Seattle Homes with 53 - Tri-plex Style

Seattle Homes with 53 - Tri-plex Style

Seattle, located in the state of Washington, is a vibrant and bustling city known for its stunning natural beauty, thriving tech industry, and rich cultural scene. Situated in King County, Seattle is the largest city in the Pacific Northwest region of the United States. It is surrounded by picturesque mountains, including the iconic Mount Rainier, and is bordered by the sparkling waters of the Puget Sound.

When it comes to homes in Seattle, one popular style that stands out is the 53 - Tri-plex. True to its name, this style of home consists of three separate living units within a single building. Tri-plexes offer a unique living arrangement, providing the perfect balance of privacy and community.

These homes are highly sought after for their versatility and potential for rental income. Homebuyers looking to invest in real estate or those seeking multigenerational living arrangements often find tri-plexes to be an ideal choice. Each unit typically features its own entrance, kitchen, and bathroom, offering independent living spaces while still being connected under one roof.

Seattle's diverse neighborhoods offer a range of options for those interested in tri-plex style homes. From the trendy neighborhoods of Capitol Hill and Ballard to the family-friendly communities of Green Lake and West Seattle, there is a tri-plex home to suit every lifestyle and preference.

Whether you're a real estate investor or simply looking for a unique living arrangement, Seattle's tri-plex homes provide an excellent opportunity to enjoy the city's vibrant atmosphere while enjoying the benefits of independent living spaces.

Newest Seattle Homes with 53 - Tri-plex Style

$1,274,995
2556712 MLS ⋅ ACTIVE Status
Prime Ballard Triplex with Strong Rental Income & Value-Add Potential! Well-maintained income property featuring two spacious 2-bedroom, 1.75-bath units (approximately 1,430 SF each) and a lower-level studio (approximately 540 SF), generating $84,600 in annual rental income. Long-term tenants provide stable cash flow with upside through future rent adjustments. Utilities are included in rent, making this an attractive investment with consistent occupancy history. Ideally located near downtown Ballard, Golden Gardens, shopping, dining, parks, transit, and major commuter routes. Whether you're adding to your portfolio or seeking a long-term investment in one of Seattle's most desirable neighborhoods, this property offers immediate income, future upside, and excellent appreciation potential.

6013 4th Avenue NW, Seattle

Listing courtesy of Kelly Right RE of Seattle LLC.

$969,000
2551090 MLS ⋅ ACTIVE Status
Classic Phinney Ridge triplex in one of Seattle's most sought-after neighborhoods. Perched above the street just one block from the vibrant Phinney/Greenwood business district, this well-maintained 1918 Craftsman features three 1-bedroom, 1-bath apartments, each with a private entrance, full kitchen, in-unit laundry, separately metered electricity, and tenants pay all utilities. Major capital improvements include updated plumbing & electrical, electrical panels, windows, French drain, mini-split heating & cooling in the two main-level units, and renovated bathrooms. Outstanding walkability to neighborhood restaurants, coffee shops, Woodland Park Zoo, Green Lake, Ballard, Fremont, and public transit. Rare opportunity to own a classic Seattle investment property in an exceptional location.

303 N 64th Street, Seattle

Listing courtesy of Real Broker LLC.

$1,150,000
2552878 MLS ⋅ ACTIVE Status
Welcome to this well-positioned investment opportunity in the heart of Seattle's trendy Ballard neighborhood. Located at 824 NW 64th Street, this charming triplex offers a compelling mix of rental income and neighborhood appeal. Constructed in 1968, the building features three units — two approximately 875 sq. ft. (2 bed / 1 bath) and one at roughly 1,100 sq. ft. (2 bed / 1 bath) — totaling about 2,850 sq. ft. of rentable space. The lot spans approximately 5,000 sq. ft. and is zoned NR3, offering future flexibility. The property includes a two car garage and a spacious backyard. The property is within walking distance of Ballard's vibrant nightlife including restaurants and breweries.

824 NW 64th Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,200,000
2551244 MLS ⋅ ACTIVE Status
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, and fresh exterior paint. Added storage in the 330 SF flexible basement. Native landscaping keeps grounds simple to maintain with minimal costs. Fix up interiors on your timeline and collect strong rents in the meantime.Zoned LR1(M) on a 6,000 SF lot with alley access along a corridor that attracts density & long-term investment. This Interbay triplex offers a stable, fully occupied diamond-in-the rough asset with clear upside potential & multiple paths to improved returns.

3438 14th Avenue W, Seattle

Listing courtesy of Engel & Voelkers Seattle DT.

$1,475,000
2549145 MLS ⋅ ACTIVE Status
The property has a unique unit mix comprised of a 1BD/1BTH unit with a patio, a 2BD/2BTH unit with a deck and a penthouse unit that is a 2BD/2BTH plus an office loft. The penthouse is a townhouse style unit with a deck off the main floor and a second deck on the roof with an office attached to it. The middle unit has peak-a-boo views of Lake Union and the penthouse main floor deck and rooftop deck have panoramic 180 degree views of Lake Union, Downtown Seattle, and Gas Works Park. The penthouse unit is perfect for an owner-occupant or can be rented for significant rental income. The property provides opportunities to add value and capture significant rental upside by performing cosmetic touches to the well maintained, spacious units. The ground level 1BD/1BTH is believed to be a non-conforming unit. The Eastlake neighborhood is in a central location as it is only a 5-minute drive to Downtown, The University of Washington, Capitol Hill, and Queen Anne. The property is located one block off Eastlake Ave E where residents enjoy an array of shops, services, and dining options.

2215 Yale Ave E, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$1,300,000
2542614 MLS ⋅ ACTIVE Status
Welcome to this prime Ballard triplex, an exceptional opportunity for investors looking for a well-maintained, income-producing asset in a highly walkable and sought-after Seattle neighborhood. Currently fully tenant-occupied, rents in two units were recently increased to closely reflect current market value, offering a solid foundation with a clear path for continued growth. Two of the units were fully renovated, and every unit comes fully equipped with a range, refrigerator, and dishwasher for everyday convenience. Beyond the individual living spaces, the property features shared on-site coin laundry facilities and two garage spaces, adding significant value and the potential for additional parking or storage revenue. Situated in an incredibly walkable Ballard location, residents have easy access to the neighborhood's renowned dining, shopping, and entertainment. This is a rare chance to own a fully occupied, well-performing asset with clear upside in one of Seattle's strongest rental markets.

5506 7th Avenue NW, Seattle

Listing courtesy of COMPASS.

$1,092,500
2543891 MLS ⋅ ACTIVE Status
Classic craftsman triplex rich with all of the charming details you dream of - original woodwork, built-ins, oversized windows & high-ceilings. Set in a 10/10 location with a park as your backyard, Ballard's brewery district & endless other options for fun & dining right out your doorstep, & easy access to public transportation & the Gilman Trail. The primary home is a duplex plus a detached cottage & garage. Washer/dryer in all 3 units & potential to develop the attic into a 4th unit (buyer to verify). One of the few remaining original properties in the area that has not been redeveloped. Fully occupied with consistent long-term tenants, & seldom vacancies are always filled immediately. Inspection report and sewer scope available upon request. Long-standing tenants with two leases expiring summer 2026 & one in Jan 2027. Each tenant pays the following monthly utility fee in addition to rent: Unit 908 - $160/mo, Unit 910 - $115/mo, Unit 908 1/2 - $90/mo.

910 NW 52nd Street, Seattle

Listing courtesy of John L. Scott, Inc.

$950,000
2535881 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status
Imagine buying your first home and having two tenants help pay your mortgage every month. For the first time ever, this triplex is being offered by its original owner—a rare opportunity to build wealth through real estate while enjoying the comfort of homeownership. Instead of purchasing a traditional townhome and carrying the full mortgage yourself, live in the spacious two-story 3-bedroom, 1.5-bath owner's unit and collect rental income from two additional 2-bedroom, 1-bath units to help offset your monthly housing costs.The owner's unit offers the privacy and feel of a townhome, with living, dining, and kitchen spaces on the main floor and generously sized bedrooms upstairs. Whether you're a first-time buyer looking to lower your housing expenses or an investor seeking strong rental income, this property offers immediate earning potential from day one. Additional features include a shared laundry room, three designated parking spaces, ample street parking, and a roof replaced just five years ago for added peace of mind. Conveniently located near shopping, dining, public transit, and within walking distance of light rail access, this property combines lifestyle, convenience, and investment potential.

3317 Claremont Avenue S, Seattle

Listing courtesy of KW Greater Seattle.

$1,150,000
2533338 MLS ⋅ ACTIVE Status
Prime Central District development opportunity!! 4,900 sq ft corner lot zoned LR2 (M) with an 8-unit townhouse project already in the final correction stage with the City of Seattle. Much of the design and permitting work has been completed, giving the next owner a valuable head start toward redevelopment. Architectural fees and third-party consultant fees have already been paid, adding even more value for the next owner. Existing triplex provides interim income potential with one 2BD/1BA unit and two 1BD/1BA units, with a shared laundry. Separate meters and driveways on both sides of the lot add flexibility. Grab your shovel, and get ready to unlock the full potential of this well-positioned CD site. Request marketing file for full project description. Buyer to verify all information to their satisfaction.

118 27th Avenue S, Seattle

Listing courtesy of Keller Williams Realty Bothell.

$1,350,000
2532884 MLS ⋅ ACTIVE Status
Rare Investment Opportunity on Queen Anne’s Desirable South Slope! Discover this architect-designed, multi-level triplex offering the perfect blend of historic charm, modern living & unbeatable location. Just steps from Seattle Center, restaurants, grocery stores, lush parks & many transit options, this property is a premium find for investors or owner-occupants. Unlike typical multi-family properties, this unique building avoids the "apartment feel." The main level [A] feels like a true standalone home, radiating the warmth of a 1900’s Craftsman with exquisite vintage details & a cozy, inviting atmosphere. Meanwhile, the townhome [109] added in 1986 features sleek, modern design spread across a dynamic two-level layout, where an oversized skylight floods the space with natural light, ensuring it feels bright & open. Above it all, the top level [B] has a charming, airy garret feel. Top-tier features include exceptional outdoor living, as every single unit enjoys its own private brick paved deck and a patio & fenced yard for the townhome unit. Rare urban parking for all units, including a common garage that provides parking for two units plus off-street parking for the third unit. Combined with the reliability of a highly desirable location & a track record of dependable, long-term tenants, this property is a standout. Whether you want to live in one unit and let the others pay your mortgage or add a high-performing asset to your portfolio, this Queen Anne find is a must-see!

111 W Kinnear Place, Seattle

Listing courtesy of Coldwell Banker Bain.

$1,149,000
2532062 MLS ⋅ ACTIVE Status
Ask about seller-paid 2% rate buydown potentially providing 5% interest Located in one of Seattle's most sought-after neighborhoods, this charming Eastlake property presents a rare opportunity for both investors and owner-occupants. Perfectly positioned just minutes from Lake Union, downtown Seattle, South Lake Union, and Capitol Hill, the property benefits from Eastlake's unbeatable walkability, vibrant restaurant scene, coffee shops, waterfront access, and convenient transit connections. The property has a long history of strong occupancy and consistently attracts high-quality tenants thanks to its highly desirable location and neighborhood appeal. Eastlake remains one of Seattle's most resilient rental markets, known for low vacancy and strong rental demand driven by nearby tech and medical employment centers. Currently configured as a legal triplex, the property offers flexible income-producing potential with the opportunity for owner-occupancy while offsetting expenses through rental income. The property also includes additional shared storage and laundry space, along with valuable future upside through its LR2(M) zoning and development potential. Whether you are looking for a stable investment property, a future development opportunity, or a home in one of Seattle's most amenity-rich neighborhoods, this Eastlake property offers exceptional long-term value in a premier location.

267 E Newton Street, Seattle

Listing courtesy of Pacific Crest.

$799,950
2527876 MLS ⋅ ACTIVE Status
Exceptional fully rented triplex offering immediate rental income and long-term investment potential with zoning for up to 4 units. This income-generating property has a strong rental history with reliable tenants and low vacancy, making it a smart addition to any investment portfolio. The versatile floorplan includes a spacious upper 3-bedroom, 2-bath unit along with two lower-level units, creating multiple streams of income and future owner-occupant flexibility. Each unit features its own washer and dryer for added tenant convenience. Significant updates include a newer roof installed in 2018 and a new sewer line completed in 2021. The property also offers abundant off-street parking, a valuable feature for tenants and guests alike. Ideally situated near I-5, Hwy 99, downtown Seattle, SODO, Burien, and Sea-Tac Airport, this location provides quick access to major job centers, public transportation, shopping, dining, and everyday amenities. With continued growth and rental demand throughout the Seattle area, this turnkey multifamily property combines stable cash flow, strong location appeal, and future development possibilities in one compelling investment opportunity.

10033 Des Moines Memorial Drive S, Seattle

Listing courtesy of John L. Scott, Inc.

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