Estimated payment $8,907/month
Four unit apartment building that has a great corner lot with alley access and 4 units in 2 buildings that are 3 blocks from Magnolia Playfield and seven blocks from the Magnolia shopping center.The apartment house is on an alley with 4 parking stalls for the units off the alley. Each unit is a spacious 2 bedroom and 1 bath with washer/dryer and dishwashers. The 5900sf lot also has the potential for development in the future and at this time the city of Seattle will allow 5 townhomes to be built under LR1 (M) zoning. The current apartment houses have 4 units that currently produce an annual NOI of $63,814 with an upside in rents for the units for the future.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2257616
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Bedrooms and Bathrooms
Parking
Utilities
Community Details
Listing and Financial Details
| 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 | $11,716 | $1,189,000 | $1,188,000 | $1,000 |
| 2023 | $10,418 | $1,070,000 | $763,000 | $307,000 |
| 2022 | $9,259 | $1,164,000 | $716,000 | $448,000 |
| 2021 | $8,839 | $975,000 | $600,000 | $375,000 |
| 2020 | $9,131 | $883,000 | $549,000 | $334,000 |
| 2018 | $8,688 | $895,000 | $552,000 | $343,000 |
| 2017 | $7,677 | $857,000 | $368,000 | $489,000 |
| 2016 | $7,100 | $782,000 | $336,000 | $446,000 |
| 2015 | $5,974 | $706,000 | $306,000 | $400,000 |
| 2014 | -- | $605,000 | $262,000 | $343,000 |
| 2013 | -- | $584,000 | $253,000 | $331,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2025 02/07/25 | Pending | -- | -- | -- |
| 02/07/2025 02/07/25 | Pending | -- | -- | -- |
| 01/22/2025 01/22/25 | For Sale | $1,450,000 | 0.0% | $407 / Sq Ft |
| 01/22/2025 01/22/25 | For Sale | $1,450,000 | 0.0% | -- |
| 12/31/2024 12/31/24 | Off Market | $1,450,000 | -- | -- |
| 12/31/2024 12/31/24 | Off Market | $1,450,000 | -- | -- |
| 12/03/2024 12/03/24 | Price Changed | $1,450,000 | 0.0% | -- |
| 12/03/2024 12/03/24 | Price Changed | $1,450,000 | -17.1% | $407 / Sq Ft |
| 06/20/2024 06/20/24 | For Sale | $1,750,000 | 0.0% | $492 / Sq Ft |
| 06/20/2024 06/20/24 | For Sale | $1,750,000 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $600,000 | Chicago Title | |
| Warranty Deed | $325,000 | Evergreen Title Company Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | Land Title Company | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | -- | Pioneer National Title Ins C |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $244,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $275,000 | Purchase Money Mortgage | |
| Previous Owner | $243,750 | Balloon |
$1,225,000
First time on market. Sweet triplex on the north side of Queen Anne Hill with nice views of the active Lake Washington Ship Canal both day and night. All units are nicely maintained with newer appliances. Three units with 900+ square footage. Bright and light. Middle unit is handicapped accessible with ramp. Off street parking for three autos. Private back yard with mature plantings. All units
Melanie Smith John L. Scott, Inc.
$1,395,000
Turnkey Investment Opportunity in Prime Ballard Location! Three income producing units, completely rebuilt in 2008, offers an excellent investment with strong cash flow. Located in one of the city’s most sought-after neighborhoods, the property features a 4-bedroom, 2-bath upper unit and a 2-bedroom, 1-bath daylight lower unit, each with separate entrances for privacy. A spacious oversized
Jared Fraser SPIRE ONE Realty
$1,450,000
All the apartments have in-unit laundry, functional layouts, and complete kitchen appliance packages with dishwashers. The interior finishes blending original elements and simple updates that have been done over time. The future owner can capitalize on this and easily modernize the units cosmetically to increase income potential. The West Emerson Apartments offers a perfect blend of in-city
Will Douglas Paragon Real Estate Advisors
$1,275,000
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
$1,499,950
Prime investment opportunity in the heart of Ballard! This spacious tri-plex is perfect for investors or owner-occupants seeking rental income. Each unit is full of charm, featuring fireplaces and thoughtful layouts. The two upper-level units offer two-story floor plans with two bedrooms, two bathrooms, private laundry rooms, oversized garages, and a primary ensuite with a den/office downstairs.
Elena Neely Olympic View Realty
$1,395,000
Welcome to the Center of the Universe. Just steps from downtown Fremont and the shores of Lake Union, this extraordinary home blends timeless character with contemporary comfort. The beautifully landscaped backyard features a serene Koi Pond, sheltered beneath a canopy of mature trees—your own private retreat in the heart of the city. Enjoy the view from the upper balcony or the sun-filled
Bryan Richardson Kelly Right RE of Seattle LLC
$1,495,000
Nestled in Seattle's vibrant Greenwood neighborhood, this 5 unit apartment is compelling investment opportunity suitable for both novice and seasoned investors. Positioned strategically amidst Seattle's coveted Phinney Ridge, Ballard and Greenwood neighborhoods and boasting a robust rental track record, this property provides consistent rental income and the prospect of substantial long term
Alfred Anderson Pacific Crest
$1,800,000
Prime Wallingford triplex ideally situated in a vibrant business and shopping district with convenient access to I-5. Each unit bright and spacious 2-bedroom, 1-bath. Features a durable Marblecrete exterior. Boasting a remarkable walk score of 93, the property is just steps from restaurants, shops, a grocery store, Greenlake, and Woodland Park. Highly desirable and easy to rent, with units rarely
Nona Adams RE/MAX Integrity
$1,562,000
Located in the up and coming neighborhood north of Green Lake. This offering contains 6 spacious apartments, including two, 2-story townhouse style units. The units contain washer/dryers and various other updates. The basement contains a secure parking garage with one space per unit. Located less than 2-blocks from major transit, near Green Lake, as well as Northgate shopping center and light
Jeff Totzek Westland Realty
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2257616
APN: 682110-1845
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