NOT LISTED FOR SALE

4700 SW Othello St Seattle, WA 98136

Gatewood Neighborhood
5 Beds
6 Baths
3,845 Sq Ft
4,170 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $1,287,500 $335 Per Sq Ft

1 Day on Market

Highlights

  • Wood Flooring
  • Madison Middle School Rated A-
  • Wood Siding

About This Home

As of June 2021

This offering presents an attractive opportunity to purchase a six-unit apartment building in the Lincoln Park/Fauntleroy neighborhood. The Park Apartments is well-known by West Seattle owners due to its San Franciscan style charm. The charm of the building draws many residents to the property and often keeps them as long-term tenants. This listing presents a unique value add opportunity for an investor to significantly move rents upward with cosmetic renovations to the units.

Last Agent to Sell the Property

Michael Urquhart

Paragon Real Estate Advisors License #135356 Listed on: 04/22/2021

Co-Listed By

Cathy Jeney

Paragon Real Estate Advisors License #18893

Last Buyer's Agent

Alexandra Clouse

Real Broker LLC License #107080

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1762044

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,550

Year Built

  • Built in 1910

Lot Details

  • 4,170 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,845 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Community Details

  • Lincoln Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4315700670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,550

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1910
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3845
  • Special Features: None
  • Cumulative Days on Market: 275

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Hardwood, Laminate Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Block
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 11095

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 4315700670
  • Lot Size Acres: 0.0957
  • Lot Size Sq Ft: 4170
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 7794

Multi Family

  • Gross Scheduled Income: 93528
  • Net Operating Income: 55555
  • Number Of Units Total: 6
  • Insurance Expense: 4822
  • Leasable Area: 3845
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 13550

Range of Values:

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Average Value
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List Price
Sold Price
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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
06/30/2021 06/30/21 Sold $1,287,500 -7.7% $335 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $1,395,000 +9.0% $363 / Sq Ft
11/04/2016 11/04/16 Sold $1,280,000 +2.4% $450 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $1,250,000 -- $439 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Urquhart

    Seller's Agent in 2021

    Michael Urquhart

    Paragon Real Estate Advisors

    (206) 812-9123

    4 in this area

    85 Total Sales

    Michael Urquhart
    Section Image
  • Cathy Jeney

    Seller Co-Listing Agent in 2021

    Cathy Jeney

    Paragon Real Estate Advisors

    (206) 595-5557

    1 in this area

    24 Total Sales

    Cathy Jeney
    Section Image
  • Alexandra Clouse

    Buyer's Agent in 2021

    Alexandra Clouse

    Real Broker LLC

    (206) 200-0770

    4 in this area

    91 Total Sales

    Alexandra Clouse
    Section Image
  • David Petersen

    Seller's Agent in 2016

    David Petersen

    Westlake Associates, Inc.

    (206) 300-8909

    1 in this area

    26 Total Sales

    David Petersen
    Section Image
  • Ryan Iles

    Buyer's Agent in 2016

    Ryan Iles

    Paragon Real Estate Advisors

    (206) 812-9115

    1 in this area

    18 Total Sales

    Ryan Iles
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1762044

Northwest Multiple Listing Service (NWMLS)

Washington King County Seattle 98136 Gatewood

4700 SW Othello St, Seattle, WA

This home is located at 4700 SW Othello St, Seattle, WA 98136 since 22 April 2021. This property was built in 1910. 4700 SW Othello St is a home located in King County with nearby schools including Madison Middle School, West Seattle High School, and Northwest Montessori School - West Seattle.

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) 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. ©2025 NWMLS.

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