7343 35th SW, Seattle, WA 98126

$1,100,000
2,444
SqFt

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Listing courtesy of Heaton Dainard, LLC. Selling Office: 360 Pacific.

Sold Price
$1,100,000
List Price
$1,099,995
Status
SOLD
MLS#
2402501
Closing Date
Aug 15, 2025
Days on Market
3
Style
54 - 4-Plex
Finished SqFt
2,444
Area Total SqFt
2444
Annual Tax Ammount
9250
Lot Size (sq ft)
8,363
Sewer
Sewer Connected

Property Description

Desirable West Seattle 4-plex offering a mix of 2 spacious 2 bd /2 ba and 2 cozy 1 bd /1 ba units all on one level. All currently occupied. This property is fully fenced providing security and privacy and has 4 off street parking spots. The interiors are neat and spacious, with 3 of 4 units already cosmetically renovated. Also a spacious onsite Laundry and new security system. Located in thriving West Seattle renowned for its vibrant community, excellent amenities, and scenic beauty. Property values in West Seattle are expected to rise, driven by its appealing location, community investment projects, and the overall increase in demand for housing in this sought-after area. This is a wise investment today and a valuable asset for the future.

Additional Information

List Date
2025-08-12 00:00:00
Community
West Seattle
Net Operating Income
$57,770
Gross Adjusted Income
$72,120
Gross Scheduled Income
$72,120
Total Monthly Income
$6,010
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$3,900
Gross Rent Multiplier
15.25
Total Expenses
$14,350
Cap Rate
5
Vacancy Rate
1
Total Number of Units
4
Unit Name
7343
Potential Terms
Assumable, Cash Out, Conventional
Year Built
1955
Roof
Composition
Energy Source
Electric
School District
Seattle
Total Monthly Income
$6,010
Gross Scheduled Income
$72,120
Vacancy Rate
1
Gross Adjusted Income
$72,120
Tax Year
2025
Insurance Expense
$1,200
W/S/G Expenses
$3,900
Total Expenses
$14,350
Net Operating Income
$57,770
Gross Rent Multiplier
15.25
Cap Rate
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.
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