953 /955 23RD Avenue, Seattle, WA 98122

$1,150,000
2,710
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Better Properties Eastside.

List Price
$1,150,000
Status
ACTIVE
MLS#
2570038
Days on Market
0
Style
52 - Duplex
Finished SqFt
2,710
Area Total SqFt
2710
Annual Tax Ammount
8768.67
Lot Size (sq ft)
2,765
Sewer
Sewer Connected

Property Description

Beautifully remodeled classic duplex in the heart of Seattle's Central Area. The upper unit features 3 bedrooms and 2 bathrooms, while the lower unit offers 2 bedrooms and 1 bathroom. Both units are filled with natural light, new floors, new paint, new/updated appliances and in unit washer and dryers. This property features an unfinished basement with exterior entrance currently rented as a shop (880 sq ft). This space creates flexibility with room for growth and additional income possibilities. Zoned to add a third unit in this space-plans available upon request. Private off-street parking in the rear. Low maintenance rental located in a walkable neighborhood with easy access to bus lines. Minutes to Capitol Hill, First Hill, and Downtown Seattle with convenient I-5 access. Don't miss out on this amazing investment opportunity!

Additional Information

List Date
2026-09-12 00:43:12
Community
Central Area
Net Operating Income
$57,105
Gross Adjusted Income
$73,620
Gross Scheduled Income
$73,620
Total Monthly Income
$6,135
Insurance Expenses
$2,355
Water/Sewer/Garbage Expenses
$3,535
Gross Rent Multiplier
15.62
Total Expenses
$16,514
Cap Rate
0.05
Total Number of Units
2
Unit Name
953 /955
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1905
View
City
Roof
Composition, Metal
Other Expenses
1856
Energy Source
Electric
School District
Seattle
Elementary School
Madrona Elementary
Middle School
Meany Mid
High School
Garfield High
Total Monthly Income
$6,135
Gross Scheduled Income
$73,620
Gross Adjusted Income
$73,620
Tax Year
2025
Insurance Expense
$2,355
W/S/G Expenses
$3,535
Total Expenses
$16,514
Net Operating Income
$57,105
Gross Rent Multiplier
15.62
Cap Rate
0.05
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks