2352 49th Avenue SW, Seattle, WA 98116

$1,250,000
3,360
SqFt

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Listing courtesy of AQUA Real Estate.

List Price
$1,250,000
Status
ACTIVE
MLS#
2570576
Days on Market
0
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,360
Area Total SqFt
3360
Annual Tax Ammount
12020
Internet Provider
Comcast
Lot Size (sq ft)
5,350
Sewer
Sewer Connected

Property Description

Prime West Seattle location within walking distance of Admiral Junction & California Ave SW sets the stage for this distinctive mid-century triplex, with easy access to neighborhood dining, shops, parks, waterfront recreation & everyday conveniences. Three separate residences feature individual entrances, spacious interiors & original architectural details. Unit 2352 offers single-level living with an open living/dining area, wood-burning brick fireplace, wood-paneled accent wall, exposed dark-stained beams, galley kitchen with pass-through breakfast bar, vaulted ceilings, clerestory windows & oak hardwood floors. Unit 2354 features a spacious two-level layout with a full-height brick fireplace, exposed beams, vaulted ceilings & expansive picture windows. Hardwood floors extend through the main-level bedroom & hallway, while the lower-level primary suite offers LVP flooring, oversized windows & a ¾ bath with tiled walk-in shower. Unit 235½ continues the mid-century character with a freestanding fireplace, slate-blue tile entry, large window-lined living room & kitchen with extensive wood cabinetry and generous counter space. Two bedrooms & a full bath complete the residence. Mature trees & lush landscaping surround the shared backyard, with fenced outdoor areas & private/reserved parking. A rare combination of location, versatility & character.

Additional Information

List Date
2026-09-03 23:28:11
Community
North Admiral
Net Operating Income
$43,780
Gross Adjusted Income
$64,800
Gross Scheduled Income
$72,000
Total Monthly Income
$6,000
Insurance Expenses
$4,000
Water/Sewer/Garbage Expenses
$2,500
Gross Rent Multiplier
17.36
Total Expenses
$21,020
Cap Rate
3.5
Vacancy Rate
10
Total Number of Units
3
Unit Name
2352
Potential Terms
Cash, Conventional
Year Built
1965
View
Territorial
Roof
Torch Down
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet
Electric Expenses
1000
Other Expenses
1000
Energy Source
Electric, Natural Gas, Wood
School District
Seattle
Elementary School
Alki
Middle School
Madison Mid
High School
West Seattle High
Total Monthly Income
$6,000
Gross Scheduled Income
$72,000
Vacancy Rate
10
Gross Adjusted Income
$64,800
Tax Year
2026
Insurance Expense
$4,000
W/S/G Expenses
$2,500
Total Expenses
$21,020
Net Operating Income
$43,780
Gross Rent Multiplier
17.36
Cap Rate
3.5
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.

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