7023 16th Ave SW

Seattle, WA 98106

$1,250,000
Price
9
Beds
3,300 Sq. Ft.
$379 / Sq. Ft.
3,300
Sq. Ft.
$379
per Sq. Ft.
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Pending
Pending
a view of a house with a tree
a view of a house with a yard and garage
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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
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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
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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
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unknown
Listing provided courtesy of eXp Realty
Source: Northwest MLS

Description

ATTENTION INVESTORS: CASH FLOW, LOCATION, AND FLEXIBILITY Blocks from South Seattle College, this income-producing property is perfectly set up for rental housing, co-living, or shared-living rentals. Main home features 8 private bedrooms, each with private bath, including one suite with a kitchenette for premium rent potential. Separate-entrance 1 bed/1 bath ADU adds more options ideal for owner-occupancy, additional rental income, or on-site management. This property is built to perform from day...ATTENTION INVESTORS: CASH FLOW, LOCATION, AND FLEXIBILITY Blocks from South Seattle College, this income-producing property is perfectly set up for rental housing, co-living, or shared-living rentals. Main home features 8 private bedrooms, each with private bath, including one suite with a kitchenette for premium rent potential. Separate-entrance 1 bed/1 bath ADU adds more options ideal for owner-occupancy, additional rental income, or on-site management. This property is built to perform from day one. Use it as the ultimate house hack live in the ADU and let eight income streams pay the mortgage or operate it as a fully passive investment. With strong, predictable room-by-room income and high demand from the nearby college community, it’s an excellent candidate for DSCR financing, allowing investors to qualify based on the property’s income rather than personal income. Current rents already prove the model: 2 of the 9 rooms are occupied at $1,250/month each, while the kitchenette suite and ADU are vacant and ready to maximize returns. With professional property management available and an estimated 9.8% cap rate, this is a turnkey, scalable investment with immediate upside. Whether you’re growing a portfolio or starting your first investment, this property offers multiple strategies rental housing, workforce housing, flat-share living, or long-term rentals all in a high-demand Seattle location. Opportunities this versatile and finance-friendly don’t come along often.
  1. Listed by Becca Pitts • eXp Realty
    P: (888)-317-5197 becca@yournextstepteam.com
  2. Listed by Jacob Weaver • eXp Realty
    P: (888)-317-5197 jacob.weaver@exprealty.com

Property Details for 7023 16th Avenue Southwest

Community Name
Delridge
School District
Seattle
View
Territorial
Number of Assigned Spaces
1
Total Covered Parking
1
Entry Date
06-20-2025
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 03/18/2026 09:39 AM

Property Details for 7023 16th Avenue Southwest

StatusPending
MLS #2395276
Days on Market258
Cumulative Days on Market258
Taxes$9,390 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential
Year Built2013
Lot Size0.12 AC / 5,368 SF
CountyKing County
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Location

Listing Courtesy of eXp Realty
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Building Information for 7023 16th Avenue Southwest

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

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$7,077 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,294

Property Taxes

$783

HOA Dues

$0

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Property Information for 7023 16th Avenue Southwest

Summary
Location and General Information
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • 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.
  • Bus Route Number: 125, 128
  • Property Sub Type: RESI
  • Bus Line Nearby: true
  • View: Yes
  • Waterfront: No
  • Entry Location: Main
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: Yes
  • Parking Type: Garage-Detached, RV Parking
  • Open Parking: No
  • Parking Features: Detached Garage, RV Parking
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 8
  • Three Quarter Bathrooms: 1
  • Half Bathrooms: 0
  • Full Baths Lower: 0
  • Full Baths Main: 3
  • Full Baths Upper: 5
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 1
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 0
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 4
  • ADU Baths: 1
Bedroom Information
  • ADU Beds: 1
  • Bedrooms Main: 4
  • Bedrooms Upper: 5
  • Bedrooms Lower: 0
  • Master Bedroom Level: Main
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Hardwood, Vinyl Plank, Carpet
  • Basement: None
  • Features: Second Kitchen, Second Primary Bedroom, Bath Off Primary, Dbl Pane/Storm Window, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar
  • Water Heater Location: Utility Closet
  • Room and Floor: Entry Hall-Main, Dining Room-Main, Kitchen With Eating Space-Main, Living Room-Main, Primary Bedroom-Main, Utility Room-Main, Bathroom Full-None, Bathroom Full-Main, Bathroom Three Quarter-Main, Bedroom-None, Bedroom-Main
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s)
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Furnace
  • FIRPTA: No
  • Water Heater Type: Electric
  • Room List: Entry Hall, Dining Room, Kitchen With Eating Space, Living Room, Primary Bedroom, Utility Room, Bathroom Full, Bathroom Three Quarter, Bedroom
  • Number Of Showers: 9
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Appliances That Stay: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Public
  • 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
  • Senior Exemption: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Level: Two
  • Lot Topography: Level
  • First Right Of Refusal: false
  • 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: House
  • Square Footage Finished: 3300
  • Square Footage Unfinished: 0
  • Vegetation: Fruit Trees, Garden Space
  • Building Area Total: 3300.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Rental
Rent Information
  • Occupant Type: Tenant
  • Land Lease: No
  • Total Actual Rent: $9,960

Property History for 7023 16th Avenue Southwest

DateEvent & SourcePriceAppreciation
Mar 5, 2026

Pending

NWMLS #2395276

—
Mar 5, 2026

Pending

NWMLS #2396536

—
Jun 20, 2025

Listed (Active)

NWMLS #2395276

$1,250,000—
Jun 20, 2025

Listed (Active)

NWMLS #2396536

$1,250,000—
DateEvent & SourcePrice
03/05/2026

Pending

NWMLS #2395276

—
03/05/2026

Pending

NWMLS #2396536

—
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$9,390 ($782 / 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.

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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 eXp Realty

Based on information submitted to the MLS GRID as of 03/18/2026 09:39 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.