Property Details
2613 3rd Avenue W
Seattle, WA 98119
$1,678,000
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Property Overview
Unique income-generating property in lively Queen Anne, boasting a 7.2% Cap Rate. This new construction duplex includes upgraded interior soundproofing, plumbed for portable A/C & en suite baths for ultimate privacy & enjoyment. 2,450 sq ft over 3 levels featuring a full kitchen and dining area, 8 bedrooms, 8 baths & 2 washers & dryers. Lower level ADU Apartment features 2 beds, 2 baths with full kitchen & laundry; great opportunity for a Pied a Terre; owner occupant. Long term leases with options for renewal and rent increase in place.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Queen Anne
Listed
Mar 13, 2026
Financial Summary
Cap Rate
6.90%
Net Operating Income
$115,894
Gross Scheduled Income
$149,260
Gross Rent Multiplier
11.24
Total Expenses
$28,888
Vacancy Rate
3.0%
Building & Use
Building Sq Ft
3,150
Leasable Area
3,050 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
2,452 sqft
Year Built
2024
Exterior & Lot
Lot Size
0.06 sqft
Year Built
2024
Exterior Materials
Cement Plank, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Cement Planked, Wood
Location
City
Seattle
County
King
Coordinates
47.64365, -122.36112
Additional Information
New Construction
Yes
Tax Year
2025
Annual Taxes
$21,736
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 4:34 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
