Greenwood Homes with 56 - 10+ Units Style

Welcome to Greenwood, a vibrant and welcoming neighborhood nestled in the heart of Seattle, Washington. Known for its eclectic blend of urban charm and suburban tranquility, Greenwood is a community that truly offers the best of both worlds. With its tree-lined streets, local boutiques, and a rich tapestry of dining options, residents enjoy a lively atmosphere that fosters connection and creativity.

Greenwood is particularly appealing for those interested in multifamily living, with a variety of homes ranging from 56 to 10+ units. This diverse housing landscape makes it an ideal choice for investors and families alike, providing ample opportunities for both rental income and community engagement. The architectural styles in the area reflect a mix of historic charm and modern sensibilities, ensuring that there’s something for everyone. From beautifully restored vintage buildings to contemporary designs, the homes in Greenwood cater to a range of tastes and lifestyles.

The neighborhood is also known for its strong sense of community, with frequent events such as the Greenwood Car Show and the annual Greenwood Seafair Parade, which bring residents together to celebrate local culture. Parks, coffee shops, and art galleries dot the area, offering endless opportunities for leisure and exploration. With its excellent schools and proximity to downtown Seattle, Greenwood is not just a place to live; it’s a place to thrive.

If you’re looking for a neighborhood that embodies the spirit of Seattle while providing a variety of housing options, Greenwood is the perfect destination. Come experience the charm and vibrancy that this community has to offer!

Newest Greenwood Homes with 56 - 10+ Units Style

$1,518,000

2554023 MLS ⋅ ACTIVE Status

Exceptional 13-unit investment and redevelopment opportunity on a 13,440 SF lot in prime and highly connected North Seattle location. The property includes two buildings with a desirable mix of studio, one- and two-bedroom residences, offering multiple investment strategies. Continue operating as an income-producing apartment community, increase returns through rent optimization and strategic improvements, or hold as a long-term development site. Current gross scheduled income is approximately $14,288 per month, with additional upside as several rents remain below market. Most units have been updated. NC3-55 zoning may offer potential for a future multifamily development of approximately 60–80 units; buyer to verify all development feasibility. Conveniently located near Northgate Light Rail, transit, shopping, dining, major employers and daily amenities, with an 87 Walk Score. A compelling combination of current income, value-add potential and long-term redevelopment opportunity.

10531 Aurora Avenue N, Seattle

Listing courtesy of Real Property Associates.

$2,525,000

2553931 MLS ⋅ ACTIVE Status

The Monterey Apartments feature elegant and timeless architecture that appeals to a broad spectrum of renters seeking character and warmth not found in typical new buildings. There are a total of 13 apartments with a balanced mix of spacious studios and one-bedrooms and a large (1,253 SF), recently renovated two-bedroom plus den floor plan. The units are inviting and comfortable, with tall ceilings, beautiful original hardwood floors, efficient floor plans, charming period details and great natural lighting. Units on the upper floor enjoy wonderful territorial views of Green Lake and Greenwood.

8008 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$5,500,000

2375807 MLS ⋅ ACTIVE Status

Acquire this stabilized high-performing asset in Greenwood—one of Seattle’s most desirable neighborhoods. Ideally located within walking distance of major bus routes and downtown Greenwood’s vibrant retail, dining, and entertainment scene, this mixed-use property features 5 ground-floor retail spaces fronting Greenwood Ave with excellent visibility and foot traffic. The residential portion includes 7 well-appointed apartments: 3 one-bedrooms, 2 studios, and 2 two-bedrooms, plus 21 dedicated parking spaces and on-site laundry. With strong cash flow and a prime location, this turnkey investment offers immediate income in a high-demand market. The parcel is zoned NC2P-55, allowing for future development potential—buyer to verify.

8214 Greenwood Avenue N, Seattle

Listing courtesy of COMPASS.

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