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JRJeff ReynoldsCompass · Seattle

Listed by George Graham, John L. Scott, Inc

6,793
Square feet
$294
Per sq ft
Multi Family
Type
1968
Year built
1 sq ft
Lot
398
Days on market

About this property

Portfolio of SEVEN 2 and 3 bed CONDO UNITS located at the well maintained + professionally managed Gilmanor Building, a premier Magnolia Community. Unique investment and perfect 1031 exch opportunity offers investors strong cash flow, stable rents in high appreciation zip code. Each unit is thoughtfully designed for comfort+ efficiency, ranging in size from 786-1081 sf. Units feature gas fireplaces, private balconies and newly renovated interiors. Building amenities include on-site laundry, intercom entry system, elevator, assigned parking spots and additional storage. Convenient location offers easy access to major employers, close proximity to Magnolia Village and Discovery Park. Walk Score of 77 and Bike Score of 62

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2390679
Listed
June 10, 2025
Days on market
398
Price per sq ft
$294
Original list price
$2,250,000

Unit & building

Building
Gilmanor
Stories in building
4
Units in building
23

Parking

Total spaces
7

Views

View
Territorial

Construction

Year built
1968
Style
55 - 5-9 Units
Structure
Multi Family
Roof
Flat

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
VinylVinyl PlankCarpet

Lot

Lot features
CurbsPavedSidewalk
Lot size
1 sq ft

Terms

Terms offered
CashSee Remarks

Utilities

Water
Seattle PU
Sewer
Seattle PU
Power
Seattle City Light

Schools

District
Seattle
Elementary
Lawton
Middle
Mc Clure Mid
High
Ballard High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Territorial
  • Multi Family
  • Flat
  • Baseboard
  • None
  • Electric
  • Vinyl
  • Vinyl Plank
  • Carpet
  • Curbs
  • Paved
  • Sidewalk

Listing history

  1. Listed

    $2,250,000

    June 10, 2025

  2. Current price

    $2,000,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$11,646

Principal & interest
$10,113
Property tax (est.)
$1,533

Assumes $400,000 down (20%), a $1,600,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.