King Homes with 54 - 4-Plex Style

King Homes with 54 - 4-Plex Style

Welcome to King County, Washington—a vibrant and diverse region that perfectly balances urban excitement with stunning natural beauty. Nestled between the majestic Cascade Mountains and the shimmering waters of Puget Sound, King County is home to the bustling city of Seattle, as well as charming suburban towns and picturesque rural landscapes. Known for its thriving economy, rich cultural scene, and outdoor recreational opportunities, King County offers something for everyone.

If you’re considering a unique investment opportunity, our selection of homes featuring 4-plex style layouts is sure to impress. These multi-family properties are perfect for those looking to maximize their investment potential while enjoying the benefits of community living. Each unit is designed with modern amenities, spacious living areas, and ample natural light, making them not only functional but also inviting spaces for residents.

Living in a 4-plex in King County means you’re never far from the action. Enjoy easy access to local parks, vibrant shopping districts, and a variety of dining options that showcase the region’s culinary diversity. Plus, with excellent public transportation and major highways nearby, commuting to Seattle or other neighboring areas is a breeze.

Whether you’re an investor looking to expand your portfolio or a homeowner seeking a multi-family living arrangement, King County’s 4-plex homes offer a fantastic opportunity to embrace the best of Pacific Northwest living. Explore your options today and discover the perfect place to call home in this dynamic and thriving community!

Newest King Homes with 54 - 4-Plex Style

$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 courtesy of Kidder Mathews.

$700,000
2581755 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a well-maintained 4-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,000+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 4-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.

1609 Maple Lane Unit #C5-C8, Kent

Listing courtesy of Windermere Real Estate JS.

$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 courtesy of Paragon Real Estate Advisors.

$1,095,000
2577632 MLS ⋅ ACTIVE Status
Steady cash flow meets tenant-favorite amenities in this well-maintained Des Moines fourplex! Built in 1976, the 3,740-square-foot property offers four spacious 2-bedroom, 1-bath units — each with its own washer/dryer, dishwasher, refrigerator, range, garbage disposal, and wood-burning fireplace, the kind of features that keep quality tenants renewing year after year. The two upper units (approx. 930 SF) offer large private decks, while the two lower units (approx. 830 SF) open onto a shared patio and fenced backyard, and select units capture partial territorial and Puget Sound views. Seven off-street parking spaces, public utilities, sidewalked street frontage, and quick access to I-5, Highway 99, schools, and everyday conveniences round out this well-positioned, income-ready asset in one of South King County's most in-demand rental markets. Only one unit is currently occupied, giving the new owner a unique opportunity to hand-select tenants and set market-rate rents on the remaining three. Contact the listing agent for showing access and any questions.

21614 29th Avenue S, Des Moines

Listing courtesy of eXp Realty.

$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 courtesy of KW Greater Seattle.

$1,850,000
2574876 MLS ⋅ ACTIVE Status
Exceptional low-maintenance INVESTMENT OPPORTUNITY with unobstructed Lake Sammamish water views on a generous lot featuring two income-producing duplexes (non-conforming)! This fully occupied property offers four total units with long-term, reliable tenants already in place, creating immediate and stable cash flow. Thoughtfully maintained and easy to manage, each unit includes its own washer and dryer, providing added convenience and tenant appeal. The property encompasses a total of 8 bedrooms and 6.5 bathrooms across the four residences, offering flexible living arrangements that continue to attract strong rental demand. Ample parking for all units plus joint storage unit—an increasingly valuable amenity for long-term tenants. The expansive lot enhances privacy and features unobstructed lake views, making this a rare blend of strong investment fundamentals and exceptional location appeal. With solid occupancy history, functional layouts, and desirable amenities already in place, this property presents a compelling opportunity for investors seeking dependable income and future upside potential. Please do not disturb tenants.

2232 E Lake Sammamish Parkway NE, Sammamish

Listing courtesy of Windermere Real Estate/East.

$1,690,000
2572857 MLS ⋅ ACTIVE Status
Capitalize on Kirkland’s rapid growth with this beautifully remodeled, low-maintenance 4-unit property. Offering scenic territorial southwest views with abundant light, the building features extensive capital improvements—including a newer roof and energy-efficient double-paned windows, sliding glass doors & water heaters. Walk to Kirkland’s beaches, farmer markets, and amenities. Each unit is fully rented with established, long-term tenants and boasts high-end finishes: granite countertops, stainless steel appliances, individual in-unit washers/dryers (e.g. full-size), fireplace, and a private deck. Positioned on a dead-end, quiet street, this turnkey investment sits in a highly desirable neighborhood near Lake Washington, shopping, dining, and easy commuting routes. Seller financing available for qualified buyers: 30% down, 6% interest, 5-year term (negotiable, subject to seller approval). The Juanita submarket is an area characterized by consistently low vacancy, durable rental demand, and proximity to Eastside employment hubs including tech, healthcare, biotech, and space. All four units are configured as 2-bedroom / 1-bathroom apartments averaging approximately 804 square feet, with in-unit washer and dryer and dedicated parking within an 8-stall lot. It’s a well-maintained and centrally located fourplex walking distance to Lake Washington — long-term tenants, RM 2.4 zoning, immediate rent upside.

10016 NE 117th Court, Kirkland

Listing courtesy of Wilson Northwest Investments.

$1,200,000
2571118 MLS ⋅ ACTIVE Status
A quiet and serene 4-plex multi-family home centrally located in Federal Way with convenient transportation. Extremely accessible to bus stop, light rail, shopping, and dining, with easy access to I-5, Hwy 99 and the king County library located right across the street. Great opportunity to own an income-generating 4-plex featuring an estimate Cap rate around 5%. All units are managed by on-site property management so it's easy and low maintenance to manage.

120 S 339th Circle, Federal Way

Listing courtesy of Q Star Seattle Corporation.

$1,200,000
2571153 MLS ⋅ ACTIVE Status
A quiet and serene 4-plex multi-family home centrally located in Federal Way with convenient transportation. Extremely accessible to bus, light rail, shopping center, and dining, with easy access to I-5, Hwy 99 and the King County library located right across the street. Great opportunity to own an income-generating 4-plex featuring an estimate Cap rate around 5%. All units are managed by on-site property management so it's easy and low maintenance to manage.

27 S 342nd Place, Federal Way

Listing courtesy of Q Star Seattle Corporation.

$1,200,000
2569440 MLS ⋅ ACTIVE Status
Turnkey Enumclaw fourplex offering high-end finishes and immediate cash flow! Ideal for an investor or owner-occupant looking to live top-floor while three occupied units pay the mortgage. The vacant upstairs unit is fully renovated with quartz counters, white shaker cabinets, LVP flooring, stainless appliances, and in-unit W/D featuring no rear neighbors for unmatched privacy. Major upgrades across units include PEX re-piping, permitted electrical, and 2017 roof. Low 32% expense ratio with tenant utility bill-backs and inheritable professional management in place. $105k+ gross potential income on actuals. High-yielding asset in a prime location!

203 Farrelly Street, Enumclaw

Listing courtesy of Windermere Central Sound.

$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 courtesy of John L. Scott, Inc.

$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 courtesy of John L. Scott, Inc.

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