Listed by Lee & Associates Commercial RE
$1,295,000

Estimated payment $7,831/month

Total Views 4,030
7 Beds
7 Baths
4,150 Sq Ft
$312 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Partially Fenced Property
  • Daniel Bagley Elementary School Rated A-
  • Baseboard Heating
  • 4-minute walk to Greenwood Park

About This Home

Greenwood 6 is a well-maintained apartment building. This asset provides immediate cash flow and the opportunity to increase NOI through rent increases. Further opportunity lies in value-add play through cosmetic upgrades, and the addition of in-unit laundry presents a straightforward path to increasing rental income. Located just blocks from Greenwood’s vibrant commercial core, the property benefits from an exceptionally walkable location with strong transit access. The building is positioned back from 85th, with six onsite parking spaces, screened by mature evergreen trees for privacy. Notably, the property includes a large two bedroom unit well-suited for owner occupancy, with potential for expansion and customization.

Listing Agent

Sara Bago

Lee & Associates Commercial RE License #20119704 Listed on: 10/01/2025

Co-Listing Agent

Dea Sumantri

Lee & Associates Commercial RE License #21001837

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2440132

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,718

Year Built

  • Built in 1969

Lot Details

  • 6,457 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Poured Concrete

Interior Spaces

  • 4,150 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Osner's Third Addition To The City Of Seattle Condos
  • Greenwood Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 & 28 / 10
  • Assessor Parcel Number 6431000935

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,718

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1969
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: OSNER'S THIRD ADDITION TO THE CITY OF SEATTLE
  • New Construction: No
  • CalculatedSquareFootage: 4150
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: See Remarks
  • Exterior Features: See Remarks
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 6431000935
  • Lot Size Acres: 0.1482
  • Lot Size Sq Ft: 6457
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: City
  • LotNumber: 27 & 28

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.2
  • LeasedItems: None
  • TotalMonthlyIncome: 9147

Tax Info

  • Year: 2025
  • Tax Annual Amount: 12718

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 9059
  • EnergySource: Electric
  • UnitsBelowGrade: false

Map

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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 $12,788 $1,260,100 $1,259,100 $1,000
2023 $12,323 $1,283,000 $1,259,100 $23,900
2022 $12,106 $1,390,000 $1,259,100 $130,900
2021 $13,290 $1,260,100 $1,259,100 $1,000
2020 $12,953 $1,329,000 $1,194,500 $134,500
2018 $9,623 $1,054,000 $903,900 $150,100
2017 $8,896 $929,000 $774,800 $154,200
2016 $8,262 $889,000 $677,900 $211,100
2015 -- $806,000 $548,800 $257,200
2014 -- $694,000 $484,200 $209,800
2013 -- $661,000 $484,200 $176,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 For Sale $1,295,000 -- $312 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2440132

Northwest Multiple Listing Service (NWMLS)