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Browse All 54 - 4-Plex Style Properties for Sale

4206 Dayton Avenue N, Seattle
$2,250,000
2590619 MLS ⋅ ACTIVE Status
One of Upper Fremont's few grandfathered multi-units on a quiet residential street, this extraordinary 4-unit property stands in a category of its own. A $625,000 full gut renovation has produced something the market simply cannot replicate. Nothing comparable exists. Six bedrooms & four baths total across two 2-bed/1-bath units rebuilt to the studs with all new electrical, HVAC, A/C, gas lines, LVP floors, quartz counters, custom cabinetry, double vanities & custom tile showers. Two studios with all new baths, electric heat, cabinetry & quartz counters. Every unit has in-unit laundry washer & dryer, a separate electric meter & new window blinds. The main top floor unit is a true showpiece. A dramatic two-story entry with custom metal railings, refinished hardwood floors & a statement chandelier sets the tone immediately. The chef's kitchen is anchored by custom cabinetry, quartz counters & a gas range, all framed by a thoughtfully realigned window capturing breathtaking Mt. Rainier & downtown Seattle views. The exterior is equally impressive with new Hardie board siding, a new roof, all new windows, fresh landscaping, a fenced yard, updated masonry steps & hard-wired Ring security cameras. Four off-street parking spaces & a 10x10 storage shed complete the package. Quality product. Quality tenants. Nothing left to do. Steps to the best of Fremont's restaurants, bars, shops & coffee

4206 Dayton Avenue N, Seattle

Listing Broker: Coldwell Banker Bain; Christopher Sudore; 425-519-3345; Chris@KingCountyEstates.com

1316 12th Avenue S, Seattle
$1,000,000
2587263 MLS ⋅ ACTIVE Status
Exceptional investment and house-hacking opportunity in desirable North Beacon Hill! This four-unit multifamily property offers approximately 3,390 square feet of living space on a generous, level 6,000-square-foot lot directly across from a city park. Live in one residence while renting the other three to generate income and help offset your mortgage, or lease all four units as a dedicated investment. An appealing opportunity for owner-occupants and investors alike, this versatile fourplex offers multiple income streams and long-term potential. Features include parking for four vehicles, shared laundry facilities, and additional storage, adding convenience for residents and rental appeal. The level lot and reported LR3 zoning may offer possibilities for future redevelopment or expansion, subject to city approval and buyer verification. Enjoy a central location with convenient access to downtown Seattle, the International District, neighborhood restaurants, shopping, parks, and major transportation corridors, including I-5 and I-90. Directly across from a city park, the property combines an established residential setting with excellent urban connectivity. Whether you envision living on-site while building equity, expanding your rental portfolio, or pursuing a value-add strategy, this North Beacon Hill property delivers flexibility, location, & the opportunity to create lasting value in Seattle's urban core. A rare chance to pair your own home with three rental income units.

1316 12th Avenue S, Seattle

Listing Broker: Real Broker LLC; Chris Bierrum; 206-251-9002; chris.bierrum@gmail.com

1953 10th Avenue W, Seattle
$1,495,000
2585477 MLS ⋅ ACTIVE Status
We are pleased to present the 10th Ave W Fourplex in Seattle’s Queen Anne neighborhood. This offering presents a rare combination of immediate usability, flexible investment strategies, and future upside. Delivered vacant, the property is well suited for an owner occupant seeking to move in immediately while renovating or repositioning the remaining units over time. The property may also appeal to townhome developers evaluating the LR1 (M) zoning and 7,200 square foot lot for future redevelopment potential, subject to buyer verification. It features four individually metered residences with a unique mix of updated interiors, double pane windows offering sweeping views, and in unit washer and dryers. The units include hardwood flooring, stainless steel and white appliances, dishwashers, updated cabinetry, private deck access, and walk-in closet space. Recent improvements include a replacement water heater system completed in 2023 and electrical upgrades completed in conjunction with the water heater installation. The building also includes basement storage, seven parking spaces, and two garage spaces. With a blend of existing improvements and additional upside through continued interior modernization and operational review, the property presents investors with the opportunity to acquire a well located small multifamily asset in one of Seattle’s most established rental neighborhoods

1953 10th Avenue W, Seattle

Listing Broker: Lee & Associates Commercial RE; Dea Sumantri; 206-773-2680; dsumantri@lee-associates.com

1822 S King Street Unit #A-D, Seattle
$1,150,000
2583142 MLS ⋅ PENDING 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 Broker: Kidder Mathews; Dan Swanson; 425-444-6501; dan.swanson@kidder.com

1 Dravus Street, Seattle
$995,000
2582564 MLS ⋅ ACTIVE Status
The Dravus Fourplex consists of four thoughtfully configured units, including two studios, a 2BD/1BTH unit, and a 1BD/1BTH unit with a den. Each unit features in-unit W/D, vinyl plank flooring, and updated appliances. Select units have received more extensive renovations, including gray shaker cabinetry, quartz-style countertops, modern fixtures, and other contemporary finishes, while the remaining units have been updated over time as needed and maintained in good condition. The property is exceptionally well located, with Fremont just a five-minute walk across the Fremont Bridge, providing immediate access to the neighborhood’s restaurants, bars, retail, and entertainment. Opportunities to acquire a renovated and well-positioned fourplex in Queen Anne are increasingly rare. With the building’s major systems addressed, a new roof, renovated interiors, and strong proximity to Fremont and Queen Anne, the Dravus Fourplex offers an attractive combination of current income and future upside. Unit 3 has recently become vacant, creating an excellent owner-user opportunity for a buyer looking to occupy one unit while benefiting from rental income from the remaining three. The property is already operating well, while additional upside exists through the potential to implement utility bill-backs, providing a clear path to further increase income and improve overall operating performance.

1 Dravus Street, Seattle

Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com

6635 Carleton Avenue S, Seattle
$1,379,000
2542292 MLS ⋅ ACTIVE Status
Turnkey Georgetown Multifamily Investment with Immediate Income & Upside Excellent opportunity to acquire a stabilized, income-producing four-unit property in the heart of Georgetown. The property consists of one non-conforming studio, two 1-bedroom/1-bathroom units, and one 2-bedroom/1-bathroom unit. All units were renovated approximately five years ago with updated kitchens, hard-surface flooring, modern fixtures, and refreshed finishes, minimizing near-term capital improvement needs. The property has been carefully maintained and provides investors with immediate cash flow plus additional value-add potential. Investment Highlights: * Purchase Price: $1,379,000 * Gross Annual Income: $90,000 * Annual Expenses: $21,204 * NOI: $68,796 * Cap Rate: 5%. Increase the rent and change this to 7.5% * Renovated and well-maintained units * Upside potential through future rent increases * Additional potential income from storage * Seller concession available through CMG Home Loans, subject to lender terms and buyer qualification, Diane Haag, 425-444-8484. With a nearly 5% cap rate, renovated units, and identifiable opportunities to increase revenue, this property offers investors an attractive combination of current cash flow, limited near-term capital needs, and long-term appreciation potential in Seattle’s Georgetown neighborhood.

6635 Carleton Avenue S, Seattle

Listing Broker: Skyline Properties, Inc.; Amir Rashidi; 206-498-2290; amir@gotobuysell.com

2021 15th Avenue S, Seattle
$1,295,000
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 Broker: John L. Scott Des Moines; Paul Lau; 206-852-5288; paullau@johnlscott.com

417 Minor Avenue N, Seattle
$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 Broker: John L. Scott, Inc.; Jeanie Van Amen; ; Selling Office: COMPASS.

802 16th Avenue, Seattle
$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 Broker: eXp Realty; Morr Solomon; ; Selling Office: eXp Realty.

1505 E Galer Street Unit #1-4, Seattle
$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 Broker: Kidder Mathews; Dan Swanson; 425-444-6501; dan.swanson@kidder.com

4131 Beach Drive SW, Seattle
$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 Broker: RSVP Brokers ERA; Susan Shelland; ; Selling Office: Windermere RE West Campus Inc.

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