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$989,000
2578910 MLS ACTIVE Status
Fully leased Georgetown triplex offering immediate income and compelling future upside. Currently generating $6,800/month in gross rent, this remodeled property features a desirable unit mix with an upper 3 bedroom, 1 bath residence plus two lower 2 bedroom, 1 bath units. Recent improvements include a new roof and air conditioning for all units, adding to the property’s long-term appeal and tenant comfort. Enjoy an established income stream in one of Seattle’s most distinctive neighborhoods, close to Georgetown’s vibrant dining, arts and creative scene with convenient access to I-5, SoDo and Downtown Seattle. Previously approved plans for an additional basement dwelling unit are available, presenting an exciting potential value-add opportunity subject to current permitting and buyer verification. An exceptional opportunity to acquire a fully occupied Seattle multifamily asset with income in place and long-term potential.

6620 Carleton Avenue S, Seattle

Listing courtesy of The Agency Seattle.

$1,398,000
2562087 MLS ACTIVE Status
TURNKEY GREEN LAKE TRIPLEX | NEW ROOF & GUTTERS | 3 PRIVATE GARAGES. Well-kept and fully occupied triplex delivering immediate, stable cash flow in a premier Seattle location. The Units: Three light filled, spacious homes — one 2BR/2BA and two 2BR/1BA — featuring modern finishes, updated appliances, and private secured/main level entries. Garages & Laundry: Each unit includes its own oversized private garage with non-shared laundry and a utility sink inside, plus additional on-site/off-street parking. Recent Cap Ex (2026): Brand new roof, gutters, downspouts, and fresh paint. One unit refreshed with a new kitchen, updated bath, interior paint, and a newly painted private balcony. The Lot: Fully fenced 6,663 SF lot with a large yard and private rear access via N 90th St. Location: Minutes to Green Lake, Northgate Light Rail, UW, Ballard, and Downtown Seattle with quick I 5 & Hwy 99 access. Turnkey, low maintenance, and positioned for long term tenant demand.

8848 Interlake Avenue N, Seattle

Listing courtesy of Sea to Sky Realty.

$1,799,950
2578982 MLS ACTIVE Status
This purpose-built 1998 triplex offers the cash flow of a multifamily investment without many of the maintenance concerns commonly associated with older properties. Built with modern plumbing, electrical, windows, insulation and durable fiber-cement siding, all three townhouse-style residences also feature in-unit laundry, private outdoor spaces and off-street parking. Two units offer 3 bedrooms and 2.5 baths, while the third includes 2 bedrooms and 2 baths. The desirable two-story layouts provide a more home-like feel that attracts strong market rents and encourages long-term tenancy. With more than $100,000 in annual net income and a 5.7% cap rate, this is a compelling opportunity for investors seeking immediate returns and long-term upside. Also ideal for an owner-occupant looking to offset their mortgage with rental income. The townhouse-style configuration may offer future potential for a unit-lot short subdivision or condo conversion to allow the sale of individual units—buyer to verify. Conveniently located just south of Capitol Hill with easy access to downtown, transit and neighborhood amenities.

154 18th Avenue, Seattle

Listing courtesy of Windermere RE/Capitol Hill,Inc.

$1,250,000
2570576 MLS ACTIVE Status
Prime West Seattle location within walking distance of Admiral Junction & California Ave SW sets the stage for this distinctive mid-century triplex, with easy access to neighborhood dining, shops, parks, waterfront recreation & everyday conveniences. Three separate residences feature individual entrances, spacious interiors & original architectural details. Unit 2352 offers single-level living with an open living/dining area, wood-burning brick fireplace, wood-paneled accent wall, exposed dark-stained beams, galley kitchen with pass-through breakfast bar, vaulted ceilings, clerestory windows & oak hardwood floors. Unit 2354 features a spacious two-level layout with a full-height brick fireplace, exposed beams, vaulted ceilings & expansive picture windows. Hardwood floors extend through the main-level bedroom & hallway, while the lower-level primary suite offers LVP flooring, oversized windows & a ¾ bath with tiled walk-in shower. Unit 235½ continues the mid-century character with a freestanding fireplace, slate-blue tile entry, large window-lined living room & kitchen with extensive wood cabinetry and generous counter space. Two bedrooms & a full bath complete the residence. Mature trees & lush landscaping surround the shared backyard, with fenced outdoor areas & private/reserved parking. A rare combination of location, versatility & character.

2352 49th Avenue SW, Seattle

Listing courtesy of AQUA Real Estate.

$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 courtesy of Lee & Associates Commercial RE.

$1,300,000
2574519 MLS ACTIVE Status
Unique opportunity to own a classic brick triplex on a generous 9,589 SF LR3(M) lot in Seattle's Brighton neighborhood. Featuring three 2-bedroom units, with two units on the main level and a third on the lower level, this property provides flexibility for investors, owner-occupants, or those seeking long-term upside. Additional features include a two-car garage, off-street parking, storage, and a spacious yard. Conveniently located near parks, neighborhood amenities, transit, and Link light rail, with easy access to Rainier Ave S, downtown Seattle, and surrounding areas. Continue operating as an income-producing triplex, make improvements over time, or explore the future possibilities offered by the property's LR3(M) zoning. A compelling combination of existing multifamily use, substantial land, and long-term potential in a convenient South Seattle location. Buyer/buyer's agent to verify all information.

4815 S Holly Street, Seattle

Listing courtesy of Windermere Real Estate Co..

$1,450,000
2574654 MLS ACTIVE Status
Well-maintained brick & stucco triplex in Seattle’s North College Park/Licton Springs area. Conveniently located near North Seattle College, Licton Springs Park, Green Lake, shopping, dining, I-5, Aurora Ave N/Highway 99, Northgate Station, & Link light rail. Professionally managed & carefully maintained throughout the family’s ownership, the property offers immediate rental income and long-term investment potential. Each townhome-style unit features 3 bedrooms and 1.5 baths. All tenant-occupied units are subject to final interior inspection upon mutual acceptance. The adjacent property at 9208 Ashworth Ave N is also offered for sale, creating a rare opportunity to acquire two neighboring multifamily properties for investment and possible long-term redevelopment. Buyer to independently verify zoning and development potential. Seller’s sale of 9200 Ashworth Ave N is conditioned upon the sale and closing of 9208 Ashworth Ave N. Properties may be purchased by the same or separate buyers, but both properties must close concurrently. Two Sellers are licensed California and Washington real estate brokers, and the Listing Broker is also one of the Sellers.

9200 Ashworth Avenue N, Seattle

Listing courtesy of Prime Metropolis Properties.

$1,640,000
2574655 MLS ACTIVE Status
Well-maintained brick & stucco triplex in Seattle’s North College Park/Licton Springs area. Conveniently located near North Seattle College, Licton Springs Park, Green Lake, shopping, dining, I-5, Aurora Ave N/Highway 99, Northgate Station, & Link light rail. Professionally managed & carefully maintained throughout the family’s ownership, the property offers immediate rental income and long-term investment potential. Each townhome-style unit features 2 bedrooms plus a den and 1.5 baths. All tenant-occupied units are subject to final interior inspection upon mutual acceptance. The adjacent property at 9208 Ashworth Ave N is also offered for sale, creating a rare opportunity to acquire two neighboring multifamily properties for investment and possible long-term redevelopment. Buyer to independently verify zoning and development potential. Seller’s sale of 9200 Ashworth Ave N is conditioned upon the sale and closing of 9208 Ashworth Ave N. Properties may be purchased by the same or separate buyers, but both properties must close concurrently. Two Sellers are licensed California and Washington real estate brokers, and the Listing Broker is also one of the Sellers.

9208 Ashworth Avenue N, Seattle

Listing courtesy of Prime Metropolis Properties.

$1,800,000
2575715 MLS ACTIVE Status
A truly extraordinary opportunity in the heart of West Seattle’s Fairmount Park community: three distinct residences offering the privacy and independence of individual homes on one remarkable property. Comprised of a charming 1,660 square foot single family residence plus two 1,400 square foot townhomes, the property offers approximately 4,460 square feet of living space and an uncommon combination of flexibility, income potential and long term value. Imagine living in the main home while generating income from the neighboring residences, creating a multigenerational setting, or holding all three as an investment portfolio in one exceptional location. Each residence enjoys its own identity and sense of privacy, while extensive recent improvements throughout make the entire offering feel fresh and thoughtfully cared for. Fairmount Park Elementary and Fairmount Playfield are just moments away, with the Alaska and Morgan Junctions, Camp Long, Lincoln Park, the Fauntleroy Ferry and downtown all within easy reach. Three residences. One exceptional property. Endless

5616 Fauntleroy Way SW, Seattle

Listing courtesy of Windermere Real Estate/East.

$920,500
2575131 MLS ACTIVE Status
CLASSIC PHINNEY RIDGE TRIPLEX JUST ONE BLOCK FROM THE PHINNEY/GREENWOOD BUSINESS DISTRICT. This well-maintained 1918 Craftsman features three 1-bedroom, 1-bath apartments, each with a private entrance, full kitchen and in-unit laundry. Electricity is separately metered, and tenants pay all utilities. Major improvements include updated plumbing and electrical, electrical panels, windows, French drain, renovated bathrooms, and mini-split heating & cooling in the two main-level units. Outstanding walkability to restaurants, coffee shops, Woodland Park Zoo, Green Lake, Ballard, Fremont and public transit. KEEP AS AN INVESTMENT, HOUSE HACK BY LIVING IN ONE UNIT WHILE RENTING THE OTHERS, OR EXPLORE CONVERTING BACK TO A SINGLE-FAMILY HOME. LOTS OF OPTIONS IN ONE OF SEATTLE’S MOST DESIRABLE NEIGHBORHOODS.

303 N 64th Street, Seattle

Listing courtesy of Real Broker LLC.

$1,100,000
2570689 MLS ACTIVE Status
Well-maintained three-unit triplex in Lake City, one of Seattle's most culturally diverse and affordable neighborhoods. With a Walk Score of 81, tenants enjoy immediate access to a vibrant international food scene, neighborhood retail, convenient transit, and outdoor recreation at Matthews Beach Park and Jackson Park Golf Course—all with genuine community character and pricing that avoids the premium associated with western Seattle enclaves. Composite annual rent potential reaches $93,420 post-growth, plus storage ancillary income. Multiple value-add opportunities—in-unit laundry capex, conversion optionality, and storage monetization—provide seasoned investors with flexible exit strategies. An ideal entry point for first-time multifamily buyers seeking Seattle exposure or portfolio investors looking to add proven assets in an undervalued, high-demand neighborhood.

14001 35th Avenue NE, Seattle

Listing courtesy of Pacific Crest.

$950,000
2567063 MLS ACTIVE Status
Turn-Key Ballard Investment Opportunity! Savvy investors, take note! Located in a desirable, high-demand rental pocket, this property offers an ideal blend of stability and immediate upside. The main-floor unit is extensively updated with a new kitchen & modern, durable vinyl flooring with a reliable month-to-month tenants who intend to stay. The two lower-level units are vacant and freshly renovated with newer kitchens, new carpet, paint, vinyl flooring and water heater – ready for immediate occupancy. Capital expenditures have been minimized with the 2025 investments in a new re-lined sewer to the City main, exterior paint & new water heaters. All units feature washer/dryer hookups. Property includes a large backyard and a mini-garage for storage. The location is close to transit, parks and local neighborhood amenities.

6110 8th Avenue NW, Seattle

Listing courtesy of Coldwell Banker Bain.

$1,274,995
2556712 MLS ACTIVE Status
Prime Ballard Triplex with Strong Rental Income & Value-Add Potential! Well-maintained income property featuring two spacious 2-bedroom, 1.75-bath units (approximately 1,430 SF each) and a lower-level studio (approximately 540 SF), generating $84,600 in annual rental income. Long-term tenants provide stable cash flow with upside through future rent adjustments. Utilities are included in rent, making this an attractive investment with consistent occupancy history. Ideally located near downtown Ballard, Golden Gardens, shopping, dining, parks, transit, and major commuter routes. Whether you're adding to your portfolio or seeking a long-term investment in one of Seattle's most desirable neighborhoods, this property offers immediate income, future upside, and excellent appreciation potential.

6013 4th Avenue NW, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

$1,150,000
2552878 MLS ACTIVE Status
Welcome to this well-positioned investment opportunity in the heart of Seattle's trendy Ballard neighborhood. Located at 824 NW 64th Street, this charming triplex offers a compelling mix of rental income and neighborhood appeal. Constructed in 1968, the building features three units — two approximately 875 sq. ft. (2 bed / 1 bath) and one at roughly 1,100 sq. ft. (2 bed / 1 bath) — totaling about 2,850 sq. ft. of rentable space. The lot spans approximately 5,000 sq. ft. and is zoned NR3, offering future flexibility. The property includes a two car garage and a spacious backyard. The property is within walking distance of Ballard's vibrant nightlife including restaurants and breweries.

824 NW 64th Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,150,000
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 courtesy of Engel & Voelkers Seattle DT.

$1,250,000
2542614 MLS ACTIVE Status
Welcome to this prime Ballard triplex, an exceptional opportunity for investors looking for a well-maintained, income-producing asset in a highly walkable and sought-after Seattle neighborhood. Currently fully tenant-occupied, rents in two units were recently increased to closely reflect current market value, offering a solid foundation with a clear path for continued growth. Two of the units were fully renovated, and every unit comes fully equipped with a range, refrigerator, and dishwasher for everyday convenience. Beyond the individual living spaces, the property features shared on-site coin laundry facilities and two garage spaces, adding significant value and the potential for additional parking or storage revenue. Situated in an incredibly walkable Ballard location, residents have easy access to the neighborhood's renowned dining, shopping, and entertainment. This is a rare chance to own a fully occupied, well-performing asset with clear upside in one of Seattle's strongest rental markets.

5506 7th Avenue NW, Seattle

Listing courtesy of COMPASS.

$1,150,000
2533338 MLS ACTIVE Status
Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Buyer to verify all information to their satisfaction.

118 27th Avenue S, Seattle

Listing courtesy of Keller Williams Realty Bothell.

$799,950
2527876 MLS ACTIVE Status
Exceptional fully rented triplex offering immediate rental income and long-term investment potential with zoning for up to 4 units. This income-generating property has a strong rental history with reliable tenants and low vacancy, making it a smart addition to any investment portfolio. The versatile floorplan includes a spacious upper 3-bedroom, 2-bath unit along with two lower-level units, creating multiple streams of income and future owner-occupant flexibility. Each unit features its own washer and dryer for added tenant convenience. Significant updates include a newer roof installed in 2018 and a new sewer line completed in 2021. The property also offers abundant off-street parking, a valuable feature for tenants and guests alike. Ideally situated near I-5, Hwy 99, downtown Seattle, SODO, Burien, and Sea-Tac Airport, this location provides quick access to major job centers, public transportation, shopping, dining, and everyday amenities. With continued growth and rental demand throughout the Seattle area, this turnkey multifamily property combines stable cash flow, strong location appeal, and future development possibilities in one compelling investment opportunity.

10033 Des Moines Memorial Drive S, Seattle

Listing courtesy of John L. Scott, Inc.

$2,250,000
2515956 MLS ACTIVE Status
Stately Eastlake Craftsman Triplex with amazing Lake Union, Mountains, Space Needle, and downtown views! Three complete distinct sizeable homes, each on individual floors! This Architectural Gem features expansive grand living and dining rooms with classic Craftsman style coved and beamed ceilings, picture molding, some original light fixtures, hardware, and polished hardwood floors that fill the main rooms of this impressive property. Brick mantled fireplaces with decorative timber finish occupy 2 of the units living rooms. Updated kitchens in each unit with newer appliances are adjacent to light and bright family rooms. Every bedroom is oversized with good closet space, and plenty of light. Additionally, each unit has 2-upgraded-bathrooms, with a combination of tubs and walk-in showers. Private viewing decks off of each home's family room. Alley-adjacent parking includes a RARE 2 CAR GARAGE plus 3 uncovered spaces, total 5 cars. Top floor IN-UNIT laundry, plus spacious updated laundry room in basement. MIDRISE ZONED PROPERTY (MR) offers development potential (7 stories) with major enhancement of 180 degree city/lake/mountain views. A certified property survey is included.

2025 Boylston Avenue E, Seattle

Listing courtesy of Windermere RE West Campus Inc.

$945,000
2518454 MLS ACTIVE Status
Rare and versatile opportunity in the highly desirable Ballard / West Woodland neighborhood. This well-located triplex at 4903 3rd Ave NW offers a unique combination of immediate rental income and future flexibility. The property currently operates as a triplex but presents a rare and relatively straightforward opportunity to convert the structure back into a spacious single-family residence if desired. The building’s layout and single-structure configuration make it well suited for a buyer looking to reimagine the property as a large custom home, while still maintaining the option to generate rental income in the meantime. For investors, the existing units provide steady income potential in one of Seattle’s strongest rental markets. For owner-occupants or builders, the property offers the chance to create a substantial single-family home in a premier neighborhood without starting from the ground up. Ideally located just minutes from Ballard, Fremont, Green Lake, and Woodland Park, with easy access to shops, restaurants, parks, and major commuter routes. Opportunities like this—combining location, income potential, and future conversion flexibility—are increasingly rare in this sought-after Seattle neighborhood. A truly flexible property with long-term upside for investors, developers, or homeowners looking to create their dream residence.

4903 3rd Avenue NW, Seattle

Listing courtesy of Synergy Mrgrs & Acq. LLC.

$1,550,000
2510937 MLS ACTIVE Status
LIMITED TIME 4.99% INTEREST RATE. Modern Georgetown triplex offering flexibility for rentals or STR strategies. Built by a 2025 Best Homebuilder in the Pacific Northwest, each unit features private en-suite baths, energy-efficient systems, abundant natural light, EV-ready parking, and private outdoor space. Located just steps from Georgetown’s restaurants, breweries, and shops, with quick access to downtown Seattle, I-5, and Hwy 99. Well-positioned for stable in-place income today with additional upside potential through mid-term or short-term rental strategies during major events, including World Cup. Clean, low-maintenance asset in one of Seattle’s most dynamic urban neighborhoods. Agent on site Thursday & Friday 3pm-6pm

6725 Carlton Avenue Unit #A,B,C, Seattle

Listing courtesy of Real Broker LLC.

$749,995
2497011 MLS ACTIVE Status
South Park income-producing property featuring a beautifully updated Northwest Contemporary home with a basement apartment and detached DADU, offering excellent potential for rental income. The main home showcases vaulted ceilings with exposed beams, warm wood flooring, and abundant natural light. The chef’s kitchen is designed for both style and function with quartz countertops, stainless appliances, farmhouse sink, live-edge shelving, pantry, breakfast bar, and a huge quartz center island, along with skylights that create a bright, inviting space perfect for entertaining. Flexible living includes a main floor bedroom or office, full bath, and main-level laundry. Upstairs you’ll find a spacious primary suite with a walk-in closet and relaxing bathroom with jetted tub. The property also features two income-producing units: a lower-level apartment with kitchen, living room, den, private laundry and bath, plus a detached industrial-style DADU with loft, kitchen, bath and private laundry. Outdoor spaces include a walkout deck, private patio, and thoughtfully designed garden seating areas, along with RV parking, carport, and parking for up to five vehicles. Located in a central South Park location, this rare opportunity is ideal for investors or buyers seeking rental income to offset their mortgage.

1053 S Southern Street, Seattle

Listing courtesy of RE/MAX Extra Inc..

$1,216,800
2489986 MLS ACTIVE Status
Investor-Ready Cash-Flowing Triplex in Meadowbrook’s LR3(M) Growth Zone Fully stabilized 1960 triplex in northeast Seattle’s Meadowbrook neighborhood. Each of the three identical 3-bed/1-bath units is 1,100 SF and leased through 2026-2028. Tenants pay all utilities (electric directly; sewer/water/garbage via RUBS). Each unit has separate laundry, and the property includes seven off-street parking spaces. Capital Improvements (2019–2026): New SquareD panels, GFCI bath/kitchen upgrades, dedicated appliance/bath circuits, targeted heater replacements, PEX refit in Apts. A/C, bathtub re-plumbing, new toilets, new water heaters, new carpet/vinyl flooring, newer kitchen/bath cabinets, appliances, window coverings, interior paint, redirected drainage, and vinyl windows. Deferred maintenance addressed; capex schedule available. Location & Zoning Upside: Meadowbrook (98125) offers residential character and LR3(M) density upside. Rapid bus lines are within a 5-minute walk, Northgate light rail is about a 10-minute drive, and the Burke-Gilman Trail is nearby. Lake City Way adds nearby retail and dining convenience. Target Buyer: Small investor seeking stable cash flow or portfolio buyer consolidating LR3(M)-zoned assets. Clean title, clean books, clean systems. Boundary survey completed in 2018, adding due diligence value.

12317 35th Avenue NE, Seattle

Listing courtesy of MLS4owners.com.

$1,377,500
2433334 MLS ACTIVE Status
Exceptional Investment Opportunity in South Seattle! Three neighboring homes on two separate parcels—available together for one owner. This rare setup offers flexibility to rent, sell, condominium-ize, or occupy individually. Each home has its own water and electrical meter and services. One home was newly—built in 2024, offering modern finishes and turnkey appeal. Other wo houses were remodeled in 2018. All furnishing are included so the new owner can continue with the on-going short/mid term rentals into the busy summer season. New owner can also live in one house and have the income from the other houses to cover a big part of the mortgages. If condominium is recorded at the County, new owner can immediately sell three houses separatel

10653 10655 22nd Place S, Seattle

Listing courtesy of 5 Corners Realty LLC.

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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