Seattle Homes with 55 - 5-9 Units Style

Located in the vibrant city of Seattle, Washington, the neighborhood of Homes with 5-9 Units offers a unique blend of urban convenience and community charm. Nestled in King County, this area is known for its diverse range of housing options, including the distinctive 5-9 unit style homes that cater to a variety of lifestyles.

Residents of this neighborhood enjoy easy access to a plethora of amenities, including trendy cafes, local boutiques, and beautiful parks. With a bustling real estate market, finding the perfect home in this sought-after area is a breeze. Whether you're looking for a cozy apartment or a spacious townhouse, Homes with 5-9 Units has something for everyone.

In addition to its residential appeal, Seattle boasts a thriving job market, top-rated schools, and a lively cultural scene. From iconic landmarks like the Space Needle to the stunning waterfront views, living in this dynamic city means experiencing the best of the Pacific Northwest. Embrace the urban lifestyle and make Homes with 5-9 Units in Seattle your next home sweet home.

Newest Seattle Homes with 55 - 5-9 Units Style

$1,850,000

2546321 MLS ⋅ ACTIVE Status

WPI Real Estate is pleased to present 12741 35th Ave NE, an 8-unit apartment building in the heart of North Seattle. Reconstructed in 1999, keeping only the foundation and frame, the building totals 6,351 gross square feet and comprises 5 two-bedroom and 3 one-bedroom units across approximately 5,515 rentable square feet, set on a 7,121SF corner lot zoned Lowrise 2 (M). The property is offered at an actual cap rate of 5.39%, with attractive owner financing available: 50% down @ 5% fixed interest, amortized over 360 months on a 5-year term. It delivers a stabilized income stream today, with clear upside through utility pass-through/RUBS implementation, adding additional units (buyer to verify) or updates as units turn. The building offers a desirable unit mix with functional layouts appealing to long-term tenants. Most units are corner homes with ample natural light, and many have vaulted ceilings and private balconies or patios. On-site parking and easy street access add to tenant convenience, while low-maintenance HardiPlank siding and a pitched roof (replaced in 2019) keep operating expenses low. Current rents present the opportunity for strategic increases through unit turns. With Seattle's continued population growth, zoning changes, and limited housing supply, this property is well-positioned for appreciation and sustained demand.

12741 NE 35th Avenue NE, Seattle

Listing courtesy of WPI Real Estate Services, Inc..

$2,450,000

2452589 MLS ⋅ ACTIVE Status

Arun Apartments "PERMITTED" Development Site. The current permitted property is shovel ready for immediate development and is located in the highly desirable East Queen Anne/Westlake neighborhood of Seattle which offers immediate redevelopment potential in one of Seattle’s most supplyconstrained and sought-after multifamily submarkets. Beyond the existing remodeled 6 units, the site's zoning, pre-obtained permitting and design combine the two existing lots, allowing for an immediate development project consisting of five 4-story rowhouses. This feature presents an invaluable opportunity to bypass the typical lengthy permitting process where investors can elect to execute the permitted project for sale or long-term rental income.

1809 5th Avenue N, Seattle

Listing courtesy of Pacific Crest.

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