Tremendous Opportunity with this Fantastic Seattle Property. Currently a Tri-Plex with so much potential for future development based on the zoning and location. Big opportunity to go vertical up to 75 ft, zoned NC275 which supports the opportunity to build Single purpose commercial structures, multi-story mixed-use and residential structures w/potential retail. The possibilities here are endless! All units are currently vacant. Unit 1 is 1 bedroom, 1 bath, 640 sq ft. Unit 2 is 2 bedrooms, 2 baths, 950 sq ft. Unit 3 is 2 bedrooms, 1 bath, 700 sq ft. Conveniently located to all amenities. An opportunity like this does not come often! 2 parking spots at the rear of the building. Buyer to verify all information to their satisfaction.
Last Agent to Sell the Property
Keller Williams Rty Tacoma License #25202 Listed on: 10/22/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2304073
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Flooring
Bedrooms and Bathrooms
Parking
Outdoor Features
Utilities
Community Details
Listing and Financial Details
$945,000
Fab investment alert for savvy investors or owner-occupant with great rental income! Wonderful central cap hill value with two huge separate 2 bedroom / 1 bath units and 3 OFF STREET PARKING SPACES. Each unit has it's own in unit W/D and lovely balconies off the main living space. All bedrooms can accommodate a king bed. Tons of extra storage on lower level. 5 minute walk to light rail station
Mariah O'Keefe Redfin
$1,100,000
Prime opportunity in Seattle's Capitol Hill! Discover this historic gem currently operating as a triplex with LR3 Zoning. Each spacious unit is approximately 1,050 sqft, featuring 2 bedrooms & 1 bath. Unit A: Main level, Unit B: Top floor, Unit C: Lower level. Owned by the same investor for over 20 years, this property has seen consistent updates, including new plumbing in the lower unit in 2023
Christina Jarvis Windermere Real Estate/PSR Inc
$1,190,000
The intersection of First Hill and Cherry Hill, steps from Seattle University, this contemporary 2bed/2bath townhouse offers urban living at its finest—plus a fully equipped studio ADU with private entrance, perfect for tenants, guests, or home office use. Offered by the original builder, this light-filled home features sleek modern finishes and a rooftop deck with panoramic city and mountain
Martin Ho Berkshire Hathaway HS NW
$938,000
The intersection of First Hill and Cherry Hill, steps from Seattle University, this contemporary 2bed/2bath townhouse offers urban living at its finest—plus a fully equipped studio ADU with private entrance, perfect for tenants, guests, or home office use. Offered by the original builder, this light-filled home features sleek modern finishes and a rooftop deck with panoramic city and mountain
Martin Ho Berkshire Hathaway HS NW
$950,000
Builders, developers, and investors! Here’s your chance to capitalize on LR2(M) zoning in a prime Seattle location. This 4,800 SF corner lot offers excellent potential for redevelopment. The existing duplex, built in 1900 with 2,750 square feet, is most likely a tear-down with the value in the land. Surrounded by newer townhomes and multi-family construction, this is an ideal site for townhomes
Robert Calkins Realty One Group Orca
$1,250,000
Welcome to this charming restored craftsman duplex in the heart of the city! Amazing owner-occupied opportunity! Located just blocks from downtown, stadiums, freeway access and more, this investment opportunity has it all! The main unit features 3 bedrooms, a grand main living floor with beautiful hardwood floors & gorgeous millwork details, formal dining & living spaces and an open kitchen and a
Tim Lenihan Windermere Real Estate Midtown
$1,000,000
Potential Rehab Fixer of existing 3-4 units in Central Seattle location. More value may be in the land for future development. Zoned LR2(M) Close to all amenities, schools, shopping, entertainment, restaurants, coffee shops, religious facilities, downtown location, public transportation at the front door, in walking distance to large new development areas. New constructions all around this
George Noble Green Stone Properties, Inc.
$800,000
Investor alert! This duplex is a rare find – combining immediate rental income potential with higher-density development upside. Endless opportunities to update the units and increase rents, finish the 1k sq ft daylight basement into additional unit for added cash flow, or plan future redevelopment project (zoned LR1). 1BR & 2BR units – live in one and rent the other, or rent both for multiple
Greg Nelson COMPASS
$1,050,000
Charming tri-plex in historic QA n'hood w/iconic Space Needle & Seattle Skyline views! Fantastic opportunity to own this well maintained property or develop/remodel for investors or homeowners alike (live on top floor w/great rental income in lower units). Upper unit features private view deck, spacious living room 2 bedrooms & 1 bath. Middle unit w/large living room, dining nook, 2 bedrooms/1
Demetri Georgakopoulos Windermere Real Estate Co.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,030,000 | Stewart Title | |
| Warranty Deed | $1,030,000 | Stewart Title | |
| Warranty Deed | $1,030,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $65,600 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $820,000 | New Conventional | |
| Closed | $820,000 | New Conventional |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2025 01/08/25 | Sold | $1,030,000 | -14.2% | $450 / Sq Ft |
| 12/07/2024 12/07/24 | Pending | -- | -- | -- |
| 10/22/2024 10/22/24 | For Sale | $1,200,000 | -- | $524 / Sq Ft |
| 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 | $11,136 | $1,140,000 | $864,000 | $276,000 |
| 2023 | $10,369 | $1,079,000 | $823,000 | $256,000 |
| 2022 | $10,070 | $1,204,000 | $510,000 | $694,000 |
| 2021 | $9,904 | $1,080,000 | $439,000 | $641,000 |
| 2020 | $10,092 | $1,010,000 | $412,000 | $598,000 |
| 2018 | $9,219 | $1,106,000 | $424,000 | $682,000 |
| 2017 | $7,341 | $922,000 | $362,000 | $560,000 |
| 2016 | $6,636 | $754,000 | $302,000 | $452,000 |
| 2015 | $5,780 | $664,000 | $280,000 | $384,000 |
| 2014 | -- | $590,000 | $216,000 | $374,000 |
| 2013 | -- | $506,000 | $299,000 | $207,000 |
Seller's Agent in 2025
Matthew Harber
Keller Williams Rty Tacoma
(253) 229-1329
1 in this area
332 Total Sales
Seller Co-Listing Agent in 2025
Guy Rowley
Keller Williams Rty Tacoma
(253) 606-7242
1 in this area
204 Total Sales
T
Buyer's Agent in 2025
Tyler Hopp
COMPASS
(206) 769-8821
1 in this area
17 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2304073
APN: 600300-1900
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.
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. ©2025 NWMLS.