Listed by Mark Caldwell, Columbia Partners Real Estate
- 8,664
- Square feet
- $519
- Per sq ft
- Multi Family
- Type
- 2026
- Year built
- 5,000 sq ft
- Lot
- 26
- Days on market
About this property
6%+ cap rate in the heart of West Seattle Morgan Junction! Six tax parcels one building. Acquire 1031 then sell one unit every 2 years make this an advantageous tax move? New construction modern design & luxury commercial grade finishes combined with ideal location check all the boxes for landlord & tenant. Sustainability meets low cost of ownership make this the ideal investment opportunity. Nearly green built w/HE Mitsubishi in-ceiling ductless heating/cooling, dual Panasonic energy recovery ventilators, HE hybrid recirculating HW & heated tile floors. Open floorplan, floor to ceiling windows, ideal for entertaining. Rooftop deck w/commanding Puget Sound & Olympic Mountain views. Primary suite has dual WIC's w/custom built-in closet systems, dual sink vanity & custom shower tile/glass. Off-street parking with EV chargers. Urban living at its finest, steps to the Morgan Junction, dining, coffee, craft beers, Zeek's Pizza & the unsurpassed local & international selections of the West Seattle Town&Country/Thriftway. Minutes to Lincoln Park for hiking/biking & beach combing & Colman Saltwater Pool Seattle's ONLY saltwater swimming pool. Easy to rent, low turnover new construction with all the amenities tenants want make this a landlords dream.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2541407
- Listed
- June 17, 2026
- Days on market
- 26
- Price per sq ft
- $519
Unit & building
- Unit
- A-F
- Stories in building
- 4
Parking
- Total spaces
- 4
Views
- View
- MountainsSoundTerritorial
Construction
- Year built
- 2026
- Style
- 55 - 5-9 Units
- Structure
- Multi Family
- Roof
- Flat
- New construction
- Yes
Heating & cooling
- Heating
- 90%+ High EfficiencyDuctlessRadiant
- Cooling
- 90%+ High EfficiencyDuctless
- Energy source
- Electric
Flooring
- Flooring
- Ceramic TileVinyl Plank
Lot
- Lot size
- 5,000 sq ft
Terms
- Terms offered
- Cash
Utilities
- Water
- SPU
- Sewer
- SPU
- Power
- SCL
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.
- Mountains
- Sound
- Territorial
- Multi Family
- Flat
- 90%+ High Efficiency
- Ductless
- Radiant
- Electric
- Ceramic Tile
- Vinyl Plank
- Cash
Listing history
Listed
$4,500,000
June 17, 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
$26,204
- Principal & interest
- $22,754
- Property tax (est.)
- $3,450
Assumes $900,000 down (20%), a $3,600,000 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.
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Based on information submitted to the MLS GRID as of July 14, 2026 at 12:45 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.