Listed by Paragon Real Estate Advisors
$2,325,000
$125K PRICE DROP

3046 SW Avalon Way Seattle, WA 98126

Fairmount Park Neighborhood

Estimated payment $13,774/month

Total Views 8,508
9 Beds
9 Baths
5,164 Sq Ft
$450 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

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: Yes
  • Total Parking Spaces: 9

Utilities

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

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
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.44
  • LeasedItems: None
  • TotalMonthlyIncome: 16943

Tax Info

  • Year: 2025
  • Tax Annual Amount: 18523

Multi Family

  • Number Of Units Total: 9
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
09/25/2025 09/25/25 Price Changed $2,325,000 -2.1% $450 / Sq Ft
09/10/2025 09/10/25 For Sale $2,375,000 0.0% $460 / Sq Ft
08/18/2025 08/18/25 Pending -- -- --
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)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2348766

Northwest Multiple Listing Service (NWMLS)
Washington King County Seattle 98126 Fairmount Park

3046 SW Avalon Way, Seattle, WA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Ryan Iles
Listing Agent
Ryan Iles
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Paragon Real Estate Advisors
(206) 231-6903