle location. This property features 13 well-appointed 2bed/1+bth units and 4 1bd/1bth units. The owners have taken exceptional care of the building; recent improvements include a new elevator installed in 2025 along with improved common areas. The building features a convenient 20-car parking garage along with in-unit washer/dryers in all units.

3210 SW Avalon Way, Seattle

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

$7,925,000

Terrace Villa is a four-story wood-framed building constructed in 1990. The property comprises 36 apartment units and includes two levels of secured parking with 49 stalls, 11 of which are tandem. Within the parking garage there are 10 storage lockers and a large storage room with the potential to accommodate 10 additional lockers. The building features a secure entrance with a remote intercom system, a lobby, and an elevator. The unit mix includes 22 one-bedroom/one-bath units, averaging approximately 605 SF, and 14 two-bedroom units, each around 851 SF. All units are equipped with dishwashers, electric fireplaces, and large windows. Most units also offer private decks with sweeping views of Seattle and the surrounding area.

2436117 MLS ⋅ SOLD Status

Terrace Villa is a four-story wood-framed building constructed in 1990. The property comprises 36 apartment units and includes two levels of secured parking with 49 stalls, 11 of which are tandem. Within the parking garage there are 10 storage lockers and a large storage room with the potential to accommodate 10 additional lockers. The building features a secure entrance with a remote intercom system, a lobby, and an elevator. The unit mix includes 22 one-bedroom/one-bath units, averaging approximately 605 SF, and 14 two-bedroom units, each around 851 SF. All units are equipped with dishwashers, electric fireplaces, and large windows. Most units also offer private decks with sweeping views of Seattle and the surrounding area.

3230 SW Avalon Way, Seattle

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

$14,500,000

Amazing opportunity to acquire a 49 unit, fully renovated trophy asset with value-add opportunities. Extensively renovated in 2019, the Val Anne offers highly sought after classic mid-century modern units. Great unit mix of Junior Studio, 1BD, 2BD and 2 penthouse units. 19 units have views of the City Skyline and Puget Sound; in addition, 9 units enjoy private balconies. The two Penthouse units are in a league of their own with sweeping views of the city and sound and private decks. This is an exceptional opportunity for a new investor to acquire a top-quality investment offering long-term appreciation. attractive rent growth and multiple value add opportunities.

2436468 MLS ⋅ SOLD Status

Amazing opportunity to acquire a 49 unit, fully renovated trophy asset with value-add opportunities. Extensively renovated in 2019, the Val Anne offers highly sought after classic mid-century modern units. Great unit mix of Junior Studio, 1BD, 2BD and 2 penthouse units. 19 units have views of the City Skyline and Puget Sound; in addition, 9 units enjoy private balconies. The two Penthouse units are in a league of their own with sweeping views of the city and sound and private decks. This is an exceptional opportunity for a new investor to acquire a top-quality investment offering long-term appreciation. attractive rent growth and multiple value add opportunities.

800 Queen Anne Avenue N, Seattle

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

$4,600,000

A well maintained Multi-family asset in Seattle's walkable Wallingford neighborhood, one of the city's most coveted communities. Situated on a corner lot, the property is steps away from Lake Union, Gas Works Park and Burke Gilman Trail. On the market for the first time, featuring 15 units averaging 828 square feet. Most units offer views of Lake Union and all features large balconies. Secure entry, durable copper supply plumbing, cast iron drains and updated Square D electrical subpanels. 20 parking spaces (6 covered) large resident storage room and common laundry on two floors. A 5.3% cap rate on rents as of February 2026 (increase notice already sent) and current expenses with upside.

2433143 MLS ⋅ PENDING Status

A well maintained Multi-family asset in Seattle's walkable Wallingford neighborhood, one of the city's most coveted communities. Situated on a corner lot, the property is steps away from Lake Union, Gas Works Park and Burke Gilman Trail. On the market for the first time, featuring 15 units averaging 828 square feet. Most units offer views of Lake Union and all features large balconies. Secure entry, durable copper supply plumbing, cast iron drains and updated Square D electrical subpanels. 20 parking spaces (6 covered) large resident storage room and common laundry on two floors. A 5.3% cap rate on rents as of February 2026 (increase notice already sent) and current expenses with upside.

401 NE 40th Street, Seattle

Listing courtesy of Kidder Mathews.

$5,000,000

Located in Seattle’s desirable upper Fremont neighborhood just a 3-minute walk from Fremont Peak Park and within walking distance of the zoo. On the market for the first time, the property features 1- and 2-bed units plus a 1,500-SF 3-bed/2-bath penthouse (ideal for an owner-occupant). Floorplans average 860 SF. Dining areas, dishwashers, private decks/patios, abundant natural light, and many residents enjoy stunning views of the ship canal, Ballard, and Magnolia. 18 off-street parking spaces, secured entry, a resident laundry and storage room, copper supply plumbing, and updated ITE electrical subpanels. Westwind Apartments offers a 4.9% cap rate on rents as of February 2026 (increases already posted) and current expenses with upside.

2433027 MLS ⋅ SOLD Status

Located in Seattle’s desirable upper Fremont neighborhood just a 3-minute walk from Fremont Peak Park and within walking distance of the zoo. On the market for the first time, the property features 1- and 2-bed units plus a 1,500-SF 3-bed/2-bath penthouse (ideal for an owner-occupant). Floorplans average 860 SF. Dining areas, dishwashers, private decks/patios, abundant natural light, and many residents enjoy stunning views of the ship canal, Ballard, and Magnolia. 18 off-street parking spaces, secured entry, a resident laundry and storage room, copper supply plumbing, and updated ITE electrical subpanels. Westwind Apartments offers a 4.9% cap rate on rents as of February 2026 (increases already posted) and current expenses with upside.

4500 1st Avenue NW, Seattle

Listing courtesy of Kidder Mathews. Selling Office: Pointe3 Real Estate.

Alex Foraker

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