1334 16th Avenue South

Seattle, WA 98144

$1,790,000
Last Sold Price
12
Beds
7
Baths
3,840 Sq. Ft.
$466 / Sq. Ft.
3,840
Sq. Ft.
$466
per Sq. Ft.

Description

Opportunity zone. This Beacon Hill 4-plex was taken down to the studs and fully renovated in 2020. This included a new roof, all new plumbing and electric as well as a stylish new interior. Each unit features 3 bdrms and 1.75 baths and a full compliment of brand new appliances including in unit washer/dryer. The property is conveniently located within walking distance to Seahawks Stadium, First Hill, International District, and Pioneer Square. The LR2 property zoning offers future development potential...Opportunity zone. This Beacon Hill 4-plex was taken down to the studs and fully renovated in 2020. This included a new roof, all new plumbing and electric as well as a stylish new interior. Each unit features 3 bdrms and 1.75 baths and a full compliment of brand new appliances including in unit washer/dryer. The property is conveniently located within walking distance to Seahawks Stadium, First Hill, International District, and Pioneer Square. The LR2 property zoning offers future development potential as well. There is space on the current lot for and additional structure to be built. See supplements for dev reports. This is a great opportunity for a brand new low maintenance, income producing asset in a highly desirable area.
  1. Listed by Erik Robbins • RE/MAX Northwest Realtors

Property Details for 1334 16th Avenue South

Community Name
Beacon Hill
School District
Seattle
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
12-15-2020
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of RE/MAX Northwest Realtors

Sold By RE/MAX Town Center

Add your commute
LISTING UPDATED: 11/10/2021 09:23 AM

Property Details for 1334 16th Avenue South

StatusSold
MLS #1697078
Days on Market183
Cumulative Days on Market184
Taxes$8,492 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1908
Lot Size0.14 AC / 6,006 SF
CountyKing County

Location

Listing Courtesy of RE/MAX Northwest Realtors

Sold By RE/MAX Town Center

Add your commute

Building Information for 1334 16th Avenue South

Stories2Residences4Year Built1908Building Size-Lot Size0.14 AC / 6,006 SF

Payment Calculator

$10,476 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,769

Property Taxes

$708

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1334 16th Avenue South

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Partially, Gas Available, Gated Entry, High Speed Internet
  • Area: 385 - SODO/Beacon Hill
  • Block: 23
  • Effective Year Built Source: See Remarks
  • Directions: From I5 take exit 163. Continue on S Columbian Way. Take 15th Ave S and 17th Ave S to 16th Ave
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
  • Additional Tax Ids: 7133300308
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl Plank
  • Amenities: Storage
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Ductless HP-Mini Split,Wall
  • Water Source: Public
  • Water/Sewer/Garbage: 5280
  • Power Company: City of Seattle
  • Sewer Company: City of Seattle
  • Water Company: City of Seattle
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • 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: 2020
  • Photos Count: 20
Lot Information
  • Lot Details: Alley, Corner Lot, Dead End Street
  • Lot Number: 16-17
  • Lot Size Source: Survey
  • Parcel Number Free Text: 7133300307
  • Calculated Square Footage: 3840
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3840.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Common Interest: Multi-Family
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 25220
  • Gross Adjusted Income: 114000
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $120,000
  • Insurance Expense: $3,000
  • Net Operating Income: $88,780
  • Other Expenses: $7,488
  • Total Monthly Income: 10000
  • Fuel Expense: $960
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 960
  • Rent Unit 1: $2,500.00
  • Bedrooms Unit 1: 3
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 960
  • Rent Unit 2: $2,500.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 960
  • Rent Unit 3: $2,500.00
  • Bedrooms Unit 3: 3
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 960
  • Rent Unit 4: $2,500.00
  • Bedrooms Unit 4: 3
  • Bathrooms Unit 4: 2
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 3840.0
  • Leasable Area Units: Square Feet

Property History for 1334 16th Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1334 16th Avenue South

Taxable ValueLand$435,000Additions$912,000Total$1,347,000
Tax Record2022$11,448 ($954 / month)
Home Facts
Baths4Total Finished SqFt2,880 SqFtAbove Ground SqFt1,920 SqFtFinished Basement SqFt960 SqFtStories1Lot Size3,035 SqFtStyleDuplexYear Built1908ZoningLR2 (M)CountyKINGAPN713330-0307

Schools near 1334 16th Avenue South

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

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

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Northwest Realtors

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.