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$1,258,000
2566516 MLS ACTIVE Status
Rebuilt to the studs in 2025 — two separate units, one address. Unit A is a 4-bedroom, 3-bath main residence featuring open-concept living, a chef’s kitchen, warm modern finishes throughout, a private garage, and a deck off the main living area for easy indoor/outdoor flow. Upstairs, a flexible loft offers space for a home office, media room, or second lounge. Unit B is a fully self-contained 1-bedroom residence with its own private entry and complete separation from the main home — ideal for guests, extended household, or potential rental income. Combined, Units A & B total approximately 4,608 sq ft on a 17,614 sq ft condominium site, with common and limited common elements as shown on the condo map. Unit C, a separate vacant land unit, may also be available for purchase, creating additional potential for future expansion. Plans and permits are available in the supplements. Rainier View is positioned on the hillside above the valley, offering convenient access to Kubota Garden, the Rainier Ave S & S Henderson corridor, Rainier Beach light rail, shopping, dining, and major commuter routes. A unique opportunity for flexible living, multigenerational use, or added income potential. Buyer to verify all information.

11647 Beacon Avenue S, Seattle

Listing courtesy of KW Everett.

$975,000
2566778 MLS ACTIVE Status
Turnkey 4-plex Investment in Seattle. Features 4 spacious units w/functional layouts. 3 units w/2 bed, 1 full bath and 1 unit w/1 bed, 1 full bath. Recently remodeled units including, kitchens, bathrooms, windows, doors, floors, SS appliances and hot water heaters. Newer roof, recently painted exterior, interior and updated plumbing. Dedicated parking spots for each unit + visitor parking. Remodeled coin operated laundry room brings in additional income. The building's thoughtful layout ensures plenty of natural light. Quiet neighborhood offers accessibility to everything in the city. A short walk to Duwamish River Waterfront Park, residents enjoy scenic river views & walking trails. Walk to popular restaurants, providing easy access to dining & entertainment. Near Alki Beach, DT Seattle, Tech companies, Costco, SeaTac Airport, HWY 99, I-5, Boeing, shopping malls, restaurants, parks, schools and light rail. A solid Cash-flowing property for Investors, owner-occupied buyer, VA or a 1031 exchange.

701 S Kenyon St, Seattle

Listing courtesy of Skyline Properties, Inc..

$550,000
2565941 MLS ACTIVE Status
Turn-key duplex investment opportunity featuring two fully occupied income-producing units with stable, long-term tenants in good standing. Located just minutes from Naval Base Kitsap, Puget Sound Naval Shipyard, local shopping, and the Bremerton Ferry terminal for seamless Seattle commuting, this property offers immediate cash flow with significant recent improvements. Unit 1911 offers 768 square feet with 3 bedrooms and 1 bath, while Unit 1913 provides 1,250 square feet with 4 bedrooms and 1.75 baths, with carport and storage. Extensive updates completed within the last year minimize near-term maintenance requirements, including a full roof replacement with new sub-roof plywood and ventilation (Feb 2026), full exterior painting (Oct 2025), and a comprehensive interior overhaul of Unit 1913 (June 2026) featuring 100% replacement of both bathrooms, an 18-inch ceiling lift in the primary bath, a brand-new water heater, and fresh drywall, paint, and carpeting in the hallway. A clean, low-friction asset positioned in a high-demand rental corridor.

1911 Sheridan Road, Bremerton

Listing courtesy of Keller Williams Greater 360.

$620,900
2561415 MLS ACTIVE Status
BONUS APARTMENT! Chehalis Valley charmer! Located just 2 miles from I-5 on a paved dead-end road with valley views, this fully remodeled home showcases exceptional craftsmanship, rich woodwork, and custom stained glass throughout. The living and formal dining area features vaulted ceilings, large windows, wainscoted walls, a double-sided propane fireplace, and access to a covered porch. The bright kitchen offers abundant storage, beautiful marble counters, and a large butcher block island with outlets. Off the kitchen, the parlor includes a functional antique wood cook stove and a custom stained glass pocket door. Down the hall are a full bath with bidet, secondary bedroom, and stunning primary suite with cork flooring, walk-in closet, a tiled bath with antique double vanities, clawfoot tub, and separate shower. The lower level includes a third bedroom, office, and mechanical room with lots of storage. The finished apartment has interior and exterior entry level access, a full kitchen with lots of storage space, living area, full tiled bath, and sleeping area with walk-in closet. Above the large 2-car garage with EV charging, the 832 SF studio /workshop with ductless heating/AC sits high in the trees. Enjoy ample parking, two outbuildings, and a fenced private backyard. With a Boisfort Valley water share, new paint inside and out and over 3,900 SF of finished space in a prime location, this house is a must-see!

115 Riverview Drive, Chehalis

Listing courtesy of Washington Coast Real Estate.

$399,000
2563347 MLS ACTIVE Status
Rare Multifamily Opportunity in Charming Orting! Bring your tool belt and vision to restore this unique property featuring TWO HOMES on one parcel—a fantastic opportunity to build instant sweat equity or add to your investment portfolio. The main home is accompanied by a cozy 624 sq. ft. 1-bedroom, 1-bath Home with an attached garage, making it ideal for rental income, multigenerational living, or guests. Outside, you'll find a spacious lot with a 24x20 detached storage building, garden area, fire pit, plus a detached 1-car garage/shop for the main home. Located in the highly desirable town of Orting, you'll love the small-town charm, scenic walking and biking trails, breathtaking Mount Rainier views, and welcoming community atmosphere. Whether you're an investor, owner-occupant, or someone looking for a project with incredible upside, this is a rare chance to own a multifamily property in one of Pierce County's most sought-after communities. Opportunities like this don't come around often—don't miss it!

603 Kansas Street SW Unit #1 & 2, Orting

Listing courtesy of eXp Realty.

$850,000
2566584 MLS ACTIVE Status
Two living spaces. Multiple income strategies. One unbeatable Seattle location. Here is house-hacking opportunity in the heart of the Central Area/First Hill. Live in one unit while renting the other to help offset your mortgage, space for multigenerational living, or rent both for added income potential. The spacious main-level residence offers 2 bed and 1 full bathroom, an open & light-filled floor plan, and beautifully refinished original hardwood floors. The updated kitchen features white shaker cabinetry, quartz countertops, stainless-steel appliances, and a gas range. Upstairs, the bright 1 bed, 1 bath residence has its own kitchen, dining, in-unit washer/dryer combination, and an abundance of windows that fill the space with natural light. This property delivers something increasingly difficult to find in central Seattle: real outdoor space. The fully fenced grounds include an expansive front yard, backyard space, and a private side yard with a covered gazebo perfect for entertaining, gardening, pets, or simply relaxing outside. Fresh exterior paint, one dedicated parking space, and plentiful street parking complete the package. With a 98 Walk Score, this location puts Seattle U, Swedish Medical, Harborview, Seattle Central College, cafés, restaurants, groceries, and transit within easy reach. Whether you are searching for a home that can help pay for itself, a multigenerational setup, or a property rental potential, this is the flexibility you have been waiting for.

1609 E Alder Street, Seattle

Listing courtesy of Windermere R.E. Shoreline.

$1,550,000
2566463 MLS ACTIVE Status
Mill Avenue Apartments is a low-maintenance 8-unit multifamily in-vestment well suited for a private investor. The property offers eight 1-bedroom / 1-bath corner units (±649 SF), four of which include in-unit washer and dryer, along with common laundry on-site. It is located on a quiet hilltop street with excellent territorial views and sits a stone’s throw from downtown Renton, with convenient access to downtown Seattle’s CBD. Built in 1966 with a low-maintenance brick facade and a full EPDM roof replacement in 2017, the asset is offered at $1,550,000 ($193,750 per unit). Current rents sit below market, providing clear upside with limited capital required and an easily achievable market cap rate of 6.41%. Demand is supported by Boeing’s approximately 12,600-person Renton workforce, Blue Origin’s Kent operations, and the broader Kent Valley employment base of over 230,000 jobs. The property features simple operations and convenient access to freeways, Sea-Tac Airport, parks, and everyday amenities.

412 Mill Avenue S, Renton

Listing courtesy of Westlake Associates, Inc..

$2,725,000
2566450 MLS ACTIVE Status
The Lake Apartments is a well-maintained 16-unit garden-style multifamily community at 30853 14th Ave S in Federal Way, offered at an attractive $170,313 per unit. The property delivers a 6.20% in-place CAP rate with clear upside to a 7.41% proforma CAP through raising current below-market rents. Built in 1958 with a new roof installed in 2022, the asset sits on a large 31,050 sq. ft. park-like lot and features on-site laundry, ample private parking, and a balanced mix of one- and two-bedroom units. Located just off Pacific Highway and within approximately one mile of the Federal Way Downtown Link Light Rail Station, the property is also close to Steel Lake and Easter Lake, offering convenient access to recreational amenities. It benefits from strong transit access, high submarket occupancy (96.5%), limited new supply of apartments, and proximity to major employment centers including Sea-Tac Airport and the rapidly growing Kent Valley aerospace and logistics corridor.

30853 14th Avenue S, Federal Way

Listing courtesy of Westlake Associates, Inc..

$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..

$2,059,000
2566016 MLS ACTIVE Status
THE ULTIMATE HOUSE HACK OR DUAL-INCOME INVESTMENT! Just 2 blocks from iconic Green Lake, this fully permitted, high-quality, top-to-bottom remodel offers unbeatable flexibility and immediate revenue potential. Live in the spacious main home while renting out the lower unit to drastically subsidize your mortgage. The light-filled main residence boasts 9’+ ceilings, chef’s kitchen with quartz counters, and high-end finishes throughout. Relax in the primary suite with its own private deck showcasing serene Green Lake views. Step outside to unwind or entertain on 2 massive decks with lake views or your fully fenced yard. The lower level features a fully self-contained 2 bed/1 bath unit with private entry, in-unit laundry and separate utilities—zero shared space required. Rare dedicated off-alley parking for 4+ vehicles. Brand-new systems throughout (electrical, plumbing, siding, hybrid water heaters, appliances, sub-zero refrigerator and heat pumps for heating and cooling) means total peace of mind. Stroll to neighborhood cafes, shops, and the 2.8-mile lake loop. High style meets smart real estate math! Welcome home.

7008 Linden Avenue N, Seattle

Listing courtesy of KW Greater Seattle.

$699,000
2561566 MLS ACTIVE Status
Fantastic duplex opportunity set on a dead-end street on over an acre! Whether you are looking for an investment property, multi-generation living, or the chance to live in one side and rent the other, this property offers great flexibility. One unit features 2 bedrooms, the other has 3 bedrooms, and each unit has its own garage space. PLUS there is a large shop on the property, perfect for storage or workspace, or rent it out for boat or RV storage. With easy access to Hwy 16, the Bremerton shipyard, Costco, YMCA shopping, schools, medical facilities, and dining options, this is a rare chance to own a duplex on acreage in a convenient location. The large level lot lends itself to gardening, sports activities, or just enjoying some peace and quiet. Investors - with its waterfront amenities, farmers markets, concerts, excellent schools, abundance of parks, shopping, medical facilities and recreation opportunities, Gig Harbor has a strong need for rental properties. Don't let this one slip away!

14130 41st Avenue Ct NW Unit #A & B, Gig Harbor

Listing courtesy of Windermere Prof Partners.

$475,000
2561414 MLS ACTIVE Status
Excellent investment opportunity in Bremerton's desirable Upper Manette neighborhood! This well-maintained duplex offers proven income potential with two spacious, single-level units, each approximately 882 square feet. Both units feature 2 bedrooms, 1 full bath, a large living room, an eat-in kitchen, and a utility room with washer and dryer hookups. Efficient heat pumps provide year-round comfort with both heating and air conditioning.Situated on a quiet street with a nice-sized yard, the property offers an attractive setting for tenants. One unit includes two covered carports, while the other offers one covered carport, and each unit has its own exterior storage unit for added convenience.A pre-listing home inspection has already been completed, offering added confidence for buyers. Conveniently located near the Seattle ferry, PSNS, downtown Bremerton, parks, shopping, and the vibrant Manette neighborhood. Whether you're looking to expand your investment portfolio or purchase your first income property, this is an outstanding opportunity with strong rental appeal and long-term investment potential.

2518 Spring Street NE, Bremerton

Listing courtesy of Windermere RE West Sound Inc..

$995,000
2566134 MLS ACTIVE Status
[INVESTMENT OPPORTUNITY] Exceptional duplex in a PRIME LYNNWOOD LOCATION offering outstanding income potential, owner-occupant flexibility, and long-term investment value. FRESH EXTERIOR PAINT, NEW ROOF, manicured grounds, generous off-street parking, attached garages, and separate utility meters make this a truly turnkey opportunity. Each spacious 3-BEDROOM, 2.5-BATH residence offers comfortable, functional living with well-designed floor plans, private backyards, covered patios, and an easy, low-maintenance lifestyle. Ideally situated with quick access to I-5, I-405, public transit, the Lynnwood Light Rail Station, Lynnwood City Center, Alderwood Mall, shopping, dining, parks, and major employers, providing exceptional commuter convenience and strong long-term tenant appeal. Minutes to Lake Serene with public boat launch and perfect for paddleboarding. Whether you're expanding your investment portfolio, seeking a multi-generational living solution, or planning to live in one unit while generating rental income from the other, this property offers exceptional versatility in one of Snohomish County's most desirable and rapidly growing communities. A rare opportunity with excellent upside and lasting value. [THE CONVENIENCE OF TODAY. THE VALUE OF TOMORROW]

3618 SHELBY ROAD, Lynnwood

Listing courtesy of FIRST AND MAIN.

$689,900
2565787 MLS ACTIVE Status
A great opportunity to own a beautifully remodeled duplex in one of Everett's desirable neighborhoods! This turnkey two-story property offers exceptional flexibility—live in one unit while generating rental income from the other, create the perfect multigenerational living arrangement, or add a move-in-ready investment to your real estate portfolio. Unit A features 1,104 sq. ft. with 2 bedrooms, 1 bathroom, and washer/dryer hookups. Completely remodeled in 2023, this spacious home boasts a stunning new kitchen with quartz countertops and a full-height quartz backsplash, updated appliances, waterproof laminate flooring, new windows, a ductless mini-split heating and cooling system, and a beautifully renovated bathroom featuring marble tile shower walls and a modern vanity. The open-concept layout seamlessly connects the living room, dining area, and kitchen with a convenient breakfast bar. Unit B offer 644sq/ft, 2 bedrooms, 1 bathroom, with a brand new kitchen with quartz countertops & tile backsplash, all new appliances, new waterproof laminated flooring, and a new bathroom with tile shower walls & vanity. The property also includes a two-car garage, 3 uncovered parking spaces, and additional street parking. The property features separate entrances, private outdoor areas, and a highly desirable location just minutes from downtown Everett, the waterfront, restaurants, shopping, parks, transit, and commuter routes. No rental history due to the sellers living in the property.

2104 Rockefeller Avenue Unit #1716, Everett

Listing courtesy of Skyline Properties, Inc..

$415,000
2565809 MLS ACTIVE Status
Investor or owner-occupant opportunity in the heart of Bremerton. This two-unit property offers 2,192 sq ft of livable space minutes from Puget Sound Naval Shipyard and Naval Base Kitsap — one of the region's most reliable rental markets.The larger unit is a spacious 3-bed/1-bath at 1,523 sq ft, with room for roommates, while the second is an efficient 1-bed/1-bath at 669 sq ft — ideal for a single tenant or a low-maintenance rental. Both come equipped with range/oven, refrigerator, and dishwasher, plus shared on-site laundry. Covered parking and additional street parking mean tenants always have a spot. Both units are vacant and ready now — a clean slate to set rents at today's market, or live in one side while the other helps cover your mortgage. Projected rents pencil to $3,050/month, driving $36,600 gross scheduled income, $26,114 NOI, and a 5.67% cap rate at list. Steady military and civilian demand keeps vacancy low and tenants dependable. House-hack into ownership or run it turnkey from day one. Double listed MLS#

140 S Cambrian Avenue, Bremerton

Listing courtesy of COMPASS.

$1,680,000
2565430 MLS ACTIVE Status
Rare opportunity to own a fully remodeled waterfront home with 60 ft of shoreline on Bitter Lake. Perfectly positioned as the last home on the street, this exceptional property enjoys only one neighboring residence with a park bordering the side, creating a uniquely private setting rarely found on Seattle waterfront. Inside, 2,040 sq ft of beautifully reimagined living space showcases luxury finishes, an open-concept design, and dramatic accordion doors that seamlessly connect the interior to the expansive lakefront deck. Designed with exceptional flexibility, the home can function as an expansive 4-bedroom, 4-bath residence or be configured to accommodate multiple independent living spaces with up to three potential rental opportunities (buyer to verify permitted uses). A second kitchen further enhances the home’s versatility for multi-generational living, guests, or income potential. Enjoy both a waterfront deck and patio overlooking the lake. Just steps from the adjacent community center featuring tennis courts, pickleball, fitness facilities, arts and crafts, dance classes, and other recreational programs. Combining luxury finishes, unmatched flexibility, and a premier waterfront setting with only one neighboring home, this is a rare offering on Bitter Lake. Welcome Home!

13202 Bitter Place N, Seattle

Listing courtesy of Best Choice Realty LLC.

$725,000
2565769 MLS ACTIVE Status
This Tacoma classic 4 bedroom home + DADU in Central Tacoma is ready for its new owner! The main house was remodeled when the DADU was built in 2023; this is a completely move-in ready house! As you enter the home you'll notice LVP flooring throughout the main level and into the kitchen. The sizable living room has a cozy fireplace as the centerpiece of the home! The bathroom on the main level is also tastefully updated with a modern vanity and a beautifully tiled shower. Upstairs are 2 nice-sized bedrooms that can also double as bonus rooms or office-space as well! In the back yard, enjoy the covered porch with built-in seating and the composite deck! This is a great place for enjoying summer months, gatherings, and staying dry in the winter months. This home is just 2 minutes from freeway access, close to all hospitals, and less than 20 minutes to JBLM. Come and tour it today!

1750 S Anderson Street, Tacoma

Listing courtesy of COMPASS.

$749,900
2565099 MLS ACTIVE Status
Rare opportunity in one of Pierce County’s most desirable locations. This fully recently renovated duplex features updated bathrooms, kitchens, flooring, doors, finishes, trim, and more — move-in ready with modern updates throughout. 6.57% Cap Rate! Live in one side and rent the other, or rent both units for strong cash flow (currently $2,850 + $2,200). The property sits on a large private lot, secluded down a long driveway and backed by a beautiful green belt and partial views of Mount Rainier. The front portion of the lot also offers future development potential. Minutes to I-5, shopping, and Browns Point waterfront with excellent schools nearby. No HOA! Plenty of parking and a spacious lot round out this hard-to-find opportunity in a high-demand area. Opportunities like this are rare-- don't miss your chance! Buyers to verify all developmental potential. Interior viewing available with 48 hour notice.

6425 7th Street NE, Tacoma

Listing courtesy of Best Choice Realty LLC.

$599,900
2565261 MLS ACTIVE Status
Investor opportunity with upside in a convenient South Hill location. This triplex features three 2-bedroom, 1-bath units, including two units of approximately 870 sq ft & one larger unit of approximately 1,000 sq ft. Property includes a common laundry room, three covered parking spaces & six additional uncovered parking spaces on a large lot with room to improve parking, storage, exterior use & curb appeal. Each unit offers a practical layout with strong rental potential after updates, including flooring, paint, appliances & general cleanup. Existing 6-bedroom septic supports the current bedroom configuration. Excellent opportunity to renovate, stabilize operations & build long-term cash flow. Cash or seller-financing offers preferred.

12902 147th Street E, Puyallup

Listing courtesy of eXp Realty.

$619,000
2565221 MLS ACTIVE Status
Freshly renovated multi-family rambler with a beautifully updated kitchen and three bedrooms, including a master bath in the main house, and a fully renovated additional living unit with two bedrooms, a full-sized kitchen, and a full bathroom. Two homes for the price of one, updated and move-in ready! New electrical system, plumbing, roof, gutters, windows, garage doors, and paint inside and out, plus so much more! The work has been done; just move in and enjoy! The two-bedroom unit in the back could be a potential income generator that can help cover the mortgage. Driveways in the front and back of the property make access simple and convenient. This charming rambler is about one block away from the Illahee Forest Preserve, which has over 600 acres and extensive trails. Ample shopping amenities are nearby, with the recent addition of a new medical center. There are a total of five bedrooms and three bathrooms, two driveways, and an oversized two-car garage! There aren't many fully remodeled homes with full-sized ADU units in Bremerton. (Some websites are showing this as 7 beds & 4 baths; it's actually 5 and 3.)

1936 NE Clemens Street, Bremerton

Listing courtesy of Better Properties Real Estate.

$2,180,000
2565089 MLS ACTIVE Status
Constructed in 1966, this well-maintained eight-unit apartment community features quality wood-frame construction with a durable marblecrete exterior. Ideally situated in Seattle’s highly sought-after Magnolia neighborhood, the property has historically maintained exceptionally low vacancy, driven by its premier location and strong tenant demand. The Magnolia 8-Unit Apartments offer investors an attractive value-add opportunity through the ability to increase below-market rents as units turn over, while also presenting the potential to add a legal ninth apartment unit (buyer to verify). The property’s desirable unit mix consists of five one-bedroom/one-bath units and three two-bedroom/one-bath units, along with seven on-site parking spaces and ample unrestricted street parking. Ownership has completed several meaningful capital improvements, including a full tear-off roof replacement. The building is also serviced by copper plumbing, providing long-term durability and minimizing future maintenance costs. Combining a prime Magnolia location, stable occupancy history, and clear upside potential, this offering represents an exceptional opportunity to acquire a quality multifamily asset in one of Seattle’s most established and supply-constrained neighborhoods.

2707 W Jameson Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$828,000
2563879 MLS ACTIVE Status
Exceptional Investment Opportunity in the Heart of Renton! Seize this rare chance to own a turn-key, well-maintained duplex featuring two fully occupied units with a strong rental history. Each unit offers 1,060 sq. ft. of functional, one-level living space, including a primary ensuite plus two additional bedrooms and a full guest bath. With spacious living and dining areas bathed in natural light, these units are designed for long-term tenant satisfaction. Enjoy breathtaking mountain views from the upper unit! 8 parking spots. Strategically located minutes from I-405, Highway 900, and premier shopping, this property is a standout for investors seeking reliable income in a high-demand area.

361 Earlington Avenue SW, Renton

Listing courtesy of Bushnell Real Estate Solutions.

$999,950
2564967 MLS ACTIVE Status
Excellent investment opportunity in Burien! This updated triplex offers three well-designed units, parking for 7 vehicles, a fully fenced property, outdoor patio and deck, and estimated combined rents of approximately $7,500 per month. Unit A offers 999 sq. ft. with 2 bedrooms, 1 bathroom, a covered front porch, formal dining room, patio access, new LVP flooring, cabinets, appliances, trim, doors, LED lighting, and a new electrical panel. Unit shares a laundry room with Unit B. Unit B provides 1,125 sq. ft. with 2 spacious bedrooms, 1 updated bathroom, an open floor plan, large kitchen, abundant windows, new flooring, cabinets, appliances, and upgraded dishwasher. Unit shares a laundry room with Unit A. Unit C offers 595 sq. ft. with 1 bedroom, a ¾ bath, open layout, large windows, LED lighting, electric wall heating, upgraded dishwasher, new appliances, and an in-unit washer and dryer. Updates include a newly installed roof, new gutters, and fresh interior and exterior paint. Property has two electrical meters, two main panels, and a third subpanel. Conveniently located just minutes from Maplewild Avenue Beach and Sea-Tac airport. Buyer to verify rental income and all property information. Expenses are estimated.

14643 8th Avenue SW, Burien

Listing courtesy of John L. Scott, Inc..

$4,950,000
2564976 MLS ACTIVE Status
We are pleased to present Redondo Ridge Townhomes, an 18-unit townhome community in Federal Way. Built in 1976, the property offers spacious 2-bedroom, 1.5-bath townhomes averaging 1,010 SF with fireplaces, vaulted ceilings, private patios, and full-size side-by-side washers and dryers. Offered at $4,950,000 ($275,000/unit, $272/SF), the asset delivers a 6.04% in-place cap rate with meaningful upside: current rents average $2,101, roughly 12% below the $2,400 achieved by comparable townhomes, and four unrenovated units offer approximately $500/month of additional income. Capital improvements include a new metal roof (2017), electrical panel upgrades (2018), fresh exterior paint (2026), and 14 of 18 units extensively remodeled with new cabinets, quartz counters, flooring, paint, doors, millwork, and appliances. Located 1.6 miles from the Federal Way Link Light Rail Station with convenient access to employment, shopping, and dining.

30323 15th Court S, Federal Way

Listing courtesy of Northmarq Multifamily, LLC.

$1,975,000
2563357 MLS ACTIVE Status
INVESTOR ALERT! $$$ Turnkey 8-unit multifamily property located in a quiet Bremerton neighborhood near Naval Base Kitsap and the Puget Sound Naval Shipyard. The property and surrounding neighborhood show exceptionally well. Comprised of two well-maintained buildings, the property features four bright, townhouse-style units in each, all offering 2 bedrooms, 1 bathroom, an in-unit washer and dryer, and plenty of on-site parking. All eight units have been updated with a cohesive design and consistent color palette throughout. Ownership has invested approximately $590,000 in renovations, repairs, and capital improvements since 2022, including new roofs on both buildings, new furnaces in all units, updated kitchens and bathrooms, LVP flooring, interior and exterior paint, plumbing and electrical improvements, siding repairs, and select new windows, exterior doors, water heaters, and appliances. The property offers a stabilized 6.15% cap rate based on the existing leases and stated operating expenses, with additional upside as rents move toward market rates. A solid, turnkey investment ready to perform from day one!

2821 2831 NE Center Street Unit #1-8, Bremerton

Listing courtesy of Keller Williams Downtown Sea.

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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