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$1,295,000
2578876 MLS ⋅ ACTIVE Status
WELCOME TO VILLA ICON—A RARE, FRESHLY REMODELED ALKI WATERFRONT TRIPLEX. LIVE, WORK, INVEST OR DEVELOP. Directly across from the water on iconic Alki Avenue, this exceptional property offers three distinct residences—a studio, 1-bedroom and 2-bedroom—blending immediate income with remarkable flexibility and future potential. Two residences are currently leased, while the studio is ready to live in, welcome guests, create a private office or flex space, or generate additional rental income. Wake to sweeping Puget Sound and Olympic Mountain views, watch ferries and boats glide by, stroll the beach and waterfront path, and end the day with unforgettable Alki sunsets. Restaurants, cafés and recreation are just outside your door, with downtown Seattle minutes away. Hold as an income-producing asset, create your own Alki home base, or explore future development potential. THREE RESIDENCES. ONE ICONIC WATERFRONT ADDRESS. ENDLESS POSSIBILITIES. Buyer to verify development feasibility and intended use.

1768 Alki Avenue SW, Seattle

Listing courtesy of Coldwell Banker Bain.

$1,200,000
2584274 MLS ⋅ ACTIVE Status
Terrific opportunity to acquire a well-maintained triplex in a prime West Seattle location.  Built in 1996 and in great condition with terrific curb appeal.  Attractive terraced landscaping.  All units sit above the street for added privacy. All 3 units have been updated and are in good condition. All are spacious and have open concept floorplans.  Top floor unit is 2 bed/2 bath, one has 2 bed/1 bath, and one is 1 bed/1 bath, for a total of 2850 +/- sq ft of living space.  Each unit has a dishwasher, washer, and dryer.  4 parking spaces in the alley, plus plenty of street parking out front. Excellent tenant occupancy.  Rents total $6405/month and are below market, creating ability to improve on current CAP rate of 4.7%.  Rent increase notice delivered 9/1/2026 (5%).  Fairmount Park neighborhood is centrally located. Morgan and Alaska junctions are nearby.  Close to shops, restaurants, parks, and schools.  Beautiful Lincoln Park and the Fauntleroy ferry are minutes away.  Great public transportation out front and great access to downtown Seattle.  Truly an ideal investment opportunity.  Live in one unit and rent out two or just capitalize on this amazing opportunity!

5952 Fauntleroy Way SW, Seattle

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$1,350,000
2584252 MLS ⋅ ACTIVE Status
Purpose-built triplex with mid-century style and modern updates. Each unit lives like a townhome with individual exterior entry and limited shared walls. Unit 13807 is a 3 bed, 2 bath end-unit with hardwood floors, remodeled kitchen with slab granite counters and stainless steel appliances, living and dining area leading to the expansive deck overlooking the private backyard, lower level family room & attached garage. Unit 13809 enters off of the ground level to an open living and dining area with updated kitchen, 2 spacious bedrooms and a full bathroom. Unit 13811 enters from the north side of the home to a top floor 2 bed 1 bath layout. Two individual garages and driveway parking for two cars. Entertainment sized patio spans the length of the home and mature landscaping borders the perimeter providing a lovely oasis in the city. Epicenter location is a commuters dream with easy access to the light rail, bus routes and bike paths. Level shy 1/4 acre lot, approximately 80' wide by 120' deep, with LR2 zoning may provide multiple redevelopment options - buyer to verify.

13807 Greenwood Avenue N, Seattle

Listing courtesy of John L. Scott, Inc.

$995,000
2584377 MLS ⋅ ACTIVE Status
Discover the perfect investment in this Triplex nestled in Licton Springs! Each spacious unit spans 980 sqft and features 2 bedrooms. Boasting desirable LR3 zoning, making it an ideal opportunity for owner-occupied living or investment. The lower two units feature an adjoining stairwell and could be easily combined into a single expansive living space. Enjoy roomy living areas, generous bedrooms, and cozy fireplaces throughout. The lower unit has been refreshed with new paint, carpet, and an updated bathroom. Each unit comes equipped with washers and dryers. The upper units enjoy spacious decks, perfect for relaxing outdoors. Off-street, tandem parking off the alley for 6 cars ensures easy access. Plus, you'll be just minutes from the Light Rail, Green Lake, bus lines, restaurants, and more! Immerse yourself in this private setting, and don't miss out on a unique opportunity to own this fantastic triplex.

1145 N 93rd Street, Seattle

Listing courtesy of RE/MAX Northwest.

$1,350,000
2583989 MLS ⋅ ACTIVE Status
Originally built in 1968, the property has an excellent occupancy history having been fully remodeled throughout. All three units are large 2-bedroom, 1.75-bath units (approximately 1,030 SF each), giving new ownership the opportunity to acquire a stabilized asset with modern finishes in a strong rental location. Each unit is outfitted with new countertops, hardwood-style flooring, updated cabinetry, new fixtures, stainless steel appliances, and full-size washer/dryers. Residents enjoy private decks, storage options, and the convenience of four off-street parking spaces—amenities that help ensure strong tenant demand and long-term retention. With an attractive in-place CAP rate of 5.41% and no immediate renovation needs, the West Seattle Triplex offers investors durable cash flow from day one in a centrally located neighborhood with continued growth potential. Residents enjoy convenient access to major public transportation lines, providing connectivity to Downtown Seattle and surrounding employment centers. West Seattle’s continued popularity and walkability will continue to support strong tenant demand and long-term rent growth.

5954 Fauntleroy Way SW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,649,500
2561695 MLS ⋅ ACTIVE Status
Beautifully maintained triplex offering classic charm, modern updates, a durable metal roof, fresh exterior paint (2025), and strong rental performance in one of Seattle’s most desirable neighborhoods. Three bright, well-designed units - 3BD/1.75BA, 2BD/1BA, and 1BD/1BA - each with updated finishes, modern appliances, brick fireplaces, efficient gas heating, and private in-unit laundry. Every unit has its own entrance and outdoor space: a large patio (3BD), a balcony plus new composition deck & railing (2BD), and a welcoming front porch (1BD). Single-car garages for two larger units, plus ample on-site and off-street parking. Large, fenced backyard with rear-gate access. Minutes to UW, Magnuson Park, Seattle Children’s, University Village, shopping, dining, transit, and the Burke-Gilman Trail. A rare chance to acquire a stable, income-producing asset in a high-demand Seattle location - ideal for investors seeking long-term value and consistent tenant demand.

5208 Sand Point Way NE, Seattle

Listing courtesy of Sea to Sky Realty.

$1,275,000
2582595 MLS ⋅ ACTIVE Status
The offering consists of two separate structures on a single 4,800 square foot NR3 zoned parcel. A two bedroom house built in 1946 sits at the front of the property, and a standalone duplex built in 1988 sits behind it, containing two more two bedroom/one bathroom units. Total net rentable area is 2,340 square feet across the three units, with an additional 720 square feet of unfinished basement beneath the house. Each unit is a two bedroom, one bathroom layout with a dedicated storage locker and its own full size washer and dryer. Both duplex units are vacant and ready for occupancy. Both interiors have been freshly painted and have new vinyl plank flooring, new carpet, new window blinds, and the appliance package in the upper unit (unit B) is new. Hot water tanks were replaced in 2023 and 2024. The property also works for an owner user, who can occupy a duplex unit at closing. The house sits on 720 square feet of unfinished basement with a dedicated entry, good ceiling height, and a sewer line that runs down rather than out through a sidewall, which allows a bathroom to be added at the lower level without sacrificing space. A buyer can finish the basement as additional living area for the house or pursue the addition of a fourth unit. The parcel is zoned NR3, which allows four units on the site. A buyer is to research and confirm the viability of these options to its own satisfaction, including with the appropriate City of Seattle zoning and construction departments.

5911 SW Admiral Way, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,150,000
2579596 MLS ⋅ ACTIVE Status
The Fremont Peak Triplex is a fully renovated three-unit investment property located in the heart of Fremont. Originally built in 1914, the property underwent a comprehensive renovation in 2019, including full interior renovations to each unit as well as updates to the plumbing and electrical systems. Approximately 80% of the original windows were also replaced with dualpane, vinyl-framed windows, providing excellent natural light and stunning views of the Ballard Ship Canal and sunsets over the Olympic Mountains. Each unit was thoughtfully updated with LVP flooring, quartz countertops, modern bathroom vanities, and some have stainless-steel appliances. The property received additional improvements in 2022–2023, including a new roof and exterior paint. The triplex is comprised of a spacious two-bedroom, two-bathroom unit of approximately 1,150 SF, featuring a private deck and views; a one-bedroom, one-bathroom unit of approximately 600 SF; and a studio unit of approximately 500 SF. Each unit is equipped with a full kitchen appliance package, while the two-bedroom unit features its own in-unit washer and dryer. The one-bedroom and studio units share a common laundry room in the basement, provided free of charge to tenants. The basement also offers additional storage space, creating an opportunity for a future owner to generate additional income.

4259 Greenwood Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$989,000
2578910 MLS ⋅ ACTIVE Status
Fully leased Georgetown triplex offering immediate income, historic Seattle charm and compelling future upside. Currently generating $6,800/month in gross rent, this classic 1900 Craftsman has been thoughtfully remodeled for modern comfort while retaining the character of its historic roots. The property features a desirable unit mix with an upper 3 bedroom, 1 bath residence plus two lower 1 bedroom, 1 bath units. Each residence features its own in-unit washer and dryer, while recent improvements include a new roof and air conditioning for all three units, adding to the property’s long-term appeal and tenant comfort. Set in one of Seattle’s most distinctive neighborhoods, the property offers convenient access to Georgetown’s vibrant dining, arts and creative scene, as well as I-5, SoDo and Downtown Seattle. Previously approved plans for an additional basement dwelling unit are available, presenting an exciting potential value-add opportunity, subject to current permitting and buyer verification. A rare opportunity to own a piece of Seattle history while investing in its future, with established income in place and long-term potential.

6620 Carleton Avenue S, Seattle

Listing courtesy of The Agency Seattle.

$1,398,000
2562087 MLS ⋅ ACTIVE Status
TURNKEY GREEN LAKE TRIPLEX | NEW ROOF & GUTTERS | 3 PRIVATE GARAGES. Well-kept, fully occupied triplex offering immediate cash flow in a premier Green Lake location. Units: Three light-filled, spacious homes — one 2BR/2BA and two 2BR/1BA — featuring modern finishes, updated appliances, and private secured entries. Garages & Laundry: Each home includes an oversized private garage, non-shared laundry, and an interior utility sink, plus additional on-site/off-street parking. Recent Cap Ex (2026): New roof, gutters, downspouts, and fresh paint. One unit refreshed with a new kitchen, updated bath, interior paint, and a newly painted private balcony. Lot: Fully fenced 6,663 SF lot with a large yard and private rear access via N 90th St. Minutes to Green Lake, Northgate Light Rail, UW, Ballard, and Downtown Seattle with quick I-5/Hwy 99 access. Ideal for investors or owner-occupants seeking long-term value and flexibility.

8848 Interlake Avenue N, Seattle

Listing courtesy of Sea to Sky Realty.

$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.

$745,000
2579494 MLS ⋅ ACTIVE Status
Well-maintained, turn-key triplex with individual garages and over $150,000 in recent capital improvements — creating a low-maintenance, easy-to-manage investment opportunity. Major upgrades include a new roof, paved parking lot, new water heaters, exterior paint, new fencing, washer/dryers, and high-end interior renovations. Each spacious unit features 2 bedrooms and 1 bathroom with private covered decks or patios. Rents are currently below market, offering investors clear upside potential. The property also includes a fully fenced yard for tenant enjoyment, and the sale comes with the additional lot behind the building that the owner acquired last year.

201 2nd Place SE, Pacific

Listing courtesy of Northmarq Multifamily, LLC.

$1,250,000
2570576 MLS ⋅ ACTIVE Status
Prime West Seattle location within walking distance of Admiral Junction & California Ave SW sets the stage for this distinctive mid-century triplex, with easy access to neighborhood dining, shops, parks, waterfront recreation & everyday conveniences. Three separate residences feature individual entrances, spacious interiors & original architectural details. Unit 2352 offers single-level living with an open living/dining area, wood-burning brick fireplace, wood-paneled accent wall, exposed dark-stained beams, galley kitchen with pass-through breakfast bar, vaulted ceilings, clerestory windows & oak hardwood floors. Unit 2354 features a spacious two-level layout with a full-height brick fireplace, exposed beams, vaulted ceilings & expansive picture windows. Hardwood floors extend through the main-level bedroom & hallway, while the lower-level primary suite offers LVP flooring, oversized windows & a ¾ bath with tiled walk-in shower. Unit 235½ continues the mid-century character with a freestanding fireplace, slate-blue tile entry, large window-lined living room & kitchen with extensive wood cabinetry and generous counter space. Two bedrooms & a full bath complete the residence. Mature trees & lush landscaping surround the shared backyard, with fenced outdoor areas & private/reserved parking. A rare combination of location, versatility & character.

2352 49th Avenue SW, Seattle

Listing courtesy of AQUA Real Estate.

$1,575,000
2576257 MLS ⋅ ACTIVE Status
A standout opportunity in a prime Queen Anne location, this updated triplex delivers turnkey living. Major system upgrades include a new 50-year roof, full electrical rewiring with new service strike, all new water heaters, and 2021 exterior paint and siding repairs. Units are updated with the owner’s unit including a full 2021 remodel with stainless steel appliances and mini-splits. All units offer full-size in-unit laundry and dedicated parking, with one unit including an additional tandem space. Unbeatable location just minutes from the Gates Foundation, Amazon, Google, Seattle Center, with a bus stop on the block. Conveniently positioned for in-city living and access to exceptional regional amenities. This is a rare opportunity in a prime Queen Anne location, come see it for yourself!

1522 Taylor Avenue N, Seattle

Listing courtesy of Lee & Associates Commercial RE.

$1,300,000
2574519 MLS ⋅ ACTIVE Status
Unique opportunity to own a classic brick triplex on a generous 9,589 SF LR3(M) lot in Seattle's Brighton neighborhood. Featuring three 2-bedroom units, with two units on the main level and a third on the lower level, this property provides flexibility for investors, owner-occupants, or those seeking long-term upside. Additional features include a two-car garage, off-street parking, storage, and a spacious yard. Conveniently located near parks, neighborhood amenities, transit, and Link light rail, with easy access to Rainier Ave S, downtown Seattle, and surrounding areas. Continue operating as an income-producing triplex, make improvements over time, or explore the future possibilities offered by the property's LR3(M) zoning. A compelling combination of existing multifamily use, substantial land, and long-term potential in a convenient South Seattle location. Buyer/buyer's agent to verify all information.

4815 S Holly Street, Seattle

Listing courtesy of Windermere Real Estate Co..

$1,450,000
2574654 MLS ⋅ ACTIVE Status
Well-maintained brick & stucco triplex in Seattle’s North College Park/Licton Springs area. Conveniently located near North Seattle College, Licton Springs Park, Green Lake, shopping, dining, I-5, Aurora Ave N/Highway 99, Northgate Station, & Link light rail. Professionally managed & carefully maintained throughout the family’s ownership, the property offers immediate rental income and long-term investment potential. Each townhome-style unit features 3 bedrooms and 1.5 baths. All tenant-occupied units are subject to final interior inspection upon mutual acceptance. The adjacent property at 9208 Ashworth Ave N is also offered for sale, creating a rare opportunity to acquire two neighboring multifamily properties for investment and possible long-term redevelopment. Buyer to independently verify zoning and development potential. Seller’s sale of 9200 Ashworth Ave N is conditioned upon the sale and closing of 9208 Ashworth Ave N. Properties may be purchased by the same or separate buyers, but both properties must close concurrently. Two Sellers are licensed California and Washington real estate brokers, and the Listing Broker is also one of the Sellers.

9200 Ashworth Avenue N, Seattle

Listing courtesy of Prime Metropolis Properties.

$1,640,000
2574655 MLS ⋅ ACTIVE Status
Well-maintained brick & stucco triplex in Seattle’s North College Park/Licton Springs area. Conveniently located near North Seattle College, Licton Springs Park, Green Lake, shopping, dining, I-5, Aurora Ave N/Highway 99, Northgate Station, & Link light rail. Professionally managed & carefully maintained throughout the family’s ownership, the property offers immediate rental income and long-term investment potential. Each townhome-style unit features 2 bedrooms plus a den and 1.5 baths. All tenant-occupied units are subject to final interior inspection upon mutual acceptance. The adjacent property at 9208 Ashworth Ave N is also offered for sale, creating a rare opportunity to acquire two neighboring multifamily properties for investment and possible long-term redevelopment. Buyer to independently verify zoning and development potential. Seller’s sale of 9200 Ashworth Ave N is conditioned upon the sale and closing of 9208 Ashworth Ave N. Properties may be purchased by the same or separate buyers, but both properties must close concurrently. Two Sellers are licensed California and Washington real estate brokers, and the Listing Broker is also one of the Sellers.

9208 Ashworth Avenue N, Seattle

Listing courtesy of Prime Metropolis Properties.

$920,500
2575131 MLS ⋅ ACTIVE Status
CLASSIC PHINNEY RIDGE TRIPLEX JUST ONE BLOCK FROM THE PHINNEY/GREENWOOD BUSINESS DISTRICT. This well-maintained 1918 Craftsman features three 1-bedroom, 1-bath apartments, each with a private entrance, full kitchen and in-unit laundry. Electricity is separately metered, and tenants pay all utilities. Major improvements include updated plumbing and electrical, electrical panels, windows, French drain, renovated bathrooms, and mini-split heating & cooling in the two main-level units. Outstanding walkability to restaurants, coffee shops, Woodland Park Zoo, Green Lake, Ballard, Fremont and public transit. KEEP AS AN INVESTMENT, HOUSE HACK BY LIVING IN ONE UNIT WHILE RENTING THE OTHERS, OR EXPLORE CONVERTING BACK TO A SINGLE-FAMILY HOME. LOTS OF OPTIONS IN ONE OF SEATTLE’S MOST DESIRABLE NEIGHBORHOODS.

303 N 64th Street, Seattle

Listing courtesy of Real Broker LLC.

$1,540,000
2575326 MLS ⋅ ACTIVE Status
Excellent investment opportunity or owner-occupied property with rental income in a prime Ballard location! Beautifully renovated triplex featuring two large 2BR townhouse-style units with decks, hardwood floors, stainless steel appliances, granite counter tops, wood fireplace, large closets, garages and off street parking. 1BR unit boasts hardwood floors, stainless steel appliances, new windows. Nice large patio! Full-size washer/dryer in each unit. Near all the amenities Ballard has to offer! Can be bought as single family with built in rental income to offset mortgage payments!

2357 NW 65th, Seattle

Listing courtesy of Skyline Properties, Inc..

$999,999
2574470 MLS ⋅ ACTIVE Status
Attention house hackers and investors! Triplex in an amazing location in Wallingford, with a total of 5 bedrooms and three bathrooms. Live in one unit and have the other two pay your mortgage! Very walkable neighborhood close to transit and easy for biking. All units have been well maintained, and have in-unit washer and dryers. Great rental history, Unit 1 rented for $2405, Unit 2 value at $2110 and Unit 3 rented for $2460. Don't miss this one!

5444 Kirkwood Place N, Seattle

Listing courtesy of Lotside.

$1,100,000
2570689 MLS ⋅ ACTIVE Status
Well-maintained three-unit triplex in Lake City, one of Seattle's most culturally diverse and affordable neighborhoods. With a Walk Score of 81, tenants enjoy immediate access to a vibrant international food scene, neighborhood retail, convenient transit, and outdoor recreation at Matthews Beach Park and Jackson Park Golf Course—all with genuine community character and pricing that avoids the premium associated with western Seattle enclaves. Composite annual rent potential reaches $93,420 post-growth, plus storage ancillary income. Multiple value-add opportunities—in-unit laundry capex, conversion optionality, and storage monetization—provide seasoned investors with flexible exit strategies. An ideal entry point for first-time multifamily buyers seeking Seattle exposure or portfolio investors looking to add proven assets in an undervalued, high-demand neighborhood.

14001 35th Avenue NE, Seattle

Listing courtesy of Pacific Crest.

$950,000
2567063 MLS ⋅ ACTIVE Status
Turn-Key Ballard Investment Opportunity! Savvy investors, take note! Located in a desirable, high-demand rental pocket, this property offers an ideal blend of stability and immediate upside. The main-floor unit is extensively updated with a new kitchen & modern, durable vinyl flooring with a reliable month-to-month tenants who intend to stay. The two lower-level units are vacant and freshly renovated with newer kitchens, new carpet, paint, vinyl flooring and water heater – ready for immediate occupancy. Capital expenditures have been minimized with the 2025 investments in a new re-lined sewer to the City main, exterior paint & new water heaters. All units feature washer/dryer hookups. Property includes a large backyard and a mini-garage for storage. The location is close to transit, parks and local neighborhood amenities.

6110 8th Avenue NW, Seattle

Listing courtesy of Coldwell Banker Bain.

$1,274,995
2556712 MLS ⋅ ACTIVE Status
Prime Ballard Triplex with Strong Rental Income & Value-Add Potential! Well-maintained income property featuring two spacious 2-bedroom, 1.75-bath units (approximately 1,430 SF each) and a lower-level studio (approximately 540 SF), generating $84,600 in annual rental income. Long-term tenants provide stable cash flow with upside through future rent adjustments. Utilities are included in rent, making this an attractive investment with consistent occupancy history. Ideally located near downtown Ballard, Golden Gardens, shopping, dining, parks, transit, and major commuter routes. Whether you're adding to your portfolio or seeking a long-term investment in one of Seattle's most desirable neighborhoods, this property offers immediate income, future upside, and excellent appreciation potential.

6013 4th Avenue NW, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,150,000
2552878 MLS ⋅ ACTIVE Status
Welcome to this well-positioned investment opportunity in the heart of Seattle's trendy Ballard neighborhood. Located at 824 NW 64th Street, this charming triplex offers a compelling mix of rental income and neighborhood appeal. Constructed in 1968, the building features three units — two approximately 875 sq. ft. (2 bed / 1 bath) and one at roughly 1,100 sq. ft. (2 bed / 1 bath) — totaling about 2,850 sq. ft. of rentable space. The lot spans approximately 5,000 sq. ft. and is zoned NR3, offering future flexibility. The property includes a two car garage and a spacious backyard. The property is within walking distance of Ballard's vibrant nightlife including restaurants and breweries.

824 NW 64th Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,150,000
2551244 MLS ⋅ ACTIVE Status
Perched high above the street, in one of Seattle's most reliably rented neighborhoods, this triplex provides a genuine sense of privacy and security to tenants, a sought-after respite increasingly rare in urban Seattle. These features, plus four parking stalls on a private dead-end alley, in-unit laundry, and northwest facing decks translate directly into tenant stability.All three units are currently occupied. Financials include a normalized cap rate on actual rents. The normalized figure removes one-time repairs, costs not inherited by a new owner. The vacancy reserve is a conservative underwriting cushion, not a reflection of this property's rental history.Unit 1 produces strong income today with fireplace, full appliances, and a private deck. Units 2 & 3 rents are below Interbay market rate for in-unit laundry 1BRs, offering a clear path to a higher cap rate and upside potential without capital investment.Solidly built, this triplex features a standing metal roof, copper plumbing, and fresh exterior paint. Added storage in the 330 SF flexible basement. Native landscaping keeps grounds simple to maintain with minimal costs. Fix up interiors on your timeline and collect strong rents in the meantime.Zoned LR1(M) on a 6,000 SF lot with alley access along a corridor that attracts density & long-term investment. This Interbay triplex offers a stable, fully occupied diamond-in-the rough asset with clear upside potential & multiple paths to improved returns.

3438 14th Avenue W, Seattle

Listing courtesy of Engel & Voelkers Seattle DT.

$1,250,000
2542614 MLS ⋅ ACTIVE Status
Welcome to this prime Ballard triplex, an exceptional opportunity for investors looking for a well-maintained, income-producing asset in a highly walkable and sought-after Seattle neighborhood. Currently fully tenant-occupied, rents in two units were recently increased to closely reflect current market value, offering a solid foundation with a clear path for continued growth. Two of the units were fully renovated, and every unit comes fully equipped with a range, refrigerator, and dishwasher for everyday convenience. Beyond the individual living spaces, the property features shared on-site coin laundry facilities and two garage spaces, adding significant value and the potential for additional parking or storage revenue. Situated in an incredibly walkable Ballard location, residents have easy access to the neighborhood's renowned dining, shopping, and entertainment. This is a rare chance to own a fully occupied, well-performing asset with clear upside in one of Seattle's strongest rental markets.

5506 7th Avenue NW, Seattle

Listing courtesy of COMPASS.

$1,150,000
2533338 MLS ⋅ ACTIVE Status
Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Buyer to verify all information to their satisfaction.

118 27th Avenue S, Seattle

Listing courtesy of Keller Williams Realty Bothell.

$799,950
2527876 MLS ⋅ ACTIVE Status
Exceptional fully rented triplex offering immediate rental income and long-term investment potential with zoning for up to 4 units. This income-generating property has a strong rental history with reliable tenants and low vacancy, making it a smart addition to any investment portfolio. The versatile floorplan includes a spacious upper 3-bedroom, 2-bath unit along with two lower-level units, creating multiple streams of income and future owner-occupant flexibility. Each unit features its own washer and dryer for added tenant convenience. Significant updates include a newer roof installed in 2018 and a new sewer line completed in 2021. The property also offers abundant off-street parking, a valuable feature for tenants and guests alike. Ideally situated near I-5, Hwy 99, downtown Seattle, SODO, Burien, and Sea-Tac Airport, this location provides quick access to major job centers, public transportation, shopping, dining, and everyday amenities. With continued growth and rental demand throughout the Seattle area, this turnkey multifamily property combines stable cash flow, strong location appeal, and future development possibilities in one compelling investment opportunity.

10033 Des Moines Memorial Drive S, Seattle

Listing courtesy of John L. Scott, Inc.

$870,000
2530515 MLS ⋅ PENDING SHORT SALE Status

7542 Roosevelt Way NE, Seattle

Listing courtesy of RE/MAX Northwest.

$2,250,000
2515956 MLS ⋅ ACTIVE Status
Stately Eastlake Craftsman Triplex with amazing Lake Union, Mountains, Space Needle, and downtown views! Three complete distinct sizeable homes, each on individual floors! This Architectural Gem features expansive grand living and dining rooms with classic Craftsman style coved and beamed ceilings, picture molding, some original light fixtures, hardware, and polished hardwood floors that fill the main rooms of this impressive property. Brick mantled fireplaces with decorative timber finish occupy 2 of the units living rooms. Updated kitchens in each unit with newer appliances are adjacent to light and bright family rooms. Every bedroom is oversized with good closet space, and plenty of light. Additionally, each unit has 2-upgraded-bathrooms, with a combination of tubs and walk-in showers. Private viewing decks off of each home's family room. Alley-adjacent parking includes a RARE 2 CAR GARAGE plus 3 uncovered spaces, total 5 cars. Top floor IN-UNIT laundry, plus spacious updated laundry room in basement. MIDRISE ZONED PROPERTY (MR) offers development potential (7 stories) with major enhancement of 180 degree city/lake/mountain views. A certified property survey is included.

2025 Boylston Avenue E, Seattle

Listing courtesy of Windermere RE West Campus Inc.

Based on information submitted to the MLS GRID as of . 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.
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