Listed by Paragon Real Estate Advisors
$2,375,000
$75K PRICE DROP

Estimated payment $14,660/month

Total Views 5,963
9 Beds
9 Baths
5,164 Sq Ft
$460 Price per Sq Ft

Highlights

  • Views of a Sound
  • No HOA
  • Baseboard Heating
  • Lafayette Elementary School Rated A-

About This Home

West 9 is a fully renovated and turnkey 9 Unit apt building, well located at the gateway to West Seattle. This vibrant area offers excellent access to all the distinctive and exciting features of West Seattle, while remaining just a short distance from Downtown Seattle and other city attractions. All 1/1 units with W/D and a private patio or balcony. Unit updates include new flooring, cabinets, quartz counters, stainless steel appliances and fixtures. Exterior updates include new exterior paint, windows/sliders, frosted balcony panels, landscaping, signage, secure cluster mailbox. Excellent opportunity to purchase a fully stabilized asset with income upside and future redevelopment potential in a highly sought-after Seattle neighborhood.

Listing Agent

Ryan Iles

Paragon Real Estate Advisors License #108410 Listed on: 03/26/2025

Co-Listing Agent

Nick Hemming

Paragon Real Estate Advisors License #120684

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2348766

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,523

Year Built

  • Built in 1978

Property Views

  • Views of a Sound
  • City Views

Home Design

  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,164 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Parking

  • 9 Parking Spaces
  • Open Parking

Additional Features

  • 7,200 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • West Seattle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9297300875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,523

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1978
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 5164
  • Special Features: None
  • Cumulative Days on Market: 129

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 9
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: City, Sound
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 9
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 9

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 12281

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 9297300875
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.68
  • LeasedItems: None
  • TotalMonthlyIncome: 16939

Multi Family

  • Gross Scheduled Income: 203271
  • Net Operating Income: 135757
  • Number Of Units Total: 9
  • Insurance Expense: 4206
  • Leasable Area: 5164
  • EnergySource: Electric
  • UnitsInBuildingTotal: 9
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2025
  • Tax Annual Amount: 18523

Map

Range of Values:

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Average Value
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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
06/23/2025 06/23/25 Price Changed $2,375,000 -3.1% $460 / Sq Ft
03/26/2025 03/26/25 For Sale $2,450,000 -- $474 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2348766

Northwest Multiple Listing Service (NWMLS)