1715 16th Ave S

Seattle, WA 98144

$1,175,000
Last Sold Price
—
Beds
—
Baths
3,240 Sq. Ft.
$363 / Sq. Ft.
3,240
Sq. Ft.
$363
per Sq. Ft.
Sold 9/15/23
Sold 9/15/23
a car parked in front of a house
a view of a house with a street
a living room with furniture and a wooden floor
a living room with furniture and a window
a living room with furniture and a large window
a view of a kitchen with furniture and a potted plant
a kitchen with stainless steel appliances granite countertop a sink a stove a microwave a sink and cabinets
a living room with furniture and a large window
a bedroom with a bed and a window
a bathroom with a sink mirror and vanity
a bathroom with a bathtub and a toilet
a bedroom with a bed and a chair
a bedroom with a bed and a potted plant
a view of an empty room with wooden floor and a window
a living room with furniture and a flat screen tv
a view of a balcony with an outdoor space
a bathroom with a sink and a mirror
a view of empty room with wooden floor
a view of empty room with wooden floor
a kitchen with granite countertop a sink a stove cabinets and counter space
a kitchen with sink a window and chairs
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a kitchen with stainless steel appliances granite countertop a stove sink and cabinets
a view of storage and utility room with closet
an empty room with wooden floor and windows
a bedroom with a bed and a couch
a bathroom with a sink and a mirror
an empty room with wooden floor and window
a bedroom with a bed and a window
an aerial view of a house with mountain view
an aerial view of a house with a garden
a view of a city
an aerial view of a city
an aerial view of multiple house
a view of a city
an aerial view of multiple house
an aerial view of multiple house
an aerial view of a city
Listing provided courtesy of Compass, Windermere Bellevue Commons
Source: Northwest MLS

Description

Investor alert - Add this 4-Plex to your investment portfolio! Great investment property with room for rent increases. All units are occupied with 1 year leases in place. Units have been updated with new LVP flooring, new exterior and interior paint, new appliances, water heater and more! Close to light rail, Seattle and all public transportation. Beautiful light filled interiors, large new windows, territorial views, upper units have nice sitting decks. Plenty of parking that could be additional...Investor alert - Add this 4-Plex to your investment portfolio! Great investment property with room for rent increases. All units are occupied with 1 year leases in place. Units have been updated with new LVP flooring, new exterior and interior paint, new appliances, water heater and more! Close to light rail, Seattle and all public transportation. Beautiful light filled interiors, large new windows, territorial views, upper units have nice sitting decks. Plenty of parking that could be additional income, and coin laundry onsite. This is a fantastic property and it is pre-inspected!

Listing Agents

  1. Jolene Brown

    Jolene Brown

    Listing Agent

    Compass

    jolene.brown@compass.com

    P: (425)-281-8142

    CallTextEmail
  2. Laura Lynn

    Laura Lynn

    Alternative Listing Agent

    Compass

    laura.lynn@compass.com

    P: (425)-647-0550

    CallTextEmail

Property Details for 1715 16th Avenue South

Community Name
Beacon Hill
School District
Seattle
View
Territorial
Number of Assigned Spaces
10
Total Covered Parking
0
Entry Date
05-16-2023
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:47 AM

Property Details for 1715 16th Avenue South

StatusSold
MLS #2068430
Days on Market100
Cumulative Days on Market100
Taxes$6,295 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
Lot Size0.11 AC / 5,000 SF
CountyKing County
Buyer's Agent Compensation2.5%

Location

Listing Courtesy of COMPASS

Sold By Windermere Bellevue Commons

Add your commute

Building Information for 1715 16th Avenue South

Stories2Residences4Year Built1978Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$6,251 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,727

Property Taxes

$525

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1715 16th Avenue South

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV
  • Area: 385 - SODO/Beacon Hill
  • Block: 8
  • Effective Year Built Source: Public Records
  • Directions: 15th Ave. South to S. State and left to building on 16th.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Engineered Hardwood, Laminate, Carpet
  • Features: Ceramic Tile, Laminate Tile, Wall to Wall Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1100
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Slab
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1988
  • Photos Count: 38
Lot Information
  • Lot Details: Dead End Street, Paved, Sidewalk
  • Lot Number: 3-4
  • Lot Size Source: Realist
  • Parcel Number Free Text: 7548300195
  • Calculated Square Footage: 3240
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3240.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 10
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $75
  • Total Expenses: 9590
  • Gross Adjusted Income: 68820
  • Gross Rent Multiplier: 20.27
  • Gross Scheduled Income: $68,820
  • Insurance Expense: $2,000
  • Net Operating Income: $59,230
  • Other Expenses: $0
  • Total Monthly Income: 5805
  • Fuel Expense: $120
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3240.0
  • Leasable Area Units: Square Feet

Property History for 1715 16th Avenue South

DateEvent & SourcePriceAppreciation
Sep 15, 2023

Sold

NWMLS #2068430

$1,175,000—
Sep 13, 2023

Sold (Public Record)

Public Record #1518560815

$1,175,000—
Aug 24, 2023

Pending

NWMLS #2068430

—
Jul 14, 2023

Price Change

NWMLS #2068430

$1,395,000—
May 16, 2023

Listed (Active)

NWMLS #2068430

$1,499,888—
DateEvent & SourcePrice
09/15/2023

Sold

NWMLS #2068430

$1,175,000
09/13/2023

Sold (Public Record)

Public Record #1518560815

$1,175,000
08/24/2023

Pending

NWMLS #2068430

—
07/14/2023

Price Change

NWMLS #2068430

$1,395,000
05/16/2023

Listed (Active)

NWMLS #2068430

$1,499,888

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1715 16th Avenue South

Taxable ValueLand$600,000Additions$358,000Total$958,000
Tax Record2024$9,908 ($826 / month)
Home Facts
Total Finished SqFt3,240 SqFtAbove Ground SqFt3,240 SqFtStories2Lot Size5,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1978Year Renovated1998ZoningLR2 (M)CountyKINGAPN754830-0195

Schools near 1715 16th Avenue South

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Beacon Hill International School
Public - K to 5
Mercer Middle School
Public - 6 to 8
Franklin High School
Public - 9 to 12
The Seattle Public Schools Skills Center
Public - 9 to 12
Rating
School
Distance
Beacon Hill International School
PublicK to 5

Mercer Middle School
Public6 to 8

Franklin High School
Public9 to 12

The Seattle Public Schools Skills Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS

Based on information submitted to the MLS GRID as of 09/05/2024 05:47 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.