WA > Seattle > Central Area
Seattle, WA 98122,711 21st AVE
Seattle, WA 98122,711 21st AVE
Seattle, WA 98122,711 21st AVE
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Mike Farrell

Mike Farrell

+1(360) 910-1926
Listed by Westlake Associates, Inc.
$2,295,000
Est. payment /mo
18 Beds
8 Baths
6,036 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,036 sqft

Price per Sqft $380

Subdivision Central Area

MLS Listing ID 2417426

Style 55 - 5-9 Units

Bedrooms 18

Year Built 1900

Annual Tax Amount $19,368

Lot Size 7,200 Sqft

Property Sub-Type Multi Family

Property Description

Rare Central District 6-Unit w/ Upside + LR2 Rezone Potential Exciting opportunity to own a well-located 6-unit in one of Seattle's most dynamic neighborhoods. Sits on a 7,200 SF lot with proposed LR2 zoning, offering solid in-place income plus redevelopment potential. Mix of 2-, 3-, and rare 4-bedroom layouts. Major 2018 updates include rebuilt units, PEX plumbing, new electrical panels, vinyl siding/windows, and torchdown roof. Boost income with cosmetic upgrades, RUBS, and parking fees, pro forma cap rate of 6.7%+. Shared outdoor patio and surface parking add tenant appeal. Blocks to future light rail, Seattle U, and Swedish Cherry Hill. Professionally managed and maintained, a rare blend of income, location, and future flexibility.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Flooring Ceramic Tile, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Fenced-Partially

View Y/N No

Roof Type Torch Down

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)
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+1(360) 910-1926

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711 21st AVE

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