Forest Avenue, Mercer Island Multi-Family Homes & Duplexes for Sale

Explore Similar Apartments Within 2 Miles of Forest Avenue, WA

/34
$750,000
- 4 Beds
- 2 Baths
- 1,670 Sq Ft
7414 Rainier Ave S, Seattle, WA 98118

Classic brick duplex in the heart of Brighton—ideal for investors or owner-occupants! Each side offers 2 beds, 1 bath, 835 sqft of finished space plus a spacious basement with laundry, plenty of storage, or a future rec room. Features include hardwood floors, large windows, roomy kitchens with eating nooks, and attached 1-car garages and driveway parking. LR3(M) zoning adds future development

Forrest Moody Redfin

7414 Rainier Ave S, Seattle, WA 98118
Explore Forest Avenue
/39
$949,950
- 7 Beds
- 4 Baths
- 2,690 Sq Ft
4825 S Graham St, Seattle, WA 98118

Non-conforming duplex w/subdivididable potential in highly sought-after Columbia City, tucked away on a quiet street, just 2 blocks from all the Rainier Ave restaurants, bars & stores, & a short drive to Seward Park! Ideal for investors or 1st-time buyers to live in one unit & rent the other. Upper floor: 4 beds, 2 full baths incl. master suite, LVP flooring, minisplit w/AC, & huge deck off

Zachary Niehaus Skyline Properties, Inc.

4825 S Graham St, Seattle, WA 98118
/11
$1,699,000
- 7 Beds
- 7 Baths
7410 Rainier Ave S, Seattle, WA 98118

Prime 7-Unit Investment Opportunity Just 15 Minutes from Downtown Seattle. Located in a high-demand area, this fully occupied 7-unit property offers strong cash flow and excellent rental history. Zoned LR3, the site allows for a variety of redevelopment options. The next door property—also zoned LR3—is also listed for sale, creating the potential for a larger-scale development. All units have

Elena Karpova Torre Realty

7410 Rainier Ave S, Seattle, WA 98118
/18
$1,799,000
- 6 Beds
- 4 Baths
- 2,200 Sq Ft
2821 Bellevue Way SE, Bellevue, WA 98004

Opportunity abounds in Enatai! Developer’s dream 1⁄2 acre lot with potential to subdivide across the street from the new South Bellevue Light Rail Station. Current home has been converted into a 6 bedroom, 4 bath triplex. Lower unit is 2 BD, 1 BA. Middle unit is 3 BD, 2 BA. Upper unit is 1 BD, 1 BA. Parking available for 6 cars. Tenants in place paying $4,260 per month at 75% occupancy. Potential

Tracy Treseder Windermere RE/Capitol Hill,Inc

2821 Bellevue Way SE, Bellevue, WA 98004
/12
$1,600,000
- 9 Beds
- 9 Baths
- 4,930 Sq Ft
7424 Rainier Ave S, Seattle, WA 98118

Separate tax ID's so can sell individually. Well located 3 units in rapidly improving area. Floor to ceiling windows throughout. Light filled great room with chef's kitchen, eating/breakfast bar. Comfortable, sensible, flexible floorplan. Primary bedroom on the third level offers a private retreat, rooftop deck plumbed for gas grill, features sweeping territorial views. Originally built as

Mike Fuchigami RE/MAX All City

7424 Rainier Ave S, Seattle, WA 98118

Washington King County Mercer Island Forest Avenue

Why Live in Forest Avenue

Forest Avenue in Mercer Island is a neighborhood characterized by its dense woodlands and winding roads, leading to an array of massive homes with waterfront views. The architecture here is eclectic, featuring contemporary, midcentury modern, traditional, Craftsman, and ranch-style homes. The area is notably safer than the national average, with a crime score significantly lower. Residents enjoy outdoor activities with a paved trail connecting to Homestead Field, which features tennis courts, baseball diamonds, and a forest-themed playground. Groveland Beach Park, a mile south, offers a fishing pier, swimming holes, and a volleyball court, while Forest Landing provides access to Lake Washington for kayaking and paddleboarding. Downtown Mercer Island, about 2 miles north, features modern buildings, fitness studios, and a diverse dining scene with restaurants like Homegrown and Pogacha Restaurant. For shopping, QFC and Metropolitan Market are available. Interstate 90 provides convenient access to Seattle, 7 miles northwest, and Bellevue, 6 miles east. Public transportation options include King County Metro and Sound Transit bus systems, with additional services at the Mercer Island Park & Ride. The Mercer Island School District serves the area, with highly rated schools such as Island Park Elementary School, Islander Middle School, and Mercer Island High School, all known for their strong academic programs and extracurricular activities.

Learn more about living in Forest Avenue

Home Trends in Forest Avenue, WA

On average, homes in Forest Avenue, Mercer Island sell after 24 days on the market compared to the national average of 52 days. The median sale price for homes in Forest Avenue, Mercer Island over the last 12 months is $2,561,500, up 1% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$2,561,500

Median Single Family Sale Price

$2,898,000

Average Price Per Sq Ft

$816

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

3.80

Median List Price

$2,898,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. 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. ©2025 NWMLS.
Based on information submitted to the MLS GRID