633 33rd Avenue E, Seattle, WA 98112

$1,950,000
5,400
SqFt

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Listing courtesy of Westlake Associates, Inc.. Selling Office: ZNonMember-Office-MLS.

Sold Price
$1,950,000
List Price
$2,100,000
Status
SOLD
MLS#
2398247
Closing Date
Jan 29, 2026
Days on Market
91
Style
54 - 4-Plex
Finished SqFt
5,400
Area Total SqFt
5400
Annual Tax Ammount
18300
Lot Size (sq ft)
7,440
Sewer
Sewer Connected

Property Description

Discover an exceptional investment opportunity on a stately, tree-lined street in highly coveted Madison Park. This unique classic five-unit property offers the quintessential blend of old-world charm and long-term investment appeal, just blocks from Broadmoor Golf Course, Seattle Tennis Club, the Japanese Garden, upscale shopping, and Lake Washington access. This offering provides significant value-add potential and the unique opportunity for an owner to occupy the charming cottage while generating substantial income from the other units.

Additional Information

List Date
2025-10-30 00:00:00
Community
Madison Valley
Net Operating Income
$91,081
Gross Adjusted Income
$131,271
Gross Scheduled Income
$138,180
Total Monthly Income
$11,515
Insurance Expenses
$6,600
Water/Sewer/Garbage Expenses
$9,290
Gross Rent Multiplier
15.2
Total Expenses
$40,190
Cap Rate
4.34
Vacancy Rate
5
Total Number of Units
5
Unit Name
633
Potential Terms
Cash, Conventional
Year Built
1907
Roof
Flat
Other Expenses
6000
Energy Source
Electric
School District
Seattle
Total Monthly Income
$11,515
Gross Scheduled Income
$138,180
Vacancy Rate
5
Gross Adjusted Income
$131,271
Tax Year
2025
Insurance Expense
$6,600
W/S/G Expenses
$9,290
Total Expenses
$40,190
Net Operating Income
$91,081
Gross Rent Multiplier
15.2
Cap Rate
4.34
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.

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