Eastlake Homes with 56 - 10+ Units Style

Welcome to Eastlake, a hidden gem nestled along the shores of Lake Union in Seattle, Washington. This vibrant neighborhood is known for its picturesque waterfront views, eclectic charm, and a strong sense of community that makes it a perfect place to call home. Eastlake boasts a unique blend of residential and commercial spaces, making it an ideal location for those seeking a dynamic lifestyle.

The homes in Eastlake range from cozy cottages to modern multi-family units, with properties typically featuring 56 to over 10 units. This diverse architectural landscape allows for a variety of living options, catering to everyone from young professionals to families. Many of these homes offer stunning views of the lake and the iconic Seattle skyline, providing residents with a serene backdrop for their daily lives.

Eastlake is not just about beautiful homes; it’s also a community filled with life and activity. The neighborhood is dotted with charming cafes, artisanal restaurants, and local shops that invite you to explore and connect with your neighbors. Outdoor enthusiasts will appreciate the nearby parks and waterfront access, perfect for kayaking, biking, or simply enjoying a leisurely stroll along the lake.

With its close proximity to downtown Seattle, Eastlake offers easy access to the city’s vibrant cultural scene, including theaters, museums, and live music venues. Whether you’re looking for a peaceful retreat or an active urban lifestyle, Eastlake provides the perfect balance. Come discover why this enchanting neighborhood is one of Seattle’s best-kept secrets!

Newest Eastlake Homes with 56 - 10+ Units Style

$3,095,000

2518111 MLS ⋅ ACTIVE Status

The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).

2318 Yale Avenue E, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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