Refine Search
Map
Sort by
$1,395,000
2556067 MLS ⋅ ACTIVE Status
1822 S King St is a Walkers Paradise with a walk score of 94, placing residents within easy reach of Downtown Seattle, major hospitals, neighborhood restaurants and shops, and convenient transit options. Constructed in 1988 and with a full-gut renovation in 2001, the building features modern systems, updated siding, and upgraded exterior stairs. Units fully renovated in 2019 with contemporary finishes, including updated kitchens and bathrooms, in-unit laundry, and 3 of four units with dishwashers. The property offers an attractive and efficient unit mix consisting of 3 one-bed units and 1 two-bed unit. The upper units each have 2 operable skylights and views of Downtown Seattle, the Olympics, and the Stadium. Each unit has its own private patio, providing desirable outdoor space rarely found in similar properties. Additional amenities include 4 off-street parking spaces. Notably, the property has demonstrated success as a short-term rental, with 1 of the one-bed units currently furnished and achieving stable income diversification. This presents a proven model for additional income generation across other units, while also offering flexibility for a future owner to pursue a mix of short-term and long-term rental strategies. With strong in-place operations, additional upside through the implementation of utility bill-backs, and a proven alternative short-term rental income strategy, the property offers investors both stability and future income growth potential.

1822 S King Street Unit #A-D, Seattle

Listing courtesy of Kidder Mathews.

$850,000
2555897 MLS ⋅ ACTIVE Status
This Victory Heights rambler sits well back from the street, on a flat, private lot where a wooded ravine forms the back edge and mature trees filter the light all day. Sunny corners for morning coffee, shaded ones for late afternoon, and a quiet you notice the moment you step outside. Nearly a decade of thoughtful, documented work shows in every room. Bamboo floors run throughout. The primary suite carries a vaulted ceiling, heated floors underfoot, and a calm, bright spa bath with a rain shower, soaking tub, and tile work done right. Windows and doors replaced, attic and crawl spaces insulated, new furnace with enhanced filtration, on demand hot water, whole house generator wired in. Nothing here was deferred. Outside is where it opens up. A covered patio extends the season for grilling and gathering, with separate zones for working and for sitting still. Raised garden beds, pavers, pea gravel paths, and turf mean weekends are spent enjoying the yard instead of fighting it. An insulated, powered greenhouse waits for the gardener. The detached cottage out back has its own entrance, kitchenette, full bath, and loft, a private second space that works as a guest suite, a home office, a studio, or a place for extended family close by but on their own. Meadowbrook Community Center with its pool and tennis courts sits minutes away, along with schools, bus lines, shops, restaurants, and the Lake City Farmers Market. Close to everything and quiet enough to hear the trees.

11350 28th Avenue NE, Seattle

Listing courtesy of Windermere R.E. Shoreline.

$2,450,000
2555010 MLS ⋅ ACTIVE Status
The property sits in one of North Seattle’s fastest-improving rental corridors. The location is further supported by Sound Transit’s new Shoreline South/148th light rail station and direct bus access to downtown Seattle. The offering represents an operational value-add opportunity. The asset is in good physical condition, bolstered by recent capital improvements including a new TPO membrane roof (2023), upgraded electrical panels (2024), and replaced window panes (2025). With the option to upgrade units on turnover and capture premium rents as leases roll, and with scheduled rents below market and no utility bill-back currently in place, a new ownership group can grow income through natural lease turnover, selective unit upgrades, and the implementation of a utility recapture program, meaningfully lifting NOI. At market operations, the offering achieves a 7.4% cap rate and a 9.7% cash-on-cash return, giving new ownership strong performance upside as rents are brought up to market. At just $238 per square foot and $175,000 per door, the property presents an exceptional basis for a 1980s-built asset, well below recent comparable sales in the area. Current in-place rents average $1,205 for the eleven one-bedroom units and $1,617 for the three two-bedroom units, while comparable properties in the area are achieving approximately $1,550 and $1,875.

712 N 143rd Street, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$969,000
2551090 MLS ⋅ ACTIVE Status
Classic Phinney Ridge triplex in one of Seattle's most sought-after neighborhoods. Perched above the street just one block from the vibrant Phinney/Greenwood business district, this well-maintained 1918 Craftsman features three 1-bedroom, 1-bath apartments, each with a private entrance, full kitchen, in-unit laundry, separately metered electricity, and tenants pay all utilities. Major capital improvements include updated plumbing & electrical, electrical panels, windows, French drain, mini-split heating & cooling in the two main-level units, and renovated bathrooms. Outstanding walkability to neighborhood restaurants, coffee shops, Woodland Park Zoo, Green Lake, Ballard, Fremont, and public transit. Rare opportunity to own a classic Seattle investment property in an exceptional location.

303 N 64th Street, Seattle

Listing courtesy of Real Broker LLC.

$1,800,000
2554587 MLS ⋅ ACTIVE Status
Well-maintained six-unit multifamily property located in the heart of Ballard, one of Seattle's most sought-after rental markets. Two units have been fully renovated within the past year, while the remaining four have been tastefully updated in recent years and are in excellent condition. Ideally situated within walking distance of Ballard's vibrant Market Street, residents enjoy convenient access to popular restaurants, shops, breweries, parks, and everyday amenities. On-site coin-operated laundry provides additional income, and two garage spaces offer the potential for future revenue. With a strong location, quality updates, and room for continued rental growth, this property presents an outstanding investment opportunity.

2209 NW 59th Street, Seattle

Listing courtesy of North Pacific Properties.

$1,450,000
2554462 MLS ⋅ ACTIVE Status
A 1926 Spanish Revival, distinguished by endless details, limewashed walls, porous stones, and an organic-modern redesign. The heart of the home is a newly designed kitchen, anchored by a warm, natural stone waterfall island, custom oak-style cabinetry and luxury stainless steel appliances. Downstairs, the FULLY permitted ADU offers its own kitchen, 2 bedrooms, an office, it's own private entrance, and generous living space—ideal for rental income, extended stays or multigenerational living. Fully permitted rewire & plumbing. Outside, enjoy a solar-heated pool and lush backyard oasis, just walking distance from Green Lake. With new windows, a newer roof & mini-splits, this home seamlessly blends Spanish charm w modern comfort at every turn.

1128 N 77th Street, Seattle

Listing courtesy of Heaton Dainard, LLC.

$2,995,000
2554111 MLS ⋅ ACTIVE Status
We are pleased to present Marguerite Manor, an 11-unit apartment community located in Seattle’s highly desirable Queen Anne neighborhood. The property encompasses approximately 7,032 square feet of net rentable area and features a unit mix of ten spacious one-bedroom apartments and one expansive three-bedroom penthouse with sweeping views of the Seattle skyline and Lake Union. Current ownership has implemented several significant capital improvements in recent years. The building features a durable brick façade along the front elevation, while the rear exterior was extensively rebuilt, resided, and repainted in 2015. Additional exterior upgrades include the installation of a high tech roof in 2019, and new decks in 2020. Residents benefit from on-site common laundry facilities and dedicated off-street parking consisting of six open stalls and two tandem spaces located at the rear of the property. Situated within Queen Anne, Marguerite Manor offers investors a combination of stable in-place income, strong renter demand, and long-term appreciation potential. The property’s location, recent capital improvements, and attractive unit configuration position it as a compelling multifamily investment opportunity in one of the Pacific Northwest’s most sought-after urban submarkets.

565 -569 Lee Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$1,395,000
2553650 MLS ⋅ ACTIVE Status
Perched above street level in highly desirable Beacon Hill location, this updated 4,220 sqft. 4-plex offers a blend of scale, flexibility, and rental upside. Property features 6Br/5Ba across 4 spacious units on a 5,040 sqft. LR2 lot, with 4 uncovered alley-access parking spaces. Enjoy exceptional transit access—just 5 blocks from the Beacon Hill light rail station and approx. 10 blocks from newly opened East Link at Judkins Park—with easy connections to I-5, I-90, downtown Seattle, Bellevue, schools, parks, and neighborhood amenities. Unit 1 (first floor) spans approx. 1,400 sqft. offers a 1Br/1Ba layout with living room, kitchen & dining area. Unit 2 (main floor) also approx. 1,400 sqft. with 2Br/2Ba, including a primary ensuite, and a recently updated kitchen featuring S/S appliances, granite counters, handsome cabinetry, and direct access to the gated backyard. Unit 3 occupies the front portion of the upper floor, approx. 600 sqft. with 1Br/1a, a kitchen with dining space, and a generous living area. Unit 4, located at the rear of upper floor, approx. 800 sqft. with 2Br/1Ba, ample living room and dining, and a bright kitchen opening to a private deck for extended living space. Notable features include good ceiling heights throughout, LVP & hardwood floorings, 2 water heaters, coin-op washer & dryer, and extra storage. A rare opportunity to own a well-located multifamily asset with strong livability, transit convenience, excellent bike and walk scores, and future potential.

2021 15th Avenue S, Seattle

Listing courtesy of John L. Scott Des Moines.

$2,525,000
2553931 MLS ⋅ ACTIVE Status
The Monterey Apartments feature elegant and timeless architecture that appeals to a broad spectrum of renters seeking character and warmth not found in typical new buildings. There are a total of 13 apartments with a balanced mix of spacious studios and one-bedrooms and a large (1,253 SF), recently renovated two-bedroom plus den floor plan. The units are inviting and comfortable, with tall ceilings, beautiful original hardwood floors, efficient floor plans, charming period details and great natural lighting. Units on the upper floor enjoy wonderful territorial views of Green Lake and Greenwood.

8008 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,150,000
2552878 MLS ⋅ ACTIVE Status
Welcome to this well-positioned investment opportunity in the heart of Seattle's trendy Ballard neighborhood. Located at 824 NW 64th Street, this charming triplex offers a compelling mix of rental income and neighborhood appeal. Constructed in 1968, the building features three units — two approximately 875 sq. ft. (2 bed / 1 bath) and one at roughly 1,100 sq. ft. (2 bed / 1 bath) — totaling about 2,850 sq. ft. of rentable space. The lot spans approximately 5,000 sq. ft. and is zoned NR3, offering future flexibility. The property includes a two car garage and a spacious backyard. The property is within walking distance of Ballard's vibrant nightlife including restaurants and breweries.

824 NW 64th Street, Seattle

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.

$924,999
2552871 MLS ⋅ ACTIVE Status
Spacious corner-lot home with a large yard, beautiful views of the Olympic Mountains, and a separate lower-level living space ideal for multigenerational living. The larger upper home and private lower unit provide the opportunity to maintain comfortable, independent living spaces. The lower kitchen was renovated in 2021, and the upper kitchen was renovated in 2025. Both kitchens feature dishwashers and garbage disposals. Additional improvements include a new mini-split heating and cooling system in 2023, including replacement of the outdoor unit and the addition of two new indoor systems, bringing air conditioning to the lower level. The upper home also features an updated bathroom, new tile flooring, and new carpet in the bedrooms, while the lower level received new flooring in 2021. The generous yard, corner-lot setting, mountain views, and two fully equipped living spaces create a unique setup for guests or flexible household needs.

9725 Phinney Avenue N, Seattle

Listing courtesy of COMPASS.

$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.

$1,210,000
2551898 MLS ⋅ ACTIVE Status
Phinney Ridge spacious duplex near Woodland Park with stable income and strong upside potential. Exceptional property for an investor completing a 1031 exchange or looking to expand a multifamily portfolio. Each unit offers over 1300 sq ft of living space with 2 bedrooms and 1.75 bathrooms providing tenants an abundance of space to relax, work from home or find privacy. Additionally, there is over 1100 sq ft of unfinished basement space with separate entrance, offering a blank canvas for your ideas. Each unit has a w/dryer. Enhance your investment through future upgrades to the existing units while potentially adding another unit or creating unique amenities for yourself or for your tenants in the lower level. The property is zoned LR1(M) on a 5,000 sq ft lot offering future development potential. Both units currently occupied by tenants, providing immediate rental income. The exterior was refreshed in June 2026, all siding, window trim, deck, patio, railings & stairs professionally washed & painted. Fully fenced grassy backyard, 1 car-gar & driveway parking. Convenient commuter access to downtown Seattle or Eastside, including nearby public transit. Enjoy Woodland Park Rose Garden and nearby Green Lake & Fremont restaurants and cafes. Fantastic opportunity to acquire an income-producing property today with the option to owner-occupy in the future in one of Seattle's most desirable neighborhoods. Buyer to verify all information & permitted uses to their own satisfaction.

4707 Phinney Avenue N, Seattle

Listing courtesy of eXp Realty.

$1,200,000
2551244 MLS ⋅ ACTIVE Status
Perched high above the street, in one of Seattle's most reliably rented neighborhoods, this triplex provides a genuine sense of privacy and security to tenants, a sought-after respite increasingly rare in urban Seattle. These features, plus four parking stalls on a private dead-end alley, in-unit laundry, and northwest facing decks translate directly into tenant stability.All three units are currently occupied. Financials include a normalized cap rate on actual rents. The normalized figure removes one-time repairs, costs not inherited by a new owner. The vacancy reserve is a conservative underwriting cushion, not a reflection of this property's rental history.Unit 1 produces strong income today with fireplace, full appliances, and a private deck. Units 2 & 3 rents are below Interbay market rate for in-unit laundry 1BRs, offering a clear path to a higher cap rate and upside potential without capital investment.Solidly built, this triplex features a standing metal roof, copper plumbing, and fresh exterior paint. Added storage in the 330 SF flexible basement. Native landscaping keeps grounds simple to maintain with minimal costs. Fix up interiors on your timeline and collect strong rents in the meantime.Zoned LR1(M) on a 6,000 SF lot with alley access along a corridor that attracts density & long-term investment. This Interbay triplex offers a stable, fully occupied diamond-in-the rough asset with clear upside potential & multiple paths to improved returns.

3438 14th Avenue W, Seattle

Listing courtesy of Engel & Voelkers Seattle DT.

$1,600,000
2550329 MLS ⋅ ACTIVE Status
We are pleased to present the Bertona Apartments, a 7-unit apartment community built in 1958 in Seattle’s coveted North Queen Anne neighborhood, delivered fully vacant at closing. This rare offering gives investors and owner-occupants the immediate ability to lease all units at current market rents, pursue targeted renovations, or both, with no inherited lease obligations. The building offers seven one-bedroom units with efficient layouts, 8 surface parking spaces, and a dedicated common laundry and storage area. The top floor unit is a standout, canal views and a large private deck make it an ideal owner-occupant penthouse or a premium rental commanding top-of-market rents. A comprehensive capital improvement program addressed building envelope repairs and plumbing upgrades in 2017, a full roof replacement in 2006, electrical upgrades in 2024, and new flooring throughout, allowing a new owner to direct capital toward light interior finishing rather than deferred maintenance. Positioned in North Queen Anne with seamless access to Fremont, Ballard, Interbay, South Lake Union, and Downtown Seattle, and within easy reach of Apple, Anthropic, Meta, Google, Amazon, and Expedia, the Bertona Apartments sit in one of Seattle’s most consistently in-demand rental submarkets. With a well-maintained building, a compelling owner-user opportunity, and a fully vacant delivery, this is an immediately executable opportunity to lease, reposition, and maximize returns from day one.

650 W Bertona Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$2,800,000
2550353 MLS ⋅ ACTIVE Status
We are pleased to present the Cremona Apartments, an 11unit apartment community built in 1961, offered to the market fully vacant at closing. This rare delivery provides investors and owner-occupants alike the immediate ability to lease all units at current market rents, pursue targeted renovations, or both with no displacement concerns and no inherited lease obligations. The building offers a well-rounded unit mix of one studio, six one-bedrooms, one one-bedroom plus den, and three two-bedrooms, set on a quiet residential street with six surface parking spaces. The common area, which houses individual storage units and a shared laundry hookup, is generously proportioned and may present an opportunity to incorporate into the adjacent studio unit as additional net rentable space, buyer to verify. Centrally positioned between Ballard, Fremont, South Lake Union, and Downtown Seattle, residents enjoy convenient access to the city’s most active employment corridor, with Meta, Apple, Anthropic, Google, Amazon, and Expedia all within easy reach. The Cremona Apartments represent an immediate executable opportunity in one of Seattle’s most desirable and supply-constrained neighborhoods. Delivered vacant, priced for today’s market, and positioned within minutes of Seattle’s strongest employment and lifestyle anchors, this is a rare chance for a new owner to set rents, define the tenant profile, and reposition the asset from day one with zero friction.

34 W Cremona Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$3,400,000
2550372 MLS ⋅ ACTIVE Status
We are pleased to present the Emerson Apartments, a 12-unit apartment community built in 1965 in Seattle’s coveted North Queen Anne neighborhood, delivered fully vacant at closing. This rare offering gives investors and owner-occupants the immediate ability to lease all units at current market rents, pursue targeted renovations, or both, with no inherited lease obligations and no displacement concerns. The building offers 6 1BD and 6 2BD with spacious bedrooms, living areas, and select units featuring private decks with canal views. There are 12 surface parking spaces and a dedicated laundry and storage room on each of the 3 floors. Major systems are addressed: new siding and exterior painting in 2002, a roof replacement, electrical upgrades in 2023 and 2024, and interior renovations in 2015 covering new appliances, kitchen and bathroom remodeling, and new exterior doors throughout. A new owner can direct capital toward light interior value-add rather than deferred maintenance. Positioned on W Emerson Street, the Emerson Apartments offer seamless access to Interbay, Fremont, Ballard, South Lake Union, and Downtown Seattle, with major employers including Apple, Meta, Anthropic, Google, Amazon, and Expedia all within easy reach. With a well-maintained building and fully vacant delivery, the Emerson Apartments represent an immediate executable opportunity to lease, reposition, and maximize returns from day one.

600 W Emerson Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$1,475,000
2549145 MLS ⋅ ACTIVE Status
The property has a unique unit mix comprised of a 1BD/1BTH unit with a patio, a 2BD/2BTH unit with a deck and a penthouse unit that is a 2BD/2BTH plus an office loft. The penthouse is a townhouse style unit with a deck off the main floor and a second deck on the roof with an office attached to it. The middle unit has peak-a-boo views of Lake Union and the penthouse main floor deck and rooftop deck have panoramic 180 degree views of Lake Union, Downtown Seattle, and Gas Works Park. The penthouse unit is perfect for an owner-occupant or can be rented for significant rental income. The property provides opportunities to add value and capture significant rental upside by performing cosmetic touches to the well maintained, spacious units. The ground level 1BD/1BTH is believed to be a non-conforming unit. The Eastlake neighborhood is in a central location as it is only a 5-minute drive to Downtown, The University of Washington, Capitol Hill, and Queen Anne. The property is located one block off Eastlake Ave E where residents enjoy an array of shops, services, and dining options.

2215 Yale Ave E, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$2,500,000
2544198 MLS ⋅ ACTIVE Status
Prime Columbia City LR3 (M) Site — Fully Rented Income Property Outstanding investment opportunity along the MLK transit corridor. This LR3 RC (M)-zoned property sits just blocks from the Columbia City Light Rail Station and is fully rented, providing immediate income while offering strong long-term redevelopment potential. The site features gentle topography, solid solar exposure, and frontage along a major arterial with full sidewalks and light rail transit access. 5 minutes walk Surrounded by single-family, townhome, and multifamily developments, this location supports a wide range of future residential uses. Perfect for investors seeking cash flow now with development upside later in one of Seattle’s fastest-growing urban villages.

5050 MARTIN LUTHER KING JR WAY S, Seattle

Listing courtesy of Skyline Properties, Inc..

$1,699,950
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.

$1,300,000
2542614 MLS ⋅ ACTIVE Status
Welcome to this prime Ballard triplex, an exceptional opportunity for investors looking for a well-maintained, income-producing asset in a highly walkable and sought-after Seattle neighborhood. Currently fully tenant-occupied, rents in two units were recently increased to closely reflect current market value, offering a solid foundation with a clear path for continued growth. Two of the units were fully renovated, and every unit comes fully equipped with a range, refrigerator, and dishwasher for everyday convenience. Beyond the individual living spaces, the property features shared on-site coin laundry facilities and two garage spaces, adding significant value and the potential for additional parking or storage revenue. Situated in an incredibly walkable Ballard location, residents have easy access to the neighborhood's renowned dining, shopping, and entertainment. This is a rare chance to own a fully occupied, well-performing asset with clear upside in one of Seattle's strongest rental markets.

5506 7th Avenue NW, Seattle

Listing courtesy of COMPASS.

$1,850,000
2546321 MLS ⋅ ACTIVE Status
WPI Real Estate is pleased to present 12741 35th Ave NE, an 8-unit apartment building in the heart of North Seattle. Reconstructed in 1999, keeping only the foundation and frame, the building totals 6,351 gross square feet and comprises 5 two-bedroom and 3 one-bedroom units across approximately 5,515 rentable square feet, set on a 7,121SF corner lot zoned Lowrise 2 (M). The property is offered at an actual cap rate of 5.39%, with attractive owner financing available: 50% down @ 5% fixed interest, amortized over 360 months on a 5-year term. It delivers a stabilized income stream today, with clear upside through utility pass-through/RUBS implementation, adding additional units (buyer to verify) or updates as units turn. The building offers a desirable unit mix with functional layouts appealing to long-term tenants. Most units are corner homes with ample natural light, and many have vaulted ceilings and private balconies or patios. On-site parking and easy street access add to tenant convenience, while low-maintenance HardiPlank siding and a pitched roof (replaced in 2019) keep operating expenses low. Current rents present the opportunity for strategic increases through unit turns. With Seattle's continued population growth, zoning changes, and limited housing supply, this property is well-positioned for appreciation and sustained demand.

12741 NE 35th Avenue NE, Seattle

Listing courtesy of WPI Real Estate Services, Inc..

$999,999
2542473 MLS ⋅ ACTIVE Status
Please see Virtual Tour #1***THIS IS A PROPERTY BEING SOLD TO APARTMENT/CONDO DEVELOPERS***In Seattle’s zoning code, for Lowrise 2 (LR2) with an M designation, there is a Mandatory Housing Affordability (MHA) overlay. This MHA program allows developers to achieve extra floor area (which can translate to more units) if they either provide affordable housing on-site or pay into the city’s affordable housing fund. Thus, by complying with the MHA requirements, a developer can gain added capacity (height, floor area) and potentially increase the number of units. Specific limits depend on lot size and other code factors. In Seattle's LR2-M zone, the exact height and floor area increase from the M designation depending on the city’s specific MHA tables. Typically, the M designation grants an extra 10 feet of height (e.g., from 40 feet to 50 feet). Floor area ratio (FAR) also increases—often by around 0.5 FAR. On a 4,500 sq ft lot, if the base FAR was, say, 1.2 (allowing 5,400 sq ft of building), an M increase to 1.7 FAR could allow about 7,650 sq ft total. Always confirm with the current city tables, as specifics can vary. This is a guestimate from the Broker and everything needs to be verified Property built before 1978 thus we are warning of Lead Paint (see disclosure phamplet in supplements) IF YOU ARE PLANNING TO DEVELOPE THIS SITE YOU WILL RENTAL INCOME WITH A LITTLE WORK TO SUPPLEMENT THE DEVELOPEMENT COSTS.

917 28th Avenue S, Seattle

Listing courtesy of Premier Homes and Land.

$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.

$4,500,000
2536745 MLS ⋅ ACTIVE Status
The Dolphin is an iconic 8-unit waterfront apartment building prominently situated along the shores of Alki Beach. Meticulously maintained and extensively upgraded, this rare investment opportunity features approximately 65 feet of bulkheaded Puget Sound frontage with sweeping water and Olympic Mountain views. Significant improvements include a complete exterior refit with brick & stucco finishes, marine-grade stainless steel components, fiberglass decks, & an 80-mil PVC roof membrane. Ownership includes primary & secondary tidelands together with boat buoy rights—an increasingly rare waterfront amenity. Distinguished by its signature landscaping & landmark presence along the Alki shoreline, The Dolphin offers a unique combination of quality, location, & long-term investment potential. Conveniently located near Alki Point Lighthouse, waterfront recreation, dining, & neighborhood amenities. A rare opportunity to acquire a legacy-quality waterfront asset in one of Seattle's most sought-after coastal locations. First time on the Market in 30 years!

3015 Alki Avenue SW, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$1,092,500
2543891 MLS ⋅ ACTIVE Status
Classic craftsman triplex rich with all of the charming details you dream of - original woodwork, built-ins, oversized windows & high-ceilings. Set in a 10/10 location with a park as your backyard, Ballard's brewery district & endless other options for fun & dining right out your doorstep, & easy access to public transportation & the Gilman Trail. The primary home is a duplex plus a detached cottage & garage. Washer/dryer in all 3 units & potential to develop the attic into a 4th unit (buyer to verify). One of the few remaining original properties in the area that has not been redeveloped. Fully occupied with consistent long-term tenants, & seldom vacancies are always filled immediately. Inspection report and sewer scope available upon request. Long-standing tenants with two leases expiring summer 2026 & one in Jan 2027. Each tenant pays the following monthly utility fee in addition to rent: Unit 908 - $160/mo, Unit 910 - $115/mo, Unit 908 1/2 - $90/mo.

910 NW 52nd Street, Seattle

Listing courtesy of John L. Scott, Inc.

$6,500,000
2543808 MLS ⋅ ACTIVE Status
The Laureate presents a rare opportunity to acquire a well-maintained 23-unit multifamily asset building in the heart of the Seattle’s University District neighborhood and walking distance to both the University of Washington and the Link Light Rail Station. Originally built in 1961, the property benefits from recent extensive capital improvements and interior renovations, positioning the asset as a compelling combination of stable in-place income and future revenue growth potential. Ownership has invested significantly in the systems over the past 5 years: including a membrane roof replacement, replacement of all individual hot water tanks, securing and gating the parking for 17 vehicles, as well as overhauling the sprinkler system. Featuring a unit mix of 20 sizable 650 SF, 1-bedroom units and one 800 SF, 2-bedroom unit, select units have been renovated with modern finishes including luxury vinyl plank flooring, updated kitchens, stainless steel appliances, including dishwashers and in-unit W/D installations. All units feature A/C, and 1st floor units include patio access. The existing renovations provide future ownership with a blueprint to continue remodeling unit interiors and capture additional rental upside. Additionally, there is potential to assume the current debt with term through 2031.

4731 12th Avenue NE, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$399,000
2543766 MLS ⋅ ACTIVE Status
Value-Add Retail Opportunity on Aurora Ave N - Priced Below Assessed Value Excellent opportunity for an owner-user, local investor, or contractor to acquire a high-visibility commercial property along the Aurora Ave N corridor. Strong street exposure with consistent traffic counts, ideal for service-based businesses or retail users seeking an affordable entry point into a prime corridor location. The building is currently vacant and in rough condition, offering significant upside for buyers looking to reposition or renovate. Previously configured as a 2-unit retail building, with potential to reconfigure back to a dual-tenant layout for income-producing use (buyer to verify). Situated on a 4,000 SF lot and zoned NC3-55 (M), allowing for a range of commercial and mixed-use possibilities (buyer to verify). Offered below current county assessed value. Property sold as-is. Buyer to verify all information, including zoning, permitted uses, and development potential.

10311 Aurora Avenue N, Seattle

Listing courtesy of Real Broker LLC.

$603,000
2542790 MLS ⋅ ACTIVE Status
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.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.