Central Area Homes with 53 - Tri-plex Style

Welcome to the vibrant Central Area of Seattle, Washington, a neighborhood that beautifully marries urban convenience with a sense of community. Nestled in King County, the Central Area boasts a rich cultural heritage and a diverse population, making it one of the city's most dynamic locales. Here, you'll find an eclectic mix of local shops, restaurants, parks, and art spaces, all contributing to the area’s unique charm.

The Central Area is known for its historic architecture and tree-lined streets, where community gatherings and events foster a strong neighborhood spirit. Residents enjoy easy access to public transportation, allowing for a seamless commute to downtown Seattle and beyond. Whether you're a foodie looking to explore local cuisine or an outdoor enthusiast eager to enjoy nearby parks, the Central Area offers something for everyone.

For those considering a home in this vibrant neighborhood, the tri-plex style homes present an exceptional opportunity. These properties are not only spacious and thoughtfully designed, but they also provide a unique investment potential. With three separate living units, tri-plex homes offer the flexibility to live in one unit while renting out the others, making them ideal for both first-time homebuyers and seasoned investors.

Imagine waking up in a beautifully renovated tri-plex, enjoying your morning coffee on a sun-drenched porch, and then stepping out to explore the local farmer’s market or a nearby café. The Central Area is more than just a place to live; it’s a community that invites you to be part of its story. Come discover your new home in the heart of Seattle!

Newest Central Area Homes with 53 - Tri-plex Style

$1,799,950

2578982 MLS ⋅ ACTIVE Status

This purpose-built 1998 triplex offers the cash flow of a multifamily investment without many of the maintenance concerns commonly associated with older properties. Built with modern plumbing, electrical, windows, insulation and durable fiber-cement siding, all three townhouse-style residences also feature in-unit laundry, private outdoor spaces and off-street parking. Two units offer 3 bedrooms and 2.5 baths, while the third includes 2 bedrooms and 2 baths. The desirable two-story layouts provide a more home-like feel that attracts strong market rents and encourages long-term tenancy. With more than $100,000 in annual net income and a 5.7% cap rate, this is a compelling opportunity for investors seeking immediate returns and long-term upside. Also ideal for an owner-occupant looking to offset their mortgage with rental income. The townhouse-style configuration may offer future potential for a unit-lot short subdivision or condo conversion to allow the sale of individual units—buyer to verify. Conveniently located just south of Capitol Hill with easy access to downtown, transit and neighborhood amenities.

154 18th Avenue, Seattle

Listing courtesy of Windermere RE/Capitol Hill,Inc.

Start Your Search

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.