ACTUAL CAP RATE OF 5.0% AND POTENTIAL TO ADD 2 ADDITIONAL UNITS! Wonderful investment opportunity in this well managed Duplex in great West Seattle Rental Market! Enjoy great cash flow as is or continue to create significant equity and upside by purchasing together with 8120 and 8116 Delridge and addiing units (buyer to verify with city). Steady tenants and low historical vacancy make this the perfect investment to add to or start a rental portfolio. Seller prefers to sell all three together but open to individual building sales. Please do not drive onto property or disturb tenants.
Residents enjoy close proximity to parks, shopping, beaches & many other opportunities. Built in 1981, by the current owner & on the market for the first time, the property is comprised of 3 large 2-bed units. Units feature large decks overlooking a greenbelt, full sized in unit laundry machines, new hot water tanks, ample closet space and use of the shared backyard. The property is meticulously
West Seattle's Highland Park neighborhood offers a Unique 6Bd/4Ba Home: Live in as SF, Rental or utilize as Multi-Generational Living. Main Floor Unit A: 3Bd/2Ba w/Liv/Din/Kit/Primary Suite + Covered Front Porch & 4 Parking Spaces. Drive around back to enter 2 Sep Units. ADU B: 2Bd/1Ba, Liv/Din/Kit/Front & Back Entries. ADU C: 1Bd/1Ba Great Rm w/Kitchen. All Units =Tons of Parking, Updated
Beautifully maintained 4-plex in West Seattle's Highland Park neighborhood. Each unit has 2 bedrooms and 1 bathroom with off-street parking and a storage locker. Upper units have a deck, and lower units have a patio and small fenced in yard. Off-street parking for 8 cars when using as tandem parking. Originally built in 1969 but with extensive upgrades effective year built is 1992 per King County
SELLER FINANCING AVAILABLE - attractive terms: 25% down payment and 5% interest-only payments for five years. This well-located 5-unit property offers a compelling value-add investment opportunity through both operational improvements and unit renovations. A new owner can unlock immediate upside by implementing a utility bill-back system for water, sewer, and garbage, as well as charging for
Must See!! Well Maintained 4 Plex with Spacious Units. Great investment opportunity with Two 2 bedroom units and Two 1 bedroom units. Long time owner has kept the rents low, tons of potential to increase rents and create additional cash flow. Huge 11,326 sq ft lot with possibilities for more units in the backyard. Nice new driveway up to the building, property sits nicely above the street for
Beautifully remodeled home featuring 4 separate living spaces on a huge 16,500 sf lot at the end of a quiet private dead-end street! Each unit includes off-street parking, laundry, and tasteful upgrades—new roof, quartz kitchen counters, updated bathrooms, and AC. Excellent investment opportunity or live in one unit and offset your mortgage—FHA/VA financing eligible! Building 1 (810): (A) 2 bed +
Conveniently located 4-plex on Beacon Hill of Seattle. Bus lines in front of property, minutes to downtown Seattle, China Town, I-5, SODO and many more. Approved plans for 7 unit condo complex and preliminary plans for 2 townhomes. Currently upper units are 2bed/1 bath with assigned garage, fireplace, deck with views. Lower units are studios. All have washer/dryer.
Enjoy expansive Puget Sound views from this Craftsman style home just off of Beach Drive. In the same family for 55 years, this home is looking for it's next chapter. Duplex style, with lower-level apartment including full kitchen, second laundry, 1 bed/1 bath and 2nd living room. The main house has 5 bedrooms, 2.5 bathrooms, plus office (sewing room), and large family room with gas fireplace.
Located in the heart of Columbia City, this fully renovated Seattle duplex is the perfect blend of comfort, convenience, and income potential. Within walking distance of the light rail, each 4B/2B unit boasts modern finishes, abundant natural light, and a thoughtful layout. Enjoy a fully fenced yard ideal for outdoor gatherings, while the top unit features a private balcony. Whether you’re house
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Purchase History
Date
Buyer
Sale Price
Title Company
Li Rick Yezhi
$850,000
Rainier Title
Awad Ashraf
$292,000
First American
Godfrey Gerald R
$182,500
--
Vanvanvo Duong Van
$180,000
Chicago Title Insurance Co
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Li Rick Yezhi
$680,000
Previous Owner
Awad Ashraf Y
$320,000
Previous Owner
Awad Ashraf Y
$349,997
Previous Owner
Awad Ashraf
$219,000
Previous Owner
Godfrey Gerald R
$146,000
Previous Owner
Vanvanvo Duong Van
$126,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
08/20/202108/20/21
Sold
$850,000
0.0%
$295 / Sq Ft
07/26/202107/26/21
Pending
--
--
--
06/09/202106/09/21
Price Changed
$850,000
+6.3%
$295 / Sq Ft
06/08/202106/08/21
For Sale
$799,995
--
$278 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 8118 Delridge Way SW, Seattle, WA 98106 since 08 June 2021 and is currently estimated at $955,669, approximately $331 per square foot. This property was built in 1990. 8118 Delridge Way SW is a home located in King County with nearby schools including Highland Park Elementary School, Denny Middle School, and Chief Sealth High School.
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.
