Seattle, WA Multifamily Properties for Sale

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Updated: Aug 26, 2025

Greenwood Avenue North Apartments

11023 Greenwood Avenue North, Seattle, WA 98133

$2,495,000

7,953 sqft · 0.17 AC lot

Prime Seattle location with strong rental demand.
Above‑average unit sizes (884 SF average).
Value‑add potential.
Ample parking with 11 open stalls and 1 covered stall.
Secure entry and private storage lockers.

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This listing looks promising.

Here's a quick look at some key insights for

11023 Greenwood Avenue North, Seattle, WA 98133

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Est. Cap Rate

5.3%
NOI ÷ price
Est. NOI

$133K
Annual
Mortgage

$1.5M
Aug 2022
Property Type

Residential Income
Built 1974

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Updated: Jun 11

Perched Triplex with Private Parking

3438 14th Avenue W, Seattle, WA 98119

$1,250,000

0.14 AC lot

Triplex built in 1963 with standing metal roof and copper plumbing
All three units currently occupied; in‑unit laundry in each unit
Four parking stalls on a private dead‑end alley
6,000 SF lot with alley access; zoned LR1(M)
Fresh exterior paint plus decks with northwesterly exposure

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Waterfront 6-Unit Multifamily Asset

1788 Alki Avenue SW, Seattle, WA 98116

$2,975,000

7,200 sqft · 0.28 AC lot

Two-building waterfront income property with renovated units, in-unit laundry, and off-street parking on an LR2(M) zoned lot.

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Fully Leased Corner Retail and Apartments

11427-11429 Rainier Ave S, Seattle, WA 98178

$2,095,000

6,440 sqft

Corner building with four retail units and three apartments, fully renovated in 2020 and operating at 100% occupancy.

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Beacon Hill Development Opportunity

1306 S Bayview St, Seattle, WA

$1,295,000

2,810 sqft · 0.80 AC lot

Development site with income-producing duplex in North Beacon Hill.

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Eastlake Multifamily Investment Opportunity

2362 Franklin Ave E, Seattle, WA 98102

$3,350,000

7,458 sqft

Eight-unit apartment building in Seattle's Eastlake neighborhood.

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Eight-Unit Apartment Building

3510 W Elmore St, Seattle, WA 98199

$2,400,000

Well-kept 1968 community with one- and two-bedroom apartments near Discovery Park, offering RUBS, pet rent, and parking/bike income.

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Lower Queen Anne Apartments

310 Aloha St, Seattle, WA 98109

$2,500,000

5,646 sqft · 0.14 AC lot

Renovated 10-unit apartment building in Lower Queen Anne.

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Greenwood Mixed-Use Investment Opportunity

9716-9728 Greenwood Ave N, Seattle, WA

$1,250,000

8,113 sqft · 0.24 AC lot

Mixed-use property with commercial and residential units in Greenwood.

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Updated Triplex with In-Unit Laundry

1522 Taylor Avenue N, Seattle, WA 98109

$1,595,000

2,920 sqft

Turnkey updated triplex with in-unit laundry and dedicated parking, highlighted by recent roof, electrical, and unit upgrades.

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Well-Maintained Duplex in Central Greenwood

814 North 105th Street, Seattle, WA 98133

$890,000

5,000 sqft

Centrally located duplex with long-term tenants and development opportunities.

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Multifamily Apartment Building with Parking Garage

4731 12th Ave NE, Seattle, WA 98105

$6,500,000

23-unit apartment building with A/C in all units and a gated, secure 17-space parking garage.

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Midrise Mixed-Use Redevelopment Site

5222 -36 Delridge Way SW, Seattle, WA 98106

$3,500,000

8,682 sqft

Five-parcel assemblage with current apartment units and NC2P 55(M) zoning allowing up to five stories.

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Turnkey Quadplex with In-Unit Laundry

109 30TH, Seattle, WA 98122

$2,490,000

6,080 sqft · 0.34 AC lot

Turnkey two-parcel quadplex with updated systems, in-unit laundry, and secured entry for each residence.

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Capitol Hill Six-Plex For Sale

317 17th Ave E, Seattle, WA 98112

$1,699,950

4,680 sqft

Well-maintained six-plex in Capitol Hill with high occupancy rates.

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Recently Renovated 5-Unit Multifamily

554 Prospect Street, Seattle, WA 98109

$1,825,000

5,656 sqft

Purpose-built five-unit building with in-unit laundry and private storage, recently renovated through studs-out work.

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Seattle Multifamily Investment Opportunity

10625 22nd Pl S, Seattle, WA 98168

$3,995,000

12,130 sqft

Stabilized 18-unit multifamily property in South Seattle with strong income.

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Seattle Multifamily Investment Opportunity

4912 Evanston Ave N, Seattle, WA 98103

$1,900,000

5,000 sqft

9-unit apartment building near Woodland Park Zoo.

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Seattle Apartment Building for Sale

9233 Interlake Ave N, Seattle, WA 98103

$1,300,000

4,322 sqft

Well-maintained 1986 apartment complex in Seattle's Licton Springs.

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Remodeled Mixed-Use Corner Lot

108 108th St, Seattle, WA 98168

$2,997,000

6,000 sqft

Remodeled mixed-use building with apartments, office, and warehouse space.

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Northgate Triplex with Development Potential

11752 Burke Avenue N, Seattle, WA 98133

$1,100,000

0.22 AC lot

Turnkey triplex in Northgate with redevelopment possibilities.

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Seattle Multifamily and Retail Portfolio

2600-2634 Thorndyke Ave W, Seattle, WA

$8,325,000

25,724 sqft · 1.11 AC lot

Five-building assemblage with 41 residential units, 2 commercial spaces.

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Greenwood North Apartments Investment Opportunity

13322 Greenwood Ave N, Seattle, WA 98133

$5,770,000

Well-maintained Seattle apartments with strong occupancy and future development potential.

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Seattle Apartment Building For Sale

840 Nickerson St, Seattle, WA 98119

$2,795,000

6,921 sqft

11-unit apartment community in North Queen Anne submarket.

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Seattle, WA Multifamily Properties Market Trends and Statistics

Explore 173 multifamily properties for sale in Seattle, WA, showcased through 173 active listings on our real estate platform. These investment opportunities span a total of 931,316 square feet of properties for sale, with an estimated market value of $360,693,900.

Sale prices for multifamily properties in Seattle, WA start at $657,000, averaging $3,309,118, and reaching up to $13,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 1.02M

Population Growth (5Y) +5.3%

Median Household Income $117,466

College Educated 45.8%

High-Yield Neighborhoods for Investment

Identify Seattle submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
98146	$1.1M
98198	$1.7M
98199	$1.9M
98178	$2.1M
98117	$2.6M

Taxes & Financing

Tax Rate (average for all types) 0.84%

Property Tax per SF $5.91 per SF

Tax Rate vs County Average 0.07 pp above county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Seattle fall within the 10,000 to 25,000 square foot range.

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