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3438 14th Avenue W, Seattle, WA 98119

Seattle
Local realty services provided by:CENTURY 21 Real Estate Center
Listed by: brad wakeman
Office: engel & voelkers seattle dt
MLS#:2551244
Source:NWMLS
3438 14th Avenue W,Seattle, WA 98119
$1,050,000
  • - Beds
  • - Baths
  • 3,110 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,050,000
  • Price per sq. ft.:$337.62

About this home

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,...

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Home facts

  • Year built:1963
  • Subdivision & Development:Interbay
  • Listing ID #:2551244
  • Updated:October 28, 2026 at 12:01 PM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile Floor, Laminate, Vinyl Floor
  • Living area:3,110 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Metal
  • Year built:1963
  • Building area:3,110 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Alley, Curbed Lot, Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Deck

Schools

  • High school:Lincoln High
  • Middle school:Mc Clure Mid
  • Elementary school:Frantz Coe Elementary

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,050,000
  • Price per sq. ft.:$337.62
  • Tax amount:$14,430 (2026)

Parking

  • Total parking spaces:4
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 28, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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