University District Homes with 54 - 4-Plex Style

Welcome to the vibrant University District, a dynamic neighborhood nestled in the heart of Seattle, Washington. Known for its eclectic energy and youthful spirit, the University District is home to the prestigious University of Washington, which serves as a cultural and educational hub for the area. With its tree-lined streets, charming cafes, and lively shops, this neighborhood offers a unique blend of urban convenience and suburban charm.

The University District is particularly appealing for those seeking multifamily living options, including the highly sought-after 4-plex style homes. These properties provide an excellent opportunity for both investors and families looking to reside in a community that values connection and accessibility. With four separate living units, 4-plex homes offer versatility—ideal for multi-generational living, rental income, or simply enjoying a spacious home with the added benefit of community.

Residents of the University District enjoy an array of amenities, including parks, bookstores, and a plethora of dining options that cater to every palate. The neighborhood is also well-connected to public transportation, making it easy to commute to downtown Seattle or explore the surrounding areas.

Whether you're a student, a young professional, or a family, the University District has something for everyone. Embrace the vibrant culture, lush green spaces, and the welcoming atmosphere that make this neighborhood a truly special place to call home. Discover the charm of 4-plex homes in the University District and join a community that celebrates diversity, creativity, and a love for learning.

Newest University District Homes with 54 - 4-Plex Style

$995,000

2567345 MLS ⋅ ACTIVE Status

With an ideal location just steps from the University of Washington, the property is situated on a 2,500-square-foot parcel with Mid-Rise (MR M1) zoning. As a result, investors have a rare opportunity to acquire an exceptionally well-positioned multifamily asset in one of Seattle’s most desirable and supply-constrained rental markets. The property features a diverse unit mix consisting of studio and two-bedroom residences averaging 518 square feet, appealing to a broad tenant base. A prime location within walking distance of UW provides a consistent demand driver and strong long-term rental fundamentals. Significant capital improvements have already been completed, including a roof replacement within the last four years, upgraded Square D electrical panels, and full copper plumbing, helping reduce near-term capital expenditure requirements for a new owner. Further enhancing the investment appeal, the property boasts a Walk Score of 93 (“Walker’s Paradise”), an 83 Bike Score, and an 82 Transit Score, offering exceptional connectivity throughout Seattle. Investors also have the unique opportunity to acquire an additional fourplex located directly across the street at 710 NE 43rd Street, creating an immediate avenue for portfolio expansion & operational efficiencies within the same submarket.

709 NE 43rd Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,200,000

2567359 MLS ⋅ ACTIVE Status

Just steps from the University of Washington. Situated on 5,000 square foot parcel zoned Mid Rise (MR M1), the property features a diverse unit mix of one and two-bedroom residences averaging 473 square feet, providing broad appeal to workforce renters. The property benefits from an excellent location within walking distance of the University of Washington, placing residents near a wide array of academic facilities, rental destinations, dining options & major transportation corridors. The asset offers 6 off street parking spaces, a valuable amenity in this highly urbanized and supply concentrated neighborhood. Positioned in one of Seattle’s most walkable communities, the property boasts a Walk Score of 93, a Bike Score of 83, a Transit Score of 82. The strong mobility metrics enhance the tenant demand and support of long term occupancy stability. Adding to the investment appeal, an additional fourplex located directly across the street is also available for purchase, presenting investors with a unique opportunity to achieve immediate scale and operational efficiencies within the same submarket. Combining a desirable unit mix, favorable zoning, excellent accessibility, and potential for portfolio expansion, this offering represents an attractive opportunity in one of Seattle’s most dynamic rental markets.

710 NE 43rd Street, Seattle

Listing courtesy of John L. Scott, Inc.

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