University District Homes with 54 - 4-Plex Style

Welcome to the vibrant University District, a dynamic neighborhood nestled in the heart of Seattle, Washington. Renowned for its eclectic mix of culture, education, and community spirit, the University District is a thriving hub that attracts students, families, and professionals alike. With the University of Washington as its centerpiece, this area is alive with energy, offering a unique blend of academic excellence and urban amenities.

The University District boasts a charming array of homes, particularly the sought-after 4-plex style properties. These multi-family residences not only provide an excellent investment opportunity but also foster a sense of community living. Imagine sharing a beautifully designed space with neighbors who might become lifelong friends. With spacious layouts and modern amenities, these homes cater to a variety of lifestyles, whether you’re a student looking for a convenient place to live or a family seeking a welcoming neighborhood.

The streets of the University District are lined with an array of cafes, restaurants, and shops, making it easy to enjoy a vibrant lifestyle. From artisanal coffee shops to eclectic eateries, there’s something for everyone. The neighborhood is also well-connected by public transportation, ensuring easy access to downtown Seattle and beyond.

In addition to its lively atmosphere, the University District is home to beautiful parks and green spaces, perfect for leisurely strolls or weekend picnics. With a rich cultural scene, including art galleries and theaters, this area truly embodies the spirit of Seattle living. Discover your dream home in the University District and become part of this remarkable community!

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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