Magnolia Homes with 56 - 10+ Units Style

Welcome to Magnolia, one of Seattle's most enchanting neighborhoods, where stunning views, lush greenery, and a vibrant community come together to create an idyllic living environment. Nestled on a peninsula overlooking Puget Sound, Magnolia offers residents an unparalleled blend of natural beauty and urban convenience.

As you explore Magnolia, you'll be captivated by its picturesque streets lined with charming homes, many of which boast unique architectural styles. From classic Craftsman bungalows to modern townhouses and spacious multi-family units, the neighborhood features a diverse range of properties, including impressive homes with 56 to over 10 units. This variety ensures that there’s something for everyone, whether you're looking for a cozy family home or an investment opportunity in a thriving community.

Magnolia is not just about beautiful homes; it’s also a hub of outdoor activities and local amenities. The expansive Discovery Park, Seattle's largest green space, offers miles of walking trails, sandy beaches, and breathtaking views of the Olympic Mountains and the Seattle skyline. Residents enjoy easy access to quaint shops, delightful cafes, and excellent schools, making it a perfect place for families and professionals alike.

With its strong sense of community and commitment to preserving its natural surroundings, Magnolia is a neighborhood that truly feels like home. Whether you’re drawn to the stunning scenery, the welcoming atmosphere, or the vibrant real estate options, Magnolia is a place where dreams come to life. Come and discover the charm of this Seattle gem today!

Newest Magnolia Homes with 56 - 10+ Units Style

$4,200,000

2566437 MLS ⋅ ACTIVE Status

Constructed in 1959 and comprehensively renovated in 2016, The Edge Apartments is an exceptional 13-unit apartment community offers investors a rare opportunity to acquire a stabilized, turn-key asset in one of Seattle's most desirable rental markets. The extensive renovation modernized the property throughout, including updated plumbing and electrical systems, creating a low-maintenance investment with strong in-place cash flow and long-term ownership appeal. The property consists of 8 one-bedroom and 5 two-bedroom apartments, each designed with finishes that today's renters value. Every unit features quartz countertops, stainless steel appliances, in-unit washers and dryers, and contemporary LVT flooring in the common areas. Select apartments include fireplaces, while the top-floor residences enjoy private balconies with peek-a-boo views of the Seattle skyline and Puget Sound. Residents also benefit from a spacious second-floor patio with a community grill, providing an attractive outdoor gathering space that enhances the tenant experience. The property offers an attractive value-add component through ten individual secured garage and storage spaces. Currently generating approximately $10,800 in annual income, these oversized garages provide immediate supplemental revenue with meaningful upside through rent increases to market rates. The property is well-positioned to capitalize on continued tenant demand for secure parking and storage.

2515 Thorndyke Avenue W, Seattle

Listing courtesy of Westlake Associates, Inc..

$6,225,000

2536846 MLS ⋅ ACTIVE Status

The Magnolia Assemblage offers a new investor the ability to acquire a 3 building portfolio suitable for a value-add opportunity located in a core Seattle area. The current arrangement offers 31 multi-family units plus a single family house. All together the assemblage represents 34,262 square feet of LR3 (M) zoned dirt suitable for a development of +/- 30 townhouses.

2600 -2626 Thorndyke Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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