Eastlake Homes with 56 - 10+ Units Style

Welcome to Eastlake, a vibrant neighborhood nestled along the shores of Lake Union in Seattle, Washington. Known for its picturesque waterfront views and a unique blend of urban charm and natural beauty, Eastlake is a hidden gem that captures the essence of Pacific Northwest living.

As you stroll down the tree-lined streets, you’ll discover a delightful mix of historic homes and contemporary architecture, including an impressive selection of multi-family residences ranging from 56 to 10+ units. These homes not only offer spacious living options but also foster a sense of community, making Eastlake an ideal place for families, young professionals, and investors alike.

The neighborhood boasts an array of amenities that cater to every lifestyle. Enjoy leisurely walks along the lakefront, where you can take in stunning sunsets or watch boats glide across the water. Eastlake is also home to a variety of local shops, cafes, and restaurants, serving everything from artisanal coffee to delectable cuisine. The vibrant community spirit is palpable, with frequent local events and gatherings that bring residents together.

For those who love the outdoors, Eastlake offers easy access to parks and recreational opportunities. Nearby, the Burke-Gilman Trail provides miles of scenic pathways for walking, running, and biking, connecting you to other parts of Seattle.

With its prime location, diverse housing options, and a welcoming atmosphere, Eastlake is a neighborhood that truly has it all. Whether you’re looking to invest in a multi-family home or find your perfect place to call home, Eastlake is ready to embrace you with open arms. Come and experience the charm of Eastlake for yourself!

Newest Eastlake Homes with 56 - 10+ Units Style

$3,095,000

2518111 MLS ⋅ ACTIVE Status

The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).

2318 Yale Avenue E, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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