Listed by Windermere RE Greenwood
$1,395,000

Estimated payment $8,834/month

Total Views 1,528
8 Beds
4 Baths
3,168 Sq Ft
$440 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Tankless Water Heater
  • Briarcrest Elementary School Rated A
  • Patio
  • Slate Flooring

About This Home

Fantastic quadruplex welcomes owner-occupants & investors! Effectively built 1995 and thoroughly and recently updated by the builder/owner. 1 mile to Light Rail Stn, and situated at 15th Avenue NE commuting to UW, and North City restaurants and shopping. Units 1 & 2 are separated and updated as individual living units, each w/premium appointments. Unit 1 has pellet stove, mini-split, in-floor heating. New kitchen recently built in Unit 2. Two upper floor residential units - both leased, Nat Gas Generator, Tankless Hot Water Htr, decks, patio, bike rack, plenty of off-street parking spaces and more! Proforma Cap Rate 5.1%.

Listing Agent

Jack Malek

Windermere RE Greenwood License #26640

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2361336

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,757

Year Built

  • Built in 1963

Lot Details

  • 9,086 Sq Ft Lot
  • Lot Dimensions are 141'x64'
  • Property is Fully Fenced

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Composition Roof
  • Stone Siding
  • Cement Board or Planked
  • Stone

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Stone
  • Slate Flooring
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 12 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Briarcrest Elementary School
  • Kellogg Mid Middle School
  • Shorecrest High School

Utilities

  • High Efficiency Air Conditioning
  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • High Efficiency Heating System
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Monte Vista Add Plat Condos
  • North City Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 2
  • Assessor Parcel Number 5589300185

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,757

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1963
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: MONTE VISTA ADD PLAT
  • New Construction: No
  • CalculatedSquareFootage: 3168
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 13

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Slate, Stone, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition, Flat
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Brick, Cement Plank, Stone
  • Exterior Features: Brick, Cement Planked, Stone
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: 90%+ High Efficiency, Ductless HP-Mini Split, Window Unit A/C
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Ductless HP-Mini Split, Radiant, Tankless Water Heater, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: SCL/PSE
  • SewerCompany: Shoreline Wastewater
  • WaterCompany: North City Water
  • CableConnected: Xfinity/Ziply
  • InternetConnected: Xfinity/Ziply
  • WaterSewerGarbage: 6709.08

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Shoreline
  • High School: Shorecrest High
  • Middle Or Junior School: Kellogg Mid

Lot Info

  • Parcel Number: 5589300185
  • Lot Size Acres: 0.2086
  • Lot Size: 141'X64'
  • Lot Size Sq Ft: 9086
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Outbuildings,Patio
  • MLSLotSizeSource: KC Tax Record
  • MLSSquareFootageSource: Seller
  • ZoningJurisdiction: City
  • LotNumber: 6

Green Features

  • Power Production Type: Electric, Pellet

Rental Info

  • GrossRentMultiplier: 14.2
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 8600

Multi Family

  • Gross Scheduled Income: 103200
  • Net Operating Income: 71067
  • Number Of Units Total: 5
  • Electric Expense: 228.95
  • Insurance Expense: 4878
  • Leasable Area: 3168
  • EnergySource: Electric,Pellet
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 12757

MLS Schools

  • Elementary School: Briarcrest Elem

Map

Range of Values:

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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 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 $11,116 $946,000 $318,000 $628,000
2023 $12,757 $1,030,000 $318,000 $712,000
2022 $11,068 $966,000 $318,000 $648,000
2021 $12,790 $906,000 $181,700 $724,300
2020 $12,427 $976,000 $181,700 $794,300
2018 $10,001 $829,000 $181,700 $647,300
2017 $8,322 $771,000 $181,700 $589,300
2016 $8,065 $667,000 $181,700 $485,300
2015 $6,862 $623,000 $181,700 $441,300
2014 -- $509,000 $181,700 $327,300
2013 -- $506,000 $181,700 $324,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Sale $1,395,000 0.0% $438 / Sq Ft
04/17/2025 04/17/25 For Sale $1,395,000 -- $440 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $555,000 --
Warranty Deed $410,000 Chicago Title
Warranty Deed $285,000 Transnation Title Insurance
Warranty Deed $258,000 Transnation Title Insurance
Warranty Deed $255,000 Chicago Title Insurance Co
Warranty Deed $215,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $475,000 Credit Line Revolving
Closed $425,000 New Conventional
Closed $55,500 No Value Available
Closed $444,000 No Value Available
Previous Owner $328,000 No Value Available
Previous Owner $228,000 No Value Available
Previous Owner $49,064 No Value Available
Previous Owner $180,000 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

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Northwest Multiple Listing Service (NWMLS)

APN: 558930-0185