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.
Pending
Listed by: Westlake Associates, Inc.
$1,350,000
2215 W Raye Street, Seattle, WA 98199
8beds
5baths
3,683sqft
Triplex
Built in 1965
-- sqft lot
$1,341,200 Zestimate®
$367/sqft
$-- HOA
What's special
Renovated unit interiorsLarge covered view decksNew exterior paintFormal dining roomsPrivate in-unit laundryHighly functional layoutsUpdated tile work
- 37 days |
- 104 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Curran C. Hagstrom,
Westlake Associates, Inc.,
Collin Hagstrom,
Westlake Associates, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2525633
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Ceramic Tile, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,683
- Total interior livable area: 3,683 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: City, Mountain(s), Sound, Territorial
- Has water view: Yes
- Water view: Sound
Lot
- Size: 5,000 Square Feet
- Features: Dead End Street, Paved, Deck
Details
- Parcel number: 2771600415
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subtype: Triplex
Materials
- Wood Siding
- Roof: Flat
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Sewer Connected
Community & HOA
Community
- Subdivision: Magnolia
Location
- Region: Seattle
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $1,566,000
- Annual tax amount: $16,301
- Date on market: 5/18/2026
- Cumulative days on market: 38 days
- Listing terms: Conventional
Estimated market value
$1,341,200
$1.27M - $1.41M
$3,361/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Pending sale | $1,350,000$367/sqft |
Source:  NWMLS as distributed by MLS GRID #2525633 Report a problem | ||
| 5/18/2026 | Listed for sale | $1,350,000+86.2%$367/sqft |
Source: NWMLS as distributed by MLS GRID #2525633 Report a problem | ||
| 3/27/2006 | Sold | $725,000+7.4%$197/sqft |
Source: Public Record Report a problem | ||
| 10/31/2005 | Sold | $675,000+35.5%$183/sqft |
Source: Public Record Report a problem | ||
| 8/7/2001 | Sold | $498,000+23%$135/sqft |
Source: NWMLS as distributed by MLS GRID #21082551 Report a problem | ||
| 9/14/1999 | Sold | $405,000+17.4%$110/sqft |
Source: Public Record Report a problem | ||
| 10/31/1995 | Sold | $345,000$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,301 +10.4% | $1,566,000 +2.4% |
| 2024 | $14,771 +5.7% | $1,529,000 +3.9% |
| 2023 | $13,980 +2.6% | $1,472,000 -8.1% |
| 2022 | $13,623 +9.6% | $1,602,000 +19.4% |
| 2021 | $12,431 +7.5% | $1,342,000 +13.3% |
| 2020 | $11,567 -5.1% | $1,184,000 -6.5% |
| 2019 | $12,191 +15.1% | $1,266,000 +3.6% |
| 2018 | $10,592 -0.7% | $1,222,000 +14.3% |
| 2017 | $10,662 +45.6% | $1,069,000 +9.8% |
| 2016 | $7,323 | $974,000 +10.8% |
| 2015 | $7,323 | $879,000 +16.6% |
| 2014 | $7,323 | $754,000 +4.1% |
| 2013 | $7,323 | $724,000 +13.7% |
| 2012 | -- | $637,000 +5.3% |
| 2011 | -- | $605,000 -5.6% |
| 2010 | -- | $641,000 |
| 2009 | -- | $641,000 +5.4% |
| 2007 | -- | $608,000 +6.7% |
| 2006 | -- | $570,000 +8.4% |
| 2005 | -- | $526,000 +33.2% |
| 2001 | $4,613 -5.6% | $395,000 -0.3% |
| 2000 | $4,887 | $396,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Magnolia
Nearby schools
GreatSchools rating
- 7/10Magnolia Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10McClure Middle SchoolGrades: 6-8Distance: 1.3 mi
- 9/10Ballard High SchoolGrades: 9-12Distance: 2.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- King County
- Seattle
- 98199
- Magnolia
- 2215 W Raye Street
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