Refine Search
Map
Sort by
$3,900,000
2429318 MLS ⋅ SOLD Status
Major price improvement. $155,000/unit and Proforma 7.28% cap rate with conservative market rents! The Winchester Apartments offer a singular opportunity to own a true trophy asset with a rich history in one of the finest rental locations in the city of Seattle. The property has been lovingly cared for by past owners and is in great condition with a very stable occupancy history. New ownership will benefit from strong future rent growth and appreciation and has several options to realize immediate income upside and ways of adding value.

605 E Denny Way, Seattle

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

$4,900,000
2428350 MLS ⋅ SOLD Status
The Ballard 18 Apartments, located just south of Ballard High School, exemplifies the high-quality construction and thoughtful design that has defined many of Ballard’s most enduring multifamily assets. The unit mix includes 10 large 1BR units and 8 oversized 2BR units. Eight units have been fully renovated with quartz countertops, stainless appliances, white cabinets, LVP flooring, and modernized bathrooms. Two spacious top-floor penthouse units have walk-in closets, expansive kitchens, and access to a massive rooftop deck with southern views. The building also includes 15 dedicated parking spaces, convenient common laundry on each floor, copper plumbing lines, double-pane vinyl windows, Square D panels (200 amp service).

1430 NW 64th Street, Seattle

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

$6,250,000
2423442 MLS ⋅ SOLD Status
Well located 29 unit building with period charm intact! The Dublin offers a well-balanced mix of studio and one-bedroom units. Many of the studios feature an alcove, often used as a sleeping area, leading some to refer to them as “junior one-bedrooms.” All units are spacious and inviting, boasting tall ceilings, beautiful original hardwood floors, charming period details, and abundant natural light. The building features a secure entry and a common laundry room with designated storage bins for each unit. Building has been meticulously maintained, with significant upgrades which include unit updates on turnover, updated electrical and plumbing, a recently replaced TPO membrane roof, and double-pane vinyl windows. Building is wood framed.

1052 E Thomas Street, Seattle

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

$2,225,000
2406754 MLS ⋅ SOLD Status
The Nedra Apartments features 13 total units, 3 are fully renovated and 8 are partially renovated, buyer could choose to renovate the remaining 2 units & increase rental income. The Nedra offers efficient & sought after unit types in well maintained building, floorplans range from 550 to 800 sf & offer light value-add opportunity. 12 units are one-bedroom floorplans and a single 2-bed unit. The property is located in the Westwood neighborhood known for its multitude of schools, parks, & shopping, most notably Westwood Village, just half a mile away. Rarely vacant, tenants love the walkability of this location with coffee, retail, & public transportation steps from the building. Excellent on site and available street parking.

8849 35th Avenue SW, Seattle

Listing courtesy of Real Property Associates. Selling Office: Elev8 Residential LLC.

$2,550,000
2416448 MLS ⋅ SOLD Status
The Lanning, an 11-unit apartment in the heart of Capitol Hill. This well-maintained brick veneer building, built in 1910, offers spacious layouts 827 SF on avg, a rare find in a neighborhood known for compact apartments. The unit mix consists of 10 one-bedroom units and 1 two-bedroom unit, well-preserved hardwood floors, and in-unit w/d in 10 of the units. Steps from Broadway’s vibrant retail corridor, the Light Rail Station & SLU. Currently operating with below market rents, The Lanning presents a clear value-add opportunity. Whether repositioning as a bespoke high-end rental or realizing efficiencies as stabilized asset, The Lanning represents an unparalleled opportunity to own in one of Seattle’s most resilient and dynamic submarkets.

219 Belmont Avenue E, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: Lee & Associates Commercial RE.

$2,850,000
2409472 MLS ⋅ SOLD Status
We are pleased to present the 608 W Emerson Apartments, located along W Emerson St in North Queen Anne, walking distance from Seattle Pacific University. All units were upgraded in 2016, including updated kitchens with new finishes and fully upgraded bathrooms with modern fixtures and motion sensor fans. The property is being listed 100% vacant, providing an excellent opportunity to renovate all 10 units with modern finishes and achieve higher rents. It includes a laundry facility, balconies with views, 14 uncovered parking spaces, mature landscaping, and storage space. The asset stabilizes to a 7.42% cap on cost and a 9.42% cash on cash return at $2.875M ($287,500/unit; $376/SF).

608 W Emerson Street, Seattle

Listing courtesy of Northmarq Multifamily, LLC. Selling Office: Northmarq Multifamily, LLC.

$2,750,000
2397715 MLS ⋅ SOLD Status
Exceptional 10-unit townhome-style apartment building in a high-demand location - directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94—just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.

1402 E Cherry Street, Seattle

Listing courtesy of WPI Real Estate Services, Inc.. Selling Office: Windermere Real Estate/East.

$2,750,000
2395652 MLS ⋅ SOLD Status
Back on Market - Significant Price Reduction of $500K for buyers to get a head start on the capital project needed. Gilman West, a 14-unit apartment in Seattle’s highly desirable West Queen Anne. Ideally located near Interbay retail (Whole Foods, Petco, QFC) and Queen Anne’s McGraw St amenities, the 1960-built asset includes six 1-bed and eight 2-bed units averaging 787 SF. With spacious layouts and strong natural light, Gilman West is well-positioned for a renovation strategy to boost rents. Significant upside exists through capital improvements like plumbing and drainage work which support deeper unit renovations and enhance both tenant experience and long-term returns.

2222 Gilman Drive W, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: Skyline Properties, Inc..

$3,650,000
2382743 MLS ⋅ SOLD Status
First time on the market in 45 years! Conveniently located on N 41st St and Fremont Ave. The RCA is comprised of 2 buildings on 2 tax parcels and consists of 10 – 2BD units and 1 large studio. The buildings are situated above the street, buffering out any potential noise from traffic. Units are spacious with dining areas off the kitchens, gleaming hardwood floors and large windows allowing for an abundance of natural lighting. 9 of the 11 units have updates to the kitchens, and bathrooms and 8 kitchens offer new gas ranges. New roof in 2024. Building boasts territorial views, mature landscaping with a courtyard area, and 10 parking stalls. The large 10,813 SF lot is zoned LR2(M) providing the opportunity for potential future development.

702 710 N 41st Street, Seattle

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

$6,300,000
2382545 MLS ⋅ SOLD Status
The Halcyon Apartments is a 24-unit multifamily asset located in the heart of West Seattle’s highly sought-after Lincoln Park neighborhood. Just steps from Lowman Beach, the Puget Sound waterfront, and Lincoln Park, this property combines location, scale, and upside in one of Seattle’s most desirable rental markets. The property has seen extensive capital improvements within the last 6 years and is well-positioned for a new owner to take advantage of strong immediate rental upside. The Halcyon offers spacious layouts that include in-unit washer and dryers, private decks for majority of units, generous living and dining areas, abundant unit storage and full kitchens equipped with dishwashers, ranges and refrigerators.

7060 Lincoln Park Way S, Seattle

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

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

8214 Greenwood Avenue N, Seattle

Listing courtesy of COMPASS.

$4,550,000
2373220 MLS ⋅ SOLD Status
We are pleased to present Rainier View Homes, an 11-home multifamily community. Built in 2018, this unique investment opportunity features a collection of well-maintained 2 & 3 bedroom cottages, averaging 1,314 SF. Each home offers high-quality finishes including engineered wood flooring, quartz CT and stainless-steel appliances, W/D, A/C, ample storage, tall vaulted ceilings, large windows, and spacious patios. Positioned on individual parcels, each home can be sold separately, providing investors with exit flexibility and condo resale potential. Similar homes in the area have sold individually for approximately $625,000 or $425/SF, presenting a clear value gap and upside. Offered at $455,000/home & $346/SF.

12672 60th Avenue S, Seattle

Listing courtesy of Northmarq Multifamily, LLC. Selling Office: ZNonMember-Office-MLS.

$4,000,000
2370483 MLS ⋅ SOLD Status
Rare opportunity to acquire a stable, mixed-use asset in the heart of Wallingford one of Seattle's most sought-after neighborhoods. This three-story building features 17 residential units and ground-level retail, offering strong in-place income with value-add potential. Its proximity to UW, walkable amenities, and diverse unit mix make it a recession-resistant investment with long-term appreciation upside. Ideal for investors seeking a well-located, income-generating property in a high-demand urban setting.

2508 N 50th Street, Seattle

Listing courtesy of Windermere Real Estate Co.. Selling Office: Momentum Venture Partners LLC.

$10,000,000
2365856 MLS ⋅ SOLD Status
A rare opportunity to acquire a thoughtfully designed, high-end mixed-use asset in one of Seattle’s most coveted neighborhoods. Built in 2009 and meticulously maintained by the original owner, the property features custom cabinetry, hardwood floors, new 2024 stainless appliances, and enhanced soundproofing. Each unit offers a private deck, with residents enjoying access to a rooftop amenity deck boasting panoramic views of Green Lake, Mount Rainier, and Downtown Seattle. This boutique community combines prime location, luxury finishes, and long-term investment potential in a premier Seattle neighborhood.

1400 N 80th Street, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: ZNonMember-Office-MLS.

$1,050,000
2362738 MLS ⋅ SOLD Status
Convert this motel into a 16 unit apartment complex! Estimated renovation cost at $1,300,000 for an estimated $3,000,000 finished value. Tons of sweat equity to be had as an investment. All numbers provided on rents/financials are an estimate proforma based on a newly renovated complex. There is currently no income on the building. Unit sizes would range from 346 sq ft to 433 sq feet. 4 units in the basement, 6 units on main floor, and 6 units upstairs. Tons of parking available on site. Tax Assessed Value at $1,945,500! Est. value of $3.1M after renovations into a multi-family dwelling are complete.

7070 E Marginal Way S, Seattle

Listing courtesy of Keller Williams Rty Tacoma. Selling Office: Specialty Real Estate Group.

$8,900,000
2360738 MLS ⋅ SOLD Status
he Equinox is a premier investment opportunity in Seattle’s highly desirable Fremont neighborhood. It features 23 apartments and 5 commercial units. A $2.1M capital improvement project in 2024/2025 added a new roof, siding, & an updated lobby. Units include high-end finishes, LVP flooring, SS appliances, and in-unit WD with views of Lake Union. Three large units were converted into 9 studios/SEDUs, with potential for 10 more units through add'l conversions. Five new units are master leased. Income from commercial tenants and a cell tower lease enhance revenue stability. Strong cash flow, diverse income from commercial tenants and a cell tower lease, and expansion potential make this a rare core asset in a high-demand, high-barrier market.

711 N 35th Street, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: ZNonMember-Office-MLS.

$1,800,000
2358791 MLS ⋅ SOLD Status
Take advantage of this development project already underway in a prime Seattle location. Renew existing building permits to complete as an 18-unit apartment or explore the NC3-55 (M) zoning which offers potential for increased density. Spawned from an adaptive reuse of the Don Willis furniture store and warehouse, the existing structure and plan offers a desirable unit mix, soaring ceilings with exposed timber beams, and 26 parking stalls. Ideally located near major transit options, retail, dining, and entertainment, including the 41-acre, Northgate Station redevelopment. Save valuable time and step into a high-upside project with momentum and potential.

10516 Lake City Way NE, Seattle

Listing courtesy of Windermere Real Estate Midtown. Selling Office: eXp Realty.

$2,440,000
2357206 MLS ⋅ SOLD Status
Pine Place Apartments is a well-maintained 14-unit asset in North Seattle offering strong value-add potential. Built in 1989 with modern systems including copper plumbing, updated electrical, and Durolast roofing, the property is steps from the Northgate Light Rail, Kraken Iceplex, and Green Lake Park. The diverse unit mix includes 2-bed, 1-bed, open 1-bed, and studios, each with private decks, secure entry, and access to two laundry rooms and 12 garage parking spaces. With below-market rents and projected 22.2% upside, Pine Place presents an ideal repositioning opportunity in a high-demand, transit-connected submarket.

1215 N 90th N, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: Fathom Realty WA LLC.

$5,150,000
2348870 MLS ⋅ SOLD Status
The Regan Lee’s 24 spacious studio and one-bedroom units showcase original hardwood floors, mahogany doors, rich wood trim, arched entryways, and abundant natural light, preserving the elegance of a bygone era. The property also features eight garage stalls along the alley, providing both parking convenience and additional income. With current rents well below market, The Regan Lee offers a compelling opportunity to increase NOI through strategic renovations and rent optimization. Additionally, investors may explore redevelopment potential of the existing garage space to add units and further maximize value (buyer to verify).

603 3rd Avenue W, Seattle

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

$900,000
2343990 MLS ⋅ SOLD Status
Charbern Inn is a well-maintained 10-unit rooming house with historic charm and rental upside. It also offers covered land play potential on a 5,000 SF lot, adding to its long-term investment appeal. Meticulously preserved, the property retains its classic character. With strategic management, it can be stabilized at an 8% cap rate, making it a rare opportunity to invest in both charm and strong financial returns.

1713 Belmont Avenue, Seattle

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

$2,700,000
2339312 MLS ⋅ SOLD Status
Turnkey 12-Unit Investment Property in the Heart of Ballard. The Artemis Apartments is a 12-unit turnkey multifamily property situated in Seattle’s highly sought-after Ballard neighborhood. The property includes a fully renovated 4-unit building and a newly constructed 8-unit building, both featuring premium upgrades such as new electrical and plumbing systems, in-unit washers/dryers, and high-end finishes. With strong rental upside potential and proximity to Ballard’s vibrant dining, entertainment, and cultural amenities, Artemis offers a stable, low-maintenance investment ideal for long-term growth.

1436 NW 60th Street, Seattle

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

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

213 1st Avenue S, Seattle

Listing courtesy of COMPASS.

$2,900,000
2329269 MLS ⋅ SOLD Status
Located in Queen Anne, Dravus Court 2 blocks from SPU, walking distance from Fremont's core & boasts an easy commute to SLU & Downtown with their employment/entertainment offerings. Comprised of 16 fully furnished 1-bed apartments in 2 adjacent buildings, Dravus Court is currently operated as a short-term stay property primarily focused on renting to traveling nurses & corporate transferees. Units can be rented for as short a term as 1 month with flexible lease end dates. The turnkey asset offers a new owner the opportunity to continue & improve upon this profitable operation strategy, or to transition the property to traditionally leased apartments. Desirable features include 11 parking spaces, on-site laundry, & a common BBQ courtyard.

7 & 15 Dravus Street Unit #1-16, Seattle

Listing courtesy of Kidder Mathews. Selling Office: COMPASS.

$3,820,000
2322516 MLS ⋅ SOLD Status
On the market for the first time in 25 years, Trailwood Apartments in conveniently located in Seattle's desirable Ravenna neighborhood steps to the University of Washington and University Village. Constructed in 1987, Trailwood Apartments in comprised of 17 on-bedroom/one-bathroom homes, each boasting a spacious floor plan, a deck or patio, a dishwasher and garbage disposal, multiple closets, and sufficient space for new ownership to install in-unit laundry (buyer to verify). Residents benefit from a total of 18 off-street parking spaces, of which 8 covered, an on-site laundry facility, storage lockers, and large tenant and/or owner storage with bathroom. The property features stucco siding and a pitched composition roof.

2251 NE Blakeley Street, Seattle

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

$2,950,000
2304771 MLS ⋅ SOLD Status
We are pleased to present the Davis Apartments in the North Queen Anne neighborhood of Seattle. This ten-unit asset features a mix of two one-bedroom and eight two-bedroom apartments averaging 746 SF. Constructed in 1981, the building feature modern systems and a pitched roof. 100% vacant in anticipation of a sale. This presents an attractive opportunity to quickly renovated all the units to achieve top of market rents.

3019 3rd Avenue W, Seattle

Listing courtesy of Northmarq Commercial, LLC. Selling Office: Crosby & Co Real Estate.

$4,850,000
2287605 MLS ⋅ SOLD Status
Sunset House is a 21-unit apartment building which exemplifies pride of ownership. Prime Ballard location, walking distance to the Historic Ballard Avenue. Built in 1964, this building is being offered to the market now for the first time since it was built. Immaculate, well-maintained building with PEX & Copper plumbing, vinyl windows, re-mortared exterior bricks, and LVT floorings in most units. Stable rent income with an opportunity to realize a 36.4% lift in revenue from current below-market rents through strategic turnovers and renovation.

5121 17th Avenue NW, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: Lee & Associates Commercial RE.

$2,400,000
2288388 MLS ⋅ SOLD Status
Junior Apartments, available to the market for the first time, presents an opportunity to own a top-quality multifamily asset in Seattle’s desirable Central District. Built by an experienced homebuilder, the thoughtful unit layouts & high-quality construction make Junior an attractive option for tenants & low-maintenance asset for new ownership. Comprised of 8 one-bedroom units approx 393SF & 2 studios approx 366SF, Junior presents premium compact units preferred by young professionals. Units feature A/C, dishwashers, in-unit laundry & balconies. Additionally, the units on the topfloor each have their own private rooftop deck. Located just a stones-throw away from Swedish Hospital, Seattle University, Capitol Hill & DT Seattle.

507 22nd Avenue, Seattle

Listing courtesy of John L. Scott, Inc. Selling Office: ZNonMember-Office-MLS.

$2,080,000
2288342 MLS ⋅ SOLD Status
Findlay Court is a meticulously maintained 10-unit apartment building located in the heart of the vibrant West Seattle neighborhood. With a strong history of diligent care under the current ownership for the past 25 years, this property offers both stability and potential for immediate rent growth. Rents are currently about 25% below market in current unit conditions presenting a significant opportunity to increase rents and improve cash flow.

5454 Fauntleroy Avenue SW, Seattle

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

$4,000,000
2286745 MLS ⋅ SOLD Status
5th Ave Manor presents an exceptional opportunity for investors seeking ownership of a desirable building in a highly sought-after residential locale, characterized by a scarcity of rental accommodations. With its strategic location and potential for value-add enhancement through modest kitchen, flooring, and appliance upgrades, 5th Avenue Manor promises lucrative returns. Following these enhancements, a new owner can anticipate achieving a stabilized Market CAP of 6.01%. Nestled nearby the scenic Green Lake Park, renowned for its myriad recreational pursuits, this coveted address offers seamless access to the University of Washington, the bustling South Lake Union Tech Core, and the vibrant Northgate shopping and entertainment hub.

8309 5th Avenue NE, Seattle

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

$2,870,000
2285900 MLS ⋅ SOLD Status
The Haven is a well-located apartment building on California Ave, just south of Morgan Junction, offering a prime opportunity for investors in the vibrant West Seattle market. This asset features a desirable unit mix of 8 generously sized 1BD/1BTH units and 8 spacious sized 2BD/1BTH units, catering to a broad range of potential tenants. The Haven is a great value-add opportunity with a low entry basis of $206,250 per unit and $251 per square foot. Current rents are well below market presenting significant potential to enhance revenue through increased rents, parking fees, utilities charges, pet rents, and further cosmetic upgrades.

7130 California Avenue SW, Seattle

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

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.