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$1,550,000
2525364 MLS ACTIVE Status
This presale 4-unit property at The Ridge offers a versatile opportunity for investors and owner-occupants alike, combining strong rental potential with modern design and a desirable location. Each residence features its own private single-car garage and a thoughtfully designed floor plan that places the main living, kitchen, dining area, and powder room on the second level, creating a bright and open living space. The kitchens are finished with quartz countertops and complemented by durable luxury vinyl plank flooring throughout the main living areas for both style and functionality. Each unit includes a spacious primary suite with a walk-in closet and private ensuite bath, along with two additional bedrooms and a full bathroom + 1/2 bath, providing flexible living arrangements. This property is well-suited for a variety of income strategies, whether expanding a rental portfolio or living in one unit while leasing the others. Located approximately 25 minutes from Bellingham, The Ridge is a pet-friendly community with walking trails throughout, offering a neighborhood feel while remaining convenient to daily amenities. Nearby attractions include local dining, the Blaine Marina, and quick access to I-5 and the Canadian border, making it an excellent option for commuters.

2290 SWEET GUM LOOP, Blaine

Listing courtesy of Doug Freeman Real Estate.

$899,990
2526828 MLS ACTIVE Status
In-city Seattle multifamily rental with strong demand and long-term potential in the highly desirable 98144 / North Beacon Hill area. This property offers dependable rental income, a convenient location, and a clear path to future value through market rent alignment and strategic improvements. With a proven history of long-term tenants and low vacancy, it’s the kind of asset investors look for today, with room to grow. Easy access to downtown Seattle and major commuter routes makes it a smart addition to any portfolio or an excellent first multifamily purchase. This property with solid bones and a beautiful location offers a great opportunity for buyers ready to add value. With a little work and vision, this property has the potential to shine and deliver long-term returns.

1312 15th Avenue S, Seattle

Listing courtesy of KW Greater Seattle.

$979,999
2520517 MLS ACTIVE Status
Stunning Victorian 4-plex spread over two buildings that were fully rebuilt from the studs out in 2018. These units blend historic character with modern luxury! All units are fully furnished, and the sale includes all furniture, linens, dishware, décor and household essentials—offering a truly turnkey, income-producing highly rated vacation rental property from day one (ratings listed below). Each unit features its own in-unit washer and dryer. Prime Hilltop location with excellent walkability to the Tacoma light rail, convention center, UW Tacoma, and local museums, plus less than a mile from three major hospitals (about a 3-minute drive or 5-minute bike ride), making it highly desirable for traveling professionals and 30+ day furnished rentals. Thoughtfully designed unit mix offers strong income potential across all four units. Unit 1 features a spacious 1 bed/1 bath (900 SF) with open living and dining layout, sleeping 3 and averaging $2,838/mo (4.86/5 Star Rating). Unit 2 is the largest at 3 bed/2 bath (1,335 SF), sleeping 8, highlighted by partial Mt. Rainier views and two private decks, averaging $3,841/mo (4.9/5 Star Rating). DADU lower unit includes 1 bed/1 bath (600 SF), tile flooring in a sleek kitchen, sleeping 2, averaging $2,745/mo (4.85/5 Star Rating). Upper DADU is a cozy 1 bed/0.75 bath (600 SF), also sleeping 2, averaging $2,443/mo (4.84/5 Star Rating). Excellent opportunity for investor or house-hack buyer seeking strong in-place income and flexibility.

1214 S I Street, Tacoma

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,299,000
2506572 MLS ACTIVE Status
Turnkey four-unit investment opportunity in Seattle’s sought-after Ravenna neighborhood, offering strong in-place income, tenant appeal, and future redevelopment upside. This rare “Rambler style” features four corner units with identical floor plans in a single-level building, creating efficient management, broad rental appeal, and long-term flexibility. Located on a quiet residential street with easy access to the University of Washington, downtown Seattle, Ballard, and I-5, this property sits in one of North Seattle’s most desirable rental corridors. Three units feature brand-new kitchens and bathrooms, while restored original wood floors and added LVP flooring enhance durability and appeal. Each unit includes a private garden entry, with shared laundry and 4+ parking spaces, adding convenience for tenants. Set on a 4,460 SF lot with L3(M) zoning and upzoned potential for additional units, this asset offers both immediate income and future upside. Preferred lender financing on the investment, not your W-2's - 25% down 5/6 ARM interest only giving you $757/mo positive cashflow - naturally subject to change based on rates.

2110 NE 85th Street, Seattle

Listing courtesy of Bentley Properties.

$1,585,000
2517241 MLS ACTIVE Status
Opportunity for Development in Prime Leschi Location Rare 8,000 sq. ft. double lot in the highly sought-after Leschi neighborhood, offering partial views of Lake Washington. Exceptional opportunity for investors, builders, or developers seeking strong land value and future upside. Property is zoned LR1, presenting potential for redevelopment or reconfiguration (Buyer to verify). Existing 1901 Victorian structure has been converted into four residential units, providing interim income while planning your project. Value is primarily in the land and development potential. Owner occupies one unit—subject to landlord/tenant laws. Do not disturb tenants or access property without an appointment. Possible seller financing. Buyer to verify all information to their own satisfaction.

3004 E Yesler Way, Seattle

Listing courtesy of KR Brokers.

$950,000
2511533 MLS ACTIVE Status
Four-plex! Located in Tacoma’s desirable North End, this property sits in a well established residential area known for its classic architecture, tree lined streets, and close proximity to local parks, schools, and everyday amenities. The neighborhood features a mix of historic and updated homes built between the late 1800s and early 2000s, contributing to its charming and timeless character. Nearby, residents enjoy access to shopping, dining, and recreation throughout the North End community. Unit one on the main floor has two bedrooms, one bath, a large living room and a bright and cheerful eat-in kitchen. Unit one has easy access to the fully-fenced backyard, four yard storage units and alley parking for 2 cars. Unit two is upstairs to the right, a one bedroom, one bath apartment, ready for some minor touchups. Unit three is also upstairs, another one bedroom, one full bath apartment with an open kitchen and living room. The fourth unit is a two story ADU with a separate entrance from the alley, one bedroom, and one bathroom, the kitchen has tons of storage, the in-unit laundry is on the main floor and the lofted bedroom upstairs makes for a cute and flexible unit. The main house basement is semi-finished, with laundry and storage or studio space. Two of the units are rented by long-term tenants who wish to continue their leases.

612 N Oakes Street, Tacoma

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

$885,000
2500711 MLS ACTIVE Status
PRIME TIME! Turn key 4-plex in the heart of Shelton, minutes from amenities and the hospital. Fully occupied and renovated—this is as close to new construction as it gets! Every unit has been completely remodeled with luxury LVP flooring, quartz countertops, hardwood cabinetry, brand-new appliances, and modern finishes throughout. Interiors feature fresh paint, abundant LED can lighting, new heaters, new doors, and fully updated bathrooms with new fixtures. Major exterior upgrades include a brand-new 30-year roof (2026), new seamless aluminum gutters and downspouts, new exterior paint, and energy-efficient double-pane vinyl windows. Each unit offers in-unit laundry along with a private oversized one-car attached garage—premium features that attract and retain quality tenants. A true long-term investment—all the hard work is done. Low-maintenance asset ready for immediate cash flow!

1125 N 13th Street Unit #B, Shelton

Listing courtesy of Keller Williams Realty PS.

$799,950
2502194 MLS ACTIVE Status
INVESTORS & HOUSE HACKERS - this is perfect for you! Great investment or a primary home that provides income opportunity to offset your mortgage! This 4 plex in South Tacoma checks all opportunity boxes! Each unit is about 850+ SF. There are (2) 2 bed 1 bath units and (2) 1 bed 1 bath units. Upstairs units each have private decks! Updates throughout include some paint, flooring, kitchens, bathrooms, & grounds! Plenty of off street parking off the alley for about 12 cars for tenants & guests! Coin operated on site laundry conveniently for tenants & additional income. There are also 5 large ~10x10 storage units for your tenants & management/owner! Section 8 approved! Minutes away from freeway access, DT Tacoma, bus & train station, shopping, entertainment, food, & more! Don’t miss out on this opportunity!

3572 3574 E F Street, Tacoma

Listing courtesy of Theory Real Estate.

$650,000
2498022 MLS ACTIVE Status
PRIME RMF DEVELOPMENT SITE | 4-UNIT POTENTIAL | 2022 TURNKEY RENO Unrivaled investment potential in the heart of the Renton Highlands. Strategically positioned for the forward-thinking developer, 1409 Union Ave NE offers a rare, level ~8,200 SF lot zoned RMF (Residential Multi-Family). Capitalize on Renton’s 2026 density updates with a site primed for a 4-unit project or high-density boutique multi-family stack (Buyer to verify yield and density with City). THE ASSET: Eliminate holding cost headaches. The existing 1,475 SF structure was fully renovated in 2022 with modern laminate flooring, a full contemporary kitchen, and updated systems. This is a turnkey "holding asset" capable of generating immediate rental income while you navigate the entitlement and permitting phase. COMMERCIAL POTENTIAL: The property features 4 dedicated parking spaces and has a long history of professional use. The RMF zoning allows for "Civic and Limited Commercial" uses that support the neighborhood. This is a standout for business owners seeking a standalone office hub or a unique live-work setup. NOTE: Buyer must verify current land use and permit status with the City of Renton for intended commercial occupancy or rental. PRIME LOCATION: Seconds from I-405, Sunset Blvd, and The Landing. Enjoy rapid access to Bellevue and Seattle in a sub-market seeing massive redevelopment. Level lot, RMF zoning, and 2022 high-end renovations. Priced competitively for a swift sale.

1409 Union Avenue NE, Renton

Listing courtesy of Keller Williams Eastside.

$578,000
2499367 MLS ACTIVE Status
Great opportunity to own an income-producing investment at the beach! This well-located 4-plex ideally located close to beach approaches, canals, and Damon Point. Each unit features 2 bedrooms and 1.5 baths, The half bath is off the primary bedroom. Functional layouts include full kitchens with all appliances, Dining room, spacous living room with fireplace, plus washer/dryers in every unit. all units are approx 988 Sqft. Tenants enjoy the balconies and small patio spaces, adding to long-term rental appeal. Strong income-producing property with consistent rental demand in a desirable coastal market—excellent opportunity for investors or owner-users looking to build equity at the beach.

555 Sunset Avenue NE, Ocean Shores

Listing courtesy of North Beach Realty OS LLC.

$950,000
2497615 MLS ACTIVE Status
Outrageous cash-flow opportunity in a prime Hilltop location near the light rail and hospitals! This fully furnished 4-plex offers 2,360 square feet of living space, delivering exceptional income potential. The property features two 2-bedroom units and two 1-bedroom units, all recently updated for modern appeal. The 1-bedroom units each feature en-suite layouts, and one unit even enjoys a rare peekaboo view of Mount Rainier. Major capital improvements have already been completed in the last few years, including roof, sewer, partial plumbing and electrical, and heaters. Additional features include shared washer/dryer, ample basement storage, and strong upside potential. With below-market rents, there is clear room for increased income. The flexible setup creates endless possibilities: continue as furnished rentals, explore short-term rental potential where permitted, and/or owner-occupy while generating strong rental income. Conveniently located with easy access to downtown, major commute routes, and light rail. Add this high-performing income property to your portfolio today.

901 S Grant Avenue, Tacoma

Listing courtesy of Keller Williams Rlty Bellevue.

$1,100,000
2480941 MLS ACTIVE Status
Exceptional investment and future development opportunity in Elma. Two duplexes (4 total rental units) situated across three adjoining parcels totaling 8.99 acres with GR – General Residential zoning.Current NOI of $40,281 with rents slightly below market, offering immediate upside through rent adjustments. Property is served by City water with septic systems in place; sewer connections are nearby (buyer to verify availability and capacity). No floodplain issues reported.Ample frontage on Garden Hill Rd provides strong access and potential layout flexibility for future development. Adjoining parcels include areas of commercial-grade alder timber, adding additional value components.Rare opportunity to acquire nearly 9 acres with in-place income — ideal for investors seeking land banking with cash flow or developers exploring subdivision potential. Shown by appointment only. Do not disturb tenants.

102 Garden Hill Road W, Elma

Listing courtesy of Riley Jackson Real Estate Inc..

$679,999
2480929 MLS ACTIVE Status
Investment Opportunity – Updated Multi-Family Duplex Property with Development Potential Excellent opportunity to acquire a well-maintained multi-family asset consisting of two freestanding duplex buildings (4 units total) with an attractive mix of unit sizes and strong long-term upside. Each building includes: • One spacious 3BR / 1.5BA unit (~1,624 SF) • One 2BR / 1.5BA unit (~920 SF) The larger units feature functional layouts including a main-level bedroom and generous bonus living area, creating flexible living space that appeals to both owner-occupants and tenants. Recent Capital Improvements • Units #11 & #15: Fully remodeled within the past three years including updated kitchens, bathrooms, flooring, and interior paint. • Units #12 & #16: Partially updated with refreshed kitchens and newer flooring. • Property-Wide Improvements: Newer appliances, roofs, and water heaters across all units. Parking Each unit includes an attached private garage, a highly desirable feature for tenants and future resale value. Development Upside. Situated on a large lot with additional build potential, the property offers opportunities for further expansion or redevelopment. Investors may also purchase individually or combine with adjacent property (NWMLS #2433761) for a larger assemblage and expanded development possibilities. A compelling combination of current income, recent upgrades, and future development potential.

102 Garden Hill Road W, Elma

Listing courtesy of Riley Jackson Real Estate Inc..

$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.

$300,000
2475561 MLS ACTIVE Status
Rare Aberdeen fourplex opportunity with flexible layout and strong upside potential! The main building offers ~2,106 sq ft and includes three units with a covered front porch, back utility and laundry areas —Units 1 and 2 are both 2 bed/1 bath, and Unit 3 is a studio. The fourth unit is a separate ~620 sq ft single-family home located in the second building at the rear of the property, featuring 2 bedrooms and 1 bath, along with a detached ~384 sq ft garage for added value and functionality. Current rents are below market (unit 1 vacant, unit 2 625, unit 3 450, unit 4 625) with significant upside; pro forma rents could approach ~$4,000 per month with minimal change. A solid investment with multiple unit types, outdoor features, and long-term potential in a convenient Aberdeen location.

324 N F Street, Aberdeen

Listing courtesy of Spivey Realty Group, LLC.

$1,575,000
2469369 MLS ACTIVE Status
This presale 4-plex at The Ridge presents a rare opportunity for both investors and owner-occupants seeking flexibility, location, and long-term value. Each unit includes a private single-car garage and a well-designed layout with the main living, dining, kitchen, and powder room located on the second level, creating an open and light-filled living space. Kitchens feature quartz countertops and durable luxury vinyl plank flooring throughout the main living areas. Each unit offers a primary bedroom with a walk-in closet and an ensuite bath, along with two additional guest bedrooms and a full bathroom, providing comfortable and functional living. Whether expanding an existing investment portfolio or choosing to owner-occupy one unit while renting the others, this property offers multiple income strategies. Located approximately 25 minutes from Bellingham, The Ridge is a dog-friendly community with walking paths woven throughout, offering a neighborhood feel while remaining close to everyday conveniences. Enjoy nearby dining, the Blaine Marina, and easy access to I-5 and the Canadian border, making this an ideal location for commuters and travelers alike. Preferred lender incentives are available, including a 1% lender credit plus a $5,000 seller credit.

2966 Sweet Gum Loop, Blaine

Listing courtesy of Windermere RE Whatcom, Inc..

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