South Lake Union Homes with 56 - 10+ Units Style

South Lake Union Homes with 56 - 10+ Units Style

Welcome to South Lake Union, one of Seattle's most vibrant and rapidly evolving neighborhoods! Nestled just north of downtown, South Lake Union is a hub of innovation, culture, and community. With its stunning waterfront views and proximity to Lake Union, this area is perfect for those who appreciate a blend of urban living and natural beauty.

The neighborhood boasts a diverse array of homes, particularly appealing for those interested in multi-family residences, with options ranging from 56 to over 10 units. These properties are ideal for investors looking to capitalize on the flourishing rental market, as South Lake Union is home to a plethora of tech companies and startups, making it a hotspot for young professionals and families alike.

Residents enjoy an enviable lifestyle, with easy access to a variety of amenities, including trendy restaurants, boutique shops, and lush parks. The Seattle Center and the iconic Space Needle are just a stone's throw away, offering endless entertainment and cultural experiences. For outdoor enthusiasts, the nearby waterfront provides opportunities for kayaking, paddle boarding, and leisurely strolls along the shore.

Public transportation is a breeze, with multiple bus lines and the South Lake Union Streetcar connecting you to the rest of Seattle. Whether you’re seeking a bustling urban environment or a serene lakeside retreat, South Lake Union offers the best of both worlds. Discover the charm of this dynamic neighborhood and explore the possibilities of multi-family living in one of Seattle's most sought-after areas!

Newest South Lake Union Homes with 56 - 10+ Units Style

$2,800,000
2564376 MLS ⋅ ACTIVE Status
The Harrison Apartments, a rare investment opportunity in the heart of South Lake Union, is being offered for the first time in over three decades. Situated on a 7,200 SF corner lot with alley access, this 12-unit property has a historically low vacancy rate and the building provides immediate value-add potential with rents currently ~40% below market and additional upside through renovations. The mix includes ten 1BR/1BA units (approx. 700 SF) and two 2BR/1BA units (approx. 850 SF), with 5 units partially updated. Zoned SM-SLU 85-280, the site offers significant redevelopment potential, with preliminary estimates supporting up to 55 units (buyer to verify).

800 Harrison Street, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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