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

2515 Thorndyke Avenue W, Seattle

Listing courtesy of Westlake Associates, Inc..

$850,000
2564295 MLS ⋅ ACTIVE Status
Recently updated, 10-unit complex. New windows, new siding, new exterior paint. Two units, 1 & 10, have been fully updated with new flooring, fixtures, cabinets, and countertops. Units 2, 3, 5, & 6 are ready to begin updates. Price reflects these units still needing updating. There is plenty of room for continued rent increases as updates are completed. This property is centrally located and right on the bus line for easy public transportation

2320 Simpson Avenue, Aberdeen

Listing courtesy of List4FlatFee.com, LLC.

$2,300,000
2563692 MLS ⋅ ACTIVE Status
Exceptional investment opportunity just minutes from Green Lake. This well-maintained 11-unit apartment building features a desirable unit mix of nine studios and two one-bedroom units. Professional management is already in place and available to continue operations, offering a seamless transition for a passive investor. The property is zoned LR3 (RC), providing attractive future development potential. Amenities include off-street parking, storage lockers, coin-operated laundry, and individual water heaters for each unit, all replaced in 2023. Five of the eleven units have been remodeled. Ideally located within walking distance of the Roosevelt Light Rail Station, and the Green Lake Park & Ride, ,Convenient access to downtown Seattle, shopping, dining and recreation. A rare opportunity for the move-up investor seeking stable income today and long-term growth potential tomorrow.

6537 Oswego Place NE, Seattle

Listing courtesy of Windermere Bellevue Commons.

$2,750,000
2561260 MLS ⋅ ACTIVE Status
The Viking apartment is a well located multi-family apartment building situated in the heart of Ballard. The Viking offers investors the opportunity to acquire a fully leased property with an in-place income stream, strong renovation upside and long-term rental growth. The Viking is a 10-unit multi-family property built in 1965. The building features 9 one bedroom, one bath units and one 2 bedrrom, 1 bath unit. Laundry room with storage lockers on the first floor. 3 carports and 3 off street parking spaces.

5920 24th Avenue NW, Seattle

Listing courtesy of L. Dankers Real Estate Group.

$3,000,000
2559385 MLS ⋅ ACTIVE Status
Norseman Apartments is a well maintained 32-unit garden-style community built in 1979 at 1913 Coolidge Road in South Aberdeen, offering all two-bedroom, one-bath homes of approximately 840 square feet. he property has received $654,470 in recent capital improvements, including roof replacements, siding replacements, foundation and framing repairs, and double-pane window replacements, along with various unit interior renovations. Every residence includes in-unit washer and dryer hookups, and with additional renovations there is a straightforward path to higher achievable rents while supporting stable occupancy.

1913 Coolidge Road, Aberdeen

Listing courtesy of Westlake Associates, Inc..

$2,000,000
2553708 MLS ⋅ ACTIVE Status
SELLER FINANCING AVAILABLE. The Villa Apartments is a well-located 10-unit apartment building situated in one of Tacoma's most coveted and historically stable submarkets — North Tacoma. Offered to the market for the first time in over 25 years, this is a rare opportunity to acquire a long-held, carefully maintained asset in a neighborhood that consistently commands strong tenant demand and above-average rent growth. The property presents a compelling value-add investment profile, with dated interiors that reflect the building's long-term ownership and offer a clear path to modernization. A strategic renovation program targeting updated finishes, fixtures and exteriors would allow a new owner to drive meaningful rental growth and unlock significant upside in stabilized value. Adding to the opportunity, the seller is offering attractive financing terms, providing qualified buyers with a distinct advantage in today's elevated interest rate environment. North Tacoma's appeal is well established - tree-lined streets, walkable neighborhoods, proximity to the University of Puget Sound, Tacoma's best retail and dining corridors, and consistently low vacancy make it one of the most sought-after multifamily locations in the South Sound.

1115 N 12th Street, Tacoma

Listing courtesy of Kidder Mathews.

$2,525,000
2553931 MLS ⋅ ACTIVE Status
The Monterey Apartments feature elegant and timeless architecture that appeals to a broad spectrum of renters seeking character and warmth not found in typical new buildings. There are a total of 13 apartments with a balanced mix of spacious studios and one-bedrooms and a large (1,253 SF), recently renovated two-bedroom plus den floor plan. The units are inviting and comfortable, with tall ceilings, beautiful original hardwood floors, efficient floor plans, charming period details and great natural lighting. Units on the upper floor enjoy wonderful territorial views of Green Lake and Greenwood.

8008 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,250,000
2553414 MLS ⋅ ACTIVE Status
Excellent opportunity to own a classic two-story, 14-unit multifamily apartment complex in Aberdeen. Built in 1923, this property showcases the charm and character of early 20th-century apartment design while offering functional, diverse living spaces that support strong rental appeal. Conveniently located remarkably close to everyday services, shopping, dining, transit, and local amenities, and situated directly across from a school, this property offers a central location tenants appreciate. The unit mix includes two true studio apartments, six studios with bonus rooms, four one-bedroom units, and two two-bedroom apartments, creating flexibility for a variety of rental needs. With a strong and consistent rental history based on a conservative vacancy rate, this property delivers an attractive cap rate and proven income performance. Its combination of historic character, steady demand, and practical unit variety makes it a compelling option for investors seeking stability, cash flow, and long-term value. Whether you are expanding your portfolio or looking for a well-positioned multifamily asset in an established Aberdeen neighborhood, this 14-unit property is worth a closer look. Buyer to verify all information, financials, zoning, rental history, condition, and due diligence to their satisfaction. Active maintenance in progress. Will provide entry to all Apartments after Mutual. MUST give at least 48+ hrs. time to post notices for ALL showings. Will place RE Sign shortly.

301 W 3rd Street, Aberdeen

Listing courtesy of John L. Scott, Inc..

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

3232 15th Avenue W, Seattle

Listing courtesy of John L. Scott, Inc.

$2,850,000
2551532 MLS ⋅ ACTIVE Status
12-unit apartment complex (3 fourplexes) in the tight-knit border community of Sumas! Located directly adjacent to Sumas Elementary School in a quiet part of town, but only blocks away from eating and retail establishments on State Route 9, and minutes from the US/Canada border crossing. Units are 3-bed/2.5-bath with fully equipped kitchens, washer/dryer, vinyl and carpeted floors, and outdoor patio. Plenty of on-site parking for tenants. Professionally managed since being built in 2019 with a strong rental history.

404 Front Street, Sumas

Listing courtesy of Muljat Group.

$2,800,000
2550353 MLS ⋅ ACTIVE Status
We are pleased to present the Cremona Apartments, an 11unit apartment community built in 1961, offered to the market fully vacant at closing. This rare delivery provides investors and owner-occupants alike the immediate ability to lease all units at current market rents, pursue targeted renovations, or both with no displacement concerns and no inherited lease obligations. The building offers a well-rounded unit mix of one studio, six one-bedrooms, one one-bedroom plus den, and three two-bedrooms, set on a quiet residential street with six surface parking spaces. The common area, which houses individual storage units and a shared laundry hookup, is generously proportioned and may present an opportunity to incorporate into the adjacent studio unit as additional net rentable space, buyer to verify. Centrally positioned between Ballard, Fremont, South Lake Union, and Downtown Seattle, residents enjoy convenient access to the city’s most active employment corridor, with Meta, Apple, Anthropic, Google, Amazon, and Expedia all within easy reach. The Cremona Apartments represent an immediate executable opportunity in one of Seattle’s most desirable and supply-constrained neighborhoods. Delivered vacant, priced for today’s market, and positioned within minutes of Seattle’s strongest employment and lifestyle anchors, this is a rare chance for a new owner to set rents, define the tenant profile, and reposition the asset from day one with zero friction.

34 W Cremona Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$2,300,000
2550902 MLS ⋅ ACTIVE Status
Fantastic investment opportunity in prime downtown Mount Vernon location. Fully rented, this 13,000 square foot property features a beloved, long-term retail tenant on the main floor with ample living space above. On the second floor you'll find a mix of 18 rental units which include full apartments and individual rooms along with communal kitchen, restrooms, and coin operated laundry. These units offer a great opportunity for low income housing and are in great demand. Located in the heart of downtown, this historic building is within easy walking distance of the Skagit Riverwalk, grocery stores, restaurants, the Lincoln Theatre, summer concerts, farmers markets, shops, and everything downtown Mount Vernon offers.

701 S 1st Street, Mount Vernon

Listing courtesy of Pettruzzelli Inc.

$3,800,000
2538805 MLS ⋅ ACTIVE Status
Built in 1968 and positioned on the corner of Carr Street and N 30th Avenue, Harbor View Apartments occupies one of Old Town Tacoma's most coveted residential addresses. The property's strategic location places residents at the heart of one of Tacoma's most vibrant and historically rich neighborhoods, with immediate access to the boutique shops, acclaimed restaurants, and waterfront amenities that define the Old Town experience. 6 of the 16 units have been recently renovated with modern finishes and in-unit washer & dryer. Many of the units enjoy sweeping water views of Commencement Bay. The property features a desirable unit mix of eight one-bedroom homes averaging 722 square feet and eight two-bedroom homes averaging 925 square feet, providing a well-balanced offering that appeals to a broad spectrum of renters. Currently 100% occupied, Harbor View demonstrates the enduring and consistent rental demand that characterizes well-located assets in supply-constrained submarkets. With in-place rents of approximately $24,400 per month against a market rent potential of approximately $30,000 per month, the property presents a compelling value-add opportunity with nearly $5,600 per month in proven rent upside through a thoughtful interior modernization program

2902 N Carr, Tacoma

Listing courtesy of Kidder Mathews.

$2,800,000
2538763 MLS ⋅ ACTIVE Status
Built in 1959 and representing the quintessential Tacoma brick construction, Viewcrest Terrace Apartments is a meticulously maintained asset that has stood the test of time - both in physical condition and locational relevance. The property sits on the corner of Tacoma's prominent 6th Avenue corridor and S Jackson Avenue, offering residents sweeping views of Puget Sound and the Narrows Bridge from one of the most coveted residential locations in the city. Despite its premier positioning, the property presents a compelling light value-add opportunity with approximately $4,000 per month in unrealized rental upside between current in-place rents and market rates. A targeted interior modernization program focused on updated finishes, fixtures, and unit upgrades provides a clear and executable path to capturing meaningful rent premiums — without the need for significant structural or exterior capital investment. The building's exceptional physical condition allows a new owner to focus exclusively on value creation rather than deferred maintenance

601 S Jackson Avenue, Tacoma

Listing courtesy of Kidder Mathews.

$2,949,950
2535283 MLS ⋅ ACTIVE Status
Turnkey multifamily investment opportunity in Port Angeles — 14 units across two tax parcels, 100% leased with zero vacancies, delivering immediate cash flow from day one. The 12-unit apartment building has had 8 of the units fully refreshed throughout, updated and move-in ready. A brand new roof was installed in 2024, protecting your investment from day one. A second parcel adds a single-family home and single-wide manufactured home, rounding out a diversified income portfolio. Several units are currently below market rent, offering strong upside potential through natural turnover — ideal for investors seeking a value-add play or 1031 exchange opportunity. The second parcel also carries potential for up to 7 additional units, subject to buyer verification with Clallam County, making this a compelling development opportunity in a supply-constrained market. Located in the heart of Port Angeles — gateway to Olympic National Park, minutes from the Strait of Juan de Fuca waterfront, downtown dining, and the Coho Ferry to Victoria, BC. Strong rental demand driven by tourism, healthcare, and a growing remote workforce makes this a high-visibility rental market with lasting fundamentals. Stabilized asset. Fully occupied. Renovation complete. Room to grow.

2938 E Walnut Street, Port Angeles

Listing courtesy of Ideal Real Estate.

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

2629 2633 14th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,775,000
2525348 MLS ⋅ ACTIVE Status
$126K PER UNIT & 6.44% CAP RATE | Gen Villas is a cash-flowing value-add 14-unit apartment community situated on 2.62 acres in a serene creek-side setting surrounded by lush greenery in Lakewood, located less than 2 miles from Joint Base Lewis-McChord, Pierce County’s largest employer. The property consists of 14 units across two separate buildings: a 6-unit building located at the front of the property, originally constructed in 1972, and an 8-unit building situated at the rear of the property, built in 1955. The unit mix includes one 4-bedroom / 3-bathroom unit, one 3-bedroom / 1-bathroom unit, three 2-bedroom / 1-bathroom units, and nine 1-bedroom / 1-bathroom apartments. Seven units at the property have been updated to a similar finish level as photographed in Unit 5, featuring luxury vinyl plank flooring, fresh interior paint, and newer kitchen appliances and cabinetry. The opportunity exists for new ownership to complete cosmetic renovations to the remaining 7 units and increase rents approximately 17% to market. A Additionally, Units 1, 2, and 4 include in-unit washer and dryer stacks, while the remaining units benefit from access to an on-site community laundry facility. Residents benefit from an ample supply of off-street parking, including 6 carports and 3 surface parking stalls serving the front building, as well as an additional 16 surface parking stalls designated for the rear building.

12413 Bridgeport Way SW, Lakewood

Listing courtesy of Blake Investment Advisors.

$1,725,000
2524342 MLS ⋅ ACTIVE Status
Harbor House Apartments is a well-maintained 18-unit garden-style community built in 1965 in Hoquiam. Offering two-bed, one-bed and studio unit floor plans, Residents have quick access to US-12, major employers in Hoquiam and Aberdeen, creating a practical neighborhood setting. The property has received over $37,000 in recent capital improvements.

702 L Street, Hoquiam

Listing courtesy of Westlake Associates, Inc..

$1,095,000
2524354 MLS ⋅ ACTIVE Status
Harbor House Condominiums is a well-maintained 12-unit garden-style community built in 1965 in Hoquiam. Offering two-bed, one-bed and studio unit floor plans, Residents have quick access to US-12, major employers in Hoquiam and Aberdeen, creating a practical neighborhood setting. The property has received over $111,000 in recent capital improvements.

701 L Street, Hoquiam

Listing courtesy of Westlake Associates, Inc..

$3,500,000
2524374 MLS ⋅ ACTIVE Status
Sunnyside Sands Apartments is a well-maintained 40-unit garden-style community built in 1965 in Hoquiam. Offering two-bed and one-bed unit floor plans, Residents have quick access to US-12, major employers in Hoquiam and Aberdeen, creating a practical neighborhood setting. The property has received over $173,000 in recent capital improvements.

621 7th Street, Hoquiam

Listing courtesy of Westlake Associates, Inc..

$6,250,000
2523459 MLS ⋅ ACTIVE Status
Built in 1960, The Bayview consists of 27 well-maintained units featuring a mix of studios, one-bedroom, and two-bedroom apartments. Each unit offers hardwood floors, large windows, and updated appliances. The property includes common laundry facilities, secured tenant storage, and ample on-site parking on the east side of the building. The adjacent property at 2233 NE 46th Street is for sale, as a Portfolio Opportunity totaling 47 units, see listing MLS#2523446.

2233 NE 46th Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$4,650,000
2523446 MLS ⋅ ACTIVE Status
Constructed in 2016, Bayview West offers a modern living experience with 20 units comprising studios, one-bedroom, and two-bedroom apartments. These upscale units boast sleek finishes, urban layouts, easy-care plank flooring, stainless steel appliances, large windows, in-unit washer and dryers, and patios in select units. The adjacent property at 2233 NE 46th Street is for sale, as a Portfolio Opportunity totaling 47 units, see listing MLS#

2249 NE 46th Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,950,000
2520059 MLS ⋅ ACTIVE Status
Investor Alert!!! This 11 unit complex on 2 tax parcels is ideally located minutes away from the PSNS State Street Gate offering convenient access to Ferries, PSNS, and all that downtown Bremerton has to offer (fabulous new restaurants, shops, nightlife, Beautiful waterfront parks and marina....MORE). This Stabilized asset boasts a TRUE 6.4% cap rate INCLUDING: Management (10%), Maintenance and Repairs, Utilities, Taxes and Insurance....you won't find many properties that pencil this well when you are honest about your expenses. Self managing these units would provide a cap rate over 7.3%!! Storage available for tenants to rent for additional income as well as 5 garage spaces. Fully updated in the 2010's these units show well and rent easily. Dual paned windows in all units, Heat pump in one unite and Gas heat in the 6 unit building. These units show well and rent easily due to the location and condition. No internal showings until mutual acceptance.

1215 Burwell Street, Bremerton

Listing courtesy of REally Properties Inc.

$10,500,000
2519748 MLS ⋅ ACTIVE Status
This 1.13-acre development site in the heart of City of Woodinville is fully entitled and approved for 161 units, allowing you to skip years of permitting - with the heavy lifting already done. The development site spans across five contiguous lots consisting of a strong multifamily submarket demand drivers with high desirable community in the city. Woodinville is consistently ranked as Washington’s best place to live, offering a wealthy resident base and easy access to major employers like Microsoft, SpaceX, and the Bothell University of Washington and biotech hub. With a massive shortage of housing in the area and quick access to I-405, this project is perfectly positioned to meet the high demand for luxury living. This is a rare, high-reward opportunity to enter a top-tier market with all the heavy lifting already finished.

12461 NE Woodinville Drive, Woodinville

Listing courtesy of Realty One Group Enterprise.

$2,500,000
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
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.

$1,120,000
2508321 MLS ⋅ ACTIVE Status
Hard to find 12-unit apartment building featuring a strong mix of 2 studio units and 10 one-bedroom units. This well maintained property has had recent updated, offering improved condition, modern appeal, and reduced immediate capital needs.It’s producing strong in-place rental numbers, with the rents hitting the 1% rule makes this a solid cash flow type deal for investors looking for performance right away.The seller is also currently offloading 521 W 3rd Street and 107 W 4th Street in Aberdeen, so there’s potential to look at all 3 properties together for a deal or package opportunity.

215 E 1st Street, Aberdeen

Listing courtesy of Spivey Realty Group, LLC.

$2,650,000
2501659 MLS ⋅ ACTIVE Status
Rare add-value multifamily investment opportunity in Lacey! This well-maintained portfolio includes 3 tax parcels with 13 total units: one parcel features a single-family home and a 4-plex, while the other two parcels each include a 4-plex. All units are fully occupied with strong rental history. Conveniently located near I-5, JBLM, shopping, and schools. Great mix of unit types, stable income, and future upside. Ideal for both seasoned and new investors looking for scale and long-term growth in a strong rental market.

1608 Ruddell Road SE, Lacey

Listing courtesy of TS Property Management.

$10,250,000
2495226 MLS ⋅ ACTIVE Status
Cascade School Apartments is a 51-unit historic adaptive-reuse multifamily community originally built in 1922 and thoughtfully redeveloped through 2024–2025, blending timeless architecture with modern residential upgrades. Designed by Tacoma-based firm Hill, Mock & Griffin, the property features high ceilings, expansive windows, and durable construction that create a distinctive living environment rarely found in today’s market. Supported by federal historic tax credits and a property tax reduction, the asset offers an attractive basis, reduced near-term Cap Ex, and improved long-term cash flow stability. Located in the heart of downtown Chehalis along the I-5 corridor between Seattle and Portland, the property benefits from strong regional connectivity, walkable access to local amenities, and a supply-constrained market supported by ongoing downtown revitalization. With four-sided site access, dual entry points, future development potential on the 2.08-acre site, and possible expansion through additional unit development (buyer to verify), Cascade School Apartments presents a rare opportunity to acquire a stabilized, tax-advantaged historic asset with differentiated product and embedded upside.

101 SW 2nd St, Chehalis

Listing courtesy of Lee & Associates Commercial RE.

$5,200,000
2493947 MLS ⋅ ACTIVE Status
We are pleased to present the Cherry Creek Apartments, a highly desirable 18-unit multifamily community located in Monroe, WA. It offers a diverse unit mix consisting of 1BD flats, 2BD flats, and spacious 2 & 3BD townhomes, with an average unit size of 1,134SF. The property has undergone extensive renovations, with most residences featuring SS appliances, granite CT, LVP flooring, modern lighting, refaced cabinetry, and in-unit W/D. It provides a superior parking ratio of 2.67 spaces/unit, including 20 garage spaces and 28 surface stalls. Select townhome units feature attached 2-car garages and floorplans up to 1,450SF, positioning Cherry Creek as a competitive alternative to single-family housing.

520 S Kelsey Street, Monroe

Listing courtesy of Northmarq Multifamily, LLC.

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