Renovated Triplex with
1113 15th Ave Seattle, WA 98122
1113 15th Ave, Seattle, WA, 98122
Contact for pricing
For Sale
Contact for pricing
Pending
Triplex features remodeled units, full-size in-unit washer/dryers, forced-air gas heat, and garage plus off-street parking.
Days on Market103
Property Features for 1113 15th Ave
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Real Property Associates
Listed by
Gordon Stephenson · License #WA
Source
Crexi
Added: Apr 12 Updated: Jul 23 at 4:14AM Checked: Jul 23 at 4:14AM
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Investment Insights
Based on property information with market context.
This renovated triplex includes three separate units. Unit 1115 is a two-level 4-bed, 2-bath layout with high ceilings, a large kitchen, extensive office space, city views, a west-facing deck, and a top-to-bottom remodel completed in 2018, including a primary suite. Unit 1113 is a 3-bed, 1.5-bath home with similar spaciousness and high ceilings, along with extensive upgrades completed in 2021. Unit 1113 1/2 offers a large 1-bedroom configuration with a big kitchen plus living and office space.
All units include full-size washer/dryer. The property provides a 1-car garage and off-street parking for at least 5 vehicles. Forced air gas heat and gas hot water are installed and all new as of 2019.
Set on a quiet, tree-lined street with a Walk Score of 80, the property is within an easy walk to light rail, First Hill, Seattle U, and a wide variety of restaurants and shopping. The current cap rate is stated at 4.6%, despite below-market rents.
All units include full-size washer/dryer. The property provides a 1-car garage and off-street parking for at least 5 vehicles. Forced air gas heat and gas hot water are installed and all new as of 2019.
Set on a quiet, tree-lined street with a Walk Score of 80, the property is within an easy walk to light rail, First Hill, Seattle U, and a wide variety of restaurants and shopping. The current cap rate is stated at 4.6%, despite below-market rents.
Key Highlights
- Current 4.6% CAP (despite below‑market rents)
- 3‑unit triplex with unit mix: 4 bed/2 bath (1115), 3 bed/1.5 bath (1113), and 1 bed (1113 1/2)
- 2018 top‑to‑bottom remodel in 1115 with primary suite, large kitchen, extensive office space, and west‑facing deck with city views
Property Analytics
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FAQs
What type of property is this?
Triplex - Triplex features remodeled units, full-size in-unit washer/dryers, forced-air gas heat, and garage plus off-street parking.
Where is this triplex located?
The property is located at 1113 15th Ave Seattle, WA.
What are key features of this property?
This property features: Current 4.6% CAP (despite below‑market rents); 3‑unit triplex with unit mix: 4 bed/2 bath (1115), 3 bed/1.5 bath (1113), and 1 bed (1113 1/2); 2018 top‑to‑bottom remodel in 1115 with primary suite, large kitchen, extensive office space, and west‑facing deck with city views