Downtown Homes with 54 - 4-Plex Style

Downtown Homes with 54 - 4-Plex Style

Welcome to Downtown, a vibrant and dynamic neighborhood in the heart of Washington State. Known for its eclectic mix of culture, commerce, and community, Downtown is a place where urban living meets the charm of small-town warmth. With its tree-lined streets, historic architecture, and an array of amenities, this area is ideal for those seeking a lively lifestyle.

One of the standout features of Downtown is its diverse housing options, particularly the unique 4-plex style homes. These multi-family residences offer the perfect blend of comfort and community, making them an excellent choice for families, young professionals, and investors alike. Each unit within these 4-plex homes provides ample living space, modern amenities, and the opportunity to foster connections with neighbors. Imagine enjoying your morning coffee on a shared porch or hosting a weekend barbecue in the backyard—these homes truly embody the spirit of community living.

Living in Downtown means you are just steps away from a plethora of dining, shopping, and entertainment options. Explore trendy boutiques, indulge in gourmet restaurants, or unwind in one of the many parks scattered throughout the neighborhood. The vibrant arts scene, featuring galleries and theaters, adds a cultural flair that enriches the community.

With its convenient location, stunning homes, and a welcoming atmosphere, Downtown is not just a place to live—it's a lifestyle. Whether you’re looking to invest or find your dream home, the 4-plex style residences in this charming neighborhood offer a unique opportunity to be part of something special. Come discover the magic of Downtown and make it your home today!

Newest Downtown Homes with 54 - 4-Plex Style

321 S Third Street, Shelton
$550,000
2596172 MLS ⋅ ACTIVE Status
Strong rental income today, exciting potential for tomorrow! This centrally located Shelton fourplex is a great investment opportunity or an ideal house hack—live in one unit and let rent from the others help cover your mortgage payment. Each well-kept unit features 2 bedrooms and 1 bath, with one currently vacant, creating an opportunity for owner-occupied financing. Great long-term tenants occupy the other three units, and vacancies have historically been easy to fill. Renovated just a few years ago with a new roof, windows, and siding, the building also generates washer and dryer income. Nearly 3,000 square feet of unused storage space offers exceptional potential for added revenue, and a property management company is available for ongoing management. Established income, major updates, and room to build value!

321 S Third Street, Shelton

Listing Broker: COMPASS; Zachary Lazo; 206-250-8017; zack.lazo@compass.com

621 Houser Way S, Renton
$1,220,000
2484138 MLS ⋅ ACTIVE Status
Extensively renovated fourplex on a spacious 8,250-sq-ft corner lot in the heart of downtown Renton. The 2,930-sq-ft building offers two 2-bedroom/1-bath units and two 1-bedroom/1-bath units—an excellent setup for an investor or an owner-occupant seeking rental income. Major improvements include a new roof and gutters, plumbing and electrical updates, a tankless hot-water system, new attic and crawl-space insulation, and updated kitchens, bathrooms, flooring, and appliances. The property also features a garage, storage lockers, and parking for up to five vehicles; and plenty of additional parking. Currently operated as an short-term rental for little over two years with first year gross rental revenue of $136,950 and second year gross rental of $140,032. The current cap rate is 6.8%. Financial records are available upon request, with additional income-growth potential. With a Walk Score of 97, the property is close to downtown restaurants, shopping, transit, The Landing, Renton Municipal Airport, Boeing, Valley Medical Center, the Seahawks Training Facility, and Alaska Airlines’ training center. Convenient access to I-405 and I-5, with SeaTac Airport, Seattle, and Bellevue all within easy reach.

621 Houser Way S, Renton

Listing Broker: Best Choice Realty LLC; Craig Ruden; 425-830-1438; craigruden@hotmail.com

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