Located in one of Seattle's most sought-after neighborhoods, this charming Eastlake property presents a rare opportunity for both investors and owner-occupants. Perfectly positioned just minutes from Lake Union, downtown Seattle, South Lake Union, and Capitol Hill, the property benefits from Eastlake's unbeatable walkability, vibrant restaurant scene, coffee shops, waterfront access,… Read More and convenient transit connections. The property has a long history of strong occupancy and consistently attracts high-quality tenants thanks to its highly desirable location and neighborhood appeal. Eastlake remains one of Seattle's most resilient rental markets, known for low vacancy and strong rental demand driven by nearby tech and medical employment centers. Currently configured as a legal triplex, the property offers flexible income-producing potential with the opportunity for owner-occupancy while offsetting expenses through rental income. The property also includes additional shared storage and laundry space, along with valuable future upside through its LR2(M) zoning and development potential. Whether you are looking for a stable investment property, a future development opportunity, or a home in one of Seattle's most amenity-rich neighborhoods, this Eastlake property offers exceptional long-term value in a premier location. Read Less
Listing courtesy of Pacific Crest
Listing Snapshot
Cumulative Days On Market
1
Days on Website
1
Last Updated
Property Type
Triplex
Square Ft.
1,760
Lot Size
0.08 Acres
Year Built
1909
Property Tax
$12,438
MLS Number
2532062
30 Days Snapshot Of 98102
$1.06M
-2%
(avg) sold price
24
-25%
homes sold
80
+31%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 1760, Building Area Units: Square Feet, Calculated Square Footage: 1760, Elevation Units: Feet, Leasable Area: 1760, Living Area: 0, Number Of Units Total: 3, Stories Total: 1, Structure Type: "Triplex", Units In Building Total: 3, Year Built: 1909
Site Features: Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio
Roof
Roof: "Composition"
Sewer
Sewer: "Sewer Connected", Sewer Company: City of Seattle
Utilities
Electric Expense: 900, Fuel Expense: 0, Power Company: Puget Sound, Power Production Type: "Electric", "Natural Gas", Water Company: City of Seattle, Water Source: "Public"
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. Listings last updated on ,
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