Must See!! Well Maintained 4 Plex with Spacious Units. Great investment opportunity with Two 2 bedroom units and Two 1 bedroom units. Long time owner has kept the rents low, tons of potential to increase rents and create additional cash flow. Huge 11,326 sq ft lot with possibilities for more units in the backyard. Nice new driveway up to the building, property sits nicely above the street for additional privacy and separation from the road. Two of the units have a private decks and nice backyard spaces. Washer and Dyers in each unit, storage spaces available for tenants, plenty of parking with 6 Covered Carports, 100% leased. Conveniently located close to Seatac airport, freeways, and downtown Seattle
John L. Scott, IncLicense #41595Listed on: 05/29/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2381574
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$10,540
Year Built
Built in 1979
Lot Details
0.26 Acre Lot
Partially Fenced Property
Property is in good condition
Parking
6 Parking Spaces
Home Design
Quadruplex
Poured Concrete
Bitumen Roof
Wood Siding
Cement Board or Planked
Interior Spaces
2,964 Sq Ft Home
1-Story Property
Vinyl Flooring
Mountain Views
Bedrooms and Bathrooms
6 Bedrooms
4 Bathrooms
Additional Features
Deck
Baseboard Heating
Community Details
No Home Owners Association
Seattle Subdivision
Listing and Financial Details
Assessor Parcel Number 0795001845
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$10,540
Year Built
Built in 1979
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi Family
StyleCode: 54 - 4-Plex
Year Built: 1979
MLS Status: Active
Prev Status: Active
New Construction: No
CalculatedSquareFootage: 2964
EffectiveYearBuiltSource: Public Records
Special Features: None
Cumulative Days on Market: 1
Interior Features
Possible Use: Multi-Family
Total Bedrooms: 6
Fireplace: No
Flooring: Vinyl
Stories: 1
SquareFootageFinished: 0
SquareFootageUnfinished: 0
BathsFullUpper: 0
BathsHalfUpper: 0
BathsThreeQuarterUpper: 0
BedroomsUpper: 0
Amenities: Storage
Exterior Features
Roof: Torch Down
View: Mountain(s)
Lot Features: Paved
View: Yes
Waterfront: No
Construction Type: Cement Plank, Wood
Exterior Features: Cement Planked, Wood
Foundation Details: Poured Concrete
Property Condition: Good
Structure Type: Quadruplex
Garage/Parking
Carport Spaces: 6
Carport Y N: No
Open Parking: No
Total Parking Spaces: 6
ParkingUncoveredSpaces: 0
Utilities
Sewer: Available, Sewer Connected
Water Source: Public
Security: Partially Fenced
Cooling: None
Cooling Y N: No
Heating: Baseboard
Heating Yn: Yes
PowerCompany: City of Seattle
SewerCompany: Valley View Sewer
WaterCompany: Water District 20
WaterSewerGarbage: 9733
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Junior High Dist: Highline
Lot Info
Parcel Number: 0795001845
Lot Size Acres: 0.26
Lot Size Sq Ft: 11326
Zoning Description: Multi-Family
Irrigation Water Rights: No
ShowMapLink: true
SiteFeatures: Deck,Fenced-Partially
MLSLotSizeSource: Realist
MLSSquareFootageSource: Appraisal
ZoningJurisdiction: County
Green Features
Power Production Type: Electric
Rental Info
GrossRentMultiplier: 12
LeasedItems: None
TotalMonthlyIncome: 6530
Multi Family
Gross Scheduled Income: 78360
Net Operating Income: 54029
Number Of Units Total: 4
Electric Expense: 303
Insurance Expense: 3755
Leasable Area: 2964
EnergySource: Electric
UnitsInBuildingTotal: 4
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2025
Tax Annual Amount: 10540
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2024
$10,541
$856,000
$283,100
$572,900
2023
$10,493
$937,000
$283,100
$653,900
2022
$11,211
$891,000
$249,100
$641,900
2021
$10,917
$846,000
$226,500
$619,500
2020
$9,280
$777,000
$226,500
$550,500
2018
$7,590
$514,000
$169,800
$344,200
2017
$7,167
$483,000
$169,800
$313,200
2016
$5,745
$463,000
$169,800
$293,200
2015
$5,004
$378,000
$169,800
$208,200
2014
--
$318,000
$169,800
$148,200
2013
--
$318,000
$169,800
$148,200
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
05/29/202505/29/25
For Sale
$975,000
--
$329 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
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This home is located at 10725 Myers Way S, Seattle, WA 98168 and is currently priced at $975,000, approximately $328 per square foot. This property was built in 1979. 10725 Myers Way S is a home located in King County with nearby schools including White Center Heights Elementary, Cascade Middle School, and Evergreen High School.
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