5208 Sand Point Way NE, Seattle, WA 98105
- $1,649,500
- 3,510
- SqFt
Listing courtesy of Sea to Sky Realty.
- List Price
- $1,649,500
- Status
- ACTIVE
- MLS#
- 2561695
- Days on Market
- 0
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 3,510
- Area Total SqFt
- 3510
- Annual Tax Ammount
- 14584.58
- Lot Size (sq ft)
- 7,488
- Sewer
- Sewer Connected
Property Description
Beautifully maintained triplex offering classic charm, modern updates, a durable metal roof, fresh exterior paint (2025), and strong rental performance in one of Seattle’s most desirable neighborhoods. Three bright, well-designed units - 3BD/1.75BA, 2BD/1BA, and 1BD/1BA - each with updated finishes, modern appliances, brick fireplaces, efficient gas heating, and private in-unit laundry. Every unit has its own entrance and outdoor space: a large patio (3BD), a balcony plus new composition deck & railing (2BD), and a welcoming front porch (1BD). Single-car garages for two larger units, plus ample on-site and off-street parking. Large, fenced backyard with rear-gate access. Minutes to UW, Magnuson Park, Seattle Children’s, University Village, shopping, dining, transit, and the Burke-Gilman Trail. A rare chance to acquire a stable, income-producing asset in a high-demand Seattle location - ideal for investors seeking long-term value and consistent tenant demand.
/u.realgeeks.media/nwmoderngroup/nwmodern_blue-grey_logo_REAL_black-real.png){kind=logo}
Additional Information
- List Date
- 2026-09-17 07:29:11
- Community
- Sand Point
- Net Operating Income
- $75,373
- Gross Adjusted Income
- $99,780
- Gross Scheduled Income
- $99,780
- Total Monthly Income
- $8,315
- Insurance Expenses
- $2,340
- Water/Sewer/Garbage Expenses
- $5,082
- Gross Rent Multiplier
- 17
- Total Expenses
- $24,407
- Cap Rate
- 4.57
- Total Number of Units
- 3
- Unit Name
- 5208
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1958
- View
- Territorial
- Roof
- Metal
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
- Other Expenses
- 2400
- Energy Source
- Electric, Natural Gas, Wood
- School District
- Seattle
- Elementary School
- Laurelhurst
- Middle School
- Hamilton Mid
- High School
- Roosevelt High
- Total Monthly Income
- $8,315
- Gross Scheduled Income
- $99,780
- Gross Adjusted Income
- $99,780
- Tax Year
- 2026
- Insurance Expense
- $2,340
- W/S/G Expenses
- $5,082
- Total Expenses
- $24,407
- Net Operating Income
- $75,373
- Gross Rent Multiplier
- 17
- Cap Rate
- 4.57
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.