PROPERTIES FOR SALE

8821 35th Avenue SW Seattle, WA 98126

NWMLS Courtesy of Paragon Real Estate Advisors
8821 35th Avenue SW
Seattle, WA 98126
$1,050,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
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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 storage and reserved off-street parking. Additionally, completing full unit renovations and bringing rents up to market levels provides a clear path to repositioning the asset and enhancing long-term returns. The property is part of phase 2 of the Seattle One Plan upzone. The proposed zoning is LR3 which creates future development potential.

Property Features

Community: West Seattle
5-9 Units
Exterior: Brick
Exterior: Wood
Roof: Flat
Year Built: 1957
2025 Taxes: $10883.00
Buyer Broker Compensation: 3%
Listing #: 2362878

Lot Details

Lot Size: 0.14 acres
No. of Units: 5

Interior

Cooling: None
Heating: Radiant
Electric

Schools

District: Seattle
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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