3604 Beach Drive SW, Seattle, WA 98116

$1,350,000
1,990
SqFt

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Listing courtesy of Windermere West Metro.

List Price
$1,350,000
Status
ACTIVE
MLS#
2528658
Days on Market
61
Style
53 - Tri-plex
Building Condition
Very Good
Finished SqFt
1,990
Area Total SqFt
1990
Annual Tax Ammount
10563.95
Lot Size (sq ft)
4,992
Sewer
Sewer Connected

Property Description

Welcome to this seaside West Seattle tri-plex with views! Great investment opportunity in this street-to-street corner lot with Sound & Olympic Mountain views. The CUTE and well-maintained units include TWO: 2 bed/1bath units with fireplaces, attached garages plus off-street parking and ONE: studio unit. Each unit has dedicated outdoor patios or garden space, plus all units share the front lawn with views. Shared laundry room & basement storage. One unit is clean & vacant ready to rent or is perfect for the savvy owner occupant. Land bank for future development potential with LR2 (M) zoning. Tenants will enjoy accessibility to waterfront parks, restaurants, shopping, Alki Beach, & transit.

Additional Information

List Date
2026-05-26 16:47:12
Community
Beach Drive
Net Operating Income
$28,186
Gross Adjusted Income
$49,900
Gross Scheduled Income
$56,400
Total Monthly Income
$4,158
Insurance Expenses
$5,097
Water/Sewer/Garbage Expenses
$4,505
Gross Rent Multiplier
23.94
Total Expenses
$22,141
Cap Rate
3.7
Vacancy Rate
30
Total Number of Units
3
Unit Name
3604
Potential Terms
Cash, Conventional
Year Built
1950
View
Mountains, See Remarks, Sound
Roof
Composition
Site Features
Fenced-Partially, Patio
Electric Expenses
428
Other Expenses
1546
Energy Source
Electric, Natural Gas, Oil
School District
Seattle
Elementary School
Alki
Middle School
Madison Mid
High School
West Seattle High
Total Monthly Income
$4,158
Gross Scheduled Income
$56,400
Vacancy Rate
30
Gross Adjusted Income
$49,900
Tax Year
2025
Insurance Expense
$5,097
W/S/G Expenses
$4,505
Total Expenses
$22,141
Net Operating Income
$28,186
Gross Rent Multiplier
23.94
Cap Rate
3.7
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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