Multi Family homes for sale & real estate in 98168, WA

Multi Family Home for sale in 98168, WA:

Excellent investment opportunity in the heart of Old Burien! This well-maintained duplex offers two spacious units in goodcondition, both currently operating with steady income. Ideally located near Old Burien’s shops, restaurants, parks, andtransit with quick freeway access. Perfect for investors or owner-occupants looking for rental potential in a highly desirablearea. A solid property in a vibrant and growing community

Multi Family Home for sale in 98168, WA:

Mary Cate Apartments is located in a high demand area with all heavy lifting done! Brand new TPO roof, new hardi siding and new exterior paint in 2024, 6 out of 8 units beautifully renovated. A savvy investor can achieve an above-market return immediately, by renovating the remaining 2 units to stabilize at a cash-on-cash return exceeding 7% and an internal rate of return (IRR) of 20%. Located just blocks from restaurants, shopping, and grocers. Mary Cate is ideally positioned for tenants and comprises four 605-square-foot one-bedroom/one-bath units and four 805-square-foot two-bedroom/one-bath units. Each unit features spacious layouts, patios or balconies, access to onsite common laundry,

Multi Family Home for sale in 98168, WA:

6.6%+ Proforma Cap Rate! Built in 1999, the Lake Burien Townhomes are located in the heart of Downtown Burien and offer tremendous income upside and value-add potential. The buildings offer a desirable mix of large two-bedroom and three-bedroom units that all have two-and-a-half bathrooms. All units are well-appointed and include a large private two-car garage, balconies, ample storage and walk-in closets, spacious and modern floorplans and kitchens with full appliance packages and breakfast bars. The buildings are situated on a single 15,000 square foot parcel with a central common driveway. Limited new supply and strong market demand for large, modern units make this a desirable place for

Multi Family Home for sale in 98168, WA:

Built in 1967, the Holly Lane Apartments sit on a 12,846 sqft lot in a peaceful lakeside neighborhood in the heart of downtown Burien. The building is comprised of 10 spacious two-bedroom/one-bathroom floor plans that average 925 sqft. The apartments have functional layouts, abundant storage, complete kitchen appliance packages, and private balconies/patios. The units have been well maintained with a mix of “classic” interior finishes and light updates such as LVP flooring and appliances. Building features and amenity spaces include a very large common laundry area on the lower level, secure resident and manager/owner storage lockers and a large office space suitable for a prope

Multi Family Home for sale in 98168, WA:

Low maintenance duplex with development potential! Perfect for first-time investor or owner occupant or buy & redevelop with new zoning opportunities. One story building with two units (Unit A -- 2 bed, 1 bath and Unit B -- 1 bed, 1 bath). Lot is flat and has ample off street parking on corner lot. This central Burien location offers convenient access to schools, South Center, SeaTac Airport, I-5, I-405, 509, HWY 518 and buses - easy to rent & easy to manage. New MU-1 zoning accommodates low rise scale mixed use commercial and multi-family uses central to established neighborhood hubs - lots of potential to add units or redevelop.

Multi Family Home for sale in 98168, WA:

Nine unit apartment building in Burien, long time tenants, easy to rent, so never a vacancy. Original owners have methodically maintained all units, replacing and updating appliances, windows and fixtures. Parking for all units plus guest parking, coin op laundry and small office on site. A quick walk to downtown Burien, just three blocks away. Great opportunity.