Rainier Beach Homes with 55 - 5-9 Units Style

Welcome to Rainier Beach, a vibrant and diverse neighborhood nestled in the heart of Seattle, Washington. Known for its stunning views of Lake Washington and the majestic Mount Rainier, this community is a hidden gem that perfectly blends urban convenience with natural beauty.

Rainier Beach boasts a rich cultural tapestry, with a variety of local shops, restaurants, and parks that reflect the area’s unique heritage. Residents enjoy easy access to the scenic Rainier Beach Park, where you can soak up the sun, take a leisurely stroll along the waterfront, or engage in a friendly game of volleyball. The neighborhood is also home to several community events throughout the year, fostering a strong sense of belonging among its residents.

For those seeking a home in this charming area, Rainier Beach offers a selection of multi-family residences, specifically homes with 5-9 units. These properties provide an excellent opportunity for both investors and families looking for spacious living arrangements. With a range of options available, you can find beautifully designed units that feature modern amenities, ample natural light, and easy access to public transportation.

Living in Rainier Beach means being part of a close-knit community while still having the excitement of downtown Seattle just a short drive away. Whether you’re drawn in by the picturesque surroundings, the rich cultural experiences, or the welcoming atmosphere, Rainier Beach is a place where you can truly feel at home. Come explore this enchanting neighborhood and discover the perfect place to start your next chapter!

Newest Rainier Beach Homes with 55 - 5-9 Units Style

$1,699,950

2548973 MLS ⋅ ACTIVE Status

Exceptional value-add investment opportunity in Seattle's evolving Rainier Beach neighborhood, just moments from Lake Washington. This 7-unit multifamily property features an ideal unit mix of four 2-bedroom/1-bath units and three 1-bedroom/1-bath units, providing strong in-place income with additional revenue from on-site coin-operated laundry. Current ownership has maintained consistent occupancy while offering the next owner the opportunity to enhance value through cosmetic unit updates as vacancies occur. Investors will appreciate the potential to improve rental income over time while benefiting from immediate cash flow. Situated on an NC155(M)-zoned lot with six tandem parking spaces accommodating up to 12 vehicles, the property also offers long-term redevelopment potential (buyer to verify). Conveniently located near Lake Washington, transit, neighborhood restaurants, shopping, and ongoing community investment, this is a rare opportunity to acquire a well-performing asset with multiple avenues for future growth. Some interior photos have been virtually staged for illustrative purposes only. Virtual staging is limited to furnishings and décor.

9265 57th Avenue S, Seattle

Listing courtesy of eXp Realty.

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