Estimated payment $9,172/month
Prime Multi-Family Investment in the Heart of the vibrant University District! Just blocks from the University of Washington, with easy access to the U District Link light rail station, local shops, diverse dining, and the popular farmers market. The property features six income-producing units, each with its own 100-AMP panel, separate electric meter, and updated plumbing. All utilities are paid by tenants. A new roof was installed in 2024, offering peace of mind for years to come. With a strong rental demand and high walkability, this property offers both immediate returns and long-term value. With L2 zoning this property is surrounded by modern infill development.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2369116
| 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 | $11,303 | $1,145,100 | $1,071,200 | $73,900 |
| 2023 | $10,065 | $1,157,300 | $1,071,200 | $86,100 |
| 2022 | $10,099 | $1,157,300 | $1,071,200 | $86,100 |
| 2021 | $10,574 | $1,072,200 | $1,071,200 | $1,000 |
| 2020 | $9,310 | $1,072,200 | $1,071,200 | $1,000 |
| 2018 | $7,743 | $862,400 | $659,200 | $203,200 |
| 2017 | $7,462 | $759,900 | $576,800 | $183,100 |
| 2016 | $7,292 | $759,900 | $515,000 | $244,900 |
| 2015 | $6,053 | $726,800 | $473,800 | $253,000 |
| 2014 | -- | $613,500 | $391,400 | $222,100 |
| 2013 | -- | $630,300 | $412,000 | $218,300 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/03/2025 06/03/25 | Price Changed | $1,490,000 | -4.2% | $532 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $1,555,000 | -- | $555 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $122,500 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $377,500 | Commercial |
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2369116
APN: 881640-0810
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