Vashon Island Multifamily Homes & Duplexes for Sale

/35
$1,600,000
- 3 Beds
- 5 Baths
- 3,576 Sq Ft
10824 Vashon Hwy SW, Vashon, WA 98070

Vashon’s Only Commercial Waterfront Property Zoned NB, offers flexibility for mixed-use development; hospitality, retail +/or residential. This is a once-in-a-lifetime opportunity for a visionary entrepreneur to create a premier destination on Vashon Island. Just seconds from the ferry, this bustling property features a fully equipped commercial kitchen, bar/restaurant space w/permits, three

Kayse Gundram Windermere Real Estate Co.

10824 Vashon Hwy SW, Vashon, WA 98070
/40
$8,875,000
- 2 Beds
- 2 Baths
- 7,822 Sq Ft
4205 SW Point Robinson Rd, Vashon, WA 98070

A once in a lifetime opportunity to own an exclusive, gated, waterfront estate! Just over 21 acres overlooking the sound with an unobstructed view of Mt Rainier! Along with 500 ft of private beach! The property features a beautiful main home with 3 bedrooms, an office, 4 & 3/4 bathrooms, and a 3 car garage! The lower level features a large media room, 2nd kitchen, high ceilings, indoor pool,

Mackenzie Record Engel & Voelkers North Tacoma

4205 SW Point Robinson Rd, Vashon, WA 98070

Washington Vashon Vashon Island

Why Live in Vashon Island

Vashon Island, known as "The Rock," offers a unique blend of rural and island living with city amenities accessible via a 15 to 20-minute ferry ride to Seattle or Tacoma. The island's 38 square miles provide diverse housing options, from waterfront properties and farm settings to turn-of-the-century cottages and modern mansions. Residents enjoy a slower-paced lifestyle with ample outdoor activities, including water sports at Point Rob's marina and yacht club, and exploring hundreds of miles of protected forest trails. Dockton Park and Point Robinson are popular for their trails and boat launches, while Jensen Point Park is favored for canoeing and kayaking. Vashon's Uptown area features eclectic dining options, such as May Kitchen + Bar and Ruby Brink, alongside local shops. The island hosts vibrant events like the Strawberry Festival and CiderFest, reflecting its artistic and quirky community spirit. Vashon Island School District is highly rated, with Chautauqua Elementary, McMurray Middle School, and Vashon Island High offering strong academic programs. The island's crime rate is lower than the national average, providing a safer environment for residents. Access to the mainland requires planning around ferry schedules, but the peaceful ferry rides offer scenic views of Mount Rainier.

Learn more about living in Vashon Island

Home Trends in Vashon Island, WA

On average, homes in Vashon Island, Vashon sell after 51 days on the market compared to the national average of 51 days. The median sale price for homes in Vashon Island, Vashon over the last 12 months is $895,000, up 14% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$895,000

Median Single Family Sale Price

$950,000

Median Townhouse Sale Price

$387,000

Median 2 Bedroom Sale Price

$498,750

Average Price Per Sq Ft

$598

Number of Homes for Sale

Last 12 months Home Sales

128

Months of Supply

5.00

Median List Price

$949,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

14%

How to Buy a Home How to Finance a Home How to Sell a Home

In Vashon Island, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $1,600,000 to $8,875,000, there's something for every budget. As of July, 2025 the median home price in Vashon Island, Vashon is $949,000, while the average sale price is $1,023,251, providing insight into local market trends. On average, multi-family homes spend 51 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Vashon Island, Vashon.

Vashon Island Types of Homes for Sale

More About Living in Vashon Island

Homes in Nearby Neighborhoods

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Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
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