Queen Anne/Magnolia Homes with 54 - 4-Plex Style

Queen Anne/Magnolia Homes with 54 - 4-Plex Style

Welcome to the charming region of Queen Anne/Magnolia in Seattle, Washington! Nestled in King County, this area offers a perfect blend of urban convenience and natural beauty.

Queen Anne boasts stunning views of the city skyline, Puget Sound, and the Olympic Mountains, while Magnolia is known for its lush greenery and serene residential streets. Residents here enjoy easy access to trendy cafes, boutique shops, and beautiful parks, making it a sought-after location for those looking to live in a vibrant community.

If you're in the market for a home with a 4-Plex style, you're in luck! The Queen Anne/Magnolia region offers a variety of properties that fit this description. Whether you're looking for a cozy unit or a spacious layout, there's something for everyone in this area.

From historic homes with character to modern condos with all the amenities, Queen Anne/Magnolia has it all. With a strong sense of community and a range of housing options, this region is the perfect place to call home. Don't miss out on the opportunity to live in one of Seattle's most desirable neighborhoods!

Newest Queen Anne/Magnolia Homes with 54 - 4-Plex Style

1953 10th Avenue W, Seattle
$1,495,000
2585477 MLS ⋅ ACTIVE Status
We are pleased to present the 10th Ave W Fourplex in Seattle’s Queen Anne neighborhood. This offering presents a rare combination of immediate usability, flexible investment strategies, and future upside. Delivered vacant, the property is well suited for an owner occupant seeking to move in immediately while renovating or repositioning the remaining units over time. The property may also appeal to townhome developers evaluating the LR1 (M) zoning and 7,200 square foot lot for future redevelopment potential, subject to buyer verification. It features four individually metered residences with a unique mix of updated interiors, double pane windows offering sweeping views, and in unit washer and dryers. The units include hardwood flooring, stainless steel and white appliances, dishwashers, updated cabinetry, private deck access, and walk-in closet space. Recent improvements include a replacement water heater system completed in 2023 and electrical upgrades completed in conjunction with the water heater installation. The building also includes basement storage, seven parking spaces, and two garage spaces. With a blend of existing improvements and additional upside through continued interior modernization and operational review, the property presents investors with the opportunity to acquire a well located small multifamily asset in one of Seattle’s most established rental neighborhoods

1953 10th Avenue W, Seattle

Listing Broker: Lee & Associates Commercial RE; Dea Sumantri; 206-773-2680; dsumantri@lee-associates.com

1 Dravus Street, Seattle
$995,000
2582564 MLS ⋅ ACTIVE Status
The Dravus Fourplex consists of four thoughtfully configured units, including two studios, a 2BD/1BTH unit, and a 1BD/1BTH unit with a den. Each unit features in-unit W/D, vinyl plank flooring, and updated appliances. Select units have received more extensive renovations, including gray shaker cabinetry, quartz-style countertops, modern fixtures, and other contemporary finishes, while the remaining units have been updated over time as needed and maintained in good condition. The property is exceptionally well located, with Fremont just a five-minute walk across the Fremont Bridge, providing immediate access to the neighborhood’s restaurants, bars, retail, and entertainment. Opportunities to acquire a renovated and well-positioned fourplex in Queen Anne are increasingly rare. With the building’s major systems addressed, a new roof, renovated interiors, and strong proximity to Fremont and Queen Anne, the Dravus Fourplex offers an attractive combination of current income and future upside. Unit 3 has recently become vacant, creating an excellent owner-user opportunity for a buyer looking to occupy one unit while benefiting from rental income from the remaining three. The property is already operating well, while additional upside exists through the potential to implement utility bill-backs, providing a clear path to further increase income and improve overall operating performance.

1 Dravus Street, Seattle

Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com

2657 Thorndyke Avenue W, Seattle
$1,150,000
2562308 MLS ⋅ ACTIVE Status
Fantastic opportunity to own a well-located fourplex in Seattle’s desirable Magnolia neighborhood. Three units are currently leased, while Unit 3 is intentionally being held vacant to provide easy access for showings and flexibility for the next owner. Ownership has historically prioritized stable, long-term tenancies and limited turnover, resulting in several rents remaining on the lower end and offering potential for future income growth. The property includes four dedicated off-street parking stalls—one for each unit—on-site laundry and a shared backyard area. Zoned LR3(M), the property may also offer long-term redevelopment or value-add possibilities, subject to buyer verification and applicable City of Seattle requirements. Conveniently located near Magnolia Village, Discovery Park, Queen Anne, Ballard and Downtown Seattle, with easy access to neighborhood shops, restaurants, parks, transit and major employment centers. An appealing opportunity for an investor or owner-occupant seeking established rental income, immediate leasing flexibility and long-term potential in one of Seattle’s most established neighborhoods. Please do not disturb tenants.

2657 Thorndyke Avenue W, Seattle

Listing Broker: Realogics Sotheby's Int'l Rlty; Demetre Skepetaris; 206-910-6203; demetre@tomandrebecca.com

604 W Kinnear Place, Seattle
$3,900,000
2557146 MLS ⋅ ACTIVE Status
Queen Anne Jewel: Exceptional Four-Unit Investment or Grand Single-Family Conversion. Discover one of the finest real estate opportunities in Seattle’s most picture-perfect neighborhood. Perched in a premier Queen Anne location surrounded by multi-million dollar estates, this one-of-a-kind property offers breathtaking, unobstructed views of the Space Needle, Mt. Rainier, Elliott Bay, the Downtown Seattle skyline, and both the Cascade and Olympic mountain ranges. Currently configured as four meticulously upgraded units (three 2-bed/2.5-bath view units and one 1-bed/1-bath unit), every residence boasts premium appliances, private balconies, gas fireplaces, and in-unit laundry. While it serves as a high-performing luxury income asset, the property also presents a rare and incredible opportunity to convert the structure back into a singular, world-class grand estate. Located just down from iconic Kerry Park and welcoming neighborhood dining, this versatile property is sold as-is. Buyer to investigate to their full satisfaction.

604 W Kinnear Place, Seattle

Listing Broker: Windermere RE West Campus Inc; Kari Roberts; 253-222-5235; kari@kariroberts.com

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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