$999,975
201 26th Avenue E, Seattle, WA 98112
2,600 Sq Ft
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MLS #2552312 / Listing provided by NWMLS & Windermere RE/Capitol Hill,Inc.

$999,975

201 26th Avenue E
Seattle, WA 98112

Active 21 hours ago
2,600
Sq Ft
$385
Per Sq Ft
1962
Year Built

205 26th Ave E is a classic Madison Park triplex — three two-bedroom units, generating steady cash flow instantly, with original condition throughout that puts real upside within reach. Renovate unit by unit and push rents toward market as leases turn over (currently month to month), or take the whole building through a full remodel to maximize long-term value — updated finishes and dedicated parking carry a clear rent premium. Set in Madison Park, one of Seattle's most desirable and supply-constrained lakeside neighborhoods, the building offers alley-accessed off-street parking—sought after in this neighborhood— in a rental submarket that has consistently supported strong occupancy and rents, with limited new supply to compete against. The sale is paired with the sister triplex next door at 201 26th Ave E (MLS #2552312), each contingent on the other, so a buyer takes down three income-producing units immediately, with the option to renovate for stronger returns, plus the added long-term upside of the combined corner site's LR3 development potential should redevelopment be the directon you want to take the property. Value-add triplexes with cash flow already in place and this much room to grow rarely come available in this pocket of Seattle. Unit 201 is Owner Occupied.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Parking Total: 3
  • Total Uncovered Parking Spaces: 3

Structure

  • Roof: Flat
  • Exterior Features: Wood
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Acres: 0.1102
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Seattle
  • High School: Garfield High
  • Middle School: Meany Mid
  • Elementary School: Mc Gilvra

Lot Details

  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • Acres: 0.1102
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric
  • Power Company: Seattle City Light

Water, Sewer, and Garbage

  • Sewer Company: Seattle Public Utilities
  • Sewer: Sewer Connected
  • Water Company: Seattle Public Utilities
  • Water Source: Public
  • Water, Sewer, and Garbage: 4730.2
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