201 26th Avenue E, Seattle, WA 98112
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: dustin van wyck, ray york
Office: windermere re/capitol hill,inc
MLS#:2552312
Source:NWMLS
201 26th Avenue E,Seattle, WA 98112
$999,975
- - Beds
- - Baths
- 2,600 sq. ft.
- Multi-family
- Pending Inspection
Price summary
- Price:$999,975
- Price per sq. ft.:$384.61
About this home
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....
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Home facts
- Year built:1962
- Subdivision & Development:Madison Valley
- Listing ID #:2552312
- Updated:August 25, 2026 at 08:28 AM
Rooms and interior
- Flooring:Carpet, Laminate
- Living area:2,600 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Flat Roof
- Year built:1962
- Building area:2,600 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Corner, Curbed Lot, Paved, Sidewalk
- Construction Materials:Wood Exterior Finish
- Exterior Features:Fenced-Partially
Schools
- High school:Garfield High
- Middle school:Meany Mid
- Elementary school:Mc Gilvra
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$999,975
- Price per sq. ft.:$384.61
- Tax amount:$11,564 (2026)
Features and amenities
- Amenities:Cable TV, Gas Available, High Speed Internet
Parking
- Total parking spaces:3
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