Estimated payment $9,195/month
Prime Multi-Family Investment in the Heart of the vibrant University District! Just blocks from the University of Washington, with easy access to the U District Link light rail station, local shops, diverse dining, and the popular farmers market. The property features six income-producing units, each with its own 100-AMP panel, separate electric meter, and updated plumbing. All utilities are paid by tenants. A new roof was installed in 2024, offering peace of mind for years to come. With a strong rental demand and high walkability, this property offers both immediate returns and long-term value. With L2 zoning this property is surrounded by modern infill development.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2366735
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Flooring
Bedrooms and Bathrooms
Parking
Schools
Utilities
Community Details
Listing and Financial Details
| 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 | $11,303 | $1,145,100 | $1,071,200 | $73,900 |
| 2023 | $10,065 | $1,157,300 | $1,071,200 | $86,100 |
| 2022 | $10,099 | $1,157,300 | $1,071,200 | $86,100 |
| 2021 | $10,574 | $1,072,200 | $1,071,200 | $1,000 |
| 2020 | $9,310 | $1,072,200 | $1,071,200 | $1,000 |
| 2018 | $7,743 | $862,400 | $659,200 | $203,200 |
| 2017 | $7,462 | $759,900 | $576,800 | $183,100 |
| 2016 | $7,292 | $759,900 | $515,000 | $244,900 |
| 2015 | $6,053 | $726,800 | $473,800 | $253,000 |
| 2014 | -- | $613,500 | $391,400 | $222,100 |
| 2013 | -- | $630,300 | $412,000 | $218,300 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | Price Changed | $1,490,000 | -4.2% | $532 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $1,555,000 | -- | $555 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $122,500 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $377,500 | Commercial |
$1,590,000
Investors pay attention, Duplex, Zoned LR2 with huge potential for development, convenient location in the heart of U-District, walk to light rail station and UW campus, unbeatable with stable rental income from unlimited incoming UW students in the future. Many new renovations made in the last few year, cap rate at 4.63%. Preleased $7,340/month from 9/1/2025 to 8/31/2026. Rent to 2 groups of
Sam Chui eLink Realty
$1,357,000
Great investment opportunity in the heart of North Seattle! Opportunity knocks at this rare 1916 Craftsman triplex in a convenient location just blocks from Roosevelt’s plentiful dining options, groceries, shops, coffee houses, and schools. Two larger 2-bedroom units plus a third 1-bedroom unit are all rentable, or live in one while you gain rental income from the others. Tenants each enjoy their
Brian Rosso Windermere Mercer Island
$1,550,000
Four-plex on 5,400sf lot, zoned LR3. Located only one block away from UW campus, University Village and Burke Gilman Trail. Territorial and Cascade Mountain views from top floor units. Outstanding opportunity to renovate and increase rental performance or redevelop the property.
Franz Diessner Coldwell Banker Bain
$1,740,000
Prime Wallingford triplex ideally situated in a vibrant business and shopping district with convenient access to I-5. Each unit bright and spacious 2-bedroom, 1-bath. Features a durable Marblecrete exterior. Boasting a remarkable walk score of 93, the property is just steps from restaurants, shops, a grocery store, Greenlake, and Woodland Park. Highly desirable and easy to rent, with units rarely
Nona Adams RE/MAX Integrity
$1,698,000
Stellar opportunity for owner occupant MCM tri-plex! Live in 1 unit and collect rent on the other 2. This well cared-for property is anchored in the popular Sand Point neighborhood with an unbeatable location moments from Children's Hospital & University of Washington. 2 level entry units with straightforward floorplans + beefy 3rd unit in lower level. Immediate upside potential w/ rents
April Geneva Windermere Real Estate Midtown
$1,370,000
This turn-key Fremont triplex features two 2-bed/1-bath units and one 3-bed/1-bath unit. Each unit offers stylish finishes including hardwood floors, quartz countertops, and white shaker cabinets. On-site laundry and one reserved off-street parking space add convenience. Ideally located just minutes from downtown and centrally positioned between Fremont, Green Lake, and Wallingford. This
Marcela Garanin Pellego, Inc.
$1,680,000
Extraordinary multi-unit property w/fantastic rental history in Phinney Ridge. This meticulously maintained home boasts modern updates throughout while preserving the era relevant Craftsman charm. Includes 2 short term & two long term units; each with separate exterior access, individual kitchen, dining, bedrooms and bathrooms. Main unit includes 170 sq ft enclosed porch and private washer/dryer.
Kathe Trost Windermere RE Greenwood
$1,679,000
Multi-family investment offering – rare opportunity to own 2 structures with 4 rental units on the border of the coveted Fremont & Phinney Ridge communities. This desirable property features a charming 1BR/1BA bungalow & a 2 story triplex with two 1BR/1BA units & one 2BR/1BA unit. All units include separate entrances & dedicated electrical meters. Charming interiors boast vintage period details
Nick Loveless Windermere R.E. Northeast, Inc
$1,395,000
Meticulously maintained triplex in the heart of downtown Fremont. Successfully operated as a top-performing Airbnb for the past seven years with an average gross income exceeding $120K annually. Flexible zoning allows for short-, mid-, or long-term rental strategies, making this an ideal investment for seasoned hosts or newcomers alike. Guests are drawn to its unbeatable location, tranquil
Bryan Richardson Kelly Right RE of Seattle LLC
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2366735
APN: 881640-0810
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.
Based on information submitted to the MLS GRID