Originally built in 1968, the property has an excellent occupancy history having been fully remodeled throughout. All three units are large 2-bedroom, 1.75-bath units (approximately 1,030 SF each), giving new ownership the opportunity to acquire a stabilized asset with modern finishes in a strong rental location. Each unit is… Read More outfitted with new countertops, hardwood-style flooring, updated cabinetry, new fixtures, stainless steel appliances, and full-size washer/dryers. Residents enjoy private decks, storage options, and the convenience of four off-street parking spaces—amenities that help ensure strong tenant demand and long-term retention. With an attractive in-place CAP rate of 5.41% and no immediate renovation needs, the West Seattle Triplex offers investors durable cash flow from day one in a centrally located neighborhood with continued growth potential. Residents enjoy convenient access to major public transportation lines, providing connectivity to Downtown Seattle and surrounding employment centers. West Seattle’s continued popularity and walkability will continue to support strong tenant demand and long-term rent growth. Read Less
Listing courtesy of Paragon Real Estate Advisors
Listing Snapshot
Cumulative Days On Market
168
Days on Website
0
Last Updated
Property Type
Triplex
Square Ft.
3,090
Lot Size
0.1 Acres
Year Built
1968
Property Tax
$9,135
MLS Number
2583989
30 Days Snapshot Of 98136
$965k
-20%
(avg) sold price
22
+100%
homes sold
63
+57%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 3090, Building Area Units: Square Feet, Calculated Square Footage: 3090, Construction Materials: Cement, Stucco, Elevation Units: Feet, Leasable Area: 3090, Living Area: 0, Number Of Units Total: 3, Stories Total: 3, Structure Type: Triplex, Units In Building Total: 3, Year Built: 1968
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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