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17902 Vashon Hwy SW, Vashon
$1,150,000
2597777 MLS ⋅ ACTIVE Status
Charming 1909 fourplex in the heart of Vashon Village. A broad covered porch welcomes you to four renovated one-bedroom suites, with two on the main floor and two upstairs. Light-filled interiors feature crisp, neutral tones, with modern kitchen and bath fixtures. Currently operating as the Vashon Inn, the property has also served as an apartment building. Set on just under two acres, it offers ample parking, a sweeping lawn, and a convenient location steps from village shops, the farmers market, and restaurants. At the rear of the building, a catering kitchen, deck, laundry room, and bathroom offer flexibility for a variety of uses. A sweet, detached flex building provides additional office or storage space. Public transportation, sewer, and District 19 water serve the property. Rent all four suites or live in one while generating income from the others. A unique opportunity to own a piece of Vashon Island history and make your island dream a reality.

17902 Vashon Hwy SW, Vashon

Listing Broker: Windermere Vashon; Mary Margaret Briggs; 206-276-2158; MMBriggs@windermere.com

5211 Phinney Avenue N, Seattle
$1,750,000
2597841 MLS ⋅ ACTIVE Status
Rare Phinney Ridge fourplex originally built in 1920 as a grand brick Craftsman residence overlooking Woodland Park. Rich in character, curb appeal, and pride of ownership, this unique property offers an exceptional opportunity for investors or owner-occupants seeking supplemental rental income. The remodeled 3 bed 2 bath 2,510 SF main-floor residence features high ceilings, generous living spaces, a den with fireplace, formal living room, sunroom, private washer/dryer, 200+ SF of dedicated storage, and three tandem off-street parking spaces. Upper-level 1-bedroom units enjoy Sound and mountain views from bedrooms and a shared view deck. Basement apartment updated in 2024 with new flooring, carpet, paint, countertops, and appliances. Residents also enjoy a low-maintenance shared backyard and patio, ideal for relaxing or entertaining. Situated in one of Seattle's most sought-after neighborhoods, just minutes to Downtown, Fremont, Ballard, Green Lake, Woodland Park Zoo, restaurants, cafes, groceries, parks, and transit. A rare blend of historic elegance, strong rental appeal, flexible living options, and an unbeatable location.

5211 Phinney Avenue N, Seattle

Listing Broker: Coldwell Banker Danforth; Samie Bryan; 206-971-8800; sam@sambryan.com

15609 8th Avenue SW, Burien
$1,100,999
2596265 MLS ⋅ ACTIVE Status
Prime Burien 4-Plex | Exceptional Investment & Owner-Occupant Opportunity! Fantastic income-producing property in the heart of Burien! This beautifully maintained 4-plex offers four spacious 2-bedroom units, three featuring private en-suite ¾ baths. Three of the four units have been occupied by long-term tenants, reflecting the property's strong rental appeal. Unit 1 was fully remodeled in 2023 and recently refreshed, including a brand-new water heater. All units feature fireplaces, private decks or patios, and double-pane windows. Major recent improvements include a brand-new roof installed in April 2026, professional exterior painting, refreshed landscaping, and a newly striped parking lot with six off-street parking spaces. On-site coin-operated laundry provides additional income potential. Ideally located with an impressive 89 Walk Score, just steps from Olde Burien, Town Center, shopping, dining, and amenities. An exceptional investment opportunity with potential for owner-occupied financing, allowing a buyer to live in one unit while generating rental income from the others. A well-established, easy-to-manage property in a highly desirable location!

15609 8th Avenue SW, Burien

Listing Broker: Brierwood Realty; Adi Gueorguieva; 425-208-5878; Adi.n.gueorgieva@gmail.com

429 1st Avenue N, Algona
$995,000
2595521 MLS ⋅ ACTIVE Status
Well-Maintained Algona 4-Plex with Rental Upside Excellent investment opportunity in a convenient Algona location! This well-maintained 4-plex features four 2-bedroom, 1-bath units, each approximately 750 square feet, situated on a generous 12,700-square-foot lot with ample parking. Each unit includes a dishwasher and washer/dryer hookups. Conveniently located near Highway 167, shopping, dining, and area amenities. Current rents are below market, providing an opportunity to increase rental income and enhance investment returns.

429 1st Avenue N, Algona

Listing Broker: Pacific Residential Brokers; Tom O'Brien; 253-988-0080; tom@paccombrokers.com

2475 55th Avenue SW, Seattle
$1,399,000
2593577 MLS ⋅ ACTIVE Status
Great investment and location in West Seattle within 2 blocks of highly desired Alki Beach Park. Tenants love to walk to restaurants, bars, parks, trails, bike trails and sandy Alki Beach. Built in 1988 and has been nicely maintained 4-plex multifamily. Two of the rental units have 2 bedrooms and 1 bathroom, and two of the rental units have 1 bedroom and 1 bathroom. Each unit has inside washer and dryer hook-up. Each unit has private patio or balcony. Each unit has 1 parking space on the property. Less than 20 minutes to downtown Seattle.

2475 55th Avenue SW, Seattle

Listing Broker: Century 21 Van Dorm Realty; Kent Stottlemyre; 360-791-1855; stottlemyre@msn.com

34005 1st Circle S, Federal Way
$959,500
2593882 MLS ⋅ ACTIVE Status
Rarely available townhome-style 4-plex in the professionally managed Panther Lake community, offering some of the largest floor plans in the complex. Each two-level unit features 2 bedrooms, 1.5 baths, and approx 1,009 SF per builder/management. The main floor offers a living room with wood-burning fireplace, separate dining room, kitchen, half bath, and in-unit washer/dryer; upstairs are two bedrooms with double closets and a full bath. Two private decks per unit. Current rents $1,600-$1,850 with upside toward the $1,895 market rate for this plan. Four carport spaces plus additional parking. HOA dues cover water, sewer, garbage, exterior maintenance, and grounds, and tenants reimburse $158/month per unit for water/sewer/garbage plus pay their own electric. Required on-site management (5%) makes ownership hands-off for local or out-of-area investors. Owner-occupants may qualify for FHA/VA financing. Community playground and sport court. Minutes to I-5, Hwy 18, shopping, and the Federal Way light rail station. Priced below the most recent sale of an identical floor plan in the community. Seller intends to complete a 1031 exchange; buyer to cooperate at no cost or liability to buyer.

34005 1st Circle S, Federal Way

Listing Broker: Better Properties N. Proctor; Leo Zhuk; 253-906-8970; LeoZhuk@gmail.com

1124 Lakeview Boulevard E Unit #1-4, Seattle
$1,995,000
2589625 MLS ⋅ ACTIVE Status
A rare five-unit income opportunity in prime Capitol Hill: this fourplex now includes a newly completed lower-level ADU (finished May 2026), currently leased month-to-month. Breathtaking Lake Union and Gas Works Park views from four units, with downtown and Space Needle views from the property. Recent updates include a brand-new torch-down roof with all-new flashing, stucco and trim repairs, fresh exterior paint, professionally repaired and reinforced foundation cracks, galvanized pipes replaced with PEX, a newer sewer main, new water heaters (2021-2022), remodeled bathrooms in Apts 1 and 3, a new back deck, Trex front stairs, retaining wall and keycode entry. Private on-site laundry for 3 units, with new washer/dryers in two top units. Tenant-occupied with long-term and short-term tenancies, offering great owner-occupant potential. Convenient access to I-5, downtown, South Lake Union and the Eastside. Excellent 1031 investment opportunity. The property may qualify for residential financing as a 1-4 unit property with an ADU; buyer to verify. Contact the listing agent to schedule a tour.

1124 Lakeview Boulevard E Unit #1-4, Seattle

Listing Broker: Venture Real Estate Group LLC; Jamie Langsford; 206-934-0237; jlangsford@vreg.co

6010 Glen Mary A-D SE, Lacey
$965,000
2592278 MLS ⋅ ACTIVE Status
Looking for an investment opportunity in the heart of Lacey? Look no further than this exceptional 4 plex unit located on Glen Mary Ln! Part of an 18 building complex, this property offers a prime location and exceptional value for investors! Inside each spacious 1000 square foot unit, you will find 2 bedrooms, 1 bathroom, and W/D hookups in the attached garages. Unit D upstairs is currently vacant and just underwent a stunning full renovation, and is ready for buyer occupancy, or the next occupants. Investment security is priority, and this property just received a full exterior repaint, and features a newer roof and gutters. Location is key, and this 4 plex is positioned near the busline, freeway access, shopping, restaurants, and JBLM, catering to the needs of potential tenants and enhancing the properties appeal. Schedule your showing today!

6010 Glen Mary A-D SE, Lacey

Listing Broker: Realty One Group Bold; Kim Weeks; 253-389-8374; kweeks78@gmail.com

3919 Mason Loop Road, Tacoma
$835,000
2588359 MLS ⋅ ACTIVE Status
Turnkey 4-plex set far back from the street with a vacant 2 bed, 1 bath unit - the perfect setup for househackers or buy-and-hold investors! Backing to a protected green space with a private backyard, this durable, easy-to-manage property features four identical 2-bed/1-bath layouts. Each unit offers in-unit W/D & private outdoor living, featuring lower patios & elevated upper wood decks. Recent 2025 updates ensure low maintenance, including new gutters, fresh exterior paint, & new flooring. Features like the community park directly across the street & 8 dedicated parking spaces (2 per unit) make this well maintained fourplex a rare find! Rents are a bit below market, leaving strong potential for future upside. A compelling, practical opportunity with parking, outdoor space, & immediate value for the next owner. Move right in and HouseHack your way to financial independence, or re-lease for top-of-market rent! Live well & invest wisely.

3919 Mason Loop Road, Tacoma

Listing Broker: COMPASS; Michael Haas; 408-439-7873; Michael.Haas@compass.com

3411 Stoll Road SE, Olympia
$899,000
2591909 MLS ⋅ ACTIVE Status
DESIRABLE 4-PLEX just off Lilly Road in amazing location! 100% occupied with $7,943/mo income! With Washer/Dryer, storage sheds for each unit, One 2 BR unit, fenced rear yard area, parking in front. Remodeled recently. Close to shopping, bus stop and Hwy I-5!

3411 Stoll Road SE, Olympia

Listing Broker: RE/MAX Parkside Affiliates; Thomas Schrader; 360-480-9387; toms@remax.net

4206 Dayton Avenue N, Seattle
$2,250,000
2590619 MLS ⋅ ACTIVE Status
One of Upper Fremont's few grandfathered multi-units on a quiet residential street, this extraordinary 4-unit property stands in a category of its own. A $625,000 full gut renovation has produced something the market simply cannot replicate. Nothing comparable exists. Six bedrooms & four baths total across two 2-bed/1-bath units rebuilt to the studs with all new electrical, HVAC, A/C, gas lines, LVP floors, quartz counters, custom cabinetry, double vanities & custom tile showers. Two studios with all new baths, electric heat, cabinetry & quartz counters. Every unit has in-unit laundry washer & dryer, a separate electric meter & new window blinds. The main top floor unit is a true showpiece. A dramatic two-story entry with custom metal railings, refinished hardwood floors & a statement chandelier sets the tone immediately. The chef's kitchen is anchored by custom cabinetry, quartz counters & a gas range, all framed by a thoughtfully realigned window capturing breathtaking Mt. Rainier & downtown Seattle views. The exterior is equally impressive with new Hardie board siding, a new roof, all new windows, fresh landscaping, a fenced yard, updated masonry steps & hard-wired Ring security cameras. Four off-street parking spaces & a 10x10 storage shed complete the package. Quality product. Quality tenants. Nothing left to do. Steps to the best of Fremont's restaurants, bars, shops & coffee

4206 Dayton Avenue N, Seattle

Listing Broker: Coldwell Banker Bain; Christopher Sudore; 425-519-3345; Chris@KingCountyEstates.com

7525 10th Avenue Ct E, Tacoma
$729,950
2590238 MLS ⋅ ACTIVE Status
Investor opportunity! Well-maintained 4-plex featuring four 2-bedroom, 1-bath units in a convenient Tacoma location. Strong value-add potential with long-term tenants and significantly below-market rents, offering investors the opportunity to increase cash flow over time. Current ownership has intentionally kept rents low for many years. All tenants are currently on month-to-month leases, providing additional flexibility for future management and rent adjustments. Recent major capital improvement includes a new roof installed in 2025. Each unit offers functional layouts, off-street parking, and strong rental demand in the area. Ideal for investors seeking stable occupancy today with the ability to enhance returns through future rent adjustments. Conveniently located near shopping, dining, schools, transit, and major commuter routes. Rare opportunity to acquire a 4-plex with immediate income and significant long-term growth potential.

7525 10th Avenue Ct E, Tacoma

Listing Broker: TS Property Management; Justin Park; 253-334-9845; justin.park@tspmanagement.net

5209 S Orchard Street, Tacoma
$860,000
2589131 MLS ⋅ ACTIVE Status
FULL MARKETING PACKAGE IN SUPPLEMENTS. This Grand Terrace Fourplex features oversized 900 SF 2BR/1.0BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer, a dedicated single-car garage, and a storage locker. Location is a win being minutes to Hwy 16 & I-5, Tacoma Mall, and Village at Chambers Bay, plus walkable access to a major bus route and daily-need amenities. In-place rents average $1,650/mo with clear mark-to-market upside supported by nearby 2-Bedroom rent comps averaging $2,115. Stabilized cap rate of 6.8% cap and market cap rate of 8.8%.

5209 S Orchard Street, Tacoma

Listing Broker: Kidder Mathews; Brian Richardson; 206-276-6811; brianr@kiddermathews.com

1316 12th Avenue S, Seattle
$1,000,000
2587263 MLS ⋅ ACTIVE Status
Exceptional investment and house-hacking opportunity in desirable North Beacon Hill! This four-unit multifamily property offers approximately 3,390 square feet of living space on a generous, level 6,000-square-foot lot directly across from a city park. Live in one residence while renting the other three to generate income and help offset your mortgage, or lease all four units as a dedicated investment. An appealing opportunity for owner-occupants and investors alike, this versatile fourplex offers multiple income streams and long-term potential. Features include parking for four vehicles, shared laundry facilities, and additional storage, adding convenience for residents and rental appeal. The level lot and reported LR3 zoning may offer possibilities for future redevelopment or expansion, subject to city approval and buyer verification. Enjoy a central location with convenient access to downtown Seattle, the International District, neighborhood restaurants, shopping, parks, and major transportation corridors, including I-5 and I-90. Directly across from a city park, the property combines an established residential setting with excellent urban connectivity. Whether you envision living on-site while building equity, expanding your rental portfolio, or pursuing a value-add strategy, this North Beacon Hill property delivers flexibility, location, & the opportunity to create lasting value in Seattle's urban core. A rare chance to pair your own home with three rental income units.

1316 12th Avenue S, Seattle

Listing Broker: Real Broker LLC; Chris Bierrum; 206-251-9002; chris.bierrum@gmail.com

34246 1st Place S, Federal Way
$895,000
2586121 MLS ⋅ ACTIVE Status
Turnkey 4 Plex Investment in a great community. Features 4 occupied spacious units w/functional layouts, large deluxe units w/1 bed, 1 full bath - highly desirable units. All units have a cozy FP, in-unit W/D, balcony or deck. Dedicated covered parking spots for each unit + visitor parking. New roof in 2024, New siding in 2024, new exterior and interior paint in 2024. Prime location close to Redondo beach, Costco, Winco, shopping malls, restaurants, schools, parks, library & hospitals. Community sports courts, play areas and amenities. Easy access to I-5, Hwy 99, Hwy 18 and upcoming light rail for commuters. Great cash flowing property for Investors, Owner occupied buyers & VA buyers.

34246 1st Place S, Federal Way

Listing Broker: Skyline Properties, Inc.; Scott Fladseth; 206-795-9500; scottbinsea@hotmail.com

1953 10th Avenue W, Seattle
$1,495,000
2585477 MLS ⋅ ACTIVE Status
We are pleased to present the 10th Ave W Fourplex in Seattle’s Queen Anne neighborhood. This offering presents a rare combination of immediate usability, flexible investment strategies, and future upside. Delivered vacant, the property is well suited for an owner occupant seeking to move in immediately while renovating or repositioning the remaining units over time. The property may also appeal to townhome developers evaluating the LR1 (M) zoning and 7,200 square foot lot for future redevelopment potential, subject to buyer verification. It features four individually metered residences with a unique mix of updated interiors, double pane windows offering sweeping views, and in unit washer and dryers. The units include hardwood flooring, stainless steel and white appliances, dishwashers, updated cabinetry, private deck access, and walk-in closet space. Recent improvements include a replacement water heater system completed in 2023 and electrical upgrades completed in conjunction with the water heater installation. The building also includes basement storage, seven parking spaces, and two garage spaces. With a blend of existing improvements and additional upside through continued interior modernization and operational review, the property presents investors with the opportunity to acquire a well located small multifamily asset in one of Seattle’s most established rental neighborhoods

1953 10th Avenue W, Seattle

Listing Broker: Lee & Associates Commercial RE; Dea Sumantri; 206-773-2680; dsumantri@lee-associates.com

1609 Maple Lane Unit #C5-C8, Kent
$700,000
2581755 MLS ⋅ ACTIVE Status
Exceptional opportunity to acquire a well-maintained 4-unit multifamily property in the heart of Kent. This turnkey investment offers immediate cash flow, consistently low vacancy, and substantial upside through future rent growth. There are multiple exit strategies as each condo is individually parceled off with recent sales as high as $260k in the community. Each spacious 2-bedroom, 1-bath unit features approximately 930 SF, a fireplace, in-unit washer and dryer, reserved parking, and an efficient floor plan that continues to attract long-term tenants. Many tenants are long-term with lower than market rents with the potential to achieve $2,000+ per month as leases renew and units are refreshed. Pro-forma shows this as an 8% cap rate. Possibility for even higher rents as mid-term rentals. HOA dues cover professional management, water, sewer, garbage, exterior building maintenance, and landscaping. Creating a low-maintenance ownership experience. Recent improvements include newer roofs, brand-new siding, windows, doors, gutters, balconies, electrical panels, crawlspace insulation, moisture barriers, seismic retrofitting, road resurfacing, and concrete replacement. A rare opportunity to acquire a stable, income-producing 4-unit asset with long-term appreciation and value-add potential in one of South King County's strongest rental markets. Extremely convenient location to highways, public transportation, and shopping.

1609 Maple Lane Unit #C5-C8, Kent

Listing Broker: Windermere Real Estate JS; Kyle Wells; 360-631-2996; kylewells@windermere.com

1 Dravus Street, Seattle
$995,000
2582564 MLS ⋅ ACTIVE Status
The Dravus Fourplex consists of four thoughtfully configured units, including two studios, a 2BD/1BTH unit, and a 1BD/1BTH unit with a den. Each unit features in-unit W/D, vinyl plank flooring, and updated appliances. Select units have received more extensive renovations, including gray shaker cabinetry, quartz-style countertops, modern fixtures, and other contemporary finishes, while the remaining units have been updated over time as needed and maintained in good condition. The property is exceptionally well located, with Fremont just a five-minute walk across the Fremont Bridge, providing immediate access to the neighborhood’s restaurants, bars, retail, and entertainment. Opportunities to acquire a renovated and well-positioned fourplex in Queen Anne are increasingly rare. With the building’s major systems addressed, a new roof, renovated interiors, and strong proximity to Fremont and Queen Anne, the Dravus Fourplex offers an attractive combination of current income and future upside. Unit 3 has recently become vacant, creating an excellent owner-user opportunity for a buyer looking to occupy one unit while benefiting from rental income from the remaining three. The property is already operating well, while additional upside exists through the potential to implement utility bill-backs, providing a clear path to further increase income and improve overall operating performance.

1 Dravus Street, Seattle

Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com

21614 29th Avenue S, Des Moines
$1,050,000
2577632 MLS ⋅ ACTIVE Status
Steady cash flow meets tenant-favorite amenities in this well-maintained Des Moines fourplex! Built in 1976, the 3,740-square-foot property offers four spacious 2-bedroom, 1-bath units — each with its own washer/dryer, dishwasher, refrigerator, range, garbage disposal, and wood-burning fireplace, the kind of features that keep quality tenants renewing year after year. The two upper units (approx. 930 SF) offer large private decks, while the two lower units (approx. 830 SF) open onto a shared patio and fenced backyard, and select units capture partial territorial and Puget Sound views. Seven off-street parking spaces, public utilities, sidewalked street frontage, and quick access to I-5, Highway 99, schools, and everyday conveniences round out this well-positioned, income-ready asset in one of South King County's most in-demand rental markets. Only one unit is currently occupied, giving the new owner a unique opportunity to hand-select tenants and set market-rate rents on the remaining three. Contact the listing agent for showing access and any questions.

21614 29th Avenue S, Des Moines

Listing Broker: eXp Realty; Adisu Fanta; 206-255-3715; adisu@fantaproperties.com

3909 Mason Loop Road, Tacoma
$899,950
2578180 MLS ⋅ ACTIVE Status
Unbeatable turn-key investment opportunity featuring a fully occupied 4-plex with many long-term, stable tenants in a prime neighborhood surrounded by well-maintained properties, delivering immediate cash flow and predictable returns. Each spacious 918 sq. ft. unit offers 2 large bedrooms with dual walk-in closets, 1 full bathroom, all major appliances including in-unit washer and dryer, dual-pane windows, and private decks or patios with extra storage space. Three units feature cozy fireplaces, while recent capital improvements include new siding (2018) and a complete renovation of one unit (2025). Please DO NOT DISTURB TENANTS; (Owner is a licensed Real Estate Broker).

3909 Mason Loop Road, Tacoma

Listing Broker: Windermere Prof Partners; Greg Devey; 253-973-7786; gregdevey@windermere.com

4028 S Lawrence Street, Tacoma
$799,950
2576805 MLS ⋅ ACTIVE Status
Updated Tacoma 4-plex with strong income-growth potential. 4 units are currently rented, providing immediate rental income, with opportunity to increase rents with lease renewals. Ample on-site parking adds strong tenant appeal. Convenient location near shopping, dining, parks, schools, employment, and major roadways. Updated units, new roof in 2024, existing income, parking, and upside make this a compelling multifamily investment.

4028 S Lawrence Street, Tacoma

Listing Broker: Pellego, Inc.; Bao Phung; 206-240-1912; bao@pellego.com

8632 26th Avenue SW, Seattle
$1,200,000
2573723 MLS ⋅ ACTIVE Status
Charming West Seattle four-plex tucked away on a quiet street with direct walking trail access just minutes away from everything Westwood Village has to offer. Expertly maintained and cared for over the years by the owner whose career is managing commercial and multifamily maintenance crews in downtown Seattle apartment buildings. This property is a gem with all units boosting a coveted two bedrooms, two baths, onsite laundry and over 1,000 sq/ft of ideal rental size layouts. The bottom two units have sun filled private patios, perfect for summer gardens, barbecues, or social gatherings. The upper floor units boost large decks and sit among the treetops and singing birds and have their own special privacy where you can capture moments of morning solitude or magical evenings to remember. There are four carports and storage for each unit. There is so much to love about the location and all that it is close to. These four large residences are all under one roof and in the heart of one of Seattle's most desirable neighborhoods. This is an excellent investment with below market rents, waiting for the right owner to realize its full potential!

8632 26th Avenue SW, Seattle

Listing Broker: KW Greater Seattle; Patrik Warneke; 206-920-6540; patrik@emeraldcityrealestate.com

1101 S Woodlawn Street Unit #1-4, Tacoma
$945,000
2573776 MLS ⋅ ACTIVE Status
*RARE UR-3 INVESTMENT + DEVELOPMENT OPP - EXISTING 4-PLEX ON 10,251 SF LOT* Perfect if you're looking for your first rental property or wanting to expand your current portfolio! This fourplex near Tacoma's North End features four spacious 3-bed, 1.5-bath units, each with full w/d + f/p. Units 1 & 4 remodeled (est $15k) AUG '26 & have been kept vacant for new owners, providing your chance to capture market rents & recapture w/s/g via RUBS. Target 6.25%+ CAP. House hackers, occupy one while the other 3 pay your mortgage. Fresh ext paint, newer water heaters, new flooring, int paint. The 3-bed floor plans are attractive to renters, appealing to groups of 4+ seeking more space without the cost of a home. Location is an advantage. Very convenient self-storage facility right next door. Great access to I-5, SR-16 & services, while remaining close to hip 6th Ave & downtown. For commuters to JBLM or going north to King Co, the area provides major transportation options. Whether you're a seasoned investor looking to increase rents & build long-term equity or an owner-occupant seeking a smart house-hack, this property offers multiple paths to maximize your investment & deserves your serious consideration. A chance to acquire a 4plex with 3-bed units with immediate upside or owner-occupant flexibility are increasingly difficult to find in today's market. No HOA, clean records, easy to self-manage. Seller's exit is your gain. Buyer to verify measurements, rents & financing eligibility.

1101 S Woodlawn Street Unit #1-4, Tacoma

Listing Broker: Multifamily Properties; Brandon M Vukelich; 206-250-6961; brandon@bv-re.com

4907 S Orchard Street Unit #A-D, Tacoma
$835,000
2573761 MLS ⋅ ACTIVE Status
* SOLID, LOW MAINTENANCE INVESTMENT OPPORTUNITY * The fourplexes in the Orchard Park Apt community are rarely available, last sale was 2021. This is perfect if you're looking for your first rental property or want to expand your current portfolio by four doors! This apt community is located just south of Fircrest & east of University Place. It features four spacious 2-bed, 1-bath units, each with full w/d, fireplace + carport parking, a leasing advantage in this corridor. Unit C fully updated 2024. Both upper units have balconies, lower units enjoy patio space. New $20k roof. Lease renewals could provide the opening to implement RUBS to recapture w/s/g exp. One unit is VACANT & ready to update to achieve max rent or house hackers may occupy one while the other 3 pay your mortgage. Great access to I-5, SR-16 & neighborhood services. For commuters to JBLM or going north to King Co, the area provides major transportation options. Whether you're a seasoned investor looking to increase rents & build long-term equity or an owner-occupant seeking a smart house-hack, this property offers multiple paths to maximize your investment & deserves serious consideration. The chance to acquire a well-maintained 4plex with potential upside or owner-occupant flexibility are increasingly difficult to find in today's Puget Sound market. HOA covers garbage & landscaping. Clean records, easy to self-manage. Seller's exit is your gain. Buyer to verify measurements, rents & financing eligibility.

4907 S Orchard Street Unit #A-D, Tacoma

Listing Broker: Multifamily Properties; Brandon M Vukelich; 206-250-6961; brandon@bv-re.com

917 A-D 75th Street E, Tacoma
$799,950
2571607 MLS ⋅ ACTIVE Status
MAJOR PRICE REDUCTION! NOW $799,950 — DOWN FROM $875,000! An outstanding opportunity to invest in Tacoma multifamily real estate at a significantly improved price, offering an attractive in place 5.6% cap rate! This fourplex has already benefited from substantial improvements, including a brand-new roof, fresh exterior paint, two fully renovated units, bathroom updates in the remaining two units, and crawl space improvements with new insulation and vapor barrier. Much of the heavy lifting has already been done, with additional upside still available! Two units offer further renovation potential, along with the opportunity to increase rental income toward current market rates. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this is an opportunity to acquire an improved income-producing asset with room for future growth. New price, improved returns, and plenty of potential!

917 A-D 75th Street E, Tacoma

Listing Broker: Keller Williams Rty Tacoma; Brian Thayer; 253-678-7297; sold@brianthayer.com

2826 D Place SE, Auburn
$949,998
2574331 MLS ⋅ ACTIVE Status
Prime Auburn location with a cap rate over 7%, strong existing rents, and reliable long-term tenants with an opportunity to occupy one of the units and have established rents in the other 3. This well-maintained fourplex offers immediate cash flow with additional upside over time. The building has also recently been repainted on the exterior, enhancing its curb appeal and reducing near-term maintenance for the next owner.Each of the four homes features two bedrooms, one bathroom, in-unit laundry, updated appliances, a fireplace, and a comfortable, functional layout. Both upper residences have been remodeled with attractive modern finishes and include private decks. The two lower residences offer private patios and fenced outdoor areas, providing added privacy and strong tenant appeal.The property also includes four covered carport spaces and two additional surface parking spaces. Conveniently located near major freeways, shopping, restaurants, parks, transit, and everyday services, the property provides easy access throughout the South Sound and greater Seattle area while remaining tucked away from the main road.All four units are currently occupied by established tenants, providing dependable income from day one. With strong rents already in place, two remodeled upper units, a freshly painted exterior, and a cap rate close to 7%, this is a compelling opportunity for investors seeking durable cash flow in a high-demand rental market.

2826 D Place SE, Auburn

Listing Broker: COMPASS; Marius ion; 425-466-7876; marius.ion@compass.com

10016 NE 117th Court, Kirkland
$1,690,000
2572857 MLS ⋅ ACTIVE Status
Capitalize on Kirkland’s rapid growth with this beautifully remodeled, low-maintenance 4-unit property. Offering scenic territorial southwest views with abundant light, the building features extensive capital improvements—including a newer roof and energy-efficient double-paned windows, sliding glass doors & water heaters. Walk to Kirkland’s beaches, farmer markets, and amenities. Each unit is fully rented with established, long-term tenants and boasts high-end finishes: granite countertops, stainless steel appliances, individual in-unit washers/dryers (e.g. full-size), fireplace, and a private deck. Positioned on a dead-end, quiet street, this turnkey investment sits in a highly desirable neighborhood near Lake Washington, shopping, dining, and easy commuting routes. Seller financing available for qualified buyers: 30% down, 6% interest, 5-year term (negotiable, subject to seller approval). The Juanita submarket is an area characterized by consistently low vacancy, durable rental demand, and proximity to Eastside employment hubs including tech, healthcare, biotech, and space. All four units are configured as 2-bedroom / 1-bathroom apartments averaging approximately 804 square feet, with in-unit washer and dryer and dedicated parking within an 8-stall lot. It’s a well-maintained and centrally located fourplex walking distance to Lake Washington — long-term tenants, RM 2.4 zoning, immediate rent upside.

10016 NE 117th Court, Kirkland

Listing Broker: Wilson Northwest Investments; Sharon Cunnington; 206-235-3190; sharon@earlybirdinvestmentgroup.com

120 S 339th Circle, Federal Way
$1,200,000
2571118 MLS ⋅ ACTIVE Status
A quiet and serene 4-plex multi-family home centrally located in Federal Way with convenient transportation. Extremely accessible to bus stop, light rail, shopping, and dining, with easy access to I-5, Hwy 99 and the king County library located right across the street. Great opportunity to own an income-generating 4-plex featuring an estimate Cap rate around 5%. All units are managed by on-site property management so it's easy and low maintenance to manage.

120 S 339th Circle, Federal Way

Listing Broker: Q Star Seattle Corporation; Pearl Lee; 206-664-1697; pearlleerealtor@gmail.com

27 S 342nd Place, Federal Way
$1,200,000
2571153 MLS ⋅ ACTIVE Status
A quiet and serene 4-plex multi-family home centrally located in Federal Way with convenient transportation. Extremely accessible to bus, light rail, shopping center, and dining, with easy access to I-5, Hwy 99 and the King County library located right across the street. Great opportunity to own an income-generating 4-plex featuring an estimate Cap rate around 5%. All units are managed by on-site property management so it's easy and low maintenance to manage.

27 S 342nd Place, Federal Way

Listing Broker: Q Star Seattle Corporation; Pearl Lee; 206-664-1697; pearlleerealtor@gmail.com

203 Farrelly Street, Enumclaw
$1,200,000
2569440 MLS ⋅ ACTIVE Status
Turnkey Enumclaw fourplex featuring 100% occupancy and immediate cash flow at a 5.83% cap rate! Fully stabilized with reliable in-place income and zero vacancy turnaround required. Units feature high-end upgrades including quartz counters, white shaker cabinets, LVP flooring, stainless steel appliances, and in-unit W/D—paired with a private lot backing to peaceful green space. Capital improvements include PEX re-piping, permitted electrical updates, and a 2017 roof. Low ~31% expense ratio with tenant utility bill-backs (RUBS) and inheritable professional management in place. Generating $105k+ actual gross income ($70k+ NOI), this is a rare, low-maintenance income producer.

203 Farrelly Street, Enumclaw

Listing Broker: Windermere Central Sound; Keenan Grayson; 206-861-4511; keenan@windermere.com

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.
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