Eastlake Homes with 56 - 10+ Units Style

Welcome to Eastlake, one of Seattle's most charming and vibrant neighborhoods! Nestled along the shores of Lake Union, Eastlake offers a unique blend of picturesque waterfront views, lush greenery, and a lively community atmosphere. Known for its eclectic mix of homes, Eastlake boasts a variety of architectural styles, from classic craftsman bungalows to modern townhomes, making it an ideal location for anyone seeking a diverse living experience.

One of the standout features of Eastlake is its stunning waterfront access. Residents can enjoy leisurely strolls along the lake, take advantage of nearby parks, or indulge in a variety of water activities, including kayaking and paddleboarding. The neighborhood is also home to a selection of trendy cafes, restaurants, and local shops, ensuring that there's always something new to explore.

For those interested in multi-family living, Eastlake presents an exciting opportunity with homes featuring 56 to 10+ units. These properties cater to a range of lifestyles, whether you're looking for an investment opportunity or a spacious residence for a growing family. With the bustling energy of downtown Seattle just a short drive away, Eastlake provides the perfect balance of urban convenience and serene lakeside living.

The community is known for its friendly atmosphere and strong sense of belonging, making it a wonderful place to call home. Whether you're enjoying a weekend brunch at a local eatery or attending community events, Eastlake offers a lifestyle that celebrates both relaxation and connection. Come discover the charm of Eastlake and find your perfect home in this vibrant Seattle neighborhood!

Newest Eastlake Homes with 56 - 10+ Units Style

$3,095,000

2518111 MLS ⋅ ACTIVE Status

The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).

2318 Yale Avenue E, Seattle

Listing courtesy of Paragon Real Estate Advisors.

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