Listed by KW Lake Washington So
$1,700,000

Estimated payment $10,353/month

Total Views 3,312
5 Beds
3 Baths
2,940 Sq Ft
$578 Price per Sq Ft

Highlights

  • Views of a Sound
  • Deck
  • Corner Lot
  • John Hay Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Kinnear Place

About This Home

Incredible investment opportunity in the heart of Queen Anne — a rare triplex offering iconic views of the Space Needle, skyline & water. Please do not disturb tenants; showings by appt only. Each unit offers a cozy wood fireplace, with Units 1 & 2 offering private decks to take in the stunning views. Unit 1 & Unit 2, are spacious 2-bed/1-bath layouts with fully equipped kitchens. Unit 3 is a charming 1-bed, 1-bath with hardwood floors in the living rm & vinyl in the kitchen. The property has 3 separate meters, a carport for 2 cars, baseboard heating throughout & on-site coin laundry. Whether you're looking to live in one unit & rent the others or expand your rental portfolio, this triplex delivers both location & long-term potential.

Listing Agent

Melissa Hudson

KW Lake Washington So License #128092 Listed on: 07/10/2025

KW Lake Washington So

Co-Listing Agent

Rosie Rourke

KW Lake Washington So License #23610

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2405895

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,085

Year Built

  • Built in 1953

Lot Details

  • 3,630 Sq Ft Lot
  • Corner Lot

Property Views

  • Views of a Sound
  • City
  • Territorial
  • Limited

Home Design

  • Triplex
  • Slab Foundation
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Stone Siding
  • Stone

Interior Spaces

  • 2,940 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • John Hay Elementary School
  • Mc Clure Mid Middle School
  • Lincoln High School

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Queen Anne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5457300070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,085

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1953
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 2940
  • Special Features: VirtualTour
  • Cumulative Days on Market: 48

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Torch Down
  • View: City, Partial, Sound, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Stone, Wood
  • Exterior Features: Stone, Wood
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilies
  • WaterSewerGarbage: 2849.14

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Lincoln High
  • Middle Or Junior School: Mc Clure Mid

Lot Info

  • Parcel Number: 5457300070
  • Lot Size Acres: 0.0833
  • Lot Size Sq Ft: 3630
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 24.82
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 68483
  • Net Operating Income: 48058
  • Number Of Units Total: 3
  • Electric Expense: 1014.05
  • Insurance Expense: 3477
  • Leasable Area: 2940
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 13085

MLS Schools

  • Elementary School: John Hay Elementary

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,200 $1,470,000 $1,127,000 $343,000
2023 $13,085 $1,376,000 $1,127,000 $249,000
2022 $12,814 $1,489,000 $1,193,000 $296,000
2021 $12,255 $1,388,000 $813,000 $575,000
2020 $12,735 $1,260,000 $747,000 $513,000
2018 $11,207 $1,305,000 $797,000 $508,000
2017 $10,030 $1,128,000 $689,000 $439,000
2016 $9,961 $1,043,000 $640,000 $403,000
2015 $8,158 $1,013,000 $483,000 $530,000
2014 -- $845,000 $387,000 $458,000
2013 -- $854,000 $366,000 $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $1,700,000 -- $578 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Northpoint Escrow & Title Ll
Special Warranty Deed -- Old Republic Title Ltd
Warranty Deed $600,000 Old Republic Title Ltd
Interfamily Deed Transfer -- Old Republic Title Ltd
Interfamily Deed Transfer -- Old Republic Title Ltd
Quit Claim Deed -- Old Republic Title Ltd
Interfamily Deed Transfer -- Old Republic Title Ltd
Interfamily Deed Transfer -- Old Republic Title Ltd
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,500 New Conventional
Previous Owner $450,000 Seller Take Back
Closed $600,000 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2405895

Northwest Multiple Listing Service (NWMLS)

APN: 545730-0070