About this home

Well-maintained three-unit triplex in Lake City, one of Seattle's most culturally diverse and affordable neighborhoods. With a Walk Score of 81, tenants enjoy immediate access to a vibrant international food scene, neighborhood retail, convenient transit, and outdoor recreation at Matthews Beach Park and Jackson Park Golf Course—all with genuine community character and pricing that avoids the premium associated with western Seattle enclaves. Composite annual rent potential reaches $93,420 post-growth, plus storage ancillary income. Multiple value-add opportunities—in-unit laundry capex, conversion optionality, and storage monetization—provide seasoned investors with flexible exit strategies. An ideal entry point for first-time multifamily buyers seeking Seattle exposure or portfolio investors looking to add proven assets in an undervalued, high-demand neighborhood.

Exterior features

Cement PlankedWood

Schools

Elementary

Olympic Hills

Middle

Jane Addams

High

Nathan Hale High

Property details

Heating: Baseboard
Cooling: None
Flooring: Laminate, Vinyl Plank, Carpet
Lot: Corner Lot, Curbs, Paved, Sidewalk, Value In Land
Sewer: Sewer Connected

Costs

Annual taxes: $11,086 (2025)

Estimate your monthly payment

$6,486/mo

Principal & interest: $5,562
Property taxes: $924

Down payment (20%) $220,000 Interest rate (%) Loan term (years)

Loan amount $880,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Seattle, WA 98125

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Pacific Crest— Alan Wileman.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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