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$799,995
2497011 MLS ACTIVE Status
South Park income-producing property featuring a beautifully updated Northwest Contemporary home with a basement apartment and detached DADU, offering excellent potential for rental income. The main home showcases vaulted ceilings with exposed beams, warm wood flooring, and abundant natural light. The chef’s kitchen is designed for both style and function with quartz countertops, stainless appliances, farmhouse sink, live-edge shelving, pantry, breakfast bar, and a huge quartz center island, along with skylights that create a bright, inviting space perfect for entertaining. Flexible living includes a main floor bedroom or office, full bath, and main-level laundry. Upstairs you’ll find a spacious primary suite with a walk-in closet and relaxing bathroom with jetted tub. The property also features two income-producing units: a lower-level apartment with kitchen, living room, den, private laundry and bath, plus a detached industrial-style DADU with loft, kitchen, bath and private laundry. Outdoor spaces include a walkout deck, private patio, and thoughtfully designed garden seating areas, along with RV parking, carport, and parking for up to five vehicles. Located in a central South Park location, this rare opportunity is ideal for investors or buyers seeking rental income to offset their mortgage. The main home and basement apartment are currently rented through August.

1053 S Southern Street, Seattle

Listing courtesy of RE/MAX Extra Inc..

$7,000,000
2495756 MLS ACTIVE Status
Newly available in a highly desirable Edmonds. Inquire about possible seller financing. 12 townhomes priced well below replacement cost at $338 per finished SF, not including the 7368 SF of garages. Triplex structure provides for 8 end units. Originally built in 2008 and previously sold to the current owner, these homes are now being offered to new owners for the first time. Beautiful and spacious tri-level townhouses located in a prime Edmonds location at the corner of 48th Ave W and 164th St SW. This well-maintained contemporary home offers 1,724 SF of comfortable living space with an open floor plan designed for modern living. The large kitchen features granite countertops, quality appliances, and plenty of cabinet space, opening to bright living and dining areas highlighted by hybrid wood flooring and a custom stone gas fireplace. Upstairs, the spacious primary suite boasts a cathedral ceiling, walk-in closet, and a full bath with dual sinks. Two additional bedrooms and a full bathroom provide plenty of space for guests or home office. Additional features include an energy-efficient radiant hydronic heating system, in-unit washer and dryer. Don't miss the ginormous 614 SF 2-car garage with extra space for hobbies and storage. Conveniently located with easy access to Highway 99, I-5, and I-405, and within the highly regarded Edmonds School District. Close to shopping, dining, and everyday amenities. Separately deeded as condos for future individual sale potential.

16415 48th Avenue W, Edmonds

Listing courtesy of Specialty Real Estate Group.

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

101 SW 2nd St, Chehalis

Listing courtesy of Lee & Associates Commercial RE.

$779,000
2494752 MLS ACTIVE Status
Charming Titlow duplex with detached 3-car garage just blocks to the beauty of Titlow Beach and park. Each 1 bed / 1 bath unit has been refreshed with new interior paint, durable LVP flooring and thoughtful updates to create move-in ready living spaces. New exterior paint for fresh curb appeal and each unit offers its own sewer line and separate gas, and electric meters for efficiency. Great opportunity for income and flexibility- live in one unit while renting the other or lease both for steady returns, with added potential to generate extra income by renting out the spacious 3 car garage for storage or parking. Don’t miss your chance to own this versatile and well-located property!

1536 -1538 S Walters Road, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$1,950,000
2494339 MLS ACTIVE Status
Classic 1926 brick 6-unit apartment building in North Capitol Hill near Broadway & Roy. Unit mix includes two large studios and four one-bedroom units in one of Seattle’s most walkable, amenity-rich neighborhoods. Stabilized asset with strong in-place cash flow and a 5.11% cap rate, offering dependable income and long-term appreciation potential. Part of a distinctive group of four architect-designed buildings, the property retains original charm with coved ceilings, mahogany trim, and oak hardwood floors. Kitchens have been updated with modern appliances and finishes while preserving historic character. Efficient layouts feature full-depth, corner-style units with windows on three sides for abundant natural light and cross ventilation; one-bedrooms include separate dining rooms. Amenities include common laundry and individual storage lockers, supporting tenant convenience and long-term occupancy.

722 10th Avenue E, Seattle

Listing courtesy of Westlake Associates, Inc..

$485,000
2484270 MLS ACTIVE Status
Discover the perfect blend of comfort, flexibility, and investment potential with this charming and well-maintained duplex. Whether you're looking to offset your mortgage by living in one unit and renting out the other, or expand your portfolio by leasing both sides, this property offers exceptional versatility to fit your goals. With a combined total of 1,924 square feet of living space, each thoughtfully designed unit features 2 spacious bedrooms, 1 full bathroom, and its own private garage — providing convenience and added value for both owners and tenants alike. The functional layouts offer comfortable living areas, ample natural light, and practical use of space throughout. Situated on a generous, level 18,731 square foot lot, the property offers abundant outdoor space with endless possibilities — from gardening and recreation to potential future enhancements (buyer to verify). The expansive yard adds privacy, usability, and long-term value that is hard to find. Meticulously cared for over the years, this duplex also had a new roof installed in 2019, providing added peace of mind and minimizing future maintenance concerns. Whether you're an investor seeking reliable rental income or a homeowner wanting built-in earning potential, this property presents a rare opportunity you won’t want to miss!

3201 - 3203 Laurel Lane, Centralia

Listing courtesy of Gateway Real Estate.

$624,000
2494422 MLS ACTIVE Status
Steady income potential! Large duplex in Bremerton’s Tracyton neighborhood offering a great mix of space, flexibility, and location. Each 1,520sf unit includes four bedrooms, two full bathrooms, comfortable living and dining areas, in-unit laundry hookups, a covered carport space, and private fenced backyards. One side is occupied by a reliable long-term tenant, while the other has been regularly leased but is now available for showings. Located in a quiet, tucked-away setting with easy access to Central Kitsap schools, military bases, shopping, and outdoor recreation, this property is a dependable option for investors or buyers interested in living in one unit while renting the other.

5726 5728 Tracyton Boulevard NW, Bremerton

Listing courtesy of Windermere RE Bainbridge.

$800,000
2493055 MLS ACTIVE Status
Turnkey duplex opportunity in the heart of Columbia City that is great for house hacking by living in one of the units or renting out both for cashflow. This well-maintained property features two updated units: Unit A features a 3-bedroom, 1-bath floorplan and Unit B features a 2-bedroom, 1-bath floorplan. Both units are currently tenant-occupied, providing immediate rental income for the next owner. Each unit has been thoughtfully updated with modern finishes with its own individual washer & dryer, helping minimize near-term maintenance while offering comfortable living spaces. Generous interiors and functional floor plans make the property well-suited for long-term rental use. Conveniently located just steps away from the Light Rail, as well as local shops, dining, and parks in Columbia City. A compelling opportunity for investors seeking a well-kept, income-producing property in a central Seattle location. The duplex comes pre-inspected.

5045 37th Avenue S, Seattle

Listing courtesy of COMPASS.

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

520 S Kelsey Street, Monroe

Listing courtesy of Northmarq Multifamily, LLC.

$2,975,000
2493770 MLS ACTIVE Status
Rare opportunity to acquire a 6-unit waterfront multifamily asset in one of West Seattle’s most iconic locations. Situated on Alki Ave SW, this property offers unobstructed Puget Sound and Olympic Mountain views just steps from Alki Beach, the Alki Trail, dining, and neighborhood amenities. The property consists of 2 buildings with a strong unit mix, including spacious renovated units averaging approximately 1,200 SF, in-unit laundry, and off-street parking for 8-10 cars. Located on a 12,000 SF LR2(M) zoned lot, the asset presents multiple value-add angles including continued rent growth, long-term hold potential, and possible future redevelopment optionality. Current rents provide upside with renovated units and a premier location that continues to drive strong tenant demand. An irreplaceable Alki waterfront offering with income, scale, and land value in a highly sought-after coastal submarket. Buyer to verify all information to their satisfaction.

1788 Alki Avenue SW, Seattle

Listing courtesy of Kidder Mathews.

$1,400,000
2493653 MLS ACTIVE Status
The Ballard Seven is a 7-unit apartment complex located just blocks from Ballard High School. The property unit mix consists of (1) Studio, (3) 1 bedroom/1bath and (3) 2 bedroom/1bath apartments. One 2 bedroom apartment is 1,100 sf and features a large rooftop terrace. The apartment interiors have been diligently maintained by the current ownership, which includes recent plumbing and electrical upgrades. This offering presents an investor with a cash-flow positive investment on day 1 with a simple value add path to an above market cash on cash return. The property has historically low vacancy and the current rents are within 10% of market rates which offers an attractive risk profile for an investor.

7329 15th Avenue NW, Seattle

Listing courtesy of Westlake Associates, Inc..

$3,999,000
2493118 MLS ACTIVE Status
Excellent investment opportunity to purchase a 36-unit, single-story, garden-style apartment complex in Centralia, WA. All units consist of 1-bedroom units, which are both well-maintained and have strong historic rental history. Increases in several recently rented units indicate potential for additional rental income. On-site laundry to provide additional income (equipment is owned rather than leased and included in the sale). Property is centrally located in the Centralia-Chehalis area, with I-5 a short 5-minute drive away. Ample parking with both assigned spaces and street parking. All the roofs were replaced and windows upgraded to vinyl double-pane windows in 2015. Priced at $4.45M (or less than 124k/unit), which provides a cap rate of 6.82% based on the current actuals.

1100 S Pearl Street, Centralia

Listing courtesy of Windermere Northwest Living.

$2,890,000
2492756 MLS ACTIVE Status
Multi Gen Living! ~ Also zoned (CB) Commercial Business [Private Elevator] ~ [6,927] Magnificent SF. [7] Bedrooms, including [6] w/private ensuites. [12] Baths total. The panorama is permanent, the address irreplaceable. Two residences. One address. Positioned high above Lake Washington, the water doesn't frame the room. It fills it. From every floor, through every window: shimmering open water, the Olympic Mountains on the western horizon, and Kenmore Air floatplanes tracing arcs across the surface below. The building's height is grandfathered under current zoning. It cannot be built again. Two complete luxury residences, one above the other, both with 11ft crafted tray ceilings with crown molding. Each residence features master-level laundry and a second W/D on the lower level. The Upper Res has a private 3-stop elevator. The Lower Res has the shaft, fully framed, structurally prepped. The bones are there. The decision is yours. The Upper Residence (3,902 SF | 3 bed | 4.25 bath): travertine marble floors with radiant heat, a fully equipped lake-view kitchen served by 2 additional lake-view wet bars, a gas fireplace, a vaulted pavilion with classical columns open to the water, a curved five-window gallery, and a five-piece marble spa bath, Velux skylights, soaking tub, and walk-in shower. The Lower Residence (3,025 SF | 4 bed | 4.50 bath): cherry cabinets, granite countertops, SS appliances, gas range, a gas fireplace, HW floors, and a glass-railed lake-view deck.

6404 NE 181st Street Unit #A&B, Kenmore

Listing courtesy of KW Everett.

$750,000
2492608 MLS ACTIVE Status
$6,250 per month in occupied rents! Huge 140 x 120 building ready lot with septic already installed! Views of Mt Rainier & the Cascades. Excellent neighborhood with close access to freeways & the Puyallup S.D. Discover this incredible investment opportunity featuring multiple income producing units. This property delivers strong cash flow & is near everything you need! This is a rare opportunity combined with a great location. Main home is 2-bedroom, 1-bath, currently rented at $1,750/month. The 1,800 sq ft heated garage with 600 sq ft of office or additional storage space is currently rented for $2,750/month and offers 2 oversized 14' tall x 12' wide doors, a half bath, fully insulated, ready for engine hoists & equipped with 320 amp power. A fully remodeled 1-bedroom, 1-bath non-conforming ADU, attached to the rear of the large shop, also generates $1,750/month.

7415 100th Street E, Puyallup

Listing courtesy of Terrafin.

$1,300,000
2492452 MLS ACTIVE Status
Turn-key 8-unit asset with strong income potential and multiple operating strategies. Property is currently configured as hotel-style studio units, each fully furnished with a full bath and kitchenette, and was previously operated as overflow lodging for a nearby hotel. Units are separately metered for electric, providing flexibility to continue as short-term or extended-stay lodging, or reposition as long-term rentals for more traditional multifamily cash flow. Strong rent-per-square-foot potential with additional value-add upside. Property features 8 ground-level parking spaces plus a second-floor storage room already plumbed for future laundry installation. First time on the market — owned by the original owner with recent roof replacement and major capital improvements already completed. Excellent access to I-5 and Hwy 99, with close proximity to downtown supporting consistent rental demand and long-term investment appeal.

1120 N 91st Street, Seattle

Listing courtesy of Real Broker LLC.

$989,000
2491971 MLS ACTIVE Status
Bring Offers! Great investment opportunity in Federal Way. Well-maintained four-plex featuring four spacious 2-bedroom, 1-bath units, each offering 1,000 square feet of comfortable living space. Functional layouts, generous unit sizes, and consistent rental demand support strong long-term performance. Property currently offers a cap rate of over 6%, making it an attractive addition to an investment portfolio. Significant capital improvement completed with a new tile roof installed in 2022, providing durability and reducing future maintenance concerns. Conveniently located near major commuting routes, shopping, dining, and everyday amenities. Large unit sizes, solid income potential, and key updates make this a compelling multi-family investment opportunity in a strong rental market. Excellent opportunity for investors seeking stable cash flow and long-term value.

34120 1st Place S, Federal Way

Listing courtesy of Real Broker LLC.

$479,999
2490633 MLS ACTIVE Status
EXCELLENT OPPORTUNITY to Own This Fully Updated Tacoma Duplex, in the Heart of Tacoma’s Vibrant Hilltop Neighborhood. Ideal for House Hacking or Expanding Your Rental Portfolio. Two Fully Independent Units with Private and Separate Entrances, Fully Equipped Kitchens, ALL Appliances, Washers and Dryers, and Comfortable Living Quarters. Unit B on the Main Level Has High Ceilings, Two Bedrooms and Large Open Kitchen. Upper-Level Unit A Has One Bedroom and Galley Kitchen. Updates Include Newer Roof, Electrical, and Plumbing, plus Ductless Mini-Split System in Unit B Providing Heating and Cooling. Enjoy Care-Free Backyard, Parking Spaces for Four Cars to Park with Alley Access, Two Cars Tandem for Each Unit. This Duplex Offers Versatility with Ease of Maintenance; it's All Been Done and Ready to Cash Flow! Close to Everything – DT Tacoma, UW Tacoma, Tacoma Dome, Hospitals, I-5, and More. Outstanding Value in a Growing Neighborhood. Don’t Miss This One for Your Portfolio!

2529 S G Street, Tacoma

Listing courtesy of Real Broker LLC.

$700,000
2488016 MLS ACTIVE Status
Perched above the street for added privacy, this legal duplex features two carports and exceptional versatility. Each unit is accessed by its own private stairway and offers a bright, comfortable layout with two bedrooms and one bathroom, filled with natural light. The property also includes a coin-operated washer and dryer for tenant convenience and an additional income opportunity for the owner. It provides quick access to public transit for easy commutes to downtown or the Eastside. Conveniently located near schools, parks, I-5, and I-90, this property presents a unique opportunity to live in one unit and rent the other, rent both as a strong investment property, or explore future development potential. Current rents total $3,300 per month. Both units have maintained a 100% occupancy rate for years, making it a solid cash-generating property. A street appraisal of the exterior is acceptable; however, please do not disturb the occupants.

1537 15th Avenue S, Seattle

Listing courtesy of Windermere Real Estate/East.

$620,000
2489355 MLS ACTIVE Status
This recently updated duplex presents a strong opportunity for steady cash flow. Both 2 bed / 1 bath units feature modernized kitchens with newer appliances, quality fixtures, and quartz or granite countertops. Interiors include updated bathrooms, new flooring, and fresh paint throughout. The property sits on a large lot with fully fenced backyards, separated by a fence between the units for added privacy. It has been pre-inspected and is fully occupied with reliable tenants. Current rents are approximately 20% below market value, offering room for future increases. A detached two-car garage may provide additional rental income or potential conversion to another unit (buyer to verify),6 more parking spots in driveway. Conveniently located near the lake and many local amenities. Please do not disturb tenants.

6801 -6803 Steilacoom Boulevard SW, Lakewood

Listing courtesy of AQUA Real Estate.

$1,216,800
2489986 MLS ACTIVE Status
Investor-Ready Cash-Flowing Triplex in Meadowbrook’s LR3(M) Growth Zone Fully stabilized 1960 triplex in northeast Seattle’s Meadowbrook neighborhood. Each of the three identical 3-bed/1-bath units is 1,100 SF and leased through 2026-2028. Tenants pay all utilities (electric directly; sewer/water/garbage via RUBS). Each unit has separate laundry, and the property includes seven off-street parking spaces. Capital Improvements (2019–2026): New SquareD panels, GFCI bath/kitchen upgrades, dedicated appliance/bath circuits, targeted heater replacements, PEX refit in Apts. A/C, bathtub re-plumbing, new toilets, new water heaters, new carpet/vinyl flooring, newer kitchen/bath cabinets, appliances, window coverings, interior paint, redirected drainage, and vinyl windows. Deferred maintenance addressed; capex schedule available. Location & Zoning Upside: Meadowbrook (98125) offers residential character and LR3(M) density upside. Rapid bus lines are within a 5-minute walk, Northgate light rail is about a 10-minute drive, and the Burke-Gilman Trail is nearby. Lake City Way adds nearby retail and dining convenience. Target Buyer: Small investor seeking stable cash flow or portfolio buyer consolidating LR3(M)-zoned assets. Clean title, clean books, clean systems. Boundary survey completed in 2018, adding due diligence value.

12317 35th Avenue NE, Seattle

Listing courtesy of MLS4owners.com.

$1,400,000
2489998 MLS ACTIVE Status
Originally built in 1968, the property has an excellent occupancy history having been fully remodeled throughout. All three units are large 2-bedroom, 1.75-bath units (approximately 1,030 SF each), giving new ownership the opportunity to acquire a stabilized asset with modern finishes in a strong rental location. Each unit is outfitted with new countertops, hardwood-style flooring, updated cabinetry, new fixtures, stainless steel appliances, and full-size washer/dryers. Residents enjoy private decks, storage options, and the convenience of four off-street parking spaces—amenities that help ensure strong tenant demand and long-term retention. With an attractive in-place CAP rate of 5.22% and no immediate renovation needs, the West Seattle Triplex offers investors durable cash flow from day one in a centrally located neighborhood with continued growth potential. Residents enjoy convenient access to major public transportation lines, providing connectivity to Downtown Seattle and surrounding employment centers. West Seattle’s continued popularity and walkability will continue to support strong tenant demand and long-term rent growth.

5954 Fauntleroy Way SW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$699,000
2488606 MLS ACTIVE Status
Beautiful property in the heart of Tukwila featuring a 4-bedroom, 2-bath primary home plus a detached 1-bedroom, 1-bath ADU, offering excellent flexibility for investors or owner-occupants. The 1,170 sq ft main home and 600 sq ft DADU are both tenant occupied, providing immediate rental income. The detached ADU has been recently renovated with modern LVP flooring and upgraded finishes, creating a comfortable and stylish living space. Situated on a generous 8,696 sq ft corner lot, the property features a spacious, level backyard with plenty of room for outdoor recreation, entertaining, or future possibilities. Ideally located with easy access to I-5 and I-405, making commuting throughout the Seattle area simple and convenient. Just steps from the Light Rail station, providing quick transit access to downtown Seattle, SeaTac Airport, and surrounding cities. A rare opportunity to own a versatile property in a highly accessible location with strong rental potential.

13348 32nd Avenue S, Tukwila

Listing courtesy of Triplar Properties.

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