818 17th Avenue
818 17th Avenue
Seattle, WA 98122
$2,800,000
Price
10
Beds
7
Baths
4,300 Sq. Ft.
$651 / Sq. Ft.
4,300
Sq. Ft.
$651
per Sq. Ft.
Listed By Compass
Listed By Compass
Listing provided courtesy of COMPASS
Description
Attention Investors! This 10-bedroom multi-family home, which was extensively remodeled with an effective year built in 2022, offers promising investment potential, a high occupancy rate, and an attractive cap rate. Conveniently located near bustling cafes, shops, restaurants, hospitals, and Seattle University, residents will enjoy the perfect blend of city living and urban convenience. With two levels and a basement, there's ample space for residents to enjoy, whether they're exploring nearby Volunteer...Attention Investors! This 10-bedroom multi-family home, which was extensively remodeled with an effective year built in 2022, offers promising investment potential, a high occupancy rate, and an attractive cap rate. Conveniently located near bustling cafes, shops, restaurants, hospitals, and Seattle University, residents will enjoy the perfect blend of city living and urban convenience. With two levels and a basement, there's ample space for residents to enjoy, whether they're exploring nearby Volunteer Park or catching a show at the nearby theater. Each floor boasts a separate kitchen, washer and dryer, AC, and a separate instant hot tankless water heater, ensuring convenience and comfort for all residents.
Listing Agents
![Kevin Yuen]()
kevin.yuen@compass.comP: 425.628.8012
![Jasmine Kong]()
jasmine.kong@compass.comP: 206.972.6338
Property Details for 818 17th Avenue
Community Name
Central Area
School DistrictSeattle
ViewCity, Territorial
Number of Assigned Spaces0
Total Covered Parking0
Entry Date03-27-2024
Energy SourceElectric,Natural Gas
SewerSewer Connected
Location
Listing Courtesy of COMPASS![]()
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LISTING UPDATED: 03/28/2024 02:02 PM
Property Details for 818 17th Avenue
| Status | Active |
|---|---|
| MLS # | 2211245 |
| Days on Market | 32 |
| Cumulative Days on Market | 31 |
| Taxes | $9,808 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2022 |
| Lot Size | 0.09 AC / 3,829 SF |
| County | King County |
Location
Listing Courtesy of COMPASS![]()
Add your commute
Building Information for 818 17th Avenue
Stories2Residences10Year Built2022Building Size-Lot Size0.09 AC / 3,829 SF
Payment Calculator
$16,098 per month
30 year fixed, 7.25% Interest
Principal and Interest
$15,281
Property Taxes
$817
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 818 17th Avenue
Summary
Location and General Information
- Style: 52 - Duplex
- Area: 390 - Central Seattle
- Effective Year Built Source: Public Records
- Directions: Heading E on James/Cherry, Take a L onto 17th; home on Right.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 2.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Vinyl Plank
- Amenities: Basement
- Cooling: Yes
- Cooling: Heat Pump
- Fireplace: No
- Heating: Yes
- Heating: Heat Pump
- FIRPTA: Yes
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 7900
- Power Company: Seattle City Light
- Sewer Company: City of Seattle
- Water Company: City of Seattle
- Power Production Type: Electric, Natural Gas
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: KCR
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 2022
- Photos Count: 15
Lot Information
- Lot Details: Paved, Sidewalk
- Lot Size Source: KCR
- Parcel Number Free Text: 2254502090
- Building Condition: Good
- Calculated Square Footage: 4300
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4300.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 2
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 10
- Units Below Grade: true
- Units In Building Total: 10
Financing / Income and Expenses
- Electric Expense: $8,300
- Total Expenses: 46213.03
- Gross Adjusted Income: 0
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $158,400
- Insurance Expense: $1,389
- Net Operating Income: $0
- Other Expenses: $18,816
- Total Monthly Income: 13200
- Fuel Expense: $0
Unit 1
- Name Unit 1: T1
- Rent Unit 1: $1,250.00
- Bedrooms Unit 1: 1
Unit 2
- Name Unit 2: T2
- Rent Unit 2: $1,300.00
- Bedrooms Unit 2: 1
Unit 3
- Name Unit 3: T3
- Rent Unit 3: $1,400.00
- Bedrooms Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: T4
- Rent Unit 4: $1,500.00
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: B2
- Rent Unit 5: $1,450.00
- Bedrooms Unit 5: 1
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: B1
- Rent Unit 6: $800.00
- Bedrooms Unit 6: 1
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: B3
- Rent Unit 7: $1,400.00
- Bedrooms Unit 7: 1
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: M2
- Rent Unit 8: $1,367.00
- Bedrooms Unit 8: 1
Unit 9
- Name Unit 9: M3
- Rent Unit 9: $1,366.00
- Bedrooms Unit 9: 1
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: M1
- Rent Unit 10: $1,367.00
- Bedrooms Unit 10: 1
- Bathrooms Unit 10: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4300.0
- Leasable Area Units: Square Feet
Property History for 818 17th Avenue
| 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.
Public Records for 818 17th Avenue
Taxable ValueLand$635,000Additions$510,000Total$1,145,000
Tax Record2022$9,808 ($817 / month)
Home Facts
Baths6.5Total Finished SqFt5,560 SqFtAbove Ground SqFt4,300 SqFtFinished Basement SqFt1,260 SqFtStories2Lot Size3,829 SqFtStyleDuplexYear Built1901ZoningLR1 (M)CountyKINGAPN225450-2090Fireplace TypeHas Fireplace
Schools near 818 17th Avenue
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 - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Madrona PublicK to 5 | ||
Edmonds S. Meany Middle School Public6 to 8 | ||
Garfield High School Public9 to 12 | ||
Seattle World School Public6 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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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.