University District Homes with 54 - 4-Plex Style

Welcome to the vibrant University District, a dynamic neighborhood in Seattle, Washington, that perfectly blends the energy of college life with the charm of a close-knit community. Nestled just north of downtown Seattle, the University District is home to the University of Washington, one of the leading research institutions in the nation. This lively area is characterized by its eclectic mix of cafes, restaurants, and shops, making it a hub for students, professionals, and families alike.

When it comes to housing, the University District offers an array of options, including the sought-after 4-plex style homes. These multi-family residences are not only a fantastic investment opportunity but also provide a unique living experience. With their spacious layouts and modern amenities, 4-plex homes are ideal for those looking to share living spaces while enjoying the benefits of community living. Imagine the convenience of having your neighbors just a few steps away, fostering a sense of camaraderie and connection.

The neighborhood itself boasts beautiful tree-lined streets, parks, and easy access to public transportation, making it a breeze to explore all that Seattle has to offer. Whether you’re strolling through the bustling farmers’ market, enjoying a leisurely afternoon in one of the local parks, or indulging in the diverse culinary scene, the University District is a place where every day feels like an adventure.

With its rich culture, vibrant atmosphere, and diverse housing options, including 4-plex style homes, the University District is truly a gem in the heart of Seattle. Come and discover your new home in this thriving community!

Newest University District Homes with 54 - 4-Plex Style

$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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