Seattle Homes with 42 - Multi-Family Style

Seattle Homes with 42 - Multi-Family Style

**Discover the Allure of Seattle: A Multi-Family Living Opportunity**

Nestled in the heart of the Pacific Northwest, Seattle, Washington, is a vibrant city known for its stunning waterfront views, lush green parks, and a rich tapestry of culture and innovation. As the largest city in the state and the seat of King County, Seattle offers a unique blend of urban sophistication and natural beauty, making it an ideal place to call home.

For those seeking multi-family living options, Seattle presents an array of charming properties that cater to diverse lifestyles. With homes designed to accommodate multiple families, these residences not only provide ample space but also foster a sense of community. Imagine living in a beautifully designed multi-family home, where you can enjoy the company of neighbors while still having your own private retreat.

Seattle's multi-family homes are strategically located in neighborhoods that boast excellent amenities, including top-rated schools, trendy restaurants, and easy access to public transportation. Areas like Capitol Hill, Ballard, and West Seattle are particularly popular, offering a mix of historic charm and modern conveniences.

Investing in a multi-family property in Seattle not only provides a comfortable living space but also presents an excellent opportunity for income generation. With a growing population and a strong rental market, these homes can serve as a smart investment for those looking to maximize their real estate portfolio.

Whether you're a seasoned investor or a first-time homebuyer, Seattle’s multi-family homes promise a lifestyle filled with opportunity, community, and the breathtaking beauty of the Pacific Northwest. Come explore what this dynamic city has to offer!

Newest Seattle Homes with 42 - Multi-Family Style

6215 S 129th Street, Seattle
$4,500,000
2597412 MLS ⋅ ACTIVE Status
Three contiguous parcels totaling about 1.65 acres (72,030 SF) at the southeast corner of Martin Luther King Jr. Way S. and S. 129th St. in the Skyway area of unincorporated King County, offered together. The two vacant parcels (217200-0594 and -0596, 1.14 acres) are zoned NB (Neighborhood Business) in the Skyway-West Hill subarea, which allows mixed-use development with apartments over ground-floor commercial. 6215 S. 129th St. (217200-0595, 0.52 acres) is zoned R-24 with no property-specific development conditions, allows 12 residential units at base density, and is improved with a 1956 house of about 1,350 SF. About 309 ft of frontage on MLK Jr. Way S. and 372 ft on S. 129th St. Buyers to verify zoning, unit counts, utilities and development capacity.

6215 S 129th Street, Seattle

Listing Broker: KW Realty Portland Central; Brandon King; 971-400-7271; brandonk@kw.com

34 XX Claremont Avenue S, Seattle
$300,000
2597010 MLS ⋅ FIRST LOOK Status
Build Your Vision in the Heart of South Seattle! An exciting opportunity for builders, developers, and investors! This 3,600 sq. ft. vacant parcel, zoned LR3 (M2), offers compelling potential for multifamily development in a convenient, transit-connected location. Enjoy proximity to light rail, neighborhood restaurants, shops, and major commuter routes, with easy access to downtown Seattle and beyond. Looking for a larger development opportunity? The adjacent property at 3416 Claremont Ave S, featuring an existing two-unit residence, is also available for purchase separately. Explore the possibilities of acquiring both parcels for an expanded development footprint, with potential rental income from the neighboring property while planning your project. Whether purchased individually or together, this is an opportunity to invest in the future of Seattle's growing urban landscape. Buyer to verify zoning, permitted uses, lot dimensions, and development feasibility.

34 XX Claremont Avenue S, Seattle

Listing Broker: Windermere R E Mount Baker; Sabranie J. Coyne; 206-618-1280; sabranie@windermere.com

652 NW 85th Street, Seattle
$885,000
2587024 MLS ⋅ ACTIVE Status
Opportunity for Crown Hill Urban Village Multi-Family property (former law office) zoned NC1-55(M)! Hold as fully leased income property then develop mixed use project: apartments, coop or condo w/ ground level comm (retail, office, medical) up to 16 units - Square Footage up to 41,000 and Traffic Count 18,800 - 20,000. Flexible to owner-occupy w/ residential lending. Surrounding density is growing with new NR zoning. Current rents total $4,800 (near 5% Cap) Don't miss your opportunity to own this fantastic investment opportunity and be in the heart of Crown Hill-Ballard-Greenwood. Okay to street appraise exterior. Interior tour with signed PSA. Finance Sheet Uploaded.

652 NW 85th Street, Seattle

Listing Broker: Windermere RE Greenwood; Jack Malek; 206-498-2189; jmalek@windermere.com

3820 23rd Avenue SW, Seattle
$650,000
2584203 MLS ⋅ ACTIVE Status
Rare development opportunity in West Seattle! This 5,000 sqft vacant lot, zoned LR1 (M), offers a cleared, sloped site with potential for multifamily or single-family development. Previous plans and drawings for a three-unit multifamily/townhome project are available, providing a starting point for exploring development options. Conveniently located near the West Seattle Bridge and Delridge Playfield, enjoy easy access to Downtown Seattle, Alki Beach, local restaurants, cafes, parks, and public transit. Bring your builder, architect, and vision to this well-located West Seattle opportunity.

3820 23rd Avenue SW, Seattle

Listing Broker: Keller Williams Seattle Metro; Sean Peterson; 425-350-8298; sean@sweetliving.com

1722 Dexter Avenue N, Seattle
$2,000,000
2583599 MLS ⋅ ACTIVE Status
Westlake Development Site: two contiguous parcels at 1722 and 1726 Dexter Ave N, offered together. Each lot is 4,800 SF, for a combined 9,600 SF site zoned LR3(M). LR3(M) zoning and a floor area ratio of 1.8 support approximately 17,280 gross SF of development. Nearby lowrise sites of similar size and zoning have been developed as townhouse projects. Each lot is improved with a 1918 wood frame single family house (2 bed, 1 bath), both rented month to month, producing $4,600 per month in combined scheduled rent. Tenants pay their own utilities. Month to month tenancies let a buyer control the timing of delivery. Off-street driveway parking and in-unit laundry. The site sits on the east facing slope above Lake Union, giving upper floors of a new building water and territorial views, with Lake Union Park and the Westlake waterfront directly below. Dexter Ave N carries a protected bike lane and frequent bus service to downtown, South Lake Union and Fremont. Seller is open to developer terms, including an extended feasibility period and a closing timed to permitting. The adjacent parcels at 1730 and 1732-1734 Dexter Ave N are under the same ownership and marketed separately. Seller has not permitted or entitled the site; buyer to verify density, floor area, height, setbacks and any environmentally critical area designation with SDCI.

1722 Dexter Avenue N, Seattle

Listing Broker: Paragon Real Estate Advisors; Ben Douglas; 206-658-7247; ben@paragonrea.com

4840 S Myrtle Street, Seattle
$249,000
2581649 MLS ⋅ ACTIVE Status
Development opportunity in Seattle! This 10,739 SqFt (0.247-acre) lot is zoned NC3-55 (M), Head east on S Myrtle St toward Rainier Ave S. Property is located at 4840 S Myrtle St, Seattle, WA 98118. From I-5, take Exit 161 toward Swift Ave S/Albro Pl. Continue onto Swift Ave S, then follow toward S Myrtle St. Seattle Public Schools transit, and major roadways. Buyer to verify zoning, utilities, and development potential with the City of Seattle. offering potential for residential, commercial, or mixed-use development. Conveniently located near shopping,

4840 S Myrtle Street, Seattle

Listing Broker: William E. Johnson; Bill Johnson; 760-760-4320; broker@drslisting.com

1201 NE 145th Street, Seattle
$2,350,000
2575627 MLS ⋅ ACTIVE Status
Positioned steps from the new Rapid Transit stop and walking distance from the Shoreline / 148th Light Rail Station, 1201–1221 NE 145th St presents a rare, mid-rise development site. Encompassing 20,419 SF of net usable land, this site features high-yield MR (M) zoning, ideally suited for a ~100–110 unit residential build or potentially townhomes. Property to be delivered cleared.

1201 NE 145th Street, Seattle

Listing Broker: Kidder Mathews; Jay Bennett; 425-212-7590; jay.bennett@kidder.com

3640 36th Street S, Seattle
$850,000
2573946 MLS ⋅ ACTIVE Status
Prime development opportunity in the exceptional Mount Baker neighborhood, centrally located near Downtown Seattle, Light Rail, Lake Washington, parks, shopping, dining, and live entertainment. Value is in the land.

3640 36th Street S, Seattle

Listing Broker: Utopia Management Inc; Tim Cairns; 503-701-0604; tim@utopiarealestate.com

5722 35th Avenue S, Seattle
$7,800,000
2573461 MLS ⋅ ACTIVE Status
258 Unit MF-Development. All line items approved for MUP and Full Architectural and Engineering. Close at shovel-ready this spring. Fantastic opportunity for an investor or builder, all the guesswork has been removed. Build a legacy project in this thriving community. For LP or GP investors, we have an amazing team in place with contractors ready to start clearing and grading. For the builders, keep your crews working and start on a well-designed, efficient plan. Great location for workforce or market-rate housing. MFTEs are available, as well as great financing options for affordable builders, non-profits, and market-rate operators. The time is now to step into this exceptional project.

5722 35th Avenue S, Seattle

Listing Broker: Coldwell Banker Danforth; Jonah Wilhelm; 206-953-0561; jonah@cbdanforth.com

815 9th Avenue, Seattle
$6,000,000
2566341 MLS ⋅ ACTIVE Status
A rare high-rise or mid-rise development site with approved MUP in the heart of First Hill. The 10,800 SF lot is zoned High Rise (HR) with an approved MUP for a 8-story, 96-unit multi-family building, including 10 auto stalls and 102 bicycle spaces. With a Walk Score of 98 (“Walker’s Paradise”) and Transit Score of 100 (“Rider’s Paradise”), the location offers unmatched connectivity and urban convenience.Located in First Hill, steps from major hospitals, Seattle University, and downtown’s 340,000+ jobs across tech, finance, retail, and professional services jobs. Excellent transit with buses, the First Hill Streetcar, and future Link Light Rail. One of the last infill opportunities in Seattle’s core with strong walkability, transit, and job access.

815 9th Avenue, Seattle

Listing Broker: WPI Real Estate Services, Inc.; TC Wu; 206-849-8858; tcwu@wpirealestate.com

10531 Aurora Avenue N, Seattle
$1,428,000
2566364 MLS ⋅ ACTIVE Status
Exceptional development opportunity on a 13,440 SF lot in prime and highly connected North Seattle location. NC3-55 zoning may offer potential for a future multifamily development of approximately 60–80 units; buyer to verify all development feasibility. Conveniently located near Northgate Light Rail, transit, shopping, dining, major employers and daily amenities, with an 87 Walk Score. The current property includes two buildings (3-unit building and a 10-unit building) with a desirable mix of studio, one- and two-bedroom residences, offering multiple investment strategies for a total of 13-units. Continue operating as an income-producing apartment community, increase returns through rent optimization and strategic improvements, or hold as a long-term development site. Current gross scheduled income is approximately $14,288 per month, with additional upside as several rents remain below market. Most units have been updated. A compelling combination of current income, value-add potential and long-term redevelopment opportunity.

10531 Aurora Avenue N, Seattle

Listing Broker: Real Property Associates; Grecia Thomas; 425-583-6101; gthomas@rpare.com

1103 NW Market Street, Seattle
$975,000
2550852 MLS ⋅ ACTIVE Status
A good location in a popular Ballard neighborhood, this is a flat corner lot with many possibilities to build. NC255' (Neighborhood Commercial) zoning, 50 X 100 lot allows for mixed use, multi family or commercial. On the corner of 11th Ave NW and NW Market Street with good frontage, visibility and easy access. In an area of growth with newer developments happening nearby. This was planned and partially permitted for a four story 45 unit building, but plans changed. A good opportunity for development to build, lease and keep/resell, or owner user to build and operate a business. Owner financing may be an option with a 3-4 year cashout. A good value for the area.

1103 NW Market Street, Seattle

Listing Broker: Windermere Real Estate Co.; Greg Stamolis; 206-789-7700; gstamolis@windermere.com

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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