As of October 18th, 2014 there are currently three duplex listings in Seattle for under $250,000:
- 3306 Claremont Ave South; priced at $247,300
- 9624 Renton Ave South; priced at $245,000
- 11834 Military Rd South; priced at $180,000
A duplex is the simplest of multi-family properties. A duplex offers the advantage of being able to live in one of the units as an owner/occupant while renting out the others. In many cases a buyer can purchase a duplex in Seattle with very little or no down payment through an FHA or VA loan, as long as they intend to occupy one of the units. This is a great way to build wealth! These can be a great investment property, and there are always quite a few duplexes for sale in Seattle at any given time.
By Charles Burnett, Seattle Area Multi-Family Investment Property Specialist | Sound Realty Group