Seattle Homes with 55 - 5-9 Units Style

Seattle Homes with 55 - 5-9 Units Style

Welcome to the vibrant city of Seattle, located in the beautiful state of Washington. Seattle, situated in King County, is a diverse and dynamic city known for its stunning natural surroundings, thriving tech industry, and rich cultural scene.

If you are looking for a home in Seattle with 5-9 units, you are in luck. This style of property is popular in the city and offers a unique investment opportunity. Whether you are looking to live in one unit and rent out the others or purely as an investment, homes with 5-9 units in Seattle are a fantastic choice.

Seattle's neighborhoods each have their own distinct charm and appeal. From the trendy cafes and boutiques of Capitol Hill to the stunning views of Puget Sound from West Seattle, there is a neighborhood to suit every lifestyle. Enjoy the bustling nightlife of Belltown, the family-friendly atmosphere of Ballard, or the historic architecture of Pioneer Square.

Seattle is also a paradise for outdoor enthusiasts, with easy access to hiking, skiing, and water sports. Explore the iconic Pike Place Market, catch a game at CenturyLink Field, or take a leisurely stroll through the Washington Park Arboretum.

With its strong job market, excellent schools, and abundance of recreational activities, Seattle is a fantastic place to call home. Discover the perfect home with 5-9 units in this vibrant city and start enjoying the best that the Pacific Northwest has to offer.

Newest Seattle Homes with 55 - 5-9 Units Style

$1,850,000
2546321 MLS ⋅ ACTIVE Status
WPI Real Estate is pleased to present 12741 35th Ave NE, an 8-unit apartment building in the heart of North Seattle. Reconstructed in 1999, keeping only the foundation and frame, the building totals 6,351 gross square feet and comprises 5 two-bedroom and 3 one-bedroom units across approximately 5,515 rentable square feet, set on a 7,121SF corner lot zoned Lowrise 2 (M). The property is offered at an actual cap rate of 5.39%, with attractive owner financing available: 50% down @ 5% fixed interest, amortized over 360 months on a 5-year term. It delivers a stabilized income stream today, with clear upside through utility pass-through/RUBS implementation, adding additional units (buyer to verify) or updates as units turn. The building offers a desirable unit mix with functional layouts appealing to long-term tenants. Most units are corner homes with ample natural light, and many have vaulted ceilings and private balconies or patios. On-site parking and easy street access add to tenant convenience, while low-maintenance HardiPlank siding and a pitched roof (replaced in 2019) keep operating expenses low. Current rents present the opportunity for strategic increases through unit turns. With Seattle's continued population growth, zoning changes, and limited housing supply, this property is well-positioned for appreciation and sustained demand.

12741 NE 35th Avenue NE, Seattle

Listing courtesy of WPI Real Estate Services, Inc..

$1,485,000
2486345 MLS ⋅ ACTIVE Status
Lake Vista apartments of an old world charm brick building. Situated in the vibrant Eastlake neighborhood, 3 blocks E of Lake Union. Eastlake and S Lake Union the hub to High Tech, Biotech, & medical research companies like Amazon headquarters, Bill & Melinda Gates foundation, Zymogenetics etc. Units feature hardwood floors, updated electrical panels, central radiant heat, spacious floor plans, old world charm. Rents have room to increase. Well maintained building with very low vacancy rate. Building has solar panels for an additional ANNUAL income of $560.00/YR, and leased washer income of $383.00/YR The lot has been short platted 5ft from the back of the building, please refer to the supplements for specifics. PLEASE do not talk/contact any of the tenants

2311 Yale Avenue E, Seattle

Listing courtesy of eXp Realty.

$2,450,000
2452589 MLS ⋅ ACTIVE Status
Arun Apartments "PERMITTED" Development Site. The current permitted property is shovel ready for immediate development and is located in the highly desirable East Queen Anne/Westlake neighborhood of Seattle which offers immediate redevelopment potential in one of Seattle’s most supplyconstrained and sought-after multifamily submarkets. Beyond the existing remodeled 6 units, the site's zoning, pre-obtained permitting and design combine the two existing lots, allowing for an immediate development project consisting of five 4-story rowhouses. This feature presents an invaluable opportunity to bypass the typical lengthy permitting process where investors can elect to execute the permitted project for sale or long-term rental income.

1809 5th Avenue N, Seattle

Listing courtesy of Pacific Crest.

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