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 energy and youthful spirit, the University District is a hub of culture, education, and community, making it an ideal place to call home.

Home to the prestigious University of Washington, the area boasts a rich tapestry of diversity, with students, professionals, and families all contributing to its lively atmosphere. Stroll through tree-lined streets filled with charming cafes, boutique shops, and an array of dining options that cater to every palate. The iconic University Village offers a blend of shopping and entertainment, while the nearby Burke-Gilman Trail invites outdoor enthusiasts to enjoy biking, jogging, or leisurely walks along the scenic waterfront.

For those seeking a unique living experience, the University District features an array of homes, including the increasingly popular 4-plex style residences. These multi-family homes not only provide an opportunity for potential rental income but also foster a sense of community among neighbors. With their spacious layouts and modern amenities, 4-plex homes are perfect for those looking to balance the hustle of urban life with the comforts of home.

Whether you're a student, a young professional, or a family looking for a vibrant community, the University District offers a unique blend of convenience and charm. With its proximity to public transportation, parks, and cultural landmarks, this neighborhood is a true gem in the Seattle real estate market. Discover your new home in the University District today, where life is always just a little more exciting!

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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