


2215 W Raye StreetSeattle, WA 98199
Multi-Family · 8 Beds · 3,683 Sq. ft. | 0.11 Acres2215 W Raye Street Overview
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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 3BR/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.
2215 W Raye Street Facts & Features
- Type Multi-Family
- Sq. ft. 3,683
- Price/Sq.ft. $367
- Lot 0.11 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Seattle
Income/Expenses
- Other Expense: 8250
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 107976
- Insurance Expense: 4547
- Net Operating Income: 67483
- Total Expenses: 36174
- Total Monthly Income: 8998
- Water/Sewer/Garbage: 7076
Building Information
- New Construction: No
- Year Built: 1965
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 700 - Queen Anne/Magnolia
- Subdivision Name: Magnolia
Tax Information
- Tax Annual Amount: $16,301.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 2771600415
- Possible Use: Multi-Family
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 2
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 3683
- Building Area Units: Square Feet
- Calculated Square Footage: 3683
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Ceramic Tile, Vinyl Plank, Carpet
- Heating: Yes
- Leasable Area: 3683
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 3
Exterior
Parking Information
- Open Parking: No
- Parking Total: 6
- Parking Uncovered Total: 4
Lot Information
- Irrigation Water Rights: No
- Lot Features: Dead End Street, Paved
- Lot Size Acres: 0.1148
- Lot Size Square Feet: 5000
- Lot Size Units: Square Feet
- Site Features: Deck
- Elevation Units: Feet
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Flat
- Structure Type: Triplex
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 2
- Exterior Features: Wood
- Number Of Units Total: 3
- Sewer: Sewer Connected
Unit Information
Unit 3 Details
- Actual Rent: 2500
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Actual Rent: 2866
- Beds Total: 3
- Baths Total: 2
Unit 1 Details
- Actual Rent: 3137
- Beds Total: 3
- Baths Total: 2
2215 W Raye Street Neighborhood
Community
98199 (Seattle) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2215 W Raye Street Monthly Cost
2215 W Raye Street Market Data
Based on the last 30 days in this zip code
2215 W Raye Street History
| Date | Value | Agent |
|---|---|---|
| 5/29/2026Source: NWMLS | Pending |
|
| 5/18/2026Source: NWMLS | May 18, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |




















