Greenwood Homes with 56 - 10+ Units Style

Welcome to Greenwood, a vibrant neighborhood nestled in the heart of Seattle, Washington. Known for its eclectic mix of charming homes, bustling streets, and a strong sense of community, Greenwood is a hidden gem that offers something for everyone.

As you stroll through the tree-lined avenues, you’ll discover a delightful blend of architectural styles, with homes ranging from quaint bungalows to modern multi-family units. The neighborhood is characterized by its unique 56 to 10+ unit properties, which provide an excellent opportunity for both investors and families seeking spacious living. These homes often feature contemporary designs while retaining the warmth and character that Greenwood is known for.

Greenwood is more than just a collection of homes; it’s a thriving community filled with local shops, cafes, and restaurants that reflect the area’s diverse culture. The neighborhood’s vibrant arts scene is evident in the many galleries and performances that take place throughout the year, making it an exciting place to live for those who appreciate creativity and expression.

Families will appreciate the abundance of parks and green spaces, offering plenty of opportunities for outdoor activities, picnics, and leisurely walks. The local schools are highly regarded, making Greenwood an ideal location for families looking to settle down.

With its perfect blend of urban convenience and suburban charm, Greenwood is a neighborhood that truly feels like home. Whether you’re looking to invest in a multi-unit property or find a cozy residence, Greenwood welcomes you with open arms and endless possibilities. Come discover all that this vibrant Seattle neighborhood has to offer!

Newest Greenwood Homes with 56 - 10+ Units Style

$1,518,000

2554023 MLS ⋅ ACTIVE Status

Exceptional 13-unit investment and redevelopment opportunity on a 13,440 SF lot in prime and highly connected North Seattle location. The property includes two buildings with a desirable mix of studio, one- and two-bedroom residences, offering multiple investment strategies. 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. 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. A compelling combination of current income, value-add potential and long-term redevelopment opportunity.

10531 Aurora Avenue N, Seattle

Listing courtesy of Real Property Associates.

$2,525,000

2553931 MLS ⋅ ACTIVE Status

The Monterey Apartments feature elegant and timeless architecture that appeals to a broad spectrum of renters seeking character and warmth not found in typical new buildings. There are a total of 13 apartments with a balanced mix of spacious studios and one-bedrooms and a large (1,253 SF), recently renovated two-bedroom plus den floor plan. The units are inviting and comfortable, with tall ceilings, beautiful original hardwood floors, efficient floor plans, charming period details and great natural lighting. Units on the upper floor enjoy wonderful territorial views of Green Lake and Greenwood.

8008 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$5,500,000

2375807 MLS ⋅ ACTIVE Status

Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential—buyer to verify.

8214 Greenwood Avenue N, Seattle

Listing courtesy of COMPASS.

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