3868 16th Avenue SW, Seattle, WA 98106
- $900,000
- 1,430
- SqFt
Listing courtesy of John L Scott RE West Seattle. Selling Office: Infinity Real Estate, LLC.
- Sold Price
- $900,000
- List Price
- $900,000
- Status
- SOLD
- MLS#
- 2479923
- Closing Date
- Jul 10, 2026
- Days on Market
- 61
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 1,430
- Area Total SqFt
- 1430
- Annual Tax Ammount
- 8106.69
- Lot Size (sq ft)
- 2,888
- Sewer
- Sewer Connected
Property Description
Tucked behind a gated entry in the heart of Industrial West Seattle, this rare offering features three stylish detached cottages on one lot—each a 1 bed / 1 bath, built new between 2021–2023. With a mix of warm cedar siding and durable Hardie plank, these homes feel crisp, modern, and practically flawless—think Perfect Walls, clean lines, and low-maintenance living.Each cottage offers its own private space while still enjoying a shared community vibe, centered around an outdoor patio and fireplace—the kind of spot tenants actually use year-round for cozy evenings and casual hangouts.An ideal setup for investors, owner-users, or anyone looking for a unique multi-home property in a prime Seattle location. Modern construction, gated privacy, and three income-producing homes all wrapped into one incredible West Seattle package.
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Additional Information
- List Date
- 2026-05-10 00:00:00
- Community
- Pigeon Point
- Net Operating Income
- $63,645
- Gross Adjusted Income
- $63,645
- Gross Scheduled Income
- $76,800
- Total Monthly Income
- $6,400
- Insurance Expenses
- $2,472
- Water/Sewer/Garbage Expenses
- $2,577
- Gross Rent Multiplier
- 11.72
- Total Expenses
- $13,155
- Cap Rate
- 7
- Total Number of Units
- 3
- Unit Name
- 3868
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1907
- Roof
- Metal
- Site Features
- Deck, Fenced-Fully, Gas Available
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,400
- Gross Scheduled Income
- $76,800
- Gross Adjusted Income
- $63,645
- Tax Year
- 2025
- Insurance Expense
- $2,472
- W/S/G Expenses
- $2,577
- Total Expenses
- $13,155
- Net Operating Income
- $63,645
- Gross Rent Multiplier
- 11.72
- Cap Rate
- 7
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.