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605 W Emerson St
Seattle, WA 98119
605 Queen Anne Triplex · Multifamily Property For Sale · 3 Units

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EXECUTIVE SUMMARY

Lee & Associates NW Multifamily Team is pleased to present the exclusive listing of 605 W Emerson St, a classic 1960 triplex delivered fully vacant at closing. This rare offering allows investors or owner-occupants to lease at market rents immediately or pursue value-add renovations.
Centrally located between Ballard, Fremont, South Lake Union, and Downtown Seattle, the property offers convenient access to top employers including Meta, Google, Amazon, and Expedia.
Set on a quiet residential street, the triplex features functional layouts, updated kitchen countertops with undermount sinks and cabinets that make the units rent-ready at market levels. Each unit features spacious bedrooms and living areas, and recent system updates include double-pane windows and newer hot water tanks. A large common area with laundry and storage, connected to the lower unit, provides potential to add rentable square footage (buyer to verify).
605 Queen Anne Triplex presents a prime opportunity with strong upside, favorable residential financing, and an unbeatable location in one of Seattle’s most desirable neighborhoods.
Vacant at Closing – Immediate Value-Add Opportunity
Renovate on day one and achieve market rents without delay.
Great Location with Spacious Units
Residential setting and within walking distance to amenities and three dedicated parking spaces.
Convenient Access to Major Employer Access
Close to Ballard, Fremont, SLU, Downtown, and major tech employers.
Well-Maintained with Recent Updates
Roof replaced in 2017, hot water tanks replaced in 2020, double-pane windows
605 Queen Anne Triplex is ideally located in Queen Anne, a neighborhood renowned for its distinctive residential character, featuring stately historic mansions, Victorian homes, and classic Craftsman houses, offering its residents a tranquil neighborhood setting with seamless access to employment, education and amenities. Positioned near the Fremont Cut, 605 Queen Anne Triplex places tenants within minutes of Seattle’s leading tech employers, such as Meta, Apple, Amazon, and Google as well the educational institution of Seattle Pacific University and the recently opened West Canal Yards maker space and R&D hub.
Nearly equidistant from Old Ballard and Fremont, 605 Queen Anne Triplex allows tenants to explore a wealth of dining, retail, and entertainment options in both vibrant neighborhoods, as well as in Queen Anne and Uptown. The scenic Ship Canal Trail and nearby green space provide excellent outdoor amenities, serving as a recreational outlet for biking and jogging while also providing a transit alternative for tenants.
With a central location offering a high quality of life and unmatched accessibility, 605 Queen Anne Triplex is well-positioned as an investment opportunity. The property's appeal to professionals seeking proximity to major job centers, coupled with Queen Anne's enduring desirability and the region’s strong rental demand, makes it an attractive choice for long-term value appreciation and consistent tenant interest.

PROPERTY FACTS Under Contract

Price Per Unit $502,718 CAD
Sale Type Investment
No. Units 3
Property Type Multifamily
Apartment Style Low-Rise
Lot Size 0.10 AC
Building Size 2,630 SF
No. Stories 2
Year Built 1960
Zoning MIO-37-LR1 (M)

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 - 530
2+1 1 - 900
3+1 1 - 1,200
  • Listing ID: 38021984

  • Date on Market: 2025-10-09

  • Last Updated:

  • Address: 605 W Emerson St, Seattle, WA 98119

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