Listed by Real Property Associates
$2,250,000
PENDING

Estimated payment $14,180/month

Total Views 218
14 Beds
13 Baths
7,400 Sq Ft
$304 Price per Sq Ft

Highlights

  • Engineered Wood Flooring
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Patio
  • 4-minute walk to Barton Street P-Patch

About This Home

The Nedra Apartments features 13 total units, 3 are fully renovated and 8 are partially renovated, buyer could choose to renovate the remaining 2 units & increase rental income. The Nedra offers efficient & sought after unit types in well maintained building, floorplans range from 550 to 800 sf & offer light value-add opportunity. 12 units are one-bedroom floorplans and a single 2-bed unit. The property is located in the Westwood neighborhood known for its multitude of schools, parks, & shopping, most notably Westwood Village, just half a mile away. Rarely vacant, tenants love the walkability of this location with coffee, retail, & public transportation steps from the building. Excellent on site and available street parking.

Listing Agent

Victoria Ormsby

Real Property Associates License #114546 Listed on: 08/05/2025

Co-Listing Agent

Gordon Stephenson

Real Property Associates License #13279

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2406754

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,180

Year Built

  • Built in 1958

Lot Details

  • 0.28 Acre Lot
  • Corner Lot
  • 249120006500
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 7,400 Sq Ft Home
  • 2-Story Property

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 13 Bathrooms

Parking

  • 12 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Fauntleroy Scenic Add To City Of Seattle Condos
  • Fauntleroy Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 & 14 / 1
  • Assessor Parcel Number 2491200065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,180

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1958
  • MLS Status: Pending
  • Prev Status: Pending
  • Building Name: Fauntleroy Scenic Add to city of Seattle
  • New Construction: No
  • CalculatedSquareFootage: 7400
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 16

Interior Features

  • Possible Bedrooms: 14
  • Total Bedrooms: 14
  • Fireplace: No
  • Flooring: Engineered Hardwood, Laminate, Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 17394

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Not Applicable
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Seattle
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2491200065
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Additional Parcels Description: 249120006500
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: KCP
  • MLSSquareFootageSource: KCP
  • ZoningJurisdiction: City
  • LotNumber: 13 & 14

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 8.84
  • LeasedItems: None
  • TotalMonthlyIncome: 19110

Multi Family

  • Gross Scheduled Income: 254511
  • Net Operating Income: 167604
  • Number Of Units Total: 13
  • Electric Expense: 2569
  • Insurance Expense: 13266
  • Leasable Area: 7400
  • EnergySource: Electric
  • UnitsInBuildingTotal: 13
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2025
  • Tax Annual Amount: 24180

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Pending -- -- --
08/05/2025 08/05/25 For Sale $2,250,000 -- $304 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2406754

Northwest Multiple Listing Service (NWMLS)