711 21st Avenue Seattle, WA 98122
711 21st Avenue
Seattle, WA 98122
$2,295,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Central Area
5-9 Units
Fenced-Partially
Exterior: Wood
Roof: Torch Down
Year Built: 1900
2025 Taxes: $19368.00
Buyer Broker Compensation: 2.5%
Listing #: 2417426
Lot Details
Lot Size: 0.17 acres
Alley
Curbs
Paved
Sidewalk
No. of Units: 6
Interior
Cooling: None
Heating: Wall Unit(s)
Electric
Common Features
Coin Op Laundry
Call or Email:
Grace Wamwere
What's Near 711 21st Avenue Seattle, WA 98122?
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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Courtesy of Westlake Associates, Inc.
