Listed by Paul Jackson, Real Property Associates
- 4,030
- Square feet
- $633
- Per sq ft
- Multi Family
- Type
- 1922
- Year built
- 4,320 sq ft
- Lot
- 117
- Days on market
About this property
Rare University District income property with 8-bed main house + newer 3-bed DADU, generating $15,100/month ($181,200/year) in rental income with true zero vacancy. Tenants pay all utilities and the property has undergone significant upgrades including a nearly new DADU, renovated basement, radiant in-floor heat, mini-split, remodeled kitchen and powder room, new electrical and plumbing, and more. Stabilized NOI ˜ $160K with strong rental demand and minimal near or mid-term cap-ex. Listed at $2.55M (~6.4% cap / 14× GRM). Excellent opportunity for anyone seeking durable income in the University District.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2493978
- Listed
- March 18, 2026
- Days on market
- 117
- Price per sq ft
- $633
Unit & building
- Stories in building
- 2
- Units in building
- 2
Construction
- Year built
- 1922
- Style
- 52 - Duplex
- Structure
- Duplex
- Roof
- Composition
Heating & cooling
- Heating
- DuctlessRadiant
- Cooling
- Ductless
- Energy source
- ElectricNatural Gas
Lot
- Lot size
- 4,320 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Seattle
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Duplex
- Composition
- Ductless
- Radiant
- Electric
- Natural Gas
- Cash
- Conventional
- Public
- Sewer Connected
Listing history
Listed
$2,550,000
March 18, 2026
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
$14,849
- Principal & interest
- $12,894
- Property tax (est.)
- $1,955
Assumes $510,000 down (20%), a $2,040,000 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
$2,495,000
405 Prospect Street #300
Seattle, WA
$2,975,000
1218 3rd Avenue W
Seattle, WA
$1,850,000
5006 3rd Avenue NW
Seattle, WA
$1,950,000
10829 42nd Avenue SW
Seattle, WA
$2,650,000
1701 33rd Avenue
Seattle, WA
$2,750,000
725 Harvard Avenue E
Seattle, WA
Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 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.