$1,275,000
Est. $6,910/mo1,790 sq ft
1414 E Spring Street, Seattle, WA 98122
• Listed Nov 5, 2026•19 days active · 19 cumulative
Listing Broker: Windermere Real Estate Midtown; Jordan Rabinowe; 206-579-9764; Jordan@WilcynskiPartners.com
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Listing Broker: Windermere Real Estate Midtown; Jordan Rabinowe; 206-579-9764; Jordan@WilcynskiPartners.com
About this home
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 Jordan Rabinowe • Windermere Real Estate Midtown
Listing updated: November 6, 2026 at 02:56pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2601441
Around this home
How much should you offer?
1414 E Spring Street, Seattle, WA 98122
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Tri-plex
Flooring
- Ceramic Tile
- Hardwood
Heating & cooling
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDiggerSeattle School District
- Madrona K-5 SchoolPublic · Grades PK-5 · State rank 613 of 1,1384/10
- Edmonds S. Meany Middle SchoolPublic · Grades 6-8 · State rank 185 of 5146/10
- Garfield High SchoolPublic · Grades 9-12 · State rank 38 of 39610/10
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Multi-family facts
As entered by the listing broker on Northwest MLS
Units
- Total units
- 3
- Units in building
- 3
- Units below grade
- false
- Building square feet
- 1,790 sq ft
Income & expenses
- Gross scheduled income
- $71,244
- Total monthly income
- $5,937
- Gross adjusted income
- $69,819
- Net operating income
- $49,477
- Cap rate
- 3.9%
- Gross rent multiplier
- 18.26
- Vacancy rate
- 2%
- Total expenses
- $20,342
- Insurance
- $1,925
- Electric
- $1,247
- Other expenses
- $850
- Water / sewer / garbage paid by
- 5227
Parking & storage
- Parking spaces
- 2
- Uncovered parking
- 2
Taxes & assessment
- Annual taxes
- $11,093
- Tax year
- 2026
- Financing
- Cash, Conventional
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 1414 E Spring Street
NWMLS via MLS Grid · King County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Nov 5, 2026ListedNWMLS via MLS Grid · #2601441$1,275,000$712/sq ft
- Apr 22, 2015SoldNWMLS via MLS Grid · #736879$546,000$305/sq ft
- Mar 2, 2015PendingNWMLS via MLS Grid · #736879$575,000$321/sq ft
- Jan 29, 2015ListedNWMLS via MLS Grid · #736879$575,000$321/sq ft
- Jul 22, 2005SoldNWMLS via MLS Grid · #25073788$570,000$318/sq ft
- Jul 1, 2005PendingNWMLS via MLS Grid · #25073788$580,000$324/sq ft
Mortgage payment forecast
$8,153 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Windermere Real Estate Midtown; Jordan Rabinowe; 206-579-9764; Jordan@WilcynskiPartners.com
Market pulse
Seattle is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 63 days.
Recent sales nearby
Within 1 mile · last 6 months$2,400,000 Sold
5 days ago
6 bd•3.75 ba•~3,400 sq ft•Single Family
1123 31st Avenue, Seattle, WA 98122
4%
Under list
63
Days on market
0.9 mi
Distance
$1,160,000 Sold
2 weeks ago
3 bd•1.5 ba•~1,695 sq ft•Single Family
822 31st Avenue, Seattle, WA 98122
5%
Under list
37
Days on market
1.0 mi
Distance
$865,000 Sold
2 weeks ago
3 bd•1.5 ba•~1,880 sq ft•Single Family
112 18th Avenue, Seattle, WA 98122
4%
Under list
47
Days on market
0.7 mi
Distance
$800,000 Sold
2 weeks ago
3 bd•3.25 ba•~1,720 sq ft•Single Family
1137 26th Avenue, Seattle, WA 98122
3%
Under list
146
Days on market
0.7 mi
Distance
$795,000 Sold
2 weeks ago
2 bd•1 ba•~1,140 sq ft•Single Family
2211 E Olive Street, Seattle, WA 98122
0%
Over list
31
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 10:58 AM PT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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© 2026 Northwest Multiple Listing Service. All rights reserved.
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