University District Homes with 54 - 4-Plex Style

Welcome to the vibrant University District, a dynamic neighborhood nestled in the heart of Seattle, Washington. Known for its youthful energy and eclectic charm, the University District is home to the prestigious University of Washington, which infuses the area with a lively atmosphere and a rich cultural tapestry. This eclectic community boasts a diverse array of shops, cafes, and restaurants, catering to a variety of tastes and preferences. Whether you're in the mood for a cozy coffee shop, a trendy bistro, or a night out at a local brewery, the University District has something for everyone.

One of the standout features of this neighborhood is its unique residential offerings, particularly the charming 4-plex homes that dot the landscape. These multi-family dwellings provide an excellent opportunity for both investors and those looking for a home that fosters community living. With their classic architecture and spacious layouts, 4-plex homes in the University District blend modern convenience with timeless appeal. Residents enjoy the benefits of shared living while still having their own private space, making it an ideal choice for students, young professionals, and families alike.

The University District is not just about its homes; it’s also about the lifestyle it offers. With close proximity to parks, art galleries, and cultural events, residents can immerse themselves in a vibrant community life. Plus, with easy access to public transportation, commuting to downtown Seattle or exploring the greater Seattle area is a breeze. Experience the perfect blend of academic energy and urban living in the University District—where your next home awaits!

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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