Refine Search
Sort by
$1,400,000
2530629 MLS ACTIVE Status
Rare corner lot development or renovation opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. Zoned LR2(M), this 3,600 SF corner parcel features an existing ~5,500 SF two-story structure that served as a neighborhood anchor for over four decades. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional site utility and flexibility. Newer multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation and strong momentum in this neighborhood. Ideally situated within walking distance of Swedish Hospital Cherry Hill, Seattle University, and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for the area. Buyer to verify all zoning, permitting, and development feasibility

601 21st Avenue, Seattle

Listing courtesy of Asay Realty.

$2,125,000
2530607 MLS ACTIVE Status
108 Kensington S offers investors stable day-one cash flow, supported by in-unit washer and dryer in every unit, a highly desirable amenity that drives tenant retention and consistent rental demand. The property features a highly functional unit mix of one-bedroom and two-bedroom apartments. New ownership can benefit from proven operations while continuing to capture upside through rent optimization and streamlined management. The property benefits from immediate access to State Routes 167 and 516, providing seamless connectivity to Interstate 5, Seattle-Tacoma International Airport, and the greater Puget Sound region. Residents enjoy close proximity to Kent Station, the Sounder Train Station, and the ShoWare Center, offering convenient access to retail, dining, entertainment, and commuter transit, along with nearby parks and recreational amenities that enhance overall livability. As a major employment hub in the Pacific Northwest, the Kent Valley is home to over 12,000 businesses and a strong concentration of industrial and aerospace jobs. Major employers including Boeing, Amazon, Blue Origin, and REI continue to drive population growth and rental demand. With direct rail service to both Seattle and Tacoma, 108 Kensington S is well-positioned to attract residents seeking affordability, accessibility, and proximity to major employment centers.

108 Kensington Avenue SW, Kent

Listing courtesy of Paragon Real Estate Advisors.

$1,299,000
2531014 MLS ACTIVE Status
Don't miss this rare opportunity to own a classic mid-century duplex in the highly coveted Olympic Manor neighborhood. Positioned on an expansive level lot directly across street from Soundview playfield, this side-by-side duplex combines timeless character with modern updates. Each spacious residence offers three bedrooms and two bathrooms, refinished hardwood floors, updated electrical, plumbing, and heating systems. In addition each unit has a large garage with additional storage for functionality and convenience. The generous private backyard creates exceptional outdoor living space with room for entertaining, gardening, or play. An outstanding opportunity for investors, multigenerational living, or owner-occupants seeking rental income in one of Seattle’s most established neighborhoods. Unit #1575 will be vacant by Oct. 1st. for easy transition. Full roof replacement in 2015. Home and sewer inspections available upon request. The expansive Soundview Playfield is nearing completion of a major renovation.

1573 NW 90th Street, Seattle

Listing courtesy of Lake & Company.

$1,420,000
2530189 MLS ACTIVE Status
Investor opportunity meets peace of mind in this serene, centrally located Edmonds four-plex! Tucked away like a hidden gem, this property offers a tranquil setting with exceptional access to everyday conveniences. Featuring a versatile unit mix of one 3-bedroom, one 2-bedroom, and two 1-bedroom apartments, offering spacious living areas and attractive updates including newer cabinetry, quartz countertops, and stainless steel appliances.Perfect for investors or an owner-occupant seeking a live/rent (“house-hack”) lifestyle, this property is just minutes from transit, ferry access, parks, the waterfront, shopping, and restaurants.Major capital improvements provide added confidence and long-term value, including a new driveway and extensive French drain system installed approximately two years ago—a $70,000 investment designed to proactively manage drainage and protect the property. Additional moisture-control upgrades include two newer commercial-grade dehumidifier/air pump systems serving the lower units, a sump pump system installed in Unit 2, and thoughtful infrastructure improvements implemented to support long-term building performance. With ample parking, strong utility, and major systems already addressed, this property offers a compelling buy-and-hold investment or owner-occupied opportunity in one of Edmonds’ most desirable locations.

9010 236th Street SW, Edmonds

Listing courtesy of The Joseph Group.

$485,000
2510651 MLS ACTIVE Status
Excellent rent-ready duplex in highly desirable West Side, Cooper Point location. Ideal for investors or buyers looking to live comfortably in while offsetting their mortgage. Each unit is 1,170 SF (including 1-car garage) with 2 bedrooms and 1 bathroom, guest parking on a quiet cul-de-sac. This cozy home features a large galley kitchen, dining room, spacious living room and a one-car garage with a laundry room and washer and dryer hookups. Double pane windows keep the elements at bay while the beautiful natural surroundings create a tranquil atmosphere. Both units are occupied. The first unit (#A) is month-to-month and rented at $1600/month. The second unit (#B) is occupied and rented at $1450/month on a month-to-month lease. Located close to schools, shopping, dining, parks and essential services, with easy access to major routes. Unit A: New septic tank (November 2024). Note: The other two duplexes in the cul-de-sac (4416 and 4420) are also available for sale.

4424 NW Ridgewood Court Unit #A & B, Olympia

Listing courtesy of The Rants Group.

$799,950
2527876 MLS ACTIVE Status
Exceptional fully rented triplex offering immediate rental income and long-term investment potential with zoning for up to 4 units. This income-generating property has a strong rental history with reliable tenants and low vacancy, making it a smart addition to any investment portfolio. The versatile floorplan includes a spacious upper 3-bedroom, 2-bath unit along with two lower-level units, creating multiple streams of income and future owner-occupant flexibility. Each unit features its own washer and dryer for added tenant convenience. Significant updates include a newer roof installed in 2018 and a new sewer line completed in 2021. The property also offers abundant off-street parking, a valuable feature for tenants and guests alike. Ideally situated near I-5, Hwy 99, downtown Seattle, SODO, Burien, and Sea-Tac Airport, this location provides quick access to major job centers, public transportation, shopping, dining, and everyday amenities. With continued growth and rental demand throughout the Seattle area, this turnkey multifamily property combines stable cash flow, strong location appeal, and future development possibilities in one compelling investment opportunity.

10033 Des Moines Memorial Drive S, Seattle

Listing courtesy of John L. Scott, Inc.

$699,000
2529709 MLS ACTIVE Status
Incredible Investment Opportunity in Lowell! Private & versatile duplex with massive garages tucked away in a private, serene setting within Everett’s desirable Lowell neighborhood, this accommodating duplex offers an exceptional opportunity for savvy investors! Rent both or live in one and rent the other. Each spacious 2-bed, 1-bath unit features a comfortable layout, a welcoming living room, and a primary bedroom with a large closet and the ultimate highlight- an enormous, finished 806 sq ft 2-car tandem garage with abundant storage! Comfort is guaranteed year-round with separate gas forced-air furnaces (Unit A updated in 2022) complemented by efficient ductless mini-split systems (3 heads per unit: one in each bedroom and the living room). The property boasts low-maintenance Hardiplank siding, durable composite decking with aluminum railings, retractable awnings, and a fully fenced side yard with dedicated garden beds on the north side. Inside, Unit B shines with updated modern vinyl flooring, granite countertops, built-in cabinetry, stainless steel appliances and new two panel solid wood doors. Unit A features solid wood doors, and a beautifully remodeled full bath featuring a single vanity and dedicated laundry. Separate gas and electrical meters, individual strapped hot water tanks, and a highly accessible location make this Lowell duplex a rare find!

2320 Ravenna Street, Everett

Listing courtesy of Redfin.

$3,350,000
2529866 MLS ACTIVE Status
We are pleased to present Franklin 8 in Seattle’s Eastlake neighborhood! Built in 1967, the 8-unit asset comprises ~7,458 SF and features 8 spacious 2BD, 1BTH units. Each features a private patio or balcony and the large 930 SF floorplans include dedicated dining spaces, large closets, and pantry storage. The top floors units feature Clerestory height ceilings and windows in the living space. 2 units have been fully remodeled and equipped with in-unit laundry, providing the template to realize additional upside in completing renovations on the remaining 6 units. Significant capital improvements have been completed in 2023, including a reseal roof, replaced cedar siding, updated fencing, and improved landscaping. The building also features double paned windows throughout. In addition to its steady in-place performance and renovation upside, the asset presents investors with a unique opportunity to further increase density through the redevelopment of the rear parking lot which should support a 4-story building addition programed either as townhomes or eight potential new apartments (Buyer to verify). Positioned in one of Seattle’s most supply constrained and high-demand rental submarkets, the property supports the execution of multiple strategies for significant value add and upside building on a base of consistent and durable cashflow.

2362 Franklin Avenue E, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$849,950
2528928 MLS ACTIVE Status
Rare opportunity to own a newer duplex featuring 3 large bedrooms plus a bonus room, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

3120 Ponderosa Street NE, Lacey

Listing courtesy of Blue Summit Realty LLC.

$725,000
2524983 MLS ACTIVE Status
Excellent opportunity to own a versatile duplex in a convenient Tacoma location. Each unit offers 2 bedrooms and 2 bathrooms with functional layouts designed for comfort and flexibility. Spacious living rooms flow into bright kitchens with adjoining dining areas. Dedicated laundry rooms add convenience, while attached garages provide additional storage and parking options. The large yard offers plenty of outdoor space. Positioned near major highways and JBLM, this property provides an easy commute to surrounding areas while remaining close to everyday amenities. Enjoy quick access to parks, golf courses, shopping centers, dining, and local services. Whether expanding a real estate portfolio or seeking a property with strong long-term potential, this duplex combines location, layout, and functionality in one appealing package. A rare chance to secure a multi-unit property in an established area with convenient access to everything Tacoma has to offer.

13620 13622 14th Avenue S, Tacoma

Listing courtesy of Redfin.

$4,000,000
2527028 MLS ACTIVE Status
The property consists of 19 one-bedroom / one-bathroom units, one one-bedroom + office / one-bathroom, and one three-bedroom / two-bathroom unit, totaling 14,975 rentable square feet across three stories of wood-frame construction. The property has been meticulously maintained during the current ownership and this is the first time the property has been marketed in 33 years. Current rents average below market across the portfolio, with one-bedroom units running approximately 6% below comparable market rents and the three-bedroom unit carrying meaningful additional upside. An investor operating the building at market rents and fully charging for parking and storage will bring the proforma cap rate to 7.0% with minimal capital needed. The building has been meticulously maintained throughout the current ownership. In 2016, elastomeric waterproof paint was applied to the rockcrete siding, the roof was replaced in 2019 along with the main water supply line, and in 2023/2024 the main sewer drain line and underground cast iron plumbing was replaced. Interbay 21 Apartments offers convenient access to major public transportation routes while being in close proximity to the employment centers, dining, retail, and neighborhood amenities of Queen Anne, Ballard, Interbay, and Magnolia. The building’s location on a quiet residential street provides a strong lifestyle appeal for its tenants and will be highly desirable for future tenants as well.

2820 15th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$849,950
2528936 MLS ACTIVE Status
Rare opportunity to own a newer duplex featuring 4 large bedrooms, 2.5 baths and 1,742 sqft per unit, along with a 2-car garage. Gateway North neighborhood is well-kept w/ a cohesive look. Located in a very strong rental area, this duplex has great potential for positive cash flow. Units feature solid surface flooring throughout, granite counters throughout, stainless appliances, high efficiency mini split heat pump systems with air conditioning, and energy efficient insulation and lighting packages. Built in 2020 and exceptionally well maintained. Long term leases in place and a great cap rate with room for continued growth. Exterior features custom siding accents and fenced rear yards. Convenient to all amenities and freeway access.

3112 Ponderosa Street NE, Lacey

Listing courtesy of Blue Summit Realty LLC.

$2,500,000
2528093 MLS ACTIVE Status
Located along a quiet residential street between the vibrant 15th Avenue and 19th Avenue commercial corridors, Mod 19 offers residents immediate access to Capitol Hill’s restaurants, coffee shops, boutiques, grocery stores, and neighborhood amenities. Broadway, the Pike/Pine Corridor, Volunteer Park, and the Capitol Hill Light Rail Station are all within close walking distance, providing convenient access to Downtown Seattle, South Lake Union, the University District, and SeaTac Airport. Situated on a 4,000 square foot LR3-zoned lot, the property consists of eight thoughtfully designed units including four studios averaging approx. 255 SF, three 2BR/1BA units averaging approx. 620 SF, and a two-story penthouse 2BR/2BA unit totaling approx. 923 SF with expansive city, lake, and mountain views from the living room and private rooftop deck. The property features modern finishes throughout including granite countertops, stainless steel appliances, in-unit laundry, tile bathrooms, vinyl plank flooring, and large dual-pane vinyl windows. Additional features include hydronic radiant floor heating, individual hot water tanks, and modern electrical, plumbing, roofing, siding, and window systems consistent with newer construction standards. With modern design, durable construction, and an irreplaceable Capitol Hill location, Mod 19 Apartments offers investors a compelling combination of strong tenant demand, operational efficiency, and long-term appreciation potential.

1814 E Denny Way, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,900,000
2525348 MLS ACTIVE Status
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.

$1,350,000
2528658 MLS ACTIVE Status
Welcome to this seaside West Seattle tri-plex with views! Great investment opportunity in this street-to-street corner lot with Sound & Olympic Mountain views. The CUTE and well-maintained units include TWO: 2 bed/1bath units with fireplaces, attached garages plus off-street parking and ONE: studio unit. Each unit has dedicated outdoor patios or garden space, plus all units share the front lawn with views. Shared laundry room & basement storage. One unit is clean & vacant ready to rent or is perfect for the savvy owner occupant. Land bank for future development potential with LR2 (M) zoning. Tenants will enjoy accessibility to waterfront parks, restaurants, shopping, Alki Beach, & transit.

3604 Beach Drive SW, Seattle

Listing courtesy of Windermere West Metro.

$1,250,000
2529127 MLS ACTIVE Status
Everett 4 Unit: 6.37% cap rate. One unit vacant, making this ideal for an owner-occupier to live in one unit while the remaining three cover the mortgage. Long-term tenants in place providing stability and reliable cash flow. All units are 2BD/1BA at 850 SF each (3,400 NRSF) on a 6,098 SF lot. Infrastructure highlights include a 4-year-old roof, copper and ABS plumbing, and GE electrical panels, minimizing near-term cap-ex and providing peace of mind for the incoming investor. Units feature forced air heating, on-site laundry, and two units have back patios. 10 parking spaces (2.5/unit) adds convenience and tenant retention value. Upside available through strategic market rent adjustments as the surrounding Everett market continues to grow — making this an ideal core hold for any investor seeking steady income with long-term appreciation potential.

3116 18th Street, Everett

Listing courtesy of COMPASS.

$845,000
2527663 MLS ACTIVE Status
Rare opportunity to own a well-maintained duplex in the highly desirable Lake Tapps area, tucked away on a quiet dead-end street surrounded by mature trees and a peaceful neighborhood setting. Purchased from builder by sellers in 2003, this property has been an exceptional long-term investment with strong appreciation, reliable tenants, and steadily increasing rental income. Each spacious unit offers nearly 1400 sq ft with 3 bedrooms, 2.5 baths, full-size laundry, large primary suites with walk-in closets, private decks, backyards, and oversized 2-car garages, a combination that has made tenant retention remarkably strong. Current tenant in Unit 1 has been extremely reliable and would like to stay. The previous tenant in Unit 2 remained for 9 years. Unit 2 has recently been refreshed with new interior paint, new laminate flooring throughout the main level, new front-load washer and dryer, new water heater, and new range. Unit 2 also features granite countertops, while Unit 1 offers laminate flooring in the kitchen and dining areas. Entire building received a new roof and gutters in 2026. Neighborhood membership includes access to coveted Church Lake Park on Lake Tapps with private picnic areas, playground, + boat launch access, a rare amenity in an area with limited public lake access. Opportunity for either an investor seeking strong rental appeal and upside potential, or an owner-occupant looking to offset mortgage costs with built-in rental income.

7418 207th Avenue E, Bonney Lake

Listing courtesy of Rethinking Real Estate LLC.

$675,000
2528181 MLS ACTIVE Status
Lovely duplex located in the heart of Yelm offering two spacious units, each featuring 3 bedrooms, 2.5 baths, and approximately 1,300 sq ft of comfortable living space. Each home includes a spacious primary suite with private full bath, pantry, washer and dryer, forced-air gas heat, abundant storage, and an attached 1-car garage with opener. The landscaped property also features partially fenced yards for added privacy. One unit has been beautifully remodeled with granite countertops, updated cabinetry, laminate flooring, and modern fixtures throughout. Situated in a quiet community with small-town charm, yet conveniently close to JBLM, shopping, restaurants, schools, parks, golf courses, Lacey, Olympia, and surrounding areas. This property is in an ideal location for both owner-occupants and investors alike.

15334 Berry Valley Drive SE Unit #15332, Yelm

Listing courtesy of Berkshire Hathaway HS NW.

$865,000
2527369 MLS ACTIVE Status
Excellent Multi-Family Investment Opportunity in Downtown Puyallup!Well-maintained single-story 4-plex located in a desirable Puyallup location, offering strong rental appeal and investment potential. Situated at 322 7th St SW, this property features a practical one-level layout, appealing to a broad tenant base. Amenities include a shared on-site laundry room and convenient alley access, with Unit 4 offering the added benefit of private off-alley parking.Ideally located near downtown Puyallup amenities, shopping, dining, parks, and commuter routes, this property presents an outstanding opportunity for investors seeking stable income potential in a high-demand rental market. Add to your portfolio or invest in a versatile multi-family property with long-term upside.

322 7th Street SW Unit #1-4, Puyallup

Listing courtesy of Washington Realty Group.

$900,000
2527561 MLS ACTIVE Status
A rare income-producing triplex on an expansive double lot (14,374.8 sq ft) with ADU potential. This property features three fully separate living units — each with its own private entrance, kitchen, and bathroom — offering true independent living and multiple income streams for investors or owner-operators. The main-floor unit includes 6 individually rented bedrooms sharing common living space, generating strong, consistent room-by-room income. The upstairs unit offers 2 bedrooms and approximately 1,000 sq ft of living space. The lower level is a private 1-bedroom apartment, ideal for additional rental income or onsite management. In total, the property offers 9 bedrooms across 3 fully separate units, with strong existing cash flow and significant upside. Additional potential includes reconfiguring existing space for even greater occupancy, plus a detached garage offering storage, parking, or future conversion possibilities. A true triplex with three distinct living spaces, a spacious double lot, and proven income — a standout opportunity for investors in Everett.

3732 Rockefeller Avenue, Everett

Listing courtesy of Real Broker LLC.

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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.