Listed by Deep Paknikar, AgencyOne
- 3,120
- Square feet
- $304
- Per sq ft
- Multi Family
- Type
- 1969
- Year built
- 17,000 sq ft
- Lot
- 156
- Days on market
About this property
Fully renovated, fully occupied four-plex — turnkey income property in a proven Seattle rental corridor. Rare opportunity to acquire stabilized small multifamily where all the work is already done. Each of the four 2-bedroom, 1-bath units was comprehensively renovated in 2025 with new kitchens, updated baths, modern flooring, and in-unit washer/dryers — and every unit enjoys its own private outdoor space (decks, patios, or yard) plus reserved parking, the amenity package that attracts quality tenants and keeps them in place. Long-term tenants occupy all four units, with current rents sitting below market — organic upside with zero additional capex, not a value-add project. Minutes to [downtown Seattle / SeaTac / major employers via 509], transit, and the White Center–Burien amenity corridor, where renovated small multifamily rarely comes available. Back on market through no fault of the property — prior buyer's financing failed. Ideal for buy-and-hold investors, house-hackers (live in one, rent three), and 1031 exchange buyers seeking immediate placement. Full financials, rent roll, and lease documentation available to qualified buyers on request.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2502279
- Listed
- April 3, 2026
- Days on market
- 156 (includes a prior listing period)
- Price per sq ft
- $304
- Original list price
- $999,000
Unit & building
- Stories in building
- 2
- Units in building
- 4
Homeowners association
- HOA dues
- $11 monthly
Parking
- Total spaces
- 12
Construction
- Year built
- 1969
- Style
- 54 - 4-Plex
- Structure
- Quadruplex
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- None
- Energy source
- Electric
Lot
- Lot size
- 17,000 sq ft
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Sewer
- Sewer Connected
Schools
- District
- Highland
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Quadruplex
- Composition
- Forced Air
- None
- Electric
- Cash
- Conventional
- FHA
- VA Loan
- Sewer Connected
Listing history
Listed
$999,000
April 3, 2026
Current price
$950,000
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
$5,543
- Principal & interest
- $4,804
- Property tax (est.)
- $728
- HOA dues
- $11
Assumes $190,000 down (20%), a $760,000 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.
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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.