2515 Belvidere Ave SW

14
Baths
8,705 Sq. Ft.
$528 / Sq. Ft.
8,705
Sq. Ft.
$528
per Sq. Ft.

Description

ONCE IN A LIFETIME INVESTMENT OPPORTUNITY: Welcome to North Admiral, one of West Settle's premier locations and home to "The Sasonoff 13 Unit Apartment Complex". A combination of four duplexes and a five unit Apartment building on 9 platted lots. Great numbers with an actual annual GSI of $276,660.00. With $63,860 in annual Expenses (23%), this is a true performing 4.63% Capitalization Rate. Family owned and well managed for over 40 years. Each of the three Duplex's offers decks. There is a one car...ONCE IN A LIFETIME INVESTMENT OPPORTUNITY: Welcome to North Admiral, one of West Settle's premier locations and home to "The Sasonoff 13 Unit Apartment Complex". A combination of four duplexes and a five unit Apartment building on 9 platted lots. Great numbers with an actual annual GSI of $276,660.00. With $63,860 in annual Expenses (23%), this is a true performing 4.63% Capitalization Rate. Family owned and well managed for over 40 years. Each of the three Duplex's offers decks. There is a one car detached garage owner uses for storage/tools (additional income?) and coin op laundry facilities. 18,362 Sq. feet of NR3 Zoned property. Please call helpful listing agent for access details, showings and financials.
  1. Listed by Craig R. Roberts • Berkshire Hathaway HS NW
  2. Listed by John Traweek • Berkshire Hathaway HS NW

Property Details for 2515 Belvidere Avenue Southwest

Community Name
North Admiral
School District
Seattle
View
Bay, City, Mountain(s), Sound
Number of Assigned Spaces
16
Total Covered Parking
1
Entry Date
02-04-2025
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 12/28/2025 03:18 PM

Property Details for 2515 Belvidere Avenue Southwest

StatusActive
MLS #2326656
Days on Market349
Cumulative Days on Market349
Taxes$32,362 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.42 AC / 18,362 SF
CountyKing County

Location

Listing Courtesy of Berkshire Hathaway HS NW
Add your commute

Building Information for 2515 Belvidere Avenue Southwest

Stories2Residences13Year Built1937Building Size-Lot Size0.42 AC / 18,362 SF

Payment Calculator

$25,116 per month

30 year fixed, 6.15% Interest

Principal and Interest

$22,420

Property Taxes

$2,697

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2515 Belvidere Avenue Southwest

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Cable TV
  • Area: 140 - West Seattle
  • Block: 79
  • Elementary School: Lafayette
  • Middle Or Junior School: Madison Mid
  • High School: West Seattle High
  • Effective Year Built Source: Public Records
  • Directions: I-5, Exit 163B, West Seattle Bridge, take Admiral Way exit, at top of hill turn right on Belvidere Ave S.W.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 15.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Hardwood, Vinyl, Carpet
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 14816
  • Power Company: Seattle City Light
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1994
  • Photos Count: 40
Lot Information
  • Lot Details: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 85 x 224
  • Lot Number: 1-9
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 927570785003
  • Building Condition: Very Good
  • Calculated Square Footage: 8705
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 8705.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 15
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 13
  • Units Below Grade: false
  • Units In Building Total: 13
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 63860
  • Gross Adjusted Income: 276660
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $276,660
  • Insurance Expense: $11,175
  • Net Operating Income: $212,800
  • Other Expenses: $5,507
  • Total Monthly Income: 23055
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 3770 Upper
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 650
  • Rent Unit 1: $1,650.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 3770 Lower
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 650
  • Rent Unit 2: $2,000.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3766 Upper
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 650
  • Rent Unit 3: $1,925.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 3766 Lower
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 650
  • Rent Unit 4: $1,650.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 3760 Upper
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 650
  • Rent Unit 5: $1,700.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 3760 Lower
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 800
  • Rent Unit 6: $1,650.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 1
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 3756 Unit 1
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 730
  • Rent Unit 7: $1,995.00
  • Bedrooms Unit 7: 1
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 3756 Unit 2
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 650
  • Rent Unit 8: $1,550.00
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 3756 Unit 3
  • Washer/Dryer Unit 9: false
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 625
  • Rent Unit 9: $1,995.00
  • Bedrooms Unit 9: 1
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 3756 Unit 4
  • Washer/Dryer Unit 10: false
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 700
  • Rent Unit 10: $1,695.00
  • Bedrooms Unit 10: 1
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 3756 Unit 5
  • Washer/Dryer Unit 11: false
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 650
  • Rent Unit 11: $1,595.00
  • Bedrooms Unit 11: 1
  • Bathrooms Unit 11: 2
Unit 12
  • Name Unit 12: 2515 Belvidere
  • Washer/Dryer Unit 12: false
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 650
  • Rent Unit 12: $1,850.00
  • Bedrooms Unit 12: 1
  • Bathrooms Unit 12: 1
Unit 13
  • Name Unit 13: 2515 Belvidere
  • Washer/Dryer Unit 13: false
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: true
  • Square Feet Unit 13: 650
  • Rent Unit 13: $1,800.00
  • Bedrooms Unit 13: 1
  • Bathrooms Unit 13: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 8705.0

Property History for 2515 Belvidere Avenue Southwest

DateEvent & SourcePriceAppreciation
Feb 4, 2025

Listed (Active)

NWMLS #2326656

$4,600,000—
DateEvent & SourcePrice
02/04/2025

Listed (Active)

NWMLS #2326656

$4,600,000

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

Public Records for 2515 Belvidere Avenue Southwest

Taxable ValueLand$1,560,700Additions$1,592,300Total$3,153,000
Tax Record2024$32,362 ($2,697 / month)
Home Facts
Total Finished SqFt8,697 SqFtAbove Ground SqFt8,697 SqFtStories2Lot Size18,362 SqFtStyleMulti-Family Dwelling (2-4)Year Built1937Year Renovated1994ZoningNR3CountyKINGAPN927570-1850Fireplace TypeHas Fireplace

Schools near 2515 Belvidere Avenue Southwest

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Lafayette Elementary School
PublicPK to 5

Madison Middle School
Public6 to 8

West Seattle High School
Public9 to 12

Pathfinder K-8
PublicK to 8

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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2515 Belvidere Avenue Southwest is a multi-family home for sale in Seattle, WA 98126. This property was listed for sale on February 4, 2025 by Berkshire Hathaway HS NW, it's currently listed at $4,600,000. This listing's school district is Seattle Public Schools. Nearby schools include Lafayette Elementary School, Madison Middle School and West Seattle High School. 2515 Belvidere Avenue Southwest is a 13-bed, 14-bath, 8,705 sqft multi-family home built in 1937.

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 Berkshire Hathaway HS NW

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/19/2026 06:04 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.