824 South Cloverdale Street
824 South Cloverdale Street
Seattle, WA 98108
$803,000
Last Sold Price
4
Beds
4
Baths
2,304 Sq. Ft.
$349 / Sq. Ft.
2,304
Sq. Ft.
$349
per Sq. Ft.
Sold 5/16/23
Sold 5/16/23
Listing provided courtesy of Keller Williams Rlty Bellevue, Marketplace Sotheby's Int Rty
Description
Amazing opportunity to own a solid 4plex & gain another income stream in vibrant South Park community! Well maintained units, No vacancy in more than a decade! You & your tenants will appreciate that all units are plumbed for laundry & include one dedicated parking space, on a level 6Ksqft LR2(m) lot. Roof replaced in 2018, interior updates in 3 out of 4 units in 2019/2020. Located conveniently close to freeways, stadiums, the library, downtown, shopping mall, bus-lines, Boeing & SODO. Stable, yet...Amazing opportunity to own a solid 4plex & gain another income stream in vibrant South Park community! Well maintained units, No vacancy in more than a decade! You & your tenants will appreciate that all units are plumbed for laundry & include one dedicated parking space, on a level 6Ksqft LR2(m) lot. Roof replaced in 2018, interior updates in 3 out of 4 units in 2019/2020. Located conveniently close to freeways, stadiums, the library, downtown, shopping mall, bus-lines, Boeing & SODO. Stable, yet under market, tenants in place. Additional ideas to create value add are by updating final unit (long term 12 year tenant in place) & increasing all units to stable market rents (Estimated $1600 per unit). Don't let this opportunity slip away!
- Listed by Wes Jones • Keller Williams Rlty Bellevue
- Listed by Ebbie Smith • Keller Williams Rlty Bellevue
Property Details for 824 South Cloverdale Street
Community Name
South Park
School DistrictSeattle
Number of Assigned Spaces4
Total Covered Parking0
Offers Review Date04-04-2023
Entry Date03-29-2023
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Keller Williams Rlty Bellevue![]()
Sold By Marketplace Sotheby's Int Rty
Add your commute
LISTING UPDATED: 05/17/2023 03:21 PM
Property Details for 824 South Cloverdale Street
| Status | Sold |
|---|---|
| MLS # | 2049752 |
| Days on Market | 8 |
| Cumulative Days on Market | 317 |
| Taxes | $7,318 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1943 |
| Lot Size | 0.14 AC / 6,000 SF |
| County | King County |
Location
Listing Courtesy of Keller Williams Rlty Bellevue![]()
Sold By Marketplace Sotheby's Int Rty
Add your commute
Building Information for 824 South Cloverdale Street
Stories1Residences4Year Built1943Building Size-Lot Size0.14 AC / 6,000 SF
Payment Calculator
$4,992 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,382
Property Taxes
$610
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 824 South Cloverdale Street
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Cable TV, High Speed Internet, Patio
- Area: 140 - West Seattle
- Elementary School: Concord
- Middle Or Junior School: Denny Mid
- High School: Sealth High
- Effective Year Built Source: Public Records
- Directions: Hwy 509 exit S. Cloverdale St. Head East. Property is on north side of street.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://www.sellwithwesjones.com/mls/southpark4plex
- Virtual Tour URL Description: Additional Info Website Including 3d tours
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Concrete, Laminate
- Features: Concrete, Laminate Hardwood
- Cooling: Yes
- Cooling: None, Window Unit A/C
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 6720
- Power Company: Seattle City Light
- Sewer Company: Seattle Public Utilities
- Water Company: Seattle Public Utilities
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Residential,See Remarks
- First Right Of Refusal: false
- Possible Use: Residential, See Remarks
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1989
- Photos Count: 27
Lot Information
- Lot Details: Alley, Curbs, Paved, Sidewalk, Value In Land
- Lot Size Dimensions: 50'X120'
- Lot Size Source: Realist
- Parcel Number Free Text: 7883604255
- Calculated Square Footage: 2304
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2304.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 1
- Vacancy Rate: 3
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 16909
- Gross Adjusted Income: 63729
- Gross Rent Multiplier: 12.4
- Gross Scheduled Income: $65,700
- Insurance Expense: $2,121
- Net Operating Income: $46,820
- Other Expenses: $750
- Total Monthly Income: 5475
- Fuel Expense: $0
Unit 1
- Name Unit 1: 824
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 576
- Rent Unit 1: $1,525.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 826
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 576
- Rent Unit 2: $1,375.00
- Bedrooms Unit 2: 1
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 828
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 576
- Rent Unit 3: $1,475.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 830
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 576
- Rent Unit 4: $1,100.00
- Bedrooms Unit 4: 1
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2304.0
- Leasable Area Units: Square Feet
Property History for 824 South Cloverdale Street
| 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 824 South Cloverdale Street
Taxable ValueLand$330,000Additions$430,000Total$760,000
Tax Record2022$7,319 ($610 / month)
Home Facts
Total Finished SqFt2,304 SqFtAbove Ground SqFt2,304 SqFtStories1Lot Size6,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1943Year Renovated1989ZoningLR2 (M)CountyKINGAPN788360-4255
Schools near 824 South Cloverdale Street
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 - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Concord Elementary School PublicPK to 5 | ||
Denny Middle School Public6 to 8 | ||
Chief Sealth High School Public9 to 12 | ||
Cleveland 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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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.