Multifamily Investing

Considering your first multifamily investment in Seattle?

There’s a lot to think about — financing, property condition, rental income potential — but one factor that’s often overlooked? Zoning.

Zoning doesn’t just dictate what’s allowed on a property — it can reveal hidden upside. The ability to add a unit, convert a garage, or plan for future redevelopment can significantly impact long-term value.

Here’s a quick intro to three common Seattle zoning types:

🔹 LR (Lowrise): Great for small multifamily like triplexes or townhomes. Know your height and density limits — they shape what you can build or expand.

🔹 NC (Neighborhood Commercial): Think mixed-use. Live upstairs, lease downstairs. These zones can generate income across multiple asset types.

🔹 SF (Single-Family): More restrictive, but with updated ADU/DADU rules, you might still squeeze out extra units.

Whether you're house-hacking or thinking bigger, understanding what’s possible on a site can help you make smarter investment decisions.

Need a second set of eyes on a deal? Always happy to help.