University District Homes with 54 - 4-Plex Style

Welcome to the vibrant University District, a lively neighborhood nestled in the heart of Seattle, Washington. Renowned for its eclectic blend of culture, education, and community, the University District is home to the University of Washington, one of the nation’s leading research institutions. This dynamic atmosphere attracts a diverse mix of residents, from students and faculty to families and young professionals, creating a unique tapestry of life that thrives on innovation and inclusivity.

The University District boasts an array of amenities that cater to every lifestyle. With a bustling shopping district, you’ll find everything from local boutiques to popular cafes, perfect for a leisurely afternoon or a quick study break. The neighborhood is also rich in green spaces, with the beautiful Ravenna Park and the iconic Washington Park Arboretum offering serene escapes from the urban hustle.

When it comes to housing, the University District presents a fantastic opportunity with its 54 - 4-Plex style homes. These multi-family residences are ideal for those looking to invest in a property that combines both comfort and convenience. Each unit typically features modern amenities, spacious layouts, and the potential for rental income, making them an attractive option for investors and homeowners alike.

Living in the University District means being at the center of Seattle's cultural pulse, with easy access to public transportation, vibrant nightlife, and a plethora of dining options. Whether you’re drawn to the academic energy or the community spirit, the University District offers a unique place to call home. Discover the possibilities today!

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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