7325 47th Avenue Southwest

Seattle, WA 98136

$1,622,000
Last Sold Price
10
Beds
5
Baths
4,000 Sq. Ft.
$406 / Sq. Ft.
4,000
Sq. Ft.
$406
per Sq. Ft.

Description

Great investment opportunity! Well maintained, family owned building in an incredible West Seattle location. Strong rental history with no vacancy. Five, 2 bedroom units with spacious floor plans include in-unit laundry, fireplaces and private decks. Located steps away from Lincoln Park, Loman Beach, Coleman Pool, tennis courts, Rapid Ride and the Fauntleroy ferry dock. Each unit includes 1 off street parking space and 1 storage unit. Building has an in-vac system and secured entry.Great investment opportunity! Well maintained, family owned building in an incredible West Seattle location. Strong rental history with no vacancy. Five, 2 bedroom units with spacious floor plans include in-unit laundry, fireplaces and private decks. Located steps away from Lincoln Park, Loman Beach, Coleman Pool, tennis courts, Rapid Ride and the Fauntleroy ferry dock. Each unit includes 1 off street parking space and 1 storage unit. Building has an in-vac system and secured entry.

Listing Agents

  1. Jennifer Ng

    Jennifer Ng

    Alternative Listing Agent

    Compass

    jenniferng@compass.com

    P: 253.376.3991

Property Details for 7325 47th Avenue Southwest

Community Name
Lincoln Park
School District
Seattle
Number of Assigned Spaces
5
Total Covered Parking
0
Entry Date
10-02-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of COMPASS

Sold By ZNonMember-Office-MLS

Add your commute
LISTING UPDATED: 02/14/2022 03:51 PM

Property Details for 7325 47th Avenue Southwest

StatusSold
MLS #1845313
Days on Market63
Cumulative Days on Market829
Taxes$18,372 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1985
Lot Size0.11 AC / 4,635 SF
CountyKing County

Location

Listing Courtesy of COMPASS

Sold By ZNonMember-Office-MLS

Add your commute

Building Information for 7325 47th Avenue Southwest

Stories3Residences5Year Built1985Building Size-Lot Size0.11 AC / 4,635 SF

Payment Calculator

$10,383 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,852

Property Taxes

$1,531

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7325 47th Avenue Southwest

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Deck
  • 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 Fauntleroy Way SW drive towards 47th Ave SW and turn right. Apartment is on your left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
  • Additional Tax Ids: 431570-0570
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Carpet
  • Features: Laminate, Laminate Hardwood, Wall to Wall Carpet
  • Amenities: Fire Sprinklers,Storage
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Torch Down
Property
Utilities
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 7291
  • Power Company: City of Seattle
  • Sewer Company: Seattle Public Utilites
  • Water Company: Seattle Public Utilites
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: See Remarks
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1998
  • Photos Count: 14
Lot Information
  • Lot Details: Curbs, Sidewalk
  • Lot Size Source: Realist
  • Parcel Number Free Text: 4315700570
  • Building Condition: Average
  • Calculated Square Footage: 4000
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4000.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 3
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 5
  • Units Below Grade: true
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $146
  • Total Expenses: 28421
  • Gross Adjusted Income: 88800
  • Gross Rent Multiplier: 19
  • Gross Scheduled Income: $88,800
  • Insurance Expense: $2,152
  • Net Operating Income: $58,800
  • Other Expenses: $460
  • Total Monthly Income: 7400
  • Fuel Expense: $0
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: 800
  • Rent Unit 1: $1,600.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
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: 800
  • Rent Unit 2: $1,200.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
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: 800
  • Rent Unit 3: $1,650.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
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: 800
  • Rent Unit 4: $1,300.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 800
  • Rent Unit 5: $1,650.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 1
  • Bathrooms Unit 5: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4000.0
  • Leasable Area Units: Square Feet

Property History for 7325 47th Avenue Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7325 47th Avenue Southwest

Taxable ValueLand$579,300Additions$1,198,700Total$1,778,000
Tax Record2022$15,186 ($1,265 / month)
Home Facts
Total Finished SqFt4,535 SqFtAbove Ground SqFt4,535 SqFtStories3Lot Size4,635 SqFtStyleMulti-Family Dwelling (2-4)Year Built1985Year Renovated1998ZoningLR1 (M)CountyKINGAPN431570-0570Fireplace TypeHas Fireplace

Schools near 7325 47th Avenue Southwest

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 - PK to 8
Rating
School
Distance
Gatewood Elementary School
PublicK 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.

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 COMPASS

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.