Multi Family homes for sale & real estate in Magnolia-Queen Anne, WA

Multi Family Home for sale in Magnolia-Queen Anne, WA:

Located in the heart of Ballard, this classic 1910 corner lot and legal duplex home welcomes your vision. This home offers period details such as original hardwoods, wood finishes, French doors to living room, formal dining room. Large kitchen, center island. Sundeck off kitchen, access to rear deck, yard and garden space. 1 bedroom on main, 2nd story couples 3 bedrooms, full bath, large walk-in attic storage space. Basement boasts exceptional workshop space, storage, potential for additional bedrooms. Attached 1 bedroom rental unit. Full kitchen, bath, access through main house or separate side entrance. Two parking pads, ample off-street parking. Minutes away from restaurants, shopping, m

Multi Family Home for sale in Magnolia-Queen Anne, WA:

Exceptional investment opportunity in the highly desirable Fremont/Wallingford neighborhood. Well-maintained 6-unit building featuring a rare mix of four 2BD units and two spacious 4BD, 2 bath units—consistently easy to rent with strong tenant demand. Six secure, covered parking spaces. Durable Hardie Plank siding and on-site laundry. Current ownership has kept rents below market, offering immediate income upside for the next investor. Outstanding location with quick access to UW, South Lake Union, and downtown via bus, bike, or car. Unit #2 recently remodeled, all new flooring, quartz, millwork. Well maintained asset. 2024 CAP RATE 4.43%. 2025 Projected CAP RATE 4.76%.

Multi Family Home for sale in Magnolia-Queen Anne, WA:

A well maintained 9 unit investment opportunity in the heart of Wallingford-Fremont. Seller financing possible. Requires great credit and minimum 30% down. Terms negotiable. Long term tenants w/ low turnover provides stable, low maintenance investment. Building offers instant equity & opportunity by continuing to renovate/upgrade units upon resident turnover. Unit mix consists of 6 one bedrm and 3 two bedrm units with most tenants residing for many years. Eight units feature a deck. On-site laundry and 11 off street pkg spaces. Double paned windows in most units. New tear-off roof replacement 5 years ago. This is a great opportunity for investors looking to grow in a dynamic, high dem

Multi Family Home for sale in Magnolia-Queen Anne, WA:

11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.18% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.

Multi Family Home for sale in Magnolia-Queen Anne, WA:

The Belmont Mansion is a boutique 5-unit multifamily opportunity located in the heart of vibrant Capitol Hill. Built in 1903, this charming and well-kept property blends historic character with modern upgrades, offering a rare chance to acquire a legacy asset with strong income and future development upside. The 5 spacious units include a fully remodeled penthouse owner’s unit. Moreover, the 5,000 SF midrise zoned lot allows for a 22,500 SF bldg. Located near the Light Rail Station and surrounded by some of Seattle’s most iconic restaurants, cafes, and nightlife, this property is ideal to attract long-term tenants and benefit from continued growth. With its irreplaceable locatio

Multi Family Home for sale in Magnolia-Queen Anne, WA:

Built in 2015, 2418 Ballard offers immediate rental upside with rents ~13% below market. Priced at $5.3M ($126K/unit), recent leases show 10% rent growth. Prime Ballard location just three blocks from Market St and 24th Ave with easy access to downtown. Features 42 efficient micro units averaging 196 SF with modern finishes and kitchenettes (varies by unit). Amenities include communal kitchens, rooftop deck, garden, laundry, and high-speed internet. Walk Score 97, near future Ballard Station (2039).