111 W Kinnear Place, Seattle, WA 98119

$1,350,000
3,467
SqFt

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Listing courtesy of Coldwell Banker Bain.

List Price
$1,350,000
Status
ACTIVE
MLS#
2532884
Price Change
▼ $240,000 1783571617
Days on Market
55
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,467
Area Total SqFt
3467
Annual Tax Ammount
14855
Internet Provider
Comcast
Lot Size (sq ft)
4,500
Sewer
Sewer Connected

Property Description

Rare Investment Opportunity on Queen Anne’s Desirable South Slope! Discover this architect-designed, multi-level triplex offering the perfect blend of historic charm, modern living & unbeatable location. Just steps from Seattle Center, restaurants, grocery stores, lush parks & many transit options, this property is a premium find for investors or owner-occupants. Unlike typical multi-family properties, this unique building avoids the "apartment feel." The main level [A] feels like a true standalone home, radiating the warmth of a 1900’s Craftsman with exquisite vintage details & a cozy, inviting atmosphere. Meanwhile, the townhome [109] added in 1986 features sleek, modern design spread across a dynamic two-level layout, where an oversized skylight floods the space with natural light, ensuring it feels bright & open. Above it all, the top level [B] has a charming, airy garret feel. Top-tier features include exceptional outdoor living, as every single unit enjoys its own private brick paved deck and a patio & fenced yard for the townhome unit. Rare urban parking for all units, including a common garage that provides parking for two units plus off-street parking for the third unit. Combined with the reliability of a highly desirable location & a track record of dependable, long-term tenants, this property is a standout. Whether you want to live in one unit and let the others pay your mortgage or add a high-performing asset to your portfolio, this Queen Anne find is a must-see!

Additional Information

List Date
2026-06-01 23:28:12
Community
Queen Anne
Net Operating Income
$28,537
Gross Adjusted Income
$56,255
Gross Scheduled Income
$56,255
Total Monthly Income
$4,975
Insurance Expenses
$4,781
Water/Sewer/Garbage Expenses
$3,887
Gross Rent Multiplier
28
Total Expenses
$27,688
Cap Rate
1.8
Total Number of Units
3
Unit Name
111
Potential Terms
Cash, Conventional
Year Built
1900
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, Patio, Rooftop Deck
Other Expenses
4165
Energy Source
Electric, Wood
School District
Seattle
Elementary School
John Hay Elementary
Middle School
Mc Clure Mid
High School
Lincoln High
Total Monthly Income
$4,975
Gross Scheduled Income
$56,255
Gross Adjusted Income
$56,255
Tax Year
2025
Insurance Expense
$4,781
W/S/G Expenses
$3,887
Total Expenses
$27,688
Net Operating Income
$28,537
Gross Rent Multiplier
28
Cap Rate
1.8
Based on information submitted to the MLS GRID as of . 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.
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