8322 Wabash Avenue S Seattle, WA 98118
8322 Wabash Avenue S
Seattle, WA 98118
$1,195,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Newly remodeled 4-plex features major upgrades including a new roof, updated electrical and plumbing systems, and in-unit washer and dryer in each unit. 3 units have been tastefully renovated, while 1 unit remains in its original condition. Over $350,000 in recent upgrades ensure a low-maintenance investment, while the property brings in strong rental income at ~ $9,500/month with 7.8% cap rate. Zoned LR2(M) on a large lot, ideal for future development. Blocks from the Seattle Public Library, Rainier Beach, light rail, grocery stores, and restaurants. Perfect for investors or owner-occupants—live in one unit and let the others pay your mortgage.
Property Features
Community: Seattle
4-Plex
Exterior: Brick
Exterior: Wood
Roof: Composition
Year Built: 1958
2024 Taxes: $8323.00
Buyer Broker Compensation: 2.5%
Listing #: 2373665
Lot Details
Lot Size: 0.14 acres
Alley
Curbs
Paved
Sidewalk
No. of Units: 4
Interior
Cooling: None
Heating: Baseboard
Electric
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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