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About the Listing 7091 - 9242
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.
Listing Highlights
Interior Details
- Bedrooms: 8
- Bathrooms: 8 Full
- Appliances:
- Air Cond:
- Heating: See Remarks,Wall Furnace
- Fireplaces: 0
- Floor: Laminate,Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Seattle
Exterior Details
- Lot Description: Curbs,Paved,Sidewalk,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio
- Garage Capacity: N/A
- Parking Spaces: 3
- Roof: Composition
- Others: Cement Planked
- Sewer: City of Seattle
Financial Details
- Tax Amount: $13,303
- Taxes w/Assessments: N/A
- Tax/Property ID: 1934800136
- Tax Year: 2026
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
154 18th Ave Seattle, WA 98122
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