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$2,750,000
2568199 MLS ⋅ ACTIVE Status
The Portage Bay Plaza located at 3261 Fuhrman Ave E, presents a rare opportunity to invest in the extremely well-located north end of Portage Bay between the Eastlake and Montlake neighborhoods. The property offers large floor plans with a mix of seven 1-bedroom / 1-bath units and two 2-bedroom / 1.5-bath units, plus ample off-street parking. Wood-frame construction with a well-maintained brick exterior gives the building genuine mid-century character, while private decks with views of the Bay set it apart from typical residences in the neighbor-hood. Sitting on a large 9,220 SF parcel zoned LR3 (M), the property also carries long-term redevelopment optionality for townhomes or a larger apartment project. Current ownership has well maintained the property with meaningful recent capital improvements, while a new owner has an attractive opportunity to increase income by bringing on professional management and completing interior renovations. The majority of units feature hardwood or LVP flooring, with recent upgrades including updated cabinetry, quartz countertops, stainless-steel appliances, and mod-ern lighting. This leaves a clear and straightforward path to increasing value: finish the renovation program in the units that have not yet been updated, push parking income toward market, and add in-unit laundry to more units, which ownership has already proven out by converting one unit during their hold.

3261 Fuhrman Avenue E, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,695,000
2568186 MLS ⋅ ACTIVE Status
Boutique 6-unit apartment building in Capitol Hill featuring a desirable mix of studio, 1- and 2-bedroom units. On-site laundry and storage space, with added potential to convert space for in-unit washer/dryer installations in additional units. Copper, PVC and Galvanized Plumbing. All electrical panels in units and main panel replaced in April 2025. Value add potential with 18%+ upside in rental income. Fantastic Capitol Hill location in a desirable neighborhood, close to Link Light Rail Station, Volunteer Park, retail and restaurants, errands and groceries.

815 15th Avenue E, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,500,000
2567385 MLS ⋅ ACTIVE Status
Outstanding multifamily investment opportunity in North Seattle featuring a desirable mix of one- and two-bedroom residences averaging approximately 600 square feet. The efficient unit layouts appeal to a broad tenant base, providing affordable, functional living for individuals and small households in a highly desirable location. Several major capital improvements have already been completed, reducing near-term ownership costs and enhancing long-term operational stability. Recent upgrades include a roof replacement approximately six years ago and the installation of modern Square D electrical panels. Tenant amenities include on-site laundry facilities, dedicated storage units, five off-street parking spaces, and ample street parking, creating added convenience and supporting tenant retention. Convenient access to Seattle, the Eastside, and North King County provides excellent connectivity to major employment centers throughout the Puget Sound region. Combined with recent capital improvements, the property's efficient unit mix, desirable location, and strong regional accessibility position it as an excellent investment opportunity offering stable cash flow with long-term upside potential.

2600 NE 125th Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,425,000
2567375 MLS ⋅ ACTIVE Status
Sandpoint Way Apartments is a well-maintained multifamily community in Seattle's desirable Sandpoint neighborhood, offering a diverse mix of one-, two-, and three-bedroom residences averaging approximately 821 square feet. Larger-than-average unit sizes provide broad appeal to healthcare workers while supporting strong tenant retention and leasing performance. Many residences enjoy premium Lake Washington views, enhancing the property's appeal and supporting rental premiums. The community is ideally located approximately one-half mile from the Burke-Gilman Trail and less than two miles from Matthews Beach Park, Seattle's largest freshwater swimming beach. Ownership has completed significant capital improvements, including a roof replacement within the last six years, Cutler-Hammer electrical panels, and primarily copper plumbing throughout, reducing near-term capital needs and supporting operational stability. The property is also conveniently located near major employment and institutional drivers, including the University of Washington, Seattle Children's Hospital, and the growing Magnuson Park corridor. The combination of desirable views, spacious units, recent improvements, and strong Northeast Seattle fundamentals makes Sandpoint Way Apartments a compelling multifamily investment opportunity.

12340 Sand Point Way NE, Seattle

Listing courtesy of John L. Scott, Inc.

$3,695,000
2565600 MLS ⋅ ACTIVE Status
Rare Investment opportunity in HIGHLY SOUGHT AFTER Green Lake! All units leased on Annual Terms, tenants pay utilities, no HOA. Green Home, divided into 6 units. Each unit has 2 bedrooms, 2.5 baths, Individual 1 car GARAGE, Washer/dryer in unit, fully fenced patio with roof top deck offering amazing views of Seattle Downtown and beautiful Mt Rainier. Open floor plan with gourmet kitchen, SS appliances, steam shower, AC Mini-splits. Walking distance from Restaurants, parks, schools, and much more! Addresses are 1400,1402,1404,1406,1408,1410. Each unit has a separate tax parcel. Rents are below market value.

1404 N 95th Street, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,199,950
2560133 MLS ⋅ ACTIVE Status
Prime Green Lake location just one block from the lake! This fully occupied five-unit property includes two buildings situated on a single tax parcel, offering a total of approximately 3,275 square feet of living space. The west building is a 3-bedroom, 1-bath home with approximately 1,280 square feet, while the east building consists of four 1-bedroom units. The units feature open floor plans and abundant natural light. Property improvements include updated roofs, siding, windows, exterior paint, and electrical systems. Unit #2 was recently remodeled. Additional features include separately metered electrical service, coin-operated laundry, and on-site storage units. With a historically low vacancy rate, strong rental demand, and opportunities to increase income, this property presents an attractive investment opportunity. LR3 zoning may provide additional development potential. Current cap rate: 6.15%.

7103 Linden Avenue N Unit #1-5, Seattle

Listing courtesy of Lotside.

$1,750,000
2562520 MLS ⋅ ACTIVE Status
Empire Flats is a fully renovated 9-unit building conveniently located blocks from Mt Baker Light Rail Station. This is an excellent opportunity for an investor as most of the renovations have been completed and the buyer simply needs to raise rent/income. Comparable rents nearby show that there is room to raise rents significantly without additional upgrades. Empire Flats has spacious units that have been updated throughout with new cabinetry, quartz counters, and stainless appliances. The modernized apartments also have desirable LVP flooring and in-unit laundry. The low maintenance building has a newer roof and exterior paint. There are plans to covert the existing laundry area to a 10th unit (buyer to verify).

3901 Martin Luther King Jr Way S, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,995,000
2560645 MLS ⋅ ACTIVE Status
Nestled in Seattle's most coveted Green Lake neighborhood, this well-maintained 7-unit apartment building offers an exceptional foundation for multifamily investment. Located just steps from the iconic Green Lake Park, the property features an attractive mix of one and two-bedroom units generating consistent, stable rental income in one of the city's most sought-after submarkets. This is an ideal opportunity for both experienced and emerging investors seeking exposure to Seattle's resilient rental market. The property benefits from strong tenant demand, proven longevity, and a premier location in one of the Pacific Northwest's strongest performing neighborhoods—positioning it perfectly for investors looking to build wealth through long-term appreciation and steady cash flow.

6515 5th Avenue NE, Seattle

Listing courtesy of Pacific Crest.

$1,650,000
2555526 MLS ⋅ ACTIVE Status
This is the one!! Very Well maintained 5 unit building in a desirable Ballard and very walkable Location. The building features 3 townhome style 2 bedroom loft units with private balconies and 2 one bedroom units with many upgrades . The building has a shared laundry room and storage for each unit, 2 tandem parking spaces and 3 uncovered spaces in the back, and some longer terms tenants. Very little turnover in this building. Located in the heart of Ballard, don't miss out on this solid turn key investment property.

1750 NW 58th Street, Seattle

Listing courtesy of RE/MAX Metro Realty, Inc..

$1,800,000
2554587 MLS ⋅ ACTIVE Status
Well-maintained six-unit multifamily property located in the heart of Ballard, one of Seattle's most sought-after rental markets. Two units have been fully renovated within the past year, while the remaining four have been tastefully updated in recent years and are in excellent condition. Ideally situated within walking distance of Ballard's vibrant Market Street, residents enjoy convenient access to popular restaurants, shops, breweries, parks, and everyday amenities. On-site coin-operated laundry provides additional income, and two garage spaces offer the potential for future revenue. With a strong location, quality updates, and room for continued rental growth, this property presents an outstanding investment opportunity.

2209 NW 59th Street, Seattle

Listing courtesy of North Pacific Properties.

$3,200,000
2552535 MLS ⋅ ACTIVE Status
Pasadena Place is a rare eight-unit multifamily opportunity located just minutes from the University of Washington, consisting of five townhomes and one triplex across three buildings. All townhomes were built in 2008, the triplex was built in 1927 and renovated in 2025. The property offers a desirable mix of spacious 2-, 3-, and 4-bedroom units averaging approximately 1,000 square feet, creating broad rental appeal in a high-demand neighborhood. All units in the triplex and one townhome have been recently renovated, while the remaining townhomes present a clear value-add opportunity through interior upgrades. Pasadena Place offers investors both stable in-place cash flow and future rental upside.

4218 Pasadena Place NE, Seattle

Listing courtesy of Real Broker LLC.

$1,699,950
2548973 MLS ⋅ ACTIVE Status
Exceptional value-add investment opportunity in Seattle's evolving Rainier Beach neighborhood, just moments from Lake Washington. This 7-unit multifamily property features an ideal unit mix of four 2-bedroom/1-bath units and three 1-bedroom/1-bath units, providing strong in-place income with additional revenue from on-site coin-operated laundry. Current ownership has maintained consistent occupancy while offering the next owner the opportunity to enhance value through cosmetic unit updates as vacancies occur. Investors will appreciate the potential to improve rental income over time while benefiting from immediate cash flow. Situated on an NC155(M)-zoned lot with six tandem parking spaces accommodating up to 12 vehicles, the property also offers long-term redevelopment potential (buyer to verify). Conveniently located near Lake Washington, transit, neighborhood restaurants, shopping, and ongoing community investment, this is a rare opportunity to acquire a well-performing asset with multiple avenues for future growth. Some interior photos have been virtually staged for illustrative purposes only. Virtual staging is limited to furnishings and décor.

9265 57th Avenue S, Seattle

Listing courtesy of eXp Realty.

$4,500,000
2536745 MLS ⋅ ACTIVE Status
The Dolphin is an iconic 8-unit waterfront apartment building prominently situated along the shores of Alki Beach. Meticulously maintained and extensively upgraded, this rare investment opportunity features approximately 65 feet of bulkheaded Puget Sound frontage with sweeping water and Olympic Mountain views. Significant improvements include a complete exterior refit with brick & stucco finishes, marine-grade stainless steel components, fiberglass decks, & an 80-mil PVC roof membrane. Ownership includes primary & secondary tidelands together with boat buoy rights—an increasingly rare waterfront amenity. Distinguished by its signature landscaping & landmark presence along the Alki shoreline, The Dolphin offers a unique combination of quality, location, & long-term investment potential. Conveniently located near Alki Point Lighthouse, waterfront recreation, dining, & neighborhood amenities. A rare opportunity to acquire a legacy-quality waterfront asset in one of Seattle's most sought-after coastal locations. First time on the Market in 30 years!

3015 Alki Avenue SW, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$1,900,000
2541763 MLS ⋅ ACTIVE Status
Originally constructed in 1990, the four-story building consists of five spacious residential apartments and one highly desirable commercial suite, creating a diversified income stream uncommon among properties of this size. The residential component includes four oversized one-bedroom units and one expansive two-bedroom unit, each featuring thoughtful floorplans designed to maximize functionality and natural light. All apartment homes benefit from southern exposure and offer generous living spaces, large bedrooms, well-appointed kitchens with abundant cabinetry, and private outdoor patios. Additional in-unit amenities include a range, refrigerator, dishwasher, microwave, and air-conditioning. The ground-floor commercial space further enhances the property’s appeal, offering an attractive, flexible environment characterized by beautiful hardwood flooring, a kitchenette, and a private shower. This unique component provides investors with additional income diversification while serving a variety of potential tenant uses. The property has been meticulously maintained throughout ownership and features frame construction with durable vinyl siding and a pitched roof that remains in excellent condition. Additional tenant amenities include a common laundry facility, an inviting rooftop deck with neighborhood views, and an exceptional 1:1 parking ratio, an rare feature in Fremont’s urban core.

816 N 38th Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$4,500,000
2541407 MLS ⋅ ACTIVE Status
6%+ cap rate in the heart of West Seattle Morgan Junction! Six tax parcels one building. Acquire 1031 then sell one unit every 2 years make this an advantageous tax move? New construction modern design & luxury commercial grade finishes combined with ideal location check all the boxes for landlord & tenant. Sustainability meets low cost of ownership make this the ideal investment opportunity. Nearly green built w/HE Mitsubishi in-ceiling ductless heating/cooling, dual Panasonic energy recovery ventilators, HE hybrid recirculating HW & heated tile floors. Open floorplan, floor to ceiling windows, ideal for entertaining. Rooftop deck w/commanding Puget Sound & Olympic Mountain views. Primary suite has dual WIC's w/custom built-in closet systems, dual sink vanity & custom shower tile/glass. Off-street parking with EV chargers. Urban living at its finest, steps to the Morgan Junction, dining, coffee, craft beers, Zeek's Pizza & the unsurpassed local & international selections of the West Seattle Town&Country/Thriftway. Minutes to Lincoln Park for hiking/biking & beach combing & Colman Saltwater Pool Seattle's ONLY saltwater swimming pool. Easy to rent, low turnover new construction with all the amenities tenants want make this a landlords dream.

6318 41st Avenue SW Unit #A-F, Seattle

Listing courtesy of Columbia Partners Real Estate.

$1,895,000
2538004 MLS ⋅ ACTIVE Status
Bittertree Condominiums is an eight-unit apartment building at 13310 Greenwood Ave N in Seattle’s Greenwood neighborhood. Built in 1996, the property features two large studios, two one-bedroom units, and four two-bedroom units. All units include in-unit washers and dryers, private balconies, and access to a secured garage with seven parking stalls. The building sits on a 6,787 SF LR3 (M) zoned lot on Greenwood Avenue. This is a stabilized asset with upside potential. Five units have been updated with luxury vinyl plank flooring and newer appliances. The remaining three are occupied by long-term tenants with below-market rents, offering an opportunity to increase income through natural turnover. With separate electric meters, water sub-metering, and modern construction, the property offers a low-maintenance, efficient operating profile. Seller financing is available with 30% down and a five-year interest-only term: 5.0% interest in years one and two, and 5.5% in years three through five. The investment delivers a 5.7% cap rate and 7.2% cash-on-cash return at acquisition, increasing to a 6.6% cap rate and 10.2% cash-on-cash return as rents reach market levels.

13310 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$2,400,000
2537323 MLS ⋅ ACTIVE Status
We are pleased to present Twin Cedars Apartments, an 8-unit apartment built in 1968 in Seattle’s coveted Magnolia neighborhood, within steps of Discovery Park. The building offers 31BD averaging 732SF and 5 2BD averaging 967SF, with efficient floor plans. With 2BD units comprising 63% of the building, the unit mix is squarely aligned with the unit type that drives the strongest tenant demand and longest retention across Seattle’s rental market. _of the 8 units have been updated with stone countertops and LVP flooring, delivering a modernized interior foundation. Roof replaced and cedar siding resided in 2020 keep the exterior in sound condition, and a newly improved bike storage room adds a practical amenity that current ownership has not yet monetized. Parking income similarly remains uncaptured, giving a new owner immediate, low-effort revenue opportunities from day one. Twin Cedars operates with discipline already in place. RUBS and pet rent keep utility costs off the owner’s bottom line, and a stable, long-tenured tenant base reflects both the building’s quality and the neighborhood’s enduring appeal. With in-place rents close to market, the clearest path to income growth is the addition of in-unit laundry upon turnover. Comparable Magnolia buildings demonstrate rental premiums of 15% or more from this single upgrade, and combined with parking and bike storage activation, the income levers are identified, accessible, and ready for a new owner to execute.

3510 W Elmore Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$1,499,500
2534680 MLS ⋅ ACTIVE Status
Incredible value-add multifamily opportunity in Seattle’s highly sought-after Northgate neighborhood! This turn-key 6-unit building features a fantastic unit mix of four 2-bed/1-bath units and two 1-bed/1-bath units, situated back off a quiet residential dead-end street north of Green Lake. Multiple units have been beautifully and tastefully updated, including a recent comprehensive remodel of Unit 2. Every unit offers modern conveniences including in-unit washers/dryers, dishwashers, private decks, storage lockers, and dual-pane vinyl windows. 100% occupied with stable cash flow and rents still sitting below market potential. Features an attractive, low-maintenance exterior, 6 dedicated parking spaces (including 4 carport spots), and a fire sprinkler system. Unbeatable location within walking distance to the Northgate light rail/bus lines, shopping, dining, and easy I-5 access. Perfect for an investor looking for a high-performing asset in a premier rental market!

10732 Stone Avenue N Unit #1-6, Seattle

Listing courtesy of WPI Real Estate Services, Inc..

$1,950,000
2529447 MLS ⋅ ACTIVE Status
A rare opportunity! Tucked just two streets from the tranquil shores of Lake Union is Yale Properties. One of Seattle's gems-offering a rare blend of neighborhood charm, thoughtful design, and sweeping views of the Seattle skyline, Space Needle, and lake. Yale Properties offers six units. Two 2 bedroom units and four 1 bedroom units. Three enclosed garages out front and four parking spaces at the back of the property plus expansive community deck. Interior blueprint designed with high end appliances, LV flooring, ductless mini split HVAC and modern interior design. Entire building has updated electrical to handle high power loads and provide separate billing for each unit. Strolling through Eastlake feels like stepping into a carefully curated gallery. Classic Victorian homes stand in conversation with sleek modern architecture, while iconic floating homes add a uniquely Seattle dimension to the landscape. Each street tells a story rich with history, character, and quiet sophistication. Residents here share more than just proximity-they share a lifestyle. Weekdays offer seamless access to downtown Seattle, making productivity feel effortless. By contrast, weekends unfold at a slower pace, with kayakers gliding across Lake Union and neighbors gathering at the local farmer's market.

2366 E Yale Avenue E, Seattle

Listing courtesy of North Pacific Properties.

$2,550,000
2531266 MLS ⋅ ACTIVE Status
Presenting the Fairseas Apartments, an eight unit multifamily property in the North Queen Anne neighborhood of Seattle. The asset delivers a 5.8% current cap rate on day one—a stabilized, high income-producing return in a submarket where most comparable listings are priced at sub-5.25% current yields. Six of the eight units have been fully renovated with market-quality finishes, including four 2BD/1BTH, one 1BD/1BTH, and one 1BD+Den/1BTH. The two original 1BD/1BTH units are occupied by long-term tenants paying below-market rents, representing significant upside to bring them to the same finish and rent tier as the rest of the building—without touching the renovated units or stabilized income. In-place renovated rents already reach $1,800 on the one bedroom, validating the finish level. The building also features a new Durolast roof and a full exterior refresh (paint, lighting, signage) within the last three years. It sits on an 8,400 SF LR3 RC (M) zoned lot with 12 on-site parking stalls in a walkable location: a short walk to Seattle Pacific University, the RapidRide D Line, and the retail and dining on 15th Avenue West, with direct commuter access to South Lake Union, Downtown Seattle, Ballard, and Fremont. North Queen Anne continues to benefit from supply-constrained multifamily stock and durable renter demand tied to SPU, the Fishermen's Terminal maritime cluster, and the Fremont tech corridor.

1401 W Bertona Street, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,795,000
2531058 MLS ⋅ ACTIVE Status
Kos Apartments is a five unit multifamily property located in the Ballard neighborhood of Seattle. All five units are two bedroom, two bathroom residences averaging 990 square feet, positioned on a 5,100 square foot LR3 RC (M1) zoned lot. The property was constructed in 1978 and features wood frame construction, double pane vinyl windows, copper plumbing, and five dedicated parking stalls including four carport stalls. Two of the five units have been renovated and are leased at rents approaching market. The remaining three units are in original condition and leased month to month, with two tenants in place since 2011. This tenant structure presents a clean path for a renovation value-add play: as legacy tenants turn, a new owner can renovate the units to the same finish level as the two renovated units, supporting a renovated rent target of $2,550 per unit and a 6.4% proforma cap rate. Ballard continues to see strong rental demand driven by proximity to downtown Seattle, Fremont, and the broader South Lake Union employment corridor, as well as walkable retail, waterfront access, and established transit connectivity.

5816 14th Avenue NW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$2,490,000
2532021 MLS ⋅ ACTIVE Status
Leschi Flats is a turnkey asset in one of Seattle's most desirable neighborhoods. The property enjoys views of Lake Washington and convenient access to nearby parks, dining, and major employers. It consists of 2 side-by-side fourplexes on individual parcels that showcase a charming vintage aesthetic, thoughtfully enhanced by a 2012 remodel. This extensive renovation included all new plumbing and electrical systems, along with fully updated kitchens, baths, and living spaces. The units offer in-unit laundry and dishwashers. Additional features include high-quality finishes such as Andersen Fibrex windows in most units, fire sprinklers throughout, and secured entry with both front and back access for each residence. The unit mix is comprised of 4 one-bed and 4 two-bed units - all designed as corner units with high ceilings and abundant natural light. Each is individually metered for water with dedicated shutoffs already in place, providing a clear path to implementing a utility bill-back system. Significant upside exists through raising rents and increasing parking/storage fees. There are 9 total parking spaces (8 off-street stalls and a large garage). Additional amenities include a BBQ area and Zen Garden, as well as owner's office and storage space. The property's LR1 (M) zoning and 14,711-SF lot size present a compelling land bank opportunity for future development. In addition, the 2 fourplexes can be financed separately with residential financing.

109 115 30th Avenue, Seattle

Listing courtesy of Kidder Mathews.

$1,400,000
2530629 MLS ⋅ ACTIVE Status
Rare corner lot development or renovation opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. Zoned LR2(M), this 3,600 SF corner parcel features an existing ~5,500 SF two-story structure that served as a neighborhood anchor for over four decades. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional site utility and flexibility. Newer multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation and strong momentum in this neighborhood. Ideally situated within walking distance of Swedish Hospital Cherry Hill, Seattle University, and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for the area. Buyer to verify all zoning, permitting, and development feasibility

601 21st Avenue, Seattle

Listing courtesy of Asay Realty.

$3,350,000
2529866 MLS ⋅ ACTIVE Status
We are pleased to present Franklin 8 in Seattle’s Eastlake neighborhood! Built in 1967, the 8-unit asset comprises ~7,458 SF and features 8 spacious 2BD, 1BTH units. Each features a private patio or balcony and the large 930 SF floorplans include dedicated dining spaces, large closets, and pantry storage. The top floors units feature Clerestory height ceilings and windows in the living space. 2 units have been fully remodeled and equipped with in-unit laundry, providing the template to realize additional upside in completing renovations on the remaining 6 units. Significant capital improvements have been completed in 2023, including a reseal roof, replaced cedar siding, updated fencing, and improved landscaping. The building also features double paned windows throughout. In addition to its steady in-place performance and renovation upside, the asset presents investors with a unique opportunity to further increase density through the redevelopment of the rear parking lot which should support a 4-story building addition programed either as townhomes or eight potential new apartments (Buyer to verify). Positioned in one of Seattle’s most supply constrained and high-demand rental submarkets, the property supports the execution of multiple strategies for significant value add and upside building on a base of consistent and durable cashflow.

2362 Franklin Avenue E, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$2,500,000
2528093 MLS ⋅ ACTIVE Status
Located along a quiet residential street between the vibrant 15th Avenue and 19th Avenue commercial corridors, Mod 19 offers residents immediate access to Capitol Hill’s restaurants, coffee shops, boutiques, grocery stores, and neighborhood amenities. Broadway, the Pike/Pine Corridor, Volunteer Park, and the Capitol Hill Light Rail Station are all within close walking distance, providing convenient access to Downtown Seattle, South Lake Union, the University District, and SeaTac Airport. Situated on a 4,000 square foot LR3-zoned lot, the property consists of eight thoughtfully designed units including four studios averaging approx. 255 SF, three 2BR/1BA units averaging approx. 620 SF, and a two-story penthouse 2BR/2BA unit totaling approx. 923 SF with expansive city, lake, and mountain views from the living room and private rooftop deck. The property features modern finishes throughout including granite countertops, stainless steel appliances, in-unit laundry, tile bathrooms, vinyl plank flooring, and large dual-pane vinyl windows. Additional features include hydronic radiant floor heating, individual hot water tanks, and modern electrical, plumbing, roofing, siding, and window systems consistent with newer construction standards. With modern design, durable construction, and an irreplaceable Capitol Hill location, Mod 19 Apartments offers investors a compelling combination of strong tenant demand, operational efficiency, and long-term appreciation potential.

1814 E Denny Way, Seattle

Listing courtesy of Westlake Associates, Inc..

$2,500,000
2528598 MLS ⋅ ACTIVE Status
Rare investment opportunity in South Seattle! Short sale. Nearly completed 6-unit construction project with strong upside and rental income potential. Major construction is complete, with remaining work including paving, landscaping, parking improvements, and interior finishing touches. Estimated completion costs around $300K. Projected market value upon completion is approximately $3M. Excellent opportunity for builders, investors, or developers looking to finish a high-potential project. Conveniently located 3 minutes to I-90 and a 14-minute walk to Beacon Hill Station with easy access to Seattle, Eastside tech hubs, and Sea-Tac Airport. 84 Walk Score and 75 Transit Score.

2317 22nd Avenue S, Seattle

Listing courtesy of John L. Scott Mill Creek.

$1,975,000
2520299 MLS ⋅ ACTIVE Status
We are pleased to present Bella Marie, a fully occupied six-unit multifamily property with ground-floor retail located in Phinney Ridge, one of Seattle’s most desirable residential neighborhoods. The property consists of two buildings. The main building, constructed in 1950, houses three one-bedroom apartments, a two-story three-bedroom/two-bath penthouse residence with a private rooftop deck overlooking Green Lake, and ground-floor retail along Phinney Ave. A detached one-bedroom townhome, built in 2004, is positioned above three covered parking spaces, providing added privacy and a distinct rental experience. The main building has been fully rewired with newer electrical panels, and all windows have been updated to double-pane vinyl throughout. Offered at a 5.95% in-place capitalization rate with additional upside to market rents, the asset combines stabilized cash flow with an irreplaceable Phinney Ridge location — convenient to Downtown Seattle, South Lake Union, Fremont, and Green Lake, with strong neighborhood walkability and proximity to Woodland Park Zoo.

6512 Phinney Avenue N, Seattle

Listing courtesy of Northmarq Multifamily, LLC.

$1,475,000
2509905 MLS ⋅ ACTIVE Status
Well-maintained 6-unit apartment building in the heart of Greenwood, one of Seattle's most desirable rental markets. This property features an ideal unit mix of five 1-bedroom units and one 2-bedroom unit, offering strong and consistent rental demand. Located just blocks from shops, dining, and transit, tenants enjoy a highly urban lifestyle. A rate opportunity to own a stable, income-producing asset in a prime location with upside potential. Recent upgrades include 4 updated units, new doors, new siding, new paint and an updated storage and laundry area. Landscaped for great street appeal.

7618 Greenwood Avenue N, Seattle

Listing courtesy of The Saki Group LLC.

$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 courtesy of Blake Investment Advisors.

$1,600,000
2506604 MLS ⋅ ACTIVE Status
Perfectly positioned on a corner lot in coveted Capitol Hill, this colonial-style property offers an exceptional blend of character and location. Just steps from iconic Volunteer Park and within easy reach of vibrant shops and restaurants, it embodies the best of urban living. Each of the five one-bedroom, one-bath residences features hardwood floors, leaded-glass built-ins, and expansive windows that invite in abundant natural light. Four of the units have been thoughtfully updated with refreshed kitchens (4) and baths (3), complemented by improvements to plumbing, electrical systems, and appliances. Most windows have been replaced. A spacious basement provides shared laundry and additional storage, while three garage bays offer the convenience of off-street parking. With close proximity to light rail, bus lines, and freeway access, getting around is effortless. Rich in original detail and meaningful upside potential, this is a compelling investment opportunity in one of Seattle’s most sought-after neighborhoods.

746 10th Avenue E, Seattle

Listing courtesy of COMPASS.

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