Queen Anne/Magnolia Homes with 53 - Tri-plex Style

Queen Anne/Magnolia Homes with 53 - Tri-plex Style

Welcome to the enchanting neighborhoods of Queen Anne and Magnolia, two of Seattle's most sought-after locales that offer a perfect blend of urban convenience and natural beauty. Nestled on the northern edge of downtown Seattle, these areas boast stunning views of the Puget Sound and the iconic skyline, making them a picturesque backdrop for your next home.

Queen Anne is renowned for its charming historic architecture, vibrant community, and lush green spaces. Stroll through its tree-lined streets and discover an array of local boutiques, cafes, and eateries that add a unique flavor to the neighborhood. Meanwhile, Magnolia, with its serene parks and waterfront access, provides a tranquil escape from the hustle and bustle of city life, perfect for families and outdoor enthusiasts alike.

For those seeking a unique investment opportunity, the tri-plex style homes in this region present a fantastic option. These multi-family residences not only offer the potential for rental income but also foster a sense of community, as residents can enjoy close proximity while maintaining their privacy. With spacious layouts, modern amenities, and often featuring beautiful outdoor spaces, tri-plex homes in Queen Anne and Magnolia are ideal for both investors and families looking for a harmonious living environment.

Whether you're drawn to the vibrant culture of Queen Anne or the peaceful charm of Magnolia, you'll find that these neighborhoods offer a lifestyle rich in both comfort and convenience. Explore the possibilities of tri-plex living in this stunning corner of Seattle, where every day feels like a getaway!

Newest Queen Anne/Magnolia Homes with 53 - Tri-plex Style

2551 13th Avenue W, Seattle
$1,250,000
2588520 MLS ⋅ ACTIVE Status
The Queen Anne Triplex is located in one of the most sought out rental markets of the Greater Seattle area due to Upper Queen Anne’s prominent history, central location, and excellent place to live. Built in 1963, the building totals 2,720 square feet on a 5,000 square foot LR1(M) zoned lot. The building is the first time on the market in over 30 years. The unit mix consists of one three-bedroom unit approximately 1,360 square feet, one two bedroom unit approximately 760 square feet, and one one bedroom unit approximately 600 square feet, each featuring private, west facing decks. The property has three on-site parking stalls, shared laundry, 3 individual water heaters and storage for tenants. Zoning allows to add a unit in basement or build townhouse on west side of the property – buyer to verify The subject property is the perfect opportunity for an investor who wants a value-add opportunity or for an owner occupant who wants to live at the property in an excellent neighborhood just a short walking distance to all major bus lines. The property is located near Seattle Pacific University and is just minutes away from the University of Washington, Seattle Central Business District, South Lake Union and Ballard.

2551 13th Avenue W, Seattle

Listing Broker: Paragon Real Estate Advisors; Brian D. Platt; 206-812-9130; brianp@paragonrea.com

1001 1st Avenue N, Seattle
$1,500,000
2584143 MLS ⋅ ACTIVE Status
Queen Anne Triplex | 1,000 SF Units + Skyline & Water Views | 1001 1st Avenue North is a beautiful mid-century triplex perched just below the top of Queen Anne Hill, one of Seattle’s most coveted neighborhoods, offering walkable access to major employers, dining, shopping, the Space Needle, Seattle Center, and Climate Pledge Arena. Originally constructed in 1953, the building features wood-frame construction, stone veneer with horizontal wood siding, a torch-down roof, double-pane vinyl windows, and exterior entrances for each unit. The property features a desirable unit mix with spacious, functional layouts. Units 1 and 2 feature identical floor plans, each offering two bedrooms, one bathroom, and approximately 1,080 square feet of living space, with large living rooms, stone fireplaces, separate dining areas, and large private decks boasting sweeping views of Seattle’s iconic skyline and the Puget Sound. Unit 3 is a spacious one-bedroom apartment offering approximately 840 square feet of living space. Units 2 and 3 feature hardwood flooring throughout, while Unit 1 features carpeted living areas and bedrooms. The property is separately metered for electricity, with each apartment heated by electric baseboard heating. Residents also benefit from a coin-operated laundry room, off-street parking, including a covered carport and an additional uncovered parking stall, as well as a storage locker for each unit.

1001 1st Avenue N, Seattle

Listing Broker: Blake Investment Advisors; Gabe Blake; 206-618-2207; gabe@blakeia.com

1522 Taylor Avenue N, Seattle
$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 Broker: Lee & Associates Commercial RE; Sara Bago; 206-773-2674; sbago@lee-associates.com

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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