8848 Interlake Avenue N, Seattle, WA 98103

$1,398,000
3,810
SqFt

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Listing courtesy of Sea to Sky Realty.

List Price
$1,398,000
Status
ACTIVE
MLS#
2562087
Days on Market
7
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,810
Area Total SqFt
3810
Annual Tax Ammount
15057
Lot Size (sq ft)
6,663
Sewer
Sewer Connected

Property Description

TURNKEY GREEN LAKE TRIPLEX | NEW ROOF & GUTTERS | 3 PRIVATE GARAGES. Well-kept, fully occupied triplex offering immediate cash flow in a premier Green Lake location - with flexible options for future owner-occupancy. Units: Three light-filled, spacious homes — one 2BR/2BA and two 2BR/1BA — featuring modern finishes, updated appliances, and private secured entries. Garages & Laundry: Each home includes an oversized private garage, non-shared laundry, and an interior utility sink, plus additional on-site/off-street parking. Recent Cap Ex (2026): New roof, gutters, downspouts, and fresh paint. One unit refreshed with a new kitchen, updated bath, interior paint, and a newly painted private balcony. Lot: Fully fenced 6,663 SF lot with a large yard and private rear access via N 90th St. Minutes to Green Lake, Northgate Light Rail, UW, Ballard, and Downtown Seattle with quick I-5/Hwy 99 access. Ideal for investors or owner-occupants seeking long-term value and flexibility.

Additional Information

List Date
2026-09-10 07:58:10
Community
Green Lake
Net Operating Income
$81,323
Gross Adjusted Income
$104,820
Gross Scheduled Income
$104,820
Total Monthly Income
$8,735
Insurance Expenses
$2,971
Water/Sewer/Garbage Expenses
$5,067
Gross Rent Multiplier
13
Total Expenses
$23,496
Cap Rate
5.82
Total Number of Units
3
Unit Name
8848
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1977
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
Electric Expenses
401
Energy Source
Electric, Wood
School District
Seattle
Elementary School
Daniel Bagley
Middle School
Robert Eagle Staff Middle School
High School
Ingraham High
Total Monthly Income
$8,735
Gross Scheduled Income
$104,820
Gross Adjusted Income
$104,820
Tax Year
2026
Insurance Expense
$2,971
W/S/G Expenses
$5,067
Total Expenses
$23,496
Net Operating Income
$81,323
Gross Rent Multiplier
13
Cap Rate
5.82
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.
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