7023 16th Ave SW Seattle, WA 98106
Riverview NeighborhoodEstimated payment $7,385/month
Highlights
- Second Kitchen
- Two Primary Bedrooms
- Property is near public transit
- RV Access or Parking
- Fruit Trees
- Secluded Lot
About This Home
Investor’s Dream or the unlimited House Hack! Located just steps from South Seattle College, this unique property offers the ultimate income-generating opportunity. The main home features 8 private bedrooms, each with its own en suite bathroom—one even has a kitchenette, making it perfect for extended stays or higher rental income. Tucked away with its own separate entrance is a 1 bed / 1 bath ADU, ideal for owner-occupancy or a steady rental stream. Live in one unit and let the rest pay your mortgage and then some. Or go fully passive and bring in a hands-off 6% cap rate with a property manager in place. Whether you’re a savvy investor or looking for a creative way to build wealth through real estate, this property checks all the boxes!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2395276
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,390
Year Built
- Built in 2013
Lot Details
- 5,368 Sq Ft Lot
- Partially Fenced Property
- Secluded Lot
- Level Lot
- Fruit Trees
- Garden
- Property is in good condition
Parking
- 1 Car Detached Garage
- RV Access or Parking
Home Design
- Traditional Architecture
- Poured Concrete
- Composition Roof
- Wood Composite
Interior Spaces
- 3,300 Sq Ft Home
- 2-Story Property
- Wet Bar
- Vaulted Ceiling
- Territorial Views
- Storm Windows
Kitchen
- Second Kitchen
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Vinyl Plank
Bedrooms and Bathrooms
- Double Master Bedroom
- Walk-In Closet
- Bathroom on Main Level
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Sanislo Elementary School
- Madison Mid Middle School
- West Seattle High School
Utilities
- Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Outbuilding
- ADU includes 1 Bedroom and 1 Bathroom
Community Details
- No Home Owners Association
- Delridge Subdivision
Listing and Financial Details
- Assessor Parcel Number 3438502762
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,390 | $946,000 | $301,000 | $645,000 |
| 2023 | $7,367 | $733,000 | $266,000 | $467,000 |
| 2022 | $7,643 | $770,000 | $242,000 | $528,000 |
| 2021 | $7,265 | $792,000 | $193,000 | $599,000 |
| 2020 | $7,017 | $714,000 | $171,000 | $543,000 |
| 2018 | $5,667 | $659,000 | $174,000 | $485,000 |
| 2017 | $4,875 | $541,000 | $146,000 | $395,000 |
| 2016 | $4,396 | $479,000 | $137,000 | $342,000 |
| 2015 | $3,683 | $421,000 | $129,000 | $292,000 |
| 2014 | -- | $358,000 | $116,000 | $242,000 |
| 2013 | -- | $233,000 | $116,000 | $117,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $1,250,000 | -- | $379 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $20,000 | Chicago Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2395276
APN: 343850-2762
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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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