Phinney Ridge Homes with 55 - 5-9 Units Style

Welcome to Phinney Ridge, a vibrant neighborhood nestled in the heart of Seattle, Washington. Known for its picturesque views, friendly community, and eclectic charm, Phinney Ridge offers a unique blend of urban convenience and suburban tranquility.

One of the standout features of this neighborhood is its stunning location, perched on a hill that provides breathtaking vistas of the Seattle skyline and the majestic Olympic Mountains. Residents enjoy easy access to nearby parks, including the popular Woodland Park and the serene Green Lake, perfect for outdoor enthusiasts and families alike. The area is also home to a thriving local business scene, with an array of quaint shops, cozy cafes, and delightful eateries that reflect the neighborhood’s artistic spirit.

Phinney Ridge boasts a diverse selection of homes, particularly those with 5-9 units, making it an attractive option for both investors and those seeking a sense of community. These multi-family residences are designed to accommodate a variety of lifestyles, from young professionals to families looking to plant their roots in this charming enclave. With well-maintained properties and a strong sense of neighborhood pride, living in a 5-9 unit home here means enjoying the best of both privacy and camaraderie.

The community is well-connected to Seattle’s extensive public transit system, making commuting a breeze. Whether you’re heading downtown for work or exploring the vibrant local culture, Phinney Ridge serves as a perfect home base. Experience the warmth of this welcoming neighborhood, where every street feels like home and every corner offers a new adventure.

Newest Phinney Ridge Homes with 55 - 5-9 Units Style

$1,975,000

2520299 MLS ⋅ ACTIVE Status

We are pleased to present Bella Marie, a fully occupied six-unit multifamily property with ground-floor retail located in Phinney Ridge, one of Seattle’s most desirable residential neighborhoods. The property consists of two buildings. The main building, constructed in 1950, houses three one-bedroom apartments, a two-story three-bedroom/two-bath penthouse residence with a private rooftop deck overlooking Green Lake, and ground-floor retail along Phinney Ave. A detached one-bedroom townhome, built in 2004, is positioned above three covered parking spaces, providing added privacy and a distinct rental experience. The main building has been fully rewired with newer electrical panels, and all windows have been updated to double-pane vinyl throughout. Offered at a 5.95% in-place capitalization rate with additional upside to market rents, the asset combines stabilized cash flow with an irreplaceable Phinney Ridge location — convenient to Downtown Seattle, South Lake Union, Fremont, and Green Lake, with strong neighborhood walkability and proximity to Woodland Park Zoo.

6512 Phinney Avenue N, Seattle

Listing courtesy of Northmarq Multifamily, LLC.

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