Fully remodeled and completely vacant triplex in the heart of Seattle—perfect for owner-occupants or investors. Top-floor owner’s unit features Space needle views, peekaboo sound view and a large deck for entertaining. 4 bdrm, 2 modern bth, office space, an attached 2-car garage, garden space and generous storage. 2 updated lower units offer excellent income potential. Each 2 bdrm unit has a laundry room, ample storage, a parking spot and a deck to enjoy outdoor lounging. Prime Oueen Anne location just 2 blocks from Seattle Center with easy access to transit, bike trails, shops, and dining. A rare opportunity to own a turnkey multi-family property with flexibility, location, and lifestyle. Don’t miss this one!
Active
Listed by:
Tonya Spivey,
Keller Williams Downtown Sea,
Johnine Leslie Larsen,
Keller Williams Downtown Sea
Price cut: $150K (11/21)
$2,050,000
161 Valley Street, Seattle, WA 98109
8beds
4baths
4,700sqft
Est.:
Triplex
Built in 1965
-- sqft lot
$1,914,300 Zestimate®
$436/sqft
$-- HOA
What's special
Parking spotOffice spaceGarden spacePeekaboo sound viewSpace needle viewsAmple storageGenerous storage
- 78 days |
- 1,281 |
- 82 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 08:28am
Listed by:
Tonya Spivey,
Keller Williams Downtown Sea,
Johnine Leslie Larsen,
Keller Williams Downtown Sea
Source: NWMLS,MLS#: 2447242
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Unit(s), Electric, Natural Gas, Wood
Cooling
- None
Features
- Flooring: Ceramic Tile, Engineered Hardwood, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 4,700
- Total interior livable area: 4,700 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open
- Covered spaces: 2
- Uncovered spaces: 2
Features
- Has view: Yes
- View description: City, Sound
- Has water view: Yes
- Water view: Sound
Lot
- Size: 4,321.15 Square Feet
- Features: Curbs, Paved, Sidewalk, Deck, Fenced-Partially, Gas Available, Patio
Details
- Parcel number: 5457300650
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco, Wood Siding
- Foundation: Poured Concrete
- Roof: Flat,Torch Down
Condition
- Updated/Remodeled
- Year built: 1965
- Major remodel year: 1990
Utilities & green energy
- Electric: Company: Seattle City Light
- Sewer: Sewer Connected, Company: Seattle Public Utilities
- Water: Public, Company: Seattle Public Utilities
Community & HOA
Community
- Subdivision: Queen Anne
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $436/sqft
- Tax assessed value: $1,418,000
- Annual tax amount: $13,848
- Date on market: 10/20/2025
- Cumulative days on market: 80 days
- Listing terms: Cash Out,Conventional
Estimated market value
$1,914,300
$1.82M - $2.01M
$3,795/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Price change | $2,050,000-6.8%$436/sqft |
Source:  NWMLS #2447242 Report a problem | ||
| 10/22/2025 | Listed for sale | $2,200,000+131.6%$468/sqft |
Source: NWMLS #2447242 Report a problem | ||
| 1/16/2012 | Listing removed | $2,300 |
Source: RE/MAX NORTHWEST REALTORS #299936 Report a problem | ||
| 12/3/2011 | Listed for rent | $2,300 |
Source: RE/MAX NORTHWEST REALTORS #299936 Report a problem | ||
| 10/3/2011 | Sold | $950,000$202/sqft |
Source: NWMLS #259020 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,848 -8.6% | $1,418,000 -10.9% |
| 2023 | $15,147 +5.8% | $1,591,000 -5.1% |
| 2022 | $14,316 +7.9% | $1,677,000 +17.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$12,231/mo
Principal & interest
$10112
Property taxes
$1401
Home insurance
$718
Climate risks
Neighborhood: Lower Queen Anne
Nearby schools
GreatSchools rating
- 7/10Hay Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10McClure Middle SchoolGrades: 6-8Distance: 0.8 mi
- 8/10The Center SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: John Hay Elementary
- Middle: Mc Clure Mid
- High: Lincoln High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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