Downtown Homes with 54 - 4-Plex Style

Welcome to Downtown, a vibrant and dynamic neighborhood nestled in the heart of Washington State. Known for its eclectic mix of culture, commerce, and community, Downtown is a place where urban living meets a small-town feel. With tree-lined streets, art galleries, and an array of dining options, residents enjoy a lively atmosphere that’s both invigorating and welcoming.

One of the standout features of Downtown is its diverse housing options, particularly the charming 4-plex style homes. These unique residences are perfect for those seeking a blend of modern convenience and classic charm. With four units in each building, these homes offer an ideal opportunity for multi-generational living or investment potential. Imagine the possibilities of living in one unit while renting out the others, all within a community that fosters connection and collaboration.

The Downtown neighborhood boasts an impressive array of amenities, including parks, coffee shops, and boutique stores, all just a short stroll from your doorstep. The local farmers' market is a must-visit, offering fresh produce and artisan goods that reflect the region's commitment to sustainability. Moreover, with easy access to public transportation and major highways, commuting to nearby cities is a breeze.

Whether you’re a first-time homebuyer, an investor, or simply looking for a place to call home, Downtown’s 4-plex style homes provide an excellent opportunity to immerse yourself in a thriving community. Experience the charm and convenience of Downtown living, where every day feels like a new adventure waiting to unfold.

Newest Downtown Homes with 54 - 4-Plex Style

$1,499,000

2558436 MLS ⋅ ACTIVE Status

Rare opportunity, newer 2001 4-plex investment in a prime Everett location! Option to live in one unit while your tenants pay your mortgage. This well-maintained multifamily property offers an impressive 5,117 square feet of living space. The upper-level features two spacious 3-bedroom units, each offering an exceptional 1,492 square feet of living space. The ground level includes two well-designed 2-bedroom units, each with 1,066.5 square feet. Tenants also enjoy access to a large 851-square-foot, 4-car garage located at the rear of the property. Each unit has been recently refreshed with new interior paint, carpet, blinds, countertops, and hardwired smoke and carbon monoxide detectors, making this a truly turnkey investment. Conveniently located just minutes from I-5, the new YMCA, shopping, dining, and the vibrant Everett Waterfront, this property offers excellent accessibility and strong tenant appeal. With low-maintenance construction, all appliances included, and the potential for approximately a 6.4% cap rate, this is an outstanding long-term investment opportunity. Listing agent is also a property manager and can assist with future placements and management for a lower negotiated fee. Buyer to verify all information to their satisfaction. Ask me about the preferred lender credit!!!!

3426 Oakes Avenue, Everett

Listing courtesy of Gilpin Realty, Inc..

$1,250,000

2484138 MLS ⋅ ACTIVE Status

Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.6! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.

621 Houser Way S, Renton

Listing courtesy of Best Choice Realty LLC.

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