Interbay Homes with Deck Site features

Interbay Homes with Deck Site features

Welcome to Interbay, a vibrant neighborhood nestled in the heart of Seattle, Washington. Known for its unique blend of urban convenience and natural beauty, Interbay offers residents an exceptional quality of life. This charming area is bordered by the stunning waters of Elliott Bay to the west and the lush greenery of Discovery Park to the north, providing an idyllic backdrop for outdoor enthusiasts and city dwellers alike.

Interbay is characterized by its eclectic mix of residential options, including modern condos, charming bungalows, and spacious single-family homes, many of which boast impressive deck sites. Imagine sipping your morning coffee or hosting weekend barbecues on your private deck, all while enjoying breathtaking views of the Seattle skyline or the serene Puget Sound. These outdoor spaces are perfect for entertaining friends or simply unwinding after a long day.

The neighborhood is also home to a variety of parks, shops, and restaurants, ensuring that residents have everything they need right at their fingertips. The nearby Interbay Golf Center offers a perfect escape for golf enthusiasts, while the close proximity to downtown Seattle means that cultural attractions, shopping, and dining are just a short drive or light rail ride away.

With its welcoming community atmosphere and a perfect blend of urban and natural elements, Interbay is an ideal place to call home. Whether you’re a first-time buyer or looking to upgrade, this neighborhood offers an array of homes with deck sites that cater to your lifestyle needs. Explore Interbay and discover the charming lifestyle that awaits you in this remarkable Seattle enclave!

Newest Interbay Homes with Deck Site features

$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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