Seattle Homes with 54 - 4-Plex Style

Seattle Homes with 54 - 4-Plex Style

Welcome to Seattle, Washington—a vibrant city that seamlessly blends natural beauty with urban sophistication. Nestled between the stunning Puget Sound and the majestic Cascade Mountains, Seattle is renowned for its iconic landmarks, including the Space Needle and Pike Place Market. This thriving metropolis is not just a hub for tech giants like Amazon and Microsoft, but also a cultural melting pot, offering a rich tapestry of arts, music, and culinary experiences.

If you’re considering a move to this dynamic city, you might be particularly interested in the charming homes available in the 54 - 4-Plex style. These unique properties offer an excellent opportunity for both homeowners and investors alike. Designed to maximize space and functionality, 4-Plex homes provide four separate living units within a single building, making them perfect for multi-generational living or rental income.

Located in the heart of King County, these homes are strategically positioned to enjoy Seattle’s diverse neighborhoods, each with its own character and charm. From the bustling streets of Capitol Hill to the serene waterfront of West Seattle, you’ll find that each area offers something special. With easy access to public transportation, parks, and local amenities, 4-Plex homes in Seattle provide not just a place to live, but a lifestyle filled with adventure and convenience.

Whether you’re looking to invest or settle into a community that values innovation and creativity, Seattle’s 54 - 4-Plex homes are an opportunity you won’t want to miss. Explore the possibilities today and discover your new home in the Emerald City!

Newest Seattle Homes with 54 - 4-Plex Style

$1,228,888
2562308 MLS ⋅ ACTIVE Status
Fantastic opportunity to own a well-located fourplex in Seattle’s desirable Magnolia neighborhood. Three units are currently leased, while Unit 3 is intentionally being held vacant to provide easy access for showings and flexibility for the next owner. Ownership has historically prioritized stable, long-term tenancies and limited turnover, resulting in several rents remaining on the lower end and offering potential for future income growth. The property includes four dedicated off-street parking stalls—one for each unit—on-site laundry and a shared backyard area. Zoned LR3(M), the property may also offer long-term redevelopment or value-add possibilities, subject to buyer verification and applicable City of Seattle requirements. Conveniently located near Magnolia Village, Discovery Park, Queen Anne, Ballard and Downtown Seattle, with easy access to neighborhood shops, restaurants, parks, transit and major employment centers. An appealing opportunity for an investor or owner-occupant seeking established rental income, immediate leasing flexibility and long-term potential in one of Seattle’s most established neighborhoods. Please do not disturb tenants.

2657 Thorndyke Avenue W, Seattle

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$1,999,950
2558358 MLS ⋅ ACTIVE Status
Live in the heart of Capitol Hill while building equity with this unique Craftsman-style fourplex. Ideal for an owner-occupant or seasoned investor, the versatile unit mix includes a studio, one-bedroom and 2 three-bedroom residences. Live comfortably in one unit while rental income from the others helps offset your mortgage. Current monthly income is $8400 with potential upsides in rents as you improve each unit. Residents will appreciate having Capitol Hill’s acclaimed restaurants, cafés, nightlife, shopping and transit just outside their door. The property offers solid in-place income with potential to increase rents as units are turned-over and upgraded. Zoned NC3P-75 (M) which also provides long-term redevelopment opportunities for mixed-use apartments or "condo-ize" the property. Enjoy the energy and convenience of one of Seattle’s most desirable neighborhoods while securing an income-producing property with room to grow. Seller Financing Available.

1210 E Pine Street, Seattle

Listing courtesy of Berkshire Hathaway HS NW.

$1,399,000
2542292 MLS ⋅ ACTIVE Status
The property includes one non-conforming studio unit, two 1-bedroom/1-bathroom units, and one 2-bedroom/1-bathroom unit. All units were renovated approximately five years ago, featuring hard-surface flooring, updated kitchens, fresh paint, and modern fixtures throughout. The current owner has maintained the property with great care, and it benefits from mature landscaping that enhances its overall appeal. The property currently operates at a 4.6% cap rate, with potential upside through rent increases and the addition of storage income. This offering represents a rare chance to acquire a well-maintained, stabilized asset in the heart of Georgetown.

6635 Carleton Avenue S, Seattle

Listing courtesy of Skyline Properties, Inc..

$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.

$949,500
2556281 MLS ⋅ ACTIVE Status
Toatally renovated and fully occupied four-plex — turnkey income property in a proven Seattle rental corridor. Rare opportunity to acquire stabilized small multifamily where all the work is already done. Each of the four 2-bedroom, 1-bath units was comprehensively renovated in 2025 with new kitchens, updated baths, modern flooring, and in-unit washer/dryers. features that attract quality tenants and keeps them in place. Long-term tenants occupy all four units, with current rents sitting below market — organic upside with zero additional capex. Minutes to [downtown Seattle / SeaTac / major employers via 509], transit, and the White Center–Burien amenity corridor. Small renovated multifamily rarely comes available in this area. Ideal for a buy-and-hold investment and 1031 exchange buyers seeking immediate placement. Full financials, rent roll, and lease documentation available to qualified buyers on request.

10443 17th Avenue SW, Seattle

Listing courtesy of Windermere RE Greenwood.

$1,395,000
2556067 MLS ⋅ ACTIVE Status
1822 S King St is a Walkers Paradise with a walk score of 94, placing residents within easy reach of Downtown Seattle, major hospitals, neighborhood restaurants and shops, and convenient transit options. Constructed in 1988 and with a full-gut renovation in 2001, the building features modern systems, updated siding, and upgraded exterior stairs. Units fully renovated in 2019 with contemporary finishes, including updated kitchens and bathrooms, in-unit laundry, and 3 of four units with dishwashers. The property offers an attractive and efficient unit mix consisting of 3 one-bed units and 1 two-bed unit. The upper units each have 2 operable skylights and views of Downtown Seattle, the Olympics, and the Stadium. Each unit has its own private patio, providing desirable outdoor space rarely found in similar properties. Additional amenities include 4 off-street parking spaces. Notably, the property has demonstrated success as a short-term rental, with 1 of the one-bed units currently furnished and achieving stable income diversification. This presents a proven model for additional income generation across other units, while also offering flexibility for a future owner to pursue a mix of short-term and long-term rental strategies. With strong in-place operations, additional upside through the implementation of utility bill-backs, and a proven alternative short-term rental income strategy, the property offers investors both stability and future income growth potential.

1822 S King Street Unit #A-D, Seattle

Listing courtesy of Kidder Mathews.

$1,395,000
2553650 MLS ⋅ ACTIVE Status
Perched above street level in highly desirable Beacon Hill location, this updated 4,220 sqft. 4-plex offers a blend of scale, flexibility, and rental upside. Property features 6Br/5Ba across 4 spacious units on a 5,040 sqft. LR2 lot, with 4 uncovered alley-access parking spaces. Enjoy exceptional transit access—just 5 blocks from the Beacon Hill light rail station and approx. 10 blocks from newly opened East Link at Judkins Park—with easy connections to I-5, I-90, downtown Seattle, Bellevue, schools, parks, and neighborhood amenities. Unit 1 (first floor) spans approx. 1,400 sqft. offers a 1Br/1Ba layout with living room, kitchen & dining area. Unit 2 (main floor) also approx. 1,400 sqft. with 2Br/2Ba, including a primary ensuite, and a recently updated kitchen featuring S/S appliances, granite counters, handsome cabinetry, and direct access to the gated backyard. Unit 3 occupies the front portion of the upper floor, approx. 600 sqft. with 1Br/1a, a kitchen with dining space, and a generous living area. Unit 4, located at the rear of upper floor, approx. 800 sqft. with 2Br/1Ba, ample living room and dining, and a bright kitchen opening to a private deck for extended living space. Notable features include good ceiling heights throughout, LVP & hardwood floorings, 2 water heaters, coin-op washer & dryer, and extra storage. A rare opportunity to own a well-located multifamily asset with strong livability, transit convenience, excellent bike and walk scores, and future potential.

2021 15th Avenue S, Seattle

Listing courtesy of John L. Scott Des Moines.

$2,500,000
2544198 MLS ⋅ ACTIVE Status
Prime Columbia City LR3 (M) Site — Fully Rented Income Property Outstanding investment opportunity along the MLK transit corridor. This LR3 RC (M)-zoned property sits just blocks from the Columbia City Light Rail Station and is fully rented, providing immediate income while offering strong long-term redevelopment potential. The site features gentle topography, solid solar exposure, and frontage along a major arterial with full sidewalks and light rail transit access. 5 minutes walk Surrounded by single-family, townhome, and multifamily developments, this location supports a wide range of future residential uses. Perfect for investors seeking cash flow now with development upside later in one of Seattle’s fastest-growing urban villages.

5050 MARTIN LUTHER KING JR WAY S, Seattle

Listing courtesy of Skyline Properties, Inc..

$1,625,000
2538372 MLS ⋅ ACTIVE Status
Beautifully maintained four-unit building in an exceptional Ballard location. Just blocks from Ballard's vibrant shops, acclaimed restaurants, music venues, movie theater, and the popular Sunday Farmers Market, with easy access to everything this sought-after neighborhood has to offer. Thoughtfully updated with contemporary finishes and low-maintenance systems (effective year built: 1988), including double-pane windows throughout. The 1800sf west-facing unit features two bedrooms, two baths, huge bonus room/at home office/3rd non-conforming bedroom, all with an abundance of natural light. Three additional one-bedroom, one-bath residences offer generous living spaces and the convenience of in-unit laundry. Attractive interior finishes include hardwood floors, quartz countertops, shaker-style cabinetry, and updated plumbing and lighting fixtures. The property also features off-street parking, beautifully landscaped outdoor spaces ideal for entertaining, and substantial lower-level tenant storage and mechanical rooms. Strong rental history and excellent tenant retention provide stable income, while future value-add potential exists with seller-provided architectural plans for a possible fifth unit (buyer to verify feasibility). Excellent investment opportunity in one of Seattle's most desirable neighborhoods. Virtual staging.

6746 24th Avenue NW, Seattle

Listing courtesy of Lake & Company.

$1,900,000
2533245 MLS ⋅ ACTIVE Status
Located in the Miller Park neighborhood of Seattle, known for exceptional walking and biking scores, this property consists of a triplex + detached accessory dwelling unit (DADU). These well-built buildings were constructed in 2024. Units are equipped with full appliance packages that include refrigerator, oven, over range microwave, dishwasher, and full-size washer and dryer. Other amenities include wall mounted mini-splits that provide heating and cooling. Uniquely, the buildings have solar panels on the roof. All units in the triplex were newly leased in early 2026, and the DADU remains vacant for the possibility of an owner occupant. Two units in the triplex are designated Mandatory Housing Affordability units (MHA). These units have restricted rent based on MHA schedules and are also restricted to tenants that qualify under the program. The designation is permanent for these two units. The other two units can be rented at market rates or occupied by a new owner. Expenses are mostly estimated.

228 21st Avenue E, Seattle

Listing courtesy of Westlake Associates, Inc..

$899,990
2526828 MLS ⋅ ACTIVE Status
In-city Seattle multifamily rental with strong demand and long-term potential in the highly desirable 98144 / North Beacon Hill area. This property offers dependable rental income, a convenient location, and a clear path to future value through market rent alignment and strategic improvements. With a proven history of long-term tenants and low vacancy, it’s the kind of asset investors look for today, with room to grow. Easy access to downtown Seattle and major commuter routes makes it a smart addition to any portfolio or an excellent first multifamily purchase. This property with solid bones and a beautiful location offers a great opportunity for buyers ready to add value. With a little work and vision, this property has the potential to shine and deliver long-term returns.

1312 15th Avenue S, Seattle

Listing courtesy of KW Greater Seattle.

$900,000
2524678 MLS ⋅ ACTIVE Status
Classic craftsman meets 4 plex and a 3 car garage! Income property or redevelopment property....you choose. 4 units of 500 sq ft . 1 bed 1bath. Zoned RSL(M) Turn-Key Investment with Excellent Cash Flow. 2 units STR and 2 LTR. This historic 1901 Craftsman offers a rare, turn-key opportunity for savvy investors in the heart of Seattle’s South Park neighborhood. Well maintained and boasting a strong tenant history, this property is designed for immediate cash flow and long-term value. : Approximately 2,600 sq. ft. of interior space across a well-designed 4-unit layout. Craftsman charm with convenient location, featuring wood exterior finishes and a durable composition roof. Ample Parking: Rare for the area, this property includes 6 total parking spaces (3 covered and 3 uncovered). Currently cash-flowing with an excellent track record of high occupancy. Corner Lot Appeal: The property sits on a 6,000 sq. ft. corner lot with alley access, offering extra privacy.

1056 S Sullivan Street, Seattle

Listing courtesy of Lake & Company.

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