Central Area Homes with 53 - Tri-plex Style

Welcome to the vibrant Central Area of Seattle, WA—an eclectic neighborhood that beautifully blends urban convenience with a rich cultural tapestry. Nestled in King County, this area is a true gem, offering residents a dynamic lifestyle filled with art, music, and community spirit.

The Central Area is known for its historic significance and diverse population, making it a melting pot of cultures. Stroll down its tree-lined streets, and you’ll discover an array of local shops, cozy cafes, and delightful eateries that reflect the neighborhood’s unique character. Parks and green spaces, such as the scenic Judkins Park, provide residents with ample opportunities for outdoor activities, picnics, and relaxation.

For those seeking a home that reflects both comfort and investment potential, the tri-plex style homes in the Central Area are an exceptional choice. These charming properties not only offer ample living space but also the flexibility of multi-family living, making them ideal for families or investors looking to capitalize on the burgeoning rental market. With their character-rich architecture and modern amenities, tri-plex homes provide an inviting atmosphere that seamlessly blends with the neighborhood’s vibrant culture.

Whether you're a first-time homebuyer or a seasoned investor, the Central Area’s tri-plex style homes present an unparalleled opportunity to immerse yourself in a community that values diversity, creativity, and connection. Experience the charm and excitement of Seattle’s Central Area, where every day offers new adventures and a sense of belonging. Welcome home!

Newest Central Area Homes with 53 - Tri-plex Style

$1,799,950

2578982 MLS ⋅ ACTIVE Status

This purpose-built 1998 triplex offers the cash flow of a multifamily investment without many of the maintenance concerns commonly associated with older properties. Built with modern plumbing, electrical, windows, insulation and durable fiber-cement siding, all three townhouse-style residences also feature in-unit laundry, private outdoor spaces and off-street parking. Two units offer 3 bedrooms and 2.5 baths, while the third includes 2 bedrooms and 2 baths. The desirable two-story layouts provide a more home-like feel that attracts strong market rents and encourages long-term tenancy. With more than $100,000 in annual net income and a 5.7% cap rate, this is a compelling opportunity for investors seeking immediate returns and long-term upside. Also ideal for an owner-occupant looking to offset their mortgage with rental income. The townhouse-style configuration may offer future potential for a unit-lot short subdivision or condo conversion to allow the sale of individual units—buyer to verify. Conveniently located just south of Capitol Hill with easy access to downtown, transit and neighborhood amenities.

154 18th Avenue, Seattle

Listing courtesy of Windermere RE/Capitol Hill,Inc.

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