Listed by RE/MAX Northwest, Bought with The Preview Group
$900,000
SOLD MAR 5, 2025

2218 & 2220 Thorndyke Ave W Seattle, WA 98199

Southeast Magnolia Neighborhood
4 Beds
2 Baths
2,160 Sq Ft
4,800 Sq Ft Lot

Recently Sold

$417 Per Sq Ft

5% Below List Price

153 Days on Market

Highlights

  • City View
  • Deck
  • Corner Lot
  • Mcclure Middle School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of March 2025

Meticulously cared for by the same family for 50+ years, this Mid Century property is ready for its new owner. Whether an owner-occupied buyer looking for a home with additional income or a builder eyeing the L3 M Zoning for development. A fantastic investment opportunity with apprx $4,600/mo rental income. BOTH UNITS feature: 2 br/1 bth, oak hardwood floors, with bright updated kitchens & baths. Each unit includes full basements for storage/office and W/D. Both homes feature their own one car garage, plus carports. Nicely separated-each home has their own furnaces, electric meters & H2O tanks. Another bonus is a shared deck & side yards. Easy commute to downtown, Queen Anne, Fremont or Elliott Bay Marina. Quiet duplex faces Lynn Street.

Last Agent to Sell the Property

Brian Lavery

RE/MAX Northwest License #4026 Listed on: 09/04/2024

RE/MAX Northwest

Last Buyer's Agent

Ron Sims

The Preview Group License #29112

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2285219

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,419

Year Built

  • Built in 1951

Lot Details

  • 4,800 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Schools

  • Magnolia Elementary School
  • Mc Clure Mid Middle School
  • Ballard High School

Additional Features

  • Deck
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Gilmans Add Plat Condos
  • Magnolia Subdivision

Listing and Financial Details

  • Legal Lot and Block 7-8 / 183
  • Assessor Parcel Number 2271603435

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,419

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1951
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gilmans Add Plat
  • New Construction: No
  • CalculatedSquareFootage: 2160
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 281

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,See Remarks,Storage

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick, See Remarks, Wood
  • Exterior Features: Brick, See Remarks, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utilities
  • WaterCompany: Seattle Public Utilities
  • WaterSewerGarbage: 2280

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: Ballard High
  • Middle Or Junior School: Mc Clure Mid

Lot Info

  • Parcel Number: 2271603435
  • Lot Size Acres: 0.1102
  • Lot Size Sq Ft: 4800
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 7-8

Green Features

  • Power Production Type: Oil

Rental Info

  • GrossRentMultiplier: 17.5
  • LeasedItems: None
  • TotalMonthlyIncome: 4625

Multi Family

  • Gross Scheduled Income: 55500
  • Net Operating Income: 41915
  • Number Of Units Total: 2
  • Insurance Expense: 1286
  • Leasable Area: 2620
  • EnergySource: Oil
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8419

MLS Schools

  • Elementary School: Magnolia Elementary

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $900,000 -3.2% $417 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
12/21/2024 12/21/24 Price Changed $930,000 -2.1% $431 / Sq Ft
11/05/2024 11/05/24 For Sale $950,000 0.0% $440 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/03/2024 10/03/24 Price Changed $950,000 -2.6% $440 / Sq Ft
09/04/2024 09/04/24 For Sale $975,000 -- $451 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2285219

Northwest Multiple Listing Service (NWMLS)