Listed by Elena Pike, Torre Realty
- Multi Family
- Type
- 1955
- Year built
- 7,970 sq ft
- Lot
- 395
- Days on market
About this property
Prime 7-Unit Investment Opportunity Just 15 Minutes from Downtown Seattle. Located in a high-demand area, this fully occupied 7-unit property offers strong cash flow and excellent rental history. Zoned LR3, the site allows for a variety of redevelopment options. The next door property—also zoned LR3—is also listed for sale, creating the potential for a larger-scale development. All units have been tastefully updated, including kitchens, bathrooms, and flooring. Additional income is generated through coin-operated laundry on-site. A rare chance to invest or build in one of Seattle’s most strategic locations.
Location & commute
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Property details
Listing details
- Listing number
- #2413358
- Listed
- July 28, 2025
- Days on market
- 395
- Original list price
- $1,699,000
Unit & building
- Stories in building
- 1
- Units in building
- 7
Construction
- Year built
- 1955
- Style
- 55 - 5-9 Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Laminate
Lot
- Lot features
- CurbsPavedSidewalk
- Lot size
- 7,970 sq ft
Terms
- Terms offered
- CashConventionalOwner Will Carry
Utilities
- Water
- Seattle
- Sewer
- Seattle
- Power
- Seattle
Schools
- District
- Seattle
- Elementary
- Seattle Public Sch
- Middle
- Seattle Public Sch
- High
- Rainier Beach High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Multi Family
- Composition
- Baseboard
- None
- Electric
- Laminate
- Curbs
- Paved
- Sidewalk
- Cash
- Conventional
- Owner Will Carry
Listing history
Listed
$1,699,000
July 28, 2025
Current price
$1,589,000
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
$9,253
- Principal & interest
- $8,035
- Property tax (est.)
- $1,218
Assumes $317,800 down (20%), a $1,271,200 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.
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Based on information submitted to the MLS GRID as of August 28, 2026 at 4:45 AM 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.