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Listed by:Pacific Crest • Alan Wileman

$1,149,000

Est. payment - /mo

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2 Beds

3 Baths

1,760 SqFt

Active

267 E Newton ST Seattle, WA 98102

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Ryan Born

ryan@born-realty.com +1(206) 498-0342

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,760 sqft

Price per Sqft $652

Subdivision Eastlake

MLS Listing ID 2532062

Style 53 - Tri-plex

Bedrooms 2

Year Built 1909

Annual Tax Amount $12,438

Lot Size 3,700 Sqft

Property Sub-Type Multi Family

Property Description

Ask about seller-paid 2% rate buydown potentially providing 5% interest Located in one of Seattle's most sought-after neighborhoods, this charming Eastlake property presents a rare opportunity for both investors and owner-occupants. Perfectly positioned just minutes from Lake Union, downtown Seattle, South Lake Union, and Capitol Hill, the property benefits from Eastlake's unbeatable walkability, vibrant restaurant scene, coffee shops, waterfront access, and convenient transit connections. The property has a long history of strong occupancy and consistently attracts high-quality tenants thanks to its highly desirable location and neighborhood appeal. Eastlake remains one of Seattle's most resilient rental markets, known for low vacancy and strong rental demand driven by nearby tech and medical employment centers. Currently configured as a legal triplex, the property offers flexible income-producing potential with the opportunity for owner-occupancy while offsetting expenses through rental income. The property also includes additional shared storage and laundry space, along with valuable future upside through its LR2(M) zoning and development potential. Whether you are looking for a stable investment property, a future development opportunity, or a home in one of Seattle's most amenity-rich neighborhoods, this Eastlake property offers exceptional long-term value in a premier location.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Flooring Ceramic Tile, Hardwood, Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio

View Y/N Yes

View City, Lake, Partial, Territorial

Roof Type Composition

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Lowell

Middle Schools Meany Mid

High Schools Garfield High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Mortgage Calculator

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Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Home Services

Health & Medical

Recreation

Beauty

Travel

Education

Overholt William Interiors

1902 10th Ave E, Seattle, WA 98102

Interior Design Phone: 206-323-7223

Educational Environment

Elementary Schools (1)

Name

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