2215 W Raye Street Seattle, WA $ 1,350,000
2215 W Raye Street
$ 1,350,000
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2215 W Raye Street

Seattle, WA, 98199
$ 1,350,000
Baths0.0 Sq 3,683

Monthly Estimate*

$ 8,312

Listed by Westlake Associates, Inc.
2215 W Raye Street, Seattle, WA 98199 - Image 1
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Studio

Multi-Family Home for sale in Seattle, WA

for $1,350,000. This 3,683 square foot home was built in 1965 on a lot size of 0.1148.

Premier Magnolia Triplex Featuring Expansive 2BR Floorplans & Iconic Seattle Views Located at the end of a quiet Magnolia cul-de-sac, 2215 W Raye St presents a rare opportunity to acquire a meticulously maintained and extensively updated triplex featuring oversized two-bedroom floor-plans, sweeping Elliott Bay and city views, and strong in-place cash flow. Originally built in 1965, the property has benefited from major upgrades including copper plumbing supply lines, double-pane vinyl windows, new exterior paint, and renovated unit interiors featuring luxury vinyl plank flooring, updated tile work, and upgraded appliances. The property consists of one 2BR/1BA unit totaling approximately 1,195 SF and two spacious 2BR/1.5BA units averaging approximately 1,244 SF. Each residence offers fireplaces, formal dining rooms, large covered view decks, private in-unit laundry, and highly functional layouts that create a true single-family home feel. The upper two units enjoy panoramic Elliott Bay, Seattle skyline, and Mount Rainier views. The property also offers four dedicated parking stalls plus an attached two-car garage and is ideally located just moments from Bayview Park, Downtown Magnolia’s shops and restaurants, and convenient access to Downtown Seattle, South Lake Union, Queen Anne, Fremont, and Ballard.

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 16,301

Style

Tri-plex

Lot Size

0.1148

Year Built

1965

Town/City

Seattle

County/Region

King

MLS | Web ID

2525633

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Flat
HOA Fee 0
Garage Spaces 2
Year Built 1965
View City Mountains Sound Territorial
Property Subtype Multi Family
Tax Year 2026
County King
Net Operating Income 67483
Insurance Expense 4547
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Magnolia
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From Downtown Seattle north on Elliott Ave W left on W Garfield St/Magnolia Bridge. Right on Thorndyke Ave W. Left on Thorndyke Pl W. Straight on 24th Ave W. Right on W Raye St. Site on right.
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Multi-Family
Number Of Units Total 3
MLS Area 700 - Queen Anne/Magnolia
Lot Size Units Square Feet
Lot Size Square Feet 5000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 16301
Electric Expense 0
Fuel Expense 0
Public Remarks Premier Magnolia Triplex Featuring Expansive 2BR Floorplans & Iconic Seattle Views Located at the end of a quiet Magnolia cul-de-sac 2215 W Raye St presents a rare opportunity to acquire a meticu
Leasable Area 3683
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 7076
Property Style 53 - Tri-plex
Cap Rate 5
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Exterior
Exterior Amenities Wood
Lot Features Dead End Street Paved
Total Parking 6
Building Area Total 3683
Lot Size Acres 0.1148
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Deck
Parking Uncovered Total 4
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Interior
Flooring Ceramic Tile Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2525633
Street Number 1 2215
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* Excluded Features
List By
Curran C. Hagstrom

Listing Agent

Westlake Associates, Inc.

Broker

Affordability Calculator

$9,671
Per Month
86%
14%
0%
Monthly Principal & Interest
$8,312
Monthly Property Taxes
$1,358
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257829 Elementary School
258279 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2026$1,350,000 Listed Price

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2215 W Raye Street, Seattle, WA, 98199 is a Multi-Family Home for sale at $1,350,000 with 3,683 sqft and a lot size of 0.1148. 2215 W Raye Street is a studio with 0.0 baths and was built in 1965. The property's zip code is 98199 which is in Seattle, WA