2822 14th Avenue W, Seattle, WA 98119
- $1,650,000
- 4,288
- SqFt
Listing courtesy of Coldwell Banker Danforth.
- List Price
- $1,650,000
- Status
- ACTIVE
- MLS#
- 2576773
- Days on Market
- 0
- Style
- 55 - 5-9 Units
- Finished SqFt
- 4,288
- Area Total SqFt
- 4288
- Annual Tax Ammount
- 15593
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
Exceptional investment opportunity on the western slope of Queen Anne. This well-maintained mid-century five-plex offers strong income, consistently low vacancy, and compelling long-term potential. The building and all five units are in great condition and each unit has its own dedicated storage unit in the basement. An attractive cap rate provides solid returns today with potential to further maximize income over time. The location provides quick access to Interbay, Ballard, Fremont, Magnolia, Downtown Seattle, and Highway 99, making it highly desirable for tenants seeking convenience and connectivity. Residents also enjoy easy access to Queen Anne's vibrant restaurants, cafés, shopping, parks, and major employment centers. A dependable, income-producing asset in one of Seattle's premier neighborhoods, with the potential to benefit from continued appreciation and future value-add. Pre-listing inspection report available upon request.
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Additional Information
- List Date
- 2026-09-03 04:45:11
- Community
- Queen Anne
- Net Operating Income
- $94,892
- Gross Adjusted Income
- $126,288
- Gross Scheduled Income
- $126,288
- Total Monthly Income
- $10,524
- Insurance Expenses
- $4,269
- Water/Sewer/Garbage Expenses
- $4,824
- Gross Rent Multiplier
- 13.07
- Total Expenses
- $31,396
- Cap Rate
- 5.7
- Total Number of Units
- 5
- Unit Name
- 2822
- Potential Terms
- Cash, Conventional
- Year Built
- 1962
- View
- See Remarks, Sound, Territorial
- Roof
- Torch Down
- Site Features
- Gas Available, High Speed Internet
- Electric Expenses
- 611
- Other Expenses
- 3177
- Energy Source
- Electric, Natural Gas
- School District
- Seattle
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $10,524
- Gross Scheduled Income
- $126,288
- Gross Adjusted Income
- $126,288
- Tax Year
- 2026
- Insurance Expense
- $4,269
- W/S/G Expenses
- $4,824
- Total Expenses
- $31,396
- Net Operating Income
- $94,892
- Gross Rent Multiplier
- 13.07
- Cap Rate
- 5.7
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.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.