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$420,000
2496835 MLS ⋅ ACTIVE Status
Lovely duplex in the heart of the Lincoln district. Each unit has its own garage with w/d. Units metered separately. Units were recently updated. Building has had 100% occupancy. Location is great for a commuter and/or JBLM. Walkable to shopping and restaurants. One level living. Both units are 2 bedrooms 1 bath. Currently has long term tenants.

1561 S 35th Street, Tacoma

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

$400,000
2498193 MLS ⋅ ACTIVE Status
This Duplex is ready to go. New floors, cabinets, counter tops, appliances, plumbing and light fixtures. Both units feature: 1.5 bathrooms, quartz counter tops, water resistant wood laminate floors, central forced air furnace with heat pump for AC, new hybrid electric hot water tank, ventless heat pump dryers, and all new appliances. Centrally located near town, mins to Elma, 20 mins to Montesano, 25 mins to Capital Mall in Olympia. Multifamily is almost impossible to come by in McCleary. Here is your opportunity. Turn key and ready to start generating you money.

332 S Birch Street, McCleary

Listing courtesy of Abbey Realty Inc.

$539,950
2497778 MLS ⋅ ACTIVE Status
2 HOMES plus a spacious SHOP all on one property in the heart of Concrete, perched above the park with incredible views of the Cascade foothills! The main home has been fully renovated and offers 3 bedrooms, 2 bathrooms, and 1,152 sq ft of updated living, featuring a new roof, fresh interior and exterior paint, new flooring throughout, updated windows, and a new mini-split system for year-round comfort. The second residence is a well-cared-for 3-bedroom, 1-bath home with 1,366 sq ft, complete with its own RV parking and hookups, making it a great option for multi-generational living or continued rental income. Both homes are currently occupied, providing immediate cash flow. The property is rounded out by a large shop with approximately 1,463 sq ft of space for storage, projects, or business use. A rare opportunity with versatility, income, and views all in one!

45337 Main Street, Concrete

Listing courtesy of NextHome 365 Realty.

$799,995
2497011 MLS ⋅ ACTIVE Status
South Park income-producing property featuring a beautifully updated Northwest Contemporary home with a basement apartment and detached DADU, offering excellent potential for rental income. The main home showcases vaulted ceilings with exposed beams, warm wood flooring, and abundant natural light. The chef’s kitchen is designed for both style and function with quartz countertops, stainless appliances, farmhouse sink, live-edge shelving, pantry, breakfast bar, and a huge quartz center island, along with skylights that create a bright, inviting space perfect for entertaining. Flexible living includes a main floor bedroom or office, full bath, and main-level laundry. Upstairs you’ll find a spacious primary suite with a walk-in closet and relaxing bathroom with jetted tub. The property also features two income-producing units: a lower-level apartment with kitchen, living room, den, private laundry and bath, plus a detached industrial-style DADU with loft, kitchen, bath and private laundry. Outdoor spaces include a walkout deck, private patio, and thoughtfully designed garden seating areas, along with RV parking, carport, and parking for up to five vehicles. Located in a central South Park location, this rare opportunity is ideal for investors or buyers seeking rental income to offset their mortgage. The main home and basement apartment are currently rented through August.

1053 S Southern Street, Seattle

Listing courtesy of RE/MAX Extra Inc..

$2,550,000
2493978 MLS ⋅ ACTIVE Status
Rare University District income property with 8-bed main house + newer 3-bed DADU, generating $15,100/month ($181,200/year) in rental income with true zero vacancy. Tenants pay all utilities and the property has undergone significant upgrades including a nearly new DADU, renovated basement, radiant in-floor heat, mini-split, remodeled kitchen and powder room, new electrical and plumbing, and more. Stabilized NOI ˜ $160K with strong rental demand and minimal near or mid-term cap-ex. Listed at $2.55M (~6.4% cap / 14× GRM). Excellent opportunity for anyone seeking durable income in the University District.

5230 16th Avenue NE, Seattle

Listing courtesy of Real Property Associates.

$482,000
2493620 MLS ⋅ ACTIVE Status
Great 4-plex investment opportunity! Positive cash flow. Rarely a vacancy. Clean 2-story building. Extensively updated in 2013 including roof and foundation. Vinyl windows. Each unit metered separately for power. Conveniently located in high tenant sought after central Aberdeen location; close to shopping, restaurants and most necessary services. Bus stop nearby. A great property for your portfolio or owner occupant with low down payment options.

307 N E Street, Aberdeen

Listing courtesy of Group 7 Inc., Real Estate Serv.

$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..

$3,999,000
2493118 MLS ⋅ ACTIVE Status
Excellent investment opportunity to purchase a 36-unit, single-story, garden-style apartment complex in Centralia, WA. All units consist of 1-bedroom units, which are both well-maintained and have strong historic rental history. Increases in several recently rented units indicate potential for additional rental income. On-site laundry to provide additional income (equipment is owned rather than leased and included in the sale). Property is centrally located in the Centralia-Chehalis area, with I-5 a short 5-minute drive away. Ample parking with both assigned spaces and street parking. All the roofs were replaced and windows upgraded to vinyl double-pane windows in 2015. Priced at $4.45M (or less than 124k/unit), which provides a cap rate of 6.82% based on the current actuals.

1100 S Pearl Street, Centralia

Listing courtesy of Windermere Northwest Living.

$449,950
2492238 MLS ⋅ ACTIVE Status
HOUSE HACKERS - this property is a great way to offset your mortgage living on one side and continue renting the other! INVESTORS - this a great turn key rental to add to your portfolio that even has potential to push rent higher! Unit 1 is a 1 bed 1 bath and Unit 2 is a 2 bed 0.75 bath. The property has been updated with LVP flooring, paint, and appliances! Conveniently located near the Tacoma Link Light Rail, UW Tacoma, Stadium District, Hospitals, restaurants, shops, entertainment, and more! Potential condoization for even more opportunity? Buyer to verify!

1123 S M Street, Tacoma

Listing courtesy of Theory Real Estate.

$750,000
2492608 MLS ⋅ ACTIVE Status
$6,250 per month in occupied rents! Huge 140 x 120 building ready lot with septic already installed! Views of Mt Rainier & the Cascades. Excellent neighborhood with close access to freeways & the Puyallup S.D. Discover this incredible investment opportunity featuring multiple income producing units. This property delivers strong cash flow & is near everything you need! This is a rare opportunity combined with a great location. Main home is 2-bedroom, 1-bath, currently rented at $1,750/month. The 1,800 sq ft heated garage with 600 sq ft of office or additional storage space is currently rented for $2,750/month and offers 2 oversized 14' tall x 12' wide doors, a half bath, fully insulated, ready for engine hoists & equipped with 320 amp power. A fully remodeled 1-bedroom, 1-bath non-conforming ADU, attached to the rear of the large shop, also generates $1,750/month.

7415 100th Street E, Puyallup

Listing courtesy of Terrafin.

$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.

$925,000
2491971 MLS ⋅ ACTIVE Status
Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom, 1-bath units, each offering 1,000 square feet of comfortable living space. Functional layouts, generous unit sizes, and consistent rental demand support strong long-term performance. Property currently offers a cap rate of over 6%, making it an attractive addition to an investment portfolio. Significant capital improvement completed with a new tile roof installed in 2022, providing durability and reducing future maintenance concerns. Conveniently located near major commuting routes, shopping, dining, and everyday amenities. Large unit sizes, solid income potential, and key updates make this a compelling multi-family investment opportunity in a strong rental market. Excellent opportunity for investors seeking stable cash flow and long-term value.

34120 1st Place S, Federal Way

Listing courtesy of Real Broker LLC.

$479,999
2490633 MLS ⋅ ACTIVE Status
EXCELLENT OPPORTUNITY to Own This Fully Updated Tacoma Duplex, in the Heart of Tacoma’s Vibrant Hilltop Neighborhood. Ideal for House Hacking or Expanding Your Rental Portfolio. Two Fully Independent Units with Private and Separate Entrances, Fully Equipped Kitchens, ALL Appliances, Washers and Dryers, and Comfortable Living Quarters. Unit B on the Main Level Has High Ceilings, Two Bedrooms and Large Open Kitchen. Upper-Level Unit A Has One Bedroom and Galley Kitchen. Updates Include Newer Roof, Electrical, and Plumbing, plus Ductless Mini-Split System in Unit B Providing Heating and Cooling. Enjoy Care-Free Backyard, Parking Spaces for Four Cars to Park with Alley Access, Two Cars Tandem for Each Unit. This Duplex Offers Versatility with Ease of Maintenance; it's All Been Done and Ready to Cash Flow! Close to Everything – DT Tacoma, UW Tacoma, Tacoma Dome, Hospitals, I-5, and More. Outstanding Value in a Growing Neighborhood. Don’t Miss This One for Your Portfolio!

2529 S G Street, Tacoma

Listing courtesy of Real Broker LLC.

$619,000
2483383 MLS ⋅ CONTINGENT Status
Coastal duplex investment opportunity just steps from the beach! Built in 2019, this well-maintained duplex offers the perfect combination of income potential and coastal living. Each unit features 2 bedrooms, 2 bathrooms, modern finishes, ductless mini-split heating and cooling, private living spaces, and attached garage parking. Situated on a spacious corner lot just a short walk from beach access, the property is also minutes from downtown Long Beach's shops, restaurants, festivals, and year-round attractions. Whether you're looking to expand your investment portfolio, purchase a vacation property with income potential, or occupy one unit while generating rental income from the other, this property offers exceptional flexibility. Currently generating strong rental income with one unit available for easier viewing. Ample parking, low-maintenance construction, and a highly desirable location make this a standout opportunity on the Washington Coast. VA ASSUMABLE LOAN FOR POTENTIONAL QUALIFIED BUYER WHO WANTS TO OCCUPY VACANT UNIT A! *SELLER PAID FINANCE INCENTIVES UP TO 3% OF CLOSING COST AND TEMPORARY INTEREST RATE BUYDOWN*

1401 N Ocean Beach Boulevard Unit #A & B, Long Beach

Listing courtesy of Bolderson Realty.

$799,000
2488498 MLS ⋅ ACTIVE Status
Here is the investment opportunity that you have been looking for! 4 units, including an owner’s unit with 1,700+ square feet, 2 bedrooms, 3 bath, covered deck, 35 x 35 shop with 22 x 55 lean to that is rented. RV parking, single car garage with carport. The other 3 rental units are approximately 840 sq ft each with 2 bedrooms, 1 bath, washer/dryer, carport, small deck off of kitchen, close to town and walkable to post office, library and stores. Shop has bathroom.

45082 Shields Court, Concrete

Listing courtesy of Windermere RE Skagit Valley.

$900,000
2486776 MLS ⋅ ACTIVE Status
This fully rented fourplex offers an incredible opportunity for investors seeking steady cash flow in the heart of Auburn. Each of the four units features 2 bedrooms, 1 bathroom, and 750 sqft, appealing to a wide range of tenants. The property includes assigned parking for convenience and a community coin-operated laundry room for added income potential. Situated in a prime location near shopping, dining, and events, this investment is perfectly positioned for growth. Don't miss out on this turnkey rental property!

2250 I Street NE, Auburn

Listing courtesy of RE/MAX Elite.

$1,875,000
2486221 MLS ⋅ ACTIVE Status
GREAT INVESTMENT, FULLY RENOVATED 6-UNITS with steady rental income. Located just 7 blocks from the beautiful Saltar's Point Beach & Park to enjoy beachfront picnics, fresh salt air & more. Also close to Fort Steilacoom Park & just a 10 minute drive to Chambers Bay Golf. This Prime location is also close to Lakewood, University Place & McChord Air Force Base, in a quiet and quaint neighborhood within the Historic little town of Steilacoom. Duplex-style architecture, yet the property was developed as Condo Units in 2008 and has always been owned by a single investor versus 3 or 6 investors ... Current owner considering breaking into 3 Duplex Units if not sold to one investor who wants to own and manage the whole property with all 6-units, so don’t delay if you want to own all 6 in this great location! Updated roofs, windows, stainless appliances including W/D & microwaves in each unit, vinyl plank flooring, mini-split heat & A/C, + each unit has a deck w/ storage unit. 6 tax parcels for PSA. PLEASE Do Not Disturb Tenants! Access to interiors upon mutual acceptance on an acceptable PSA. 3-D Tour uploaded + Tour Video. Fidelity T&E.

814 5th St, Steilacoom

Listing courtesy of Coldwell Banker Danforth.

$900,000
2486273 MLS ⋅ ACTIVE Status
Turn-key 9-unit investment property in a convenient Hoquiam location, offering a 8.5% cap rate. Most units have been updated, one unit undergoing a refresh and will be rented soon. On-site coin-operated laundry adds additional revenue potential, Landlord storage spaces could potentially be converted to storage units or an additional 1 bedroom for extra income. Close to schools, services, and major routes for easy access. Two units, one 2 bedroom and 1 one bedroom could have floorplan changed to add a bedroom to each for increased cash flow.

517 Emerson Avenue, Hoquiam

Listing courtesy of Better Properties Grays Harbor.

$3,095,000
2485482 MLS ⋅ ACTIVE Status
We are pleased to present Rucker Court, a turn-key, well-maintained multifamily investment opportunity located just north of downtown Everett. Built in 1957 and recently renovated, the property comprises 14 1BD units, each averaging 630SF with approximately half of the units having views of the Puget Sound. The property provides stable in-place income with additional upside through the potential to increase rents by up to 6% to reach market rates. Every unit has been fully renovated with high-end finishes, including LVP flooring, countertops, interior & exterior paint, and SS appliances. Approximately half of the units have received new cabinets. The roof was replaced in 2024 with a full tear off and new TPO membrane.

2614 Rucker Avenue, Everett

Listing courtesy of Northmarq Multifamily, LLC.

$375,000
2481980 MLS ⋅ ACTIVE Status
Remodeled Tri-plex on Emerson Ave in Hoquiam. Two of the units have 2 bedrooms and 1 bath. The third unit has 3 bedrooms and 1 bath. Many improvements: New siding & paint 2020-2022. New skirting 2019. New porch coverings 2020. Updated vinyl double pane windows. Most of the plumbing & wiring upgraded between 2015 - 2017. New bathroom tub/shower & paint unit #1. Fresh paint, flooring & new stove unit #3. New refrigerator unit #2. Insulated. Hardwired smoke alarms. Co-op laundry. A yard area in back for playground. Partially fenced. Only short vacancy in 1 unit, seller did upgrades during that time. 1 parking spot with street parking as well.

508 Emerson Avenue, Hoquiam

Listing courtesy of Windermere RE/Aberdeen.

$1,799,948
2478326 MLS ⋅ ACTIVE Status
Investor Alert! Owner financing available, 20-25% down, 4% int.,30year do in 10.. Incredible opportunity to own a fully remodeled 4-plex in the heart of SeaTac. Each spacious unit features three bedrooms with modern, sleek finishes and open-concept living. This is a true top-to-bottom renovation with new electrical, plumbing, mini-split systems, and all improvements brought up to current code. Every unit offers in-unit washer and dryer, security system hookups, and access to on-site car charging stations, with one ADA-compliant unit included. Upper units boast private balconies, while lower units feature covered patios. Unbeatable location just minutes to I-5 access and Sea-Tac International Airport, and within walking distance to public transportation. Conveniently located near Westfield Southcenter, community parks, schools, shopping, and more.

4617 S 189th Street, SeaTac

Listing courtesy of John L. Scott, Inc.

$700,000
2477548 MLS ⋅ ACTIVE Status
Fantastic investment opportunity! This well-maintained 4-plex is a strong, turnkey addition to any rental portfolio, offering solid income and a current cap rate of approximately 7.5% with excellent cash flow. The property has a history of stable, long-term tenants and shows pride of ownership throughout. Three units feature 2 bedrooms and 1 bath, each with a dedicated storage unit and covered parking space. The fourth unit has been thoughtfully converted to a 3-bedroom, expanding rental potential and versatility. Residents enjoy a large shared balcony, and the on-site laundry room has been updated with a new electrical panel and its own hot water tank. The coin-operated laundry provides reliable additional income. Opportunities like this don’t come along often—secure this high-performing asset for your portfolio today.

504 N 7th Avenue, Kelso

Listing courtesy of Windermere Northwest Living.

$340,000
2478392 MLS ⋅ ACTIVE Status
Well maintained duplex offering a solid investment opportunity with immediate income. Both units are currently tenant occupied, offering built in cash flow from day one. Each unit features a functional layout with separate entrances, making this an ideal option for investors or owner occupants looking to offset their mortgage. Conveniently located near schools, shopping, and local amenities with easy access to Hwy 101. Low-maintenance property in a growing rental market don’t miss this value add opportunity.

244 Emerson Avenue, Hoquiam

Listing courtesy of COMPASS.

$1,350,000
2477475 MLS ⋅ ACTIVE Status
Turnkey downtown Leavenworth Bed & Breakfast grossing ~$200k annually with proven, verifiable income. Operated as three independent booking units: main level commercial lounge space with attached private owner or guest suite and half bath, upper level features three spacious lock off bedrooms, each with full en suite bathroom and shared kitchen, living and deck areas, lower level is a fully separate one bedroom apartment with private entrance, full kitchen and living room. Prime Front Street location steps from shops, restaurants and festivals. Completely furnished turnkey sale includes all furniture, décor, linens and established bookings. Ideal live in owner opportunity. Full financials with NDA. Rare high cash flow opportunity!

1112 Commercial Street, Leavenworth

Listing courtesy of Kelly Right RE of Seattle LLC.

$525,000
2476490 MLS ⋅ ACTIVE Status
Well-maintained duplex tucked away on a quiet street in a highly desirable Lacey location, conveniently close to schools, shopping, and everyday amenities. This side-by-side property features two spacious 2-bedroom, 1-bath units, each with an attached garage and private fenced yard — an attractive setup for both tenants and owner-occupants. Designed with a functional, conventional layout, each unit offers a large living area, generous kitchen with direct backyard access, and in-unit washer and dryer. Strong rental history with recent upgrades. This desirable investment creates flexibility for investors or those looking to offset their mortgage through house hacking. With consistent rental performance, fair-market rents, and solid construction, this property presents an excellent opportunity to add a reliable asset to your investment portfolio. Units A and B are currently rented for $2,100 apiece!

7438 Mullen Road SE Unit #A-B, Lacey

Listing courtesy of Realty One Group Bold.

$569,999
2476036 MLS ⋅ ACTIVE Status
Turn-key Investment Opportunity! Approved triplex has been utilized as a 5-plex, with the upper level divided into 3 studio units (they share a bathroom). All units have individual kitchens. Updated building & units with strong cash flow—currently grossing $5,210/mo ($65,680/year) and approx. 9.37 % cap rate. Unit 1 fully remodeled with modern interior; Unit 5 carpet replaced 2 years ago. New coin-op laundry and water heater. Unit 1, 4 left vacant for potential owner-occupancy/upgrade to drive up value—only unit available for showing. Great in-city location with easy access to Everett CC, hospitals, shops, cafes, and freeways. Loyal long-term tenants, rent below market.

2515 Oakes Ave, Everett

Listing courtesy of Kelly Right RE of Seattle LLC.

$3,159,000
2473278 MLS ⋅ ACTIVE Status
Stabilized 11 unit Class A townhome style multifamily portfolio consisting of three triplexes and one duplex, constructed in 2021 and offered together as a single asset. The property has a consistent operating history with strong rental demand, predictable cash flow, and is fully occupied with historically zero vacancy. Clean, verifiable financials.Units feature modern layouts and finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, LED lighting throughout, ductless mini split heating and air conditioning, high speed internet, private garages, and private patios for each unit. Low near term capital requirements due to newer construction. 18 on site parking spaces and well maintained landscaping supported by an automated irrigation system.High quality, low maintenance multifamily portfolio with convenient I-5 corridor access, centrally located between Seattle and Portland, and close to schools, hospital, college, and everyday amenities. Detailed financials available upon execution of NDA.

1409 1412, 1413, 1414 Nora Lane, Centralia

Listing courtesy of RE/MAX Premier Group.

$900,000
2468343 MLS ⋅ ACTIVE Status
Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

4811 S 252nd Place, Kent

Listing courtesy of Kidder Mathews.

$900,000
2468325 MLS ⋅ ACTIVE Status
Timber Heights 4-plex for sale. The subject property has benefited from recent capital improvements, including updated property systems, new roof and modernized interior finishes. The combination of updated interiors, improved building systems, and efficient layouts positions the properties as attractive, low-management investments with predictable cash flow for years to come. This turn key deal is being offered for sale both as in individual sale or as a joint sale alongside the adjacent fourplex currently on the market. Please reference the document room for access to marketing, rent roll and form 17.

4809 S 252nd Place, Kent

Listing courtesy of Kidder Mathews.

$1,330,000
2467083 MLS ⋅ ACTIVE Status
Investor Alert! Rare opportunity to acquire two one-story triplexes totaling 6 units in a highly convenient Tacoma location. These income-producing, hard-to-find assets feature three 2-bedroom / 1.5-bath units per building, each with washer/dryer hookups.Recent improvements include new roof and gutters, fresh exterior paint, and interior updates throughout. Each unit is equipped with carport parking and dedicated storage. Ideally located minutes to I-5 and SR-512, transit, schools, golf course, and Tacoma Mall. Buildings may be sold separately, offering flexibility for owner-occupants to live in one unit and rent the others, or for investors seeking stable cash flow.

6905 6909 S Madison, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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