Queen Anne/Magnolia Homes with 54 - 4-Plex Style

Nestled in the heart of Seattle, the Queen Anne and Magnolia neighborhoods offer a unique blend of urban charm and natural beauty. Known for their stunning views of the Puget Sound and the iconic Seattle skyline, these areas are perfect for those seeking a vibrant community with a touch of tranquility. Queen Anne is characterized by its historic architecture, lush parks, and bustling local shops, while Magnolia boasts a more suburban feel with its expansive green spaces and waterfront access.

For those interested in investment opportunities or multi-family living, the region features an array of homes, including the appealing 4-plex style properties. These versatile buildings not only provide a great option for multi-generational living but also present an attractive investment opportunity for those looking to tap into Seattle's booming rental market. Imagine owning a charming 4-plex in this picturesque area, where each unit offers the potential for income while you enjoy the benefits of a prime location.

Living in Queen Anne and Magnolia means you're just minutes away from vibrant cultural attractions, fine dining, and outdoor adventures. Explore the scenic trails of Discovery Park, visit the renowned Space Needle, or indulge in the local coffee culture at one of the many cozy cafes. With excellent schools, friendly neighbors, and a strong sense of community, this region is not just a place to live; it’s a lifestyle choice. Whether you’re looking to invest or find your dream home, the Queen Anne and Magnolia neighborhoods are waiting to welcome you.

Newest Queen Anne/Magnolia Homes with 54 - 4-Plex Style

$4,200,000

2557146 MLS ⋅ ACTIVE Status

Queen Anne Jewel: Exceptional Four-Unit Investment or Grand Single-Family Conversion. Discover one of the finest real estate opportunities in Seattle’s most picture-perfect neighborhood. Perched in a premier Queen Anne location surrounded by multi-million dollar estates, this one-of-a-kind property offers breathtaking, unobstructed views of the Space Needle, Mt. Rainier, Elliott Bay, the Downtown Seattle skyline, and both the Cascade and Olympic mountain ranges. Currently configured as four meticulously upgraded units (three 2-bed/2.5-bath view units and one 1-bed/1-bath unit), every residence boasts premium appliances, private balconies, gas fireplaces, and in-unit laundry. While it serves as a high-performing luxury income asset, the property also presents a rare and incredible opportunity to convert the structure back into a singular, world-class grand estate. Located just down from iconic Kerry Park and welcoming neighborhood dining, this versatile property is sold as-is. Buyer to investigate to their full satisfaction.

604 W Kinnear Place, Seattle

Listing courtesy of Windermere RE West Campus Inc.

$975,000

2519144 MLS ⋅ ACTIVE Status

First time on the market in 33 years, and it shows. This turnkey West Queen Anne fourplex has been quietly held under single ownership for over three decades and is ready for a new investor to step in and collect. Four one-bedroom units, hardwood floors throughout, dishwashers in every unit, and Unit 4 comes with its own in-unit washer and dryer. Large basement storage accessible to all tenants. Off-street parking and a fenced backyard round it out. Live in one and rent the rest, this is a classic owner-occupy setup in one of Seattle's strongest residential neighborhoods. Queen Anne continues to command premium rents, attract long-term tenants, and hold its value through every market cycle. Current rents are below market with a clear upside path to $6,980/month. Zoned LR3(M) with long-term redevelopment optionality and potential to convert existing space into additional units, a value-add angle that is increasingly rare to find in this submarket. Steps from Metro Route 2, the RapidRide D Line, Seattle Center, Climate Pledge Arena, Kerry Park, and some of the best dining and retail in the city. Median household income within one mile exceeds $151,000. Strong bones, great location, proven demand. Priced at $262,500 per unit — bring your buyers.

2258 14th Avenue W, Seattle

Listing courtesy of Westlake Associates, Inc..

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