Estimated Value: $882,000 - $1,122,153
This is a great value-add opportunity to acquire a property with good bones with clean units primed for a simple cosmetic renovation to help drive substantially higher rents. The units are currently occupied and rented to long-term tenants at below market rents in as-is condition. The duplex consists of large front and back 1,500 square foot town¬house styled units. Each unit has three-bedrooms with one full bath, a three fourths bath and a half bath with a full laundry room equipped with a washer and dryer. The back unit was remodeled down to the studs in 2017. The unit interiors consist of formica countertops, tile flooring in the front units kitchen, LVP flooring in the back unit kitchen/bathrooms, and white appliances.
Last Agent to Sell the Property
Paragon Real Estate Advisors License #22013305 Listed on: 02/27/2023
Last Buyer's Agent
Gabriele Le
eXp Realty License #21020873
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2039697
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Parking
Additional Features
Community Details
Listing and Financial Details
$799,000
Turn-key Licton Springs duplex w/2 spacious townhome-style units (2BD/1.5BA each, 1,025+ SF). Separate addresses, meters, in-unit W/D, and fenced yards offer privacy and flexibility. Recent updates include full interior & exterior paint. Zoned LR3 w/off-street parking for 3 off alley. Pre-inspected, low-maintenance building w/strong rental history—both units rented well below market (prev $2,000
Sandra Hines The Agency Seattle
$1,149,990
Great opportunity for Builders, developers and investors. Renderings and plans attached. Existing Triplex with 2 of 3 units currently rented (MTM & lease up in Oct) and bringing in $3145 monthly. Corner lot 5 unit Townhouse development project. L3 Zoning. MUP/Building permits are in the works. Nice plans by Concept Architecture submitted for 3 bed/2.5 bath and 1 car garage town-home style
Phala Sir Pellego, Inc.
$1,250,000
Great Seattle 4-Plex opportunity with a tremendous upside. Two 2-bd, 1-bath flats and two 2-bed, 1.5bath two floor units and a shared laundry room for the building. Current tenants are awesome. All but one has been with us long term. Seller is providing a Pre-List inspection for buyer to review...Seller to make no repairs. Property priced to reflect needed repairs and cosmetic maintenance. The
Tom Perry Realty ONE Group Orca Gold
$1,200,000
Located in a highly desirable neighborhood. The existing two-story building features three 1-bedroom units and one 2-bedroom unit, along with a backyard and a garage. All units are currently leased, though average market rents in the area are approximately 30% higher, offering strong potential for increased income. A rapid transit stop is situated directly in front of the property, providing
Tyler Li Sea to Sky Realty
$999,950
Turnkey duplex investment in prime Ballard location. Investor-ready and like new, this modern duplex is located in the highly sought-after Loyal Heights neighborhood. Each unit features open floor plans, durable luxury vinyl plank flooring, low-maintenance vinyl windows, custom cabinetry, quartz countertops, and stainless steel appliances. In-unit washer and dryer in both units reduce turnover
Patrick Bauman RE/MAX Northwest
$1,215,000
Unique Triplex with high income potential through Airbnb and long-term furnished rentals. Live in one unit and let the other units generate income. Features include a newer roof, updated flooring, and fresh paint. Unit A boasts a spacious layout with 5 bedrooms, 2 bathrooms, a kitchen, and laundry, plus a noise-buffered floor. Units B & C each have 1 bedroom, a kitchen, and a bathroom; Unit C is
Qi Wang Keller Williams Rlty Bellevue
$819,000
Exceptional investment opportunity with this classic 1921 Craftsman home that is a legal duplex. Upper unit has a separate entrance and the only shared space is the laundry in the basement with an exterior door. Always occupied as the University of Washington is nearby, ample transit bus or light rail, I-5 has easy access north or south. Many international eateries blocks away, as is the public
Susan Garner The Roanoke Group
$985,000
Wonderful 4 unit building in North Seattle. Rents are low, with tenants on month to month leases. These large units have been easy to rent. Well located with easy commutes north and south. The property includes a large common area fenced backyard.
Jonathan Pook Coldwell Banker Danforth
$1,199,000
Amazing opportunity to own an investment Trip Plex in Meadowbrook/Seattle. First time on Market in decades. Each home has its own garage plus surface parking. Individual water and electrical meters make this a potential conversion opportunity. ( Buyers to Verify) Long term established tenancies in place and building inspection available upon request. Walk to Nathan Hale, Meadowbrook community
Jeffrey McDonald Realogics Sotheby's Int'l Rlty
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Le Hoai-Thuong | -- | Stewart Title Guaranty Company | |
| Ebbert Amanda | $612,000 | Commonwealth Land | |
| Rosso Brian J | $535,000 | Commonwealth L | |
| Hess Jon | $185,861 | Commonwealth L | |
| Tran David | $340,000 | Evergreen Title Company Inc | |
| Touchette Robert | $276,500 | First American Title Ins Co | |
| Bankers Trust Company Of California Na | $209,000 | Chicago Title Insurance Co | |
| Rains Anthony J | -- | First American | |
| Rains Anthony J | -- | First American Title Ins Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ebbert Amanda J | $528,800 | |
| Previous Owner | Ebbert Amanda | $467,900 | |
| Previous Owner | Ebbert Amanda | $489,600 | |
| Previous Owner | Rosso Brian J | $428,000 | |
| Previous Owner | Hess Jon | $420,000 | |
| Previous Owner | Tran David | $323,000 | |
| Previous Owner | Touchette Robert | $248,850 | |
| Previous Owner | Rains Anthony J | $247,500 | |
| Previous Owner | Rains Anthony J | $30,000 | |
| Closed | Rains Anthony J | $16,500 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2023 06/12/23 | Sold | $930,000 | -9.3% | $310 / Sq Ft |
| 05/03/2023 05/03/23 | Pending | -- | -- | -- |
| 02/27/2023 02/27/23 | For Sale | $1,025,000 | -- | $342 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax 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 | $8,848 | $898,000 | $517,000 | $381,000 |
| 2023 | $8,700 | $901,000 | $752,000 | $149,000 |
| 2022 | $7,944 | $957,000 | $672,000 | $285,000 |
| 2021 | $7,092 | $845,000 | $612,000 | $233,000 |
| 2020 | $7,113 | $712,000 | $510,000 | $202,000 |
| 2018 | $6,259 | $747,000 | $489,000 | $258,000 |
| 2017 | $5,131 | $616,000 | $464,000 | $152,000 |
| 2016 | $4,776 | $519,000 | $391,000 | $128,000 |
| 2015 | $4,129 | $472,000 | $356,000 | $116,000 |
| 2014 | -- | $416,000 | $319,000 | $97,000 |
| 2013 | -- | $379,000 | $304,000 | $75,000 |
Seller's Agent in 2023
Ben Douglas
Paragon Real Estate Advisors
(206) 623-8880
1 in this area
23 Total Sales
Seller Co-Listing Agent in 2023
Michael Urquhart
Paragon Real Estate Advisors
(206) 812-9123
3 in this area
85 Total Sales
G
Buyer's Agent in 2023
Gabriele Le
eXp Realty
(206) 779-1060
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2039697
APN: 952410-0155
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