WA MULTI FAMILY HOMES FOR SALE | MULTI FAMILY REAL ESTATE IN WA STATE

Opportunity to own a home with an ADU on one parcel. The main home offers 1 bedroom plus a versatile bonus room, a full bathroom, laminate flooring throughout and an updated kitchen and bath, with flexible living space. A 300+/- sq. ft unfinished basement adds excellent potential for additional finished sq. footage, storage, or a future rec room. The detached studio ADU (approx. 300 sq. ft) is perfect for rental income, multi-generational living, or a private guest suite, featuring a 3/4 bath with shower, fridge, and stove/oven, plus its own deck for outdoor enjoyment. Plenty of off-street parking for both units. Don't miss this income-producing, flexible-use property!

2533 E 3rd Street, Port Orchard

Listing courtesy of Great Northwest Real Estate.

$865,000

2567062 MLS ⋅ ACTIVE Status

Exceptional opportunity to own a turnkey duplex in a desirable Everson neighborhood. Built in 2024, this quality investment features two spacious units, each offering 3 bedrooms, 2.5 bathrooms, an attached two-car garage, a private fenced backyard, and 1,497 square feet of thoughtfully designed living space. Bright, open floor plans showcase vaulted ceilings, quartz countertops, shaker cabinetry, stainless steel appliances, durable luxury vinyl plank flooring, mini-split heating and cooling, and modern finishes throughout. Built two feet above the 100-year flood elevation, no flood insurance is required. Great chance to get into the multi-family market or expand your portfolio!

517 Colton Lane, Everson

Listing courtesy of COMPASS.

$284,900

2560533 MLS ⋅ ACTIVE Status

Two homes on one lot! Longterm rental history. Both are single story homes. Front is 2 bed, 1 bath, large living room, kitchen with dinette area and washer/dryer hookups. Fresh paint, newer flooring and updated bath. Both have free standing gas stoves. Back is a 1 bed/1 bath home featuring open concept. Gross rent of $2673/mn. 1 car carport and 1 off street spot from alley. Covered patio between homes with a partially fenced side yard. All utilities are included in the rent. New roof installed in 2024 on both homes.

1317 W Market Street, Aberdeen

Listing courtesy of First Harbor Real Estate, Inc..

$457,000

2566809 MLS ⋅ ACTIVE Status

Move-In Ready Grandview Historic District Duplex — Strong Rental Upside4-bed/2-bath duplex (2-unit) in Wenatchee's Grandview Historic District, freshly painted and updated. Vacated ahead of sale for renovation access — now move-in ready for immediate occupancy or lease-up. Both units have in-unit washer/dryer.Most recently rented for $2,100/mo (upper) and $1,600/mo (lower) — $44,400/year gross, roughly a 7.6% cap rate at asking price.Lower unit is fully furnished and equipped, turnkey and ready for a renter or occupant from day one.Backyard is fully enclosed with underground irrigation — low-upkeep outdoor space.Short distance to downtown and Chase Park. Financials available upon request.

619 King Street, Wenatchee

Listing courtesy of William E. Johnson.

$975,000

2566778 MLS ⋅ ACTIVE Status

Turnkey 4-plex Investment in Seattle. Features 4 spacious units w/functional layouts. 3 units w/2 bed, 1 full bath and 1 unit w/1 bed, 1 full bath. Recently remodeled units including, kitchens, bathrooms, windows, doors, floors, SS appliances and hot water heaters. Newer roof, recently painted exterior, interior and updated plumbing. Dedicated parking spots for each unit + visitor parking. Remodeled coin operated laundry room brings in additional income. The building's thoughtful layout ensures plenty of natural light. Quiet neighborhood offers accessibility to everything in the city. A short walk to Duwamish River Waterfront Park, residents enjoy scenic river views & walking trails. Walk to popular restaurants, providing easy access to dining & entertainment. Near Alki Beach, DT Seattle, Tech companies, Costco, SeaTac Airport, HWY 99, I-5, Boeing, shopping malls, restaurants, parks, schools and light rail. A solid Cash-flowing property for Investors, owner-occupied buyer, VA or a 1031 exchange.

701 S Kenyon St, Seattle

Listing courtesy of Skyline Properties, Inc..

$550,000

2565941 MLS ⋅ ACTIVE Status

Turn-key duplex investment opportunity featuring two fully occupied income-producing units with stable, long-term tenants in good standing. Located just minutes from Naval Base Kitsap, Puget Sound Naval Shipyard, local shopping, and the Bremerton Ferry terminal for seamless Seattle commuting, this property offers immediate cash flow with significant recent improvements. Unit 1911 offers 768 square feet with 3 bedrooms and 1 bath, while Unit 1913 provides 1,250 square feet with 4 bedrooms and 1.75 baths, with carport and storage. Extensive updates completed within the last year minimize near-term maintenance requirements, including a full roof replacement with new sub-roof plywood and ventilation (Feb 2026), full exterior painting (Oct 2025), and a comprehensive interior overhaul of Unit 1913 (June 2026) featuring 100% replacement of both bathrooms, an 18-inch ceiling lift in the primary bath, a brand-new water heater, and fresh drywall, paint, and carpeting in the hallway. A clean, low-friction asset positioned in a high-demand rental corridor.

1911 Sheridan Road, Bremerton

Listing courtesy of Keller Williams Greater 360.

$425,000

2566733 MLS ⋅ ACTIVE Status

Side-by-side duplex on a quiet dead-end road. Each unit features 1 bedroom and 1 bathroom, with a simple, functional layout. Both units offer a dedicated carport plus additional parking. Enjoy a convenient location close to shopping, town center, and everyday amenities, with easy access to bus lines and nearby freeways for commuters. **The 1-bedroom unit is currently vacant and available to show, providing an excellent opportunity for an owner-occupant ** Duplex next door is also for sale.

1508 1510 Fones Road SE, Olympia

Listing courtesy of Better Properties N. Proctor.

$2,725,000

2566450 MLS ⋅ ACTIVE Status

The Lake Apartments is a well-maintained 16-unit garden-style multifamily community at 30853 14th Ave S in Federal Way, offered at an attractive $170,313 per unit. The property delivers a 6.20% in-place CAP rate with clear upside to a 7.41% proforma CAP through raising current below-market rents. Built in 1958 with a new roof installed in 2022, the asset sits on a large 31,050 sq. ft. park-like lot and features on-site laundry, ample private parking, and a balanced mix of one- and two-bedroom units. Located just off Pacific Highway and within approximately one mile of the Federal Way Downtown Link Light Rail Station, the property is also close to Steel Lake and Easter Lake, offering convenient access to recreational amenities. It benefits from strong transit access, high submarket occupancy (96.5%), limited new supply of apartments, and proximity to major employment centers including Sea-Tac Airport and the rapidly growing Kent Valley aerospace and logistics corridor.

30853 14th Avenue S, Federal Way

Listing courtesy of Westlake Associates, Inc..

$475,000

2561414 MLS ⋅ ACTIVE Status

Excellent investment opportunity in Bremerton's desirable Upper Manette neighborhood! This well-maintained duplex offers proven income potential with two spacious, single-level units, each approximately 882 square feet. Both units feature 2 bedrooms, 1 full bath, a large living room, an eat-in kitchen, and a utility room with washer and dryer hookups. Efficient heat pumps provide year-round comfort with both heating and air conditioning.Situated on a quiet street with a nice-sized yard, the property offers an attractive setting for tenants. One unit includes two covered carports, while the other offers one covered carport, and each unit has its own exterior storage unit for added convenience.A pre-listing home inspection has already been completed, offering added confidence for buyers. Conveniently located near the Seattle ferry, PSNS, downtown Bremerton, parks, shopping, and the vibrant Manette neighborhood. Whether you're looking to expand your investment portfolio or purchase your first income property, this is an outstanding opportunity with strong rental appeal and long-term investment potential.

2518 Spring Street NE, Bremerton

Listing courtesy of Windermere RE West Sound Inc..

$749,900

2565099 MLS ⋅ ACTIVE Status

Rare opportunity in one of Pierce County’s most desirable locations. This fully recently renovated duplex features updated bathrooms, kitchens, flooring, doors, finishes, trim, and more — move-in ready with modern updates throughout. 6.57% Cap Rate! Live in one side and rent the other, or rent both units for strong cash flow (currently $2,850 + $2,200). The property sits on a large private lot, secluded down a long driveway and backed by a beautiful green belt and partial views of Mount Rainier. The front portion of the lot also offers future development potential. Minutes to I-5, shopping, and Browns Point waterfront with excellent schools nearby. No HOA! Plenty of parking and a spacious lot round out this hard-to-find opportunity in a high-demand area. Opportunities like this are rare-- don't miss your chance! Buyers to verify all developmental potential. Interior viewing available with 48 hour notice.

6425 7th Street NE, Tacoma

Listing courtesy of Best Choice Realty LLC.

$999,950

2564967 MLS ⋅ ACTIVE Status

Excellent investment opportunity in Burien! This updated triplex offers three well-designed units, parking for 7 vehicles, a fully fenced property, outdoor patio and deck, and estimated combined rents of approximately $7,500 per month. Unit A offers 999 sq. ft. with 2 bedrooms, 1 bathroom, a covered front porch, formal dining room, patio access, new LVP flooring, cabinets, appliances, trim, doors, LED lighting, and a new electrical panel. Unit shares a laundry room with Unit B. Unit B provides 1,125 sq. ft. with 2 spacious bedrooms, 1 updated bathroom, an open floor plan, large kitchen, abundant windows, new flooring, cabinets, appliances, and upgraded dishwasher. Unit shares a laundry room with Unit A. Unit C offers 595 sq. ft. with 1 bedroom, a ¾ bath, open layout, large windows, LED lighting, electric wall heating, upgraded dishwasher, new appliances, and an in-unit washer and dryer. Updates include a newly installed roof, new gutters, and fresh interior and exterior paint. Property has two electrical meters, two main panels, and a third subpanel. Conveniently located just minutes from Maplewild Avenue Beach and Sea-Tac airport. Buyer to verify rental income and all property information. Expenses are estimated.

14643 8th Avenue SW, Burien

Listing courtesy of John L. Scott, Inc..

$3,650,000

2564972 MLS ⋅ ACTIVE Status

We are pleased to present Sydney Court, a 20-unit apartment community in the Hazel Dell neighborhood of Vancouver, Washington. Built in 1968 across two buildings, the property offers two-bedroom, one-bath and three-bedroom, two-bath floor plans averaging 870 square feet, with full-size in-unit washers and dryers in every home. Offered at $3,650,000 ($183,000 per unit / $210 per NRSF), the property delivers a 6.53% in-place cap rate with current rents approximately 7.89% below market. Eighteen of the twenty units have been extensively renovated with stainless appliances, quartz counters, new cabinets, flooring, trim, doors, and lighting, and the roof was replaced in 2022, minimizing near-term capital needs. The Hazel Dell location offers convenient access to a major retail corridor anchored by Walmart, Target, and Kohl’s, plus Hazel Dell Marketplace, area employment centers, and regional transportation.

1016 NE 86th Street, Vancouver

Listing courtesy of Northmarq Multifamily, LLC.

$4,950,000

2564976 MLS ⋅ ACTIVE Status

We are pleased to present Redondo Ridge Townhomes, an 18-unit townhome community in Federal Way. Built in 1976, the property offers spacious 2-bedroom, 1.5-bath townhomes averaging 1,010 SF with fireplaces, vaulted ceilings, private patios, and full-size side-by-side washers and dryers. Offered at $4,950,000 ($275,000/unit, $272/SF), the asset delivers a 6.04% in-place cap rate with meaningful upside: current rents average $2,101, roughly 12% below the $2,400 achieved by comparable townhomes, and four unrenovated units offer approximately $500/month of additional income. Capital improvements include a new metal roof (2017), electrical panel upgrades (2018), fresh exterior paint (2026), and 14 of 18 units extensively remodeled with new cabinets, quartz counters, flooring, paint, doors, millwork, and appliances. Located 1.6 miles from the Federal Way Link Light Rail Station with convenient access to employment, shopping, and dining.

30323 15th Court S, Federal Way

Listing courtesy of Northmarq Multifamily, LLC.

$695,000

2564337 MLS ⋅ ACTIVE Status

Well-maintained fourplex offering strong cash flow with a 8.89% cap rate at the asking price! Situated in a convenient Wenatchee location with easy access to shopping, employment, and transportation, this investment property features separately metered units, helping minimize owner expenses. Tenants enjoy ample off-street parking, coin-operated laundry, and alley access. The Residential High zoning presents potential future development opportunities, with possible room for additional units (buyer to verify feasibility). Numerous updates throughout and consistent maintenance make this a turnkey investment with immediate income and long-term upside.

113 N Cleveland Avenue, Wenatchee

Listing courtesy of John L. Scott Wenatchee.

$1,975,000

2563357 MLS ⋅ ACTIVE Status

INVESTOR ALERT! $$$ Turnkey 8-unit multifamily property located in a quiet Bremerton neighborhood near Naval Base Kitsap and the Puget Sound Naval Shipyard. The property and surrounding neighborhood show exceptionally well. Comprised of two well-maintained buildings, the property features four bright, townhouse-style units in each, all offering 2 bedrooms, 1 bathroom, an in-unit washer and dryer, and plenty of on-site parking. All eight units have been updated with a cohesive design and consistent color palette throughout. Ownership has invested approximately $590,000 in renovations, repairs, and capital improvements since 2022, including new roofs on both buildings, new furnaces in all units, updated kitchens and bathrooms, LVP flooring, interior and exterior paint, plumbing and electrical improvements, siding repairs, and select new windows, exterior doors, water heaters, and appliances. The property offers a stabilized 6.15% cap rate based on the existing leases and stated operating expenses, with additional upside as rents move toward market rates. A solid, turnkey investment ready to perform from day one!

2821 2831 NE Center Street Unit #1-8, Bremerton

Listing courtesy of Keller Williams Downtown Sea.

$850,000

2564295 MLS ⋅ ACTIVE Status

Recently updated, 10-unit complex. New windows, new siding, new exterior paint. Two units, 1 & 10, have been fully updated with new flooring, fixtures, cabinets, and countertops. Units 2, 3, 5, & 6 are ready to begin updates. Price reflects these units still needing updating. There is plenty of room for continued rent increases as updates are completed. This property is centrally located and right on the bus line for easy public transportation

2320 Simpson Avenue, Aberdeen

Listing courtesy of List4FlatFee.com, LLC.

$240,000

2563346 MLS ⋅ ACTIVE Status

Investment opportunity in Hoquiam! This duplex features two 2-bedroom, 1-bath units with long-term tenants already in place, making it an ideal addition to your rental portfolio. Unit A offers 1,096 sq ft, while Unit B provides 864 sq ft of living space. The property has been a reliable income producer for many years and is ready for its next owner. While the property could use some TLC, it offers excellent potential to add value over time while continuing to generate rental income. Whether you're looking to expand your investment portfolio or get started in multifamily ownership, this duplex is worth a look.

2739 Pacific Avenue, Hoquiam

Listing courtesy of Windermere RE/Aberdeen.

$1,199,950

2560133 MLS ⋅ ACTIVE Status

Prime Green Lake location just one block from the lake! This fully occupied five-unit property includes two buildings situated on a single tax parcel, offering a total of approximately 3,275 square feet of living space. The west building is a 3-bedroom, 1-bath home with approximately 1,280 square feet, while the east building consists of four 1-bedroom units. The units feature open floor plans and abundant natural light. Property improvements include updated roofs, siding, windows, exterior paint, and electrical systems. Unit #2 was recently remodeled. Additional features include separately metered electrical service, coin-operated laundry, and on-site storage units. With a historically low vacancy rate, strong rental demand, and opportunities to increase income, this property presents an attractive investment opportunity. LR3 zoning may provide additional development potential. Current cap rate: 6.15%.

7103 Linden Avenue N Unit #1-5, Seattle

Listing courtesy of Lotside.

$3,600,000

2562636 MLS ⋅ ACTIVE Status

Exceptional investment opportunity to acquire a portfolio of five newer (2023-built) duplexes, totaling 10 fully occupied units in the growing Kelso market. With every unit currently leased at fair market rents, this turnkey investment offers immediate, consistent cash flow without the hassle of securing new tenants. Three duplexes feature a well-designed 1,494 SF floor plan per unit, while the remaining two offer the larger 1,809 SF plan per unit. Every unit includes 3 bedrooms, 2.5 bathrooms, quartz countertops, stainless steel appliances, spacious walk-in closets, walk-in showers, fully fenced & usable backyards, heat pumps with mini-split heating and cooling systems, garage and extended driveways providing ample tenant and guest parking. Ideally located with quick access to I-5, Longview, grocery stores, shopping, dining, schools, nearby golf course, and everyday amenities, this portfolio combines modern construction with a convenient location that continues to attract tenants. Whether you're expanding an existing portfolio or making your next multifamily investment, this rare offering delivers strong rental income, low-maintenance ownership, and outstanding long-term investment potential. All offers are subject to interior inspection.

950 Walnut Street, Kelso

Listing courtesy of Real Broker LLC.

$424,900

2562786 MLS ⋅ ACTIVE Status

Whether you're looking to invest or owner-occupy, this charming duplex is full of opportunity! Situated on a spacious corner lot in a highly desirable neighborhood, this well-maintained property offers a strong rental history and an ideal layout. Each unit features 2 generously sized bedrooms, 1 full bath, and comfortable living spaces designed for everyday living. Recent updates include a newer roof and plumbing, providing added peace of mind. A detached garage, ample off-street parking, and close proximity to schools, shopping, restaurants, and everyday amenities make this a standout investment. Live in one unit and rent the other, or add this turnkey duplex to your investment portfolio!

517 Center Street, Centralia

Listing courtesy of BHGRE - Northwest Home Team.

$875,000

2562415 MLS ⋅ ACTIVE Status

Rare North Kitsap Investment Opportunity! Discover one of the most distinctive income-producing properties in the region. This architecturally striking octagonal fourplex features four private corner residences, each spanning three stories and offering a unique, townhouse-style living experience. Every unit includes 2 bedrooms, 2 bathrooms, a spacious kitchen and living area on the main level, and a private balcony perfect for enjoying the peaceful surroundings. The thoughtful layout gives each residence exceptional privacy while creating an attractive living environment for tenants. Currently three units are occupied, and one is vacant so you can view it. The property generates $6,000 per month in rental income ($1,500 per unit), with significant upside. Market rents are estimated at approximately $1,900 per month per unit, presenting a compelling value-add opportunity for investors seeking increased cash flow. Multifamily opportunities of this caliber are exceptionally rare in North Kitsap. Whether you're looking to expand your portfolio, execute a rental repositioning strategy, or secure a one-of-a-kind long-term investment, this property offers a unique combination of architectural character, stable income, and future potential. Don't miss your chance to own one of Suquamish's most distinctive multifamily investment properties.

6194 6200 NE Pine Street, Suquamish

Listing courtesy of Keller Williams West Sound.

$619,999

2562234 MLS ⋅ ACTIVE Status

Exceptional turnkey investment opportunity in the heart of Downtown Tacoma near Wright Park! Fully renovated, this property functions as a tri-plex while maintaining its legal duplex status, offering two spacious 3-bedroom units, plus a finished lower-level 2-bedroom unit for additional income potential. All three units have been extensively updated and are currently vacant, providing flexibility for investors seeking market rents or owner-occupants looking to offset their mortgage with rental income. Three separate electric meters allow tenants to pay their own electricity, helping reduce operating expenses. The property also offers outstanding future upside with potential to construct a Detached Accessory Dwelling Unit (DADU) in the rear yard, creating the opportunity for a 4th additional income-producing unit. A freshly improved backyard, alley access, and three dedicated parking spaces further enhance the property's functionality and appeal. Located amongst major hospitals, medical facilities, transit, the Tacoma Link light rail, downtown Tacoma, and major commuter routes, this is an ideal location for healthcare professionals, commuters, and long-term tenants alike. A rare opportunity to acquire a move-in-ready investment property with immediate cash flow potential and future development possibilities. Buyer to verify all redevelopment, zoning, and DADU potential. Approx. 11.6% cap rate, $84,000 gross annual income, and $7,000/month in rental income.

615 Martin Luther King Jr Way, Tacoma

Listing courtesy of 1 Percent Lists Tacoma.

$2,350,000

2562531 MLS ⋅ ACTIVE Status

Built in 1967 and renovated in 2019/2020, the Quaker Court is a 10-unit apartment building located in the Mt. Baker neighborhood. This convenient, urban location is just blocks from Mt. Baker Station, several recreational parks, restaurants, and schools. The systems throughout the building that have been updated include the following: washer/dryer, quartz counters, LVP flooring, stainless appliances, new decks, freshy painted exterior and common areas with new carpet. This is a value-add opportunity from a management perspective, as all the heavy lifting has been completed; just need to raise the income.

2701 S Walden Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,200,000

2561535 MLS ⋅ ACTIVE Status

13616 & 13622 51st Ave S. is an exceptional investment and/or house hacking opportunity in the heart of Tukwila! The property consists of 2 duplexes on one large private 16,555 SF lot. All 4-units are 2 bd/1 bth and live more like homes than apartments. Three of the four units have been extensively updated/remodeled and all of the units feature a W/D, fireplace, eating area off kitchen, large outdoor space, and garage or off-street parking. Both duplexes have new exterior paint and newer roofs (w/in past 5 years). Strong rental history with long-term tenants and current rent upside. Conveniently located near major transportation corridors, Seattle-Tacoma International Airport, and key employment centers, which keeps the units full and providing stable cash flow. Great investment property, multi-generational living, or for an owner-occupant who wants to live in one unit and collect rent from the other units.

13622 51st Avenue S, Tukwila

Listing courtesy of Windermere Real Estate Midtown.

$1,599,990

2559752 MLS ⋅ ACTIVE Status

Exceptional opportunity to acquire a well-maintained 8-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,100+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 8-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.

1609 Maple Lane Unit #C1-C8, Kent

Listing courtesy of Windermere Real Estate JS.

$1,995,000

2560645 MLS ⋅ ACTIVE Status

Nestled in Seattle's most coveted Green Lake neighborhood, this well-maintained 7-unit apartment building offers an exceptional foundation for multifamily investment. Located just steps from the iconic Green Lake Park, the property features an attractive mix of one and two-bedroom units generating consistent, stable rental income in one of the city's most sought-after submarkets. This is an ideal opportunity for both experienced and emerging investors seeking exposure to Seattle's resilient rental market. The property benefits from strong tenant demand, proven longevity, and a premier location in one of the Pacific Northwest's strongest performing neighborhoods—positioning it perfectly for investors looking to build wealth through long-term appreciation and steady cash flow.

6515 5th Avenue NE, Seattle

Listing courtesy of Pacific Crest.

$870,000

2560887 MLS ⋅ ACTIVE Status

BACK ON THE MARKET by popular demand! This turn-key and exceptionally maintained 4-plex offering strong, reliable rental income with thoughtful modern updates throughout the units. Building is fully rented and cash flows. This low-maintenance investment property is in excellent condition, with each unit featuring contemporary laminate flooring, newer hot water tanks, fresh interior paint, updated bathrooms, and crisp modern trim for a clean. Two units are leased at $1,800/month with newly signed leases, and the other two units are rented at $1,700/month—providing immediate, stable cash flow. Ideally located near shopping, dining, transit, and easy freeway access. This property appeals to commuters and long-term tenants. This property is perfect for all savvy investors being a smart addition to you investment portfolio.

4027 S Warner Street, Tacoma

Listing courtesy of Keller Williams Realty PS.

$697,500

2561053 MLS ⋅ ACTIVE Status

A rare find for the discerning investor is now available at 710 South Monroe, Wenatchee. This well maintained turnkey fourplex offers a prime income-producing assest in a central Wenatchee Valley location. This meticulously maintained highly updated property features four individually metered units — three one-bedroom, one-bath and one spacious two-bedroom, one-bath delivering a diversified tenant mix that supports strong, stable income across multiple unit types. Individually metered utilities reduce owner expenses and simplify management, while the property’s turnkey condition means minimal deferred maintenance for a new owner. Combined with its central location and consistent performance, this producing income property is positioned for reliable cash flow and long-term appreciation for a new owner. Well-maintained, income-generating multifamily assets in this sought-after location rarely come to market. Don’t miss your opportunity to add this rare, high-performing property to your investment portfolio. Showings by appointment only.

710 S Monroe Street, Wenatchee

Listing courtesy of John L. Scott Leavenworth.

$899,000

2559871 MLS ⋅ ACTIVE Status

Part of core Downtown Granite Falls, zoned commercial, grandfathered multi-family. Fully stabilized rents withlong term tenants in place. Upside available with rental increases and utility billback. All units renovated in2022, complete re-roofed in 2022 with 30 year roof. Onsite coin-op laundry. All units 2 bed/1 bath. Generous city parking.

316 S Granite, Granite Falls

Listing courtesy of Realty One Group Orca.

$799,999

2559823 MLS ⋅ ACTIVE Status

Versatile single-story fourplex offering an excellent opportunity for investors and owner-occupants. The property includes two 1-bedroom units and two 2-bedroom units, with all four residences renovated within the last several years. Updates include modern appliances, durable LVP flooring, and refreshed interiors. Each unit also includes dedicated storage, while the two-bedroom units feature a 920sq ft covered carport parking with 4 storage units. A secure shared laundry room is conveniently located beneath the carport. Three units are currently occupied by long-term tenants, providing immediate rental income. The fourth unit has been freshly renovated and is vacant, ideal for an owner looking to live onsite while offsetting expenses or for an investor ready to place another tenant and maximize cash flow. This property was made for house hacking and NO HOA!! Conveniently located near Downtown Auburn, shopping, dining, transit, and Highway 18 for easy commuting.

417 22nd Street SE, Auburn

Listing courtesy of Operation Red Dot.

$595,000

2559523 MLS ⋅ ACTIVE Status

Lovely location for home or investment. Two rehabbed manufactured homes in idyllic spot. Big half acre lot on cul-de-sac near Whatcom Falls and Bloedel Parks, Kulshan M. School, Geneva E. School. Extensive improvements; new water lines, new floors, new applcs, new roof, new furnaces, etc. A good spot to live, easily managed as a rental. Approval to divide into two lots. (With infill toolkit it's possible 4-5 Lots on this site.) 3902 is 3 bdrm 2 bath home 1200 sq. ft. plus large Sun porch facing meadow and forest. Heated with electric furnace & a propane gas fireplace. Also a shop. Unit @3900 is two bedroom one bath. It has a storage building in backyard. Separate electric meters. Just one Water Service for both units now paid by owner. Recent rents are $2,200 and $1,800 total of $4,000 per month gross rent. One unit is vacant. Unit at 3902 is now leased thru Aug. of 2027. There are supplements available that show the property survey and possible designs for a four lot short plat.

3902 Idaho Street, Bellingham

Listing courtesy of Rainshine Realty.

$3,000,000

2559385 MLS ⋅ ACTIVE Status

Norseman Apartments is a well maintained 32-unit garden-style community built in 1979 at 1913 Coolidge Road in South Aberdeen, offering all two-bedroom, one-bath homes of approximately 840 square feet. he property has received $654,470 in recent capital improvements, including roof replacements, siding replacements, foundation and framing repairs, and double-pane window replacements, along with various unit interior renovations. Every residence includes in-unit washer and dryer hookups, and with additional renovations there is a straightforward path to higher achievable rents while supporting stable occupancy.

1913 Coolidge Road, Aberdeen

Listing courtesy of Westlake Associates, Inc..

$565,000

2557670 MLS ⋅ ACTIVE Status

Turnkey investment opportunity featuring two homes on one lot in the heart of Tacoma. The property includes a 3-bedroom, 1-bath main residence (1,284 sq ft) and a detached 2-bedroom, 1-bath ADU (640 sq ft) with alley access. Both units are leased through February 28, 2027, producing $4,150 per month ($49,800 annually) in scheduled rental income. The main home features an open kitchen with dining area, wood-burning fireplace, finished attic, and fully fenced yard. The detached ADU offers updated finishes, a full kitchen, living room, in-unit laundry, and private access. Conveniently located near shopping, dining, schools, transit, and I-5. An excellent opportunity to acquire a stabilized income-producing property with future flexibility when the current leases expire.

5428 S Cedar St, Tacoma

Listing courtesy of eXp Realty.

$7,700,000

2558493 MLS ⋅ ACTIVE Status

Fully renovated, turnkey mixed-use asset located in the heart of the West Seattle Junction, The EOS consists of 15 luxury apartments situated above four fully leased retail spaces, offering a diversified income stream in a premier urban location. All 2BD units with W/D, balconies, and modern interior finishes. 17 open and covered residential parking spaces located at the rear of the building and 8 open commercial parking spaces at the front of the property. Built in 1980 and renovated, EOS offers investors a true turnkey ownership opportunity with a low maintenance profile. The building features an elevator, renovated formal lobby, Amazon package lockers, copper plumbing, newer lower roof, and freshly upgraded common areas. Located just steps from the West Seattle Junction’s premier restaurants, shops, and cafes, this asset is priced at an in-place 6.00 percent cap rate, providing strong in place cash flow with long term value growth driven by transit-oriented development

5631 California Avenue SW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$999,500

2551028 MLS ⋅ ACTIVE Status

Turnkey Aberdeen multifamily investment with immediate cash flow! The best deal on market with a 9.09% cap rate! The Cambridge Apartments features 11 units totaling ~7442 sq ft on a centrally located corner lot near downtown. The unit mix includes one 1 bed/1 bath and ten studio units, many with oversized walk-in closets that provide added flexibility for tenants. Professionally managed and fully occupied, the property currently generates approximately ~$10,307/month in gross rental income with an estimated 9.09% cap rate. Residents enjoy a large coin-operated laundry room and ample off-street parking. Recent improvements include electrical, plumbing, flooring, water heaters, and more. The property is professionally managed and benefits from regular professional cleaning and ongoing maintenance. Potential to create two additional units by utilizing the unfinished attic space and reconfiguring the existing laundry room. Managed by local PM company, Rentals by Spivey. A rare opportunity to step into a stabilized asset with strong income today and additional upside for the future!

201 N F Street, Aberdeen

Listing courtesy of Spivey Realty Group, LLC.

$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.

$950,000

2555926 MLS ⋅ ACTIVE Status

Prime Investment Opportunity: 6-Plex Cash Cow in Roy, WA! Discover steady income and exceptional value with this 6-unit apartment building features six 2-bedroom, 1-bathroom units on a generous ~1.19-acre lot. Tenants enjoy off-street parking, shared laundry, water/garbage inclusions, and easy maintenance. Current rents hover in the $1,300–$1,375 range, with strong occupancy potential. -Proven Performer with Strong Returns -Annual Gross Income: Nearly $100,000 -Cap Rate: 8.4% — outstanding for the area -Reliable rental demand from military personnel. Why Investors Love This Asset -Stable Cash Flow: A true "cash cow" with predictable income and low vacancy risk. -Value-Add Potential: Acreage allows for additional parking, storage, or enhancements. -Appreciation Upside: Proximity to JBLM and regional growth supports long-term gains. -Simple Management: Compact 6-unit layout on one site. Perfect for hands-on investors or those expanding their portfolio with multi-family properties. This is a rare chance to own a performing asset in a military-driven market with built-in equity and strong yields.Don't miss this income-generating gem. Contact us today for details, financials, or a private showing.

9112 336th Street S, Roy

Listing courtesy of Abbey Realty Inc.

$1,500,000

2556039 MLS ⋅ ACTIVE Status

Attention investors! Don't miss this excellent opportunity to own a well maintained 5 unit multifamily property offering strong cash flow and long term rental stability. The property consists of two separate buildings: a duplex and a triplex with all five units featuring a desirable 2 bedroom, 1 bathroom floor plan. Each unit is equipped with central air conditioning and a cozy fireplace, providing added comfort and appeal for tenants. Built in 1987 by respected local builder Nevo Tontini, this investment property has a proven rental history with long term tenants already in place, making it an ideal turnkey addition to your portfolio. The functional layout, consistent occupancy, and attractive unit features contribute to its strong income potential. The location is another standout feature. Situated just minutes from downtown, the property is directly across the street from the middle school, close to the elementary school, and offers exceptional convenience with a Link Bus stop located just outside the property. Tenants appreciate the easy access to schools, shopping, dining, services, and public transportation. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this income-producing 5-plex offers a rare combination of stable rental income, desirable amenities, and a prime location. Schedule your showing today and explore the potential this outstanding investment has to offer. Minimum of 48 hours notice to show.

1321 Maple Street Unit #A, Wenatchee

Listing courtesy of Premier One Properties.

$675,000

2553794 MLS ⋅ ACTIVE Status

Investment Opportunity!! Well cared for Triplex on dead end road with easy access to SR 500 All units have 2 bedrooms and 1 bath. All units are occupied with the same tenants for 4+ years. Positive cash flow investment opportunity.

3316 Grand Boulevard, Vancouver

Listing courtesy of Coldwell Banker United Brokers.

$450,000

2553787 MLS ⋅ ACTIVE Status

Investment Opportunity!! Well cared for Duplex in Bagley Downs, near community swimming center and park. Both units have 2 bedrooms and 1 bath each with a private fenced yard. Newer flooring. Newer roof. All units are occupied with the same tenants for 3+ years. Positive cash flow investment opportunity.

2807 Caples Avenue, Vancouver

Listing courtesy of Coldwell Banker United Brokers.

$450,000

2553783 MLS ⋅ ACTIVE Status

Investment Opportunity!! Well cared for Duplex in Bagley Downs, near community swimming center and park. Both units have 2 bedrooms and 1 bath each with a private fenced yard. Newer flooring. Newer roof. All units are occupied with the same tenants for 3+ years. Positive cash flow investment opportunity.

2811 Caples Avenue, Vancouver

Listing courtesy of Coldwell Banker United Brokers.

$1,600,000

2553817 MLS ⋅ ACTIVE Status

Four duplexes offering eight 2-bedroom, 1-bathroom units, each with a private one-car garage. Ideal for long-term tenants in a desirable small-town setting. Strong Financials • Annual Gross Income: $140,000 • Cap Rate: 6.7% Recent roofs (approx. 5 years old) minimize near-term capex. Efficient duplex layout supports easy management and tenant privacy. Prime Location Elma provides rural charm with convenient access to Olympia (~30 miles), outdoor recreation, parks, and local amenities. Steady rental demand in an affordable market makes this a reliable cash-flowing asset. Perfect for investors seeking immediate income, low maintenance, and long-term appreciation. Turnkey opportunity with strong upside potential. Contact us today for full details, rent roll, and showing. Serious inquiries only.

106 Garden Hill Road W, Elma

Listing courtesy of Abbey Realty Inc.

$4,850,000

2555393 MLS ⋅ ACTIVE Status

The Cove Apartments offers investors a compelling combination of strong in-place cash flow, recent capital improvements, and long-term upside in the growing Marysville market. The property has benefited from significant interior and exterior upgrades, including renovated apartment homes, in-unit washers and dryers in every unit, fresh exterior paint, updated signage, and ample on-site parking, creating a low-maintenance investment that continues to attract tenant demand. Currently operating at a strong 6.91% in-place cap rate, The Cove delivers exceptional day-one returns while offering future rental growth potential. Its functional unit mix, proven operational performance, and recent improvements provide stability and long-term value appreciation. Conveniently located near Interstate 5, State Route 529, and State Route 9, residents enjoy easy access to major employment centers throughout Snohomish County and the greater Seattle area. Supported by strong population growth, expanding infrastructure, limited multifamily supply, and sustained economic investment across the North Puget Sound region, The Cove Apartments represents an outstanding opportunity to acquire a well-positioned, income-producing asset with both immediate cash flow and long-term investment potential.

7234 47th Avenue NE, Marysville

Listing courtesy of Paragon Real Estate Advisors.

$674,999

2555073 MLS ⋅ ACTIVE Status

Welcome to this turnkey triplex offering an exceptional opportunity for investors seeking immediate cash flow. Each of the three 2-bedroom, 1-bath units offers approximately 696 sq. ft. and has been thoughtfully updated. Recent updates in last 5 years include new roof, new septic system, vinyl windows, fencing, and extensive interior renovations throughout the units. Current rents are $1,625/month for Unit 1 and $1,650/month each for Units 2 and 3, plus an additional $150 per month from each tenant toward utilities, creating strong income potential. A shared laundry room, ample off-street parking, and a prime location just minutes from JBLM, I-5, restaurants, shopping, and American Lake make this a true cash-flowing investment and an excellent addition to any portfolio.

8311 Lake Street SW, Lakewood

Listing courtesy of Every Door Real Estate.

$397,500

2554348 MLS ⋅ ACTIVE Status

Triplex in the Heart of Aberdeen – Investment Opportunity or Multi-Family Living! Investor alert or the perfect opportunity for multi-family living! This beautifully updated triplex is ideally located in the heart of Aberdeen, just minutes from shopping, dining, parks, and schools, while being safely situated outside the flood zone. The property features: • Two spacious 2-bedroom, 1-bath units • One charming 1-bedroom, 1-bath loft-style unit • Private decks for each unit • Newer flooring in 2 units • Updated electrical systems with brand-new panels With a convenient central location, strong rental potential, and thoughtful improvements already completed, this triplex offers an excellent opportunity to build passive income or live in one unit while renting the others. Whether you’re an investor looking to expand your portfolio or seeking a flexible living arrangement, this property delivers versatility, value, and long-term potential in a growing Aberdeen community. Don’t miss your chance to own a solid, income-producing property in a desirable location!

109 N Washington Street, Aberdeen

Listing courtesy of Windermere RE/Himlie.

$839,000

2554973 MLS ⋅ ACTIVE Status

The possibilities are endless on this Manson compound. 4 total units! Top unit is 3 bedrooms and 2 bathrooms including incredible views of the lake and mountains. Completely updated with vaulted ceilings and an open floor plan. Unit 2 has 2 bedrooms, 1 bathroom and an updated kitchen. Unit 2 also has a private patio and 1 car attached garage. Unit 3 is a loft style unit that can sleep 6. It has 2 bathrooms and a massive shop/flex space attached to it. Units 1-3 have in unit laundry. Fun, beach themed detached ADU has a private patio and fire pit. Plenty of paved parking and awesome basketball/pickleball court! Low maintenance yard. Walking distance to downtown Manson and Lake Chelan! Great for an investor or owner occupy and offset your mortgage with income from the other units.

703 Boetzkes Avenue, Manson

Listing courtesy of Windermere Real Estate/M2, LLC.

$1,250,000

2554842 MLS ⋅ ACTIVE Status

HUGE INVESTMENT OPPORTUNITY! Approximately 5 acres along the Mount Baker Highway corridor featuring a unique collection of residential and shop improvements and currently bringing in $12,650 / mo in rent. The property includes a 3-bedroom residence situated away from the road, flexible lower-level living areas with multiple bedrooms, kitchens, baths, and separate entrances, a manufactured home near the highway frontage, and a secluded beautiful and private RV area located further back on the property with septic/power/water. Additional improvements include a 40' x 60' clear-span shop building and a 40' x 40' shop with additional upper-level space. Ample parking, open yard areas, and excellent access create a versatile property with a rare combination of residential, shop, storage, and outdoor space. Conveniently located 10 minutes from I-5 and on the way to Mount Baker recreation areas.

3092 Mt Baker Highway, Bellingham

Listing courtesy of Muljat Group.

$450,000

2554246 MLS ⋅ ACTIVE Status

This is a great opportunity for the investor capable of looking past the 2025 numbers and ahead to the great potential for growth in 2026. All units are currently occupied and are on no lease, month to month agreements. Lots of work and updates have been done over the years leaving the future owner with low maintenance costs. Fresh exterior paint, lots of new siding, new porch, new entry doors, 3 of the units have been remodeled in the last 2 years, detached shed with W/D hook up for potential supplemental income, all new exterior electrical from meters to utility pole.

309 E 2nd, Aberdeen

Listing courtesy of WEICHERT, Realtors Reynolds RE.

$799,900

2553735 MLS ⋅ ACTIVE Status

2 duplexes for a total of 4 rentals. Built in 2009, each has approx 800 sq.ft.. Great rental history. Each unit is 2 bdrms/1 bath and have electric fireplaces. Efficient design, EZ to maintain. Recent new roof on each building. Single car garages plus outside parking. Located offstreet on a private cul-de-sac. Just 5 minutes to I-5 access at exit 88. EZ commute to Olympia or Centralia. Short distance to restaurants. About 15 minutes to the gaming, restaurants and lounges at the Lucky Eagle Casino. Shopping at Safeway in Centralia less than 6 miles away or Costco in Tumwater just 20 minutes. Scheduled monthly income is $4,975. Only 1 unit is rented at market rate. All others are far below market and ample room for rent increases. Strong demand for rentals in this region. Purchasers Financial capability info needed for interior inspections.

6521 201st, Rochester

Listing courtesy of Dream Weavers Inc..

$2,250,000

2553317 MLS ⋅ ACTIVE Status

Welcome to the Avalon! An appealing multifamily investment opportunity located at 201 N Commercial Street in Bellingham, Washington. Originally built between 1900 and 1906, the property is a two-story, sixteen-unit apartment community located in downtown Bellingham. Built as ten large flats, the Bellingham Herald described the building as “the leading fashionable apartment house in the city and the most modern.” Tenants enjoy nine-foot ceilings throughout all units, with ample natural light provided by large windows in nearly every room. The original fir siding remains in excellent condition, contributing to the historic charm of the property. The property unit mix consists of two studios with approximately 400 square feet, eight one-bedrooms averaging approximately 600 square feet, and six two-bedrooms averaging approximately 930 square feet. All units retain their original trim, and many retain original fir flooring that’s been repainted over time. Some units have been upgraded with baseboard heat, and all units have radiator heat served by a steam boiler in the basement. There is no known knob-and-tube wiring, and Square D electrical panels supply electricity to the units. Supply lines have been replaced with pex plumbing in nearly all units. The Avalon offers excellent price-per-pound metrics of $140,625 per unit and $201 per foot, not including the large basement. The Avalon provides an excellent, risk-adjusted income stream with room for growth in the long term.

201 N Commercial Street, Bellingham

Listing courtesy of John L. Scott, Inc.

$4,300,000

2552631 MLS ⋅ ACTIVE Status

Come see all that Eastbay Apartments has to offer! A boutique mixed-use investment opportunity located in Seattle’s desirable West Queen Anne neighborhood. Built in 2011, the Property consists of 12 multifamily units & two ground floor commercial spaces, offering investors diversified income within one of Seattle's most sought after urban sub markets. The Property features a well-balanced unit mix including one studio unit, four one-bedroom units, three two-bedroom/one-bath units, two two-bedroom/two-bath units, and two top-floor two-bedroom/two-and-a-half-bath townhome units with private rooftop decks. The units feature spacious layouts & premium interior finishes, including in-unit washer/dryers, granite countertops, stainless-steel appliances & modern cabinetry designed to appeal to Seattle’s professional renter demographic. Eastbay Apartments benefits from its strategic location in West Queen Anne with convenient access to Seattle’s major employment centers including South Lake Union, Downtown Seattle, Ballard, and Interbay. The surrounding neighborhood provides residents with proximity to Magnolia’s parks, waterfront amenities, restaurants, and neighborhood retail destinations, creating a strong live-work-play environment that continues to attract young professionals and families. The Property also includes two levels of secured garage parking with 15 spaces and 12 on-site storage units, enhancing tenant convenience and supporting long-term occupancy stability.

3232 15th Avenue W, Seattle

Listing courtesy of John L. Scott, Inc.

$3,200,000

2552535 MLS ⋅ ACTIVE Status

Pasadena Place is a rare eight-unit multifamily opportunity located just minutes from the University of Washington, consisting of five townhomes and one triplex across three buildings. All townhomes were built in 2008, the triplex was built in 1927 and renovated in 2025. The property offers a desirable mix of spacious 2-, 3-, and 4-bedroom units averaging approximately 1,000 square feet, creating broad rental appeal in a high-demand neighborhood. All units in the triplex and one townhome have been recently renovated, while the remaining townhomes present a clear value-add opportunity through interior upgrades. Pasadena Place offers investors both stable in-place cash flow and future rental upside.

4218 Pasadena Place NE, Seattle

Listing courtesy of Real Broker LLC.

$1,150,000

2550339 MLS ⋅ ACTIVE Status

Attention multifamily investors: Secure an immediate, 100% occupied cash-flow generator delivering nearly $95K/year in gross revenue at a strong 6.03% cap rate. Each of the four spacious units offers 2 bedrooms, 1.5 bathrooms, and 1,023 sq. ft., featuring a full kitchen, dining area, living room, in-unit washer and dryer, and a private patio or deck. This prime location pairs a walkable historic downtown lifestyle with seamless commuter access to major Auburn, Kent, Tacoma, and Seattle job centers—ensuring exceptional long-term tenant retention and a ~2% vacancy rate. High-demand amenities include two dedicated parking spaces per unit (one covered carport), recent updates like new LVP flooring in one unit, and vacant on-site private storage units providing immediate value-add upside to expand your net operating income (NOI). Turnkey assets with this level of proven performance are rare - act fast!

136 McKean Court, Enumclaw

Listing courtesy of Windermere Real Estate/Summit.

$3,625,000

2552161 MLS ⋅ ACTIVE Status

Exceptional opportunity to acquire 4 brand-new duplexes in highly desirable West Olympia. Built for long-term, low-maintenance ownership, these turnkey investment properties offer modern construction with minimal capital expenditure concerns for years to come. Located in a strong rental market characterized by high demand, low vacancy rates, and attractive rental income potential, these duplexes are well-positioned for consistent cash flow and long-term appreciation. Situated at the end of a private dead-end street, the properties offer a quiet setting that appeals to quality tenants while remaining conveniently close to major employers, shopping, schools, and commuter routes. Whether you're looking to expand your portfolio or complete a 1031 exchange, this is a rare opportunity to invest in newly constructed multifamily assets in one of Olympia's most sought-after rental locations.

1624 Decatur Street SW, Olympia

Listing courtesy of Capitol Real Estate LLC.

$650,000

2549314 MLS ⋅ ACTIVE Status

Exceptional turn-key 8-units multifamily investment opportunity in a desirable Aberdeen location, offering an attractive 8.8% capitalization rate and immediate cash flow. The property is 100% occupied, with most units thoughtfully updated to enhance tenant appeal and minimize future maintenance. An on-site coin operated laundry facility provides an additional source of income, further strengthening the property's investment potential. Conveniently located near schools, shopping, and major transportation routes this well maintained asset offers investors a stable income producing property and an excellent opportunity to expand or strengthen real estate portfolio.

220 W 4th Street, Aberdeen

Listing courtesy of John L. Scott Lacey.

$2,850,000

2551532 MLS ⋅ ACTIVE Status

12-unit apartment complex (3 fourplexes) in the tight-knit border community of Sumas! Located directly adjacent to Sumas Elementary School in a quiet part of town, but only blocks away from eating and retail establishments on State Route 9, and minutes from the US/Canada border crossing. Units are 3-bed/2.5-bath with fully equipped kitchens, washer/dryer, vinyl and carpeted floors, and outdoor patio. Plenty of on-site parking for tenants. Professionally managed since being built in 2019 with a strong rental history.

404 Front Street, Sumas

Listing courtesy of Muljat Group.

$2,200,000

2550638 MLS ⋅ ACTIVE Status

Investors!!! A Lucrative Airbnb Grossing +/- $16,700 per month on average. Welcome to the heart of Downtown Edmonds and this beautifully updated 1902 Victorian blending historic charm with modern comfort. Known as the “Besson House”, built by Edmonds founder FR Beeson and added to the Edmonds Historic Registry in 2024. A 2205sf, 4-bedroom, 1.75-bath home with bright and open living spaces, a cozy living room, fully equipped kitchen, spacious dining room with built-ins, main floor bedroom, and ¾ bath all opening to a backyard deck/patio perfect for entertainment overflow. 3 additional bedrooms and full bath on the second level and sweeping views of the Sound and Mountains from the third-floor “bird’s nest.” This inviting, cozy retreat features a comfortable sitting area and a rooftop deck—ideal for morning coffee or evening sunset drinks. Updates include air conditioning, a newer furnace, newer hot water tank, new water line, and much of the plumbing and electrical updated. The "Cottage" is a perfect condo alternative with 790sf, 2 Beds, 1 Bath, open living spaces, and kitchen. A prime location in the heart of the Creative District, just one block from the Main Street Fountain and Farmers Market and just steps to cafes, shops, galleries, restaurants, the Ferry, and the beach. An incredible opportunity to own a rare piece of Edmonds history!

116 4th Avenue N, Edmonds

Listing courtesy of Windermere RE North, Inc..

$2,300,000

2550902 MLS ⋅ ACTIVE Status

Fantastic investment opportunity in prime downtown Mount Vernon location. Fully rented, this 13,000 square foot property features a beloved, long-term retail tenant on the main floor with ample living space above. On the second floor you'll find a mix of 18 rental units which include full apartments and individual rooms along with communal kitchen, restrooms, and coin operated laundry. These units offer a great opportunity for low income housing and are in great demand. Located in the heart of downtown, this historic building is within easy walking distance of the Skagit Riverwalk, grocery stores, restaurants, the Lincoln Theatre, summer concerts, farmers markets, shops, and everything downtown Mount Vernon offers.

701 S 1st Street, Mount Vernon

Listing courtesy of Pettruzzelli Inc.

$949,900

2550856 MLS ⋅ ACTIVE Status

Well-located mixed-use investment opportunity in Tacoma’s highly desirable 6th Avenue District. The property consists of two residential apartment units, two street-level retail spaces, and a large secured storage area with alley access, offering multiple income streams and flexibility for an owner/user or value-add investor. One retail space of approximately 750 SF is currently available, providing upside through lease-up or owner occupancy.Situated along one of Tacoma’s most vibrant commercial corridors, the property is surrounded by popular restaurants, coffee shops, live music venues, boutique retail, and professional services. Its close proximity to the 97-acre University of Puget Sound campus supports strong and consistent demand from students, faculty, and neighborhood residents. Zoned NCX, the asset benefits from favorable mixed-use zoning in a walkable, high-traffic location with long-term appreciation potential.

3825 6th Ave, Tacoma

Listing courtesy of Lee & Associates Commercial RE.

$680,000

2550198 MLS ⋅ ACTIVE Status

Exceptional investment opportunity in the heart of Kent! This versatile property is currently configured and operating as a triplex, generating over $60,000 in annual rental income with an impressive 8% cap rate—a rare find in today's market. Whether you're an investor looking for immediate cash flow or a homeowner seeking a property with outstanding income potential, this home offers endless possibilities. Continue renting all three units for strong returns, or update the home to suit your vision while living in one unit and renting the others to offset your mortgage. Thoughtfully designed with a functional layout and separate entrances for each unit, the property provides flexibility and privacy for tenants or multigenerational living. Conveniently located with easy access to major highways, shopping, dining, West Fanwick Park and everyday amenities, commuting is a breeze while enjoying everything Kent has to offer. Opportunities combining strong cash flow, flexible living options, and long-term upside are increasingly rare—don't miss your chance to own this exceptional income-producing property!

3706 S 255th Place, Kent

Listing courtesy of Keller Williams Rlty Bellevue.

$850,000

2549662 MLS ⋅ ACTIVE Status

Beautifully updated duplex in a prime Lake Stevens location, offering an exceptional opportunity for investors or owner-occupants. This turnkey property boasts an impressive 6% cap rate, making it an attractive addition to any investment portfolio. Each spacious unit features a functional two-story floor plan with an open main level, including a generous living area, updated kitchen, and convenient half bath, while the upper level offers comfortable bedrooms and a full bath. Recent improvements throughout provide a fresh, modern feel, and the former carports have been converted into fully enclosed garages for added convenience, security, and storage. Each unit also enjoys a private backyard, creating a welcoming outdoor space to relax or entertain. Ideally situated just blocks from Lundeen Park, Lake Stevens, neighborhood amenities, and with easy access to I-5, Highway 9, and Frontier Village, this property offers the perfect combination of strong cash flow, modern updates, and an outstanding location.

2424 99th Avenue NE, Lake Stevens

Listing courtesy of Real Residential.

$385,000

2549695 MLS ⋅ ACTIVE Status

Turnkey investment opportunity with owner-occupancy potential! Live in one unit while generating rental income from the others, or add a strong income-producing property to your portfolio. This well-maintained triplex features two units in the front building and a separate rear unit with its own private entrance, garage space, and alley access. Unit 1 offers 2 bedrooms and 1 bath on the main level. Unit 2 features 1 bedroom, 2 baths, and a dedicated office upstairs, making it an excellent owner-occupied option. Unit 3 includes 2 bedrooms, 1 bath, private entry, garage space, and added privacy. Each unit has its own laundry facilities for added tenant convenience. Recent updates include fresh interior paint and new flooring. A spacious side yard, driveway, and off-street parking enhance the property's appeal. The upstairs unit is expected to be fully leased by the end of July, offering flexibility for buyers who wish to occupy it before leasing or simply acquire a fully rented asset. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this Hoquiam triplex offers flexible living arrangements, solid rental potential, and an excellent opportunity to build long-term wealth.

1111 Chenault Avenue, Hoquiam

Listing courtesy of Premier Realty Grays Harbor.

$548,000

2547437 MLS ⋅ ACTIVE Status

Fantastic investment opportunity in the heart of Parkland! This well-maintained duplex offers immediate income with plenty of upside potential. Both units have seen updates, making this an attractive option for tenants while minimizing near-term maintenance. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this property offers flexibility and long-term value. With strong rental demand in the area, there's an excellent opportunity to increase rents over time as leases renew and continue maximizing your return. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this is an investment you won't want to miss. Don't miss your chance to own a solid income-producing property in a desirable Parkland location! Easy option to live in one side and rent out the other. Get your mortgage paid!

1208 111th Street S, Tacoma

Listing courtesy of Century 21 Blue Chip.

$1,000,000

2548746 MLS ⋅ ACTIVE Status

Here's your opportunity to acquire a well-maintained, fully occupied 4-plex offering immediate cash flow from day one. Unique townhome configuration to each unit offers spacious living areas and attractive layouts that support strong tenant retention. Units are each 2 bedrooms and 1 bath, feature laminate flooring, and a 1-car garage. The property benefits from its proximity to major commuting routes, shopping, schools, public transportation, and employment centers throughout Auburn, Kent, and the greater South King County market. The property's desirable location and multi-family configuration make it an excellent addition to an investment portfolio or a strong entry into the Puget Sound multi-family market.

903 31st Street NE, Auburn

Listing courtesy of Skyline Properties, Inc..

$675,000

2549478 MLS ⋅ ACTIVE Status

Opportunity knocks in downtown Kittitas! High visibility corner lot w/ multi-family tri-plex & additional detached 2bed/1bath single family home & separate studio/shop.2 story triplex-all units feature a full kitchen, living area, 2 1bed/1bath & 1 2bed/2bath unit.Building has separate utility room w/ coin-op w/d, 4 carports, fenced yard, & 2 storage areas.Upper floor units have covered decks w/ views of surrounding hills, & 1 unit w/ mini-split.Rear house features freestanding gas stove, washer/dryer, walk-in closet, separately fenced yard, & garden space.Across the street from the Kittitas Cafe, walking distance to schools, grocery, parks, Post Office, library, & easy access to the Palouse Cascade Trail & I-90.Minutes to CWU & Ellensburg.

220 N Main Street, Kittitas

Listing courtesy of Ewing & Clark, Inc..

$619,000

2545617 MLS ⋅ ACTIVE Status

Excellent investment or owner-occupied opportunity in the heart of Sumas! This duplex features two spacious 3-bedroom, 2-bath units totaling 2325 square feet on a 10,890 sq ft lot. One unit is currently leased at $1850/month with the tenants paying all utilities, while the second unit is vacant and ready for immediate occupancy or market-rate rental income. This property has undergone extensive restoration and updates, providing refreshed interior finishes and improvements throughout. Each unit offers functional floor plans, generous living spaces and attached garages. Conveniently located near schools, parks, mountains, shopping and the Canadian Border.

208 Noble Street, Sumas

Listing courtesy of Porchlight Property Management.

$1,699,950

2548973 MLS ⋅ ACTIVE Status

Exceptional value-add investment opportunity in Seattle's evolving Rainier Beach neighborhood, just moments from Lake Washington. This 7-unit multifamily property features an ideal unit mix of four 2-bedroom/1-bath units and three 1-bedroom/1-bath units, providing strong in-place income with additional revenue from on-site coin-operated laundry. Current ownership has maintained consistent occupancy while offering the next owner the opportunity to enhance value through cosmetic unit updates as vacancies occur. Investors will appreciate the potential to improve rental income over time while benefiting from immediate cash flow. Situated on an NC155(M)-zoned lot with six tandem parking spaces accommodating up to 12 vehicles, the property also offers long-term redevelopment potential (buyer to verify). Conveniently located near Lake Washington, transit, neighborhood restaurants, shopping, and ongoing community investment, this is a rare opportunity to acquire a well-performing asset with multiple avenues for future growth. Some interior photos have been virtually staged for illustrative purposes only. Virtual staging is limited to furnishings and décor.

9265 57th Avenue S, Seattle

Listing courtesy of eXp Realty.

$735,000

2547692 MLS ⋅ ACTIVE Status

TURNKEY OPERATION: INCLUDES ALL FURNITURE, APPLIANCES, AND EXISTING RENTAL SETUP—CURRENTLY GENERATING OVER $6,200/MO IN GROSS RENTAL INCOME. CENTRAL TACOMA | HIGH-YIELD INCOME-PRODUCING INVESTMENT Exceptional investment opportunity in the heart of Central Tacoma, ideally located just minutes from major medical centers, universities, and the vibrant 6th Avenue District. This established income property is currently generating over $6,200 per month in gross rental income, providing immediate cash flow potential from day one. Flexible Floor Plan Main: 3 beds | 3 baths Upper: 2 beds + bonus room | 1 bath Lower: Separate entry w/ kitchenette & ¾ bath An excellent setup for multigenerational living, furnished rental, or shared housing opportunities. Buyer to verify intended use to their satisfaction. Property Features 6 newly installed HVAC systems Detached garage Two additional storage buildings Alley access with excellent future ADU/DADU potential Fully Turnkey Investment To provide a smooth transition and support immediate rental operation, the sale includes furniture, appliances, bedding, linens, kitchenware, household essentials, and the existing rental setup. The buyer may continue generating rental income with minimal setup costs or delays. The seller is relocating, creating a rare opportunity to acquire a stabilized, income-producing asset with strong long-term appreciation potential.

822 S Ferry St, Tacoma

Listing courtesy of Globenex Realty.

$1,150,000

2547331 MLS ⋅ ACTIVE Status

Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more depending on what extent of upgrades are performed on the two unrenovated units.

2519 Baker Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$1,195,000

2547568 MLS ⋅ ACTIVE Status

Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$850,000

2544489 MLS ⋅ ACTIVE Status

Great owner-occupant or investment opportunity! This fourplex offers four 2-bedroom, 1-bathroom units, each with a large private backyard and two parking spaces. One unit is vacant and ready for renovation. This is a great chance for jumping into the rental market while living on the property with rental income from the other three units helping to pay the mortgage. Conveniently located within walking distance of Sumas Elementary, Edaleens Ice Cream, the grocery store just around the corner. A great chance to own an income-producing property with occupancy available.

124 Mitchell Street, Sumas

Listing courtesy of Roma Management LLC.

$649,000

2498906 MLS ⋅ ACTIVE Status

Beautifully maintained legal duplex just one block from Tacoma's vibrant 6th Avenue District, offering walkable access to popular restaurants, coffee shops, shopping & nightlife. Both units are vacant & professionally staged, offering immediate occupancy for owner-occupants or the opportunity for investors to select their own tenants & lease both units at current market rents. The spacious 1,657 SF main-level unit lives like a single-family home with 3 bedrooms & 1.5 baths, while the upper unit features 807 SF with 1 bedroom & 1 bath. Pride of ownership is evident throughout with outstanding curb appeal, mature landscaping, a welcoming covered front porch, updated plumbing & electrical, newer electrical panels, newer windows throughout & a roof less than 10 years old. Zoned UR-2 on a corner lot with alley access, offering added long-term flexibility & future development potential (buyer to verify). Conveniently located near the University of Puget Sound, Ruston Way, Point Defiance, downtown Tacoma & major commuter routes including Hwy 16 & I-5. Rare opportunity to offset your mortgage with rental income or add a turnkey investment in one of Tacoma's strongest rental markets.

2918 AB S 7th Street, Tacoma

Listing courtesy of Real Broker LLC.

$599,000

2546499 MLS ⋅ ACTIVE Status

Well-maintained duplex offering two residential units with approximately 2,090 total square feet on a fully fenced 0.38-acre lot. Built in 1991, the property includes updated kitchen and bathroom countertops in unit 10010, laminate flooring, stainless steel appliances, fireplaces, newer siding, and updated crawlspace insulation in both units. Covered porch and four parking spaces provide additional functionality for occupants and guests. Public water and sewer service. Located on a dead-end street with convenient access to major commuter routes, shopping, dining, and everyday services. Residential income property suitable for owner-occupants or investors seeking a two-unit property. Functional floor plans & usable outdoor space.

10010 15th Avenue Ct E, Tacoma

Listing courtesy of John L. Scott R.E.Tacoma North.

$669,000

2544918 MLS ⋅ ACTIVE Status

Solid, turnkey fourplex on a large 10,890 SF lot in West Bremerton. Fully occupied with an attractive unit mix of (1) 2-bedroom, (2) 1-bedroom, and (1) studio unit. Strong in-place income with upside through scheduled rent increases and market rent growth. Offered at a 7.4% current cap rate with ~8% projected cap rate at market rents. The property consists of a triplex plus detached one-bedroom cottage with separate electrical meters, coin-operated laundry, and off-street parking. Three of the four units have been cosmetically renovated, including the 2-bedroom unit in 2026. Major capital improvements include fresh exterior paint, extensive roof replacement, foundation stabilization, and updated plumbing and electrical. Conveniently located near PSNS, Olympic College, downtown Bremerton, the Seattle ferry, shopping, and major employers. Excellent investment opportunity offering immediate cash flow and long-term upside in one of Kitsap County's strongest rental markets.

133 N Marion Street, Bremerton

Listing courtesy of Real Broker LLC.

$959,000

2546620 MLS ⋅ ACTIVE Status

LOOKING FOR SMALL BUSINESS SPACE ALONG WITH RENTALS? Rare INCOME PRODUCING Compound on nearly 6 Private Acres 3 INDIVIDUAL HOMES and extensive workshop space set up with BODY SHOP on one side and PAINT BOOTH on the other. Piped for air throughout, and includes compressor, water trap regulators and exhaust fans... - Live here, work here, and have tenant income to help pay the mortgage! Main House UNIT #1: 2478 sq ft - Equipped with a high-efficiency heat pump for year-round comfort & spacious living areas to stretch out in UNIT #2: 1344 Square Feet is independent country living with modern touches - features easy-care flooring throughout this comfortable mobile home with an electric furnace & a bonus woodstove for efficient rustic warmth UNIT #3 is the ultimate workshop hub offering a massive 3360 square foot shop with ample room for tools, hobbies, and classic cars. The one bedroom attached home has a charming interior finished with durable ceramic tile and engineered hardwood flooring, a cozy woodstove & an energy efficient heatpump. Hard to beat this versatile living arrangement: Perfect for extended living, guests, or income-producing rentals. PLUS a 2-Bay Machine Shed ready for your tractors, boats, vehicles, or heavy equipment - Freeze-proof faucets installed across the property for worry-free winters & a private well system equipped with a dedicated water treatment system. Come see it today

6144 Waldrick Road SE, Tenino

Listing courtesy of Realty One Group Bold.

$495,000

2544777 MLS ⋅ ACTIVE Status

Opportunity meets flexibility with this fully occupied duplex in the heart of Parkland! Whether you're an investor seeking strong cash flow or a first-time buyer looking to offset your mortgage by living in one unit and renting the other, this property offers exceptional potential. Each unit features 2 bedrooms and 1 bathroom, recently refreshed interiors, kitchen appliances included, and separate driveways for added convenience and privacy. Situated on a large corner lot, both units enjoy their own spacious, fully fenced backyard...an attractive feature for tenants and owner-occupants alike. Ideally located near Pacific Lutheran University, shopping, major freeways, and Joint Base Lewis-McChord, this property benefits from a highly desirable rental location. A newer roof installed within the last few years adds peace of mind, while the low-maintenance design and established rental history make ownership easy. With affordability, full occupancy, reliable income, and prime upside potential, this duplex is a smart addition to any investment portfolio and an excellent opportunity for buyers looking to build wealth through real estate.

1644 120th Street S, Tacoma

Listing courtesy of John L. Scott Dupont.

$639,900

2545448 MLS ⋅ ACTIVE Status

Investor opportunity! Fully rented 9-unit multifamily property featuring 5 one-bedroom units and 4 studio units, plus 4 garage spaces, storage units, and on-site coin-op laundry for additional income potential. Current occupancy provides immediate rental income, with room to increase cash flow through strategic updates and future rent growth. Financials available to well-qualified buyers. Showings to be scheduled after accepted offer only. Please do not disturb residents.

1320 3rd Street, Cosmopolis

Listing courtesy of Hidden Coast Homes.

$1,100,000

2545347 MLS ⋅ ACTIVE Status

We are pleased to present D Place Apartments, a well-maintained MF asset located in Auburn, WA. Built in 1981 and recently updated, this 4-Plex features 2-BD/1-BTH units, each 960SF with full sized W/D. The property offers a compelling investment opportunity with immediate cash flow and additional upside through rent growth.It is situated on a corner lot with great street visibility for signage and rentability. 3/4 units have undergone interior renovations, including SS appliances, LVP flooring, etc. Each unit also includes a private patio or balcony and a fireplace. A new roof was installed in 2017. This is a rare chance to acquire a stabilized property with additional upside potential - rents are estimated to be 10% below market.

3838 D Place SE, Auburn

Listing courtesy of Northmarq Multifamily, LLC.

$550,000

2545120 MLS ⋅ ACTIVE Status

Updated duplex offering a great opportunity for both investors and owner occupants. Each unit features 2 bedrooms upstairs, a spacious living room, and a remodeled kitchen with quartz countertops, new cabinetry, and updated flooring on the main level. Both units include a full bathroom and an in-unit washer and dryer. The property features durable Hardie Plank siding and has been recently improved with a new roof installed six months ago, fresh interior paint throughout both units, and new carpeting throughout the upstairs bedrooms hall and staircase. Thoughtfully updated and well-maintained, this duplex is move-in ready and offers strong rental appeal.

1205 N 11th Street, Tacoma

Listing courtesy of Windermere Prof Partners.

$498,700

2544828 MLS ⋅ ACTIVE Status

Discover an excellent investment opportunity in the heart of West Seattle. This income-producing duplex is ideally positioned in the Delridge neighborhood, offering convenient access to downtown Seattle, neighborhood parks, shopping, restaurants, and major commuter routes. The upper residence features 2 bedrooms and 1 full bathroom, while the lower residence includes 1 bedroom and a ¾ bath, providing flexible rental options. Separate gas and electric meters allow tenants to pay their own utilities. The future light rail expansion is expected to further enhance the area's appeal and long-term value. Property is located at the corner of Delridge Way SW and 23rd Ave SW (GPS directions may incorrectly place you across the street). Please do not disturb the occupants. Interior showings will be available only after an accepted offer. No sign at property.

3823 Delridge Way SW, Seattle

Listing courtesy of Marketplace Sotheby's Intl Rty.

$580,000

2544523 MLS ⋅ ACTIVE Status

Opportunity awaits with this well-located Lakewood duplex offering flexibility for both investors and owner-occupants. The vacant upper unit features approximately 1,284 square feet with 3 bedrooms and 1.75 bathrooms and is move-in ready, making it ideal for an owner occupant or for immediate rental income. The lower unit offers 2 bedrooms and 1 bathroom and is currently tenant occupied, providing existing income from day one. Each unit includes its own one-car garage, laundry hookups, washer and dryer, and ample onsite parking. The interiors of both unites were renovated, and the upper 3 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). Tenants pay their own utilities, helping keep operating expenses low. With reasonable market rents on the upper unit, the property offers a projected 5.5% cap rate. Conveniently located near shopping, schools, major freeways, and JBLM, this duplex presents an excellent opportunity to add to your investment portfolio or offset your housing costs by living in the spacious upper unit while generating income from the lower level.

2604 92nd Street S Unit #A/B, Lakewood

Listing courtesy of COMPASS.

$599,900

2544520 MLS ⋅ ACTIVE Status

Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, and vinyl flooring in the kitchen, bath, and laundry areas. The lower unit also offers 2 bedrooms and 1 bath with laminate and vinyl flooring throughout. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. Both unites received interior renovations, and the upper 2 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill and passed through to tenants along with utilities. The furnace and water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential and may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other.

8601 8603 Maple Street SW, Lakewood

Listing courtesy of COMPASS.

$605,000

2543565 MLS ⋅ ACTIVE Status

Excellent opportunity for investors and owner-occupants alike! This well-maintained duplex offers two 2-bedroom, 1-bath units with a total of 1,920 square feet and strong rental history. Current rents total $4,000/month, providing immediate income potential, while the layout and financing options make it equally appealing for those looking to live in one unit and offset their mortgage with rental income from the other. Situated on a generous lot in a convenient Burlington location, each unit enjoys its own fully fenced backyard, creating privacy and outdoor space rarely found in multifamily properties. Recent improvements include a new roof and updated flooring. One unit has been tastefully updated and shows beautifully, while the second offers an opportunity to add value over time. Both units feature functional floor plans with spacious living areas, two bedrooms, full bathrooms, and ample parking. Whether you’re looking to expand your investment portfolio, begin your real estate investment journey, or take advantage of a house-hacking opportunity, this property offers flexibility, upside potential, and a desirable location close to schools, shopping, dining, and easy I-5 access. Potential to put an RV on the lot for additional rental income. Buyer to verify. A rare chance to own an income-producing property with long-term potential in the heart of Skagit County.

11087 N Skagit Street Unit #A & B, Burlington

Listing courtesy of RE/MAX Whatcom County, Inc..

$550,000

2528049 MLS ⋅ ACTIVE Status

A well-located Bremerton triplex offering a rare blend of historic character, stable income, and broad investor appeal. Built in 1905, the property retains the early-century architectural detail that continues to resonate with Kitsap County renters and supports consistent occupancy. The building is configured as three units, all currently occupied by tenants, providing immediate in-place income with no downtime or lease-up risk. The property has operated as a reliable, low-maintenance multifamily asset for many years. Tenants are on utility-pay leases, operating expenses have remained predictable, and management history is well documented. The structure, layout, and long-term rental performance make this an attractive option for investors seeking a steady, easy-to-manage addition to their portfolio. Located near key Bremerton employment centers and amenities, the property benefits from a strong and diverse tenant base. Showings are available only after a mutually accepted offer, ensuring minimal disruption to residents and smooth continuity of operations.

926 Pleasant Avenue, Bremerton

Listing courtesy of John L. Scott Snohomish.

$659,950

2543640 MLS ⋅ ACTIVE Status

Discover the perfect house-hack or multi-generational living opportunity in Tacoma’s Fern Hill neighborhood. Beautifully remodeled, this home with an attached dwelling living like a duplex, giving you flexible options: live in one unit and rent the other, rent both, or keep loved ones close with separate, private spaces. The front unit features 2 bedrooms, 1 updated bathroom, its own washer/dryer hookups, luxury vinyl plank flooring, modern soft-close white cabinets, quartz counters, tile backsplash, and stainless steel appliances. A large front yard and driveway parking for 2 cars make it feel like its own standalone home. The back unit offers 3 bedrooms and 1 updated bathroom, with large windows that bring in abundant natural light, its own laundry hookups, and parking for up to 3 cars in the back area. The entire property is fully fenced with thoughtfully separated yard spaces for the front and back, ideal for pets, play, gardening, and outdoor entertaining while preserving privacy for each household. With a newer roof, siding, gutters, and furnace, much of the heavy lifting is already done. All of this is centrally located just minutes from Fern Hill’s local shops, restaurants, parks, grocery options, and convenient commuter routes, making it highly attractive to both future tenants and owner-occupants alike.

8823 S Yakima Avenue, Tacoma

Listing courtesy of COMPASS.

$990,000

2543571 MLS ⋅ ACTIVE Status

Modern, low-maintenance fourplex in the heart of Woodland, offering immediate stability and strong, proven income. Offered at its current appraised value, this property represents a secure investment from day one. The building has been beautifully remodeled with high-quality finishes, efficient mechanical systems, and a durable metal roof designed to keep ongoing capital expenditures minimal. Each unit is currently leased and performing, generating a reliable $6,645/month with remarkably low operational expenses. Situated in a prime, highly rentable location, tenants enjoy being just a short walk to Horseshoe Lake Park and under 20 minutes to Vancouver, WA. This is a rare opportunity to acquire a fully stabilized asset combining immediate cash flow, premium design quality, and predictable performance in one of SW Washington’s steadiest growth markets. Buyer to verify all information. Please do not disturb tenants; interior showings are available after an accepted offer. Owner/Broker.

302 3rd Street, Woodland

Listing courtesy of Pellego, Inc..

$930,000

2543065 MLS ⋅ ACTIVE Status

Turnkey opportunity in a prime Kent location! This newly renovated property offers exceptional flexibility for both homeowners and investors. Featuring two spacious 3-bedroom, 2-bath units, with Unit A offering 1,160 sq ft and Unit B offering 1,340 sq ft. Each unit includes its own private 220 sq ft garage and ample additional parking. Live in one unit and rent the other, create a multigenerational living setup, or explore income-producing opportunities. Each unit rented for $2,300/month prior to renovation, offering strong investment potential. Conveniently located across from the YMCA with easy access to shopping, dining, schools, parks, and commuter routes. No HOA and endless possibilities await!

11005 SE 248th Street, Kent

Listing courtesy of Pure Real Estate.

$700,000

2543188 MLS ⋅ ACTIVE Status

Exceptional investment opportunity in the heart of Wenatchee! This well positioned 5 unit multi family property offers an ideal location with convenient access to downtown, shopping, dining, and everyday amenities. The property features a desirable unit mix including (1) studio, (3) one bedroom one bathroom units, and (1) spacious three bedroom 1.5 bathroom unit. Current rents range from approximately $950 to $1,450 per month. Four of the five units have been thoughtfully remodeled, while the remaining unit has been maintained by a long term tenant, providing valuable rental history and stability. All utilities are tenant paid, helping maximize operating efficiency. Residents enjoy on site and street parking, as well as convenient on site coin operated laundry. With a strong Net Operating Income of approximately $55,913 and priced competitively with an estimated 8% cap rate, this property presents an excellent opportunity for investors seeking dependable rental income and long term value in the Wenatchee market.

330 Roosevelt Avenue, Wenatchee

Listing courtesy of Premier One Properties.

$545,000

2542840 MLS ⋅ ACTIVE Status

A unique opportunity in Historic North Everett—own TWO units for $545,000! Live in one and rent the other, create a multi-generational living arrangement, or add a great income property to your investment portfolio! This Duplex in the heart of Historic North Everett offers Mountain views, timeless charm, and strong income potential. This 2-story property features 1,518 sq ft of finished living space with two thoughtfully laid-out units. Unit A offers 2 bedrooms + office or use as 3rd bedroom and 1 bath, and convenient Washer & Dryer hook ups. Unit B offers 2 bedrooms and 1 bathroom—ideal for consistent rental demand or multi-generational living. Four off-street parking spaces provide added convenience and value for tenants and owners alike. The property’s classic character pairs seamlessly with a location that continues to perform. Just minutes from the Everett Marina, dining, shopping, and medical facilities, with easy access to major employers including Boeing, Everett Community College, and Naval Station Everett. Only 10 blocks from the future Light Rail Station! Convenient freeway access enhances daily commutes and long-term rental appeal. A rare opportunity for investors or owner-occupants seeking flexibility, location, and lasting value in a sought-after neighborhood. Upzoned to UR4. Investor Portfolio Sale! Additional property currently listed at 7945 9th Ave SW, Seattle WA 98106.

1931 McDougall Avenue, Everett

Listing courtesy of RE/MAX Elite.

$603,000

2542790 MLS ⋅ ACTIVE Status

A unique opportunity to own a duplex in West Seattle—live in one unit and rent the other, or add a well-maintained income property to your investment portfolio. At $603,000, this 2-unit property offers an attractive alternative to condo or townhome living with no HOA dues and the added benefit of rental income potential! Well-maintained duplex in a highly convenient Seattle location with strong rental appeal. The upper unit offers 3 bedrooms and 1 bath, filled with natural light, creating an inviting living space. The lower unit includes 2 bedrooms and 1 bath, providing flexibility for tenants or owner-occupants. Situated with a bus stop directly across the street, offering an easy ~10-minute commute to downtown. Property has been thoughtfully cared for, featuring a newer roof and fresh exterior paint completed during current ownership. Zoned LR1, presenting future development potential and long-term upside. Interior features a blend of wood flooring and wall-to-wall carpet for comfort and durability. Strong rental history with consistent demand, and tenants currently pay all utilities—helping maximize cash flow. There is a shared laundry room with Washer & Dryer plus additional storage space. An excellent opportunity for investors or those seeking a live-in income property in a prime, transit-friendly location. Investor Portfolio Sale! Additional property currently listed at 1931 McDougall Ave, Everett 98201.

7945 9th Avenue SW, Seattle

Listing courtesy of RE/MAX Elite.

$1,000,000

2541334 MLS ⋅ ACTIVE Status

Beautifully Maintained, Updated duplex offering breathtaking Puget Sound and Olympic Mountain views. Family-built, well-cared for and thoughtfully managed, this property reflects true pride of ownership and stewardship throughout. Each unit features 2 levels, 3 bedrooms, 2 bathrooms, one attached garage and a 1-car detached garage, providing the feel and functionality of a single-family home with strong tenant appeal. Recent capital improvements include both units fully renovated with quality finishes and modern updates. Rents remain significantly below current market levels, presenting an outstanding opportunity for future income growth and enhanced cash flow. Large windows capture panoramic water and mountain views, creating a living experience rarely found in multifamily properties. Located in a highly desirable University Place rental market with strong demand, this duplex offers a unique combination of quality construction, exceptional views, and value-add potential. An outstanding opportunity for investors seeking stable income, future appreciation, and long-term wealth creation.

1917 -1919 Willow Lane W, University Place

Listing courtesy of Keller Williams Rty Tacoma.

$1,000,000

2541333 MLS ⋅ ACTIVE Status

Beautifully Maintained Duplex offering breathtaking Puget Sound and Olympic Mountain views. Family-built, well-cared for and thoughtfully managed, this property reflects true pride of ownership and stewardship throughout. Each unit features 2 levels, 3 bedrooms, 2 bathrooms, one attached garage and a 1-car detached garage, providing the feel and functionality of a single-family home with strong tenant appeal. Recent capital improvements include one fully renovated unit with quality finishes and modern updates. Rents remain significantly below current market levels, presenting an outstanding opportunity for future income growth and enhanced cash flow. Large windows capture panoramic water and mountain views, creating a living experience rarely found in multifamily properties. Located in a highly desirable University Place rental market with strong demand, this duplex offers a unique combination of quality construction, exceptional views, and value-add potential. An outstanding opportunity for investors seeking stable income, future appreciation, and long-term wealth creation.

1911 -1915 Willow Lane W, University Place

Listing courtesy of Keller Williams Rty Tacoma.

$1,070,000

2542836 MLS ⋅ ACTIVE Status

Price Improvement at a 6 cap! Exceptional multifamily investment opportunity located at 1006 - 1010 on desirable Pioneer Avenue, this meticulously maintained triplex offers three spacious 2-bedroom, 1-bath units, each with its own attached one-car garage and additional on-site parking. The property has been thoughtfully updated and features well-appointed interiors that appeal to today's renters. Unit 1010 is equipped with an energy-efficient heat pump providing both heating and air conditioning, while the remaining units feature forced-air natural gas heat. A durable metal roof and consistent upkeep throughout reflect true pride of ownership and help minimize maintenance concerns. Tenants enjoy convenient access to Downtown Puyallup's shops, restaurants, parks, schools, and commuter routes, making this a highly desirable rental location. Whether you're looking to add a stable income-producing asset to your portfolio or seeking a quality investment in a strong rental market, this property offers an attractive combination of cash flow potential, excellent condition, and long-term value. Rarely does a turnkey triplex of this caliber become available in such a prime Puyallup location.

1010 W Pioneer, Puyallup

Listing courtesy of Cascade Properties & Invest..

$774,000

2541767 MLS ⋅ CONTINGENT Status

Exceptional Duplex Investment Opportunity on Over ½ Acre – No HOA! Welcome to this fully fenced rambler-style duplex situated on a quiet cul-de-sac in a desirable rural setting. Each spacious 1,300-square-foot unit offers a functional floor plan featuring 2 bedrooms, a flexible bonus room (office? gym? dining room, other?), 2 full bathrooms, full kitchen, dining area, family room, primary suite, gas fireplace, utility room with sink and cupboards, private patio, large front porch, and oversized attached 2-car garage with room for storage. Both units have recently updated luxury vinyl plank (LVP) flooring!Ideal for investors seeking immediate cash flow, this income-producing property includes an established tenant, making it a turnkey rental opportunity. Also perfect for owner-occupants looking to offset their mortgage by living in one unit while generating rental income from the other.Enjoy the best of both worlds—peaceful country living with no HOA restrictions and convenient access to Hwy 512, JBLM, shopping, dining, schools, and everyday amenities. With strong rental potential, a generous ½+ acre lot, ample parking, flexible living options, and no HOA, this South Hill duplex is an opportunity you won't want to miss!

11002 11004 72nd Avenue E, Puyallup

Listing courtesy of Berkshire Hathaway HS NW.

$1,375,000

2540936 MLS ⋅ ACTIVE Status

Rare mixed-use investment opportunity offering the ideal blend of commercial visibility and residential income. This well-maintained property features a beautifully updated storefront with display windows, lobby, kitchen, and bathrooms - perfect for an owner-user or a variety of retail, office, or service businesses. Behind the commercial space are 4 units of varying sizes, including a spacious 3 bed/2 bath apartment ideal as an owner’s residence or premium rental. Interiors have been thoughtfully updated while maintaining character, creating attractive living spaces that tenants love. Amenities include on-site coin-operated laundry, basement storage, & off-street parking spaces. A corner lot with excellent street visibility create a lasting appeal for both commercial & residential tenants, helping support long-term occupancy. Strong income history with room for future upside makes this an outstanding addition to any portfolio, while the live/work potential offers flexibility that’s increasingly difficult to find. Located in Tacoma’s vibrant Three Bridges/North Tacoma neighborhood, you’ll enjoy a highly walkable setting surrounded by popular coffee shops, local restaurants, boutiques, salons, parks, and neighborhood services. Just minutes from the University of Puget Sound, Proctor District, 6th Avenue, Ruston Way waterfront, and major commuter routes, this location continues to attract both residential tenants and thriving local businesses.

2102 -2108 N Oakes Street, Tacoma

Listing courtesy of Keller Williams Rty Tacoma.

$485,000

2538113 MLS ⋅ ACTIVE Status

Aggressively priced 7-unit apartment building with a strong rental history and clear value-add upside. The property features four 2-bedroom units and three 1-bedroom units, offering a desirable mix of living spaces for tenants. Rents are currently below market, creating a strong opportunity for future rental increases and improved cash flow.The building also includes a garage that can be used as a shop, tenant storage, or additional income-producing space. Conveniently located near public transportation, shopping, and everyday amenities, this property offers both stability and upside potential for investors looking to maximize returns.

1020 J Street, Hoquiam

Listing courtesy of Keller Williams Rlty Bellevue.

$998,750

2541782 MLS ⋅ ACTIVE Status

Turnkey investment opportunity in one of Lakewood's most sought-after rental pockets. This well-maintained fourplex features four 2BD/1BA units with in-unit washer/dryers. Three units are remodeled, leaving the fourth for immediate value-add upside. Excellent location just minutes from Joint Base Lewis-McChord (JBLM), Mount Tahoma High School, and Interstate 5. The property offers strong rental demand. Ample off-street parking and private patios complete an already compelling package. A rare chance to step into a largely stabilized asset with built-in growth potential - whether you're a seasoned investor or expanding your portfolio.

5607 76th Street W, Lakewood

Listing courtesy of Every Door Real Estate.

$725,000

2541795 MLS ⋅ CONTINGENT Status

Turnkey Duplex – Investment or Owner-Occupant Opportunity. Well-maintained duplex in a desirable Kitsap location near ferries, town, and commuter routes. One unit will be vacant at closing, offering the option to live in one side or maximize rental income. Each unit features 3 bedrooms, 2.5 baths, an attached garage, and additional off-street parking. The occupied unit is leased through December at $2,000/month plus $65/month for shared well water. Situated on a rare ¾-acre wooded lot, the property has seen major updates including a new roof, insulation, moisture barrier, Trex decks, and updated windows. This property has immediate income, strong rental appeal, and long-term flexibility.

1353 - 1355 Saddle Club Road SE, Port Orchard

Listing courtesy of Premier Real Estate Partners.

$4,500,000

2541407 MLS ⋅ ACTIVE Status

6%+ cap rate in the heart of West Seattle Morgan Junction! Six tax parcels one building. Acquire 1031 then sell one unit every 2 years make this an advantageous tax move? New construction modern design & luxury commercial grade finishes combined with ideal location check all the boxes for landlord & tenant. Sustainability meets low cost of ownership make this the ideal investment opportunity. Nearly green built w/HE Mitsubishi in-ceiling ductless heating/cooling, dual Panasonic energy recovery ventilators, HE hybrid recirculating HW & heated tile floors. Open floorplan, floor to ceiling windows, ideal for entertaining. Rooftop deck w/commanding Puget Sound & Olympic Mountain views. Primary suite has dual WIC's w/custom built-in closet systems, dual sink vanity & custom shower tile/glass. Off-street parking with EV chargers. Urban living at its finest, steps to the Morgan Junction, dining, coffee, craft beers, Zeek's Pizza & the unsurpassed local & international selections of the West Seattle Town&Country/Thriftway. Minutes to Lincoln Park for hiking/biking & beach combing & Colman Saltwater Pool Seattle's ONLY saltwater swimming pool. Easy to rent, low turnover new construction with all the amenities tenants want make this a landlords dream.

6318 41st Avenue SW Unit #A-F, Seattle

Listing courtesy of Columbia Partners Real Estate.

$1,350,000

2521673 MLS ⋅ ACTIVE Status

Outstanding investment opportunity in this solid 4-plex, built in 2006 and showing like new. Configured as two duplexes on one lot but permitted as a fourplex, each unit offers a generous 1,234 square feet with 3 bedrooms and 2 bathrooms—plenty of space to attract quality, long-term tenants. The exterior has been well maintained throughout, minimizing deferred maintenance concerns for a new owner. Conveniently located near 47th and South Tacoma Way, with easy access to shopping, dining, commuter routes and right next to the local school bus stop. A great addition for investors seeking a turnkey property with strong bones and dependable rental appeal.

4552 S Puget Sound Avenue, Tacoma

Listing courtesy of Redfin.

$2,250,000

2540788 MLS ⋅ ACTIVE Status

SELLER FINACNING! Excellent investment opportunity with proven cash flow and strong long-term stability! This 8-unit complex is ideally located near Wenatchee Valley College and centrally positioned for easy access to shopping, dining, and public transportation—supporting consistent tenant demand and strong occupancy. The property features a desirable unit mix of one 1-bedroom unit and seven 2-bedroom units, creating a balanced and reliable rent roll. All units are single-level flats with no units above or below, offering enhanced privacy and strong tenant appeal. Each unit includes a fireplace and in-unit washer and dryer, with select units featuring private patios. Additional amenities include covered parking for tenants and ample street parking for additional vehicles. The property has an exceptionally strong rental history, making it an ideal asset for investors seeking dependable income and long-term performance.

340 Pear Lane Unit #1-8, Wenatchee

Listing courtesy of CB Cascade RE - Lake Chelan.

$995,000

2540094 MLS ⋅ ACTIVE Status

Two-story mixed-use triplex on sunny corner lot in sought-after Fountain District oozes with charm and performs at a 6+ cap rate! Zoned Urban Village Commercial Transition which allows many redevelopment options - but this is no tear down. Originally built in 1925, all units have been fully updated and maintained by current owners. Commercial suite, remodeled in 2018, has welcoming front reception with 4 separate treatment rooms and a 5th room with sink which could be used for treatments or a break room. Upper level 2-bedroom apartment remodeled in 2025 with new carpet, paint and fixtures. Downstairs apartment remodeled in 2015 with new flooring installed in 2020. Property delivers a 6% cap rate with 2,376 sqft on the interior and a large graveled lot with 12 parking spots. Back patio / grotto is a perfect little secret which owners and staff use as an outdoor break room. Parcel is bigger than it looks as arborvitae hide additional lot square footage. Located within walking distance of popular shops and restaurants. Excellent traffic counts with high visibility retail presence. Owners will carry a partial loan with at least $500K down.

2701 Northwest Avenue, Bellingham

Listing courtesy of RE/MAX Whatcom County, Inc..

$879,900

2540485 MLS ⋅ ACTIVE Status

Versatile property offering a well-maintained duplex and expansive shop on nearly one acre in Centralia. Each single-story unit features 2 bedrooms, 2 bathrooms, updated windows, all appliances, separate septic systems, and individual power meters. The impressive 30' x 48' shop with a 24' x 36' extension is separately metered and equipped with two 14-foot doors, two 12-foot doors, and one 8-foot door, providing flexibility for storage, workspace, equipment, vehicles, RVs, or other permitted uses. Attractive landscaping, a partially fenced yard, and independent utilities enhance the functionality of this unique property. Whether seeking multi-unit housing, additional space for business or hobby needs, or future rental opportunities, this property offers a variety of potential uses in a peaceful Centralia setting.

2623 Sandra Avenue, Centralia

Listing courtesy of Dove Realty, Inc..

$650,000

2538264 MLS ⋅ ACTIVE Status

Updated Duplex in Burlington. Great Investor Opportunity! Each unit is 3 bedrooms & 1 bathroom, with separate fully fenced yards. Seller is currently renting rooms in Unit A for $900/mo – beginning to rent rooms in Unit B for the same, as well. Tenants on M2M leases. New buyer can inherit tenants, for immediate cash flow. Yards back up nicely to Burlington Hill, offering green space and a more private rural feel. NEW ROOF, newer appliances, updated kitchens, vinyl flooring, & electric fireplaces. More updates to come, seller is having gutters installed, plus interior trim, some painting, etc. Interior is light & bright. Each unit has a dedicated laundry area, including pantry, dining space, full kitchen & outdoor patio. RV Parking. Sited nicely at the end of the street, just off the cul-de-sac. NO flood insurance required. 24 Hours notice needed for tours – schedule your visit today!

11040 N Skagit Street Unit #A & B, Burlington

Listing courtesy of John L. Scott Snohomish.

$615,000

2534085 MLS ⋅ ACTIVE Status

Rare opportunity to own a well-maintained duplex tucked against a peaceful greenbelt/wildlife corridor, offering a unique blend of privacy, nature, & income potential. Backing to a year-round creek and protected natural surroundings, this property provides a serene setting where deer and local wildlife are frequent visitors. The upper residence offers a spacious and thoughtfully updated layout with 2 bedrooms, office, decorative fireplace, in unit laundry room w/W/D hookup + 1.5 baths w/private deck. Upgrades include granite countertops, newer cabinetry, laminate flooring, beautiful porcelain tile, vinyl windows and hot water heater (2024).Lower residence includes 2 bedrooms and 1 bath with fireplace, extra large in unit laundry w/W/D hookup, private patio, plus new hot water tank and new kitchen appliances (2024). Each unit has its own garage and access to the tranquil natural setting beyond. ** Whether you're an investor seeking a turnkey income property or an owner-occupant looking to offset your mortgage with rental income, this duplex offers flexibility, long-term value. Live in one while generating income from the other, or add a solid performer to your investment portfolio. New interior / exterior paint, 2024 new roof. ** Ideally located near Lk Steilacoom, shopping, dining, parks, Lakewood Towne Center. A rare combination of nature, functionality, and investment opportunity in a well kept neighborhood. Must see this beautiful, turnkey! Tour Unit A during inspection.

8701 72nd Avenue Ct SW, Lakewood

Listing courtesy of RE/MAX Northwest.

$239,900

2536933 MLS ⋅ ACTIVE Status

Investor Opportunity — Turnkey Duplex With Rental This fully-rented duplex is ready to step seamlessly into your investment portfolio. The upper unit offers 2 bedrooms/1 bath, while the main-level unit features 2 bedrooms/1 bath plus a convenient washer/dryer hookup. The main-level tenants also enjoy a spacious fenced backyard and a generously sized deck directly off the back door — an appealing amenity that supports long-term tenancy. Recent updates include a new hot water tank in the upper unit. Both units are rented at current market rates with leases already in place, providing immediate, predictable cash flow. A solid investment in a steady rental market.

2428 Pacific Avenue, Hoquiam

Listing courtesy of Hidden Coast Homes.

$2,900,000

2539066 MLS ⋅ ACTIVE Status

12-unit multifamily investment opportunity located in Seattle’s Capitol Hill neighborhood directly adjacent to Seattle Central College and the Capitol Hill Link Light Rail Station. Built in 1959, Harvard Court is situated on an 8,960 SF lot and offers strong in-place income with additional rental upside potential. Property features excellent access to downtown Seattle, with a direct light rail connection to Westlake Station in approximately 4 minutes. The location provides walkable access to shopping, dining, nightlife, and major employment centers throughout Capitol Hill and downtown. Zoned MIO-105-NC3-55 (M), the site also offers future redevelopment potential with zoning allowing heights up to 105 feet across a variety of permitted uses. Rare opportunity to acquire a well-located multifamily asset in one of Seattle’s strongest urban rental markets.

1818 Harvard Avenue, Seattle

Listing courtesy of Congress Realty.

$1,250,000

2538650 MLS ⋅ ACTIVE Status

Exceptional investment opportunity in the heart of Burien with a strong rental history. This well maintained 4-plex features four spacious 2-bedrooms, 1-bath units, each unit features a functional open flowing floorplan with a large kitchens, in unit washer and dryers plus a private covered patio. These units are perfect for entertaining, pets, gardening or just plenty of room to relax or play. This centrally located gem offers endless potential. Situated on a large, level corner lot, the property includes 18 parking spaces.Ideally located just minutes from downtown Seattle, Sea-Tac Airport, schools, parks, shopping, and public transit, with quick access to I-5, Highway 99, and SR-509. The property is zoned MU-1 (Mixed Use 1), allowing for future development potential of up to five stories. Whether you're seeking immediate cash flow or long-term redevelopment opportunities, this turnkey asset offers outstanding value and significant upside potential. Please do not disturb tenants.

259 S 156th Street Unit #1-4, Burien

Listing courtesy of Urban Pacific Real Estate.

$699,975

2537291 MLS ⋅ ACTIVE Status

Excellent Duplex Opportunity off Danforth Drive at 94th Ave. Each unit has been updated and is 2 bedroom per side with 1 bath per side, plus a den/office. Great investment property with strong consistent rental income. One unit is currently rented at $2,150 per month and the other new updated unit is $2,250 per month. Situated on a sunny one acres parcel with great drainage, this property offers low maintenance & minimal annual expenses. The property has easy to care for vinyl siding, nicely landscaped yards, adding to the overall value & ease of ownership. Easy rental history in this quiet serene area. Quiet low traffic area on a private road off Danforth Ave. Sunny southern exposure off the back porch/deck for entertaining and room to play and run. Strong rental appeal & returns make this an excellent rental property. Property is approximately 163 by 267 plus or minus.

13023 94th Avenue NW, Wauna

Listing courtesy of Windermere Prof Partners.

$875,000

2537918 MLS ⋅ ACTIVE Status

Investment opportunity with an established triplex generating income from long-term tenants on 5 irrigated acres. Whether you're looking to expand your investment portfolio, secure a property with immediate cash flow, or create a future homesite with acreage, this versatile property offers both income and potential. The triplex consists of three residential units is offered fully furnished, including all appliances and washer/dryer sets in each unit. With tenants already in place, a new owner can benefit from existing rental income from day one while exploring future possibilities for the property. The usable acreage is served by a shared well and irrigation water, providing room to enjoy a rural lifestyle, establish gardens or hobby farming, or simply hold as a long-term investment. The combination of income-producing residential units and acreage creates a unique opportunity that is increasingly difficult to find. Conveniently located while offering the space and privacy of country living, this property appeals to investors, multi-generational living arrangements, or buyers seeking a blend of income and land ownership. Continue operating the property as a successful rental investment or explore the possibilities that come with owning five usable acres in a desirable setting.

18547 Camp 12 Road, Leavenworth

Listing courtesy of Engel & Voelkers Mercer Island.

$799,000

2535696 MLS ⋅ ACTIVE Status

Complete exterior paint completed in summer of 2024. Professionally managed quadplex abuts Panther lake and walking trails. Fully occupied units, One bed/one bath units for easy rentability, All units have Washer/dryer, fireplaces, DW, balcony or deck. 4 Covered carport may tandem park and 3 uncovered guest spots. Community sports court and play area,. Very close to all shopping needs of big box and boutique shops. I-5, Hwy 18 and 99 access. Federal Way Light rail completed December 2025. Maybe a good property for owner occupied for easy finance. MLS 2501184 is also listed next door to make it a great assemblage portfolio.

34025 1st Place S, Federal Way

Listing courtesy of Skyline Properties, Inc..

$1,750,000

2537397 MLS ⋅ ACTIVE Status

11BD/5BA Rooming House. This unique property consists of a 1910 construction 3,900 sq ft building with a mix of apartment units and rooms with shared spaces, well suited to the University/Ravenna rental market. Ravenna House is ideally positioned to meet the high demand for student housing with its proximity to the University of Washington campus, University Village, and convenient access to Sound Transit link light rail and bus lines for quick commutes to downtown Seattle. Legally a duplex, the building comprises of 11 bedrooms and 5 bathrooms. This property offers an excellent investor opportunity to acquire a property that is primed for future appreciation in one of the city’s best rental markets and has additional value potential through renovation.

5604 17th Avenue NE, Seattle

Listing courtesy of Westlake Associates, Inc..

$750,000

2533270 MLS ⋅ ACTIVE Status

Excellent Multi-Family investment opportunity! This fully updated 5-plex features four spacious 2-bedroom, 1- bathroom units, and one 3-bedroom, 1-bathroom unit. Every apartment has been completely remodeled from top to bottom, including upgraded light fixtures and with two units boasting premium quartz countertops. New Exterior paint makes this 5-plex pop! Designed with comfortable, functional layouts, the property includes covered parking, individual exterior storage units, and a communal laundry facility. With strong rental history and consistent revenue, this turnkey property is a solid addition to any portfolio.

1521 9th Avenue, Longview

Listing courtesy of Realty One Group Northstars.

$1,200,000

2531852 MLS ⋅ ACTIVE Status

Turnkey 2019 Quadplex with Bonus Storage Income! Rare investment opportunity to own a high-performing, modern 4-plex built in 2019. Designed for maximum tenant retention and low maintenance, this property features an incredible unit mix of spacious 4-bedroom and 3-bedroom floor plans, each equipped with 2.5 bathrooms. Tenants love the premium amenities, including fully fenced backyards for private outdoor living, and an attached 2-car garage plus additional on-site parking for guests or extra vehicles. In addition to strong residential rent, this property includes 2 storage units providing additional monthly income.

1877 Ahlers Avenue, Centralia

Listing courtesy of Real Estate Marketing Group.

$414,950

2534628 MLS ⋅ ACTIVE Status

Great Investment Opportunity! This duplex in Centralia offers strong income potential and flexibility for investors or owner-occupants. Each unit features comfortable living spaces, functional kitchens, and spacious bedrooms. Kitchen updates provide added appeal, while the generous lot offers fenced yard space and off-street parking. Conveniently located near shopping, dining, schools, and everyday amenities with easy access to major commuter routes. Whether you're looking to expand your portfolio, or live in one unit while renting the other, this property presents a valuable opportunity in a growing market. Don't miss the chance to invest in Centralia real estate. | Updated Kitchens | Newer Roof | Updated Flooring |Quartz Countertops | 1800 SQFT | 4 Beds | 2 Baths |

509 W Cherry Street Unit #507, Centralia

Listing courtesy of Windermere Prof Partners.

$2,949,950

2535283 MLS ⋅ ACTIVE Status

Turnkey multifamily investment opportunity in Port Angeles — 14 units across two tax parcels, 100% leased with zero vacancies, delivering immediate cash flow from day one. The 12-unit apartment building has had 8 of the units fully refreshed throughout, updated and move-in ready. A brand new roof was installed in 2024, protecting your investment from day one. A second parcel adds a single-family home and single-wide manufactured home, rounding out a diversified income portfolio. Several units are currently below market rent, offering strong upside potential through natural turnover — ideal for investors seeking a value-add play or 1031 exchange opportunity. The second parcel also carries potential for up to 7 additional units, subject to buyer verification with Clallam County, making this a compelling development opportunity in a supply-constrained market. Located in the heart of Port Angeles — gateway to Olympic National Park, minutes from the Strait of Juan de Fuca waterfront, downtown dining, and the Coho Ferry to Victoria, BC. Strong rental demand driven by tourism, healthcare, and a growing remote workforce makes this a high-visibility rental market with lasting fundamentals. Stabilized asset. Fully occupied. Renovation complete. Room to grow.

2938 E Walnut Street, Port Angeles

Listing courtesy of Ideal Real Estate.

$949,000

2535378 MLS ⋅ ACTIVE Status

Completely updated in 2021. This 4-bedroom home lives like a 5 bedroom in a highly sought-after Puyallup neighborhood, featuring stunning Mt. Rainier views! The main level offers 3 bedrooms, a full bath, and a spacious open-concept kitchen with granite countertops, abundant cabinetry, and seamless flow into the large living and dining areas. Cozy up to the propane fireplace or enjoy entertaining in the bright, functional layout. Attached 1-car garage offers added convenience.The lower level has its own separate entrance and functions perfectly as an ADU or multi-generational living space. It includes 1 bedroom, a full bath, large kitchen area, spacious living room with propane fireplace, and an office that could serve as a second bedroom. Step outside and enjoy the full-length covered patio, perfect for year-round entertaining. Impressive 24' x 30' detached shop that is insulated and sheetrocked, complete with an 8-foot-deep storage area accessible from the outside of the shop. RV parking. Covered metal building to store all the toys and equipment. This versatile property offers endless possibilities for extended living, rental income, hobbies, or home-based business needs. Added development potential with a conceptual preliminary short plat already completed. 5 bedroom septic design and soil logs have been finished, and the county has provided preliminary approval for either a duplex lot or single-family building lot. Seller will pay buyers side of title and escrow.

11605 67th Avenue E, Puyallup

Listing courtesy of John L. Scott, Inc..

$850,000

2533886 MLS ⋅ ACTIVE Status

Rare Turnkey Tri-Plex Opportunity – Perfect for Investors or House Hackers! Don’t miss this exceptionally maintained, income generating tri-plex offering the ultimate blend of stability and immediate upside. Whether you are an investor looking for a low maintenance addition to your portfolio or an owner occupant looking to "house hack" and let your neighbors pay your mortgage, this property delivers. The heavy lifting has already been done: Enjoy total peace of mind with a brand new roof, all new exterior siding, and fresh exterior paint. This turnkey exterior means remarkably low future maintenance costs and a secure, protected asset from day one. Perfect for an Owner Occupant: The middle unit is currently vacant and fully updated with modern finishes. It is completely move in ready for a buyer, or primed to immediately lease at top of the market rent to maximize your Cap Rate. The remaining two units offer stable, existing income to offset your expenses. Centrally located with convenient access to local shopping, parks, and major commuter routes, driving high tenant demand and low vacancy rates. Turnkey multi-family properties with the big ticket items already completed!

18440 Killarney Circle, Monroe

Listing courtesy of Every Door Real Estate.

$2,000,000

2531319 MLS ⋅ ACTIVE Status

Oak Harbor Terrace, a 14-unit multifamily investment opportunity located in Oak Harbor. The property offers investors an attractive combination of stable in-place cash flow and clear upside potential in a supply-constrained rental market supported by Naval Air Station Whidbey Island. Originally constructed in 1959, the property includes approximately 7,295 square feet of net rentable area across three buildings: a fourplex with a ground-floor commercial space, a nine-unit apartment building, and a single-family residence. The efficient unit layouts are well suited to local workforce housing demand. The asset provides meaningful opportunity to enhance income through rental rate growth, utility reimbursement optimization, and operational improvements.

33020 State Route 20 Unit #1-14, Oak Harbor

Listing courtesy of Windermere/Whidbey Mgmt Serv..

$905,000

2531662 MLS ⋅ ACTIVE Status

Price Improvement! Incredible value | Rental Duplex | Each unit features 3 bedrooms, 2.5 baths, and an attached 2-car garage | Phenomenal 6.03% CAP Rate. Fantastic opportunity to own a high-yield investment property in South Everett with opportunity for future rental upside. This well-maintained duplex offers stable rental income from long-term tenants in both units. Each unit features a highly desirable floor plan with a main-level primary suite, including a skylit ensuite bath, kitchen open to living and dining, and a skylit half-bath. The lower level includes two additional bedrooms, a full bath, a laundry closet, and direct access to the attached side-by-side 2-car garage. Low-maintenance and easy to manage, this property is ideally located near public transit, the public library, shopping, dining, schools, and other everyday amenities. Tenants are not aware of the sale. Please do not disturb tenants. Showings and inspection after mutual acceptance. Listing Broker is one of the Sellers.

9312 4th Avenue W Unit #A & B, Everett

Listing courtesy of WeLakeside.

WA MULTI FAMILY WTIH REAL ESTATE WITH A CAP RATE ABOVE 6%

The listings below reflect investment opportunities in Washington State for active multi-family homes for sale with a cap rate above 6 percent. If you're looking for a return-on-investment property these may be a great opportunity.

Should you have a request for structure type such as duplex, triplex, 4plex or commercial multifamily real estate with 5 or more units, specific areas of interest, a cap rate higher than 6% or requested criteria otherwise. Conat me anytime to set up search notification for any requested criteria.

WA multi Family Real Estate with high capitilozation rate

Alex Foraker

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