Phinney Ridge Homes with 55 - 5-9 Units Style

Welcome to Phinney Ridge, a charming neighborhood nestled in the heart of Seattle, Washington. Known for its vibrant community spirit and stunning views of both the Cascade Mountains and Puget Sound, Phinney Ridge offers a unique blend of urban convenience and natural beauty. This diverse neighborhood is perfect for families, professionals, and anyone looking to embrace the Seattle lifestyle.

One of the standout features of Phinney Ridge is its rich array of homes, particularly those in the 5-9 unit style. These multifamily residences provide an inviting atmosphere where neighbors become friends, fostering a sense of community that is hard to find in larger urban settings. With well-designed layouts and modern amenities, these homes cater to a variety of lifestyles while ensuring comfort and convenience. Many units boast outdoor spaces, perfect for enjoying the temperate Pacific Northwest climate.

Phinney Ridge is also a haven for outdoor enthusiasts. The neighborhood is home to the popular Woodland Park Zoo and the expansive Woodland Park, offering ample opportunities for hiking, picnicking, and enjoying nature. Additionally, the vibrant local scene features an eclectic mix of shops, cafes, and restaurants, making it easy to indulge in the best of Seattle’s culinary offerings.

With its blend of community, natural beauty, and convenient access to the city’s amenities, Phinney Ridge is an ideal place to call home. Whether you’re looking for a cozy apartment or a spacious townhouse, this neighborhood has something for everyone, ensuring you can find your perfect slice of Seattle living. Come explore Phinney Ridge and discover the charm that awaits you!

Newest Phinney Ridge Homes with 55 - 5-9 Units Style

$1,975,000

2520299 MLS ⋅ ACTIVE Status

We are pleased to present Bella Marie, a fully occupied six-unit multifamily property with ground-floor retail located in Phinney Ridge, one of Seattle’s most desirable residential neighborhoods. The property consists of two buildings. The main building, constructed in 1950, houses three one-bedroom apartments, a two-story three-bedroom/two-bath penthouse residence with a private rooftop deck overlooking Green Lake, and ground-floor retail along Phinney Ave. A detached one-bedroom townhome, built in 2004, is positioned above three covered parking spaces, providing added privacy and a distinct rental experience. The main building has been fully rewired with newer electrical panels, and all windows have been updated to double-pane vinyl throughout. Offered at a 5.95% in-place capitalization rate with additional upside to market rents, the asset combines stabilized cash flow with an irreplaceable Phinney Ridge location — convenient to Downtown Seattle, South Lake Union, Fremont, and Green Lake, with strong neighborhood walkability and proximity to Woodland Park Zoo.

6512 Phinney Avenue N, Seattle

Listing courtesy of Northmarq Multifamily, LLC.

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