Seattle Homes with 55 - 5-9 Units Style

Welcome to the vibrant neighborhood of Seattle, Washington, where urban sophistication meets stunning natural beauty. Nestled between the majestic Cascade Mountains and the sparkling waters of Puget Sound, Seattle is a city that truly has it all. Known for its iconic skyline, bustling markets, and rich cultural scene, this dynamic city is a place where innovation thrives and community flourishes.

Seattle's neighborhoods are as diverse as its residents, each offering a unique blend of charm and character. From the historic streets of Pioneer Square to the trendy shops of Capitol Hill, there's something for everyone. The city is also home to a variety of parks, including the expansive Discovery Park, providing ample opportunities for outdoor activities and relaxation amidst nature.

For those considering a home in Seattle, the 55 to 59 units style offers an appealing option, combining the benefits of community living with the comforts of modern design. These homes are typically found in well-maintained complexes, providing residents with a sense of belonging while still enjoying private living spaces. With a variety of layouts and amenities, these units cater to a range of lifestyles, whether you’re a young professional, a growing family, or looking to downsize.

Living in Seattle means being part of a community that values innovation, sustainability, and inclusivity. With a thriving job market, renowned educational institutions, and a culinary scene that attracts food lovers from all over, the city is a place where you can truly thrive. Come explore the charm of Seattle and discover your perfect home in this enchanting city!

Newest Seattle Homes with 55 - 5-9 Units Style

$1,850,000

2546321 MLS ⋅ ACTIVE Status

WPI Real Estate is pleased to present 12741 35th Ave NE, an 8-unit apartment building in the heart of North Seattle. Reconstructed in 1999, keeping only the foundation and frame, the building totals 6,351 gross square feet and comprises 5 two-bedroom and 3 one-bedroom units across approximately 5,515 rentable square feet, set on a 7,121SF corner lot zoned Lowrise 2 (M). The property is offered at an actual cap rate of 5.39%, with attractive owner financing available: 50% down @ 5% fixed interest, amortized over 360 months on a 5-year term. It delivers a stabilized income stream today, with clear upside through utility pass-through/RUBS implementation, adding additional units (buyer to verify) or updates as units turn. The building offers a desirable unit mix with functional layouts appealing to long-term tenants. Most units are corner homes with ample natural light, and many have vaulted ceilings and private balconies or patios. On-site parking and easy street access add to tenant convenience, while low-maintenance HardiPlank siding and a pitched roof (replaced in 2019) keep operating expenses low. Current rents present the opportunity for strategic increases through unit turns. With Seattle's continued population growth, zoning changes, and limited housing supply, this property is well-positioned for appreciation and sustained demand.

12741 NE 35th Avenue NE, Seattle

Listing courtesy of WPI Real Estate Services, Inc..

$2,450,000

2452589 MLS ⋅ ACTIVE Status

Arun Apartments "PERMITTED" Development Site. The current permitted property is shovel ready for immediate development and is located in the highly desirable East Queen Anne/Westlake neighborhood of Seattle which offers immediate redevelopment potential in one of Seattle’s most supplyconstrained and sought-after multifamily submarkets. Beyond the existing remodeled 6 units, the site's zoning, pre-obtained permitting and design combine the two existing lots, allowing for an immediate development project consisting of five 4-story rowhouses. This feature presents an invaluable opportunity to bypass the typical lengthy permitting process where investors can elect to execute the permitted project for sale or long-term rental income.

1809 5th Avenue N, Seattle

Listing courtesy of Pacific Crest.

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