Seattle WA 53 - Tri-plex Style Homes for Sale

Prime investment opportunity in the heart of Ballard! This spacious tri-plex offers an exceptional opportunity for investors or owner-occupants seeking strong rental income in one of Seattle's most sought-after neighborhoods. Each residence is full of character, featuring cozy fireplaces and thoughtfully designed floor plans. The two upper-level units offer spacious two-story layouts with two bedrooms, two bathrooms, private laundry rooms, oversized garages, and a primary ensuite with a dedicated den or home office on the lower level. The lower-level unit features two bedrooms, one bathroom, and its own in-unit laundry.Two of the three units have been recently remodeled with beautifully updated kitchens and bathrooms, enhancing both style and rental appeal. A partially fenced backyard provides additional outdoor space for residents to enjoy. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the others, this property offers outstanding flexibility and long-term potential in an unbeatable Ballard location. Please do not disturb the tenants.

816 NW 60th St, Seattle

Listing courtesy of Olympic View Realty.

$1,274,995

2556712 MLS ⋅ ACTIVE Status

Prime Ballard Triplex with Strong Rental Income & Value-Add Potential! Well-maintained income property featuring two spacious 2-bedroom, 1.75-bath units (approximately 1,430 SF each) and a lower-level studio (approximately 540 SF), generating $84,600 in annual rental income. Long-term tenants provide stable cash flow with upside through future rent adjustments. Utilities are included in rent, making this an attractive investment with consistent occupancy history. Ideally located near downtown Ballard, Golden Gardens, shopping, dining, parks, transit, and major commuter routes. Whether you're adding to your portfolio or seeking a long-term investment in one of Seattle's most desirable neighborhoods, this property offers immediate income, future upside, and excellent appreciation potential.

6013 4th Avenue NW, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

$969,000

2551090 MLS ⋅ ACTIVE Status

Classic Phinney Ridge triplex in one of Seattle's most sought-after neighborhoods. Perched above the street just one block from the vibrant Phinney/Greenwood business district, this well-maintained 1918 Craftsman features three 1-bedroom, 1-bath apartments, each with a private entrance, full kitchen, in-unit laundry, separately metered electricity, and tenants pay all utilities. Major capital improvements include updated plumbing & electrical, electrical panels, windows, French drain, mini-split heating & cooling in the two main-level units, and renovated bathrooms. Outstanding walkability to neighborhood restaurants, coffee shops, Woodland Park Zoo, Green Lake, Ballard, Fremont, and public transit. Rare opportunity to own a classic Seattle investment property in an exceptional location.

303 N 64th Street, Seattle

Listing courtesy of Real Broker LLC.

$1,400,000

2553970 MLS ⋅ PENDING Status

First time on the market in over 60 years. Built in 1962 by the current owner's grandfather and held in the same family ever since, this three-unit apartment building sits on a quiet residential street between the Fremont and Wallingford commercial cores. Two 2-bedroom units and one 3-bedroom unit total 3,900 gross square feet on a 5,558 square foot NR3 lot. Units are generous and townhouse-style, averaging over 1,200 square feet, with the largest at 1,490. Two units have interior staircases leading to private storage and the common laundry room. Building systems are sound: all copper plumbing, double-pane vinyl windows and electric baseboard heat. The south elevation was resided and the whole building painted approximately six years ago. The pitched torch-down roof is approximately 30 years old and has been maintained annually. Clear path to add value: kitchens and baths are original and ready for updating, and there is space to add in-unit washers and dryers. Five parking spaces including one covered stall. One unit is currently vacant and staged, equally suiting an owner-user who wishes to occupy one unit and improve the balance of the building over time. Walk to Gas Works Park, the Burke-Gilman Trail and the ship canal, with quick access to the Google and Adobe campuses, South Lake Union and downtown Seattle.

3637 Woodlawn Avenue N, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,150,000

2552878 MLS ⋅ ACTIVE Status

Welcome to this well-positioned investment opportunity in the heart of Seattle's trendy Ballard neighborhood. Located at 824 NW 64th Street, this charming triplex offers a compelling mix of rental income and neighborhood appeal. Constructed in 1968, the building features three units — two approximately 875 sq. ft. (2 bed / 1 bath) and one at roughly 1,100 sq. ft. (2 bed / 1 bath) — totaling about 2,850 sq. ft. of rentable space. The lot spans approximately 5,000 sq. ft. and is zoned NR3, offering future flexibility. The property includes a two car garage and a spacious backyard. The property is within walking distance of Ballard's vibrant nightlife including restaurants and breweries.

824 NW 64th Street, Seattle

Listing courtesy of John L. Scott, Inc.

$999,975

2552312 MLS ⋅ PENDING INSPECTION Status

205 26th Ave E is a classic Madison Park triplex — three two-bedroom units, generating steady cash flow instantly, with original condition throughout that puts real upside within reach. Renovate unit by unit and push rents toward market as leases turn over (currently month to month), or take the whole building through a full remodel to maximize long-term value — updated finishes and dedicated parking carry a clear rent premium. Set in Madison Park, one of Seattle's most desirable and supply-constrained lakeside neighborhoods, the building offers alley-accessed off-street parking—sought after in this neighborhood— in a rental submarket that has consistently supported strong occupancy and rents, with limited new supply to compete against. The sale is paired with the sister triplex next door at 201 26th Ave E (MLS #2552312), each contingent on the other, so a buyer takes down three income-producing units immediately, with the option to renovate for stronger returns, plus the added long-term upside of the combined corner site's LR3 development potential should redevelopment be the directon you want to take the property. Value-add triplexes with cash flow already in place and this much room to grow rarely come available in this pocket of Seattle. Unit 201 is Owner Occupied.

201 26th Avenue E, Seattle

Listing courtesy of Windermere RE/Capitol Hill,Inc.

$999,975

2552318 MLS ⋅ PENDING INSPECTION Status

201 26th Ave E is a classic Madison Park corner triplex — three two-bedroom units, two generating steady cash flow instantly with leases currently month to month, plus a third unit that is owner-occupied and will be delivered vacant at closing, an immediate opportunity to bring a full unit to market rent with no lease-turnover wait. Original condition throughout puts real upside within reach: renovate unit by unit and push rents toward market, or take the whole building through a full remodel to maximize long-term value — updated finishes and dedicated parking carry a clear rent premium. Set in Madison Park, one of Seattle's most desirable and supply-constrained lakeside neighborhoods, the building sits on the corner of 26th Ave E and E John St with alley-accessed off-street parking—sought after in this neighborhood—in a rental submarket that has consistently supported strong occupancy and rents. The sale is paired with the sister triplex at 205 26th Ave E (MLS #2552318), each contingent on the other, so a buyer takes down all three units immediately, two cash-flowing and one ready to lease at market, with the option to renovate for stronger returns, plus the added long-term upside of the combined corner site's LR3 development potential should redevelopment be the direction you want to take the property. Value-add corner triplexes with cash flow already in place and this much room to grow rarely come available in this pocket of Seattle.

205 26th Avenue E, Seattle

Listing courtesy of Windermere RE/Capitol Hill,Inc.

$1,200,000

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.

$1,475,000

2549145 MLS ⋅ ACTIVE Status

The property has a unique unit mix comprised of a 1BD/1BTH unit with a patio, a 2BD/2BTH unit with a deck and a penthouse unit that is a 2BD/2BTH plus an office loft. The penthouse is a townhouse style unit with a deck off the main floor and a second deck on the roof with an office attached to it. The middle unit has peak-a-boo views of Lake Union and the penthouse main floor deck and rooftop deck have panoramic 180 degree views of Lake Union, Downtown Seattle, and Gas Works Park. The penthouse unit is perfect for an owner-occupant or can be rented for significant rental income. The property provides opportunities to add value and capture significant rental upside by performing cosmetic touches to the well maintained, spacious units. The ground level 1BD/1BTH is believed to be a non-conforming unit. The Eastlake neighborhood is in a central location as it is only a 5-minute drive to Downtown, The University of Washington, Capitol Hill, and Queen Anne. The property is located one block off Eastlake Ave E where residents enjoy an array of shops, services, and dining options.

2215 Yale Ave E, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,300,000

2542614 MLS ⋅ ACTIVE Status

Welcome to this prime Ballard triplex, an exceptional opportunity for investors looking for a well-maintained, income-producing asset in a highly walkable and sought-after Seattle neighborhood. Currently fully tenant-occupied, rents in two units were recently increased to closely reflect current market value, offering a solid foundation with a clear path for continued growth. Two of the units were fully renovated, and every unit comes fully equipped with a range, refrigerator, and dishwasher for everyday convenience. Beyond the individual living spaces, the property features shared on-site coin laundry facilities and two garage spaces, adding significant value and the potential for additional parking or storage revenue. Situated in an incredibly walkable Ballard location, residents have easy access to the neighborhood's renowned dining, shopping, and entertainment. This is a rare chance to own a fully occupied, well-performing asset with clear upside in one of Seattle's strongest rental markets.

5506 7th Avenue NW, Seattle

Listing courtesy of COMPASS.

$1,092,500

2543891 MLS ⋅ ACTIVE Status

Classic craftsman triplex rich with all of the charming details you dream of - original woodwork, built-ins, oversized windows & high-ceilings. Set in a 10/10 location with a park as your backyard, Ballard's brewery district & endless other options for fun & dining right out your doorstep, & easy access to public transportation & the Gilman Trail. The primary home is a duplex plus a detached cottage & garage. Washer/dryer in all 3 units & potential to develop the attic into a 4th unit (buyer to verify). One of the few remaining original properties in the area that has not been redeveloped. Fully occupied with consistent long-term tenants, & seldom vacancies are always filled immediately. Inspection report and sewer scope available upon request. Long-standing tenants with two leases expiring summer 2026 & one in Jan 2027. Each tenant pays the following monthly utility fee in addition to rent: Unit 908 - $160/mo, Unit 910 - $115/mo, Unit 908 1/2 - $90/mo.

910 NW 52nd Street, Seattle

Listing courtesy of John L. Scott, Inc.

$950,000

2535881 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status

Imagine buying your first home and having two tenants help pay your mortgage every month. For the first time ever, this triplex is being offered by its original owner—a rare opportunity to build wealth through real estate while enjoying the comfort of homeownership. Instead of purchasing a traditional townhome and carrying the full mortgage yourself, live in the spacious two-story 3-bedroom, 1.5-bath owner's unit and collect rental income from two additional 2-bedroom, 1-bath units to help offset your monthly housing costs.The owner's unit offers the privacy and feel of a townhome, with living, dining, and kitchen spaces on the main floor and generously sized bedrooms upstairs. Whether you're a first-time buyer looking to lower your housing expenses or an investor seeking strong rental income, this property offers immediate earning potential from day one. Additional features include a shared laundry room, three designated parking spaces, ample street parking, and a roof replaced just five years ago for added peace of mind. Conveniently located near shopping, dining, public transit, and within walking distance of light rail access, this property combines lifestyle, convenience, and investment potential.

3317 Claremont Avenue S, Seattle

Listing courtesy of KW Greater Seattle.

$1,150,000

2533338 MLS ⋅ ACTIVE Status

Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Buyer to verify all information to their satisfaction.

118 27th Avenue S, Seattle

Listing courtesy of Keller Williams Realty Bothell.

$1,350,000

2532884 MLS ⋅ ACTIVE Status

Rare Investment Opportunity on Queen Anne’s Desirable South Slope! Discover this architect-designed, multi-level triplex offering the perfect blend of historic charm, modern living & unbeatable location. Just steps from Seattle Center, restaurants, grocery stores, lush parks & many transit options, this property is a premium find for investors or owner-occupants. Unlike typical multi-family properties, this unique building avoids the "apartment feel." The main level [A] feels like a true standalone home, radiating the warmth of a 1900’s Craftsman with exquisite vintage details & a cozy, inviting atmosphere. Meanwhile, the townhome [109] added in 1986 features sleek, modern design spread across a dynamic two-level layout, where an oversized skylight floods the space with natural light, ensuring it feels bright & open. Above it all, the top level [B] has a charming, airy garret feel. Top-tier features include exceptional outdoor living, as every single unit enjoys its own private brick paved deck and a patio & fenced yard for the townhome unit. Rare urban parking for all units, including a common garage that provides parking for two units plus off-street parking for the third unit. Combined with the reliability of a highly desirable location & a track record of dependable, long-term tenants, this property is a standout. Whether you want to live in one unit and let the others pay your mortgage or add a high-performing asset to your portfolio, this Queen Anne find is a must-see!

111 W Kinnear Place, Seattle

Listing courtesy of Coldwell Banker Bain.

$1,149,000

2532062 MLS ⋅ ACTIVE Status

Ask about seller-paid 2% rate buydown potentially providing 5% interest 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, 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.

267 E Newton Street, Seattle

Listing courtesy of Pacific Crest.

$799,950

2527876 MLS ⋅ ACTIVE Status

Exceptional fully rented triplex offering immediate rental income and long-term investment potential with zoning for up to 4 units. This income-generating property has a strong rental history with reliable tenants and low vacancy, making it a smart addition to any investment portfolio. The versatile floorplan includes a spacious upper 3-bedroom, 2-bath unit along with two lower-level units, creating multiple streams of income and future owner-occupant flexibility. Each unit features its own washer and dryer for added tenant convenience. Significant updates include a newer roof installed in 2018 and a new sewer line completed in 2021. The property also offers abundant off-street parking, a valuable feature for tenants and guests alike. Ideally situated near I-5, Hwy 99, downtown Seattle, SODO, Burien, and Sea-Tac Airport, this location provides quick access to major job centers, public transportation, shopping, dining, and everyday amenities. With continued growth and rental demand throughout the Seattle area, this turnkey multifamily property combines stable cash flow, strong location appeal, and future development possibilities in one compelling investment opportunity.

10033 Des Moines Memorial Drive S, Seattle

Listing courtesy of John L. Scott, Inc.

$870,000

2530515 MLS ⋅ PENDING SHORT SALE Status

7542 Roosevelt Way NE, Seattle

Listing courtesy of RE/MAX Northwest.

$1,450,000

2530094 MLS ⋅ ACTIVE Status

5026 20th Ave NE (University Manor) is a high-performing triplex in the heart of the U-District, very short walk to UW and U-Village! The property includes: 8-bed/3-bath 3,000 SF main unit $7,300/mo 1-bed/1-bath 525 SF unit $1,350/mo Studio 525 SF unit $1,150/mo Strong, stable cash flow with a long history of student demand and low vacancy. Main house features Private rooms, 2 kitchens, common laundry, off-street parking, and large storage. Many renovations/upgrades done over the years to keep this property running smooth.

5026 20th Avenue NE, Seattle

Listing courtesy of Keller Williams Realty Bothell.

$1,350,000

2528658 MLS ⋅ ACTIVE Status

Welcome to this seaside West Seattle tri-plex with views! Great investment opportunity in this street-to-street corner lot with Sound & Olympic Mountain views. The CUTE and well-maintained units include TWO: 2 bed/1bath units with fireplaces, attached garages plus off-street parking and ONE: studio unit. Each unit has dedicated outdoor patios or garden space, plus all units share the front lawn with views. Shared laundry room & basement storage. One unit is clean & vacant ready to rent or is perfect for the savvy owner occupant. Land bank for future development potential with LR2 (M) zoning. Tenants will enjoy accessibility to waterfront parks, restaurants, shopping, Alki Beach, & transit.

3604 Beach Drive SW, Seattle

Listing courtesy of Windermere West Metro.

$1,370,000

2525633 MLS ⋅ SOLD Status

Premier Magnolia Triplex Featuring Expansive 2BR Floorplans & Iconic Seattle Views Located at the end of a quiet Magnolia cul-de-sac, 2215 W Raye St presents a rare opportunity to acquire a meticulously maintained and extensively updated triplex featuring oversized two-bedroom floor-plans, sweeping Elliott Bay and city views, and strong in-place cash flow. Originally built in 1965, the property has benefited from major upgrades including copper plumbing supply lines, double-pane vinyl windows, new exterior paint, and renovated unit interiors featuring luxury vinyl plank flooring, updated tile work, and upgraded appliances. The property consists of one 2BR/1BA unit totaling approximately 1,195 SF and two spacious 3BR/1.5BA units averaging approximately 1,244 SF. Each residence offers fireplaces, formal dining rooms, large covered view decks, private in-unit laundry, and highly functional layouts that create a true single-family home feel. The upper two units enjoy panoramic Elliott Bay, Seattle skyline, and Mount Rainier views. The property also offers four dedicated parking stalls plus an attached two-car garage and is ideally located just moments from Bayview Park, Downtown Magnolia’s shops and restaurants, and convenient access to Downtown Seattle, South Lake Union, Queen Anne, Fremont, and Ballard.

2215 W Raye Street, Seattle

Listing courtesy of Westlake Associates, Inc.. Selling Office: Windermere Real Estate/East.

$750,000

2525094 MLS ⋅ PENDING Status

This property is on LR3 zone with 6,000 sqft. It includes a triplex with 3 rental units and a backyard land. It's a rare LR3 development opportunity in Seattle’s growing South Park neighborhood with an existing triplex generating income while future redevelopment plans are explored. Potential options may include retaining existing structure with additional rear townhouse/condo development or full site redevelopment for higher-density townhome project , up to 8 townhomes (buyer to verify). Excellent opportunity for builders, developers, and long-term investors. Convenient access to Downtown Seattle, Georgetown, Boeing Field, Hwy 99 & I-5.

527 S Sullivan Street, Seattle

Listing courtesy of Pacific Dream Home Realty.

$860,000

2521049 MLS ⋅ ACTIVE Status

**New Price** Discover the investment potential of this well-located Seattle triplex! Fully occupied Seattle triplex offering immediate income and long-term investment upside in the Rainier Valley corridor. Two 1BR/1BA units plus a spacious 3BR/2BA provide diversified rental income, with in-place base rents offering potential for future growth as leases and applicable regulations allow. SIX off-alley parking spaces provide a rare and valuable amenity, enhancing tenant convenience and long-term rental appeal. Each unit includes range/oven, refrigerator, dishwasher, and washer/dryer. Documented multi-year maintenance history reflects consistent property care and upkeep. Conveniently located between Hillman City and Brighton with access to Rainier Ave S, I-5, I-90, light rail, transit, parks, neighborhood amenities and major employment centers. An attractive opportunity for investors or 1031 exchange buyers seeking an occupied Seattle multifamily asset with income from day one and future optimization potential. Financials, rent roll, and maintenance records available for buyer review. Buyer to verify financial information and comply with existing leases and applicable landlord-tenant requirements.

4207 S Bateman Street, Seattle

Listing courtesy of eXp Realty.

$995,000

2520058 MLS ⋅ SOLD Status

LOWEST PRICED TRIPLEX ON THE MARKET. The Ballard Triplex is ideally located just north of downtown Ballard, offering exceptional walkability to a wide range of neighborhood amenities. The property consists of two 2-bedroom / 1-bath units and one 1-bedroom + den / 1-bath unit. Originally built in 1917, this classic Craftsman blends historic character with thoughtful updates throughout. The main floor unit showcases hardwood floors, original built-ins, and a box beam ceiling, blending classic character with everyday functionality. The top floor unit retains much of its original charm as well, and benefits from abundant natural light throughout. The lower two bedroom unit has been updated with new flooring along with a modernized kitchen and bathroom. The property has also been improved with double pane vinyl windows, modern electrical panels, and copper plumbing. The property backs to a quiet alley and offers three off-street parking spaces plus a garage. Mature landscaping adds to the curb appeal enhancing the overall presentation. Two of the three units are currently vacant, creating a compelling opportunity for an owner-occupant or investor to reposition rents and add value.

2246 NW 63rd, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: COMPASS.

$1,600,000

2520131 MLS ⋅ PENDING Status

Rare opportunity to own a front-row triplex on iconic Alki Ave SW with panoramic Puget Sound and Olympic Mountain views just steps from the beach. This classic West Seattle property blends timeless character with thoughtful updates, offering bright interiors, expansive picture windows, updated kitchens, comfortable living spaces, and incredible natural light throughout. Multiple units capture stunning water views, creating an unmatched coastal living experience in one of Seattle’s most sought-after waterfront neighborhoods. Enjoy morning walks along Alki Beach, waterfront dining, local cafés, parks, and unforgettable sunsets right outside your door. Private outdoor spaces, a detached two-car garage, convenient alley access, and rare off-street parking add exceptional functionality in this premier waterfront setting. Flexible layouts and prime zoning create outstanding long-term upside and future development potential.

2810 Alki Avenue SW, Seattle

Listing courtesy of Windermere Real Estate Co..

$995,000

2518454 MLS ⋅ ACTIVE Status

Rare and versatile opportunity in the highly desirable Ballard / West Woodland neighborhood. This well-located triplex at 4903 3rd Ave NW offers a unique combination of immediate rental income and future flexibility. The property currently operates as a triplex but presents a rare and relatively straightforward opportunity to convert the structure back into a spacious single-family residence if desired. The building’s layout and single-structure configuration make it well suited for a buyer looking to reimagine the property as a large custom home, while still maintaining the option to generate rental income in the meantime. For investors, the existing units provide steady income potential in one of Seattle’s strongest rental markets. For owner-occupants or builders, the property offers the chance to create a substantial single-family home in a premier neighborhood without starting from the ground up. Ideally located just minutes from Ballard, Fremont, Green Lake, and Woodland Park, with easy access to shops, restaurants, parks, and major commuter routes. Opportunities like this—combining location, income potential, and future conversion flexibility—are increasingly rare in this sought-after Seattle neighborhood. A truly flexible property with long-term upside for investors, developers, or homeowners looking to create their dream residence.

4903 3rd Avenue NW, Seattle

Listing courtesy of Synergy Mrgrs & Acq. LLC.

$1,395,000

2514034 MLS ⋅ PENDING Status

Classic West Seattle Charm, a rare Multi-Family Opportunity in Alki. Discover a perfect blend of vintage character and modern potential in the heart of Seattle’s iconic Alki district. Just blocks from the salty breeze and vibrant energy of Alki Beach, this 1920s residence offers a massive 2,850 square feet of living space, thoughtfully configured for maximum versatility. The property features a strategic layout designed for both privacy and community. The upstairs unit serves as the primary retreat, offering 3 bedrooms and 1 bath, highlighted by an expansive outdoor deck—perfect for soaking in the neighborhood's relaxed atmosphere or hosting summer gatherings after a day on the waterfront. Below, you will find two additional units, each featuring 2 bedrooms and 1 bath, with their own dedicated private patios. Whether you are looking to bolster your investment portfolio or create a unique multi-generational compound, this property stands as a canvas for your vision. The home retains the sturdy soul of its 1920 construction, featuring a spacious floor plan that is increasingly difficult to find in West Seattle’s competitive market. Situated on a 4,000 square foot lot, the location is unparalleled. Enjoy effortless access to the Alki Trail, local dining favorites, and the scenic Water Taxi for a quick, beautiful commute to Downtown Seattle. Embrace the quintessential Pacific Northwest lifestyle where historic charm meets the limitless potential of a premier community.

2434 55th Avenue SW, Seattle

Listing courtesy of Knipe Realty ERA Powered.

$1,650,000

2514329 MLS ⋅ ACTIVE Status

Perched on the coveted west slope of Queen Anne, this view triplex delivers space, flexibility, and long-term upside. Each residence feels like its own private home, complete with individual entries and generous floorplans. The lower unit offers 2 bedrooms and 1 bath across 1,200 sq ft, while the middle and upper units expand to 1,300 sq ft with 2 bedrooms, 1.75 baths, and stunning wrap-around decks capturing territorial and sunset views. Four garage parking spots, quiet residential setting, and a 6,000 sq ft L1-zoned lot create multiple pathways—hold as a strong rental, live in one unit while generating income, or explore development potential. Minutes to Queen Anne shops, Interbay conveniences, and commuter routes. A versatile investment in one of Seattle’s most desirable neighborhoods.

1318 W Barrett Street, Seattle

Listing courtesy of Horizon Real Estate.

$825,000

2514947 MLS ⋅ SOLD Status

Beautifully maintained triplex located in a great neighborhood with an unbeatable walkable lifestyle. Just steps to Third Place Books, local coffee shops, and a variety of popular restaurants. Enjoy easy access to Lake Washington Ave for scenic walks and outdoor recreation. All units are in great condition, offering pride of ownership throughout. Unit 5319 features a fully fenced yard, providing added privacy and outdoor space. Shared coin-operated washer and dryer on-site for tenant convenience. Excellent investment opportunity in a highly desirable location.

5319 Wilson Avenue S, Seattle

Listing courtesy of John L. Scott, Inc. Selling Office: RSVP Brokers ERA.

$1,550,000

2510937 MLS ⋅ ACTIVE Status

LIMITED TIME 4.99% INTEREST RATE. Modern Georgetown triplex offering flexibility for rentals or STR strategies. Built by a 2025 Best Homebuilder in the Pacific Northwest, each unit features private en-suite baths, energy-efficient systems, abundant natural light, EV-ready parking, and private outdoor space. Located just steps from Georgetown’s restaurants, breweries, and shops, with quick access to downtown Seattle, I-5, and Hwy 99. Well-positioned for stable in-place income today with additional upside potential through mid-term or short-term rental strategies during major events, including World Cup. Clean, low-maintenance asset in one of Seattle’s most dynamic urban neighborhoods. Agent on site Thursday & Friday 3pm-6pm

6725 Carlton Avenue Unit #A,B,C, Seattle

Listing courtesy of Real Broker LLC.

$1,375,000

2510674 MLS ⋅ ACTIVE Status

Portage Bay Triplex offers a rare opportunity to own a fully renovated, owner-occupiable property in a prime Seattle location between Portage Bay and Eastlake, combining urban convenience with a residential feel. This 3,850 SF building features two spacious 2BR/1BA units with additional non-conforming lower apartment (~1,425 SF, 1,200 SF, 995 SF) with strong layouts and livability. Lower unit is non-conforming (buyer to verify). Ideal for owner-occupants seeking an alternative to single-family housing—live in one unit while rental income from the others helps offset expenses. Extensively updated in 2012 with new electrical, plumbing, and roof, plus consistent interior finishes throughout, delivering a clean, turnkey asset with minimal immediate capital needs. Retains vintage character not often found in newer construction. Property includes two electric parking stalls and large storage area with potential for added utility. Outdoor space with planter beds offers flexibility for additional amenities. Strong in-place condition with future upside in a highly desirable, centrally located neighborhood.

812 E Gwinn Place, Seattle

Listing courtesy of Westlake Associates, Inc..

$925,000

2507424 MLS ⋅ PENDING INSPECTION Status

Fantastic Ravenna location, close to light rail and Greenlake. Walking distance to great shopping and dining. Two big 2 bedroom units and One big 1 bedroom unit. All units with washer and dryer. Off street parking for each unit. Turnkey units in great condition. Great value here.

809 NE 62nd Street, Seattle

Listing courtesy of Madison Partners Real Estate.

$1,280,000

2506876 MLS ⋅ SOLD Status

Fully renovated triplex - CURRENT 5.8% CAP RATE (rents listed are actual except for vacant unit) located on Market Street! - This triplex has nearby public transportation and a walk score of 87. It is comprised of two 2BD/1BTH units and one 1BD/1BTH unit. The property underwent a huge remodel throughout the entirety of the property, completed in 2022. All work was permitted and inspected by the City of Seattle, including construction, electrical, plumbing, building exterior and system updates. The remodel boasts new fixtures, appliances, flooring, and numerous other thoughtful updates. The triplex backs up to a quiet alleyway with 3 parking spaces. The property is completely fenced with a yard and patio for Unit 2, and a private patio for Unit 1. The tenant in Unit 1 will be moving out 04/2026 presenting a great opportunity for a potential owner occupant.

808 NW Market Street, Seattle

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Real Broker LLC.

$900,000

2479923 MLS ⋅ SOLD Status

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.

3868 16th Avenue SW, Seattle

Listing courtesy of John L Scott RE West Seattle. Selling Office: Infinity Real Estate, LLC.

$1,405,000

2498641 MLS ⋅ SOLD Status

Perched in the heart of Phinney Ridge, this classic mid-century brick triplex blends timeless character with strong investment potential. The property features three well-appointed units, each with spacious layouts, abundant natural light with views of the Olympic Mountains, and period details that tenants love—hardwood floors, large picture windows, and solid construction throughout. Currently there is one vacant and staged unit for easy showings. The largest 3 bedroom unit will be available soon, for trouble free market rate lease updates and/or renovations, and wonderful owner occupant potential. The building offers a desirable mix of privacy, walkability and easy parking with three street facing garages. Residents enjoy easy access to neighborhood favorites—local cafés, parks, boutique shops, and major transit routes. Downtown Seattle is just minutes away. The durable brick exterior and mid-century design provide lasting curb appeal and low-maintenance ownership. Whether you're an investor seeking steady rental income or an owner-occupant looking to offset your mortgage, this triplex delivers flexibility and long-term upside in one of Seattle’s most sought-after neighborhoods. Don’t miss this rare opportunity to own a piece of Phinney Ridge charm with built-in income potential. Full Inspection available after showing.

5638 3rd Avenue NW, Seattle

Listing courtesy of Lake & Company. Selling Office: COMPASS.

$949,000

2493732 MLS ⋅ SOLD Status

Check out this great triplex just north of Green Lake, located on a quiet street. Enjoy the easy access to downtown Seattle, Ballard, Green Lake, North Seattle College, & I-5. Unit 9549 is a two-story unit featuring 2 bedrooms & full bath upstairs. The main floor offers a spacious layout with an open kitchen that seamlessly connects to the living & dining areas plus glass doors leading to the backyard. Also the half bath & designated laundry space is on the main floor. Unit 9545 offers 2 bedrooms & 1 bath. The 1,110sf features large dining & living rooms, circular layout, heat pump & a roomy deck. Unit 9547 is an inviting 600sf studio equipped with a murphy bed, 1 bath, & a kitchen that opens to the living space. Both 2-bedroom units showcase a stylish mid-century fireplace & D/W. All units include their own W/D & ample storage. *Please do not disturb tenants in units 9545 or 9547.* Set on a 5,000 square-foot lot, this triplex has a backyard, brand new roof, 3 off-street parking spots, & is located a block from Licton Springs neighborhood park. Whether you're looking for a rental investment, or wanting to occupy one unit while renting out the others, this triplex is a fantastic opportunity & has much potential! It's zoned L3(m) for even more possibilities. Unit 9549 is currently prepped, painted, ready to tour & then rent! Units 9545 and 9547 have long-term tenants on a month-to-month basis, with rents below market value.

9545 Interlake Avenue N, Seattle

Listing courtesy of Windermere R E Mount Baker. Selling Office: Brown McMillen Real Estate.

$799,995

2497011 MLS ⋅ ACTIVE Status

South Park income-producing property featuring a beautifully updated Northwest Contemporary home with a basement apartment and detached DADU, offering excellent potential for rental income. The main home showcases vaulted ceilings with exposed beams, warm wood flooring, and abundant natural light. The chef’s kitchen is designed for both style and function with quartz countertops, stainless appliances, farmhouse sink, live-edge shelving, pantry, breakfast bar, and a huge quartz center island, along with skylights that create a bright, inviting space perfect for entertaining. Flexible living includes a main floor bedroom or office, full bath, and main-level laundry. Upstairs you’ll find a spacious primary suite with a walk-in closet and relaxing bathroom with jetted tub. The property also features two income-producing units: a lower-level apartment with kitchen, living room, den, private laundry and bath, plus a detached industrial-style DADU with loft, kitchen, bath and private laundry. Outdoor spaces include a walkout deck, private patio, and thoughtfully designed garden seating areas, along with RV parking, carport, and parking for up to five vehicles. Located in a central South Park location, this rare opportunity is ideal for investors or buyers seeking rental income to offset their mortgage. The main home and basement apartment are currently rented through August.

1053 S Southern Street, Seattle

Listing courtesy of RE/MAX Extra Inc..

$1,216,800

2489986 MLS ⋅ ACTIVE Status

Investor-Ready Cash-Flowing Triplex in Meadowbrook’s LR3(M) Growth Zone Fully stabilized 1960 triplex in northeast Seattle’s Meadowbrook neighborhood. Each of the three identical 3-bed/1-bath units is 1,100 SF and leased through 2026-2028. Tenants pay all utilities (electric directly; sewer/water/garbage via RUBS). Each unit has separate laundry, and the property includes seven off-street parking spaces. Capital Improvements (2019–2026): New SquareD panels, GFCI bath/kitchen upgrades, dedicated appliance/bath circuits, targeted heater replacements, PEX refit in Apts. A/C, bathtub re-plumbing, new toilets, new water heaters, new carpet/vinyl flooring, newer kitchen/bath cabinets, appliances, window coverings, interior paint, redirected drainage, and vinyl windows. Deferred maintenance addressed; capex schedule available. Location & Zoning Upside: Meadowbrook (98125) offers residential character and LR3(M) density upside. Rapid bus lines are within a 5-minute walk, Northgate light rail is about a 10-minute drive, and the Burke-Gilman Trail is nearby. Lake City Way adds nearby retail and dining convenience. Target Buyer: Small investor seeking stable cash flow or portfolio buyer consolidating LR3(M)-zoned assets. Clean title, clean books, clean systems. Boundary survey completed in 2018, adding due diligence value.

12317 35th Avenue NE, Seattle

Listing courtesy of MLS4owners.com.

$1,400,000

2489998 MLS ⋅ ACTIVE Status

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 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 5.22% 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.

5954 Fauntleroy Way SW, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,100,000

2487346 MLS ⋅ SOLD Status

14018 Greenwood, Seattle

Listing courtesy of Coldwell Banker Danforth. Selling Office: NWMLS-NonOffice.

$1,250,000

2485941 MLS ⋅ ACTIVE Status

This well-maintained triplex sits on a prime corner lot and features three identical floor plans, each offering 1,190 sq ft of comfortable living space with 2 bedrooms, 1.5 bathrooms, and a private deck. Whether you’re looking to house hack by living in one unit while generating rental income from the others, or expand your investment portfolio, this property offers endless possibilities. The building includes a separate laundry room and comes with the added benefit of no HOA dues, maximizing your returns and flexibility. Conveniently located just minutes from UW, Green Lake, Northgate, Magnuson Park, I-5, multiple transit routes, neighborhood shops, and popular restaurants, this property offers unbeatable access to everything Seattle has to offer while maintaining a charming residential feel. A rare opportunity in a high-demand location—don’t miss your chance to own a versatile and income-producing property!Two units are currently tenant- occupied and owner occupied Unit 3. Please do not disturb tenants.

8803 23rd Avenue NE, Seattle

Listing courtesy of Specialty Real Estate Group.

$950,000

2486378 MLS ⋅ SOLD Status

1008 E Republican Street, Seattle

Listing courtesy of Windermere Real Estate/M2, LLC. Selling Office: NWMLS-NonOffice.

$1,580,000

2483860 MLS ⋅ ACTIVE Status

Excellent investment opportunity or owner-occupied property with rental income in a prime Ballard location! Beautifully renovated triplex featuring two large 2BR townhouse-style units with decks, hardwood floors, stainless steel appliances, granite counter tops, wood fireplace, large closets, garages and off street parking. 1BR unit boasts hardwood floors, stainless steel appliances, new windows. Nice large patio! Full-size washer/dryer in each unit. Near all the amenities Ballard has to offer!

2357 NW 65th, Seattle

Listing courtesy of Skyline Properties, Inc..

$1,650,000

2482120 MLS ⋅ SOLD Status

Once in awhile a magical property comes along to which words or photos struggle to do justice. This impeccably-maintained, mid-century triplex, with its solid brick facade and New Orleans-style wrought iron railings, is a recognizable, neighborhood landmark located just one block over from Seattle's iconic Millionaire's Row, an historic district in the U.S. National Register of Historic Places. The middle and top floors are, each, spacious 2 bedroom/1 full bath units with updated kitchens, tons of windows bathing living spaces in natural light, gleaming, refinished hardwood floors, and feel and live like single family homes. The ground-level studio unit, a master class in ergonomic design, has been freshly renovated with luxurious finishes and a smart European flair. There is a nice, 2-vehicle carport, a lovely, private, fully-fenced yard, and carefully-curated, beautifully-manicured landscaping that exudes pride of ownership of this picturesque, multi-family residence. The ground-floor unit has long been the owner's private suite so has not been rented and would be a popular offering. Located just steps from Volunteer Park, right on the bus line with an 81 Walk Score, and flanked by multi-million dollar homes with a friendly neighborhood feel, this property must be experienced to fully appreciate.

1436 E Ward Street, Seattle

Listing courtesy of Windermere RE Greenwood. Selling Office: John L. Scott, Inc..

$1,300,000

2482218 MLS ⋅ ACTIVE Status

Permitted 3-unit waterfront property on iconic Alki Ave SW with expansive Puget Sound, island, and partial Seattle skyline views. Situated along a premier stretch of shoreline between Alki Beach and the Seattle Water Taxi. Originally constructed as a single-family residence and legally converted by the City of Seattle in the 1970s. Unit mix includes 2BR/1BA, 2BR/1BA, and studio — all water-facing with western exposure. Gas heat, shared laundry, and rear yard. Zoned LR2(M). Buyer to verify all information.

1768 Alki Avenue SW, Seattle

Listing courtesy of Coldwell Banker Bain.

$1,000,000

2475499 MLS ⋅ SOLD Status

Do Not disturb tenants or walk the property. Multiple opportunities with this gem. Buy and hold as a triplex or redevelop! Ideal turnkey fully occupied triplex with long-term tenants and high development potential. Located on a dead-end street, nestled in a quiet residential Northgate neighborhood. Tenants pay their portion of utilities. Rents are under market with room to increase. Property offers a private, fully fenced backyard that tenants share. Ample parking with 6 off-street parking spaces, including 1 attached garage space. Unit 1 has new carpet and paint in 2025 with a lease ending August ‘26. Units 2 & 3 are month-to-month with long-term tenants. Attention Developers! Zoned LR2(M)/low-cost area. Large level lot may offer redevelopment potential of 7-10 townhouse units, buyer to verify. Located on a dead-end street in a quiet residential neighborhood behind Northwest Hospital, near buses, shopping and Sound Transit.

11752 Burke Avenue N, Seattle

Listing courtesy of Windermere Real Estate GH LLC. Selling Office: Skyline Properties, Inc..

$1,595,000

2480068 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.

$1,175,000

2479377 MLS ⋅ SOLD Status

Super well-maintained mid-century Triplex in charming Magnolia! 1 tenant, 1 owner occupied, 1 vacant, providing maximum flexibility for new owner. Zoned NR3, with gentle topography and street to alley access. Significant upgrades in last year include all new windows, water heaters, electrical panels, flooring in Apt 1. Parking for 4 vehicles off rear alley. Apartments are in move-in ready condition, spacious and charming. Apt 1 (2bedroom, 1 bath) at market (1 year lease started June 1, 2025). Apt 2 (seller occupied) is same floorplan as Apt 1, but top floor. Apt 3 very spacious 1 bedroom 1 bath (vacant). Shared laundry room and 3 large storage rooms in basement laundry room. Quiet residential street, but 2 blocks to coffee, corner grocery, restaurants, easy access to Magnolia Bridge. Uniquely solid building with significant 2025 infrastructure updates, and many options for the future! (Rent for Apt 1 is actual, rents for Apts 2&3 are projected).

2845 21st Avenue W, Seattle

Listing courtesy of Coldwell Banker Bain. Selling Office: ZNonMember-Office-MLS.

$1,352,000

2474949 MLS ⋅ SOLD Status

Unmatched incredible investment. Three separate tax ID's so they can be sold individually but for sale as one property for a fantastic price. Well located 3 units in rapidly improving area. All three units offer: Floor to ceiling windows throughout. Light filled great room with chef's kitchen, eating/breakfast bar. Comfortable, sensible, flexible floorplan. Primary bedroom on the third level offers a private retreat, rooftop deck plumbed for gas grill, features sweeping territorial views. Originally built as high end townhomes. Several large and small developments only a few blocks away. A wise investment in the path of progress. All three units rented.

7424 Rainier Avenue S Unit #A,B,C, Seattle

Listing courtesy of RE/MAX All City. Selling Office: John L. Scott, Inc.

$925,000

2469761 MLS ⋅ SOLD Status

Huge tri-plex on a 5200 sq. ft. corner lot with 3 private garages and additional off street parking for up to 5 cars. All units are 2+ bedrooms and 1.75+ baths. Apts. 101 & 201 have private covered balconies looking out onto Licton Springs Park while 102 is a 3 level townhouse with a private patio and garden space. Located on a quiet cul-de-sac there is a short 1/2 block path directly to the park. This is an excellent opportunity to build some sweat equity and leverage the rental income to capture great long term returns on a higher value property than you might otherwise be unable to afford. The building has been run as a rooming house but has great upside potential for increasing rental income with remodeling. Three separate electrical meters for each unit. Rents are proforma. Buyer to confirm. Expenses were all paid the owner. Square footage is estimated. Buyer to confirm to their satisfaction.

9256 Interlake Avenue N, Seattle

Listing courtesy of Wilson Realty Exchange, Inc.. Selling Office: Heaton Dainard, LLC.

$1,500,000

2471573 MLS ⋅ SOLD Status

First time on the market in 32 years! This rare Ballard gem in the highly sought-after North Beach community offers an exceptional opportunity to own a 2,903 sqft triplex with 180° unobstructed views of Puget Sound and the Olympic Mountains. Ideal as a primary residence with income potential or a solid investment, the property allows you to live in the spacious main home while offsetting costs with two 1-bed/1-bath units, or lease all three. Estimated market rents range from $7,500–$9,500/month. The main residence is bright and expansive, featuring oversized windows, a full kitchen with breakfast nook and newer appliances, washer/dryer, wall-to-wall carpet, and a private deck over the two-car garage. The primary bedroom enjoys sweeping Sound and Olympic views. The daylight lower level includes two large bedrooms, 1.75 baths, high ceilings, garage access, new vinyl plank flooring, and fresh paint. Upper Unit A offers ample parking, a covered porch, open kitchen, and private balcony. Lower Unit B features a private entry, generous living and dining areas with a wood-burning stove, private laundry, new flooring, appliances, and paint. Additional highlights include boat/RV parking, a heated greenhouse, NR3 zoning, and a quiet neighborhood just minutes from downtown Seattle, I-5, Hwy 99, and major shopping. A rare opportunity—call today!

9922 Triton Drive NW Unit #A&B, Seattle

Listing courtesy of COMPASS. Selling Office: Realogics Sotheby's Int'l Rlty.

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