University District Homes with 54 - 4-Plex Style

Welcome to the vibrant University District, a dynamic neighborhood nestled in the heart of Seattle, Washington. Known for its eclectic charm and youthful energy, the University District is a hub of culture, education, and community. As the home to the University of Washington, this lively area is bustling with students, professionals, and families alike, making it an exciting place to live.

One of the standout features of the University District is its diverse array of housing options, particularly the charming 4-plex style homes. These unique residences offer a blend of modern amenities and classic architectural appeal, perfect for those seeking a comfortable yet stylish living environment. The 4-plex homes typically feature spacious layouts, allowing for a sense of community while still providing privacy. With multiple units, they are ideal for investors or individuals looking to share living spaces with friends or family.

The neighborhood itself boasts an array of attractions, from trendy cafes and restaurants to local shops and parks. Enjoy a leisurely stroll through the bustling streets, where you’ll find everything from artisanal coffee shops to vibrant farmers' markets. The proximity to the University of Washington means that cultural events, art exhibitions, and sporting activities are always just around the corner.

With its rich blend of academic life, artistic expression, and community spirit, the University District is more than just a place to live—it's a lifestyle. Whether you’re a student, a young professional, or looking to invest, the 4-plex homes in this neighborhood offer an unparalleled opportunity to be part of one of Seattle’s most sought-after areas. Welcome home!

Newest University District Homes with 54 - 4-Plex Style

$995,000

2567345 MLS ⋅ ACTIVE Status

With an ideal location just steps from the University of Washington, the property is situated on a 2,500-square-foot parcel with Mid-Rise (MR M1) zoning. As a result, investors have a rare opportunity to acquire an exceptionally well-positioned multifamily asset in one of Seattle’s most desirable and supply-constrained rental markets. The property features a diverse unit mix consisting of studio and two-bedroom residences averaging 518 square feet, appealing to a broad tenant base. A prime location within walking distance of UW provides a consistent demand driver and strong long-term rental fundamentals. Significant capital improvements have already been completed, including a roof replacement within the last four years, upgraded Square D electrical panels, and full copper plumbing, helping reduce near-term capital expenditure requirements for a new owner. Further enhancing the investment appeal, the property boasts a Walk Score of 93 (“Walker’s Paradise”), an 83 Bike Score, and an 82 Transit Score, offering exceptional connectivity throughout Seattle. Investors also have the unique opportunity to acquire an additional fourplex located directly across the street at 710 NE 43rd Street, creating an immediate avenue for portfolio expansion & operational efficiencies within the same submarket.

709 NE 43rd Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,200,000

2567359 MLS ⋅ ACTIVE Status

Just steps from the University of Washington. Situated on 5,000 square foot parcel zoned Mid Rise (MR M1), the property features a diverse unit mix of one and two-bedroom residences averaging 473 square feet, providing broad appeal to workforce renters. The property benefits from an excellent location within walking distance of the University of Washington, placing residents near a wide array of academic facilities, rental destinations, dining options & major transportation corridors. The asset offers 6 off street parking spaces, a valuable amenity in this highly urbanized and supply concentrated neighborhood. Positioned in one of Seattle’s most walkable communities, the property boasts a Walk Score of 93, a Bike Score of 83, a Transit Score of 82. The strong mobility metrics enhance the tenant demand and support of long term occupancy stability. Adding to the investment appeal, an additional fourplex located directly across the street is also available for purchase, presenting investors with a unique opportunity to achieve immediate scale and operational efficiencies within the same submarket. Combining a desirable unit mix, favorable zoning, excellent accessibility, and potential for portfolio expansion, this offering represents an attractive opportunity in one of Seattle’s most dynamic rental markets.

710 NE 43rd Street, Seattle

Listing courtesy of John L. Scott, Inc.

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