Seattle Homes with 54 - 4-Plex Style

Seattle Homes with 54 - 4-Plex Style

Welcome to Seattle, Washington, a vibrant city nestled between the stunning Puget Sound and the majestic Cascade Mountains. Known for its iconic Space Needle, thriving tech scene, and rich cultural heritage, Seattle is a place where innovation meets natural beauty. With a mild climate and an abundance of outdoor activities, residents can enjoy everything from hiking in the nearby mountains to kayaking in the tranquil waters of the Sound.

In the heart of King County, Seattle boasts a diverse range of neighborhoods, each with its own unique charm. For those looking for investment opportunities or multi-family living, the 4-plex style homes in this area are an excellent choice. These properties typically consist of four separate units, offering both privacy and community. Ideal for families, young professionals, or investors, 4-plex homes provide a versatile living arrangement that can adapt to various lifestyles.

Seattle's 4-plex homes are strategically located near bustling urban centers, renowned schools, and beautiful parks. Residents can enjoy easy access to the city’s vibrant arts scene, gourmet dining, and eclectic shopping districts. With the ongoing growth of the tech industry and a steady influx of new residents, investing in a 4-plex in Seattle not only offers a place to call home but also the potential for lucrative rental income.

Whether you’re looking to settle down in a lively neighborhood or seeking a smart investment opportunity, Seattle’s 4-plex homes offer the perfect blend of comfort, convenience, and community. Come experience the best of the Pacific Northwest and make Seattle your home today!

Newest Seattle Homes with 54 - 4-Plex Style

$1,495,000
2585477 MLS ⋅ ACTIVE Status
We are pleased to present the 10th Ave W Fourplex in Seattle’s Queen Anne neighborhood. This offering presents a rare combination of immediate usability, flexible investment strategies, and future upside. Delivered vacant, the property is well suited for an owner occupant seeking to move in immediately while renovating or repositioning the remaining units over time. The property may also appeal to townhome developers evaluating the LR1 (M) zoning and 7,200 square foot lot for future redevelopment potential, subject to buyer verification. It features four individually metered residences with a unique mix of updated interiors, double pane windows offering sweeping views, and in unit washer and dryers. The units include hardwood flooring, stainless steel and white appliances, dishwashers, updated cabinetry, private deck access, and walk-in closet space. Recent improvements include a replacement water heater system completed in 2023 and electrical upgrades completed in conjunction with the water heater installation. The building also includes basement storage, seven parking spaces, and two garage spaces. With a blend of existing improvements and additional upside through continued interior modernization and operational review, the property presents investors with the opportunity to acquire a well located small multifamily asset in one of Seattle’s most established rental neighborhoods

1953 10th Avenue W, Seattle

Listing Broker: Lee & Associates Commercial RE; Dea Sumantri; 206-773-2680; dsumantri@lee-associates.com

$1,150,000
2583142 MLS ⋅ ACTIVE Status
1822 S King St is a Walkers Paradise with a walk score of 94, placing residents within easy reach of Downtown Seattle, major hospitals, neighborhood restaurants and shops, and convenient transit options. Constructed in 1988 and with a full-gut renovation in 2001, the building features modern systems, updated siding, and upgraded exterior stairs. Units fully renovated in 2019 with contemporary finishes, including updated kitchens and bathrooms, in-unit laundry, and 3 of four units with dishwashers. The property offers an attractive and efficient unit mix consisting of 3 one-bed units and 1 two-bed unit. The upper units each have 2 operable skylights and views of Downtown Seattle, the Olympics, and the Stadium. Each unit has its own private patio, providing desirable outdoor space rarely found in similar properties. Additional amenities include 4 off-street parking spaces. Notably, the property has demonstrated success as a short-term rental, with 1 of the one-bed units currently furnished and achieving stable income diversification. This presents a proven model for additional income generation across other units, while also offering flexibility for a future owner to pursue a mix of short-term and long-term rental strategies. With strong in-place operations, additional upside through the implementation of utility bill-backs, and a proven alternative short-term rental income strategy, the property offers investors both stability and future income growth potential.

1822 S King Street Unit #A-D, Seattle

Listing Broker: Kidder Mathews; Dan Swanson; ;

$995,000
2582564 MLS ⋅ ACTIVE Status
The Dravus Fourplex consists of four thoughtfully configured units, including two studios, a 2BD/1BTH unit, and a 1BD/1BTH unit with a den. Each unit features in-unit W/D, vinyl plank flooring, and updated appliances. Select units have received more extensive renovations, including gray shaker cabinetry, quartz-style countertops, modern fixtures, and other contemporary finishes, while the remaining units have been updated over time as needed and maintained in good condition. The property is exceptionally well located, with Fremont just a five-minute walk across the Fremont Bridge, providing immediate access to the neighborhood’s restaurants, bars, retail, and entertainment. Opportunities to acquire a renovated and well-positioned fourplex in Queen Anne are increasingly rare. With the building’s major systems addressed, a new roof, renovated interiors, and strong proximity to Fremont and Queen Anne, the Dravus Fourplex offers an attractive combination of current income and future upside. Unit 3 has recently become vacant, creating an excellent owner-user opportunity for a buyer looking to occupy one unit while benefiting from rental income from the remaining three. The property is already operating well, while additional upside exists through the potential to implement utility bill-backs, providing a clear path to further increase income and improve overall operating performance.

1 Dravus Street, Seattle

Listing Broker: Paragon Real Estate Advisors; Will Douglas; ;

$1,200,000
2573723 MLS ⋅ ACTIVE Status
Charming West Seattle four-plex tucked away on a quiet street with direct walking trail access just minutes away from everything Westwood Village has to offer. Expertly maintained and cared for over the years by the owner whose career is managing commercial and multifamily maintenance crews in downtown Seattle apartment buildings. This property is a gem with all units boosting a coveted two bedrooms, two baths, onsite laundry and over 1,000 sq/ft of ideal rental size layouts. The bottom two units have sun filled private patios, perfect for summer gardens, barbecues, or social gatherings. The upper floor units boost large decks and sit among the treetops and singing birds and have their own special privacy where you can capture moments of morning solitude or magical evenings to remember. There are four carports and storage for each unit. There is so much to love about the location and all that it is close to. These four large residences are all under one roof and in the heart of one of Seattle's most desirable neighborhoods. This is an excellent investment with below market rents, waiting for the right owner to realize its full potential!

8632 26th Avenue SW, Seattle

Listing Broker: KW Greater Seattle; Patrik Warneke; 206-920-6540; patrik@emeraldcityrealestate.com

$995,000
2567345 MLS ⋅ ACTIVE Status
With an ideal location just steps from the University of Washington, the property is situated on a 2,500-square-foot parcel with Mid-Rise (MR M1) zoning. As a result, investors have a rare opportunity to acquire an exceptionally well-positioned multifamily asset in one of Seattle’s most desirable and supply-constrained rental markets. The property features a diverse unit mix consisting of studio and two-bedroom residences averaging 518 square feet, appealing to a broad tenant base. A prime location within walking distance of UW provides a consistent demand driver and strong long-term rental fundamentals. Significant capital improvements have already been completed, including a roof replacement within the last four years, upgraded Square D electrical panels, and full copper plumbing, helping reduce near-term capital expenditure requirements for a new owner. Further enhancing the investment appeal, the property boasts a Walk Score of 93 (“Walker’s Paradise”), an 83 Bike Score, and an 82 Transit Score, offering exceptional connectivity throughout Seattle. Investors also have the unique opportunity to acquire an additional fourplex located directly across the street at 710 NE 43rd Street, creating an immediate avenue for portfolio expansion & operational efficiencies within the same submarket.

709 NE 43rd Street, Seattle

Listing Broker: John L. Scott, Inc; Jonathan D. Bye; ;

$1,200,000
2567359 MLS ⋅ ACTIVE Status
Just steps from the University of Washington. Situated on 5,000 square foot parcel zoned Mid Rise (MR M1), the property features a diverse unit mix of one and two-bedroom residences averaging 473 square feet, providing broad appeal to workforce renters. The property benefits from an excellent location within walking distance of the University of Washington, placing residents near a wide array of academic facilities, rental destinations, dining options & major transportation corridors. The asset offers 6 off street parking spaces, a valuable amenity in this highly urbanized and supply concentrated neighborhood. Positioned in one of Seattle’s most walkable communities, the property boasts a Walk Score of 93, a Bike Score of 83, a Transit Score of 82. The strong mobility metrics enhance the tenant demand and support of long term occupancy stability. Adding to the investment appeal, an additional fourplex located directly across the street is also available for purchase, presenting investors with a unique opportunity to achieve immediate scale and operational efficiencies within the same submarket. Combining a desirable unit mix, favorable zoning, excellent accessibility, and potential for portfolio expansion, this offering represents an attractive opportunity in one of Seattle’s most dynamic rental markets.

710 NE 43rd Street, Seattle

Listing Broker: John L. Scott, Inc; Jonathan D. Bye; ;

$975,000
2566778 MLS ⋅ ACTIVE Status
Turnkey 4-plex Investment in Seattle. Features 4 spacious units w/functional layouts. 3 units w/2 bed, 1 full bath and 1 unit w/1 bed, 1 full bath. Recently remodeled units including, kitchens, bathrooms, windows, doors, floors, SS appliances and hot water heaters. Newer roof, recently painted exterior, interior and updated plumbing. Dedicated parking spots for each unit + visitor parking. Remodeled coin operated laundry room brings in additional income. The building's thoughtful layout ensures plenty of natural light. Quiet neighborhood offers accessibility to everything in the city. A short walk to Duwamish River Waterfront Park, residents enjoy scenic river views & walking trails. Walk to popular restaurants, providing easy access to dining & entertainment. Near Alki Beach, DT Seattle, Tech companies, Costco, SeaTac Airport, HWY 99, I-5, Boeing, shopping malls, restaurants, parks, schools and light rail. A solid Cash-flowing property for Investors, owner-occupied buyer, VA or a 1031 exchange.

701 S Kenyon St, Seattle

Listing Broker: Skyline Properties, Inc.; Scott Fladseth; ;

$1,650,000
2565711 MLS ⋅ ACTIVE Status
Rare commercial property investment opportunity in Seattle's Green Lake neighborhood. This 3,250 sq ft building sits on a 5,400 sq ft lot and is currently home to 1 retail business and 3 housing units . Recent rezoning allows building up to the height of 40 feet. Here's one of the few remaining chances at commercial development in the neighborhood!

305 NE 65th Street, Seattle

Listing Broker: Windermere Real Estate/M2, LLC; Nickolas Nicoloudakis; ;

$1,192,000
2562308 MLS ⋅ ACTIVE Status
Fantastic opportunity to own a well-located fourplex in Seattle’s desirable Magnolia neighborhood. Three units are currently leased, while Unit 3 is intentionally being held vacant to provide easy access for showings and flexibility for the next owner. Ownership has historically prioritized stable, long-term tenancies and limited turnover, resulting in several rents remaining on the lower end and offering potential for future income growth. The property includes four dedicated off-street parking stalls—one for each unit—on-site laundry and a shared backyard area. Zoned LR3(M), the property may also offer long-term redevelopment or value-add possibilities, subject to buyer verification and applicable City of Seattle requirements. Conveniently located near Magnolia Village, Discovery Park, Queen Anne, Ballard and Downtown Seattle, with easy access to neighborhood shops, restaurants, parks, transit and major employment centers. An appealing opportunity for an investor or owner-occupant seeking established rental income, immediate leasing flexibility and long-term potential in one of Seattle’s most established neighborhoods. Please do not disturb tenants.

2657 Thorndyke Avenue W, Seattle

Listing Broker: Realogics Sotheby's Int'l Rlty; Demetre Skepetaris; ;

$1,999,950
2558358 MLS ⋅ ACTIVE Status
Live in the heart of Capitol Hill while building equity with this unique Craftsman-style fourplex. Ideal for an owner-occupant or seasoned investor, the versatile unit mix includes a studio, one-bedroom and 2 three-bedroom residences. Live comfortably in one unit while rental income from the others helps offset your mortgage. Current monthly income is $8450 with potential upsides in rents as you improve each unit. Residents will appreciate having Capitol Hill’s acclaimed restaurants, cafés, nightlife, shopping and transit just outside their door. The property offers solid in-place income with potential to increase rents as units are turned-over and upgraded. Zoned NC3P-75 (M) which also provides long-term redevelopment opportunities for mixed-use apartments or "condo-ize" the property. Enjoy the energy and convenience of one of Seattle’s most desirable neighborhoods while securing an income-producing property with room to grow. Seller Financing Available.

1210 E Pine Street, Seattle

Listing Broker: Berkshire Hathaway HS NW; Jennifer Wen; ;

$1,399,000
2542292 MLS ⋅ ACTIVE Status
The property includes one non-conforming studio unit, two 1-bedroom/1-bathroom units, and one 2-bedroom/1-bathroom unit. All units were renovated approximately five years ago, featuring hard-surface flooring, updated kitchens, fresh paint, and modern fixtures throughout. The current owner has maintained the property with great care, and it benefits from mature landscaping that enhances its overall appeal. The property currently operates at a 4.6% cap rate, with potential upside through rent increases and the addition of storage income. This offering represents a rare chance to acquire a well-maintained, stabilized asset in the heart of Georgetown.

6635 Carleton Avenue S, Seattle

Listing Broker: Skyline Properties, Inc.; Amir Rashidi; ;

$4,200,000
2557146 MLS ⋅ ACTIVE Status
Queen Anne Jewel: Exceptional Four-Unit Investment or Grand Single-Family Conversion. Discover one of the finest real estate opportunities in Seattle’s most picture-perfect neighborhood. Perched in a premier Queen Anne location surrounded by multi-million dollar estates, this one-of-a-kind property offers breathtaking, unobstructed views of the Space Needle, Mt. Rainier, Elliott Bay, the Downtown Seattle skyline, and both the Cascade and Olympic mountain ranges. Currently configured as four meticulously upgraded units (three 2-bed/2.5-bath view units and one 1-bed/1-bath unit), every residence boasts premium appliances, private balconies, gas fireplaces, and in-unit laundry. While it serves as a high-performing luxury income asset, the property also presents a rare and incredible opportunity to convert the structure back into a singular, world-class grand estate. Located just down from iconic Kerry Park and welcoming neighborhood dining, this versatile property is sold as-is. Buyer to investigate to their full satisfaction.

604 W Kinnear Place, Seattle

Listing Broker: Windermere RE West Campus Inc; Kari Roberts; ;

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