$1,100,000

7 Beds 6 Baths 5,220 SQFT 0.21 Acres

Type: Multi-Family

14001 35th Avenue NE
Seattle, WA 98125

MLS#: 2570689

Presented by: Pacific Crest; Alan Wileman; 559-679-7128; alan.wileman@pacificcrestre.com

Property Description

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.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo

Fireplace Y/NNo

FlooringLaminate, Vinyl Plank, Carpet

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories2

General

AmenitiesBasement

Building Area Units0 sqft

Cap Rate3.73

Carport Spaces3

Carport Y/NNo

CitySeattle

CoolingNone

CountyKing

DirectionsFrom Seattle - Merge onto I-5 North: Take Exit 174; Turn right onto NE 130th St.; Turn left onto Lake City Way NE; Turn right onto NE 135th St.; turn left onto 35th Ave NE; destination on your left

Electric Expense653

Elementary SchoolOlympic Hills

Fuel Expense0

Garage Spaces0

HOANo

HOA Fee$0

HeatingBaseboard

High SchoolNathan Hale High

High School DistrictSeattle

Insurance Expense2950

Leasable Area4,140 sqft

Listing TermsCash, Conventional

Living Area0 sqft

Lot Size Square Feet9,066 sqft

Lot Size UnitsSquare Feet

MLS Area705 - Ballard/Greenlake

Middle/Junior High SchoolJane Addams

NWM_ShowMapLinkY

Net Operating Income66498

New ConstructionNo

Number Of Units Total3

PossessionClosing

Possible UseMulti-Family, Residential

Property ConditionAverage

Property Style53 - Tri-plex

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksWell-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 internationa

RoofComposition

Security FeaturesPartially Fenced

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeTriplex

Subdivision NameWallingford

Tax Annual Amount$11,086

Tax Year2025

Units Below Gradefalse

Water CompanySeattle Public Utilities

Water Sewer Garbage6091

Year Built1978

Zoning DescriptionMulti-Family, Residential

Exterior

Building Area Total5,220 sqft

Covered Spaces3

Exterior AmenitiesCement Planked, Wood

Foundation DetailsPoured Concrete

Irrigation Water Rights Y/NNo

Lot FeaturesCorner Lot, Curbs, Paved, Sidewalk, Value In Land

Lot Number4

Lot Size Acres0.2081

Parking Uncovered Total5

Site FeaturesCable TV, Deck, Fenced-Partially, Patio

Total Parking8

Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Olympic Hills Elementary School

High School Nathan Hale High

Middle School Jane Addams Middle School

Similar Properties

$1,100,000

7 Beds 6 Baths 5,220 SQFT 0.21 Acres

Type: Multi-Family

14001 35th Avenue NE
Seattle, WA 98125

MLS#: 2570689

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Property

$1,100,000

14001 35th Avenue NE
Seattle, WA 98125

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$1,100,000

14001 35th Avenue NE
Seattle, WA 98125

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Property

$1,100,000

14001 35th Avenue NESeattle, WA 98125

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$1,100,000

14001 35th Avenue NESeattle, WA 98125

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14001 35th Avenue NE
Seattle, WA 98125

14001 35th Avenue NE
Seattle, WA 98125