King Homes with 56 - 10+ Units Style

Welcome to King County, Washington, a vibrant region that beautifully blends urban sophistication with stunning natural landscapes. Nestled in the heart of the Pacific Northwest, King County is home to the bustling city of Seattle, renowned for its iconic skyline, rich cultural scene, and thriving tech industry. With its diverse neighborhoods, each offering unique charm and character, King County is an ideal place for families, professionals, and retirees alike.

When it comes to real estate, King County presents a wealth of opportunities, particularly for those interested in multi-family homes. Properties with 56 to 10+ units are an attractive investment option in this dynamic market. These homes not only provide a steady income stream but also allow for community engagement in a vibrant locale. Imagine owning a property that fosters connections among residents while contributing to the growth of a neighborhood.

The demand for multi-family housing in King County is driven by a strong job market, excellent schools, and a plethora of recreational activities. From the stunning vistas of Mount Rainier to the serene shores of Lake Washington, outdoor enthusiasts will find endless opportunities for adventure. Meanwhile, the county's commitment to sustainability and innovation continues to attract a diverse population, ensuring a robust rental market.

Investing in multi-family homes in King County means becoming part of a thriving community committed to growth and connection. With its unique blend of urban and natural beauty, King County is not just a place to live; it’s a place to thrive. Discover the potential of multi-family properties in this remarkable region today!

Newest King Homes with 56 - 10+ Units Style

$4,150,000

2588753 MLS ⋅ ACTIVE Status

Hollywood Court is a 25-unit multifamily investment located in Seattle's highly desirable Capitol Hill neighborhood. The property consists of two buildings: the original 19-unit Hollywood Court, constructed in 1907, and a newer 6-unit building completed in 1998, offering investors a unique blend of historic character and more modern construction. Hollywood Court presents a compelling value-add opportunity in one of Seattle's most established and supply-constrained rental markets. The property benefits from a diverse unit mix and strong in-place occupancy, with the opportunity to enhance revenue through interior renovations, operational improvements, and continued alignment to market rents. Ideally positioned in the heart of Capitol Hill, the property offers unmatched access to Seattle's top lifestyle amenities and employment centers. Residents are within walking distance of light rail, Seattle Central College, Cal Anderson Park, and a vibrant mix of restaurants, cafes, and nightlife, while also maintaining close proximity to major employers in South Lake Union and Downtown Seattle. With its scale, location, and repositioning potential, Hollywood Court represents a rare opportunity to acquire a legacy asset with both near-term upside and long-term appreciation in one of Seattle's most dynamic rental submarkets.

1716 Boylston Avenue, Seattle

Listing Broker: Kidder Mathews; Dan Swanson; 425-444-6501; dan.swanson@kidder.com

$2,200,000

2587180 MLS ⋅ ACTIVE Status

We are pleased to present the Shoreline View Apartments, a well-maintained, pride-of-ownership 10-unit property prominently located along Greenwood Avenue North in Seattle’s growing Greenwood neighborhood. Built in 1976, the property offers a unit mix of two 3-BD/2-BTH units, four 2-BD/2-BTH units, and four 1-BD/1-BTH units. Spacious floorplans, abundant natural light, private decks in most units, and updated appliances enhance renter appeal, while residences on the upper two floors enjoy water views. The property has also benefited from meaningful capital improvements, including a full roof replacement in 2017 and window replacements in 2019. Property amenities include covered and off-street parking, secured entry, elevator access, storage units, and on-site laundry. The location provides convenient access to transit, Carkeek Park, Trader Joe’s, Fred Meyer, and the abundant retail, dining, and entertainment offerings of Greenwood and Phinney Ridge. Shoreline View presents a compelling value-add opportunity for investors seeking meaningful rental upside in North Seattle. Current rents are approximately 16% below market, providing near-term income growth potential, while unit renovations and repositioning could support an estimated 32% increase over current rents. The combination of pride-of-ownership conditions, recent capital improvements, desirable amenities, and significant rental upside creates an attractive opportunity to enhance returns over time.

11255 Greenwood Avenue N, Seattle

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

$2,595,000

2587105 MLS ⋅ ACTIVE Status

We are pleased to present the Glen Ellyn Apartments, an 11-unit multifamily property located in Seattle’s Ballard neighborhood. Built in 1959, the property consists of eight one-bedroom and three two-bedroom units featuring functional layouts, natural light, and natural hardwood flooring. The units remain in classic but well-maintained condition, providing a strong foundation for future renovation and modernization. The asset has also benefited from several capital improvements, including a roof replacement in 2017, replacement of the individual electrical panels in all units in 2025, and a new rear fence installed in August 2025. Property amenities include covered and off-street parking, storage units, and on-site laundry. The location provides convenient access to Ballard Community Center, QFC, National Nordic Museum, Ballard Avenue & Farmers Market, the Ballard Locks, and the Ballard Public Library, along with the neighborhood’s broader retail, dining, and recreational amenities. Current rents are approximately 13% below market, providing near-term income growth potential through future turnover and rent adjustments. Additional upside may be realized through targeted unit renovations and modernization, with renovated rents estimated at approximately 29% above current levels. Further operational upside exists through implementation of utility bill-backs, which are not currently charged, as well as the opportunity to maximize parking income.

6530 24th Avenue NW, Seattle

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

$8,000,000

2584938 MLS ⋅ ACTIVE Status

Centerwood presents an exceptional opportunity to acquire a 36-unit multifamily community built in 2009, located in White Center within unincorporated King County. The property consists of three well-maintained buildings totaling approximately 27,890 rentable square feet, featuring an attractive all two-bedroom unit mix with 35 two-bedroom/two-bathroom units and one two-bedroom/one-bathroom unit. Each residence includes an in-unit washer and dryer, while the community offers 61 parking stalls. Quality construction features include fire sprinklers, copper supply lines, double-pane windows, and individual hot water tanks. Conveniently located near downtown White Center, Westwood Village, public transportation, and major employment centers. Centerwood offers investors a compelling opportunity with a 5.83% in-place cap rate and potential upside through operational improvements and light cosmetic renovations. Offered at $8,000,000.

10790 16th Avenue SW, Seattle

Listing Broker: Kidder Mathews; Max Frame; 360-705-2800; max.frame@kidder.com

$2,900,000

2584164 MLS ⋅ ACTIVE Status

Greenlake Arms is a 10-unit apartment community ideally positioned just blocks from Green Lake and its retail and dining core, one of Seattle's most sought-after residential submarkets. The property boasts a "Very Walkable" Walk Score of 89 and is with a 1-minute walk to the Green Lake PCC, and a 3-minute walk to Green Lake Park. The location also offers excellent connectivity. Quick access to Interstate 5, the Link light rail, downtown Seattle, and the Eastside places tenants within easy reach of the region's largest employment centers, supporting sustained rental demand and tenant retention. Built in 1969 on a 7,000-SF parcel, the property offers a 5.7% cap and 11.3 GRM based on current operations. Roughly half of the units have been renovated with new kitchens and in-unit laundry, giving ownership a track record of successful upgrades and a clear roadmap for completing renovations on the remaining units to capture rent upside. All units feature updated dual-pane windows and nearly all feature updated electrical panels. In addition, supply plumbing is a mix of copper and PEX. This reduces near-term capital needs and supports energy efficiency. Parking is available for 11 vehicles (6 covered spaces and 5 uncovered) - a meaningful amenity in this Green Lake submarket where off-street parking is limited and commands a premium.

7101 6th Avenue NE Unit #1-10, Seattle

Listing Broker: Kidder Mathews; Dan Swanson; 425-444-6501; dan.swanson@kidder.com

$2,700,000

2573588 MLS ⋅ ACTIVE Status

The Encore Apartments offers a new investor a great value add opportunity in a landlord friendly city. A new investor over time can also renovate units upon turnover and modernize each unit with stainless steel appliances, granite/quartz counters, new cabinets etc. In current condition, a new investor can raise rents and get this building to a 7.18% CAP Rate. Excellent value-add opportunity. All 12 units are Two-Bed/One-Bath units averaging about 700 square feet each. Ample open parking available on site that has been re-paved and re-striped. Building has updated electrical panels and a newer TPO roof. Coin-operated common laundry available. Conveniently located in Shoreline, property has easy access to Rapid Ride Transit, Highway 99, Interstate-5, and the 185th Street Light Rail Station.

936 N 198th Street, Shoreline

Listing Broker: Westlake Associates, Inc.; David W Petersen; 206-300-8909; david@westlakeassociates.com

$3,950,000

2569544 MLS ⋅ ACTIVE Status

A garden style 17-unit community located ±2 miles from Downtown Burien and ±7 miles from Downtown Seattle. Immediate access to the RapidRide H Line connecting to Downtown Seattle and shopping, dining, and grocery. The property spans 5 buildings constructed between 1954-1979 (most units 1979) on a single parcel. Mostly 2-bed units (5 with extra 1/2 baths) plus a studio, 2 one-beds, and 2 three-beds with either 1.5 or 2 baths. 8 units have in-unit laundry, several have townhome layouts, and most have private yards. Units average 896 SF. Off-street parking lot. Average tenant tenure is 7+ years even after a 25% gross rent increase. Value-Add Options: Raise rents to market, use yard for storage and/or parking income, add bedrooms to a couple existing units, convert garage to ADU, develop an additional building, or redevelop full parcel under R4 zoning. (Buyer to verify feasibility of all development options.) Priced at less than $235,000 per unit, under $260 per square foot, and at $62 per square foot of land, the offering represents a below-replacement-cost basis for a well-located, high-upside multifamily asset in a designated Regional Growth Center.

1031 1045 SW 122nd Street, Seattle

Listing Broker: Kidder Mathews; Dan Swanson; 425-444-6501; dan.swanson@kidder.com

$2,374,900

2567938 MLS ⋅ ACTIVE Status

Well positioned between Downtown Seattle and Lake Washington, Hill Town Apartments boasts a “Walker’s Paradise” Walk Score of 94, placing residents steps from the Central District's restaurants, coffee shops, parks, and entertainment. The 12-unit community is evenly split between one- and two-bedroom homes, averaging 733 square feet, with every unit featuring a private deck and spacious layout. On-site parking totals 7 spaces, of which 6 are covered and 1 is off-street. The property has been well-maintained with updated electrical panels and dual-pane windows throughout. Select units feature upgraded flooring, bathrooms, and kitchens, reducing near-term capex exposure for a new owner. In-place rents average $2.24/SF, offering likely upside as unit renovations continue and turnover allows repositioning toward market rates. Offered at just over $208,000 per unit and $284 per square foot, Hill Town Apartments presents an opportunity to acquire a well-located, value-add asset in one of Seattle's most connected in-city neighborhoods.

2201 S Main Street, Seattle

Listing Broker: Lumin Brokers of Washington; Rich Kim; 425-301-1111; WA@LuminBrokers.com

$2,725,000

2566450 MLS ⋅ ACTIVE Status

The Lake Apartments is a well-maintained 16-unit garden-style multifamily community at 30853 14th Ave S in Federal Way, offered at an attractive $170,313 per unit. The property delivers a 6.06% in-place CAP rate with clear upside to a 7.41% proforma CAP through raising current below-market rents. Built in 1958 with a new roof installed in 2022, the asset sits on a large 31,050 sq. ft. park-like lot and features on-site laundry, ample private parking, and a balanced mix of one- and two-bedroom units. Located just off Pacific Highway and within approximately one mile of the Federal Way Downtown Link Light Rail Station, the property is also close to Steel Lake and Easter Lake, offering convenient access to recreational amenities. It benefits from strong transit access, high submarket occupancy (96.5%), limited new supply of apartments, and proximity to major employment centers including Sea-Tac Airport and the rapidly growing Kent Valley aerospace and logistics corridor.

30853 14th Avenue S, Federal Way

Listing Broker: Westlake Associates, Inc.; David W Petersen; 206-300-8909; david@westlakeassociates.com

$4,200,000

2566437 MLS ⋅ ACTIVE Status

Constructed in 1959 and comprehensively renovated in 2016, The Edge Apartments is an exceptional 13-unit apartment community offers investors a rare opportunity to acquire a stabilized, turn-key asset in one of Seattle's most desirable rental markets. The extensive renovation modernized the property throughout, including updated plumbing and electrical systems, creating a low-maintenance investment with strong in-place cash flow and long-term ownership appeal. The property consists of 8 one-bedroom and 5 two-bedroom apartments, each designed with finishes that today's renters value. Every unit features quartz countertops, stainless steel appliances, in-unit washers and dryers, and contemporary LVT flooring in the common areas. Select apartments include fireplaces, while the top-floor residences enjoy private balconies with peek-a-boo views of the Seattle skyline and Puget Sound. Residents also benefit from a spacious second-floor patio with a community grill, providing an attractive outdoor gathering space that enhances the tenant experience. The property offers an attractive value-add component through ten individual secured garage and storage spaces. Currently generating approximately $10,800 in annual income, these oversized garages provide immediate supplemental revenue with meaningful upside through rent increases to market rates. The property is well-positioned to capitalize on continued tenant demand for secure parking and storage.

2515 Thorndyke Avenue W, Seattle

Listing Broker: Westlake Associates, Inc.; Chad Michael Martini; 206-321-3226; chad@westlakeassociates.com

$4,950,000

2564976 MLS ⋅ ACTIVE Status

We are pleased to present Redondo Ridge Townhomes, an 18-unit townhome community in Federal Way. Built in 1976, the property offers spacious 2-bedroom, 1.5-bath townhomes averaging 1,010 SF with fireplaces, vaulted ceilings, private patios, and full-size side-by-side washers and dryers. Offered at $4,950,000 ($275,000/unit, $272/SF), the asset delivers a 6.04% in-place cap rate with meaningful upside: current rents average $2,101, roughly 12% below the $2,400 achieved by comparable townhomes, and four unrenovated units offer approximately $500/month of additional income. Capital improvements include a new metal roof (2017), electrical panel upgrades (2018), fresh exterior paint (2026), and 14 of 18 units extensively remodeled with new cabinets, quartz counters, flooring, paint, doors, millwork, and appliances. Located 1.6 miles from the Federal Way Link Light Rail Station with convenient access to employment, shopping, and dining.

30323 15th Court S, Federal Way

Listing Broker: Northmarq Multifamily, LLC; Steve Fischer; 425-830-2254; sfischer@northmarq.com

$2,800,000

2564376 MLS ⋅ ACTIVE Status

The Harrison Apartments, a rare investment opportunity in the heart of South Lake Union, is being offered for the first time in over three decades. Situated on a 7,200 SF corner lot with alley access, this 12-unit property has a historically low vacancy rate and the building provides immediate value-add potential with rents currently ~40% below market and additional upside through renovations. The mix includes ten 1BR/1BA units (approx. 700 SF) and two 2BR/1BA units (approx. 850 SF), with 5 units partially updated. Zoned SM-SLU 85-280, the site offers significant redevelopment potential, with preliminary estimates supporting up to 55 units (buyer to verify).

800 Harrison Street, Seattle

Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com

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