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

Welcome to the charming region of Queen Anne/Magnolia in Seattle, Washington! Nestled in King County, this picturesque area offers a perfect blend of urban convenience and natural beauty.

If you are looking for a unique living experience, Homes with 53 - Tri-plex Style in Queen Anne/Magnolia might be just what you need. These distinctive properties offer a great opportunity for investors or those looking for a multi-family living situation. With three separate units, you can enjoy the benefits of shared living while still maintaining your privacy.

Queen Anne/Magnolia is known for its stunning views of the Puget Sound, the Cascade Mountains, and the Seattle skyline. Residents here enjoy easy access to local parks, trendy boutiques, delicious dining options, and a strong sense of community. Whether you're strolling through Discovery Park, exploring the historic Queen Anne neighborhood, or admiring the architecture of Magnolia, there is always something new to discover in this vibrant region.

With a strong real estate market and a variety of housing options, Queen Anne/Magnolia is a sought-after destination for those looking to live in a dynamic and thriving community. Don't miss the opportunity to make Homes with 53 - Tri-plex Style your new home in this beautiful corner of Seattle!

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

$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.

$1,150,000

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.

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