Seattle Homes with 55 - 5-9 Units Style

Seattle Homes with 55 - 5-9 Units Style

Welcome to Seattle, a vibrant city nestled between the majestic Cascade and Olympic mountain ranges, and bordered by the sparkling waters of Puget Sound. Known for its iconic Space Needle, thriving tech scene, and rich cultural tapestry, Seattle offers a unique blend of urban sophistication and natural beauty.

In the heart of King County, this dynamic city is home to diverse neighborhoods, each boasting its own distinct character. From the bustling Pike Place Market to the serene shores of Lake Washington, Seattle is a city that invites exploration and adventure. Whether you’re indulging in the local coffee culture or enjoying the stunning views from Kerry Park, there’s always something new to discover.

For those considering a move to this enchanting city, homes with 5-9 units offer an exceptional opportunity for both living and investment. These multi-family properties provide a sense of community while maintaining the privacy of individual residences. Ideal for first-time buyers or seasoned investors, this style of home is perfect for those looking to capitalize on Seattle's booming rental market.

Imagine living in a charming building that blends modern amenities with classic Seattle architecture, all while being just steps away from trendy cafes, parks, and public transport. The 5-9 unit homes in Seattle are not just residences; they are gateways to a lifestyle filled with endless possibilities. Whether you’re drawn to the eclectic energy of Capitol Hill or the serene surroundings of West Seattle, you’ll find a place that feels like home in this remarkable city. Explore Seattle’s multi-family offerings today and embrace the opportunity to live in one of America’s most sought-after cities!

Newest Seattle Homes with 55 - 5-9 Units Style

$2,750,000
2568199 MLS ACTIVE Status
The Portage Bay Plaza located at 3261 Fuhrman Ave E, presents a rare opportunity to invest in the extremely well-located north end of Portage Bay between the Eastlake and Montlake neighborhoods. The property offers large floor plans with a mix of seven 1-bedroom / 1-bath units and two 2-bedroom / 1.5-bath units, plus ample off-street parking. Wood-frame construction with a well-maintained brick exterior gives the building genuine mid-century character, while private decks with views of the Bay set it apart from typical residences in the neighbor-hood. Sitting on a large 9,220 SF parcel zoned LR3 (M), the property also carries long-term redevelopment optionality for townhomes or a larger apartment project. Current ownership has well maintained the property with meaningful recent capital improvements, while a new owner has an attractive opportunity to increase income by bringing on professional management and completing interior renovations. The majority of units feature hardwood or LVP flooring, with recent upgrades including updated cabinetry, quartz countertops, stainless-steel appliances, and mod-ern lighting. This leaves a clear and straightforward path to increasing value: finish the renovation program in the units that have not yet been updated, push parking income toward market, and add in-unit laundry to more units, which ownership has already proven out by converting one unit during their hold.

3261 Fuhrman Avenue E, Seattle

Listing courtesy of Westlake Associates, Inc..

Start Your Search
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.