10725 Myers Way S, Seattle, WA 98168
- $980,000
- 2,964
- SqFt
Listing courtesy of John L. Scott, Inc. Selling Office: KW Greater Seattle.
- Sold Price
- $980,000
- List Price
- $975,000
- Status
- SOLD
- MLS#
- 2381574
- Closing Date
- Sep 09, 2025
- Days on Market
- 27
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 2,964
- Area Total SqFt
- 2964
- Annual Tax Ammount
- 10540
- Lot Size (sq ft)
- 11,326
- Sewer
- Available, Sewer Connected
Property Description
Must See!! Well Maintained 4 Plex with Spacious Units. Great investment opportunity with Two 2 bedroom units and Two 1 bedroom units. Long time owner has kept the rents low, tons of potential to increase rents and create additional cash flow. Huge 11,326 sq ft lot with possibilities for more units in the backyard. Nice new driveway up to the building, property sits nicely above the street for additional privacy and separation from the road. Two of the units have a private decks and nice backyard spaces. Washer and Dyers in each unit, storage spaces available for tenants, plenty of parking with 6 Covered Carports, 100% leased. Conveniently located close to Seatac airport, freeways, and downtown Seattle
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Additional Information
- List Date
- 2025-08-13 00:00:00
- Community
- Seattle
- Net Operating Income
- $54,029
- Gross Adjusted Income
- $78,360
- Gross Scheduled Income
- $78,360
- Total Monthly Income
- $6,530
- Insurance Expenses
- $3,755
- Water/Sewer/Garbage Expenses
- $9,733
- Gross Rent Multiplier
- 12
- Total Expenses
- $24,331
- Cap Rate
- 5.5
- Total Number of Units
- 4
- Unit Name
- 10725
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1979
- View
- Mountain(s)
- Roof
- Torch Down
- Site Features
- Deck, Fenced-Partially
- Electric Expenses
- 303
- Energy Source
- Electric
- School District
- Highline
- Total Monthly Income
- $6,530
- Gross Scheduled Income
- $78,360
- Gross Adjusted Income
- $78,360
- Tax Year
- 2025
- Insurance Expense
- $3,755
- W/S/G Expenses
- $9,733
- Total Expenses
- $24,331
- Net Operating Income
- $54,029
- Gross Rent Multiplier
- 12
- Cap Rate
- 5.5
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.