Seattle Homes with 55 - 5-9 Units Style

Seattle Homes with 55 - 5-9 Units Style

Welcome to Seattle, Washington, a vibrant city nestled between the majestic Cascade Mountains and the sparkling waters of Puget Sound. Known for its iconic Space Needle and rich cultural tapestry, Seattle is a haven for those seeking a blend of urban sophistication and natural beauty. With a thriving tech scene, delicious culinary offerings, and a plethora of outdoor activities, it’s no wonder that Seattle consistently ranks as one of the best places to live in the United States.

In the heart of King County, Seattle boasts a diverse array of neighborhoods, each with its own unique charm and character. For those interested in multi-family living, homes with 5-9 units offer an excellent opportunity for both investment and community living. These properties are perfect for families, young professionals, or anyone seeking a vibrant community atmosphere. The architectural styles range from contemporary townhouses to classic brick buildings, providing a variety of options to suit different tastes and lifestyles.

Living in a 5-9 unit home in Seattle means enjoying the convenience of shared amenities while still having your own private space. Many of these homes are strategically located near public transportation, parks, and local shops, making it easy to immerse yourself in the city's dynamic lifestyle. Whether you’re taking a stroll through Pike Place Market, sipping coffee at a local café, or exploring the scenic waterfront, the essence of Seattle is always at your doorstep.

Discover the charm of Seattle today, and see why so many are choosing to call this remarkable city home!

Newest Seattle Homes with 55 - 5-9 Units Style

$1,695,000
2584222 MLS ⋅ ACTIVE Status
The Iowan Apartments is a seven-unit apartment building located on the South slope of Queen Anne. The building is priced at a current 5.5% cap rate and has been extensively upgraded including a re-plumb of the building supply lines (2026), a new roof (2025), new central hot water tank (2024), double pane vinyl windows, and square D electrical panels throughout the building. The property includes seven open parking stalls accessed off the alley. The property comprises 4,870 net rentable square feet across seven units, averaging 696 square feet, with a mix of one studio, four one-bedroom units including one one-bedroom plus den, one two-bedroom, and one three-bedroom. Interior improvements completed upon natural turnover support potential monthly income of approximately $17,234, representing a 25.1% increase. The property is zoned LR3 (M) within the Uptown Urban Center, with a 2.3 FAR and a 50 foot height limit on a 5,610-square-foot lot. The existing building utilizes approximately half of the site’s maximum permitted floor area, creating meaningful future development optionality. Uptown has no residential parking minimum, providing flexibility for future redevelopment. See the Development Optionality section for additional details. Located two blocks north of Seattle Center, the property offers immediate access to Climate Pledge Arena, the Space Needle, Seattle Center Monorail, and the surrounding Uptown amenity base.

819 6th Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$2,695,000
2584084 MLS ⋅ ACTIVE Status
The Deauville Apartments is an 8-unit multifamily investment located at 2801 14th Ave W in Seattle’s Queen Anne neighborhood, above the Interbay corridor. Built in 1961, the property offers a uniform unit mix of 8 two-bedroom, one-bathroom homes averaging 784 square feet, on a 9,000 square foot LR3(M)-zoned lot. All units feature in-unit laundry, dishwashers, view windows, modern updates, and dedicated parking. Systems work included new electrical panels in four units (all are up-to-date), plumbing updates, new hot water heaters and new appliances throughout. Every unit now has in-unit W/D and exhaust fans from its bathroom and kitchen. The roof received a full perimeter d a secure package box, a regraded parking area, and repairs to stairwell and walkway structures. Four units were completely remodeled with all-new kitchens, along with all-new bathrooms, new entry doors, and new hardwood flooring. The remaining units received mid-level renovations, including new appliances, updated electrical and plumbing fixtures, refinished bathtubs, new lighting, and ceiling fan additions in bedrooms. Real prefinished red oak hardwood was installed in six units and engineered hardwood in a seventh unit. The property shares the Armour Street city right of way. This provides residents a park like feel in an urban setting and an amenity to any future redevelopment.

2801 14th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,325,000
2583445 MLS ⋅ ACTIVE Status
Ideally located just a few blocks north of the University of Washington campus, this 5-unit multifamily apartment community is within walking distance of The Ave's retail and dining corridor and benefits from the neighborhood's excellent transit connectivity. The property features a desirable unit mix of two one-bedroom and three two-bedroom units, averaging approximately 763 square feet. The building has a pitched composition roof. Two units have been recently renovated, and capital improvements include an updated electrical system with Square D panels, new sewer lines and dual-pane windows throughout, reducing near-term capex exposure for a new owner. The three remaining classic units offer rent upside upon turnover, giving investors a phased value-add path rather than requiring day-one repositioning. Five off-alley parking spaces, a meaningful advantage in this parking-constrained submarket, plus on-site laundry and storage round out the offering, supporting both tenant retention and ancillary income potential. Offered at $265,000 per unit and below $350 per square foot, the property presents an attractive basis and offers long-term stability close to the city's largest institutions.

5030 15th Avenue NE Unit #1-5, Seattle

Listing courtesy of Kidder Mathews.

$1,695,000
2583141 MLS ⋅ ACTIVE Status
We are pleased to present Capitol Hill 7, a well-located 7-unit property positioned in Seattle’s Capitol Hill/Eastlake neighborhood. Built in 1964, the 5,800 SF asset offers an attractive scale for investors seeking a well-located investment opportunity with durable rental demand. The property features LVP flooring throughout, ten on-site parking spaces, common-area laundry, and separate storage lockers for each residence. The roof was installed in 2016, helping reduce near-term capital expenditure requirements. Unit 5 includes an added rear deck with a glass sliding door, providing an enhanced outdoor living amenity. Located near the intersection of Capitol Hill and Eastlake, residents benefit from convenient access to Seattle’s premier dining, nightlife, retail, parks, cultural amenities, and employment centers. The property is a 10-minute walk from the light rail Capitol Hill Station. With its strong in-city location, parking availability, dedicated storage, and value-add potential through future unit upgrades, Capitol Hill 7 presents an appealing opportunity for investors seeking exposure to one of Seattle’s most established rental submarkets.

426 11th Avenue E, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$2,100,000
2582746 MLS ⋅ ACTIVE Status
Rare opportunity to own a well-maintained six-unit apartment building in the heart of Capitol Hill, one of Seattle's most sought-after rental neighborhoods. With a Walk Score of 91 (Walker's Paradise), residents are steps from Broadway, 15th Ave E, Cal Anderson Park, the light rail station, and some of the city's best dining and nightlife. The building offers a versatile unit mix: 1 studio, 2 one-bedrooms, and 3 two-bedrooms. Five of the six units feature private balconies or patios, and Unit #6 boasts a Space Needle view. Unit #2 and #6 have been completely renovated, showcasing the finish level achievable across the remaining units as they turn. Designed for low-maintenance ownership, the building features exterior unit access with minimal common area to maintain, durable Marblecrete siding, and updated double-pane windows throughout. 5 on-site parking spaces are a premium amenity in this dense urban neighborhood. Long-term tenants provide stable income. Parking and utilities are presently included in rent, giving the next owner a clear path to increase revenue through separate parking fees and utility billing, in addition to rent increases. A solid, easy-to-operate asset in an A+ location with multiple value-add levers. Ideal for an investor seeking durable cash flow with meaningful upside.

315 13th Avenue E, Seattle

Listing courtesy of WPI Real Estate Services, Inc..

$1,900,000
2580702 MLS ⋅ ACTIVE Status
Wallingford 7, is a charming Mid-Century Modern apartment building built in 1960 and perfectly situated on the border of Wallingford and Fremont. Units feature large open floor plans with abundant natural light flowing into the units. The spacious and comfortable living areas with a separate dining area is perfect for entertaining providing a ‘home environment’ vs an apartment experience. Currently, 6 of the 7 units are being operated as fully furnished short-term rentals. This presents several investment opportunities to a new owner. A new owner can continue to operate the Wallingford 7 as short term housing or transition the units to leased apartments. Currently as the short-term rental units are vacating, the owner is leaving the units vacant further supporting either investment option.

4301 Whitman Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$2,250,000
2581844 MLS ⋅ ACTIVE Status
We are pleased to present this well-maintained 6-unit apartment property in Ballard, one of Seattle’s most established and desirable rental markets. Built in 1982 and offered for sale for the first time by the family of the original builder, the property combines durable construction, spacious 2-bedroom floor plans, desirable resident amenities, and identifiable renovation upside. The property is comprised entirely of 2-bedroom, 1-bath corner units featuring in-unit W/D, fireplaces, private balconies, dining areas, dishwashers, refrigerators, ranges, and wood flooring. A common area provides secure resident storage, an additional laundry set, and a 1/2 bath, with potential for conversion to an additional unit (buyer to verify). 6 parking spaces are provided, 5 of which are covered. Ownership began renovating interiors in 2021, with 3 of the 6 units remodeled to date. The remaining apartments retain classic finishes, providing a clear opportunity to continue the renovation program and capture additional rental upside. Building systems include copper plumbing and Crouse-Hinds electrical panels, and a full roof replacement was completed in August 2026. Located in the heart of Ballard, along with recent capital improvements, an all 2-bedroom unit mix, in-unit laundry, covered parking, and a straightforward value-add strategy, the property offers investors an attractive combination of current income, renovation potential, and long-term appreciation.

1544 NW 53rd Street, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$2,210,720
2580220 MLS ⋅ ACTIVE Status
Bon a’Ville Apartments is offering Seller Financing on this eight-unit multifamily property located at 11249 Greenwood Avenue North in Seattle’s Broadview neighborhood. Built in 1975, the three-story, wood-frame building is situated on an approximately 6,700-square-foot LR3-zoned site along Greenwood Avenue North. The property features a desirable unit mix consisting of six two-bedroom/one-bath units and two one-bedroom/one-bath units. The two-bedroom units are approximately 950 square feet, with the one-bedroom units containing approximately 650 square feet. Units feature functional floor plans, updated appliances in select units, double-pane windows, and a combination of carpet, laminate, and vinyl flooring. Several units also offer western territorial and partial Puget Sound views. Property amenities include off-street parking for each unit, secured entry with an intercom system, and on-site laundry facilities. The two top-floor units have in unit washer and dryer. The property is located along Greenwood Avenue North in Seattle’s established Broadview neighborhood, a desirable North Seattle residential area offering convenient access to neighborhood amenities, employment centers, and regional transportation. Greenwood Avenue provides a direct connection to the shops, restaurants, cafés, and services found throughout Greenwood and surrounding North Seattle neighborhoods.

11249 Greenwood Avenue N, Seattle

Listing courtesy of Capstone Commercial.

$2,065,000
2569977 MLS ⋅ ACTIVE Status
The Caldwell presents investors with a compelling opportunity to acquire a turn-key multifamily investment in one of Seattle’s premier urban submarkets, offering an attractive 5.0% in-place cap rate. Ideally positioned at the edge of Capitol Hill, the property is less than a block from Madison Street, a major arterial providing direct access to Downtown Seattle and the surrounding employment centers. The property features a highly functional mix of 1- and 2-bedroom floor plans, including three townhouse-style units, appealing to renters seeking additional space and flexibility for today’s work-from-home lifestyle. Its prime location places residents within close proximity to the vibrant amenities of Capitol Hill while providing convenient access to major employers, healthcare institutions, and educational centers throughout the region. Continued growth in South Lake Union, driven by major technology employers including Amazon, Google, and Meta, combined with the established presence of Swedish Medical Center, Seattle University, and other major institutions, supports strong and sustained rental demand. With its desirable location, versatile unit mix, and established income stream, the Caldwell offers investors an attractive combination of current cash flow, tenant demand, and long-term appreciation potential.

2312 E Denny Way, Seattle

Listing courtesy of Skyline Properties, Inc..

$2,925,000
2578716 MLS ⋅ ACTIVE Status
Rare opportunity to acquire a 7-unit apartment building featuring exceptionally large, condo-sized residences in Seattle’s desirable Magnolia neighborhood. Each unit offers approximately 1,300 SF with 2 bedrooms and 1.75 bathrooms, providing floor plans and living space rarely found in comparable rental properties. Originally constructed as part of the Eldorado Block condominium development, the units feature wood-burning stone fireplaces, in-unit washers and dryers, spacious primary suites with walk-in closets, exterior-vented range hoods and generous storage. The building has benefited from numerous improvements over the years, including updates to plumbing, electrical, roofing, siding, decks and windows. A unique opportunity to acquire an apartment asset with true condo-sized units and amenities that differentiate it from the surrounding rental market.

3600 25th Avenue W, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$2,000,000
2577739 MLS ⋅ ACTIVE Status
Prime investment opportunity in the heart of Fremont! Linden features an attractive 8-unit mix (two 1 bed/1 bath and six 2 bed/1 bath units) averaging 644 sq ft. Exceptional upside potential with current rents ~10% below market rate and utility reimbursements sitting at ~37% with room to expand to 86%. Additional revenue avenues include introducing parking fees and pet rent.Six units are already renovated with low-maintenance LVP flooring, updated kitchen cabinets, new countertops, upgraded fixtures, and modern bathrooms. Over $200k in recent capital improvements completed, including a new roof, upgraded electrical panels, and fresh exterior paint—leaving just two units to finish for full value-add execution.Unbeatable location on Linden Ave, 1 block off Fremont Ave’s top dining and nightlife, the Burke-Gilman Trail, and Gas Works Park. Walk Score 82 | Bike Score 80. Easy access to Aurora Ave & downtown Seattle. Outstanding cash flow potential in a high-demand submarket!

4400 Linden Ave N, Seattle

Listing courtesy of Real Broker LLC.

$1,650,000
2576773 MLS ⋅ ACTIVE Status
Exceptional investment opportunity on the western slope of Queen Anne. This well-maintained mid-century five-plex offers strong income, consistently low vacancy, and compelling long-term potential. The building and all five units are in great condition and each unit has its own dedicated storage unit in the basement. An attractive cap rate provides solid returns today with potential to further maximize income over time. The location provides quick access to Interbay, Ballard, Fremont, Magnolia, Downtown Seattle, and Highway 99, making it highly desirable for tenants seeking convenience and connectivity. Residents also enjoy easy access to Queen Anne's vibrant restaurants, cafés, shopping, parks, and major employment centers. A dependable, income-producing asset in one of Seattle's premier neighborhoods, with the potential to benefit from continued appreciation and future value-add. Pre-listing inspection report available upon request.

2822 14th Avenue W, Seattle

Listing courtesy of Coldwell Banker Danforth.

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