7023 16th Ave SW

Seattle, WA 98106

$1,250,000
Price
9
Beds
9
Baths
3,300 Sq. Ft.
$379 / Sq. Ft.
3,300
Sq. Ft.
$379
per Sq. Ft.
a view of a small house next to a yard
a front view of a house with a yard and garage
a front view of a house with plants
a view of kitchen with wooden floor and electronic appliances
a view of a kitchen with a stove cabinets and wooden floor
a view of a kitchen with microwave and cabinets
a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator
a large kitchen with stainless steel appliances granite countertop a stove top oven a sink dishwasher a refrigerator and white cabinets with wooden floor
a kitchen with stainless steel appliances granite countertop a stove and white cabinets
a kitchen with a sink cabinets and wooden floor
a view of walk in closet with empty racks
a bedroom with a bed and a view of bathroom
a bedroom with a bed a desk and chair
a view of a room with gym equipment
a living room with furniture and a table
a living room with furniture and a window
a bedroom with a bed and a window
a bathroom with a toilet sink and mirror
a room with kitchen island white cabinets and window
a kitchen with a refrigerator and white cabinets
a kitchen with a sink granite counter tops and a sink
a view of a small space
a view of an empty room
a view of a refrigerator in kitchen and a window
a kitchen with a refrigerator and a sink
a view of a kitchen with a sink and cabinets
a kitchen with stainless steel appliances granite countertop a stove a refrigerator and a microwave
a kitchen with a sink stove and refrigerator
a view of kitchen with a sink
an empty room with a window
a bathroom with a sink toilet and shower
a view of an empty room
a bathroom with a sink toilet and shower
an empty room with windows
a bathroom with a sink toilet and a bathtub
a view of a balcony with trees
a view of outdoor space with deck and yard
a view of small white house with wooden fence
a view of a house with a tree
unknown
Listing provided courtesy of eXp Realty

Description

Investor’s Dream or the unlimited House Hack! Located just steps from South Seattle College, this unique property offers the ultimate income-generating opportunity. The main home features 8 private bedrooms, each with its own en suite bathroom, one even has a kitchenette, making it perfect for extended stays or higher rental income. Tucked away with its own separate entrance is a 1 bed / 1 bath ADU, ideal for owner-occupancy or a steady rental stream. Live in one unit and let the rest pay your mortgage...Investor’s Dream or the unlimited House Hack! Located just steps from South Seattle College, this unique property offers the ultimate income-generating opportunity. The main home features 8 private bedrooms, each with its own en suite bathroom, one even has a kitchenette, making it perfect for extended stays or higher rental income. Tucked away with its own separate entrance is a 1 bed / 1 bath ADU, ideal for owner-occupancy or a steady rental stream. Live in one unit and let the rest pay your mortgage and then some. Or go fully passive and bring in a hands-off 9.8% cap rate with a property manager in place. Whether you’re a savvy investor or looking for a creative way to build wealth through real estate, this property checks all the boxes!
  1. Listed by Becca Pitts • eXp Realty
  2. Listed by Jacob Weaver • eXp Realty

Property Details for 7023 16th Avenue Southwest

Community Name
Delridge
School District
Seattle
View
Territorial
Number of Assigned Spaces
6
Total Covered Parking
1
Entry Date
06-20-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/25/2025 04:13 PM

Property Details for 7023 16th Avenue Southwest

StatusActive
MLS #2396536
Days on Market188
Cumulative Days on Market188
Taxes$9,390 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2013
Lot Size0.12 AC / 5,368 SF
CountyKing County

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 7023 16th Avenue Southwest

Stories2Residences2Year Built2013Building Size-Lot Size0.12 AC / 5,368 SF

Payment Calculator

$6,959 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,177

Property Taxes

$783

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7023 16th Avenue Southwest

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, RV Parking
  • Area: 140 - West Seattle
  • Elementary School: Sanislo
  • Middle Or Junior School: Madison Mid
  • High School: West Seattle High
  • Directions: Hwy 99 North to Highland Park Way SW, Right onto SW Holden St, Right onto 16th Ave SW to home on Left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
  • Parking Features: RV Parking
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 Plank, Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 5000
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: Tax Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Details: Curbs, Secluded, Sidewalk
  • Lot Size Source: Tax Realist
  • Parcel Number Free Text: 3438502762
  • Building Condition: Good
  • Calculated Square Footage: 3300
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3300.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $5,500
  • Total Expenses: 22890
  • Gross Adjusted Income: 146490
  • Gross Rent Multiplier: 1045
  • Gross Scheduled Income: $154,200
  • Insurance Expense: $3,000
  • Net Operating Income: $123,601
  • Other Expenses: $0
  • Total Monthly Income: 9960
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: Main
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 2500
  • Rent Unit 1: $10,250.00
  • Bedrooms Unit 1: 8
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 8
Unit 2
  • Name Unit 2: ADU
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 800
  • Rent Unit 2: $2,000.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 3300.0

Property History for 7023 16th Avenue Southwest

DateEvent & SourcePriceAppreciation
Jun 20, 2025

Listed (Active)

NWMLS #2395276

$1,250,000—
Jun 20, 2025

Listed (Active)

NWMLS #2396536

$1,250,000—
DateEvent & SourcePrice
06/20/2025

Listed (Active)

NWMLS #2395276

$1,250,000
06/20/2025

Listed (Active)

NWMLS #2396536

$1,250,000

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

Public Records for 7023 16th Avenue Southwest

Taxable ValueLand$301,000Additions$645,000Total$946,000
Tax Record2024$7,367 ($614 / month)
Home Facts
Beds9Baths7Total Finished SqFt3,300 SqFtAbove Ground SqFt3,300 SqFtStories2Lot Size5,368 SqFtStyleSingle Family ResidenceYear Built2013ZoningNR3CountyKINGAPN343850-2762

Schools near 7023 16th Avenue Southwest

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
Sanislo Elementary School
Public - K to 5
Denny Middle School
Public - 6 to 8
Chief Sealth High School
Public - 9 to 12
Louisa Boren STEM K-8
Public - PK to 8
Rating
School
Distance
Sanislo Elementary School
PublicK to 5

Denny Middle School
Public6 to 8

Chief Sealth High School
Public9 to 12

Louisa Boren STEM K-8
PublicPK 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.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

More information about 7023 16th Avenue Southwest, Seattle, WA 98106

7023 16th Avenue Southwest is a multi-family home for sale in Seattle, WA 98106. This property was listed for sale on June 20, 2025 by eXp Realty, it's currently listed at $1,250,000. This listing's school district is Seattle Public Schools. Nearby schools include Sanislo Elementary School, Denny Middle School and Chief Sealth High School. 7023 16th Avenue Southwest is a 9-bed, 9-bath, 3,300 sqft multi-family home built in 2013.

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 eXp Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/25/2025 03:31 AM. 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.