Terrific opportunity to acquire a well-maintained triplex in a prime West Seattle location.  Built in 1996 and in great condition with terrific curb appeal.  Attractive terraced landscaping.  All units sit above the street for added privacy. All 3 units have been updated and are in good condition. All are spacious and have open concept floorplans.  Top floor unit is 2 bed/2 bath, one has 2 bed/1 bath, and one is 1 bed/1 bath, for a total of 2850 +/- sq ft of living space.  Each unit has a dishwasher, washer, and dryer.  4 parking spaces in the alley, plus plenty of street parking out front. Excellent tenant occupancy.  Rents total $6405/month and are below market, creating ability to improve on current CAP rate of 4.7%.  Rent increase notice delivered 9/1/2026 (5%).  Fairmount Park neighborhood is centrally located. Morgan and Alaska junctions are nearby.  Close to shops, restaurants, parks, and schools.  Beautiful Lincoln Park and the Fauntleroy ferry are minutes away.  Great public transportation out front and great access to downtown Seattle.  Truly an ideal investment opportunity.  Live in one unit and rent out two or just capitalize on this amazing opportunity!

Courtesy of NWMLS
Listing courtesy of Kimberleigh King of Realogics Sotheby's Int'l Rlty



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-10-04 12:46 AM PDT