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$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.

$899,990
3 Beds ⋅ 3 Baths ⋅ 2467284 MLS ⋅ ACTIVE Status
Visit our staged Model at 2378 Franklin Ave E. This thoughtfully designed multi-level home offers a modern, functional layout featuring two primary suites, an expanded great room, and a contemporary open kitchen with stainless steel appliances. The versatile loft/office area adds flexible living space. Included is a street-access 1-bedroom ADU with its own entrance and utility meter, full kitchen, ¾ bath, and a W/D closet—perfect for rental income, a home office, or guest suite. The rooftop deck provides sweeping city views, and a dedicated EV ready parking spot included. Enjoy easy freeway access and close proximity to the Downtown Tech Hub and UW. No monthly HOA dues and no rental cap; endless potential in a prime location.

2374 Franklin Avenue E, Seattle

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

$869,990
3 Beds ⋅ 3 Baths ⋅ 2371530 MLS ⋅ ACTIVE Status
Visit our staged Model at 2378 Franklin Ave E. This thoughtfully designed multi-level home offers a modern, functional layout featuring two primary suites, an expanded great room, and a contemporary open kitchen with stainless steel appliances. The versatile loft/office area adds flexible living space. Included is a street-access 1-bedroom ADU with its own entrance, utility meter, full kitchen, ¾ bath, and a W/D closet—perfect for rental income, a home office, or guest suite. The rooftop deck provides sweeping city views, and a dedicated parking spot is available for purchase (first-come, first-served). Enjoy easy freeway access and close proximity to the Downtown Tech Hub and UW. No monthly HOA due and no rental cap; endless potential in a prime location!

2372 Franklin Avenue E, Seattle

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

$1,099,000
4 Beds ⋅ 3 Baths ⋅ 2371664 MLS ⋅ ACTIVE Status
Visit our Staged Model at 255 E Louisa St. This thoughtfully designed multi-level home offers a modern, functional layout featuring 2 bedrooms plus a top floor primary suite with a large walk-in closet, an expanded great room, and a contemporary open kitchen with stainless steel appliances. Included is an ADU studio with its own entrance, utility meter, full kitchen, full bath, and a W/D closet—perfect for rental income, a home office, or guest suite. The rooftop deck provides sweeping city views, and a dedicated EV ready parking spot included. Enjoy easy freeway access and close proximity to the Downtown Tech Hub and UW. No monthly HOA dues and no rental cap; endless potential in a prime location!

259 E Louisa Street, Seattle

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

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