University District Homes with 54 - 4-Plex Style

Welcome to the University District, a vibrant neighborhood nestled in the heart of Seattle, Washington. Known for its eclectic blend of culture, education, and community spirit, the University District is a dynamic hub that attracts students, families, and professionals alike. Home to the prestigious University of Washington, this area is a haven for those who appreciate a lively atmosphere filled with art, dining, and outdoor activities.

The University District boasts a diverse array of homes, including charming 4-plex style residences that perfectly embody the neighborhood's unique character. These multi-family homes offer a fantastic opportunity for both investors and those seeking to immerse themselves in the local community. With their distinctive architecture, these properties often feature spacious layouts, ample natural light, and a welcoming ambiance that makes them ideal for families or groups of friends.

Living in the University District means you’re just steps away from an array of amenities. Explore the bustling University Village, where you’ll find an array of shops, cafes, and restaurants offering everything from artisanal coffee to international cuisine. Enjoy the lush greenery of nearby parks or take a leisurely stroll along the scenic waterfront. With a robust public transportation system, commuting to downtown Seattle or other neighborhoods is a breeze.

Whether you're looking for a cozy home or an investment opportunity, the University District's 4-plex style residences provide a perfect blend of comfort and convenience. Discover the charm of this vibrant community and make it your own today!

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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