Green Lake Homes with 56 - 10+ Units Style

Green Lake Homes with 56 - 10+ Units Style

Welcome to Green Lake, one of Seattle's most cherished neighborhoods, where the serene beauty of nature meets the vibrant pulse of city life. Nestled in King County, this idyllic community is centered around its stunning namesake lake, providing residents with a picturesque backdrop for outdoor activities and leisurely strolls. The 259-acre Green Lake Park is a hub of activity, offering scenic walking and biking paths, sports fields, and tranquil picnic areas, making it a favorite spot for families, joggers, and nature enthusiasts alike.

Green Lake is not just about the stunning views; it’s also a neighborhood rich in culture and community. With an eclectic mix of local shops, charming cafes, and diverse dining options, residents enjoy a vibrant lifestyle that caters to all tastes. The area is known for its strong sense of community, hosting events throughout the year that bring neighbors together, from summer concerts to seasonal farmers' markets.

For those seeking a home in Green Lake, the real estate market offers a variety of options, particularly homes with 56 to 10+ units, ideal for both investors and those looking for a multi-family living experience. These properties blend modern amenities with the character of the neighborhood, providing ample space for families or opportunities for rental income. Whether you are drawn to the lush surroundings or the lively community spirit, Green Lake is a place where you can truly feel at home. Embrace the charm of this Seattle gem, and discover why so many are eager to call Green Lake their home!

Newest Green Lake Homes with 56 - 10+ Units Style

$2,900,000
2584164 MLS ⋅ ACTIVE Status
Greenlake Arms is a 10-unit apartment community ideally positioned just blocks from Green Lake and its retail and dining core, one of Seattle's most sought-after residential submarkets. The property boasts a "Very Walkable" Walk Score of 89 and is with a 1-minute walk to the Green Lake PCC, and a 3-minute walk to Green Lake Park. The location also offers excellent connectivity. Quick access to Interstate 5, the Link light rail, downtown Seattle, and the Eastside places tenants within easy reach of the region's largest employment centers, supporting sustained rental demand and tenant retention. Built in 1969 on a 7,000-SF parcel, the property offers a 5.7% cap and 11.3 GRM based on current operations. Roughly half of the units have been renovated with new kitchens and in-unit laundry, giving ownership a track record of successful upgrades and a clear roadmap for completing renovations on the remaining units to capture rent upside. All units feature updated dual-pane windows and nearly all feature updated electrical panels. In addition, supply plumbing is a mix of copper and PEX. This reduces near-term capital needs and supports energy efficiency. Parking is available for 11 vehicles (6 covered spaces and 5 uncovered) - a meaningful amenity in this Green Lake submarket where off-street parking is limited and commands a premium.

7101 6th Avenue NE Unit #1-10, Seattle

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

$2,300,000
2563692 MLS ⋅ ACTIVE Status
Exceptional investment opportunity just minutes from Green Lake. This well-maintained 11-unit apartment building features a desirable unit mix of nine studios and two one-bedroom units. Professional management is already in place and available to continue operations, offering a seamless transition for a passive investor. The property is zoned LR3 (RC), providing attractive future development potential. Amenities include off-street parking, storage lockers, coin-operated laundry, and individual water heaters for each unit, all replaced in 2023. Five of the eleven units have been remodeled. Ideally located within walking distance of the Roosevelt Light Rail Station, and the Green Lake Park & Ride, ,Convenient access to downtown Seattle, shopping, dining and recreation. A rare opportunity for the move-up investor seeking stable income today and long-term growth potential tomorrow.

6537 Oswego Place NE, Seattle

Listing Broker: Windermere Bellevue Commons; Janice Cai; 425-691-6998; janicecai@windermere.com

$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

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