About this home

Exceptional investment opportunity on the western slope of Queen Anne. This well-maintained mid-century five-plex offers strong income, consistently low vacancy, and compelling long-term potential. The building and all five units are in great condition and each unit has its own dedicated storage unit in the basement. An attractive cap rate provides solid returns today with potential to further maximize income over time. The location provides quick access to Interbay, Ballard, Fremont, Magnolia, Downtown Seattle, and Highway 99, making it highly desirable for tenants seeking convenience and connectivity. Residents also enjoy easy access to Queen Anne's vibrant restaurants, cafés, shopping, parks, and major employment centers. A dependable, income-producing asset in one of Seattle's premier neighborhoods, with the potential to benefit from continued appreciation and future value-add. Pre-listing inspection report available upon request.

Exterior features

Schools

Property details

Heating

Baseboard, Radiant

Cooling

None

Flooring

Laminate, Vinyl Plank, Carpet

View

See Remarks, Sound, Territorial

Lot

Curbs, Paved, Sidewalk

Water source

Public

Sewer

Sewer Connected

Costs

Annual taxes

$15,593 (2026)

Location

Seattle, WA 98119