University District Homes with 54 - 4-Plex Style

Welcome to the vibrant University District, a dynamic neighborhood nestled in the heart of Seattle, Washington. Known for its eclectic mix of cultures, youthful energy, and rich academic heritage, the University District is a haven for students, professionals, and families alike. Home to the prestigious University of Washington, this area pulses with life, offering an array of coffee shops, eateries, and local boutiques that cater to every taste.

The University District boasts a unique architectural landscape, with charming homes that reflect its historical roots alongside modern developments. Among the most appealing options are the 4-plex style homes, which provide an excellent opportunity for both investors and homeowners. These multi-family residences not only offer the potential for rental income but also foster a sense of community among neighbors. Imagine living in a beautifully designed space that blends comfort with convenience, just a stone's throw away from parks, libraries, and cultural landmarks.

Residents enjoy easy access to public transportation, making commuting a breeze. The nearby University Village offers a delightful shopping experience, while the iconic Burke-Gilman Trail invites outdoor enthusiasts to explore the natural beauty of the region. Whether you’re strolling through the farmer’s market or attending a local event, the University District is brimming with opportunities for connection and engagement.

In the University District, you’re not just buying a home; you’re investing in a lifestyle. Discover the charm of 4-plex living in this vibrant neighborhood, where every day feels like an adventure waiting to unfold. Your dream home in the University District awaits!

Newest University District Homes with 54 - 4-Plex Style

$995,000

2567345 MLS ⋅ ACTIVE Status

With an ideal location just steps from the University of Washington, the property is situated on a 2,500-square-foot parcel with Mid-Rise (MR M1) zoning. As a result, investors have a rare opportunity to acquire an exceptionally well-positioned multifamily asset in one of Seattle’s most desirable and supply-constrained rental markets. The property features a diverse unit mix consisting of studio and two-bedroom residences averaging 518 square feet, appealing to a broad tenant base. A prime location within walking distance of UW provides a consistent demand driver and strong long-term rental fundamentals. Significant capital improvements have already been completed, including a roof replacement within the last four years, upgraded Square D electrical panels, and full copper plumbing, helping reduce near-term capital expenditure requirements for a new owner. Further enhancing the investment appeal, the property boasts a Walk Score of 93 (“Walker’s Paradise”), an 83 Bike Score, and an 82 Transit Score, offering exceptional connectivity throughout Seattle. Investors also have the unique opportunity to acquire an additional fourplex located directly across the street at 710 NE 43rd Street, creating an immediate avenue for portfolio expansion & operational efficiencies within the same submarket.

709 NE 43rd Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,200,000

2567359 MLS ⋅ ACTIVE Status

Just steps from the University of Washington. Situated on 5,000 square foot parcel zoned Mid Rise (MR M1), the property features a diverse unit mix of one and two-bedroom residences averaging 473 square feet, providing broad appeal to workforce renters. The property benefits from an excellent location within walking distance of the University of Washington, placing residents near a wide array of academic facilities, rental destinations, dining options & major transportation corridors. The asset offers 6 off street parking spaces, a valuable amenity in this highly urbanized and supply concentrated neighborhood. Positioned in one of Seattle’s most walkable communities, the property boasts a Walk Score of 93, a Bike Score of 83, a Transit Score of 82. The strong mobility metrics enhance the tenant demand and support of long term occupancy stability. Adding to the investment appeal, an additional fourplex located directly across the street is also available for purchase, presenting investors with a unique opportunity to achieve immediate scale and operational efficiencies within the same submarket. Combining a desirable unit mix, favorable zoning, excellent accessibility, and potential for portfolio expansion, this offering represents an attractive opportunity in one of Seattle’s most dynamic rental markets.

710 NE 43rd Street, Seattle

Listing courtesy of John L. Scott, Inc.

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