King Homes with 42 - Multi-Family Style

King Homes with 42 - Multi-Family Style

Welcome to King County, Washington, a vibrant and diverse region that perfectly blends urban excitement with natural beauty. Nestled in the heart of the Pacific Northwest, King County is home to the bustling city of Seattle, renowned for its iconic Space Needle, thriving tech scene, and rich cultural offerings. With stunning views of the Cascade and Olympic mountain ranges, residents enjoy a unique lifestyle that embraces outdoor recreation, arts, and dining.

For those looking to invest in real estate, King County offers an array of housing options, particularly in the multi-family sector. Multi-family homes in this region are an excellent choice for both first-time buyers and seasoned investors. These properties not only provide a steady stream of rental income but also foster a sense of community among residents. With the county's population continuing to grow, the demand for multi-family housing has never been higher.

Imagine owning a charming multi-family home nestled in a vibrant neighborhood, where residents can enjoy proximity to parks, restaurants, and public transportation. King County's strategic location ensures that you are just a short commute away from the dynamic city life of Seattle, while also offering the tranquility of suburban living.

Investing in multi-family homes in King County is not just about real estate; it’s about becoming a part of a thriving community. Whether you’re looking for a property to live in or a lucrative investment opportunity, King County’s multi-family homes provide a perfect blend of comfort, convenience, and potential. Discover your dream property today!

Newest King Homes with 42 - Multi-Family Style

$975,000
2550852 MLS ⋅ ACTIVE Status
A good location in a popular Ballard neighborhood, this is a flat corner lot with many possibilities to build. NC255' (Neighborhood Commercial) zoning, 50 X 100 lot allows for mixed use, multi family or commercial. On the corner of 11th Ave NW and NW Market Street with good frontage, visibility and easy access. In an area of growth with newer developments happening nearby. This was planned and partially permitted for a four story 45 unit building, but plans changed. A good opportunity for development to build, lease and keep/resell, or owner user to build and operate a business. A good value for the area.

1103 NW Market Street, Seattle

Listing courtesy of Windermere Real Estate Co..

$6,000,000
2555135 MLS ⋅ ACTIVE Status
Rare 1.77-Acre Riverfront Development Opportunity in Downtown Bothell. This exceptional 1.77-acre vacant parcel is one of the largest — if not the largest — remaining pieces of undeveloped land along the Sammamish River in the heart of downtown Bothell. Perfectly situated right off Highways 405 and 522, the property offers immediate access and high visibility while being just steps from the University of Washington Bothell campus and within 0.5 miles of Bothell City Hall. Its prime location makes it ideal for a variety of residential or mixed-use developments. The site is already entitled for a 32-unit townhome project consisting of four buildings. The thoughtfully designed units range from spacious 2-bedroom, 2-bath to 3-bedroom, 3-bath residences (1,271–1,901 sq ft). Building permits are pending with the City of Bothell, allowing a qualified buyer to move quickly toward construction.

10235 Woodinville Drive, Bothell

Listing courtesy of Groundhog Land Company.

$600,000
2546656 MLS ⋅ ACTIVE Status
ATTENTION!!! INVESTORS, BUILDERS & DEVELOPERS. Shovel-ready corner lot in Kent's Downtown Commercial Enterprise zone, ideally located on James street, next to Showare Center and across from Kent Station. Surrounded by restaurants, grocery stores, retail, with a bus stop next to the property and easy freeway access. Approved for a 4-story mixed-use building: 2 Commercial units on the ground floor and 6 apartments on the floors 2-4, plus a rooftop deck. Total net buildable area is 5683 SF. all engineering and architectural plans - including site, civil, structural, and utilities-are approved and stamped by the City of Kent. Approved plans are included in the list price. Permit is ready-just start building. Old house has been demolished and removed.

525 W James Street, Kent

Listing courtesy of Skyline Properties, Inc..

$4,950,000
2549382 MLS ⋅ ACTIVE Status
Prime development land in Seattle's University District — one block from UW's central campus, steps from U District Link light rail, and flanked by the retail corridor along University Way and 15th Ave NE. Three contiguous parcels totaling 12,960 SF, zoned NC2-75(M) and NC2-65(M1), supporting multifamily, student housing, and ground-floor commercial with mixed-use FAR up to 6.0. Sites of this size and zoning quality adjacent to UW rarely come to market. Priced at $4,950,000 — well below King County assessed value — offering immediate equity and full development flexibility. An exceptional opportunity for developers and investors seeking premium entitled land with the greatest investment value in Seattle's most supply-constrained university submarket.

4722 - 4730 15th Avenue NE, Seattle

Listing courtesy of Best Choice Realty LLC.

$1,150,000
2549317 MLS ⋅ ACTIVE Status
Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Purchase price includes the price of the permits.

118 27th Avenue S, Seattle

Listing courtesy of Keller Williams Realty Bothell.

$1,750,000
2545212 MLS ⋅ ACTIVE Status
For Sale: Prime Development Opportunity! This SeaTac site was previously approved for 26 townhouses, and the seller will provide all prior permits and documentation. Located in a key hub of the Puget Sound economy, SeaTac is home to Washington’s largest international airport and is perfectly positioned between Seattle and Tacoma – the state's top commercial hubs. Just a 12-minute walk or 4-minute drive to the Tukwila Light Rail Station, offering quick, affordable access for commuters to both cities. This is your chance to develop in a high-demand, centrally-located area!

2857 S 152nd Street, SeaTac

Listing courtesy of Dulay Homes LLC.

$1,395,000
2536185 MLS ⋅ ACTIVE Status
Great location!!! Rare opportunity to build NEW Townhomes/Condos. Multi-Family Zoned for Townhomes/Condos highest & best use with 40’ foot height restriction. Per City of Bellevue a possibility to build more than 2 units, buyer to do their own due diligence with the City of Bellevue. Existing duplex is occupied and tenants are MTM. Do NOT disturb tenants. Level property. Gas, electric, water & sewer already connected on property for 2 units in essence saving $$$$$ in connect fees. Stable soil. Property sits in Cul-De-Sac, quiet dead end street. Close to schools, Bellevue College, shopping, I-90, I-405, downtown Bellevue and light rail. Selling in “As Is” condition and seller will do no repairs.

910 142nd Avenue SE, Bellevue

Listing courtesy of Skyline Properties, Inc..

$2,150,000
2535325 MLS ⋅ ACTIVE Status
Exceptional Newcastle development opportunity offering 27,635 square feet of prime land just minutes from Bellevue, Coal Creek, and the Eastside. Development sites of this scale and location are increasingly difficult to find, this property offers a unique chance to create much-needed housing in one of the Puget Sound region's strongest real estate markets. The current owner has completed extensive preliminary planning, including a detailed site plan and feasibility study featuring 27 townhome residences averaging approximately 1,680 square feet each, situated above a structured parking garage with 33 parking stalls and complemented by a 4,500-square-foot retail/commercial space. The proposed mixed-use concept creates the potential for a vibrant live-work environment while maximizing the site's development potential. Flexible zoning provides the opportunity to pursue a flexible vision and permitting strategy, whether advancing the existing concept or exploring alternative development scenarios. Surrounded by strong demographics, excellent schools, major employers, shopping, dining, parks, and convenient access to Bellevue, Seattle, and regional transportation corridors, the location offers compelling fundamentals for long-term success. Property shares the same address as the Newcastle Library. The parcel being offered for sale is located behind the library.

12901 Newcastle Way, Newcastle

Listing courtesy of Berkshire Hathaway HS NW.

$999,999
2532708 MLS ⋅ ACTIVE Status
Property is sold as is, currently zoned as Multi-family, presently can be used as recreational only prior to clearance from WDNR, however the Lakehills Driving on I90, take Exit 11 to 148th Ave SE . Follow to 148th Avenue NE & NE 6th Street. Take a Right on NE 6th and entrance is city of Bellevue does list the property as buildable with utilities at the property line (Water & Power). No Feasability assessments have been done or will be done by the seller, caveat emptor buyer will be responsible for ALL Assessments.

539 148th Street NE, Bellevue

Listing courtesy of William E. Johnson.

$1,400,000
2530638 MLS ⋅ ACTIVE Status
Prime corner lot development opportunity in Seattle's Central District — one of the city's most historically significant and rapidly transforming urban neighborhoods. This 3,600 SF corner parcel is zoned LR2(M), unlocking increased height and density potential beyond standard LR2. The Mandatory Housing Affordability designation allows for up to 40-foot building height and 1.6 FAR — meaning up to approximately 5,760 buildable square feet — in exchange for an affordable housing contribution or on-site inclusion requirement. Corner positioning offers flexible site design, enhanced visibility, and superior development potential compared to mid-block parcels. Rear alley access provides additional utility for parking, services, and building ingress. New multifamily development is evident throughout the immediate surrounding blocks, reflecting the neighborhood's ongoing transformation. Located within walking distance of Swedish Hospital Cherry Hill, Seattle University (0.6 miles), and Garfield High School. Minutes to Capitol Hill, First Hill, and downtown Seattle with convenient I-5 access and robust Metro transit connectivity — all key demand drivers for future tenants. Buyer to verify all zoning, permitting, and development feasibility with the City of Seattle SDCI

601 21st Avenue, Seattle

Listing courtesy of Asay Realty.

$1,600,000
2529045 MLS ⋅ ACTIVE Status
Development opportunity in the Cental Disteict Zoned NC1-40 (M1). This prominent corner lot at 22nd Ave & E Cherry offers strong potential for a mixed use development in one of the city’s most dynamic urban neighborhoods. Ideally positioned just minutes from downtown Seattle, Capitol Hill, and Madison Valley.The property benefits from excellent walkability, transit access, and proximity to key neighborhood amenities. Nearby destinations include Garfield High School, Chuck’s Hop Shop, and the Northwest African American Museum. Tenant is tiny homes - Low Income Housing Institue of Seattle and the lease expires on Dec, 31 2026

612 22nd Avenue, Seattle

Listing courtesy of RE/MAX Northwest.

$875,000
2526266 MLS ⋅ ACTIVE Status
Prime Development Opportunity – LR1 (M) Zoning | Value in Land Attention builders, investors, and developers—exceptional opportunity in West Seattle! This ~7,650 sq ft lot is zoned LR1 (M), offering strong potential for townhouse-style development or multiple-unit construction (buyer to verify). The existing structure is a complete teardown and is being sold strictly as-is. The true value is in the land and the favorable zoning, making this an ideal site for your next project. Located in a desirable and rapidly evolving area, the property is surrounded by residential growth and new construction. Convenient access to major commuter routes, local amenities, and West Seattle hotspots enhances long-term value and marketability. Whether you’re looking to develop now or hold as a strategic investment, this is a rare opportunity to capitalize on LR1 zoning in a high-demand Seattle location. Bring your plans and vision—opportunities like this are becoming increasingly scarce!

2816 SW Dakota Street, Seattle

Listing courtesy of HomeSmart Real Estate Assoc.

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