Listing courtesy of Lee & Associates Commercial RE 206-267-1457
Prime investment opportunity in one of Seattle’s most desirable neighborhoods. Steps from dining, shopping, and public transit, this well-maintained property features spacious units averaging 900 SF, including one 3-bdrm, three 2-bdrm, and one 1-bdrm unit. Recent capital improvements include a new roof (Oct 2024), exterior sealant coating(Jul 2024), and deck replacements (May 2025). With no current charges for parking or utilities, new ownership can immediately boost revenue. Additional value-add possibilities include converting carports for secured parking or adding a sixth unit (buyer to verify). Common laundry, the 3-bedrm has private W/D. Light renovations could increase rental income by 20%, making this an excellent opportunity.
Prime investment opportunity in one of Seattle’s most desirable neighborhoods. Steps from dining, shopping, and public transit, this well-maintained property features spacious units averaging 900 SF, including one 3-bdrm, three 2-bdrm, and one 1-bdrm unit. Recent capital improvements include a new roof (Oct 2024), exterior sealant coating(Jul 2024), and deck replacements (May 2025). With no current charges for parking or utilities, new ownership can immediately boost revenue. Additional value-add possibilities include converting carports for secured parking or adding a sixth unit (buyer to verify). Common laundry, the 3-bedrm has private W/D. Light renovations could increase rental income by 20%, making this an excellent opportunity.
Multifamily
Multi Family
1977
--
--
0.12
Active
117
5,553 Sq. Ft.
118
5,100 Sq. Ft.
Dea Sumantri
Lee & Associates Commercial RE
King
NWM2381058
Closing
Listings last updated on 09/18/2025 10:56 PM.
$1,024,102
9%
$1,036,507
11%
47
15%
178
8%
$950,000
3%
$975,000
3%
101%
2%
111
18%
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