PROPERTIES FOR SALE

9265 57th Avenue S Seattle, WA 98118

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NWMLS Courtesy of eXp Realty
9265 57th Avenue S
Seattle, WA 98118
$1,699,950
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Exceptional value-add investment opportunity in Seattle's evolving Rainier Beach neighborhood, just moments from Lake Washington. This 7-unit multifamily property features an ideal unit mix of four 2-bedroom/1-bath units and three 1-bedroom/1-bath units, providing strong in-place income with additional revenue from on-site coin-operated laundry. Current ownership has maintained consistent occupancy while offering the next owner the opportunity to enhance value through cosmetic unit updates as vacancies occur. Investors will appreciate the potential to improve rental income over time while benefiting from immediate cash flow. Situated on an NC155(M)-zoned lot with six tandem parking spaces accommodating up to 12 vehicles, the property also offers long-term redevelopment potential (buyer to verify). Conveniently located near Lake Washington, transit, neighborhood restaurants, shopping, and ongoing community investment, this is a rare opportunity to acquire a well-performing asset with multiple avenues for future growth. Some interior photos have been virtually staged for illustrative purposes only. Virtual staging is limited to furnishings and décor.

Property Features

Community: Rainier Beach
5-9 Units
View: Lake
View: Partial
View: Territorial
Exterior: Brick
Exterior: Wood
Exterior: Wood Products
Roof: Flat
Roof: Torch Down
Year Built: 1923
2025 Taxes: $11604.78
Buyer Broker Comp.: 2%
Listing #: 2548973

Lot Details

Lot Size: 0.11 acres
Paved
Sidewalk
No. of Units: 7

Interior

Cooling: None
Heating: Baseboard, Wall Furnace
Electric

Common Features

Basement
Coin Op Laundry
Thermal Windows

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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