





Provided by NWMLS
Listing Office: Paragon Real Estate Advisors
Description
Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.
Location
Listed By
Listing Agent
Michael Urquhart
Paragon Real Estate Advisors
Co-Listing Agent
Ben Douglas
Paragon Real Estate Advisors
Similar Listings
Residential Income
$9,000,000
MLS# 2439882
ACTIVE
Listing Office: Keller Williams Rlty Bellevue

Residential Income
$8,250,000
MLS# 2456694
ACTIVE
Listing Office: Homes & Equity Real Estate Grp

Residential Income
$7,895,000
MLS# 2504730
ACTIVE
Listing Office: Windermere RE San Juan Islands

Residential Income
$7,500,000
MLS# 2495756
ACTIVE
Listing Office: Specialty Real Estate Group

Residential Income
$7,300,000
MLS# 2505434
ACTIVE
Listing Office: Northmarq Multifamily, LLC

No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.

The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © NWMLS.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Updated: 24th April, 2026 11:10 PM (UTC)
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. Updated: 24th April, 2026 11:10 PM (UTC)





















