Seattle Real Estate | Seattle Multi-Family Homes for Sale

6.26% CURRENT CAP RATE | Capri Apartments is a meticulously maintained 15-unit, courtyard-style apartment community located in the bustling Lake City neighborhood of Northeast Seattle. Originally constructed in 1962, Capri features copper plumbing and has undergone significant capital improvements over the past decade, including a new PVC roof (2024), updated electrical breaker panels (2016), luxury vinyl plank flooring and stone countertops in all units, double-pane vinyl windows, and a renovated exterior staircase, positioning the asset as both a desirable community for residents and a low-maintenance investment for ownership. The property offers an ideal unit mix, comprised of nine 2-bedroom units averaging 783 square feet and five 1-bedroom units averaging 683 square feet. Residents benefit from a central courtyard setting with lush greenery, on-site communal laundry (two washers & two dryers), 14 large storage lockers, and 16 off-street parking stalls available on a first-come, first-served basis. A new investor can capitalize on Capri’s current operations, which generate a 6.26% cap rate on in-place income, or execute a value-add business plan by converting the common laundry room into a 16th studio apartment (buyer to verify) and installing ventless, all-in-one washer/dryer combo units in each apartment to capture a 7.25% cap rate post renovation.

11521 26th Avenue NE, Seattle

Listing Broker: Blake Investment Advisors; Gabe Blake; 206-618-2207; gabe@blakeia.com

$2,795,000

2508089 MLS ⋅ ACTIVE Status

Marine Vista -- a premier 11-unit apartment community located at 840 W Nickerson St, Seattle, WA 98119. Situated in the highly sought-after North Queen Anne submarket, Marine Vista offers an exceptional location overlooking the Lake Washington Ship Canal, providing residents with a unique blend of maritime charm and urban convenience. This offering presents a rare opportunity to acquire a boutique asset in one of Seattle’s most resilient and supply-constrained neighborhoods. Marine Vista is ideally positioned within walking distance to Seattle Pacific University and the vibrant Fremont tech hub, ensuring a consistent and high-quality tenant base. The investment provides a clear path for a strategic value-add program. A new investor will have the ability to implement targeted interior renovations and modern amenity upgrades to capture significant rental upside, bringing the property in line with top-of-market competitors. With its irreplaceable location and strong fundamentals, Marine Vista is poised to deliver robust long-term appreciation and enhanced cash flow for a sophisticated investor.

840 W Nickerson Street, Seattle

Listing Broker: Pacific Crest; Alfred Anderson; 206-812-9157; alfred@pacificcrestre.com

$1,550,000

2510937 MLS ⋅ ACTIVE Status

LIMITED TIME 4.99% INTEREST RATE. Modern Georgetown triplex offering flexibility for rentals or STR strategies. Built by a 2025 Best Homebuilder in the Pacific Northwest, each unit features private en-suite baths, energy-efficient systems, abundant natural light, EV-ready parking, and private outdoor space. Located just steps from Georgetown’s restaurants, breweries, and shops, with quick access to downtown Seattle, I-5, and Hwy 99. Well-positioned for stable in-place income today with additional upside potential through mid-term or short-term rental strategies during major events, including World Cup. Clean, low-maintenance asset in one of Seattle’s most dynamic urban neighborhoods. Agent on site Thursday & Friday 3pm-6pm

6725 Carlton Avenue Unit #A,B,C, Seattle

Listing Broker: Real Broker LLC; Lucas Pinto; ;

$925,000

2503470 MLS ⋅ ACTIVE Status

TOWNHOUSE REDEVELOPMENT OPPORTUNITY NEAR FREMONT/WALLINGFORD/GREENLAKE | 4,000 SF LOT WITh LR2 (M) ZONING 807 N 49th St is located just blocks from the Woodland Park Zoo, this 4,000 square foot lot is zoned LR2 (M), a highly desirable zoning code for townhome and small-scale multifamily development. Historically, LR-zoned sites were subject to unit-count density caps that limited overall development potential. However, with the implementation of HB 1110 in June 2025, those constraints have been removed in favor of a building envelope driven by FAR, height, and setback standards, meaning the total buildable size is now the primary limitation rather than the number of units. This shift allows developers to increase unit count through more efficient design, creating a more compelling development opportunity for 4+ luxury townhomes (buyer to verify) with skyline views in one of Seattle’s most sought-after neighborhoods. The existing structure on the site currently operates as a 5 Unit apartment building producing $50,311 in annual net operating income.

807 N 49th Street, Seattle

Listing Broker: Blake Investment Advisors; Gabe Blake; 206-618-2207; gabe@blakeia.com

$1,795,000

2505422 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status

Turnkey North Capitol Hill 6 Plex Investment in the heart of a Vibrant Community. This well-maintained property features 6 spacious corner units w/views of the Space Needle, DT Seattle & Olympic Mountains. 6 units w/1-bed, 1-bath + den/bedroom, large living rooms/dining areas, full kitchens, hardwood floors throughout & secure entry with lobby. This building includes a 12-car parking lot for tenants & income. The lot has a high value with MR-M1 MID-RISE Zoning. Common laundry area in the large daylight basement & may offer the opportunity to add 2 additional 1-bed units for additional income. Prime location minutes to DT Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta. Near Broadway, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, & Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset in one of Seattle’s strongest rental markets. Solid cash-flowing property for Investors & 1031 Exchange. Future development potential with MR-M1 MID-RISE Zoning. Google MR-M1 Zoning. Tax assessed at $2,398,000 - The lot has a high value with the MR-M1 MID-RISE Zoning. Possible Owner Financing.

315 12th Avenue E, Seattle

Listing Broker: Skyline Properties, Inc.; Scott Fladseth; ;

$4,495,000

2503530 MLS ⋅ ACTIVE Status

A rare 10-unit apartment portfolio in Green Lake, spanning three buildings across two parcels totaling 8,600 SF of LR2 zoning.The portfolio features a desirable mix of one-, two-, and three-bedroom units, all with private washers and dryers. Seven units are spacious townhome-style layouts (900–1,100 SF) with attached garages, laundry, and storage. A private courtyard garden sits between the buildings, creating a quiet residential feel.Over the past decade, ownership has replaced all wiring and plumbing, fully renovated kitchens and baths, and installed new gas furnaces.This central Green Lake location earns a Walk Score of 96 and is within walking distance of the Roosevelt Light Rail Station, Green Lake Park & Ride, PCC Market, the library, and neighborhood dining.

8001 Densmore Avenue N, Seattle

Listing Broker: Lee & Associates Commercial RE; Sara Bago; 206-773-2674; sbago@lee-associates.com

$1,425,000

2503402 MLS ⋅ ACTIVE Status

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

1505 E Galer Street Unit #1-4, Seattle

Listing Broker: Kidder Mathews; Dan Swanson; 425-444-6501; dan.swanson@kidder.com

$3,500,000

2495909 MLS ⋅ ACTIVE Status

Strategically positioned along West Seattle’s rapidly evolving Delridge corridor, this rare 5 parcel assemblage (approx. 23,760 SF) delivers scale, zoning, and income in one offering. NC2P 55(M) zoning invites a true midrise vision—up to five stories of residential over active ground floor commercial—right in the path of ongoing growth, infrastructure investment, and neighborhood revitalization. The property currently features 15 apartment units, with a mix of rented and vacant homes that provide immediate cash flow, upside through lease up, and flexibility during design and entitlement. Generous frontage, strong visibility, and easy access to the RapidRide H Line connect future residents to jobs, services, and the core city, while the forthcoming West Seattle light rail will further enhance long term demand and exit strategies. Assemblages of this size and quality are increasingly hard to find. Whether your plan is mixed use, all residential, or a phased redevelopment, this site checks the boxes: scale, zoning, transit, and story. Bring your architect, your vision, and your preferred builder—Delridge’s next signature project starts here.

5222 -36 Delridge Way SW, Seattle

Listing Broker: John L Scott RE West Seattle; Jonn McYnturff; 206-227-2772; mcynturff@hotmail.com

$749,995

2497011 MLS ⋅ ACTIVE Status

South Park income-producing property featuring a beautifully updated Northwest Contemporary home with a basement apartment and detached DADU, offering excellent potential for rental income. The main home showcases vaulted ceilings with exposed beams, warm wood flooring, and abundant natural light. The chef’s kitchen is designed for both style and function with quartz countertops, stainless appliances, farmhouse sink, live-edge shelving, pantry, breakfast bar, and a huge quartz center island, along with skylights that create a bright, inviting space perfect for entertaining. Flexible living includes a main floor bedroom or office, full bath, and main-level laundry. Upstairs you’ll find a spacious primary suite with a walk-in closet and relaxing bathroom with jetted tub. The property also features two income-producing units: a lower-level apartment with kitchen, living room, den, private laundry and bath, plus a detached industrial-style DADU with loft, kitchen, bath and private laundry. Outdoor spaces include a walkout deck, private patio, and thoughtfully designed garden seating areas, along with RV parking, carport, and parking for up to five vehicles. Located in a central South Park location, this rare opportunity is ideal for investors or buyers seeking rental income to offset their mortgage.

1053 S Southern Street, Seattle

Listing Broker: RE/MAX Extra Inc.; Brandon Scheer; 253-579-2358; brandon@scheergold.com

$2,550,000

2493978 MLS ⋅ ACTIVE Status

Rare University District income property with 8-bed main house + newer 3-bed DADU, generating $15,100/month ($181,200/year) in rental income with true zero vacancy. Tenants pay all utilities and the property has undergone significant upgrades including a nearly new DADU, renovated basement, radiant in-floor heat, mini-split, remodeled kitchen and powder room, new electrical and plumbing, and more. Stabilized NOI ˜ $160K with strong rental demand and minimal near or mid-term cap-ex. Listed at $2.55M (~6.4% cap / 14× GRM). Excellent opportunity for anyone seeking durable income in the University District.

5230 16th Avenue NE, Seattle

Listing Broker: Real Property Associates; Paul Jackson; 425-220-7002; pjackson@rpare.com

$800,000

2493055 MLS ⋅ ACTIVE Status

Turnkey duplex opportunity in the heart of Columbia City that is great for house hacking by living in one of the units or renting out both for cashflow. This well-maintained property features two updated units: Unit A features a 3-bedroom, 1-bath floorplan and Unit B features a 2-bedroom, 1-bath floorplan. Both units are currently tenant-occupied, providing immediate rental income for the next owner. Each unit has been thoughtfully updated with modern finishes with its own individual washer & dryer, helping minimize near-term maintenance while offering comfortable living spaces. Generous interiors and functional floor plans make the property well-suited for long-term rental use. Conveniently located just steps away from the Light Rail, as well as local shops, dining, and parks in Columbia City. A compelling opportunity for investors seeking a well-kept, income-producing property in a central Seattle location. The duplex comes pre-inspected.

5045 37th Avenue S, Seattle

Listing Broker: COMPASS; Peng Tea; 206-999-0501; peng.tea@compass.com

$2,975,000

2493770 MLS ⋅ ACTIVE Status

Rare opportunity to acquire a 6-unit waterfront multifamily asset in one of West Seattle’s most iconic locations. Situated on Alki Ave SW, this property offers unobstructed Puget Sound and Olympic Mountain views just steps from Alki Beach, the Alki Trail, dining, and neighborhood amenities. The property consists of 2 buildings with a strong unit mix, including spacious renovated units averaging approximately 1,200 SF, in-unit laundry, and off-street parking for 8-10 cars. Located on a 12,000 SF LR2(M) zoned lot, the asset presents multiple value-add angles including continued rent growth, long-term hold potential, and possible future redevelopment optionality. Current rents provide upside with renovated units and a premier location that continues to drive strong tenant demand. An irreplaceable Alki waterfront offering with income, scale, and land value in a highly sought-after coastal submarket. Buyer to verify all information to their satisfaction.

1788 Alki Avenue SW, Seattle

Listing Broker: Kidder Mathews; Max Frame; 360-705-2800; max.frame@kidder.com

$1,300,000

2492452 MLS ⋅ ACTIVE Status

Turn-key 8-unit asset with strong income potential and multiple operating strategies. Property is currently configured as hotel-style studio units, each fully furnished with a full bath and kitchenette, and was previously operated as overflow lodging for a nearby hotel. Units are separately metered for electric, providing flexibility to continue as short-term or extended-stay lodging, or reposition as long-term rentals for more traditional multifamily cash flow. Strong rent-per-square-foot potential with additional value-add upside. Property features 8 ground-level parking spaces plus a second-floor storage room already plumbed for future laundry installation. First time on the market — owned by the original owner with recent roof replacement and major capital improvements already completed. Excellent access to I-5 and Hwy 99, with close proximity to downtown supporting consistent rental demand and long-term investment appeal.

1120 N 91st Street, Seattle

Listing Broker: Real Broker LLC; Charles Burnett; 206-931-6036; charles@soundrealtygroup.com

$830,000

2491963 MLS ⋅ ACTIVE Status

Side-by-Side Duplex in Prime Location Near Carkeek Park. Situated on a quiet street, this solid duplex features two spacious units: 10452 with 2 bedrooms/1 bath and 10450 with 3 bedrooms/1 bath. Both offer kitchens with eating areas, hardwood floors, and daylight basements with laundry and ample storage. The basements provide excellent potential for additional finished living space. Strong structure with opportunity for cosmetic updates to maximize value. Currently leased at below-market rents, presenting an exceptional value-add opportunity for investors seeking upside in a desirable neighborhood.

10450 Alderbrook Place NW, Seattle

Listing Broker: Windermere RE Greenwood; Ali Moulin; 206-779-7731; alimoulin@windermere.com

$1,216,800

2489986 MLS ⋅ ACTIVE Status

Investor-Ready Cash-Flowing Triplex in Meadowbrook’s LR3(M) Growth Zone Fully stabilized 1960 triplex in northeast Seattle’s Meadowbrook neighborhood. Each of the three identical 3-bed/1-bath units is 1,100 SF and leased through 2026-2028. Tenants pay all utilities (electric directly; sewer/water/garbage via RUBS). Each unit has separate laundry, and the property includes seven off-street parking spaces. Capital Improvements (2019–2026): New SquareD panels, GFCI bath/kitchen upgrades, dedicated appliance/bath circuits, targeted heater replacements, PEX refit in Apts. A/C, bathtub re-plumbing, new toilets, new water heaters, new carpet/vinyl flooring, newer kitchen/bath cabinets, appliances, window coverings, interior paint, redirected drainage, and vinyl windows. Deferred maintenance addressed; capex schedule available. Location & Zoning Upside: Meadowbrook (98125) offers residential character and LR3(M) density upside. Rapid bus lines are within a 5-minute walk, Northgate light rail is about a 10-minute drive, and the Burke-Gilman Trail is nearby. Lake City Way adds nearby retail and dining convenience. Target Buyer: Small investor seeking stable cash flow or portfolio buyer consolidating LR3(M)-zoned assets. Clean title, clean books, clean systems. Boundary survey completed in 2018, adding due diligence value.

12317 35th Avenue NE, Seattle

Listing Broker: MLS4owners.com; Chris C. Nye; 253-460-1900; sales@mls4owners.com

$975,000

2486695 MLS ⋅ ACTIVE Status

Live in one unit and rent out the other with this duplex opportunity in sought after North Beacon Hill neighborhood! Each 2 bed/1 bath unit is 764 sq ft with thoughtfully designed floor plan, new carpet and one level living. Dedicated & private attached garage space for each unit with additional storage space, plus 3 additional driveway parking spaces. Shared coin op laundry and community yard. Separate electrical meter for each unit. Located in a great location with quick access to downtown Seattle & Eastside, I-90 and I-5 with multiple bus lines nearby.

1701 19th Avenue S, Seattle

Listing Broker: KW Greater Seattle; Richard C. Buchanan; 206-459-7243; Rich@KendraToddGroup.com

$1,350,000

2482102 MLS ⋅ ACTIVE Status

Grand Craftsman duplex in the heart of Capitol Hill offering exceptional flexibility: an expansive primary residence paired with an income-producing second unit. The primary residence spans three stories with six bedrooms and downtown views, providing substantial scale and livability for an owner-occupant or long-term tenant. The second unit is a separate, fully equipped studio, offering privacy and in-place income. Fix and flip, buy and hold as a full rental investment, live in one unit as an owner-occupant with supplemental rental income, or occupy the entire property to create space for guests or intergenerational living. The primary residence is currently tenant-occupied on a month-to-month basis, creating near-term flexibility for a qualified buyer. Extensive unfinished basement square footage presents an opportunity to expand rentable area or enhance owner use, subject to the buyer’s plans. Situated on a 4,311 SF corner lot with alley access and off-street parking for two vehicles, the property is zoned LR3 and includes near shovel-ready plans by Hybrid Architecture for four townhomes with MILs and one single-family residence with an ADU, providing a clear redevelopment alternative for a developer. Property tours are available to qualified buyers by appointment, with interior access coordinated to respect existing tenancy. A high-caliber Capitol Hill property for buyers seeking immediate livability, stable income, and long-term flexibility.

702 11th Avenue E, Seattle

Listing Broker: Urban Living; Matt Goyer; 206-618-1600; matt@urbnlivn.com

$4,295,000

2475680 MLS ⋅ ACTIVE Status

The property reflects true pride of ownership, with extensive upgrades completed in recent years. Improvements include full replacement of in-unit wiring and plumbing, along with comprehensive kitchen and bathroom remodels, ensuring modern comfort, durability, and reduced future capital needs. With an average unit size of 560 SF, the building offers efficient layouts that remain highly competitive in the Beacon Hill rental market. Offering a desirable and efficient unit mix of two studios, thirteen one-bedrooms, and seven two-bedrooms, this 22-unit asset delivers broad renter appeal and strong operational fundamentals. Residents benefit from close proximity to local amenities, outdoor recreation, transit access, and major employment centers—supporting consistent demand in all market cycles.

1815 13th Avenue S, Seattle

Listing Broker: Lee & Associates Commercial RE; Sara Bago; 206-773-2674; sbago@lee-associates.com

$997,500

2472780 MLS ⋅ ACTIVE Status

Beautifully updated 4-bedroom, 2.75-bath home featuring fresh interior paint and new carpet throughout. The main level offers a convenient bedroom and ¾ bath, a bright living area, and easy access to the patio for outdoor relaxation. Downstairs includes a private bedroom with a spacious bathroom—perfect for guests or extended living. Upstairs, you’ll find two additional bedrooms and a full bathroom. Move-in ready with flexible spaces for every lifestyle. Situated just blocks from Seattle Center, the Gates Foundation, Amazon, and SLU, with a vibrant array of restaurants and nightlife nearby, the best of Seattle awaits!

708 Warren Avenue N, Seattle

Listing Broker: John L. Scott, Inc.; Teo Okamura; ;

$2,450,000

2452589 MLS ⋅ ACTIVE Status

Arun Apartments "PERMITTED" Development Site. The current permitted property is shovel ready for immediate development and is located in the highly desirable East Queen Anne/Westlake neighborhood of Seattle which offers immediate redevelopment potential in one of Seattle’s most supplyconstrained and sought-after multifamily submarkets. Beyond the existing remodeled 6 units, the site's zoning, pre-obtained permitting and design combine the two existing lots, allowing for an immediate development project consisting of five 4-story rowhouses. This feature presents an invaluable opportunity to bypass the typical lengthy permitting process where investors can elect to execute the permitted project for sale or long-term rental income.

1809 5th Avenue N, Seattle

Listing Broker: Pacific Crest; Alan Wileman; 559-679-7128; alan.wileman@pacificcrestre.com

$1,699,000

2451055 MLS ⋅ ACTIVE Status

11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.93% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.

1718 Summit Avenue, Seattle

Listing Broker: COMPASS; Erich Bubbel; 206-399-3285; erich@investmentsalesgrp.com

$675,000

2448714 MLS ⋅ ACTIVE Status

Fantastic investment or redevelopment opportunity in Seattle! This 1900-built duplex offers 2,940 total SF, all ready for renovation or reimagining. The 4,800 SF corner lot is zoned LR2(M), providing flexibility for multi-unit potential or redevelopment. Conveniently located near downtown, I-5, I-90, schools, parks, and transit. With strong fundamentals and zoning upside, this classic property is ready for its next chapter. An excellent option for builders, investors, or those seeking a project with vision.

203 23rd Avenue, Seattle

Listing Broker: Coldwell Banker Danforth; Virginia Lawson; 206-841-1976; vglawson@gmail.com

$4,700,000

2440960 MLS ⋅ ACTIVE Status

Westward Apartments is a turnkey 16-unit multifamily asset located in North Beacon Hill. Built in 1958 and renovated in 2016, the property offers a mix of one-and two-bedroom units with updated finishes and modernized systems. With near 100%year-round occupancy and rents averaging $1,792 remain below the market average of $1,896, offering immediate upside through rent growth. Westward's North Beacon Hill location offers residents walkable access to transit, light rail, neighborhood amenities, and proximity to major employment hubs including the headquarters of Amazon, Microsoft, T-Mobile, Starbucks & Costco. Year 1 NOI of $266,445 and a market cap rate of 5.7%.

2350 Beacon Avenue S, Seattle

Listing Broker: Urban Commercial Partners, LLC; Jason Elrod; 206-399-1055; jason@urbanseattle.com

$4,500,000

2440780 MLS ⋅ ACTIVE Status

Beacon Flats presents a compelling investment opportunity: a 17-unit apartment community ideally situated in Seattle’s vibrant North Beacon Hill neighborhood, just a short walk from the Beacon Hill Light Rail Station. Built in 1957 and renovated in 2017, this three-story brick-veneer building combines classic charm with modern convenience. The property features a unit mix of studios, one-bed, and two-bed apartments, each offering functional layouts and in-unit washer/dryer amenities. Operating at near-full occupancy year-round, Beacon Flats demonstrates strong tenant demand. Current rents average $1,678, below the area’s market average of $1,776, highlighting immediate upside potential through strategic rent adjustments.

1401 S Holgate Street, Seattle

Listing Broker: Urban Commercial Partners, LLC; Jason Elrod; 206-399-1055; jason@urbanseattle.com

$1,295,000

2439670 MLS ⋅ ACTIVE Status

North Beacon Hill development site, zoned LR3 urban village and situated on a 7,610 SF lot. This covered land play presents a unique income-producing development opportunity with the existing duplex that currently generates $63,000 in gross annual income, providing immediate cash flow for investors during the pre-development or entitlement process. The site supports higher density residential or mixed-use development. The zoning flexibility allows for long-term appreciation through redevelopment while retaining near-term income from the existing duplex. This dual profile makes the offering attractive to both investors seeking cash flowing assets and developers targeting urban infill opportunities.

1306 S Bayview Street, Seattle

Listing Broker: Urban Commercial Partners, LLC; Jason Elrod; 206-399-1055; jason@urbanseattle.com

$4,900,000

2439327 MLS ⋅ ACTIVE Status

We are pleased to offer for sale the Beacon View Apartments; a well-positioned, turnkey 17-unit multifamily asset located in Seattle’s highly desirable North Beacon Hill neighborhood. Just a short walk from the Beacon Hill Light Rail Station, Beacon View offers residents seamless access to Seattle Metro Area, making it an ideal location for urban professionals. This stabilized, transit-oriented asset combines reliable cash flow with near-term value-add potential, an attractive opportunity for multifamily investors seeking growth in one of Seattle’s most connected neighborhoods. Projected Year one NOI of $299,370 and 6.1% Cap Rate.

2414 13th Avenue S, Seattle

Listing Broker: Urban Commercial Partners, LLC; Jason Elrod; 206-399-1055; jason@urbanseattle.com

$1,499,995

2428505 MLS ⋅ ACTIVE Status

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

914 N 40th Street, Seattle

Listing Broker: Kelly Right RE of Seattle LLC; Sheetal Gandhi; 510-579-5360; sgandhirealtor@gmail.com

$1,377,500

2433334 MLS ⋅ ACTIVE Status

Exceptional Investment Opportunity in South Seattle! Three neighboring homes on two separate parcels—available together for one owner. This rare setup offers flexibility to rent, sell, condominium-ize, or occupy individually. Each home has its own water and electrical meter and services. One home was newly—built in 2024, offering modern finishes and turnkey appeal. Other wo houses were remodeled in 2018. All furnishing are included so the new owner can continue with the on-going short/mid term rentals into the busy summer season. New owner can also live in one house and have the income from the other houses to cover a big part of the mortgages. If condominium is recorded at the County, new owner can immediately sell three houses separatel

10653 10655 22nd Place S, Seattle

Listing Broker: 5 Corners Realty LLC; Wei Yang; ; weiy71@gmail.com

$600,000

2425317 MLS ⋅ ACTIVE Status

Endless Potential in a Prime Seattle Location! This duplex offers a unique opportunity for investors, builders, or visionaries looking to create something truly special. Surrounded by newer developments, the lot is ideally positioned for redevelopment or continued use as a rental investment. With both units now vacant, the property is a blank canvas ready for your plans, whether that's maximizing rental income, designing your dream project, or building for resale. Enjoy unbeatable convenience with quick access to major freeways, shopping, dining, and Seattle's thriving business districts. A rare find with endless possibilities!

529 N 103rd Street, Seattle

Listing Broker: Eagle Rise Real Estate, LLC; Brian G. Davis; 425-442-1298; brian@eagleriserealestate.com

$938,000

2393797 MLS ⋅ ACTIVE Status

The intersection of First Hill and Cherry Hill, steps from Seattle University, this contemporary 2bed/2bath townhouse offers urban living at its finest—plus a fully equipped studio ADU with private entrance, perfect for tenants, guests, or home office use. Offered by the original builder, this light-filled home features sleek modern finishes and a rooftop deck with panoramic city and mountain views. The attached ground-level ADU includes its own kitchen, bathroom, washer/dryer, and separate entrance. Easy access to downtown, hospitals, tech hubs & transit—plus the best of Capitol Hill’s dining, parks & nightlife just blocks away. Whether you're looking to live stylishly, invest smartly, or both, this home delivers. Short term rental history

1300 E Remington Court Unit #A, Seattle

Listing Broker: Berkshire Hathaway HS NW; Martin J. Ho; 425-499-8909; team@ho-realty.com

$1,750,000

2390679 MLS ⋅ ACTIVE Status

Portfolio of SEVEN 2 and 3 bed CONDO UNITS located at the well maintained + professionally managed Gilmanor Building, a premier Magnolia Community. Unique investment and perfect 1031 exch opportunity offers investors strong cash flow, stable rents in high appreciation zip code. Each unit is thoughtfully designed for comfort+ efficiency, ranging in size from 786-1081 sf. Units feature gas fireplaces, private balconies and newly renovated interiors. Building amenities include on-site laundry, intercom entry system, elevator, assigned parking spots and additional storage. Convenient location offers easy access to major employers, close proximity to Magnolia Village and Discovery Park. Walk Score of 77 and Bike Score of 62

4051 Gilman Avenue W, Seattle

Listing Broker: John L. Scott, Inc; George Graham; 206-949-3793; pending@nw-realestateteam.com

$5,500,000

2375807 MLS ⋅ ACTIVE Status

Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential—buyer to verify.

8214 Greenwood Avenue N, Seattle

Listing Broker: COMPASS; Ben Kaufman; 206-300-0115; ben@beneficialventures.com

$4,900,000

2335192 MLS ⋅ ACTIVE Status

Invest in a piece of Seattle’s storied past with this turnkey mixed-use property in Pioneer Square. Built in 1900, this well maintained 4 story building blends historic character with modernity, for dependable returns and future growth. Residential units offer 13 tastefully designed units, including 4 upscale penthouses with rooftop decks, 4 spacious lofts, 4 micro lofts, and 1 large studio. Units feature open layouts, contemporary finishes, and rich hardwood flooring, with on-site laundry and an elevator. On the ground level, two retail spaces are fully leased, ensuring steady cash flow. Set on bustling 1st St with street parking and a Walk Score of 96, this asset stands as a dynamic investment opportunity in the heart of Pioneer Square.

213 1st Avenue S, Seattle

Listing Broker: COMPASS; Ben Kaufman; 206-300-0115; ben@beneficialventures.com

Seattle Multi-Family Properties for Sale

Newest Seattle Multi-Family Homes for Sale