Listed by eLink Realty
$1,590,000

Estimated payment $9,709/month

Total Views 23,133
8 Beds
3 Baths
3,590 Sq Ft
$443 Price per Sq Ft

Highlights

  • Territorial View
  • Wood Flooring
  • Forced Air Heating System
  • Hamilton International Middle School Rated A
  • No HOA
  • 4-minute walk to Shiga's P-Patch Community Garden

About This Home

Investors pay attention, Duplex, Zoned LR2 with huge potential for development, convenient location in the heart of U-District, walk to light rail station and UW campus, unbeatable with stable rental income from unlimited incoming UW students in the future. Many new renovations made in the last few year, cap rate at 4.63%. Preleased $7,340/month from 9/1/2025 to 8/31/2026. Rent to 2 groups of tenants. Tenants pay all utilities. 2 private parking in alley. Dream for investor and best deal on the market.

Last Listed By

Sam Chui

eLink Realty License #52354 Listed on: 04/08/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2356918

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,913

Year Built

  • Built in 1909

Lot Details

  • 3,500 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,590 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Open Parking

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • University District Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6746700310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,913

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1909
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3590
  • Special Features: None
  • Cumulative Days on Market: 71

Interior Features

  • Possible Use: Residential
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Ceramic Tile, Hardwood, Laminate
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Seattle City Light
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6746700310
  • Lot Size Acres: 0.0803
  • Lot Size Sq Ft: 3500
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Public Record
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 18.05
  • LeasedItems: None
  • TotalMonthlyIncome: 7340

Multi Family

  • Gross Scheduled Income: 88080
  • Net Operating Income: 73628
  • Number Of Units Total: 2
  • Insurance Expense: 4539
  • Leasable Area: 3590
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9913

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $10,531 $1,081,000 $939,000 $142,000
2023 $9,913 $1,035,000 $886,000 $149,000
2022 $10,037 $1,213,000 $836,000 $377,000
2021 $9,522 $1,082,000 $738,000 $344,000
2020 $9,208 $973,000 $637,000 $336,000
2018 $8,745 $955,000 $425,000 $530,000
2017 $7,582 $876,000 $396,000 $480,000
2016 $7,091 $784,000 $354,000 $430,000
2015 $6,837 $716,000 $320,000 $396,000
2014 -- $708,000 $226,000 $482,000
2013 -- $603,000 $193,000 $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Sale $1,590,000 +21.2% $443 / Sq Ft
08/21/2017 08/21/17 Sold $1,311,600 +19.5% $400 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $1,098,000 -- $335 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,311,600 First American Title Ins Co
Warranty Deed $540,000 Pacific Nw Tit
Warranty Deed $635,000 Old Republic T
Warranty Deed $163,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $786,960 Adjustable Rate Mortgage/ARM
Previous Owner $405,000 New Conventional
Previous Owner $599,000 Unknown
Previous Owner $138,900 Credit Line Revolving
Previous Owner $571,500 Negative Amortization
Previous Owner $359,000 Unknown
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2356918

Northwest Multiple Listing Service (NWMLS)

APN: 674670-0310