1414 SW Cambridge Street Unit #1-4, Seattle, WA 98106

$1,025,000
3,854
SqFt

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Listing courtesy of Coldwell Banker Danforth. Selling Office: Real Broker LLC.

Sold Price
$1,025,000
List Price
$1,075,000
Status
SOLD
MLS#
2365647
Closing Date
Aug 28, 2025
Days on Market
77
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
3,854
Area Total SqFt
3854
Annual Tax Ammount
9274
Lot Size (sq ft)
5,085
Sewer
Sewer Connected

Property Description

Beautifully maintained 4-plex in West Seattle's Highland Park neighborhood. Each unit has 2 bedrooms and 1 bathroom with off-street parking and a storage locker. Upper units have a deck, and lower units have a patio and small fenced in yard. Off-street parking for 8 cars when using as tandem parking. Originally built in 1969 but with extensive upgrades effective year built is 1992 per King County Records. Additional basement storage available for each unit plus coin operated washer and dryer. BONUS- Spacious office / workshop in the basement with a 3/4 bathroom. Great investment opportunity or live in one of the units and finance with FHA / VA. Located in one of Seattle's fastest growing neighborhoods. Walk Score 88 = Very Walkable

Additional Information

List Date
2025-06-12 00:00:00
Community
Highland Park
Net Operating Income
$53,319
Gross Adjusted Income
$79,200
Gross Scheduled Income
$79,200
Total Monthly Income
$6,600
Insurance Expenses
$2,200
Water/Sewer/Garbage Expenses
$13,642
Gross Rent Multiplier
13.88
Total Expenses
$25,881
Cap Rate
4.8
Total Number of Units
4
Unit Name
1414
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1969
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, Patio, Shop
Electric Expenses
765
Energy Source
Electric
School District
Seattle
Elementary School
Highland Park
Middle School
Denny Mid
High School
Sealth High
Total Monthly Income
$6,600
Gross Scheduled Income
$79,200
Gross Adjusted Income
$79,200
Tax Year
2024
Insurance Expense
$2,200
W/S/G Expenses
$13,642
Total Expenses
$25,881
Net Operating Income
$53,319
Gross Rent Multiplier
13.88
Cap Rate
4.8
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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