Eastlake Homes with 56 - 10+ Units Style

Welcome to Eastlake, a charming neighborhood nestled along the shores of Lake Union in Seattle, Washington. Known for its picturesque views and vibrant community, Eastlake is a hidden gem that beautifully blends urban convenience with a touch of nature. The neighborhood is characterized by its eclectic mix of homes, ranging from historic bungalows to modern townhouses, making it a desirable location for families, professionals, and anyone who appreciates a lively atmosphere.

Eastlake boasts a rich history, with many homes reflecting the architectural styles of the early 20th century. The area is particularly known for its unique multi-unit residences, featuring properties with 56 to over 10 units. These homes not only provide ample living space but also foster a sense of community, as neighbors often come together to enjoy the area's numerous parks, waterfront activities, and local eateries.

Residents of Eastlake enjoy easy access to a variety of amenities, including boutique shops, coffee houses, and restaurants that line the waterfront. The scenic landscape invites outdoor enthusiasts to explore the nearby parks and trails, perfect for jogging, cycling, or simply soaking in the stunning views of Lake Union and the Seattle skyline.

With its vibrant culture, beautiful homes, and a friendly atmosphere, Eastlake is an ideal neighborhood for those seeking a dynamic lifestyle in one of Seattle's most beloved areas. Whether you’re looking to invest in a multi-unit property or find your dream home, Eastlake offers a unique blend of community spirit and urban living, making it a perfect place to call home.

Newest Eastlake Homes with 56 - 10+ Units Style

$3,095,000

2518111 MLS ⋅ ACTIVE Status

The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).

2318 Yale Avenue E, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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