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$680,000
2550198 MLS ACTIVE Status
Exceptional investment opportunity in the heart of Kent! This versatile property is currently configured and operating as a triplex, generating over $60,000 in annual rental income with an impressive 8% cap rate—a rare find in today's market. Whether you're an investor looking for immediate cash flow or a homeowner seeking a property with outstanding income potential, this home offers endless possibilities. Continue renting all three units for strong returns, or update the home to suit your vision while living in one unit and renting the others to offset your mortgage. Thoughtfully designed with a functional layout and separate entrances for each unit, the property provides flexibility and privacy for tenants or multigenerational living. Conveniently located with easy access to major highways, shopping, dining, West Fanwick Park and everyday amenities, commuting is a breeze while enjoying everything Kent has to offer. Opportunities combining strong cash flow, flexible living options, and long-term upside are increasingly rare—don't miss your chance to own this exceptional income-producing property!

3706 S 255th Place, Kent

Listing courtesy of Keller Williams Rlty Bellevue.

$149,500
2 Beds 2 Baths 2550042 MLS ACTIVE Status
Welcome to Belmor Park, a gated 55+ active adult community in the heart of Federal Way. Beautifully updated and move-in ready, this spacious 1991 double-wide offers 1,536 sq. ft. of bright, open-concept living with vaulted ceilings, skylights, and a desirable split-bedroom floor plan that fills the home with natural light and an airy, welcoming feel. Since purchasing the home, the owner has completed extensive interior upgrades, including fresh paint throughout, an updated kitchen, brand-new flooring and carpet, and a stunning modern freestanding soaking tub in the primary bath, creating a fresh, thoughtfully updated, move-in-ready home. Enjoy a private ensuite 4-piece bath with a soaking tub and separate shower, while the spacious second bedroom offers direct access to the main bath—ideal for guests or flexible use. A separate laundry room adds everyday convenience, along with excellent storage throughout the home. The refrigerator, washer, and dryer are included. The roof was replaced in 2020, providing added value and peace of mind for years to come. Outside, enjoy covered tandem parking for two vehicles and one large storage shed offering abundant additional storage space. Belmor Park residents enjoy resort-style amenities including a clubhouse, swimming pool, sauna, fitness center, and beautifully maintained grounds with a strong sense of community and active lifestyle opportunities. Conveniently located directly across from Federal Way Commons with shopping, dining.

2101 S 324th Street Unit #177, Federal Way

Listing courtesy of MLS4owners.com.

$1,699,950
2548973 MLS ACTIVE Status
Exceptional value-add investment opportunity in Seattle's evolving Rainier Beach neighborhood, just moments from Lake Washington. This 7-unit multifamily property features an ideal unit mix of four 2-bedroom/1-bath units and three 1-bedroom/1-bath units, providing strong in-place income with additional revenue from on-site coin-operated laundry. Current ownership has maintained consistent occupancy while offering the next owner the opportunity to enhance value through cosmetic unit updates as vacancies occur. Investors will appreciate the potential to improve rental income over time while benefiting from immediate cash flow. Situated on an NC155(M)-zoned lot with six tandem parking spaces accommodating up to 12 vehicles, the property also offers long-term redevelopment potential (buyer to verify). Conveniently located near Lake Washington, transit, neighborhood restaurants, shopping, and ongoing community investment, this is a rare opportunity to acquire a well-performing asset with multiple avenues for future growth. Some interior photos have been virtually staged for illustrative purposes only. Virtual staging is limited to furnishings and décor.

9265 57th Avenue S, Seattle

Listing courtesy of eXp Realty.

$999,999
2542473 MLS ACTIVE Status
Please see Virtual Tour #1***THIS IS A PROPERTY BEING SOLD TO APARTMENT/CONDO DEVELOPERS***In Seattle’s zoning code, for Lowrise 2 (LR2) with an M designation, there is a Mandatory Housing Affordability (MHA) overlay. This MHA program allows developers to achieve extra floor area (which can translate to more units) if they either provide affordable housing on-site or pay into the city’s affordable housing fund. Thus, by complying with the MHA requirements, a developer can gain added capacity (height, floor area) and potentially increase the number of units. Specific limits depend on lot size and other code factors. In Seattle's LR2-M zone, the exact height and floor area increase from the M designation depending on the city’s specific MHA tables. Typically, the M designation grants an extra 10 feet of height (e.g., from 40 feet to 50 feet). Floor area ratio (FAR) also increases—often by around 0.5 FAR. On a 4,500 sq ft lot, if the base FAR was, say, 1.2 (allowing 5,400 sq ft of building), an M increase to 1.7 FAR could allow about 7,650 sq ft total. Always confirm with the current city tables, as specifics can vary. This is a guestimate from the Broker and everything needs to be verified Property built before 1978 thus we are warning of Lead Paint (see disclosure phamplet in supplements) IF YOU ARE PLANNING TO DEVELOPE THIS SITE YOU WILL RENTAL INCOME WITH A LITTLE WORK TO SUPPLEMENT THE DEVELOPEMENT COSTS.

917 28th Avenue S, Seattle

Listing courtesy of Premier Homes and Land.

$498,700
2544828 MLS ACTIVE Status
Discover an excellent investment opportunity in the heart of West Seattle. This income-producing duplex is ideally positioned in the Delridge neighborhood, offering convenient access to downtown Seattle, neighborhood parks, shopping, restaurants, and major commuter routes. The upper residence features 2 bedrooms and 1 full bathroom, while the lower residence includes 1 bedroom and a ¾ bath, providing flexible rental options. Separate gas and electric meters allow tenants to pay their own utilities. The future light rail expansion is expected to further enhance the area's appeal and long-term value. Property is located at the corner of Delridge Way SW and 23rd Ave SW (GPS directions may incorrectly place you across the street). Please do not disturb the occupants. Interior showings will be available only after an accepted offer. No sign at property.

3823 Delridge Way SW, Seattle

Listing courtesy of Marketplace Sotheby's Intl Rty.

$995,000
4 Beds 2 Baths 2504139 MLS ACTIVE Status
Make your dream estate on this over 1/4 acre lot in prime location. Perfect for entertaining large gatherings. Level lot with access on front and back via paved roads. Lovely 1960 home needing updates and you can select those changes. With zoning allowing you 2 dwellings on this lot, imagine an ADU with additional garage space. See city of Bothell for details. This solid property is situated on a large lot and, while it requires some cosmetic improvements, it features original oak hardwood floors on the main level, and the main bathroom has been updated and unfinished 5th bedroom area. Located near downtown Bothell, Northshore school district, with easy access to freeways, public transit, dog parks, nearby dining and retail. New roof installed in 2020 with a transferable warranty. agent is related to seller.

18816 89 Avenue NE, Bothell

Listing courtesy of CB Cascade - Lake Chelan.

$795,000
2533557 MLS ACTIVE Status
Located on West Seattle’s most sought-after corridor, California Ave SW- just south of the Admiral Junction. This mixed-use building features two street-facing commercial spaces, currently occupied by a nail salon and fitness studio, along with two one-bedroom, one-bath residential units situated off the rear alley, each with off-street parking. The property boasts a strong occupancy history thanks to its prime location near the shops, restaurants, parks, and amenities that make West Seattle such a desirable destination. Downtown Seattle is just a short commute away, further enhancing its appeal to both commercial and residential tenants. This is a rare opportunity to acquire a well-located mixed-use asset in one of Seattle’s most vibrant and highly sought-after neighborhoods, offering both immediate cash flow and long-term appreciation and development potential.

3453 California Avenue SW, Seattle

Listing courtesy of RSVP Brokers ERA.

$850,000
3 Beds 3 Baths 2536370 MLS ACTIVE Status
Investor Alert! Turnkey opportunity with immediate cash flow and future developmentpotential. This fully occupied Duplex (Studio + 1Bed 1Bath) + ADU (2 Bed 1 Bath) property generates stable rental income from day one, with all units leased. Situated on II U/125-zoned land, the property offers investors the opportunity to collect income while evaluating redevelopment possibilities and maximizing the site's future value. The property underwent extensive updates in 2016 including major interior improvements and appliance replacements. Interior has been exceptionally well-maintained w/ responsible tenants. A rare opportunity to acquire a well-maintained, income-producing property today while securing future development potential for tomorrow.

1409 NW 54th Street, Seattle

Listing courtesy of AgencyOne.

$679,000
1 Beds 1 Baths 2533855 MLS ACTIVE Status
Opportunity knocks in North Seattle! 4,799 sq ft LR2 (M1) lot with street frontage plus alley access on two sides. Value is primarily in the land, with potential for future townhouse, rowhouse, or multifamily development. Existing cottage is livable and has been used as a rental/Airbnb, featuring 1 bedroom, 1 full bath, full kitchen, and laundry room—offering possible interim income or owner-use while planning. Detached garage plus 3 shipping containers that convey—two stacked 40' containers with power, plus one 20' container—ideal for shop, storage, studio, or project space. Fully fenced lot with chain-link fencing that also conveys, adding secure yard utility for storage, equipment, or pets. Excellent use-now/build-later opportunity for builders, investors, or creative owner-users. Buyer to verify all development potential, zoning, permits, and intended use to buyer’s satisfaction.

10346 Midvale Avenue N, Seattle

Listing courtesy of Penny Kingdom Realty.

$1,950,000
5 Beds 2 Baths 2532077 MLS ACTIVE Status
Perfectly positioned on an 18,942 SF MUR-70 zoned parcel measuring 296' x 64', this Shoreline property offers a compelling opportunity to secure level, development-ready land within one of the North Sound’s fastest-transforming urban corridors. Located 2 blocks from the Shoreline North/185th Light Rail Station and near the I-5 interchange, the site combines immediate utility with substantial long-term redevelopment potential. The nearly 2,000 SF, 5-bedroom 2-bathroom residence has evolved through multiple additions and offers functional housing for owner-occupants, rental income for investors or interim holding while future plans are evaluated for mixed use developers. The oversized lot also includes a detached 369 SF garage/shop structure plus off-street parking for three vehicles. The property offers multiple ownership pathways - occupy, renovate, redevelop immediately or hold for land appreciation and assemblage potential. Additionally, the greater 4-acre Echo Lake Gardens subdivision presents an emerging assemblage prospect, with multiple owners exploring coordinated redevelopment options with larger developers. Sited adjacent to the 20-acre Shoreline Center, including the Spartan Recreation Center, Shoreline Park and Shoreline Stadium, this remarkable investment and development opportunity benefits from urban connectivity and recreational amenities, now and in the future.

320 NE 185th Street, Shoreline

Listing courtesy of Windermere Real Estate Co..

$499,950
3 Beds 1 Baths 2529657 MLS ACTIVE Status
Cozy and Affordable in the Heart of Kent! This One Level Home is ideally located just a short walk from both Kent Commons, and the ShoWare Center, offering convenient walking access to shopping, dining, entertainment, and mass transit station with lightrail. This 3 bedroom home offers affordability and comfort. Newly refinished real red oak hardwood floors, new paint inside and out, newer roof (5-y/o). This property has a bright future. Expansive yard space, RV parking, fully fenced, with plenty of room for activities and entertainment. Large storage space off of the garage, would make a great shop space for hobbies or work. The home sits on an NR-3 zoned lot, providing flexibility for future development possibilities. Enjoy a home in one of Kent’s most walkable and connected locations. Quick access to major commuting routes, Sounder train service, downtown Kent Commons amenities, and year-round events at the ShoWare Center—all just minutes from your front door. This cute little home is all you need!

759 3rd Avenue N, Kent

Listing courtesy of eXp Realty.

$495,000
1 Beds 2 Baths 2527841 MLS ACTIVE Status
Opportunity awaits in this charming 1919 Highland Park bungalow on a quiet, tree-lined street! A rare opportunity for investors, builders, or buyers looking to build equity while comfortably living in or renting this well-maintained home. The fully fenced lot stretches from street to alley, offering a private garden retreat with mature landscaping, a spacious deck, and off-street parking. Zoned NR3 with valuable alley access, the property may offer future development potential (buyer to verify). Numerous updates include a new roof and gutters (2017), curtain drain (2017), exterior paint (2017), front porch remodel (2018), furnace (2014, professionally maintained), remodeled bathroom (2022), and fresh interior paint (2026). Inside, you'll find a light-filled living room, separate dining room with hardwood floors, tall ceilings, an open kitchen, and a main-level bedroom with an adjacent full bath. The partially finished basement, accessed both by interior stairs and separate exterior entrance, includes a full bath, laundry area, and flexible space for storage, hobbies, or future expansion (low ceiling height). Conveniently located near transit, Westwood Village, White Center's popular restaurants, parks, and everyday amenities.

8844 18th Avenue SW, Seattle

Listing courtesy of Windermere West Metro.

$75,800
2 Beds 1 Baths 2527300 MLS ACTIVE Status
Seller offering space rent credit to cover costs until 2027! This fantastic 736 sq ft double-wide manufactured home has been beautifully remodeled and is truly move-in ready — just unpack and start enjoying your next chapter.Inside, you'll find gorgeous new flooring throughout, a modern kitchen featuring updated cabinetry and countertops, a refreshed bathroom, and stylish new fixtures that give the home a fresh, contemporary feel without sacrificing warmth or charm. Light-filled living spaces create an inviting atmosphere that immediately feels like home.Designed for comfortable, low-maintenance living, this home lets you spend more time doing what you love. The 55+ Esplanade community is known for its peaceful setting and pride of ownership — and this home fits right in.Located conveniently close to shopping, dining, medical services, parks, and easy commute routes, everything you need is right at your fingertips.Affordable, move-in-ready homes in a community this desirable don't come along often. Whether you're downsizing or embracing a simplified lifestyle, this one delivers quality, value, and convenience in one attractive package.

11513 155th Avenue SE, Renton

Listing courtesy of Keller Williams Realty PS.

$659,000
3 Beds 2 Baths 2526755 MLS ACTIVE Status
Opportunity Knocks! Live in one home and rent the other - this rare opportunity features a charming main house plus a detached studio DADU, making it an ideal setup for first-time homebuyers looking to build equity fast or significantly reduce their monthly mortgage. Previously rented for a combined $4,000 per month ($2,500 for the 2-bedroom main house and $1,500 for the studio), both units have strong income potential with room to increase rents. The property has been thoughtfully refreshed with a brand-new roof, new double-pane storm windows, new carpet and flooring, fresh paint, updated vanity, and a refreshed porch. Outside, you’ll enjoy mature landscaping with plenty of room for the gardening enthusiast, a relaxed patio perfect for summer BBQs and entertaining, and excellent parking options — including alley access, gated secured parking, and space for a motorhome or RV. Located just minutes from I-5 and Highway 99, with easy access to bus lines and light rail, commuting has never been simpler. Secure your private showing today & explore the possibilities!! This turnkey income-producing property is ready for its next owner. Don’t miss this chance to own two homes for the price of one!

10330 Stone Avenue N, Seattle

Listing courtesy of John L. Scott Everett.

$660,000
2524192 MLS ACTIVE Status
Rare opportunity to own a Community Commercial zoned property with approximately 105 feet of SR 169 frontage in rapidly growing Black Diamond! Positioned on the main corridor through town, this high visibility location offers exceptional exposure. Existing auto body shop includes a Viking paint booth measuring 23' L x 14' W x 8' H, tall ceilings, furnace, air lines, 2 bay doors including one sliding and one roll up door, plus a small office with 1/2 bath. Building is approximately 60 ft by 30 ft and connected to city water and sewer. Ample off street parking provides flexibility for customers, equipment, or future business needs. Black Diamond continues to see substantial residential and commercial growth, making this an excellent opportunity for owner users, investors, or future development potential in a prime highway frontage location.

30836 3rd Avenue, Black Diamond

Listing courtesy of John L. Scott, Inc..

$900,000
3 Beds 2 Baths 2523560 MLS ACTIVE Status
Discover incredible potential in the heart of vibrant Capitol Hill with this versatile 3-bedroom, 1.75-bath home offering unbeatable convenience just minutes to I-5, shopping, dining, nightlife, and all the best of city living. The main level features updated flooring and a refreshed kitchen, plus an additional office or flex bedroom perfect for today’s flexible lifestyle needs. Upstairs offers three spacious bedrooms and a full bath, all maintained in good condition. The lower level adds even more versatility with an additional bedroom/flex room and a renovated 3/4 bath. Whether you’re a builder, investor, or homeowner looking for future upside, this property presents an exceptional opportunity in a prime location. Currently renter-occupied with strong rental income at $3,500/month. No sign or keybox on property. Showings available only upon committed offers.

1606 Lakeview Boulevard E, Seattle

Listing courtesy of Keller Williams Rlty Bellevue.

$1,195,000
3 Beds 3 Baths 2517056 MLS ACTIVE Status
Perched within the evergreen tree canopy overlooking the Snoqualmie River Valley and Cascade Mountains, this Northwest Contemporary home offers a rare blend of modern sophistication and tranquil, nature-filled living—while remaining conveniently close to both Downtown Redmond and Downtown Bellevue. Vaulted ceilings with exposed beams and expansive windows flood the interior with natural light, creating a private treehouse retreat. The fully renovated 2024 kitchen is a standout, featuring quartz countertops, bar prep sink, stainless steel appliances, and an open-concept layout designed for effortless everyday living and entertaining. French doors open to a spacious terrace, seamlessly connecting indoor and outdoor spaces. This flexible floor plan offers a main floor den and 3/4 bath, plus an additional finished room upstairs and another downstairs that could easily serve as bedrooms. Fresh interior paint and new carpet provide a crisp, move-in-ready feel throughout. Outside, you’ll find bouldered pathways with a bluestone patio and fire pit, setting the stage for relaxing evenings under the stars. Surrounded by lush greenery in a peaceful setting, this home delivers exceptional privacy, natural beauty, and a seamless connection to the outdoors—with a convenient commute to all major tech hubs.

1445 293rd Avenue NE, Carnation

Listing courtesy of Coldwell Banker Bain.

$2,250,000
2 Beds 1 Baths 2513326 MLS ACTIVE Status
Prime Factoria development opportunity in Bellevue! This 12,555 SF (0.29-acre) lot is zoned MDR-2 (Medium Density Residential), offering strong potential for 7–8 townhomes or small multifamily development (buyer to verify). Ideally located near the end of a quiet dead-end street off SE 40th Ln, the property provides a private residential setting with convenient access to Factoria Blvd SE. Excellent opportunity for builders or investors seeking a well-positioned infill site with upside potential. Boundary and topographic surveys have been completed, helping streamline early planning and entitlement. Situated in the desirable Factoria neighborhood—just minutes to Factoria Mall, T&T Supermarket, Target, dining, and daily amenities. Easy access to I-90 and I-405 with convenient commutes to Downtown Bellevue, Seattle, and major employers including T-Mobile. Located within the Bellevue School District, including Newport Senior High. The existing 1,440 SF, 2-bedroom, 1-bath home provides interim rental income while development plans are pursued. Property sold for land value. Buyer to verify all zoning, density, setbacks, parking, and development requirements with the City of Bellevue.

4030 Factoria Boulevard SE, Bellevue

Listing courtesy of Prolink Realty, LLC.

$1,662,500
3 Beds 3 Baths 2512076 MLS ACTIVE Status
THE OPPORTUNITY OF A LIFETIME!! This home, located in the coveted Juanita/Kirkland neighborhood of Champagne Point, boasts of breathtaking panoramic views of Lake Washington from the living room, dining room, each of the 3 bedrooms and the family room - Surrounded by luxurious homes, this custom contemporary design is positioned perfectly on a .28 acre lot with low maintenance landscaping - bring your vision - remodel to your heart's desire - and restore this one of a kind masterpiece back to it's former glory days or transform it into a modern showpiece - With Seattle as the backdrop, soak in the amazing sunset views - then unwind in your private built-in sauna - your personal retreat at the end of every day.

11150 Champagne Point Road NE, Kirkland

Listing courtesy of Realty One Group Bold.

$925,000
2503470 MLS ACTIVE Status
TOWNHOUSE REDEVELOPMENT OPPORTUNITY NEAR FREMONT/WALLINGFORD/GREENLAKE | 4,000 SF LOT WITh LR2 (M) ZONING 807 N 49th St is located just blocks from the Woodland Park Zoo, this 4,000 square foot lot is zoned LR2 (M), a highly desirable zoning code for townhome and small-scale multifamily development. Historically, LR-zoned sites were subject to unit-count density caps that limited overall development potential. However, with the implementation of HB 1110 in June 2025, those constraints have been removed in favor of a building envelope driven by FAR, height, and setback standards, meaning the total buildable size is now the primary limitation rather than the number of units. This shift allows developers to increase unit count through more efficient design, creating a more compelling development opportunity for 4+ luxury townhomes (buyer to verify) with skyline views in one of Seattle’s most sought-after neighborhoods. The existing structure on the site currently operates as a 5 Unit apartment building producing $50,311 in annual net operating income.

807 N 49th Street, Seattle

Listing courtesy of Blake Investment Advisors.

$2,000,000
2 Beds 2 Baths 2502208 MLS ACTIVE Status
Prime Development Opportunity in Seattle’s Emerging Holman Neighborhood Positioned in the rapidly evolving Holman corridor of Northwest Seattle, 10125 3rd Avenue NW presents a rare opportunity for builders and investors seeking scale, flexibility, and location-driven upside. With a 10,500 sq ft lot and the option to assemble with the adjacent northern parcel for a combined ~21,000 sq ft, this site is primed for thoughtful, high-yield development. Zoned M (Midrise) under Seattle’s updated zoning framework, the property offers the potential for multiple structures, townhomes, or a small-scale multifamily project—making it an ideal canvas for developers looking to capitalize on the city’s continued push for density and housing supply. By Appt Only

10125 3rd Avenue NW, Seattle

Listing courtesy of Coldwell Banker Bain.

$615,000
2 Beds 2 Baths 2488783 MLS ACTIVE Status
Perched in the sunny, quiet community of Dockton, this solid mid-century home captures stunning views of Quartermaster Harbor. With over 3000 square feet, classic 1947 brick construction, and large light-filled rooms rooms – your renovations will bring tremendous value. A wall of elegant wood-trimmed windows in the living and dining rooms frame the harbor views. The spacious kitchen and family room overlook a private backyard with mature landscaping and fruit trees. This vintage 2-bedroom gem is a true time capsule, ready for your personal updates. The expansive unfinished basement offers endless potential, while a large garage/shop and outbuilding provide ample workspace. Dockton Forest and Marina are just minutes away!

9619 SW 268th Street, Vashon

Listing courtesy of Windermere Vashon.

$60,000
2461616 MLS ACTIVE Status
Established cabinet manufacturer in Kent serving the greater Seattle area. This turnkey operation specializes in fully customized cabinetry—kitchens, bathrooms, vanities, and closets—for a diverse customer base including residential clients, general contractors, builders, and investors. The 8,000 SF facility features a customer showroom and well-equipped workshop with CNC Machining Center, Automatic Feeding Machine, Industrial Sliding Table Saw, and Side Hole Drilling Machine. Short lead times and local suppliers enable full customization for any project scope. With an established reputation in a market driven by strong renovation and new construction demand, this business presents an excellent opportunity for an experienced cabinetmaker looking to expand, a contractor seeking vertical integration, or an entrepreneur entering the custom millwork industry.

21817 S 88th Place, Kent

Listing courtesy of RE/MAX Town Center.

$2,900,000
2440008 MLS ACTIVE Status
Versatile 11,556 SF facility located in the West Campus Business Park (Lot 16A). Currently operating as an academy/religious facility, the flexible gymnasium-style layout (About 6K SF) accommodates a wide range of uses (with compatible OP Zoning) including school, church, office with warehouse, reception hall, sports training, physical therapy, government, community services & so on. Strong surrounding demographics and proximity to I-5, Federal Way Commons, major retailers, and transit provide convenience and long-term growth potential. Recent upgrades include a new central HVAC system (2024). Sale may include security surveillance, commercial kitchen equipment with 6FT commercial hood fixture and media/musical systems upon buyer's request.

33901 9th Avenue S, Federal Way

Listing courtesy of Frontier Realty.

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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