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Listed by:AgencyOne • Deep Paknikar
$ 990,000
Est. payment /mo
Active
10443 17 AVE SW Seattle, WA 98146
7 Beds
4 Baths
3,120 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $317
Subdivision White Center
MLS Listing ID 2502279
Style 54 - 4-Plex
Bedrooms 7
HOA Fees $11/mo
Year Built 1969
Annual Tax Amount $3,360
Lot Size 0.390 Acres
Property Sub-Type Multi Family
Property Description
Back on the market — prior buyer's financing fell through, no fault of the property. Turnkey, 100% occupied 4-plex in Seattle's 98146 rental corridor, fully renovated in 2025 and offered under $1M. A clean, stabilized asset delivering income from day one. All four 2BD/1BA units were comprehensively renovated in 2025 with in-unit washer/dryer, private outdoor space (decks, patios, yards), and reserved parking — finishes that keep good tenants in place and turnover low. Verified, lender-ready financials: four units leased to stable long-term tenants at $1,800/mo, $86,400 gross annual income, ~$68,354 NOI, 6.84% cap rate. Market rents trending to $1,950+/mo offer built-in upside with zero additional capex. Consistent demand from proximity to major employment centers, transit, and neighborhood amenities keeps units full, and renovated small multifamily in 98146 rarely comes available at this price. Ideal for buy-and-hold investors, house hackers, and 1031 exchange buyers seeking immediate deployment of capital into a stabilized, income-producing asset with real upside. Full financials, rent roll, and expense breakdown available on request. Serious buyers — clean financials, motivated seller, and a property ready to perform.
Location
State WA
County King
Area 130 - Burien/Normandy Park
Interior
Fireplace false
Exterior
Exterior Feature Cement Planked
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Highland
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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