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JRJeff ReynoldsCompass · Seattle

Listed by Natalia Duta, John L. Scott Mill Creek

Multi Family
Type
2025
Year built
6,000 sq ft
Lot
51
Days on market

About this property

Rare investment opportunity in South Seattle! Short sale. Nearly completed 6-unit construction project with strong upside and rental income potential. Major construction is complete, with remaining work including paving, landscaping, parking improvements, and interior finishing touches. Estimated completion costs under $100K. Projected market value upon completion is approximately $3M. Excellent opportunity for builders, investors, or developers looking to finish a high-potential project. Conveniently located 3 minutes to I-90 and a 14-minute walk to Beacon Hill Station with easy access to Seattle, Eastside tech hubs, and Sea-Tac Airport. 84 Walk Score and 75 Transit Score.

Location & commute

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Directions

Property details

Listing details

Listing number
#2528598
Listed
May 23, 2026
Days on market
51

Unit & building

Stories in building
2
Units in building
6

Parking

Total spaces
6

Views

View
Territorial

Construction

Year built
2025
Style
55 - 5-9 Units
Structure
Multi Family
Roof
See Remarks
New construction
Yes

Heating & cooling

Heating
Ductless
Cooling
Ductless
Energy source
Electric

Flooring

Flooring
Vinyl PlankCarpet

Lot

Lot features
Paved
Lot size
6,000 sq ft

Terms

Terms offered
CashConventionalFHA

Utilities

Water
Seattle Public Utilities
Sewer
Sewer Connected
Power
Seattle City Light

Schools

District
Seattle
Elementary
Leschi
High
Garfield High

What stands out to you?

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  • Territorial
  • Multi Family
  • See Remarks
  • Ductless
  • Electric
  • Vinyl Plank
  • Carpet
  • Paved
  • Cash
  • Conventional
  • FHA
  • Sewer Connected

Listing history

  1. Listed

    $2,500,000

    May 23, 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

$14,558

Principal & interest
$12,641
Property tax (est.)
$1,917

Assumes $500,000 down (20%), a $2,000,000 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 14, 2026 at 12:00 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.