5222-36 Delridge Way Southwest
5222-36 Delridge Way Southwest
Seattle, WA 98106
$4,500,000
Price
22
Beds
15
Baths
8,682 Sq. Ft.
$518 / Sq. Ft.
8,682
Sq. Ft.
$518
per Sq. Ft.
Listing provided courtesy of Keller Williams Rlty Bellevue
Description
PRICE IMPROVEMENT - Attention developers and investors! This is your rare chance to own or develop prime West Seattle real estate. 5 separate parcels fronting Delridge Way SW totaling appx. 23,000 sqft. of flat developable land. Some preliminary feasibility and site plans have been done. Developer terms available. Existing properties include a mix of multifamily units and one SFR. Fix up and hold, land bank, or re-develop the parcel into a great mixed-use or townhouse project. Don't miss this opportunity...PRICE IMPROVEMENT - Attention developers and investors! This is your rare chance to own or develop prime West Seattle real estate. 5 separate parcels fronting Delridge Way SW totaling appx. 23,000 sqft. of flat developable land. Some preliminary feasibility and site plans have been done. Developer terms available. Existing properties include a mix of multifamily units and one SFR. Fix up and hold, land bank, or re-develop the parcel into a great mixed-use or townhouse project. Don't miss this opportunity to create your vision in a great neighborhood!
- Listed by Alex Liatsis • Keller Williams Rlty Bellevue
- Listed by Marc Erickson • Keller Williams Rlty Bellevue
Property Details for 5222-36 Delridge Way Southwest
Community Name
Delridge
School DistrictSeattle
ViewSee Remarks
Number of Assigned Spaces10
Total Covered Parking1
Entry Date09-12-2023
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Keller Williams Rlty Bellevue![]()
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LISTING UPDATED: 03/12/2024 10:31 AM
Property Details for 5222-36 Delridge Way Southwest
| Status | Active |
|---|---|
| MLS # | 2160522 |
| Days on Market | 228 |
| Cumulative Days on Market | 480 |
| Taxes | $26,241 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1966 |
| Lot Size | 0.11 AC / 4,800 SF |
| County | King County |
Location
Listing Courtesy of Keller Williams Rlty Bellevue![]()
Add your commute
Building Information for 5222-36 Delridge Way Southwest
Stories2Residences15Year Built1966Building Size-Lot Size0.11 AC / 4,800 SF
Payment Calculator
$26,745 per month
30 year fixed, 7.25% Interest
Principal and Interest
$24,558
Property Taxes
$2,187
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 5222-36 Delridge Way Southwest
Summary
Location and General Information
- Style: 56 - 10+ Units
- Area: 140 - West Seattle
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: From I-5 take West Seattle Freeway, Delridge exit, south on Delridge to property.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 10.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Hardwood, Laminate
- Features: Hardwood, Laminate Tile
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 8607
- Power Company: Seattle City Light
- Sewer Company: PSE
- Water Company: PSE
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Letter On File: Duplicate Prop Type
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1966
- Photos Count: 28
Lot Information
- Lot Details: Paved
- Lot Size Source: Realist
- Parcel Number Free Text: 1773101180
- Calculated Square Footage: 8682
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 8682.0
- 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: 33
- Number Of Units Total: 15
- Units Below Grade: false
- Units In Building Total: 15
Financing / Income and Expenses
- Electric Expense: $582
- Total Expenses: 51654.56
- Gross Adjusted Income: 104184
- Gross Rent Multiplier: 47.99
- Gross Scheduled Income: $104,184
- Insurance Expense: $7,302
- Net Operating Income: $52,529
- Other Expenses: $8,923
- Total Monthly Income: 8415
- Fuel Expense: $0
Unit 1
- Name Unit 1: 5222 - Unit 1
- Square Feet Unit 1: 673
- Rent Unit 1: $875.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 5222 - Unit 2
- Square Feet Unit 2: 673
- Rent Unit 2: $1,000.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 5222 - Unit 3
- Square Feet Unit 3: 673
- Rent Unit 3: $1,200.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 5222 - Unit 4
- Square Feet Unit 4: 673
- Rent Unit 4: $1,000.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 5236 - Unit 2
- Square Feet Unit 5: 520
- Bedrooms Unit 5: 1
- Fireplaces Unit 5: 0
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 5230 - Unit 1
- Square Feet Unit 6: 520
- Rent Unit 6: $700.00
- Bedrooms Unit 6: 2
- Fireplaces Unit 6: 0
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 5230 - Unit 2
- Square Feet Unit 7: 520
- Rent Unit 7: $865.00
- Bedrooms Unit 7: 1
- Fireplaces Unit 7: 0
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 5230 - Unit 3
- Square Feet Unit 8: 520
- Bedrooms Unit 8: 1
- Fireplaces Unit 8: 0
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 5230 - Unit 4
- Square Feet Unit 9: 520
- Bedrooms Unit 9: 1
- Fireplaces Unit 9: 0
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 5232 - Unit 1
- Square Feet Unit 10: 665
- Bedrooms Unit 10: 2
- Fireplaces Unit 10: 0
- Bathrooms Unit 10: 1
Unit 11
- Name Unit 11: 5232 - Unit 2
- Square Feet Unit 11: 665
- Rent Unit 11: $800.00
- Bedrooms Unit 11: 2
- Fireplaces Unit 11: 0
- Bathrooms Unit 11: 1
Unit 12
- Name Unit 12: 5236 - Unit 1
- Square Feet Unit 12: 520
- Rent Unit 12: $800.00
- Bedrooms Unit 12: 1
- Fireplaces Unit 12: 0
- Bathrooms Unit 12: 1
Unit 13
- Name Unit 13: 5236 - Unit 3
- Square Feet Unit 13: 520
- Bedrooms Unit 13: 1
- Fireplaces Unit 13: 0
- Bathrooms Unit 13: 1
Unit 14
- Name Unit 14: 5236 - Unit 4
- Square Feet Unit 14: 520
- Rent Unit 14: $700.00
- Bedrooms Unit 14: 1
- Fireplaces Unit 14: 0
- Bathrooms Unit 14: 1
Unit 15
- Name Unit 15: 5226
- Square Feet Unit 15: 500
- Rent Unit 15: $675.00
- Bedrooms Unit 15: 1
- Fireplaces Unit 15: 0
- Bathrooms Unit 15: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 8682.0
- Leasable Area Units: Square Feet
Property History for 5222-36 Delridge Way Southwest
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 5222-36 Delridge Way 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 - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Fairmount Park Elementary PublicPK to 5 | ||
Madison Middle School Public6 to 8 | ||
West Seattle 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 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 Keller Williams Rlty Bellevue
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.