Seattle WA 54 - 4-Plex Style Homes for Sale

Turnkey 4-plex Investment in Seattle. 4 spacious units with functional layouts. 3 units are 2 bed, 1 full bathroom and 1 unit is 1 bed, 1 full bathroom. Recently remodeled units including, kitchens, bathrooms, windows, doors, floors, and SS appliances. Newer roof, recently painted exterior, interior and updated plumbing. 6 off street parking spots. Coin operated laundry brings in additional income. The building's thoughtful layout ensures plenty of natural light. Quiet neighborhood offers accessibility to everything in the city. Just a short walk to Duwamish River Waterfront Park, residents can enjoy scenic river views. Walking distance to popular restaurants, providing easy access to dining and entertainment. Near Major Tech companies, Downtown Seattle, SeaTac Airport, shopping malls, restaurants, parks, schools and light rail. Great Cash-flowing property for an Investor, owner-occupied buyer, VA or a 1031 exchange.

701 S Kenyon Street, Seattle

Listing courtesy of Skyline Properties, Inc..

$1,650,000

2565711 MLS ⋅ ACTIVE Status

Rare commercial property investment opportunity in Seattle's Green Lake neighborhood. This 3,250 sq ft building sits on a 5,400 sq ft lot and is currently home to 1 retail business and 3 housing units . Recent rezoning allows building up to the height of 40 feet. Here's one of the few remaining chances at commercial development in the neighborhood!

305 NE 65th Street, Seattle

Listing courtesy of Windermere Real Estate/M2, LLC.

$1,228,888

2562308 MLS ⋅ ACTIVE Status

Fantastic opportunity to own a well-located fourplex in Seattle’s desirable Magnolia neighborhood. Three units are currently leased, while Unit 3 is intentionally being held vacant to provide easy access for showings and flexibility for the next owner. Ownership has historically prioritized stable, long-term tenancies and limited turnover, resulting in several rents remaining on the lower end and offering potential for future income growth. The property includes four dedicated off-street parking stalls—one for each unit—on-site laundry and a shared backyard area. Zoned LR3(M), the property may also offer long-term redevelopment or value-add possibilities, subject to buyer verification and applicable City of Seattle requirements. Conveniently located near Magnolia Village, Discovery Park, Queen Anne, Ballard and Downtown Seattle, with easy access to neighborhood shops, restaurants, parks, transit and major employment centers. An appealing opportunity for an investor or owner-occupant seeking established rental income, immediate leasing flexibility and long-term potential in one of Seattle’s most established neighborhoods. Please do not disturb tenants.

2657 Thorndyke Avenue W, Seattle

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

$1,999,950

2558358 MLS ⋅ ACTIVE Status

Live in the heart of Capitol Hill while building equity with this unique Craftsman-style fourplex. Ideal for an owner-occupant or seasoned investor, the versatile unit mix includes a studio, one-bedroom and 2 three-bedroom residences. Live comfortably in one unit while rental income from the others helps offset your mortgage. Current monthly income is $8400 with potential upsides in rents as you improve each unit. Residents will appreciate having Capitol Hill’s acclaimed restaurants, cafés, nightlife, shopping and transit just outside their door. The property offers solid in-place income with potential to increase rents as units are turned-over and upgraded. Zoned NC3P-75 (M) which also provides long-term redevelopment opportunities for mixed-use apartments or "condo-ize" the property. Enjoy the energy and convenience of one of Seattle’s most desirable neighborhoods while securing an income-producing property with room to grow. Seller Financing Available.

1210 E Pine Street, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$1,399,000

2542292 MLS ⋅ ACTIVE Status

The property includes one non-conforming studio unit, two 1-bedroom/1-bathroom units, and one 2-bedroom/1-bathroom unit. All units were renovated approximately five years ago, featuring hard-surface flooring, updated kitchens, fresh paint, and modern fixtures throughout. The current owner has maintained the property with great care, and it benefits from mature landscaping that enhances its overall appeal. The property currently operates at a 4.6% cap rate, with potential upside through rent increases and the addition of storage income. This offering represents a rare chance to acquire a well-maintained, stabilized asset in the heart of Georgetown.

6635 Carleton Avenue S, Seattle

Listing courtesy of Skyline Properties, Inc..

$4,200,000

2557146 MLS ⋅ ACTIVE Status

Queen Anne Jewel: Exceptional Four-Unit Investment or Grand Single-Family Conversion. Discover one of the finest real estate opportunities in Seattle’s most picture-perfect neighborhood. Perched in a premier Queen Anne location surrounded by multi-million dollar estates, this one-of-a-kind property offers breathtaking, unobstructed views of the Space Needle, Mt. Rainier, Elliott Bay, the Downtown Seattle skyline, and both the Cascade and Olympic mountain ranges. Currently configured as four meticulously upgraded units (three 2-bed/2.5-bath view units and one 1-bed/1-bath unit), every residence boasts premium appliances, private balconies, gas fireplaces, and in-unit laundry. While it serves as a high-performing luxury income asset, the property also presents a rare and incredible opportunity to convert the structure back into a singular, world-class grand estate. Located just down from iconic Kerry Park and welcoming neighborhood dining, this versatile property is sold as-is. Buyer to investigate to their full satisfaction.

604 W Kinnear Place, Seattle

Listing courtesy of Windermere RE West Campus Inc.

$949,500

2556281 MLS ⋅ ACTIVE Status

Toatally renovated and fully occupied four-plex — turnkey income property in a proven Seattle rental corridor. Rare opportunity to acquire stabilized small multifamily where all the work is already done. Each of the four 2-bedroom, 1-bath units was comprehensively renovated in 2025 with new kitchens, updated baths, modern flooring, and in-unit washer/dryers. features that attract quality tenants and keeps them in place. Long-term tenants occupy all four units, with current rents sitting below market — organic upside with zero additional capex. Minutes to [downtown Seattle / SeaTac / major employers via 509], transit, and the White Center–Burien amenity corridor. Small renovated multifamily rarely comes available in this area. Ideal for a buy-and-hold investment and 1031 exchange buyers seeking immediate placement. Full financials, rent roll, and lease documentation available to qualified buyers on request.

10443 17th Avenue SW, Seattle

Listing courtesy of Windermere RE Greenwood.

$1,395,000

2556067 MLS ⋅ ACTIVE Status

1822 S King St is a Walkers Paradise with a walk score of 94, placing residents within easy reach of Downtown Seattle, major hospitals, neighborhood restaurants and shops, and convenient transit options. Constructed in 1988 and with a full-gut renovation in 2001, the building features modern systems, updated siding, and upgraded exterior stairs. Units fully renovated in 2019 with contemporary finishes, including updated kitchens and bathrooms, in-unit laundry, and 3 of four units with dishwashers. The property offers an attractive and efficient unit mix consisting of 3 one-bed units and 1 two-bed unit. The upper units each have 2 operable skylights and views of Downtown Seattle, the Olympics, and the Stadium. Each unit has its own private patio, providing desirable outdoor space rarely found in similar properties. Additional amenities include 4 off-street parking spaces. Notably, the property has demonstrated success as a short-term rental, with 1 of the one-bed units currently furnished and achieving stable income diversification. This presents a proven model for additional income generation across other units, while also offering flexibility for a future owner to pursue a mix of short-term and long-term rental strategies. With strong in-place operations, additional upside through the implementation of utility bill-backs, and a proven alternative short-term rental income strategy, the property offers investors both stability and future income growth potential.

1822 S King Street Unit #A-D, Seattle

Listing courtesy of Kidder Mathews.

$1,395,000

2553650 MLS ⋅ ACTIVE Status

Perched above street level in highly desirable Beacon Hill location, this updated 4,220 sqft. 4-plex offers a blend of scale, flexibility, and rental upside. Property features 6Br/5Ba across 4 spacious units on a 5,040 sqft. LR2 lot, with 4 uncovered alley-access parking spaces. Enjoy exceptional transit access—just 5 blocks from the Beacon Hill light rail station and approx. 10 blocks from newly opened East Link at Judkins Park—with easy connections to I-5, I-90, downtown Seattle, Bellevue, schools, parks, and neighborhood amenities. Unit 1 (first floor) spans approx. 1,400 sqft. offers a 1Br/1Ba layout with living room, kitchen & dining area. Unit 2 (main floor) also approx. 1,400 sqft. with 2Br/2Ba, including a primary ensuite, and a recently updated kitchen featuring S/S appliances, granite counters, handsome cabinetry, and direct access to the gated backyard. Unit 3 occupies the front portion of the upper floor, approx. 600 sqft. with 1Br/1a, a kitchen with dining space, and a generous living area. Unit 4, located at the rear of upper floor, approx. 800 sqft. with 2Br/1Ba, ample living room and dining, and a bright kitchen opening to a private deck for extended living space. Notable features include good ceiling heights throughout, LVP & hardwood floorings, 2 water heaters, coin-op washer & dryer, and extra storage. A rare opportunity to own a well-located multifamily asset with strong livability, transit convenience, excellent bike and walk scores, and future potential.

2021 15th Avenue S, Seattle

Listing courtesy of John L. Scott Des Moines.

$2,500,000

2544198 MLS ⋅ ACTIVE Status

Prime Columbia City LR3 (M) Site — Fully Rented Income Property Outstanding investment opportunity along the MLK transit corridor. This LR3 RC (M)-zoned property sits just blocks from the Columbia City Light Rail Station and is fully rented, providing immediate income while offering strong long-term redevelopment potential. The site features gentle topography, solid solar exposure, and frontage along a major arterial with full sidewalks and light rail transit access. 5 minutes walk Surrounded by single-family, townhome, and multifamily developments, this location supports a wide range of future residential uses. Perfect for investors seeking cash flow now with development upside later in one of Seattle’s fastest-growing urban villages.

5050 MARTIN LUTHER KING JR WAY S, Seattle

Listing courtesy of Skyline Properties, Inc..

$1,350,000

2545669 MLS ⋅ PENDING Status

Located in the desirable Phinney Ridge neighborhood, this well-maintained fourplex offers an exceptional investment opportunity. The property features four corner units, each with its own private entrance, providing added privacy and convenience for residents. Two spacious 2-bedroom units overlook Greenwood Avenue and enjoy generous decks, while the two 1-bedroom units are positioned along the alley side of the property. Each residence includes dedicated off-street parking accessed from the alley. Tenants also benefit from a shared laundry room and additional storage space. Ideally located near public transportation, neighborhood parks, local shops, and a wide variety of dining options.

6553 Greenwood Avenue N, Seattle

Listing courtesy of Real Residential.

$1,830,000

2540963 MLS ⋅ SOLD Status

Rare opportunity to own an exceptional 4-plex featuring beautifully renovated units, outstanding tenant appeal, and a highly desirable location. Each residence showcases unique character with soaring high ceilings, exposed interior brick, beautiful hardwood and tile flooring, maple cabinetry, and extensive upgrades to electrical and plumbing systems. The property has attracted high-quality long-term tenants and offers a quiet, well-maintained living environment with future rental upside.A truly rare offering for owner-occupants, the crown jewel is a spacious 1,960 sq. ft. 4-bedroom, 2-bath penthouse residence with breathtaking mountain and lake views—providing the comfort and privacy of a single-family home while benefiting from the income potential of a multi-family investment. A unique blend of architectural charm, quality craftsmanship, stable tenancy, and prime location makes this a one-of-a-kind investment opportunity.

403 30th Avenue, Seattle

Listing courtesy of Olympic View Realty. Selling Office: Windermere Real Estate Co..

$1,625,000

2538372 MLS ⋅ ACTIVE Status

Beautifully maintained four-unit building in an exceptional Ballard location. Just blocks from Ballard's vibrant shops, acclaimed restaurants, music venues, movie theater, and the popular Sunday Farmers Market, with easy access to everything this sought-after neighborhood has to offer. Thoughtfully updated with contemporary finishes and low-maintenance systems (effective year built: 1988), including double-pane windows throughout. The 1800sf west-facing unit features two bedrooms, two baths, huge bonus room/at home office/3rd non-conforming bedroom, all with an abundance of natural light. Three additional one-bedroom, one-bath residences offer generous living spaces and the convenience of in-unit laundry. Attractive interior finishes include hardwood floors, quartz countertops, shaker-style cabinetry, and updated plumbing and lighting fixtures. The property also features off-street parking, beautifully landscaped outdoor spaces ideal for entertaining, and substantial lower-level tenant storage and mechanical rooms. Strong rental history and excellent tenant retention provide stable income, while future value-add potential exists with seller-provided architectural plans for a possible fifth unit (buyer to verify feasibility). Excellent investment opportunity in one of Seattle's most desirable neighborhoods. Virtual staging.

6746 24th Avenue NW, Seattle

Listing courtesy of Lake & Company.

$1,900,000

2533245 MLS ⋅ ACTIVE Status

Located in the Miller Park neighborhood of Seattle, known for exceptional walking and biking scores, this property consists of a triplex + detached accessory dwelling unit (DADU). These well-built buildings were constructed in 2024. Units are equipped with full appliance packages that include refrigerator, oven, over range microwave, dishwasher, and full-size washer and dryer. Other amenities include wall mounted mini-splits that provide heating and cooling. Uniquely, the buildings have solar panels on the roof. All units in the triplex were newly leased in early 2026, and the DADU remains vacant for the possibility of an owner occupant. Two units in the triplex are designated Mandatory Housing Affordability units (MHA). These units have restricted rent based on MHA schedules and are also restricted to tenants that qualify under the program. The designation is permanent for these two units. The other two units can be rented at market rates or occupied by a new owner. Expenses are mostly estimated.

228 21st Avenue E, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,205,000

2529850 MLS ⋅ SOLD Status

Rare investment opportunity in South Lake Union with existing 4-Plex & mixed use zoning-ideal for owner/user! The property is one of the few remaining residential development parcels in the area, offering a myriad of investment options: retain rentals as residential/business/retail units & potentially add up to 3 townhomes on parking surface area; redevelop site w/ 6 townhome units or denser multifamily project & generate income from existing fourplex while awaiting permits. Vacant land next door also for sale separately: with the two parcels combined, offer even more development opportunities. Feasibility work completed! The area is transformed from a low-rise industrial district into one of Seattle’s most dynamic tech, biotech & research hubs. The locality now hosts some of WA's largest employers, including Amazon, Google, Meta, University of Washington Medicine, Fred Hutchinson Cancer Research Center, Seattle Cancer Care Alliance. It is a major center for life sciences and biotech, with state-of-the-art lab campuses. The district also attracts tech startups, venture capital firms, and professional service tech-sector companies. The neighborhood offers desirable work/life balance with a 99 walk score; Market Hall-SLU's neighborhood marketplace-is just a block away with specialty boutique shops, local dining and outdoor common deck. Nearby Transit & I-5 Mercer Street Interchange just a few blocks away. Five on-site parking spaces!

417 Minor Avenue N, Seattle

Listing courtesy of John L. Scott, Inc.. Selling Office: COMPASS.

$899,990

2526828 MLS ⋅ ACTIVE Status

In-city Seattle multifamily rental with strong demand and long-term potential in the highly desirable 98144 / North Beacon Hill area. This property offers dependable rental income, a convenient location, and a clear path to future value through market rent alignment and strategic improvements. With a proven history of long-term tenants and low vacancy, it’s the kind of asset investors look for today, with room to grow. Easy access to downtown Seattle and major commuter routes makes it a smart addition to any portfolio or an excellent first multifamily purchase. This property with solid bones and a beautiful location offers a great opportunity for buyers ready to add value. With a little work and vision, this property has the potential to shine and deliver long-term returns.

1312 15th Avenue S, Seattle

Listing courtesy of KW Greater Seattle.

$900,000

2524678 MLS ⋅ ACTIVE Status

Classic craftsman meets 4 plex and a 3 car garage! Income property or redevelopment property....you choose. 4 units of 500 sq ft . 1 bed 1bath. Zoned RSL(M) Turn-Key Investment with Excellent Cash Flow. 2 units STR and 2 LTR. This historic 1901 Craftsman offers a rare, turn-key opportunity for savvy investors in the heart of Seattle’s South Park neighborhood. Well maintained and boasting a strong tenant history, this property is designed for immediate cash flow and long-term value. : Approximately 2,600 sq. ft. of interior space across a well-designed 4-unit layout. Craftsman charm with convenient location, featuring wood exterior finishes and a durable composition roof. Ample Parking: Rare for the area, this property includes 6 total parking spaces (3 covered and 3 uncovered). Currently cash-flowing with an excellent track record of high occupancy. Corner Lot Appeal: The property sits on a 6,000 sq. ft. corner lot with alley access, offering extra privacy.

1056 S Sullivan Street, Seattle

Listing courtesy of Lake & Company.

$2,000,000

2521381 MLS ⋅ SOLD Status

The Considine Home is a rare 1904 neoclassical fourplex in Seattle’s Cherry Hill neighborhood, designated a Seattle landmark in 2021. The property was used as a convent for the nearby Immaculate Conception Church for over 50 years and remains one of the area’s most historically and architecturally significant surviving residences.The impressive facade features a full-height portico on Corinthian columns, a hipped roof with dormers, and ornate stained glass windows crafted by former owner John Perry. The largest east-facing unit offers 2 bedrooms and 2 bathrooms with expansive living/dining space, a former altar entry landing, spiral staircase, and skylit studio. The primary bedroom includes bay windows; the primary bath has a walk-in shower, and the secondary bath features a large soaking tub. The two 2nd-floor units each offer 2 bedrooms and 1 bath with strong natural light. The lower front unit features porch access, a parlor fireplace with original mantle, and elaborate coved ceilings. The attic includes a finished guest suite with a full bath, skylight, and storage with potential for expansion. The basement includes laundry, mechanical room, and storage. Original fir floors remain throughout. Main spaces are sun-filled with tall ceilings and preserved detail work. Situated on a prominent corner lot, the Considine Home offers landmark status, strong income potential, and rare architectural significance in a prime Seattle location, blocks from central Capitol Hill.

802 16th Avenue, Seattle

Listing courtesy of eXp Realty. Selling Office: eXp Realty.

$975,000

2519144 MLS ⋅ ACTIVE Status

First time on the market in 33 years, and it shows. This turnkey West Queen Anne fourplex has been quietly held under single ownership for over three decades and is ready for a new investor to step in and collect. Four one-bedroom units, hardwood floors throughout, dishwashers in every unit, and Unit 4 comes with its own in-unit washer and dryer. Large basement storage accessible to all tenants. Off-street parking and a fenced backyard round it out. Live in one and rent the rest, this is a classic owner-occupy setup in one of Seattle's strongest residential neighborhoods. Queen Anne continues to command premium rents, attract long-term tenants, and hold its value through every market cycle. Current rents are below market with a clear upside path to $6,980/month. Zoned LR3(M) with long-term redevelopment optionality and potential to convert existing space into additional units, a value-add angle that is increasingly rare to find in this submarket. Steps from Metro Route 2, the RapidRide D Line, Seattle Center, Climate Pledge Arena, Kerry Park, and some of the best dining and retail in the city. Median household income within one mile exceeds $151,000. Strong bones, great location, proven demand. Priced at $262,500 per unit — bring your buyers.

2258 14th Avenue W, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,299,000

2506572 MLS ⋅ ACTIVE Status

Turnkey four-unit investment opportunity in Seattle’s sought-after Ravenna neighborhood, offering strong in-place income, tenant appeal, and future redevelopment upside. This rare “Rambler style” features four corner units with identical floor plans in a single-level building, creating efficient management, broad rental appeal, and long-term flexibility. Located on a quiet residential street with easy access to the University of Washington, downtown Seattle, Ballard, and I-5, this property sits in one of North Seattle’s most desirable rental corridors. Three units feature brand-new kitchens and bathrooms, while restored original wood floors and added LVP flooring enhance durability and appeal. Each unit includes a private garden entry, with shared laundry and 4+ parking spaces, adding convenience for tenants. Set on a 4,460 SF lot with L3(M) zoning and upzoned potential for additional units, this asset offers both immediate income and future upside. Preferred lender financing on the investment, not your W-2's - 25% down 5/6 ARM interest only giving you $757/mo positive cashflow - naturally subject to change based on rates.

2110 NE 85th Street, Seattle

Listing courtesy of Bentley Properties.

$1,585,000

2517241 MLS ⋅ ACTIVE Status

Opportunity for Development in Prime Leschi Location Rare 8,000 sq. ft. double lot in the highly sought-after Leschi neighborhood, offering partial views of Lake Washington. Exceptional opportunity for investors, builders, or developers seeking strong land value and future upside. Property is zoned LR1, presenting potential for redevelopment or reconfiguration (Buyer to verify). Existing 1901 Victorian structure has been converted into four residential units, providing interim income while planning your project. Value is primarily in the land and development potential. Owner occupies one unit—subject to landlord/tenant laws. Do not disturb tenants or access property without an appointment. Possible seller financing. Buyer to verify all information to their own satisfaction.

3004 E Yesler Way, Seattle

Listing courtesy of KR Brokers.

$1,749,500

2516840 MLS ⋅ ACTIVE Status

4-Unit Investment Opportunity | 3.5 Assumable VA Loan @3.5% | Perfect Owner-Occupant / House Hack | Beacon Hill Views | Exceptional opportunity to own a well-located 4-unit property on North Beacon Hill with sweeping Sound, city, and mountain views. This classic 1900-built building offers character, flexibility, and strong appeal for investors, owner-occupants, and potential short-term rental use. Unit mix includes a 3-bedroom view penthouse, 2-bedroom unit, studio, 1-bedroom garden unit, plus a non-conforming caretaker unit. With units coming available, this is a prime opportunity for an owner-user to step in while maintaining rental income. The top unit also benefits from solar offset for electric use. Located on a quiet street near light rail, Downtown Seattle, SODO, and major commuter routes. A standout North Beacon Hill asset with income, views, flexible living options, and long-term upside. Ideal for house hacking, multi-generational living, or long-term investment.

1745 12th Avenue S Unit #1 - 4, Seattle

Listing courtesy of Keller Williams Downtown Sea.

$1,425,000

2503402 MLS ⋅ ACTIVE Status

Well positioned in Seattle’s premier North Capitol Hill neighborhood at the corner of 15th Ave E and E Galer St, this fourplex offers an exceptional investment opportunity directly across from iconic Volunteer Park, renowned for its Olmsted-designed landscape. The property benefits from a highly walkable, transit-oriented location with convenient access to South Lake Union, Downtown Seattle, and the Eastside, making it especially attractive to tenants seeking both connectivity and neighborhood charm. The building features classic mid-century architecture and a preferable unit mix comprised of three one-bedroom units and one two-bedroom unit, appealing to a broad renter base. Residents enjoy desirable amenities including four off-street parking spaces, on-site laundry, dedicated storage, and updated dual-pane windows that enhance comfort and efficiency. In addition to its stable and profitable current operations and income upside, the property presents a compelling redevelopment opportunity. Situated on a 4,640 square foot LR3-zoned parcel, the site offers significant upside potential for future townhome development, allowing investors to capitalize on the area’s continued growth and demand. This is a unique opportunity to acquire a well-located, income-producing asset with immediate stability, income upside, and long-term development potential in one of Seattle’s desirable neighborhoods.

1505 E Galer Street Unit #1-4, Seattle

Listing courtesy of Kidder Mathews.

$1,250,000

2487162 MLS ⋅ SOLD Status

Four plex in exceptional condition in a great location. Sits above the street so all units receive lots of light through huge windows. Exterior is hardy plank, repainted in 2024. Roof replaced in 2015. Interior carpets in common areas new in 2025. Each unit has a washer and dryer, washers are electric, dryers gas. Each unit is 827sqft, two bed/two bath, one with tub, one with shower. Concrete stairs to second floor and exterior replaced in 2021. Gas water heaters replaced 2020. Units have gas stove, electric ovens. Each unit has covered parking and storage unit. Two units completely redone recently, one is vacant for ease of showing. Nice outside area for tenants. Engineered wood, vinyl and carpeting throughout. Owner has taken extraordinary care of this property for 20 years, and now it is your turn! Hurry....

9741 Woodlawn Avenue N, Seattle

Listing courtesy of Coldwell Banker Danforth. Selling Office: Horizon Real Estate.

$1,550,000

2489922 MLS ⋅ SOLD Status

Discover the perfect investment opportunity with this meticulously and tastefully renovated mid-century Magnolia 4-plex. Every aesthetic and mechanical detail has been thoughtfully addressed, ensuring lasting quality and pride of ownership for years to come. Stylish units feature modern kitchens with stainless steel appliances, slab countertops, and solid wood designer cabinets, along with skylights, custom tiled showers with granite accents, and private decks or patios. Off-street parking for 8 vehicles, this property is as practical as it is appealing. Conveniently located near Magnolia’s amenities, Ballard, S. Lake Union, and downtown Seattle, this income-generating property sits on a 6,000 sq. ft. LR1-zoned lot. Don't miss out!

3021 21st Avenue W, Seattle

Listing courtesy of COMPASS. Selling Office: Coldwell Banker Danforth.

$810,000

2489342 MLS ⋅ SOLD Status

4 unit midcentury apartment complex, waiting for new upgrades located in the Delridge neighborhood, close to bus lines, West Bridge, Alki and the Alaska Junction.

4200 30th Avenue SW, Seattle

Listing courtesy of Windermere West Metro. Selling Office: The Agency Seattle.

$1,700,000

2486103 MLS ⋅ SOLD Status

7312 47th Avenue SW, Seattle

Listing courtesy of Windermere Real Estate/East. Selling Office: eXp Realty.

$1,699,000

2476650 MLS ⋅ SOLD Status

Located in the absolute heart of Capitol Hill, this historic fourplex is available for the first time in 25 years. Perched on a 5,400 square foot lot zoned LR1 (M) fronting East Harrison with an alley down the east side, enjoy the current building with potential to add more units on the ample rear yard. One current Airbnb unit would allow for easy owner occupancy in the near term, longer term leases on the other units. Meticulously maintained, pride of ownership throughout.

1808 E Harrison Street, Seattle

Listing courtesy of Momentum Venture Partners LLC. Selling Office: eXp Realty.

$1,499,995

2428505 MLS ⋅ ACTIVE Status

Classic Fremont Fourplex – A charming, rock-solid century-old brick apartment building featuring four oversized 1-bedroom units, each with its own private entrance. Units include spacious living and dining rooms, updated kitchens with dishwashers, fireplaces, hardwood floors, and timeless old-world character. The top-floor units boast enclosed patios with territorial views. The property includes a massive full basement with abundant storage, coin-operated laundry, and new forced-air gas furnaces. Situated on a desirable corner lot with alley access, it also offers off-street parking. All four units are currently leased, providing immediate income stability.

914 N 40th Street, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,550,000

2436291 MLS ⋅ SOLD Status

Central Park Apartments – A newly remodeled, early 20th-century brick building in the vibrant Capitol Hill neighborhood. This sophisticated 4-unit property offers (2) 1-bedroom and (2) 2-bedroom apartments, each with private entrances. The charming exterior and tasteful interior boast refined lighting fixtures, cabinetry and flooring creating a serene retreat from the modern world. All units feature upgraded appliances, fireplaces, and in-unit laundry. Plumbing and electrical has been upgraded. Ideally located just blocks from light rail, public transit, and I-5, with shops and amenities nearby. A perfect blend of historic charm and contemporary comfort.

530 12th Avenue E, Seattle

Listing courtesy of Keller Williams Eastside. Selling Office: Realogics Sotheby's Int'l Rlty.

$935,000

2435077 MLS ⋅ SOLD Status

Great value with this 4 plex in a nice and convenient area. Three 1 bedroom units and one 2 bedroom unit. One unit is vacant, great for owner-occupied or new owner can lease out. The apartment building has been lovingly taken care of for many years (owners lived in the 2 bedroom unit). Storage units, washer and dryer in basement (2 bedroom unit has it's own washer and dryer). All new gutters installed and exterior paint. Nice (newer) fenced outdoor area too. Ample parking in front of the building and in front of the basement. Very favorable commercial zoning for many options. Great starter investment with 6% CAP Rate, or ideal for owner-occupied.

1634 SW 114th Street, Seattle

Listing courtesy of Home Realty. Selling Office: Windermere Real Estate Midtown.

$1,125,000

2422995 MLS ⋅ SOLD Status

1916 N 44th Street, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Lake & Company.

$1,900,000

2415687 MLS ⋅ SOLD Status

Discover Harrison Modern, a captivating 4-plex located in the heart of Capitol Hill. Owned by just two owners in its history, this mid-century gem sits on a corner lot, showcasing a distinctive, layered design that’s balanced by a simple yet elegant façade. Each of the units have been updated and enjoy separate entrances for enhanced privacy, balconies that seamlessly integrate indoor and outdoor living spaces, plus 10 off-street parking stalls to share. Conveniently located just 0.3 miles from LINK light rail and sitting minutes from Seattle U, the Pike/Pine corridor, plus the vibrant shops, restaurants, and eateries along Broadway, Harrison Modern is an incredible investment opportunity in one of the city's most coveted neighborhoods.

1111 E Harrison Street, Seattle

Listing courtesy of Windermere Real Estate Midtown. Selling Office: eXp Realty.

$1,832,000

2413741 MLS ⋅ SOLD Status

Located in the heart of Ballard, this exceptional townhouse asset offers a rare opportunity to own a remodeled investment property. Built in 1989 and completely renovated, this four-unit building is situated in one of Seattle's most desirable neighborhoods. Each townhouse-style unit is designed for modern living with two large bedrooms and a full bathroom upstairs, complemented by a half bath and open kitchen/living areas downstairs. All units feature condo-quality finishes, including stainless steel appliances, cherry wood cabinetry, in-unit washer/dryer and a private patio with a fenced yard. This property is a high-quality investment offered below replacement cost, perfect for investors seeking immediate income and long-term value.

1727 NW 61st Street, Seattle

Listing courtesy of Capstone Commercial. Selling Office: eXp Realty.

$3,295,000

2392952 MLS ⋅ SOLD Status

This wonderful 4 Plex has always been owner occupied. Only 2 owners. Very well loved & maintained. Three units have been totally renovated and one given a modest update. Long term tenants, zero vacancy rate. Lower unit has beautiful Brazilian walnut floors, open concept with L shaped living room allowing for library TV corner. European bi-folding doors open to beach side patio. Guest 1/2 bath off library area. Unit 2 is level entry with 2 bedrooms, one with double sliding doors that open to living room for the water view, remodeled kitchen that looks over the dining area to the water view. Unit 3 & Unit 4 have the same amazing floor plan. Open concept living space with large living room, good size dining area, kitchens with lots of working space and a walk in pantry/laundry room off the kitchen. Living room, kitchen and dining all have over 180' views of Puget Sound and the Olympic Mountains. Units 3&4 have 3 bedrooms, 2 baths & a sauna. Top 3 units have nice decks over looking the Sound. Waterfront fourplex owner occupied gets standard loan rates and other great considerations. Current tenants are on month to month. Please do not disturb. We have original plans. On the quiet side of Alki area Beach Dr is an amazing community. Location is minutes to downtown Seattle as well as West Seattle Junction. Check our WS's amazing parks, restaurants, shops and coffee shops. West Seattle is like a small town located very close to the heart of city of Seattle.

4131 Beach Drive SW, Seattle

Listing courtesy of RSVP Brokers ERA. Selling Office: Windermere RE West Campus Inc.

$1,100,000

2405506 MLS ⋅ SOLD Status

This fourplex, built in 1956 has all 1 BR 1BA units averaging 566SF. Currently 100% vacant, there is an the opportunity to immediately lease-up at market rents or renovate the units to achieve even higher income potential. The property has received system updates including roof (2008), vinyl windows, and copper/PEX plumbing. A large common area with laundry and storage, connected to the garage, offers a potential opportunity to add two more units (buyer to verify). The adjacent parcel with a duplex is also available, for a total of six units and 8,800 LSF zoned MIO-37-LR3 RC (M). This opportunity is ideal for an owner-occupant or investors seeking a well-located property with long-term upside.

3469 6th Avenue W, Seattle

Listing courtesy of Lee & Associates Commercial RE. Selling Office: Berkshire Hathaway HS NW.

$1,100,000

2402501 MLS ⋅ SOLD Status

Desirable West Seattle 4-plex offering a mix of 2 spacious 2 bd /2 ba and 2 cozy 1 bd /1 ba units all on one level. All currently occupied. This property is fully fenced providing security and privacy and has 4 off street parking spots. The interiors are neat and spacious, with 3 of 4 units already cosmetically renovated. Also a spacious onsite Laundry and new security system. Located in thriving West Seattle renowned for its vibrant community, excellent amenities, and scenic beauty. Property values in West Seattle are expected to rise, driven by its appealing location, community investment projects, and the overall increase in demand for housing in this sought-after area. This is a wise investment today and a valuable asset for the future.

7343 35th SW, Seattle

Listing courtesy of Heaton Dainard, LLC. Selling Office: 360 Pacific.

$1,900,000

2398106 MLS ⋅ SOLD Status

Incredible investment opportunity in a prime Alki Beach location! This well-maintained 4-plex offers four spacious units, each featuring 2 bedrooms and 2 bathrooms. Bright and inviting, each unit includes a cozy fireplace, large windows that flood the space with natural light, and a private deck—perfect for taking in the fresh sea air. Tenants will love the sweeping views of Puget Sound and the Olympic Mountains. A rare bonus is the 7-car garage, offering ample parking and storage, divided among tenants. Just steps from the beach, dining, shops, and transit, this is a standout property in one of Seattle’s most desirable coastal neighborhoods. A must-see for any investor!

5310 SW College Street, Seattle

Listing courtesy of John L. Scott, Inc. Selling Office: John L. Scott, Inc.

$1,950,000

2398247 MLS ⋅ SOLD Status

Discover an exceptional investment opportunity on a stately, tree-lined street in highly coveted Madison Park. This unique classic five-unit property offers the quintessential blend of old-world charm and long-term investment appeal, just blocks from Broadmoor Golf Course, Seattle Tennis Club, the Japanese Garden, upscale shopping, and Lake Washington access. This offering provides significant value-add potential and the unique opportunity for an owner to occupy the charming cottage while generating substantial income from the other units.

633 33rd Avenue E, Seattle

Listing courtesy of Westlake Associates, Inc.. Selling Office: ZNonMember-Office-MLS.

$2,025,000

2393647 MLS ⋅ SOLD Status

Imagine living on the top floor, waking up every day to stunning views, while the other units in the building generate steady rental income. Whether you're an owner-occupant looking to offset your mortgage or an investor seeking a prime opportunity, this setup offers the best of both worlds—luxury living and smart financial returns. Unit #1 has 3 bed, 2 bath + 1,402 sqft, operating as a thriving Airbnb with high occupancy and top-rated guest reviews. Unit #2 offers 2 bed, 1 bath + 1,232 square feet. Units #3 & #4 are each 1 bed, 1 bath + 609 sqft. Each unit has one covered parking spot. Enjoy unmatched city & water views in this prime location. Don't miss this rare opportunity to own a premier multi-family property in the heart of Seattle!

2010 Waverly Place N, Seattle

Listing courtesy of Windermere Real Estate/East. Selling Office: ZNonMember-Office-MLS.

$1,513,000

2393376 MLS ⋅ SOLD Status

Very clean & well-maintained Mid-Century Modern 4-plex on Magnolia. Both upper units are 2 bedrooms, 2 bath with vaulted ceilings, fireplace, dining area and large deck with territorial views. Lower 2-bedroom unit has new flooring, kitchen and bath with large outdoor patio. Lower back unit is a large one bedroom with outside sitting area. Building has a large laundry room with coin-op washer/dryer and 4 storage units. 5 parking spaces, 3 covered, 2 uncovered. Easy access, 1 block to bus line.

3421 23rd Avenue W, Seattle

Listing courtesy of L. Dankers Real Estate Group. Selling Office: eXp Realty.

$980,000

2381574 MLS ⋅ SOLD Status

Must See!! Well Maintained 4 Plex with Spacious Units. Great investment opportunity with Two 2 bedroom units and Two 1 bedroom units. Long time owner has kept the rents low, tons of potential to increase rents and create additional cash flow. Huge 11,326 sq ft lot with possibilities for more units in the backyard. Nice new driveway up to the building, property sits nicely above the street for additional privacy and separation from the road. Two of the units have a private decks and nice backyard spaces. Washer and Dyers in each unit, storage spaces available for tenants, plenty of parking with 6 Covered Carports, 100% leased. Conveniently located close to Seatac airport, freeways, and downtown Seattle

10725 Myers Way S, Seattle

Listing courtesy of John L. Scott, Inc. Selling Office: KW Greater Seattle.

$1,165,000

2371423 MLS ⋅ SOLD Status

Great Seattle 4-Plex opportunity with a tremendous upside. Two 2-bd, 1-bath flats and two 2-bed, 1.5bath two floor units and a shared laundry room for the building. Current tenants are awesome. All but one has been with us long term. Seller is providing a Pre-List inspection for buyer to review...Seller to make no repairs. Property priced to reflect needed repairs and cosmetic maintenance. The identical property next door SOLD on a seller contract for $1.94M and the rent for the units are $2000/month for the smaller units and more for the two level units. Again, this property has a great upside. We have included a neighborhood map showing that the area is in progression with lots of new homes/condos being built. DO NOT DISTURB TENANTS...

8519 23rd Avenue NE, Seattle

Listing courtesy of Realty ONE Group Orca Gold. Selling Office: Pellego, Inc..

$1,025,000

2365647 MLS ⋅ SOLD Status

Beautifully maintained 4-plex in West Seattle's Highland Park neighborhood. Each unit has 2 bedrooms and 1 bathroom with off-street parking and a storage locker. Upper units have a deck, and lower units have a patio and small fenced in yard. Off-street parking for 8 cars when using as tandem parking. Originally built in 1969 but with extensive upgrades effective year built is 1992 per King County Records. Additional basement storage available for each unit plus coin operated washer and dryer. BONUS- Spacious office / workshop in the basement with a 3/4 bathroom. Great investment opportunity or live in one of the units and finance with FHA / VA. Located in one of Seattle's fastest growing neighborhoods. Walk Score 88 = Very Walkable

1414 SW Cambridge Street Unit #1-4, Seattle

Listing courtesy of Coldwell Banker Danforth. Selling Office: Real Broker LLC.

$1,365,000

2344856 MLS ⋅ SOLD Status

Excellent investment opportunity located on a quiet, dead-end street near Alaska & Morgan Junction amenities, Fairmount Park, & w/easy access to the West Seattle bridge. This well-maintained 4-plex includes 2 bed, 1 bath end-units approx 820 SF, all w/good natural light, functional layouts, a small deck or yard, & in-unit W/D. Enjoy solid income w/the ability to improve operations, renovate on turnover, or potential to owner-occupy. Find an attached 2-car garage & sizable storage areas + an additional 6-8~ tandem parking off the alley. The 6,545 SF street-to-alley LR2(M) lot provides future development potential. Recent improvements include exterior paint & reglazing 36 windows. This is a flexible asset w/ multiple investment strategies.

5221 38th Avenue SW, Seattle

Listing courtesy of Windermere Real Estate Co.. Selling Office: KW Mountains to Sound Realty.

$1,390,000

2360499 MLS ⋅ SOLD Status

Charming turn-of-the-century 4-plex craftsman comes with an annual income of $119,980 priced with a cap rate of 6.4%. Financeable as a residential property, the sophisticated San Francisco-style building features low vacancy, set high off the street located on a sunny corner lot near PCC and steps from the Pike/Pine corridor for flexible living. From the classic architecture to original hardwood floors, towering ceilings, leaded glass windows and beadboard accents, each apartment home is unique and incredibly private with the option to porch sit, garden and connect with neighbors. The well-maintained building features updated plumbing and electrical, separate addresses and utilities, and a shared basement with laundry and bike/gear storage.

949 24th Avenue, Seattle

Listing courtesy of Windermere Real Estate Co.. Selling Office: Urban Living.

$950,000

2359397 MLS ⋅ SOLD Status

Located in a highly desirable neighborhood. The existing two-story building features three 1-bedroom units and one 2-bedroom unit, along with a backyard and a garage. All units are currently leased, though average market rents in the area are approximately 30% higher, offering strong potential for increased income. A rapid transit stop is situated directly in front of the property, providing quick and easy access to both downtown Seattle and Sea-Tac Airport. A Master Use Permit has already been obtained, and the flexible NC2-P55 zoning opens the door for redevelopment opportunities—whether for commercial, residential, or mixed-use purposes.

6743 15th Avenue NW, Seattle

Listing courtesy of Sea to Sky Realty. Selling Office: Sea to Sky Realty.

$1,005,000

2357955 MLS ⋅ SOLD Status

A GREAT OPPORTUNITY AWAITS YOU WITH THIS OUTSTANDING PROPERTY! The Historic Faust-Dahlstrom House in hip and happening Georgetown is available for the first time in many years. This 4-UNIT PROPERTY (TRIPLEX + COTTAGE) situated on an 8000 SQFT LOT has the POTENTIAL TO BUILD ANOTHER DADU for even more income, and it may be possible to put more than one additional DADU on this lot (Buyer to verify). Cap rate is currently 5.7% These units have been updated, yet retain their historic charm. BELOW MARKET RENTS MORE THAN COVER MORTGAGE AND EXPENSES WITH 25% DOWN! Call helpful Listing Broker for full information on this excellent property.

6247 Flora Avenue S, Seattle

Listing courtesy of Windermere Mercer Island. Selling Office: Windermere Real Estate Co..

$920,000

2341254 MLS ⋅ SOLD Status

Great investment opportunity with this 4 unit building in Greenwood. The property is zoned LR3. The neighboring property is 14 units on the same sized lot with the same zoning. Lots of potential here. There are three 2br 1 bath units and one studio. Easy to rent location in Greenwood. There are 3 covered parking spaces in the carport, and plenty of off street parking. Most of the units have washers and dryers in their units. Rents are well below market and represent an opportunity to increase cash flow.

220 N 110th Street, Seattle

Listing courtesy of Coldwell Banker Danforth. Selling Office: Coldwell Banker Danforth.

$1,260,000

2333904 MLS ⋅ SOLD Status

Remodeled in 2014, this property offers modern aesthetics featuring low maintenance laminate floors, shaker cabinets, quartz countertops and stainless steel appliances in all kitchens. The bathrooms have also been tastefully updated ensuring a contemporary style. Plumbing and wiring replaced as well as a new roof on 2017. Parking in the carport for 2 larger or 3 smaller cars, one on each end partially covered and 4 tandem spots behind each car. convenient location with easy access to freeways and the new light rail station ensuring a quick commute. Units were all just refreshed and ready for new tenants.

3017 NE 140th Street, Seattle

Listing courtesy of eXp Realty. Selling Office: Designed Realty.

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