University District Homes with 56 - 10+ Units Style

Welcome to the vibrant and diverse neighborhood of University District, located in Seattle, Washington. Situated in the heart of King County, this bustling area is known for its lively atmosphere, thriving community, and close proximity to the renowned University of Washington.

University District offers an array of amenities, making it an ideal place to call home. With a wide range of dining options, from trendy cafes to international cuisines, food enthusiasts will find themselves spoiled for choice. The neighborhood also boasts a vibrant arts and culture scene, with numerous galleries, theaters, and music venues showcasing local talent.

For outdoor enthusiasts, University District is surrounded by beautiful parks and green spaces. Take a leisurely stroll through the iconic University of Washington campus, enjoy a picnic at Ravenna Park, or explore the stunning Washington Park Arboretum. With its close proximity to Lake Washington and the Cascade Mountains, residents have easy access to hiking, biking, and water activities.

If you're considering investing in real estate, the University District offers a variety of housing options, including homes with 56 - 10+ units style. These properties are perfect for those looking to capitalize on the rental market or provide housing for students and professionals in the area. With the University of Washington attracting a large student population, there is a consistent demand for rental properties in this neighborhood.

In summary, University District is a vibrant and dynamic neighborhood in Seattle, Washington. With its prime location, diverse amenities, and housing options like homes with 56 - 10+ units style, this area offers an excellent opportunity for investors and a desirable place to live for residents.

Newest University District Homes with 56 - 10+ Units Style

$6,500,000

2543808 MLS ⋅ ACTIVE Status

The Laureate presents a rare opportunity to acquire a well-maintained 23-unit multifamily asset building in the heart of the Seattle’s University District neighborhood and walking distance to both the University of Washington and the Link Light Rail Station. Originally built in 1961, the property benefits from recent extensive capital improvements and interior renovations, positioning the asset as a compelling combination of stable in-place income and future revenue growth potential. Ownership has invested significantly in the systems over the past 5 years: including a membrane roof replacement, replacement of all individual hot water tanks, securing and gating the parking for 17 vehicles, as well as overhauling the sprinkler system. Featuring a unit mix of 20 sizable 650 SF, 1-bedroom units and one 800 SF, 2-bedroom unit, select units have been renovated with modern finishes including luxury vinyl plank flooring, updated kitchens, stainless steel appliances, including dishwashers and in-unit W/D installations. All units feature A/C, and 1st floor units include patio access. The existing renovations provide future ownership with a blueprint to continue remodeling unit interiors and capture additional rental upside. Additionally, there is potential to assume the current debt with term through 2031.

4731 12th Avenue NE, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$6,250,000

2523459 MLS ⋅ ACTIVE Status

Built in 1960, The Bayview consists of 27 well-maintained units featuring a mix of studios, one-bedroom, and two-bedroom apartments. Each unit offers hardwood floors, large windows, and updated appliances. The property includes common laundry facilities, secured tenant storage, and ample on-site parking on the east side of the building. The adjacent property at 2233 NE 46th Street is for sale, as a Portfolio Opportunity totaling 47 units, see listing MLS#2523446.

2233 NE 46th Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$4,650,000

2523446 MLS ⋅ ACTIVE Status

Constructed in 2016, Bayview West offers a modern living experience with 20 units comprising studios, one-bedroom, and two-bedroom apartments. These upscale units boast sleek finishes, urban layouts, easy-care plank flooring, stainless steel appliances, large windows, in-unit washer and dryers, and patios in select units. The adjacent property at 2233 NE 46th Street is for sale, as a Portfolio Opportunity totaling 47 units, see listing MLS#

2249 NE 46th Street, Seattle

Listing courtesy of Westlake Associates, Inc..

$1,600,000

2504078 MLS ⋅ ACTIVE Status

Large U-District investment property located approximately four blocks from the UW campus and just minutes to Greek Row. This 10-bedroom, 3.5-bath home offers 3,380 SF and has been a consistent student housing investment with continuous leasing history since 2012. Currently leased and pre-leased for the 2026–2027 school year at $10,300 per month, with tenants paying all utilities. Updated kitchen with granite countertops and marble backsplash, updated bathrooms, and updated electrical and plumbing systems. Originally built in 1924 with an effective year built of 1995. Detached single-car garage off the alley. Professionally managed, with potential for management continuity if desired. Strong in-place income, proven rental demand, and an exceptional location make this a compelling UW-area investment opportunity.

5235 19th Avenue NE, Seattle

Listing courtesy of Keller Williams Realty Bothell.

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