Refine Search
Map
Sort by
$1,400,000
2576739 MLS ⋅ ACTIVE Status
Rare opportunity to acquire two side-by-side triplexes in Seattle's Delridge/Westwood neighborhood, offered together as a 6-unit, 6,400 SF portfolio. Built in 2000, all six units are spacious 2 Bed/1.5 Bath townhome-style residences (approx. 1,067 SF each) with individual electric baseboard heat and in-unit fireplaces. Current rents sit well below market, creating compelling upside: current cap rate of approximately 4.7%, growing to approximately 7% at market rents (avg. $2,095/unit). Off-street parking, low-maintenance landscaping, and steps to the RapidRide H Line. Zoned LR2 (M) on a combined 9,000 SF lot. Opportunity for 20%-25% down payment as residential financing.

8832 Delridge Way SW Unit #A-E, Seattle

Listing courtesy of Medawar Real Estate.

$1,600,000
2576278 MLS ⋅ ACTIVE Status
Rare value-add opportunity in the heart of West Seattle's Admiral District. This 8-unit multifamily property sits on a 6,750 SF LR3 RC (M) zoned lot in a designated Urban Village — with permits already in hand to expand to 10 units. Renovate the existing 1969-built structure and capture immediate rent upside, or leverage approved plans to rebuild and maximize density. Solid poured-concrete foundation, on-site parking for 8 vehicles, and Puget Sound views from upper units add lasting value regardless of path chosen. With Seattle's One Seattle Comprehensive Plan and pending Centers and Corridors legislation positioning Admiral District for continued growth, this is a rare entry point for investors seeking income today and upside tomorrow. Offered at $1,600,000. *Some pics prior to current remodel*

5916 California Avenue SW, Seattle

Listing courtesy of KW Everett.

$2,975,000
2493770 MLS ⋅ ACTIVE Status
Rare opportunity to acquire a 6-unit waterfront multifamily asset in one of West Seattle’s most iconic locations. Situated on Alki Ave SW, this property offers unobstructed Puget Sound and Olympic Mountain views just steps from Alki Beach, the Alki Trail, dining, and neighborhood amenities. The property consists of 2 buildings with a strong unit mix, including spacious renovated units averaging approximately 1,200 SF, in-unit laundry, and off-street parking for 8-10 cars. Located on a 12,000 SF LR2(M) zoned lot, the asset presents multiple value-add angles including continued rent growth, long-term hold potential, and possible future redevelopment optionality. Current rents provide upside with renovated units and a premier location that continues to drive strong tenant demand. An irreplaceable Alki waterfront offering with income, scale, and land value in a highly sought-after coastal submarket. Buyer to verify all information to their satisfaction.

1788 Alki Avenue SW, Seattle

Listing courtesy of Kidder Mathews.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.