Moving to Seattle, wanting to purchase multi-family

[Dave Madoch]

My wife and I will be moving to seattle area in april or may this year. Looking at the current market prices I would really like to buy a duplex or 3 flat to house hack. I have lived in Ballard before and really liked it. I have no desire to live directly downtown. What other areas are good to look in for a potential multi family househack?

We also have thrown around the idea of buying landing and building something. Does anyone know a ballpark construction cost per unit in a more suburban area similar to Snohomish.

Thank you 

[Sherief Elbassuoni]

@Dave Madoch, welcome to the Seattle area. The small multi-family in Seattle and King county is pretty competitive. Another option may be to go with something that has ADU potential (like finished basement). Seattle also allows having ADU & DADU.

Construction cost will vary a lot based on location, do you have water/sewer on street or not, finishes, ....