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Occupied Triplex with Alley Parking
For Sale
$1,150,000

3438 14th Avenue W, Seattle, WA 98119

Seattle, WA

Property SizeContact for details
Lot Size0.14 Acres
Days on Market53

Property Features for 3438 14th Avenue W

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Subdivision Interbay
Elementary school Frantz Coe Elementary
Middle school Mc Clure Mid
High school Lincoln High
Standard status Active
Lot size 0.14 Acres

Amenities

in-unit laundry
decks
fireplace
basement storage
native landscaping

Building Details

Year built 1963
Listing Agency: Engel & Volkers Seattle Downtown · Engel & Völkers
Listed By: Bradley Wakeman
Added: Jul 15 Changed: Aug 19 Last Checked: Sep 5 at 9:06AM
MLS# 2551244

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1963 triplex at 3438 14th Avenue W in Seattle includes three occupied units, each with in-unit laundry. Unit 1 has a fireplace, full appliances, and a private deck, while Units 2 and 3 are one-bedroom residences with rents below Interbay market rates. The property also provides four parking stalls along a private dead-end alley and northwest-facing decks.

Building improvements include a standing metal roof, copper plumbing, fresh exterior paint, and a 330 SF flexible basement for additional storage. Native landscaping supports a simple grounds-maintenance program. The property sits on a 6,000 SF lot with alley access and is zoned LR1(M).

Key Highlights

  • Three occupied units with in‑unit laundry
  • Four parking stalls accessed from a private dead‑end alley
  • 330 SF flexible basement for additional storage

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Grocery & Convenience Store Pharmacy Barber Shop Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,087
Businesses Nearby

Demographics for 98119, WA

26,238
Population
15,323
Households
1.7
Avg Household Size
35
Median Age
71%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
10,933
Density / Sq Mi
$125,021
Median Household Income
$74,038
Median Earnings
$1,963
Median Rent
$1,032,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied units offer in-unit laundry, private decks, and access to parking from a dead-end alley.
Where is this triplex located?
The property is located at 3438 14th Avenue W Seattle, WA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three occupied units with in‑unit laundry; Four parking stalls accessed from a private dead‑end alley; 330 SF flexible basement for additional storage
More about this property
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