Interbay Homes with Seattle School District

Interbay Homes with Seattle School District

Welcome to Interbay, a hidden gem nestled in the heart of Seattle, Washington! This vibrant neighborhood is perfectly situated between the bustling neighborhoods of Ballard and Queen Anne, offering residents the ideal blend of urban convenience and serene waterfront living. Interbay is known for its stunning views of the Puget Sound and the iconic Seattle skyline, making it a picturesque backdrop for your new home.

One of the standout features of Interbay is its strong sense of community, where residents enjoy a friendly atmosphere and a variety of local amenities. From charming cafes to boutique shops, you'll find everything you need just a stone's throw away. Outdoor enthusiasts will love the proximity to parks and waterfront access, perfect for leisurely strolls, picnics, or simply soaking in the beauty of the Pacific Northwest.

Families will appreciate the inclusion of the Seattle School District, renowned for its commitment to academic excellence and diverse educational opportunities. With several schools nearby, parents can rest assured that their children will receive a top-notch education in a supportive environment.

The real estate market in Interbay offers a unique mix of modern condos, charming bungalows, and spacious townhomes, catering to a variety of lifestyles and budgets. Whether you're a first-time homebuyer or looking to downsize, you’ll find a welcoming space that suits your needs.

Discover the allure of Interbay, where community spirit meets urban living, and make this vibrant neighborhood your new home!

Newest Interbay Homes with Seattle School District

3438 14th Avenue W, Seattle
$1,050,000
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 Broker: Engel & Voelkers Seattle DT; Brad Wakeman; 206-920-3638; brad.wakeman@evrealestate.com

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