Central Area Homes with 53 - Tri-plex Style

Welcome to the vibrant Central Area of Seattle, Washington—a neighborhood that beautifully blends urban energy with a sense of community. Nestled in the heart of King County, the Central Area is known for its rich cultural heritage, diverse population, and a thriving arts scene. Here, you'll find a delightful mix of local eateries, boutique shops, and green spaces, all contributing to the neighborhood’s unique charm.

One of the standout features of the Central Area is its remarkable tri-plex style homes. These properties not only offer a cozy living experience but also provide an excellent opportunity for investment. With three separate living units, tri-plex homes are perfect for multi-generational families or savvy investors looking to capitalize on Seattle's booming rental market. The architecture often reflects the neighborhood's historical roots, featuring classic designs that seamlessly blend with modern amenities.

Living in the Central Area means you are just a stone’s throw away from Seattle's bustling downtown, yet you can enjoy the tranquility of tree-lined streets and community parks. Residents appreciate the easy access to public transportation, making commuting a breeze. Plus, with a variety of local events and festivals throughout the year, there’s always something happening right in your backyard.

Whether you’re looking to settle down in a welcoming community or seeking a lucrative investment opportunity, the Central Area's tri-plex homes offer the best of both worlds. Discover the perfect blend of comfort, culture, and convenience in this dynamic Seattle neighborhood!

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.

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