Fourplexes for Sale in King, Pierce and Thurston Counties

Search four-unit residential multifamily properties in western Washington. Compare 4-plex investment listings, unit layouts, potential rental income and recent activity.

View King, Pierce & Thurston Fourplex Listings

Fourplex and Residential Multifamily Searches

The saved IDX search below filters for fourplex-style properties in King, Pierce and Thurston counties, newest first. Check individual listings for legal unit count, occupancy and permitted use. For duplexes or triplexes, use the dedicated residential multifamily searches.

Fourplex Investment Considerations

Evaluate actual rent rolls, leases, tenant deposits, operating expenses, vacancy, insurance, taxes, utilities and property condition. Financing for two- to four-unit properties differs from typical five-plus-unit commercial apartment financing; verify lender requirements.

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Fourplex MLS Listings

Browse the saved IDX results immediately below. Listing availability and status can change; verify permitted unit count and property details before relying on a listing.

King, Pierce & Thurston Fourplex Listings - Newest First

$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

$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

$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

$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

$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

$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

$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

$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

$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

$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

$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

$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

$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

$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

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