Eastlake Homes with 56 - 10+ Units Style

Welcome to Eastlake, a vibrant neighborhood nestled along the shores of Lake Union in Seattle, Washington. Known for its picturesque waterfront views and a friendly, community-oriented atmosphere, Eastlake is a hidden gem that perfectly blends urban living with natural beauty.

Residents enjoy a diverse mix of historic and modern architecture, with homes that range from charming bungalows to contemporary multi-family units, particularly appealing for those interested in properties with 56 to 10+ units. This variety provides ample opportunities for investment or multi-generational living, making it an attractive option for families and investors alike.

The neighborhood boasts a rich tapestry of local amenities, including cozy cafes, trendy restaurants, and boutique shops that line Eastlake Avenue. Whether you're grabbing a cup of artisanal coffee or enjoying a meal at one of the waterfront eateries, you'll appreciate the unique charm and character that Eastlake has to offer.

Outdoor enthusiasts will love the proximity to parks and walking trails, with the scenic Burke-Gilman Trail running nearby, perfect for biking, jogging, or leisurely strolls along the lake. The community hosts various events throughout the year, fostering a strong sense of belonging among residents.

With its desirable location just minutes from downtown Seattle, Eastlake provides easy access to all the cultural and economic opportunities the city has to offer. Whether you're looking to invest in a multi-unit property or find a cozy home, Eastlake is a neighborhood that truly captures the essence of Seattle living. Come explore and discover the warmth and vibrancy of Eastlake today!

Newest Eastlake Homes with 56 - 10+ Units Style

$3,095,000

2518111 MLS ⋅ ACTIVE Status

The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).

2318 Yale Avenue E, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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