6620 Carleton Avenue S, Seattle, WA 98108

$989,000
3,550
SqFt

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Listing courtesy of The Agency Seattle.

List Price
$989,000
Status
ACTIVE
MLS#
2578910
Days on Market
1
Style
53 - Tri-plex
Building Condition
Updated/Remodeled
Finished SqFt
3,550
Area Total SqFt
3550
Annual Tax Ammount
8452.87
Lot Size (sq ft)
2,468
Sewer
Sewer Connected

Property Description

Fully leased Georgetown triplex offering immediate income, historic Seattle charm and compelling future upside. Currently generating $6,800/month in gross rent, this classic 1900 Craftsman has been thoughtfully remodeled for modern comfort while retaining the character of its historic roots. The property features a desirable unit mix with an upper 3 bedroom, 1 bath residence plus two lower 1 bedroom, 1 bath units. Each residence features its own in-unit washer and dryer, while recent improvements include a new roof and air conditioning for all three units, adding to the property’s long-term appeal and tenant comfort. Set in one of Seattle’s most distinctive neighborhoods, the property offers convenient access to Georgetown’s vibrant dining, arts and creative scene, as well as I-5, SoDo and Downtown Seattle. Previously approved plans for an additional basement dwelling unit are available, presenting an exciting potential value-add opportunity, subject to current permitting and buyer verification. A rare opportunity to own a piece of Seattle history while investing in its future, with established income in place and long-term potential.

Additional Information

List Date
2026-09-10 16:13:12
Community
Georgetown
Net Operating Income
$73,147
Gross Adjusted Income
$81,600
Gross Scheduled Income
$81,600
Total Monthly Income
$6,800
Gross Rent Multiplier
12.12
Total Expenses
$8,452
Cap Rate
7.4
Total Number of Units
3
Unit Name
6620
Potential Terms
Cash, Conventional
Year Built
1900
Roof
Composition
Energy Source
Electric, Natural Gas
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,800
Gross Scheduled Income
$81,600
Gross Adjusted Income
$81,600
Tax Year
2026
Total Expenses
$8,452
Net Operating Income
$73,147
Gross Rent Multiplier
12.12
Cap Rate
7.4
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.
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