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533 Methow Unit #A,B,C, Wenatchee
$599,000
2598775 MLS ⋅ ACTIVE Status
This plex had a full "gut" remodel in 2006. Basically reset the clock to 2006 from 1905. Think 2006 construction, electric, plumbing, siding, flooring, appliances and fixtures with updates in 2024 and 2025.Really nothing is 1905! Big ticket items are newer so little maintenance or risk. Property is ready to go starting Day One. RMU zoning gives several options: another unit in back or ADUs? Three 8x10 storage buildings available in back to tenants or ? at $50 per mo. Units have been easy to rent. Two bedroom and one bath are popular. All are clean, bright and airy. Units have own meters so tenants pay water, electric, garbage and internet. Full financials and current pro forma statement available, so too remodel history back to 2002 with reports, and permits after contract and with NDA

533 Methow Unit #A,B,C, Wenatchee

Listing Broker: CB Cascade RE - Wenatchee; Perrin Cornell; 509-669-0354; perrin@cbcascade.com

106 N Lincoln Street, Aberdeen
$525,000
2598303 MLS ⋅ ACTIVE Status
Incredible value!!! This income producing Triplex is one of a kind and a true gem for investors! Two of the units feature 3 bedrooms, 1.5 baths, a garage, and a private fenced backyard. The third unit offers an impressive 4 bedrooms, 2 garages, and it's own private slightly larger backyard. With two units currently occupied and one vacant, this property is an excellent opportunity for investors to expand their rental portfolio! Each unit has great closet space in the bedrooms, bedrooms are spacious and the floor plans of each unit are very comfortable and well maintained. The sliding glass door that brings you to the decks are inviting and a great feature as well. Conveniently located near local restaurants, shopping, transportation and everyday amenities. Don't miss the opportunity to own this versatile multi-unit property that has SO MUCH to offer!

106 N Lincoln Street, Aberdeen

Listing Broker: Olympic Realty 2000, Inc; Michelle Reynvaan; 360-591-9789; michelle@gh4sale.com

14018 Greenwood Avenue N, Seattle
$1,450,000
2596941 MLS ⋅ FIRST LOOK Status
Discover this well-located triplex in Seattle’s Bitter Lake neighborhood, offering spacious living areas, a private backyard, and six parking spaces. Each unit features a main-level living room, dining room, kitchen, powder room, and laundry/utility room. All three bedrooms and a full bathroom are upstairs—a rare and desirable layout. Built-ins and extra storage throughout add to the appeal. Units B and C have been recently updated with LVP flooring and carpet, new kitchen cabinets, quartz countertops, stainless-steel appliances, hot water tanks, lighting and plumbing fixtures, and refreshed bathrooms with new tubs, tile, vanities, and toilets. Additional building improvements include a new roof, gutters, attic insulation, and exterior paint. Unit A is occupied by a long-term tenant. Conveniently located near restaurants, shopping, Seattle Golf Club, Northwest Hospital, and North Seattle College, with easy access to Highway 99 and I-5. A great opportunity for investors or owner-occupants seeking rental income potential in a convenient Seattle location.

14018 Greenwood Avenue N, Seattle

Listing Broker: Lake & Company; Lisa Fuqua; 206-327-3472; lisaf@lakere.com

1810 Wilson Avenue, Bellingham
$865,000
2597213 MLS ⋅ ACTIVE Status
HAPPY VALLEY TRIPLEX with ADDITIONAL DEVELOPMENT POTENTIAL! Premium location & a massive 7500 square foot lot make this truly an exceptional opportunity. Nestled between Wilson Ave. & Cowgill Ave. with access off both parallel streets. From Wilson, you have two apartments each with a one-car attached garage. These main level units feature 2 bedrooms, 1 full bath, open kitchen / living room layout, spacious bedrooms, closets off the hall and in-bathroom & a slider out to a deck to BBQ or lounge in the beautiful PNW weather. Each unit also has a full size washer/dryer in their extra deep 1-car attached garages. Both units have 1 year leases recently re-signed at $1750 and $1850/mo. On the south side of the property, accessed from Cowgill Ave, you have an oversized 1008 sq. ft. studio apartment with a full kitchen, full size washer/dryer, massive living room & extra-large sleeping / storage / lounge space. THIS COULD BE CONVERTED TO TWO STUDIO APARTMENTS per the original design. The extra large parking area / yard accessed off Cowgill Ave. has the potential to hold additional units w/no legacy trees on site, giving this property considerable upside opportunity in the years ahead. In the attendance areas of Lowell Elementary, Fairhaven Middle School & Sehome High School. Blocks to Fairhaven Village & its countless shops, restaurants, parks & entertainment. Explore this exceptional location and its further development potential while you collect steady income.

1810 Wilson Avenue, Bellingham

Listing Broker: COMPASS; Brandon Nelson; 360-319-0696; brandon@brandonnelson.com

1414 E Spring Street, Seattle
$1,350,000
2596217 MLS ⋅ ACTIVE Status
An incredible opportunity to own a three-unit property in one of Seattle’s most connected locations. Just blocks from Seattle University and minutes from Capitol Hill, First Hill, Downtown and the Pike/Pine corridor, this triplex puts some of the city’s best dining, shopping, nightlife, employment centers and transit within easy reach. Three distinct residences offer multiple income opportunities: a two-bedroom, one-bathroom main unit, a one-bedroom, one-bath upper unit, and an upper studio unit with one-bathroom. Each residence includes an in-unit washer-dryer. The two-bedroom unit is currently vacant, providing an immediate opportunity for an owner-occupied space while continuing to rent the other units. Whether adding to an investment portfolio or entering the multifamily market, this is a rare opportunity to own three units in the heart of the city.

1414 E Spring Street, Seattle

Listing Broker: Windermere Real Estate Midtown; Jordan Rabinowe; 206-579-9764; Jordan@WilcynskiPartners.com

13807 Greenwood Avenue N, Seattle
$1,250,000
2596538 MLS ⋅ ACTIVE Status
Purpose-built triplex with mid-century style and modern updates. Each unit lives like a townhome with individual exterior entry and limited shared walls. Unit 13807 is a 3 bed, 2 bath end-unit with hardwood floors, remodeled kitchen with slab granite counters and stainless steel appliances, living and dining area leading to the expansive deck overlooking the private backyard, lower level family room & attached garage. Unit 13809 enters off of the ground level to an open living and dining area with updated kitchen, 2 spacious bedrooms and a full bathroom. Unit 13811 enters from the north side of the home to a top floor 2 bed 1 bath layout. Two individual garages and driveway parking for two cars. Shared laundry room with interior and exterior entry. Entertainment sized patio spans the length of the home and mature landscaping borders the perimeter providing a lovely oasis in the city. Epicenter location is a commuters dream with easy access to the light rail, bus routes and bike paths. Level shy 1/4 acre lot, approximately 80' wide by 120' deep, with LR2 zoning may provide multiple redevelopment options - buyer to verify.

13807 Greenwood Avenue N, Seattle

Listing Broker: John L. Scott, Inc; Nick Gerisilo; 206-372-0218; info@HappyHomeTeam.com

5615 Beverly Lane, Everett
$1,135,000
2595819 MLS ⋅ ACTIVE Status
Rare Triplex + Development Opportunity – Beverly Lane Fully updated and 100% occupied triplex situated on an oversized lot in a quiet residential neighborhood. Recent improvements include a updated roof, new gutters, fresh exterior paint, and a new asphalt driveway with ample off-street parking. Mature landscaping and nearby transit access support consistent tenant demand. Development Upside: Property offers potential for a second triplex at the rear of the lot—configured as (3) two-story townhome-style DADUs (~850 SF each) with attached garages. Architectural plans are ~90% complete, structural engineering is finalized, and a survey has been completed—providing a strong head start for future development. Buyer to verify all (BTVA).

5615 Beverly Lane, Everett

Listing Broker: Real Broker LLC; Jack Duggan; 206-795-9880; j.duggan@mcconnellgroup.com

1417 36th Avenue S, Seattle
$3,548,000
2593636 MLS ⋅ ACTIVE Status
Meet The Leeward—three residences, one remarkable Mount Baker property, and far more possibilities than the word “triplex” suggests. A main residence, attached ADU, and detached home create three distinct living environments that can work together—or entirely on their own. Live in one and rent the others. Create space for guests, work, or long-term income. And then there’s the setting: Lake Washington and Mt. Rainier stretch across the view, framed by multiple levels and expansive outdoor spaces. The main residence delivers the details that are increasingly hard to find in Seattle—four bedrooms on one level, A/C, an oversized pantry, generous storage, and a rec room with its own bath. Even the parking is unexpected: a two-car garage plus additional off-street spaces. Three residences. Big views. Real income potential. Remarkable flexibility. The Leeward isn’t your typical triplex—and that’s exactly the point.

1417 36th Avenue S, Seattle

Listing Broker: RE/MAX Metro Realty, Inc.; Ron J. Rubin; 206-322-5700; Info@Seattlelandbroker.com

723 S Sheridan Avenue, Tacoma
$1,100,000
2593878 MLS ⋅ ACTIVE Status
Looking for a like-new, turn-key, income producing property? Look no further! This gorgeous triplex was fully remodeled just 2 years ago, and has rented consistently since! All new electrical, plumbing, insulation, roof, windows, quartz counters, solid soft close cabinets, etc. Shorter term traveling nurse housing has been great because of the proximity to St Joseph and Mary Bridge hospitals, and longer term tenants flock as well! Fully furnished from sofas to silverware, the tenants need bring nothing but their clothes! Each unit is a 3 bed 1 bath with it's own washer/dryer. Bunk beds make for comfortable extra sleeping space, and the super-cute design touches throughout make this a magnet for renters. Loads of street parking on the corner lot. Ask your agent about rental details. Live in one unit and rent the others, the possibilities are endless for this sweet triplex. Furnish Finder listings paid through August 2027!

723 S Sheridan Avenue, Tacoma

Listing Broker: Windermere RE West Sound Inc.; Rebecca Johnson; 253-227-8579; rebeccajohnson@windermere.com

613 -615 Alaska St., Wenatchee
$545,000
2592821 MLS ⋅ ACTIVE Status
Ideally located income property consists of two homes with 3 rental units located directly across the street from Columbia Elementary School situated on a corner lot with plenty of parking within the Grandview Historical District. Well maintained homes include a two level home with three main floor bedrooms and a lower one bedroom unit with a long term tenant. The charming smaller one bedroom home has newer flooring and paint and also has a great rental history with off street parking. A perfect opportunity to enter the residential rental market as an owner occupant with rental income in place. Fenced with ample extra storage building. Excellent rental history. Close to neighborhood parks and medical facilities.

613 -615 Alaska St., Wenatchee

Listing Broker: CB Cascade RE - Lake Chelan; Anita A. Day; 509-682-7777; anita@cbchelan.com

11814 - 11810 NE 103rd Place, Kirkland
$3,936,000
2592137 MLS ⋅ ACTIVE Status
Rare opportunity to own all three brand new residences built by A&R Homes in Kirkland’s coveted Highlands neighborhood. Three homes, endless possibilities. Home #1 offers open space and luxe living. Past the spacious foyer, the great room features a fireplace with custom surround and accent lights, flowing into a chef’s kitchen with oversized island, custom plaster hood, beverage fridge, and Monogram appliances. A covered patio, semi-private dining, office, powder room, and mudroom off the two-car garage complete the main level. Upstairs are four bedrooms, three baths, laundry with built-ins and sink, a bonus room, and a serene primary suite overlooking the private back yard, with heated floors, soaking tub, luxe shower, and walk-in closet. Homes #2 and #3 are both enchanting cottage-style homes. Each has a living room with fireplace, a kitchen with generous island and room for a full dining table, powder room, and a sunny outdoor retreat for grilling, gardening, or unwinding. Upstairs, each has two bedrooms and two full baths, including a spacious primary suite with generous closets and soaking tub. Enjoy the best of Highlands living: tree-lined streets, nearby parks and trails, top-rated Lake Washington schools, and quick access to downtown Kirkland, waterfront dining, and major tech hubs.

11814 - 11810 NE 103rd Place, Kirkland

Listing Broker: Windermere Real Estate Co.; John Cowan; 206-522-9600; hdteam@windermere.com

1019 18th Street NE, Auburn
$925,000
2592953 MLS ⋅ ACTIVE Status
Calling all investors and owner-occupant buyers! With a cap rate of 7.35%, this townhome-style triplex in Meadow Brooke Estates combines rental income, rental upside, and future development potential. An owner-occupant could live in one unit while renting the other two. Located near North Auburn’s schools, restaurants, and shopping, the property offers approximately 3,560 rentable SF across three spacious units, each featuring 2 bedrooms plus a den, 1.5 baths, in-unit laundry, an attached garage, driveway parking, and access to a shared yard. Unit C recently done and Unit A was remodeled last year. Annual net operating income is reported at $67,923, with pro forma NOI of $72,483 reflecting potential rental increases. Situated on a 14,010 SF lot with R-10 zoning, the property also offers potential for future residential development, subject to City approval. Convenient access to downtown Auburn, major highways, and Green River College makes this an appealing opportunity for investors and buyers seeking a home with rental income potential.

1019 18th Street NE, Auburn

Listing Broker: Lee & Associates Commercial RE; Nisha A Tomar; 253-722-9203; ntomar@lee-associates.com

5520 Brooklyn Avenue NE, Seattle
$2,275,000
2592720 MLS ⋅ ACTIVE Status
3 dwellings. 7 bedrooms. This is the ONE to add to your Seattle investment portfolio. Minutes from the University of Washington, nearby hospitals, & Seattle's business district, this extensively renovated University District property offers 3 independent dwellings positioned to appeal to students, traveling nurses, modical professionals, & business travelers. Improvements are complete. No renovation budget or construction timeline needed this property is ready for your rental strategy. Main residence offers 3 beds & 2.75 baths; the basement ADU features 2 beds & 1 bath; detached DADU provides 2 beds & 1 bath. Every dwelling has a separate entrance, full kitchen, living area, & Its own washer and dryer. Configuration gives investors flexibility to pursue traditional leases, furnished midterm rentals, or short-term rental opportunities where permitted. High-end finishes distinguish the property from typical rental housing. Designer cabinetry, premium countertops, stainless steel appliances, & beautifully updated baths complement 4,150 sq ft. Extensive renovations include the roof, siding, windows, plumbing, & electrical systems, with air conditioning in the main residence, ADU & DADU. Fenced grounds, gated access, & off-street parking complete the offering. Target UW students, traveling healthcare professionals, and corporate tenants with rental strategies across all 3 dwellings. Property package includes floor plans, income scenarios, Ioan examples, & projected monthly costs.

5520 Brooklyn Avenue NE, Seattle

Listing Broker: John L. Scott, Inc.; Bradley Hanson; 425-577-3739; bradley@bradleyhansongroup.com

507 3rd Street, Sultan
$850,000
2587795 MLS ⋅ ACTIVE Status
OFFERING $25,000 SELLER CREDIT! Perfectly positioned in the heart of Sultan, this updated triplex presents a rare opportunity to invest with rental income already in place and potential to grow. With two units currently occupied, new exterior paint and partially updated roofing, this property offers a strong foundation for continued investment. There is even more potential with an unfinished fourth unit and the possibility to add a DADU, creating the opportunity for additional income-producing units. The lower-level unit has been thoughtfully refreshed with a wide-open floor plan, fresh paint, new flooring, and a bright kitchen featuring new cabinetry, countertops, appliances, and fixtures. Two comfortable bedrooms are accompanied by a refreshed full bathroom and laundry room with new tile and fixtures. The two occupied units have been fully remodeled inside, and each offers two bedrooms, one bathroom, and in-unit laundry. Outside, a shared backyard and ample parking add to the appeal, while Sultan favorites, local schools, and everyday amenities are all within easy walking distance.

507 3rd Street, Sultan

Listing Broker: Lamb Real Estate; Kim Esquivel; 425-499-4950; kim@lambandcompany.com

2551 13th Avenue W, Seattle
$1,250,000
2588520 MLS ⋅ ACTIVE Status
The Queen Anne Triplex is located in one of the most sought out rental markets of the Greater Seattle area due to Upper Queen Anne’s prominent history, central location, and excellent place to live. Built in 1963, the building totals 2,720 square feet on a 5,000 square foot LR1(M) zoned lot. The building is the first time on the market in over 30 years. The unit mix consists of one three-bedroom unit approximately 1,360 square feet, one two bedroom unit approximately 760 square feet, and one one bedroom unit approximately 600 square feet, each featuring private, west facing decks. The property has three on-site parking stalls, shared laundry, 3 individual water heaters and storage for tenants. Zoning allows to add a unit in basement or build townhouse on west side of the property – buyer to verify The subject property is the perfect opportunity for an investor who wants a value-add opportunity or for an owner occupant who wants to live at the property in an excellent neighborhood just a short walking distance to all major bus lines. The property is located near Seattle Pacific University and is just minutes away from the University of Washington, Seattle Central Business District, South Lake Union and Ballard.

2551 13th Avenue W, Seattle

Listing Broker: Paragon Real Estate Advisors; Brian D. Platt; 206-812-9130; brianp@paragonrea.com

1001 1st Avenue N, Seattle
$1,500,000
2584143 MLS ⋅ ACTIVE Status
Queen Anne Triplex | 1,000 SF Units + Skyline & Water Views | 1001 1st Avenue North is a beautiful mid-century triplex perched just below the top of Queen Anne Hill, one of Seattle’s most coveted neighborhoods, offering walkable access to major employers, dining, shopping, the Space Needle, Seattle Center, and Climate Pledge Arena. Originally constructed in 1953, the building features wood-frame construction, stone veneer with horizontal wood siding, a torch-down roof, double-pane vinyl windows, and exterior entrances for each unit. The property features a desirable unit mix with spacious, functional layouts. Units 1 and 2 feature identical floor plans, each offering two bedrooms, one bathroom, and approximately 1,080 square feet of living space, with large living rooms, stone fireplaces, separate dining areas, and large private decks boasting sweeping views of Seattle’s iconic skyline and the Puget Sound. Unit 3 is a spacious one-bedroom apartment offering approximately 840 square feet of living space. Units 2 and 3 feature hardwood flooring throughout, while Unit 1 features carpeted living areas and bedrooms. The property is separately metered for electricity, with each apartment heated by electric baseboard heating. Residents also benefit from a coin-operated laundry room, off-street parking, including a covered carport and an additional uncovered parking stall, as well as a storage locker for each unit.

1001 1st Avenue N, Seattle

Listing Broker: Blake Investment Advisors; Gabe Blake; 206-618-2207; gabe@blakeia.com

129 W Whitman, Leavenworth
$799,950
2586318 MLS ⋅ ACTIVE Status
Rare in-town multifamily opportunity in the heart of Leavenworth, just a five-minute walk from downtown shops, restaurants, tasting rooms, festivals, and the city’s famous Bavarian Village. This established triplex offers approximately 3,280 square feet with a versatile unit mix: a spacious 3-bedroom, 2-bath residence; a 2-bedroom, 1-bath residence; and a 1-bedroom, 1-bath residence. Each unit includes a range/oven, refrigerator, and dishwasher, with a shared washer and dryer serving the property. Additional features include a composition roof, electric baseboard and forced-air heating, and durable laminate and vinyl-plank flooring. Leavenworth is a year-round destination surrounded by the Cascade Mountains, with nearby access to the Wenatchee River, Icicle Creek, hiking, biking, rafting, skiing, golf, wineries, live entertainment, seasonal celebrations, and outdoor recreation. Approximately 35 miles from Stevens Pass and 22 miles from Wenatchee, the location connects mountain recreation with regional services and travel. The three separate living spaces provide flexibility for rental use, owner occupancy with additional income, staff housing, or multigenerational living. Multifamily properties within easy walking distance of downtown Leavenworth are seldom available, making this a distinctive opportunity to own a versatile property in one of Washington’s most recognizable mountain communities.

129 W Whitman, Leavenworth

Listing Broker: eXp Realty; Marv Nicholson; 206-227-6278; marv.nicholson@exprealty.com

1768 Alki Avenue SW, Seattle
$1,295,000
2578876 MLS ⋅ ACTIVE Status
WELCOME TO VILLA ICON— A RARE, FRESHLY REMODELED ALKI WATERFRONT TRIPLEX. LIVE, WORK, INVEST OR DEVELOP. Directly across from the water on iconic Alki Avenue, this exceptional property offers three distinct residences—a studio, 1-bedroom and 2-bedroom—blending immediate income with remarkable flexibility and future potential. Two residences are currently leased, while the studio is ready to live in, welcome guests, create a private office or flex space, or generate additional rental income. Wake to sweeping Puget Sound and Olympic Mountain views, watch ferries and boats glide by, stroll the beach and waterfront path, and end the day with unforgettable Alki sunsets. Restaurants, cafés and recreation are just outside your door, with downtown Seattle minutes away. Hold as an income-producing asset, create your own Alki home base, or explore future development potential. THREE RESIDENCES. ONE ICONIC WATERFRONT ADDRESS. ENDLESS POSSIBILITIES. Buyer to verify development feasibility and intended use.

1768 Alki Avenue SW, Seattle

Listing Broker: Coldwell Banker Bain; Natalie Sutey; 509-679-1371; natalie.sutey@cbrealty.com

5952 Fauntleroy Way SW, Seattle
$1,200,000
2584274 MLS ⋅ ACTIVE Status
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!

5952 Fauntleroy Way SW, Seattle

Listing Broker: Realogics Sotheby's Int'l Rlty; Kimberleigh King; 206-948-7003; kim@winninghamking.com

1145 N 93rd Street, Seattle
$972,500
2584377 MLS ⋅ ACTIVE Status
Discover the perfect investment in this Triplex nestled in Licton Springs! Each spacious unit spans 980 sqft and features 2 bedrooms. Boasting desirable LR3 zoning, making it an ideal opportunity for owner-occupied living or investment. The lower two units feature an adjoining stairwell and could be easily combined into a single expansive living space. Enjoy roomy living areas, generous bedrooms, and cozy fireplaces throughout. The lower unit has been refreshed with new paint, carpet, and an updated bathroom. Each unit comes equipped with washers and dryers. The upper units enjoy spacious decks, perfect for relaxing outdoors. Off-street, tandem parking off the alley for 6 cars ensures easy access. Plus, you'll be just minutes from the Light Rail, Green Lake, bus lines, restaurants, and more! Immerse yourself in this private setting, and don't miss out on a unique opportunity to own this fantastic triplex.

1145 N 93rd Street, Seattle

Listing Broker: RE/MAX Northwest; Ann M. Babb-Nordling; 206-779-4404; Info@TriStarTeamRE.com

1225 Wheeler Avenue, Hoquiam
$265,000
2579456 MLS ⋅ ACTIVE Status
Rare opportunity to own a fully occupied three-unit property with strong existing rental income! The property includes a 4 bedroom, 2 bathroom single-family residence and a separate duplex with two 2 bedroom, 1 bathroom units. The main residence offers approximately 1,575 sq ft and currently rents for $1,535/month. The duplex includes a lower and upper unit, each approximately 715 sq ft, currently renting for $1,100 and $1,095/month. Gross rents total approximately $3,730/month, with the single-family tenant paying their own utilities. Some upgrades have already been completed with additional opportunity for future improvements. A great opportunity for an investor looking for an income-producing property with three established units.

1225 Wheeler Avenue, Hoquiam

Listing Broker: Spivey Realty Group, LLC; Kevin Spivey; 360-589-1785; kevin@spiveyrealtygroup.com

5954 Fauntleroy Way SW, Seattle
$1,350,000
2583989 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 5.41% 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 Broker: Paragon Real Estate Advisors; Brian D. Platt; ;

5208 Sand Point Way NE, Seattle
$1,649,500
2561695 MLS ⋅ ACTIVE Status
Beautifully maintained triplex offering classic charm, modern updates, a durable metal roof, fresh exterior paint (2025), and strong rental performance in one of Seattle’s most desirable neighborhoods. Three bright, well-designed units - 3BD/1.75BA, 2BD/1BA, and 1BD/1BA - each featuring updated finishes, modern appliances, brick fireplaces, efficient gas heating, and private in-unit laundry. Every unit has its own entrance and outdoor space: a large patio (3BD), a balcony plus new composition deck & railing (2BD), and a welcoming front porch (1BD). Single-car garages for two larger units, plus ample on-site and off-street parking. Large, fenced backyard with rear-gate access. Minutes to UW, Magnuson Park, Seattle Children’s, University Village, shopping, dining, transit, and the Burke-Gilman Trail. A rare opportunity to acquire a stable, income-producing asset in a high-demand Seattle location - ideal for investors seeking long-term value and consistent tenant demand. LR1(M) zoning along a key transit and institutional corridor near Seattle Children’s Hospital provides flexibility for future site planning. Buyers are encouraged to review the City of Seattle’s long-range planning materials and Comprehensive Plan framework for this corridor and verify all development potential.

5208 Sand Point Way NE, Seattle

Listing Broker: Sea to Sky Realty; Carol Gong; 425-698-3022; carolgong@hotmail.com

5911 SW Admiral Way, Seattle
$1,275,000
2582595 MLS ⋅ ACTIVE Status
The offering consists of two separate structures on a single 4,800 square foot NR3 zoned parcel. A two bedroom house built in 1946 sits at the front of the property, and a standalone duplex built in 1988 sits behind it, containing two more two bedroom/one bathroom units. Total net rentable area is 2,340 square feet across the three units, with an additional 720 square feet of unfinished basement beneath the house. Each unit is a two bedroom, one bathroom layout with a dedicated storage locker and its own full size washer and dryer. Both duplex units are vacant and ready for occupancy. Both interiors have been freshly painted and have new vinyl plank flooring, new carpet, new window blinds, and the appliance package in the upper unit (unit B) is new. Hot water tanks were replaced in 2023 and 2024. The property also works for an owner user, who can occupy a duplex unit at closing. The house sits on 720 square feet of unfinished basement with a dedicated entry, good ceiling height, and a sewer line that runs down rather than out through a sidewall, which allows a bathroom to be added at the lower level without sacrificing space. A buyer can finish the basement as additional living area for the house or pursue the addition of a fourth unit. The parcel is zoned NR3, which allows four units on the site. A buyer is to research and confirm the viability of these options to its own satisfaction, including with the appropriate City of Seattle zoning and construction departments.

5911 SW Admiral Way, Seattle

Listing Broker: Paragon Real Estate Advisors; Ben Douglas; 206-658-7247; ben@paragonrea.com

5807 March Lane, Sumner
$959,500
2581281 MLS ⋅ ACTIVE Status
Perfect for investors looking for a 6% return or more, or owner-occupied. Live in one and lease the others. This excellent property features with three fully updated two-bedroom units, each with 1.5 baths, washer & dryer, vinyl windows, one car garage, lots of drivway parking, fireplaces & laminate flooring. Unit A has new quartz counter tops in the kitchen, new kitchen cabinets and updated bathroom. You will love the outdoor space with nice patios and spacious fenced backyards. Conveniently located in the middle of Sumner surrounded by nice homes, in a cul-de-sac, close to all amenities, schools, & parks. All three units have great tenants and are always rented. Take advantage of this incredible investment opportunity in a highly desirable location.

5807 March Lane, Sumner

Listing Broker: Bentley Properties; George Moorhead; 425-747-1901; georgem@bentleyproperties.com

4259 Greenwood Avenue N, Seattle
$1,150,000
2579596 MLS ⋅ ACTIVE Status
The Fremont Peak Triplex is a fully renovated three-unit investment property located in the heart of Fremont. Originally built in 1914, the property underwent a comprehensive renovation in 2019, including full interior renovations to each unit as well as updates to the plumbing and electrical systems. Approximately 80% of the original windows were also replaced with dualpane, vinyl-framed windows, providing excellent natural light and stunning views of the Ballard Ship Canal and sunsets over the Olympic Mountains. Each unit was thoughtfully updated with LVP flooring, quartz countertops, modern bathroom vanities, and some have stainless-steel appliances. The property received additional improvements in 2022–2023, including a new roof and exterior paint. The triplex is comprised of a spacious two-bedroom, two-bathroom unit of approximately 1,150 SF, featuring a private deck and views; a one-bedroom, one-bathroom unit of approximately 600 SF; and a studio unit of approximately 500 SF. Each unit is equipped with a full kitchen appliance package, while the two-bedroom unit features its own in-unit washer and dryer. The one-bedroom and studio units share a common laundry room in the basement, provided free of charge to tenants. The basement also offers additional storage space, creating an opportunity for a future owner to generate additional income.

4259 Greenwood Avenue N, Seattle

Listing Broker: Paragon Real Estate Advisors; Will Douglas; 206-812-9108; Will@ParagonREA.com

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.

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