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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Mark W. DeSpain, Windermere RE Greenwood

3,120
Square feet
$304
Per sq ft
Multi Family
Type
1969
Year built
17,265 sq ft
Lot
0
Days on market

About this property

Toatally renovated and 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. features that attract 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. Minutes to [downtown Seattle / SeaTac / major employers via 509], transit, and the White Center–Burien amenity corridor. Small renovated multifamily rarely comes available in this area. Ideal for a buy-and-hold investment and 1031 exchange buyers seeking immediate placement. Full financials, rent roll, and lease documentation available to qualified buyers on request.

Location & commute

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Directions

Property details

Listing details

Listing number
#2556281
Listed
July 17, 2026
Days on market
0
Price per sq ft
$304

Unit & building

Stories in building
2
Units in building
4

Homeowners association

HOA dues
$11 monthly

Parking

Total spaces
12

Views

View
Territorial

Construction

Year built
1969
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
Vinyl Plank

Lot

Lot features
AlleyCorner LotPaved
Lot size
17,265 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.

  • Territorial
  • Quadruplex
  • Composition
  • Baseboard
  • None
  • Electric
  • Vinyl Plank
  • Alley
  • Corner Lot
  • Paved
  • Cash

Listing history

  1. Listed

    $949,500

    July 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

$5,540

Principal & interest
$4,801
Property tax (est.)
$728
HOA dues
$11

Assumes $189,900 down (20%), a $759,600 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 17, 2026 at 9:45 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.