Listed by Aaron Byrne, KW Everett
- 5,156
- Square feet
- $310
- Per sq ft
- Multi Family
- Type
- 1969
- Year built
- 6,750 sq ft
- Lot
- 1
- Days on market
About this property
Rare value-add opportunity in the heart of West Seattle's Admiral District. This 8-unit multifamily property sits on a 6,750 SF LR3 RC (M) zoned lot in a designated Urban Village — with permits already in hand to expand to 10 units. Renovate the existing 1969-built structure and capture immediate rent upside, or leverage approved plans to rebuild and maximize density. Solid poured-concrete foundation, on-site parking for 8 vehicles, and Puget Sound views from upper units add lasting value regardless of path chosen. With Seattle's One Seattle Comprehensive Plan and pending Centers and Corridors legislation positioning Admiral District for continued growth, this is a rare entry point for investors seeking income today and upside tomorrow. Offered at $1,600,000. *Some pics prior to current remodel*
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2576278
- Listed
- August 31, 2026
- Days on market
- 1
- Price per sq ft
- $310
Unit & building
- Stories in building
- 4
- Units in building
- 8
Parking
- Total spaces
- 8
Views
- View
- MountainsPartialSoundTerritorial
Construction
- Year built
- 1969
- Style
- 55 - 5-9 Units
- Structure
- Multi Family
- Roof
- FlatTorch Down
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- ConcreteVinylCarpet
Lot
- Lot features
- AlleyCurbsPavedSidewalk
- Lot size
- 6,750 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- SPU
- Sewer
- SPU
- Power
- SPU
Schools
- District
- Seattle
- Elementary
- Gatewood
- Middle
- Madison Mid
- High
- West Seattle High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Mountains
- Partial
- Sound
- Territorial
- Multi Family
- Flat
- Torch Down
- Baseboard
- None
- Electric
- Concrete
- Vinyl
Listing history
Listed
$1,600,000
August 31, 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
$9,317
- Principal & interest
- $8,090
- Property tax (est.)
- $1,227
Assumes $320,000 down (20%), a $1,280,000 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 September 1, 2026 at 12:30 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.