8821 35th Avenue SW Seattle, WA 98126
8821 35th Avenue SW
Seattle, WA 98126
$1,050,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
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
Call or Email:
Grace Wamwere
What's Near 8821 35th Avenue SW Seattle, WA 98126?

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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