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Multi-Family Properties in Seattle are divided into two categories: Residential and Commercial. Residential Income Property is defined as a multi-family home with up to four separate living units (duplex, triplex and 4-plex/quadraplex). These units may be within a single structure or as separate structures on the same lot. A Seattle multi-family property with five or more units is considered a Commercial Property. Living spaces may be stacked, built side-by-side, or separated by a firewall. Income Properties allow for profitable gain when renting out individual units as the property appreciates. Properties zoned both Residential and Commercial present an opportunity for investors to combine their home, business and rental spaces.

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SoundMultiFamily.com is your premier resource on the web to find Multi-Family Investment Properties in Seattle and the Greater Puget Sound Area. Here you can search all the Multiplexes currently available for sale in Seattle. Duplexes, Triplexes, Fourplexes, 5+ Unit Apartment Buildings, and more.

This website has the most comprehensive multi-family investment property search available. Visit the Advanced Search Page and have the option to search by Gross Annual Income, Gross Rent Multiplier, Cap. Rate, and more!

Want to do your own research? Be sure to check out these features:

  • Sold Listing Search search every multifamily property sale in the last 3 years. 
  • Custom Market Reports create a custom market report based on your criteria. 
  • To learn more about Income property terms & definitions, see "Income Property Terms and Calculations"

Most Multi-Family Income Properties for sale in Seattle are fully rented and are listed as "drive by only, subject to inspection". This is because the sellers do not wish to disturb the tenants for a home showing unless they have an acceptable offer in hand. While this would be considered unusual for a single-family home sale, it is the standard case for income properties.

  Offers Subject to Interior Viewing


When conducting an investment property search in Seattle and throughout the Puget Sound area, it is important to be aware of a property's classification. This is based on factors such as location and property condition (usually A, B, C, or D). For more info on this topic:

  Investment Property Classifications


Do you have a multi-family property you are interested in selling? We sell more multi-family properties than any other broker in the area (currently ranked #1 in King and Pierce Counties).

  Multi-Family Property Sales Page


Multi-Family Properties in Seattle are divided into two categories: Residential and Commercial. Residential Income Property is defined as a multi-family home with up to four separate living units (duplex, triplex and 4-plex/quadraplex). These units may be within a single structure or as separate structures on the same lot. A Seattle multi-family property with five or more units is considered a Commercial Property. Living spaces may be stacked, built side-by-side, or separated by a firewall. Income Properties allow for profitable gain when renting out individual units as the property appreciates. Properties zoned both Residential and Commercial present an opportunity for investors to combine their home, business and rental spaces.

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Resources

  • Multifamily Seller's Guide
  • Income Property Terms and Calculations
  • Offers Subject to Interior Viewing
  • Seattle Rental Registration Ordinance
  • ADU vs Legal Duplex: Definitions and Rules
  • Tenant Screening
  • Seattle Landlord/ Tenant Rights 
  • Tacoma Rental Housing Code
  • Washington State Landlord/ Tenant Laws
  • Section 8 Info
  • Rental Housing Association of WA
  • Home Repair Estimate Guide
  • 1031 Exchange Information
  • City of Seattle Building Permit Search
  • City of Seattle Project Map
  • King County Building Permit Search
  • City of Lakewood Building Permit Search
  • City of Tacoma Building Permit Search
  • City of Seattle Accessory Dwelling Unit Info
  • City of Seattle Property Record Search
  • City of Seattle Zoning Info
  • Real Estate Capital Gains Calculator
  • Valuation Tool (Beta)

Financing, 1-4 Unit Residential 

    • CrossCountry Mortgage, Melissa Medved

Financing, 5+ Unit Commercial 

  • American Commercial Mortgage Network, Al Williams
  • Bellevue Capital Group, Robert Meunier
  • Sound Credit Union Business Lending

 

Click Here to Create a Custom Report

 

 

 

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Keller Williams Realty Seattle Metro
5446 California Ave SW 
Seattle, WA 98136

206-926-3701

   

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