812 29th Avenue South

Seattle, WA 98144

$4,350,000
Price
16
Beds
8
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Huge Investment opportunity in the Leschi neighborhood of Seattle. This property has 8 units and a total space of 15,000 Sq Ft which can be used for your next Project. Each unit has 2 beds, 1 bath and 800 Sq Ft, remodeled within the last 7 years. Garage parking and plenty of Street Parking. Being located near Downtown Seattle, the Opportunities with this Property are unlimited. Contact helpful L/A Mitchell Sundene for more information and showing access.Huge Investment opportunity in the Leschi neighborhood of Seattle. This property has 8 units and a total space of 15,000 Sq Ft which can be used for your next Project. Each unit has 2 beds, 1 bath and 800 Sq Ft, remodeled within the last 7 years. Garage parking and plenty of Street Parking. Being located near Downtown Seattle, the Opportunities with this Property are unlimited. Contact helpful L/A Mitchell Sundene for more information and showing access.
  1. Listed by Mitchell Sundene • Real Broker LLC
  2. Listed by Kyle Lee • Real Broker LLC

Property Details for 812 29th Avenue South

Community Name
Leschi
School District
Seattle
Number of Assigned Spaces
8
Total Covered Parking
6
Entry Date
03-12-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Real Broker LLC
Add your commute
LISTING UPDATED: 03/12/2024 10:39 AM

Property Details for 812 29th Avenue South

StatusActive
MLS #2206035
Days on Market47
Cumulative Days on Market55
Taxes$11,784 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.34 AC / 15,000 SF
CountyKing County

Location

Listing Courtesy of Real Broker LLC
Add your commute

Building Information for 812 29th Avenue South

Stories3Residences8Year Built1963Building Size-Lot Size0.34 AC / 15,000 SF

Payment Calculator

$24,722 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,740

Property Taxes

$982

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 812 29th Avenue South

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 380 - Southeast Seattle
  • Block: 6
  • Elementary School: Thurgood Marshall El
  • Middle Or Junior School: Wash Mid
  • High School: Garfield High
  • Effective Year Built Source: Public Records
  • Directions: From I-90, take exit Rainier Ave South, turn Left on S Holgate St, turn Left on 23rd Ave S, turn Right on S Dearborn St, turn Right on 29th Ave S. Property will be on your Left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 1.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Floor Covering: See Remarks
  • Amenities: Coin Op Laundry
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Stone, Stucco
  • Roof: Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 15026.36
  • Power Company: City Lights
  • Sewer Company: City Lights
  • Water Company: City Lights
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Slab
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1993
  • Photos Count: 21
Lot Information
  • Lot Size Dimensions: 100X150ft
  • Lot Number: 12
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 0567000590
  • Building Condition: Good
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 30310.36
  • Gross Adjusted Income: 192000
  • Gross Rent Multiplier: 23.9
  • Gross Scheduled Income: $180,000
  • Insurance Expense: $3,500
  • Net Operating Income: $146,968
  • Other Expenses: $0
  • Total Monthly Income: 14800
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 812-1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 800
  • Rent Unit 1: $1,800.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 812-2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 800
  • Rent Unit 2: $1,800.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 812-3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Square Feet Unit 3: 800
  • Rent Unit 3: $1,800.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 812-4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Square Feet Unit 4: 800
  • Rent Unit 4: $1,800.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 818-5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Square Feet Unit 5: 800
  • Rent Unit 5: $1,800.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 818-6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Square Feet Unit 6: 800
  • Rent Unit 6: $1,800.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 818-7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Square Feet Unit 7: 800
  • Rent Unit 7: $2,000.00
  • Bedrooms Unit 7: 2
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 818-8
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Square Feet Unit 8: 800
  • Rent Unit 8: $2,000.00
  • Bedrooms Unit 8: 2
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 1
Rental
Rent Information
  • Occupant Type: Owner
  • Leasable Area: 6408.0
  • Leasable Area Units: Square Feet

Property History for 812 29th 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 812 29th Avenue South

Taxable ValueLand$720,000Additions$590,000Total$1,310,000
Tax Record2022$11,784 ($982 / month)
Home Facts
Total Finished SqFt3,204 SqFtAbove Ground SqFt3,204 SqFtStories3Lot Size6,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963Year Renovated1990ZoningLR2 (M)CountyKINGAPN056700-0590

Schools near 812 29th 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
Leschi Elementary School
PublicK to 5

Edmonds S. Meany Middle School
Public6 to 8

Garfield High School
Public9 to 12

Nova 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.

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812 29th Avenue South is a multi-family home for sale in Seattle, WA 98144. This property was listed for sale on March 12, 2024 by Real Broker LLC, it's currently listed at $4,350,000. This listing's school district is Seattle Public Schools. Nearby schools include Leschi Elementary School, Edmonds S. Meany Middle School and Garfield High School. 812 29th Avenue South is a 16-bed, 8-bath, multi-family home built in 1963.

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 Real Broker LLC

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.