Seattle Multifamily for Sale - Capitol Hill/Central Dist

Leschi Flats presents a rare opportunity to acquire a fully turnkey, boutique multifamily asset in one of Seattle’s most desirable in-city neighborhoods. Nestled in the unique Leschi community, the property enjoys picturesque views of Lake Washington while offering residents convenient access to nearby parks, dining, and major employment centers. Originally constructed in 1929, Leschi Flats consists of two side-by-side fourplex buildings – each situated on its own separate parcel – that showcase a charming vintage aesthetic, thoughtfully preserved and enhanced by a comprehensive 2012 remodel. This extensive renovation included all new plumbing and electrical systems, along with fully updated kitchens, baths, and living spaces, delivering modern comfort while maintaining classic character. The units are further enhanced with in-unit laundry and dishwashers, offering residents a highly desirable level of convenience. Additional property features include high-quality finishes such as Andersen Fibrex windows in most units, fire sprinklers throughout, and secured entry with both front and back access for each residence. The unit mix is comprised of eight spacious apartments – four one-bedroom and four two-bedroom units – all designed as corner units with high ceilings and abundant natural light. Residents enjoy a sense of privacy and openness rarely found in assets of this vintage. In addition to its exceptional condition, Leschi Flats offers numerous operational efficiencies and income-enhancing features. Each unit is individually metered for water with dedicated shutoffs already in place, providing a clear path to implementing a utility bill-back system. Significant upside also exists through raising rents and increasing parking and storage fees. The property offers ample parking with nine total spaces, including eight alley-accessed off-street stalls and a large garage with an electric door. Additional amenities include a beautifully landscaped backyard with a barbecue area and tranquil Zen Garden, as well as a generous owner’s office and storage space. Importantly, the property’s LR1 (M) zoning and expansive 14,711-SF lot size present a compelling land bank opportunity for future development. In addition, the two fourplexes sit on individual parcels and can be financed separately with residential financing, further enhancing the long-term investment appeal. With its combination of irreplaceable location, strong in-place fundamentals, and clear value-add and redevelopment potential, Leschi Flats represents an exceptional investment opportunity in Seattle’s highly desirable Leschi neighborhood.

Property Subtype:

Apartment

Date on Market:

2026-04-14

Seattle Multifamily for Sale - S Seattle

This well-located fourplex presents a compelling opportunity to acquire a turnkey multifamily asset in Seattle’s highly desirable Central District. The property benefits from an outstanding urban setting with a Walker’s Paradise walk score of 94, placing residents within easy reach of Downtown Seattle, major hospitals, neighborhood restaurants and shops, and convenient transit options. Constructed in 1988 and with a full-gut renovation in 2001, the building features modern systems, updated siding, and upgraded exterior stairs. The property offers an attractive and efficient unit mix consisting of three one-bedroom units and one two-bedroom unit, appealing to a wide range of renters seeking quality housing in a central location. The upper units each have two operable skylights and views of Downtown Seattle, the Olympics, and the Stadium. Each unit has been fully renovated with contemporary finishes, including updated kitchens and bathrooms, and the convenience of in-unit laundry. Three of the four units also offer dishwashers. Each unit has its own private patio, providing desirable outdoor space rarely found in similar properties. Additional amenities include four off-street parking spaces, further enhancing tenant appeal in this walkable neighborhood. Notably, the property has demonstrated success as a short-term rental, with one of the one-bedroom units currently furnished and achieving stable income diversification. This presents a proven model for additional income generation across other units, while also offering flexibility for a future owner to pursue a mix of short-term and long-term rental strategies. With strong in-place operations, additional upside through the implementation of utility bill-backs, and a proven alternative short-term rental income strategy, the property offers investors both stability and future income growth potential in one of Seattle’s most sought-after neighborhoods.

Property Subtype:

Apartment

Date on Market:

2026-04-06

Seattle Multifamily for Sale - Queen Anne/Magnolia

The Lee & Associates Northwest Multifamily Team is pleased to present the Ella Robert, a 23-unit apartment community located on the south slope of the highly desirable Queen Anne neighborhood, considered by many to be the heart center of Seattle. Originally constructed in 1928, the building blends timeless architectural character with thoughtful modernization, offering residents a refined living experience that pairs charm with today’s most desired amenities. Ella Robert is a classic brick veneer, wood-frame building with extensive system upgrades valued over $1.1M including updated electrical and plumbing systems and a roof replacement completed in 2020, reinforcing long-term durability while limiting near-term capital exposure. The property also offers 14 secure garage parking stalls with sprinklers. Select units enjoy views of the Seattle skyline, Space Needle, Mount Rainier, and Elliott Bay, enhancing resident appeal and overall rentability. Ownership has demonstrated exceptional pride of stewardship, investing in capital improvements over the past 25 years. 17 of the 23 units have been remodeled, with 18 units featuring in-unit laundry. Renovated units include modernized kitchens and bathrooms, updated systems, refinished hardwood floors, and improved layouts. There is a rare penthouse unit which can be used as a pied-à-terre and Airbnb unit. The remaining classic units provide a clear runway for continued rent growth and value creation. Complementing the interior upgrades is a private, terraced courtyard with a patio, turf and garden areas offering a desirable outdoor space, a rare feature in this urban core location. With below-market rents, operational flexibility including a potential short-term rental component, and close proximity to Climate Pledge Arena and Seattle Center, the Ella Robert represents a compelling opportunity and a rare chance to steward a legacy asset in a trophy Seattle location. Trophy property on the south slope of Queen Anne with views of Downtown | Most sought after “Walker’s Paradise” location steps from Climate Pledge Arena and Seattle Center, with select units offering Space Needle and Mount Rainier views and peekaboo Elliott Bay water views. Modernized Vintage Character | Originally built in 1928 and thoughtfully upgraded with a 2020 roof replacement, updated plumbing, and a well-maintained elevator, blending charm with long-term durability. Demonstrated Pride of Ownership | Over $1.1 million in capital improvements, with the majority of units renovated featuring in-unit laundry, a rare amenity for assets of this vintage. Equally rare, the building has a penthouse unit, currently rented, but in the past, was used as an Airbnb unit. This unit creates a unique combination of beautiful owners a pied-à-terre with income generation for the new owner. Rent Growth & Management Upside | In-place rents remain below market, with clear opportunity to enhance NOI through continued rent optimization and streamlined, more efficient expense management. Positioned on the coveted south slope of Queen Anne Hill, the property offers an exceptional urban lifestyle defined by walkability and convenience, supported by a Walk Score of 96, reflecting true “Walker’s Paradise” living. Proximity to transit lines and major regional corridors further enhances connectivity, making The Ella Robert ideally situated for long-term renter demand in one of Seattle’s most sought-after neighborhoods. Strategically located on Valley Street, The Ella Robert sits at the intersection of Lower Queen Anne, Uptown, and South Lake Union, placing residents within immediate reach of Seattle’s most prominent cultural, entertainment, and employment centers. Seattle Center, Climate Pledge Arena, the Space Needle, and a vibrant mix of retail, dining, and nightlife options are all within walking distance, with major employers including Amazon, Expedia, and the Gates Foundation nearby.

Property Subtype:

Apartment

Date on Market:

2026-02-25

Seattle Land for Sale - Queen Anne/Magnolia

It is located right in the heart of Seattle, just a short distance from the city center, offering both convenience and vibrancy. It boasts stunning views and a prime location with easy access to all amenities. A Light Rail is going to build in front of it which will bring more value to the property, so it will be walkable to few high-tech companies.

Property Subtype:

Commercial

Date on Market:

2026-01-25

Seattle Retail for Sale - Renton/Tukwila

CBRE is pleased to present the 2,428-square-foot 7-Eleven situated on 0.47 acres in Seattle, Washington (MSA Population: 4.19M+). 7-Eleven's absolute NNN lease features ±9.9 years of primary term remaining with a 10% rent increase in 2031 and five, 5-year renewal options. Rent increases by 7.5% in the first three options and is set to FMRV in the fourth and fifth options. .

Property Subtype:

Service Station

Date on Market:

2026-01-05

Seattle Office for Sale - Belltown/Denny Regrade

This 36,271-square-foot property features four floors of commercial office space with an average floor plate of approximately 6,018 square feet, offering exceptional flexibility for owner-user operations in a prime urban location. The building includes a significant parking component with 36 secured stalls across two levels, providing a rare and valuable amenity that enhances operational efficiency and employee convenience in this dense market area. Originally constructed in 1970 and renovated in 2008, the property presents an excellent opportunity for ownership and occupancy, allowing businesses to build equity while controlling their real estate destiny in the heart of Seattle's thriving Belltown district. Virtual tours of each floor available.

Date on Market:

2025-10-29

Seattle Industrial for Sale - Capitol Hill/Central Dist

1420 Broadway Ave presents an excellent opportunity for an owner-user to acquire a well-located and versatile industrial building in the heart of Capitol Hill. Totaling 10,680 SF on a 7,680 SF lot, the property includes ample shop and warehouse space, formerly operated as a glass repair facility, and is well-suited for light manufacturing, automotive services, or general trade use. The layout offers a functional environment for small to mid-sized businesses, while the upper-level apartment provides flexibility for owner-occupancy, employee housing, or additional income. Zoned NC3P-75 (M), the property also offers long-term upside through redevelopment potential, should business needs evolve over time. With easy access to the Capitol Hill light rail station, First Hill streetcar, and nearby institutions such as Seattle University, QFC, and regional hospitals, this location supports both business visibility and convenience.

Property Subtype:

Warehouse

Date on Market:

2025-04-07

Seattle Multifamily for Sale - Belltown/Denny Regrade

Property Subtype:

Apartment

Date on Market:

2026-03-13

Seattle Multifamily for Sale - S Seattle

Originally built in 1968, the property has an excellent occupancy history having been fully remodeled throughout. All three units are large 2-bedroom, 1.75-bath units (approximately 1,030 SF each), giving new ownership the opportunity to acquire a stabilized asset with modern finishes in a strong rental location. Each unit is outfitted with new countertops, hardwood-style flooring, updated cabinetry, new fixtures, stainless steel appliances, and full-size washer/dryers. Residents enjoy private decks, storage options, and the convenience of four off-street parking spaces—amenities that help ensure strong tenant demand and long-term retention. With an attractive in-place CAP rate of 5.22% and no immediate renovation needs, the West Seattle Triplex offers investors durable cash flow from day one in a centrally located neighborhood with continued growth potential. Residents enjoy convenient access to major public transportation lines, providing connectivity to Downtown Seattle and surrounding employment centers. West Seattle’s continued popularity and walkability will continue to support strong tenant demand and long-term rent growth.

Property Subtype:

Multi Family

Date on Market:

2026-03-09

Seattle Office for Sale - Capitol Hill/Central Dist

614 Boylston Avenue East is a prime commercial office property located in north Capitol Hill encompassing approximately 5,510 SF of recently updated/renovated office space, plus a separate standalone approximate 1,000 SF remodeled carriage house. Built in 1906 as a single-family residence and converted to office by previous owners, 614 Boylston offers class A office space over 3 floors plus a usable basement and standalone carriage house structure in back of the main structure that is now office space as well. On-site parking of 8-10 stalls plus abundant street parking with convenience to mass transit and a walk score of 95 make this a terrific location for an owner/user type buyer. Desk space for 20-25 people can be accommodated in the main structure over the 3 floors and basement, plus space for another 4-6 desks is available in the carriage house. Conference space, kitchen, and small break-out spaces are also found in the buildings. In addition, the 6,927 SF lot (per King County records) is zoned LR3 (M) with an Urban Village Overlay, making for a solid long-term investment opportunity for an initial owner/user type buyer that can occupy the premises for many years with a possible future redevelopment of the site possible.

Date on Market:

2026-02-13

Seattle Land for Sale - Capitol Hill/Central Dist

A rare high-rise development site in the heart of First Hill. The 10,800 SF lot is zoned High Rise (HR) with an approved MUP for a 8-story, 96-unit multi-family building, including 10 auto stalls and 102 bicycle spaces. With a Walk Score of 98 (“Walker’s Paradise”) and Transit Score of 100 (“Rider’s Paradise”), the location offers unmatched connectivity and urban convenience. Located in First Hill, steps from major hospitals, Seattle University, and downtown’s 340,000+ jobs across tech, finance, retail, and professional services jobs. Excellent transit with buses, the First Hill Streetcar, and future Link Light Rail. One of the last infill opportunities in Seattle’s core with strong walkability, transit, and job access.

Property Subtype:

Residential

Date on Market:

2023-03-13

Seattle Office for Sale - Capitol Hill/Central Dist

One of the few chances to own a top-floor, fully leased space in a premier Class A medical tower. On-Site Amenities includes dining options, pharmacy, and wellness services, enhancing tenant and patient convenience.

Property Subtype:

Medical

Date on Market:

2025-08-25

Seattle Retail for Sale - Ballard/U Dist

A rare opportunity to own a stabilized, cash-flowing asset in one of Seattle’s most sought-after neighborhoods. Located in the vibrant Greenwood district, this investment is within walking distance of bus routes and downtown Greenwood’s retail, dining, and entertainment scene. This mixed-use property features five ground-floor retail spaces and seven well-appointed apartments. The apartment floor plans include: 3 one-bedrooms, 2 studios, and 2 two-bedrooms. With on-site laundry and 21 dedicated parking spaces, this property offers convenience and appeal for both residents and businesses alike. With a strong cash flow and prime location, this turn-key asset delivers immediate income potential in a high-demand market. Additionally, the parcel is zoned NC2P55, the parking lot alone could support a residential development, buyer to verify.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-03-18

Seattle Land for Sale - Ballard/U Dist

Scarcity determines value! An exceptionally rare chance to acquire prime property & a fully designed top-level apartment project at University District, adjacent to the prestigious University of Washington. The Rhythm Apartments project, comprised of 3 neighboring parcels, has already secured the Master Use Permit (MUP) and is in the final stages of obtaining building permits. This meticulously planned project features a 7-story building with highly coveted commercial space on the 1st floor, while the 2nd to 7th floors house 127 units, totaling 45,926 square feet with an average unit size of 362 square feet. With optimal investment returns expected in a short timeframe, this project is adream opportunity for savvy investors. Additionally, the design includes underground parking space for added convenience. Just a block from the UW central campus, residents will enjoy easy access to shopping, entertainment, and restaurants in the bustling University District, further enhancing the appeal of this exceptional investment opportunity!

Property Subtype:

Commercial

Date on Market:

2024-05-24