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1414 E Spring St, Seattle, WA 98122

$1,350,000
•
  • —

    bed

  • —

    bath

  • 1,790

    Sqft ($754/Sqft)

House for sale 13 days
Listing Broker: Windermere Real Estate Midtown; Jordan Rabinowe; 206-579-9764; Jordan@WilcynskiPartners.com

About 1414 E Spring St

Property type House
Neighborhood
Year built 1901
HOA fee $0/month
Lot size 3,600 Sqft
Movoto estimate
Property description
An incredible opportunity to own a three-unit property in one of Seattle’s most connected locations. Just blocks from Seattle University and minutes from Capitol Hill, First Hill, Downtown and the Pike/Pine corridor, this triplex puts some of the city’s best dining, shopping, nightlife, employment centers and transit within easy reach. Three distinct residences offer multiple income opportunities: a two-bedroom, one-bathroom main unit, a one-bedroom, one-bath upper unit, and an upper studio unit with one-bathroom. Each residence includes an in-unit washer-dryer. The two-bedroom unit is currently vacant, providing an immediate opportunity for an owner-occupied space while continuing to rent the other units. Whether adding to an investment portfolio or entering the multifamily market, this is a rare opportunity to own three units in the heart of the city.
Listed by
Listing Agent - Jordan Rabinowe
Listing Office - Windermere Real Estate Midtown
Source: NWMLS mls logo
MLS#2596217 • last updated 1 week ago
Movoto checked NWMLS for data 17 minutes ago
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Overview
Cooling/AC None
Heating Wall Furnace
Levels/Style Triplex
MLS # 2596217
Virtual Tour External Link
SubType Multi Family
Type Residential Income
SqFt 1790
Status Active
Lot Size (SqFt) 3600
Lot Size (Acres) 0.0826
Property Tax 11093
Year Built 1901
Interior
Exterior
Foundation Poured Concrete
Roof Composition
# Parking Spaces 2
# Uncovered Spaces 2
Amenities / Utilities
Sewer/ Septic Sewer Connected, Seattle Public Utilities
Water Public
Water Company Seattle Public Utilities
Power Company Seattle City Light
Power Production: Type Electric, Natural Gas
Security Features Partially Fenced
Location
View Territorial
County King
Subdivision Capitol Hill
Area 390 - Central Seattle
Elementary School Madrona Elementary
Middle School Meany Mid
High School District Seattle
High School Garfield High
APN 2254501440
Zoning Residential
Multifamily Details
Net Operating Income 49477
Capitalization Rate 3.7
Expense: Insurance 1925
Expense: Electricity 1247
Gross Scheduled Income 71244
Expense: Other 850
Gross Adjusted Income 69819
Total Expenses 20342
Gross Rent Multiplier 18.95
Nwm_Totalmonthlyincome 5937
Vacancy Rate 2
Lot/ Land Details
Site Features Fenced-Partially, Gas Available
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Source: GreatSchools.org © 2026. All rights reserved.

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